General Motors faces another speed bump thanks to a recent deal that will allow thousands of Chinese EVs into Canada.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
The last three months of 2025 are only the start of a downturn for EV sales: The pace is expected to keep slowing next year.
US automakers General Motors, Stellantis (formerly Fiat Chrysler) and Ford are bracing for slowing sales in 2026 amid rising unemployment.
Trump said the Biden administration proposal “forced automakers to build cars using expensive technologies that drove up costs” and prices.
Sales of new electric vehicles fell 6.3% year-over-year in the second quarter, according to Cox Automotive analysts.
Like chipmaker Intel and rare earths producer MP Materials, the US sees its investment in Lithium Americas as being in the national interest.
While 15% tariffs would be nothing to toast in normal times, it seems pretty good after Trump first threatened Japan with a 24% tariff rate.
Ford said that its second quarter sales rocketed 14% in the second quarter from a year earlier to 612,095 vehicles.
At home in the US, one of Detroit’s Big Three stood out as vulnerable to a potential trade war: General Motors.
The stakes could hardly be larger for General Motors, which pitched a simple message to investors: We have a plan and the future is bright.
US manufacturers might not have the best grasp on what drivers want. The ones who seem to know reside about 6,000 miles away in Japan.
Fisker, the electric vehicle startup, filed for Chapter 11 bankruptcy Tuesday. The real surprise is that it stuck around as long as it did.
Stocks are mostly stuck in neutral as investors await two key pieces of data on Wednesday.
The average age of cars and light trucks reached a record high of 12.6 years in 2024, up by roughly two months from last year.
GM said it grew market share across several pickup and SUV models, despite pricing incentives that were “well below” the industry average.
The EV startup’s stock fell even further on Monday after news that talks fell through on a potentially company-saving partnership.