President Donald聽Trump鈥檚 shifting stances on trade and tariffs have upended the planning of many companies that provide parts and equipment to big automakers.
June 25, 2025Latest News Updates From David Welch
Layoffs From Trump Tariffs Ripple Across Auto Parts Industry
Aurora Reverses Course, Puts Human Back in Driver鈥檚 Seat
Aurora Innovation is putting a human back in front of the wheel of big rigs operating in Texas, reversing course less than three weeks after the company began commercial autonomous service.
May 16, 2025GM Hires Aurora Co-Founder Sterling Anderson
GM has hired Sterling Anderson, the former director of Tesla鈥檚 Autopilot program and a co-founder of autonomous startup Aurora, as chief product officer overseeing all vehicle development.
May 12, 2025Hertz Wins Over Ackman in Bet Tariffs Will Raise Value of Cars
Bill Ackman鈥檚 Pershing Square Capital Management has amassed a nearly 20% stake in Hertz in a bet on the rental car company鈥檚 turnaround plan and that tariffs will boost the value of its vehicles.
April 18, 2025Car Shoppers Race to Beat Tariff Price Increases
Edmunds projects Q1 car sales totaling 3.8 million vehicles, the strongest start to the year since 2021. Promised U.S.聽tariffs could jack up sticker prices once inventories are depleted.
March 31, 2025GM Boosts Investor Payout With New Buybacks, Dividend Hike
General Motors plans to step up its program of buybacks by repurchasing $6 billion in shares and raising its dividend.聽The move comes as the industry faces uncertainty about threatened tariffs.
February 26, 2025GM鈥檚 Cruise to Slash 1,000 Jobs as Robotaxi Service Shutters
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan.
February 4, 2025NHTSA Probes Engine Failure Risk in 870,000 GM Trucks
U.S. auto safety regulators are probing General Motors Co. over concerns that more than 870,000 of its full-size pickup trucks and SUVs face the risk of engine failure.
January 17, 2025GM to Wind Down Robotaxi Operations Championed by CEO Barra
General Motors Co.鈥檚 Cruise self-driving car unit will exit the robotaxi business, a retreat from a market that proved costly and full of reputational pitfalls for the automaker.
December 10, 2024GM Eyes Affordable Electric Pickup With 350-Mile Range
The Detroit-based automaker is working to secure a North American supply of lithium iron phosphate batteries, according to its vice president of battery strategy.
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