automaker News Updates

Volkswagen’s influential labor leaders vowed to fight plans for large-scale job cuts and factory closures in Germany.

Deliveries rose 25% from a year earlier, when Tesla faced widespread consumer backlash against CEO Elon Musk’s polarizing work for the Trump administration.

Rivian said it saw strong quarter-over-quarter growth for its commercial van and R1 electric vehicles as it began sales of the new R2 electric SUV.

VW is entering another period of upheaval after CEO Oliver Blume and other executives signaled internally that the group remains uncompetitive in key areas.

Investors betting that more old-world auto companies are in line to benefit from the boom in AI got another stamp of approval from Wall Street.

CEO Antonio Filosa has flagged that partnerships will be a key pillar of the company’s strategy going forward.

Quarterly sales declined nearly 2% to $22 billion. Nissan said it was working on cost cuts and other efforts to become more profitable.

North American shipments rose 17% to 379,000 vehicles. Stellantis grew in all regions including in Europe.

Hyundai is rerouting ships around Africa to avoid the Strait of Hormuz, slowing the automaker’s global supply lines.

Lawmakers appear poised to pass legislation this year that would mandate automakers keep AM receivers in cars.