On May 6, Rivian announced results from the first quarter of 2025. In Q1 2025, Rivian produced 14,611 and delivered 8,640 vehicles from its manufacturing facility in Normal, Illinois.
   • Total automotive revenues Q1 2025 were USD 922 million compared to USD 1.1 billion in the same period in 2024, driven in part by

On May 6, U.S. President Donald Trump, during a meeting at the White House with Canadian Prime Minister Mark Carney, announced a shift in approach to international trade negotiations. Trump indicated that he would dictate tariff levels and trade concessions for countries seeking to avoid higher duties, a departure fr

As of May 2, Ford Motor Co. has been increasing dealer prices on its Mexico-built vehicles by as much as USD 2,000, becoming one of the first OEMs to announce a price hike because of tariffs.
Changes on dealer invoices that became effective on May 2 for the Maverick pickup, Bronco Sport SUV and Mustang Mach-E electri

On May 7, Volvo Cars said it will make production changes and cut 5% of the workforce at its U.S. plant due to changing market conditions and evolving trade policies, including tariffs.
A Volvo spokesperson said the changes would affect 125 of the 2,500 employees at its plant in Ridgeville, South Carolina. It was not

On May 5, Jeep unveiled the redesigned next-gen Compass SUV in Europe, but while European customers are able to order one now, with deliveries set for later this year, Stellantis remains unclear when or if the crossover will eventually be offered in North America. 
The original plan was to build the next-generation C

On May 5, Ford reported that its Q1 2025 revenue declined 5.0% YoY to USD 40.7 billion, its adjusted EBIT plunged 63.1% to USD 1,019 million, and its net profit declined 64.6% to USD 471 million.
Ford said tariffs impacted EBIT by USD 200 million in Q1, and because of tariff uncertainty, it will suspend its financial

On May 5, Rivian Automotive announced it is investing nearly USD 120 million to construct a supplier park in Normal, Illinois near its EV manufacturing plant, which is already underway and expected to be completed in 2026. 
Co-locating key suppliers in Normal is expected to benefit Rivian operations by reducing impor

On May 2, General Motors announced it will cut a shift at its truck plant in Oshawa, Ontario, this fall in response to President Donald Trump's trade war with Canada. Trump enacted a general 25% tariff on Canadian imports, with some exceptions. Canada followed with a 25% countertariff as well.
Oshawa Assembly plant b

On April 29, after issuing the company’s Q1 2025, GM CEO Mary Barra said the company’s new guidance following the White House’s announcements on tariffs anticipates EBIT being in the range of USD 10-12.5 billion in 2025, rather than the previously forecast USD 13.7-15.7 billion, to take into account USD 4 billion to

On April 30, the U.S. House of Representatives voted to rescind the Environmental Protection Agency’s 2023 approval of California’s plans to require a rising number of zero-emission heavy-duty trucks.
The House also voted to repeal an EPA waiver issued in December 2024 under former President Joe Biden for California’

On May 1, Mercedes-Benz announced plans to build another model at its U.S. plant in Tuscaloosa, Alabama in response to U.S. import tariffs.
In a statement, the company said that it will shift assembly of a mid-range “Core” segment vehicle, tailored to U.S. customers, to its Alabama factory by 2027. The "Core" segment

Gentex, announced that while Q1 2025 net sales of USD 576.8 million were down 2.3%, net income for the first quarter of 2025 was down 12.3% to USD 94.9 million.
Gentex said that as a result of the current and expected tariff escalation in the China market, it has pro-actively halted production of interior and exterio

On April 30, Stellantis reported Q1 2025 financial and shipment results, with net revenue down 14.1% to EUR 35.8 billion, mainly due to lower sales, regional mix changes, and unfavorable price adjustments. 
In Q1, shipments fell by 8.8% YoY to 1.2 million with extended production downtime in North America and lower L

On April 30, the German Association of the Automotive Industry (VDA) president Hildegard Müller reacted to the U.S. government's recent steps toward easing trade burdens on the automotive sector. Müller said that the measures fall far short of what’s needed, offering only minor relief and applying to a limited set of

On April 29, President Donald Trump spoke at a rally in Warren, Michigan to celebrate his first 100 days. He reiterated some of the content in executive orders he signed earlier in the day.  "I've just signed an executive order to give partial tariff rebates to any company that assembles its cars right here in the U.

On April 24, U.S. Transportation Secretary Sean P. Duffy unveiled the National Highway Traffic Safety Administration’s (NHTSA) new Automated Vehicle (AV) Framework as part of his transportation innovation agenda. The new framework will unleash American ingenuity, maintain key safety standards, and prevent a harmful p

On April 29, U.S. President Trump issued an executive order bringing greater clarity to his many tariff pronouncements to date, specifically to avoid a situation of stacking, where more than one tariff may seem to apply.
Tariffs on finished automobiles, Proclamation 10908 of March 26, 2025 (Adjusting Imports of Autom

On April 28, Porsche AG has revised its 2025 outlook mainly due to adjusting its global supply strategy due to growing geopolitical challenges. This is especially in China, where weak demand for electric luxury cars is expected to impact 2025 performance. New US import tariffs will hurt sales in April and May 2025, a