Trump tariffs: EU clears major hurdle to finalize U.S. trade deal
Ursula von der Leyen (CDU), President of the European Commission, sits on the podium at the Charlemagne Prize…
Detroit automakers have cut over 20,000 U.S. salaried jobs as AI looms
The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg…
Trump warned over China autos in U.S.
The exterior of a BYD electric vehicle showroom, operated by Schiller Auto, in Budapest, Hungary, on May 27,…
Ford surges nearly 20% in two days. It might be an AI ‘meme’ stock after energy pivot
Ford at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries…
The U.S. auto industry is losing ground to China and imperiling national security
It would hardly be an understatement to say the U.S. auto industry has historically been one of the…
Laid off GM employees describe ominous meeting, AI and severance
DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources.…
GM lays off 500-600 salaried IT workers to cut costs
The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT…
Why a large U.S. auto lender isn’t concerned about ‘forever loans’
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson…
Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump
Toyota signage at the New York International Auto Show in New York City on April 2, 2026. Danielle…
Americans owe a record $1.68 trillion in car loans
Some types of debt seem inescapable. Tens of millions of American are saddled with mortgages, student loans, credit…
Car payments squeeze Americans as auto debt hits $1.68 trillion: Report
Fuel prices are displayed on a sign as a customer fills their vehicle at a gas station on…
Ford’s secret EV unit endures despite market slowdown, exec departure
LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars…