The Latest
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Courtesy of Kia Corporation
Kia’s net profit declines nearly $1.9B in 2025, citing US tariffs
The automaker’s global sales surpassed 3 million vehicles last year, the most in company history.
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Getty Images
Auto lenders share dealers’ affordability dilemma
Interest rate cuts have not lowered borrowing costs for consumers yet, creating a headwind to vehicle sales, according to speakers at an annual automotive finance conference.
Updated Feb. 5, 2026 -
Courtesy of Waymo
Waymo raises $16B in major funding round
The company’s robotaxi business tripled its annual volume to 15 million rides in 2025.
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Richard Martin-Roberts via Getty Images
UK vehicle production plunged in 2025 amid US tariffs, JLR cyberattack
The Society of Motor Manufacturers and Traders said the mix of pressure created the “toughest year in a generation” for the country's vehicle manufacturing industry.
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Sean Gardner via Getty Images
At NADA Show 2026, dealers will seek out lessons in operational excellence
Auto retailers are convening in Las Vegas to talk business, but for many, improving fixed operations and falling margins remains top of mind.
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Courtesy of Polestar
Polestar secures $400M after record sales year
The luxury electric brand has now boosted its liquidity with two major investments in as many months.
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Group 1 Automotive’s record 2025 revenues driven by Fixed Ops, F&I
Fixed Ops improved performance last year reflected ongoing efforts to add and retain service technicians.
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Courtesy of Aumovio
Aumovio to cut 4,000 jobs as part of R&D spending rollback
The company, spun off from Tier 1 supplier Continental, said the layoffs are meant to bring R&D spending to below 10% of sales from 11.9% in Q3 2025.
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Courtesy of General Motors
The top automotive industry trends to follow in 2026
With automakers navigating tariffs, a sea of regulatory changes, supply chain uncertainties and waning EV demand, we’ve rounded up articles that dive into the topics OEMs and dealers are watching.
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Courtesy of Hyundai Motor Group
Hyundai Motor reports a $7.1B decline in net profit in 2025
The automaker cited U.S. tariffs as a significant factor in the declines, and it plans to up its investments in 2026 to remain competitive.
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Courtesy of General Motors
NHTSA opens query into GM V-8 engine failures after 2025 recall
The agency is investigating whether GM’s remedy for engine defects, affecting nearly 600,000 SUVs and pickups recalled last year, resolved the mechanical issues.
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Courtesy of GM Financial
GM Financial net income up 10.6% YoY in 2025
For all of 2025, retail auto loan and lease originations for the captive finance company totaled $55.9 billion, down 0.3% and nearly even with 2024.
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Courtesy of Tesla Inc.
Tesla ending Model S, X production in Q2, CEO Elon Musk says
It’s the end of an era for the electric sedan and SUV as the company looks towards a future that includes autonomous driving, robotaxis, humanoid robots and AI compute clusters.
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Kevin Dietsch via Getty Images
3 regulatory topics automakers should watch in 2026
Trade, safety and emissions standards are front and center as the Trump administration reshapes U.S. automotive policy.
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Permission granted by Todd Blue
Todd Blue has big plans for Ferrari of Rancho Mirage
Now that he finally owns it, Blue told WardsAuto he hopes to put Ferrari of Rancho Mirage at the center of a luxury-auto ecosystem focused on customer experiences.
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Nathan Howward via Getty Images
Fed holds main rate steady, highlighting signs of job market stability
Two Federal Reserve governors dissented against the decision to leave policy unchanged, favoring a fourth consecutive cut to borrowing costs.
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Courtesy of Sony Honda Mobility
Sony Honda Mobility partners aligned on EV vision
It’s taken some effort to merge cultures from to two since its launch in 2022, but Sony Honda Mobility of America’s CEO says it’s going better than expected.
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Getty Images
Trump administration must release EV charger funds, court rules
The Department of Transportation and Federal Highway Administration “yanked the NEVI Formula Program’s cord out of the outlet,” said U.S. District Judge Tana Lin. “It is simply not how things are lawfully done.”
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Courtesy of General Motors
GM’s net income falls by $3.3B in 2025 on EV-related charges
The automaker’s total EV-related charges were $7.9 billion last year, which significantly impacted its bottom line. But CEO Mary Barra expects a rebound in 2026.
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Getty Images
Jaguar denies change in all-electric brand strategy
The automaker dismissed media reports suggesting later models of an upcoming sedan may have gasoline-assisted powertrains, saying a recent all-electric prototype was well-received.
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Courtesy of Ford Motor Co.
Ford recalls nearly 117,000 vehicles for faulty engine block heaters
The accessory heater for some Focus, Escape and Lincoln MKC models can leak coolant and short-circuit, increasing the risk of a fire.
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Andrew Harnik via Getty Images
Trump vows to hike South Korea tariffs to 25%
The U.S. president said he would raise levies, including those on cars, because South Korea’s National Assembly has not enacted terms of a framework trade deal.
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Courtesy of Honda Motor Co.
Honda dissolving its fuel cell system partnership with GM
Honda said it will continue internal development of its hydrogen fuel cell technology, and intends to make it a core business segment in the future.
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Chip Somodevilla via Getty Images
Trump threatens 100% tariff to stymie Canada-China trade pact
The president said the levy on Canada imports would go into effect immediately should the country consummate a preliminary trade agreement with China announced earlier this month.
Updated Jan. 26, 2026 -
sankai via Getty Images
NXP develops new tech to counter cyberattacks on software-defined vehicles
In an interview with WardsAuto, experts at the chipmaker said “post-quantum cryptography” technology could help isolate individual chips coming under attack.
