Factories sharing new vehicle sales reports with the Automotive News Data Center suffered a roughly 5% drop in total volume in the first quarter, driven in large part by a double-digit decline in March. +
The Federal Reserve has decided to keep its target lending rate at 3.5% to 3.75% in an 11-1 vote held amid persistent inflation and new geopolitical concerns. +
President Donald Trump says imported vehicles and parts are not subject to a new 15% tariff enacted after the Supreme Court restricted his ability to regulate trade. +
The U.S. Supreme Court has decided President Donald Trump exceeded his authority by using the International Emergency Economic Powers Act to levy tariffs on imported goods. +
Citing progress toward a deal, President Donald Trump has rescinded his threat to punish eight European nations with a 10% tariff for opposing his efforts to acquire Greenland. +
President Donald Trump will levy 10% tariffs on imported vehicles and other goods from eight European nations opposed to his efforts to acquire Greenland. +
Tesla sold 418,227 new EVs in Q4, down 15% year-over-year, finishing 2025 with sales of 1.6 million new units, an 8.1% decrease from 2024 and less than half the global tally of China’s BYD. +
President Donald Trump has signed “Ensuring a National Policy Framework for Artificial Intelligence,” a new executive order that forbids individual states from regulating AI. +
The Federal Reserve Board has reduced its target lending rate by one-quarter of a point for the second time this year, with a third cut planned for December, Chairman Jerome Powell announced. +
GM tells Bloomberg the factory will replace the expired $7,500 federal EV tax credit with $6,000 in “lease support” cash following unrelated reports of a similar move at Stellantis. +
