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Tariffs have added costs that automakers mostly have not offset with higher prices, and they are reining in investments for EVs that are selling slowly as the government eliminates incentives.

Morita, 52, will take over as CEO on Jan. 1. He’s currently the company’s chief strategy officer and has been with Bridgestone for almost three decades.

A truck driver accused of being under the influence and causing a fiery crash that killed three people on a California freeway is in the country illegally, U.S. 91��Ƶland Security officials said.

GM and Stellantis will be forced to pay tariffs on some U.S.-made vehicles they import for sale in Canada, after the companies decided to reduce assembly-line work at Ontario factories.

President Donald Trump said late Oct. 23 that he was ending “all trade negotiations” with Canada because of a television ad in that country opposing U.S. tariffs.

Rivian Automotive agreed to pay $250 million to settle an investor lawsuit against the electric vehicle maker, saying it’s eager to put the legal wrangling behind it. 

Isaac previewed burgeoning capabilities and outlined its broader vision for AI and fleet management technology at its Horizon 2025 user conference, held Oct. 20-22.

Ford expects a profit hit of as much as $2 billion after a devastating fire at a key supplier of aluminum for its top-selling F-150 pickup truck, overshadowing solid Q3 financial results.

Oil prices spiked after the U.S. announced new sanctions on Russia's oil industry in an attempt to get President Vladimir Putin to the negotiating table and end Moscow’s brutal war on Ukraine.