The Latest
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General Motors drives toward supply chain resiliency
The automaker is upping its domestic production investments while securing memory supply to shield rising commodity and logistics costs.
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Stellantis’ Q2 adjusted operating income triples YoY
Net revenues are up 32% in North America and brisk vehicle sales are driving the automaker’s performance as its business strategy bears fruit.
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GM confirms $157M investment in Wentzville Assembly plant
The investment is focused on paint and modernization upgrades, including new processing equipment and an estimated 28,000-square-foot expansion.
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Retrieved from Jacob Cruz/4th Infantry Division Public Affairs Office.
US Army awards prototype contracts to Ford, GM, BC Customs
The automakers are competing for a contract to produce over 600 Heavy Infantry Squad Vehicles for the military agency. The agreement also aligns with Ford and General Motors’ goal to grow in the defense sector.
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2027 Audi Q9 and SQ9 unveiled as brand’s biggest SUVs
The luxury SUV lineup arrives later this year and will take on the BMW X7, Cadillac Escalade and Mercedes-Benz GLS.
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Ford raises guidance for 2026 as F-Series production recovers
High margin, off-road trims of trucks and SUVs helped buoy Ford to a strong showing in Q2 — even as the automaker contended with supplier issues and EV-related losses.
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The Niello Company uses AI to make its dealerships’ staff more effective
While the California dealer group already puts AI to use in a range of tasks from compliance insights to crafting pay plans, its sales and finance director has suggestions for the future.
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Renault Group’s value brand Dacia slips as China imports start to bite
Dacia’s first-half slump pushed the automaker’s volumes into negative territory in the first half of 2026.
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Hybrid VW Tiguan US-bound amid EV reset
A hybrid version of the Tiguan is due to face off with the Toyota RAV4 and Honda CR-V, although electrified versions of the Golf family aren’t set for the U.S.
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Retrieved from U.S. Department of Transportation/X.
Mass transit, bike lanes, EV infrastructure face substantial cuts in DOT proposal
Building and expanding interstate highways is a priority for the administration’s next surface transportation legislation, Transportation Secretary Sean Duffy said in a letter to six Senate leaders.
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Hyundai recalls 48K Kona SUVs over seat belt buckles
The automaker decided on the recall “out of an abundance of caution,” after its supplier notified the company of a test failure.
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Stellantis to sell off car-sharing unit to concentrate on core operations
The automaker will sell its entire stake in Free2Move, which was once set not just to be a platform for car-sharing and urban mobility but a pathway to bring Peugeot to the U.S.
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Amid an affordability pinch, premium brands risk losing luster to tech
Car shoppers are reprioritizing expectations, and having advanced technology in their vehicles matters — especially for those under 45, a recent study finds. So what can legacy OEMs do?
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Ford integrating Apple Maps into its Universal Electric Vehicle platform
The tech will be added to the infotainment systems of UEV platform vehicles in 2027. Apple Maps will also integrate with Ford’s BlueCruise hands-free driving system.
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Volvo Cars expects turnaround despite ‘challenging environment’
After a tough Q2 affected by a weakened China market, Volvo sees light in the second half of 2026.
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Ford, China’s Geely to build cars in Spain in joint venture
The deal calls for the automakers to build two new Ford multi-energy vehicles and two new Geely electric SUVs at the Valencia plant.
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Ally Financial sees loan applications rise to record levels in Q2
The lender's increase in applications from the top of the purchase funnel allows it to be more selective while growing volume.
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Ford, Global Power Products debut home backup solution
More than 800 electric utilities have approved GPP’s GenerLink transfer switch, which provides backup power for outlets and hardwired appliances at significantly lower cost than a standby generator, Ford says.
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Ford recalls nearly 388K SUVs for binding second-row seat switches
The recall expands a previous one in June 2025 for switches that can stick and cause the second-row seats to suddenly slide or fold.
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Tesla reports strong Q2 deliveries and revenue, weaker profits amid big spending
Expenditures on other projects, like its Optimus robot and scaling its Robotaxi business, leave investors holding out for future returns.
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Penske and Mitsui seek to take Penske Auto private in $3.8B deal
Two current owners of global retailer Penske Automotive Group are offering $210 a share, subject to shareholder and regulatory approval.
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Honda confirms next-gen Ridgeline pickup
Set to arrive within two years, the third-generation Ridgeline will continue to be built in Alabama.
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GM reports revenue of $48B in Q2, updates full-year guidance
The automaker’s EBIT-adjusted margin also improved from the same period a year ago, increasing from 6.4% to 8.2%.
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Xpeng will enter US auto market, when allowed
The China-based EV and tech start-up is expanding in Europe, but also is eyeing the potential of North America, according to its CEO.
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Why auto dealer M&A activity could hit record levels in 2026
Dealers are increasingly eyeing luxury brands as well as volume franchises such as Honda and Toyota. But that's only part of the surge.