Automotive Dive

18/02/2025

E-commerce gaint Amazon remains Rivian’s largest commercial customer to date. In 2019, founder Jeff Bezos placed a $7 billion order with Rivian to supply it with up to 100,000 electric delivery vans.

The company previously sold a majority of its electric vans to Amazon, which was its first large-scale customer.

14/02/2025

President Donald Trump signed an executive order Thursday enacting a reciprocal tariff policy for all current and potential U.S. trading partners. https://buff.ly/3WYrBFb

14/02/2025

New York’s clean energy investment fund will provide a $60 million loan to Revel, the largest provider of public electric vehicle fast-charging in New York City, to more than triple the size of its public network in the city. https://buff.ly/4hWXkyx

13/02/2025

A 25% tariff on imports from Mexico and Canada would be detrimental to the U.S. auto industry, Ford Motor Co. CEO Jim Farley said during an investor conference Tuesday. https://buff.ly/4hQH1Dk

13/02/2025

Honda and Nissan will not merge after all.

However, they will continue to collaborate in the future, including through their strategic partnership that includes AI and electric vehicle development.

The two automakers said they would continue a strategic partnership focused on "the era of intelligence and electrified vehicles."

13/02/2025

Ford Motor Co. VP of finance Sherry House took over as CFO from long-time company veteran and finance chief John Lawler on Feb. 6. https://buff.ly/4gGiUq7

12/02/2025

The rapid advancements in AI are now poised to transform the auto industry, making vehicles more interactive and helping carmakers boost efficiency across many areas of their operations.

The automaker also aims to deploy technology developed by France-based startup Mistral AI across vehicle engineering, fleet data analysis, sales and manufacturing.

12/02/2025

A 25% tariff on steel could raise the cost of individual vehicles by as much as $1,500, experts say, creating additional challenges for a sector already dealing with a soft sales environment.

A 25% import duty could increase the price of a typical vehicle by $1,500, an expert said.

12/02/2025

Jack Cooper Transport is shuttering work sites and terminating jobs, according to mass layoff and closure notices filed in multiple states, after contracts with automakers fell through.
https://buff.ly/3WUtl2d

12/02/2025

Ionna says it’s committed to deploying 30,000 electric vehicle charging bays around the U.S. by 2030 despite government action last week suspending billions of dollars in funding to support network expansion.

The automaker-led joint venture remains committed to rolling out public charging infrastructure, despite the suspension of government funding.

11/02/2025

President Donald Trump on Monday announced new tariffs on steel and aluminum, a move that could affect automotive supply chains.

“It’s 25% without exceptions or exemptions, and that’s all countries, no matter where it comes from,” Trump told reporters during an executive order signing ceremony at the White House.

The new duties build on actions from the president's first term while axing exemptions and product exclusions.

11/02/2025

President Donald Trump plans to introduce a 25% blanket tariff on steel and aluminum imports entering the U.S., he said in a press briefing on Air Force One Sunday. https://buff.ly/4guQU8R

11/02/2025

“Ionna is fortunate in that we are not reliant on federal funding to develop our Rechargeries,” Miles Johnson, spokesman for Hyundai Motor America, said in an email to Automotive Dive.

The automaker-led joint venture remains committed to rolling out public charging infrastructure, despite the suspension of government funding.

10/02/2025

The first batteries made at Toyota Motor Corp.’s newly expanded North Carolina plant will begin shipping in April, the automaker announced Wednesday. https://buff.ly/3EwqTbL

10/02/2025

The Trump administration has suspended the $5 billion National Electric Vehicle Infrastructure formula program, informing state transportation directors in a Thursday memo that “no new obligations may occur” until guidance is updated. https://buff.ly/42QDNLU

07/02/2025

CFO Paul Jacobson said the automaker has been working on multiple playbooks to ensure it can respond to tariffs accordingly.

CFO Paul Jacobson said it has multiple playbooks to help offset impact of higher costs throughout its supply chain.

07/02/2025

A gap between workers’ wages and the rising cost of living is creating financial stress among U.S. workers, according to Resume Now’s 2025 Wage Reality Report. https://buff.ly/419dCyY

06/02/2025

Toyota Motor Corp. posted a year-over-year operating profit decline of nearly 28% in Q3, its second consecutive quarterly decline in over two years, according to its earnings report Feb. 4.

The automaker cited investments in new growth areas, labor costs and a challenging market environment for the drop in profits.