Cadillac F1 unveils black and white design for race cars
CEO Dan Towriss called the design — unveiled in a Super Bowl ad — “bold, modern and unmistakably American.”
Auto Industry
-
Stellantis announces $13B investment in US facilities, including Kokomo
The company had previously said it would make additional investments in several of its Kokomo facilities to produce an all-new vehicle.
Read More -
After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical
Adding to the headwinds: an incoming new U.S. president who has disparaged government support for electric vehicles.
Read More -
Car loan defaults jump as consumers battle inflation, high interest rates
A Cox Automotive report finds that car repossessions nationwide are up 23% over last year and 14% compared with the first half of 2019.
Read More -
Corvette will be the first hybrid pace car in Indy 500 history
The 2024 Chevrolet Corvette E-Ray 3LZ coupe, the 21st Corvette pace car at the Indy 500, uses naturally aspirated V-8 power and electric power.
Read More
Articles
Stellantis shares plunge on $26B in charges tied to EV retreat
The writedowns, much of which will cover the cost of canceling EVs and compensating suppliers, exceed the impairments Ford Motor Co., General Motors Co. and Porsche AG have announced in recent months.
Hyundai and Kia to repair millions of vehicles under deal to fix anti-theft technology
Under the nationwide settlement, the companies will offer a free repair to all eligible vehicles at a cost that could top $500 million and outfit all future vehicles sold in the U.S. with a key piece of technology.
Strong recovery for car sales didn’t materialize in 2025 as many predicted
Did high prices, high interest rates or tariff uncertainty scare you off from buying a new car this year? You’re in good company.
UPDATE: NASCAR settles federal antitrust case, gives all its teams the permanent charters they wanted
Teams have argued for more than two years that their charters needed to be made permanent and revenue sharing had to change.
Consumer sentiment rises for first time in 5 months
Still, consumers remain troubled by a stubbornly high cost of living, which has been a major drag on sentiment this year.
Trump outlines plan to unwind Biden-era car mileage mandates
The Transportation Department proposal represents the administration’s latest bid to unwind a suite of policies spurring electric vehicle production that Trump has derided as an “EV mandate.”
Trump plans to weaken vehicle mileage rules in bid to reduce vehicle prices
The proposal would significantly reduce fuel economy requirements, which set rules on how far new vehicles need to travel on a gallon of gasoline, through the 2031 model year, according to sources.
Ford taps Amazon to let shoppers buy its used cars online
Ford joins Hyundai on the Amazon Autos portal, which allows car buyers to browse, finance and purchase a used car by clicking on the familiar “add to cart” icon.
Musk could become history’s first trillionaire as Tesla shareholders OK giant pay package
The vote followed weeks of debate over his management record at the electric car maker and whether anyone deserved such unprecedented pay.
Apple inks 5-year US broadcasting deal with Formula 1
The deal with Apple was praised by Dan Towriss, CEO of Indianapolis-based TWG Motorsports and the Cadillac Formula 1 team that will debut next season.
Ontario premier criticizes Trump after Stellantis says it will move production from Canada to US
The leader of Canada’s most populous province called for economic retaliation on the U.S. over Stellantis’ decision.
GM to take a $1.6B hit as tax incentives for EVs are slashed
General Motors had led the way among U.S. automakers with plans to convert production to an electric fleet of vehicles.
US opens Tesla probe after more crashes involving self-driving technology
The National Highway Traffic Safety Administration said in a filing dated Tuesday that it has 58 incident reports of Tesla vehicles violating traffic safety laws while operating in full self-driving mode.
Stellantis planning $10B in US turnaround investments, sources say
Stellantis’ actions would mirror those of companies unveiling big investment plans to curry favor with President Donald Trump and mitigate the impact of tariffs.
Tesla reports surprise increase in car sales in third quarter
The electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30.
Car sales expected to surge as buyers raced to nab lapsing EV credit
Most industry observers forecast a slowdown in EV sales in the coming quarters, because without the federal incentives, the vehicles are still more expensive than gas-powered cars.
To keep up with growing car prices, many borrowers turn to 7-year loans
Six-year loans, at one time considered the upper end of the range, are now the most common, accounting for 36.1% of loans in the second quarter.
Toyota reports 37% drop in profit, cuts forecast due to Trump’s tariffs
Toyota’s production facility in Princeton, Indiana, is operated through its Toyota Motor Manufacturing Indiana subsidiary, which is the 15th-largest employer in the state.
Trump’s EPA targeting key vehicle-emissions rules. Here’s what that means for carmakers.
The Environmental Protection Agency’s plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.