Ford has followed General Motors by unwinding a program intended to claim expiring $7,500 federal EV tax credits for future customers under pressure from U.S. Sen. Bernie Moreno. +
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. +
Toyota, Hyundai and Ford lead in year-over-year gains in Automotive News’s Q3 and September sales reports, which show a boom for electrified units and welcome news for Stellantis dealers. +
BMW, Ford and Stellantis have recalled a total of nearly 500,000 U.S.-sold units over the past two weeks, including 200,000 BMWs that may be susceptible to engine fires and must be parked outdoors. +
Tariffs on vehicles imported from Japan are now set at 15% as a part of an agreement that AAPC chief Matt Blunt calls a “bad deal” for U.S. factories that build vehicles in Canada and Mexico. +
Automotive News reports automakers eager to adopt a direct sales model in European markets have abandoned those plans as obstacles — including dealer opposition — have proven insurmountable. +
Automotive News reports new vehicle sales improved for Ford, Hyundai and Kia and fell by double digits for Mazda in May, dropping the SAAR below 16 million as factories scaled back incentives. +
Less than a week after more than 1 million Ford and Lincoln vehicles were recalled due to the risk of malfunctioning rearview camera displays, Nissan and Stellantis separately reported similar issues. +
Volkswagen will not raise U.S. new vehicle prices through at least the end of May, joining a group of manufacturers who have announced discounts and freezes as tariffs on imported vehicles take effect. +
Stellantis will offer U.S. buyers a choice between April incentives and an employee discount through the end of the month. Hyundai and Genesis prices are frozen for the next 60 days. +
