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GM profits drop 58% in Q3 amid tariffs, EV expenses
d EV production changes. Net revenue fell 0.3% to USD 48.6 billion in Q3 2025, while operating income dropped 70.5% to USD 1.1billion, EBIT-adjusted fell 18.0% to USD 3.4 billion, and net income fell 56.6% to USD 1.3 billion. In Q3, GM delivered 1.56 million vehicles globally, up 5.9% from Q3 2024. North American deliveries were up 5.9% to 837 thousand, while Soth American deliveries were down 2.7% to 107 thousand, and Asia/Pacific, Middle East a...
News Updated at: 2025/10/24
Subaru’s new 2026 Solterra EV launches in U.S. with 288-mile range, NACS port
Subaru’s new 2026 Solterra EV launches in U.S. with 288-mile range, NACS port On October 22, Subaru of America announced that owners of all-new 2026 Solterra EV, now available at all U.S. dealers, have easier access to more than 25,000 Tesla Superchargers across North America. While the 2026 Solterra EV is equipped with the North American Charging Standard (NACS) port, this fall, owners of 2023-2025 Solterra models can also purchase a Genuine...
News Updated at: 2025/10/24
Toyota launches electric 2026 bZ in U.S. with upgraded features
Toyota launches electric 2026 bZ in U.S. with upgraded features On October 22, Toyota Motor North America (TMNA) announced several initiatives that aim to benefit 2026 Toyota bZ electric vehicle drivers as the model begins arriving at dealers nationwide in October. In addition to a host of performance and range improvements, bZ drivers will also be able to enjoy access to an expanded network of DC fast chargers on networks like IONNA, Chargepoi...
News Updated at: 2025/10/23
Tata Technologies and Synopsys announce collaboration for software-defined vehicle development
f electronics digital twins (eDTs) for automotive OEMs. In a recent pilot, Tata Technologies and Synopsys delivered a blueprint for migrating to next-generation electronics and electrical architecture for a European luxury car manufacturer. The joint initiatives are also underway with other OEMs in North America, Europe, and India. Its key collaboration areas include enablement of virtual prototyping, simulation models for early software testing,...
News Updated at: 2025/10/22
Mexico becomes leading EV exporter to the U.S. in 2024
eport by EvolvX, indicates that Mexico doubled its domestic EV production to 220,000 units, surpassing Japan and South Korea, which traditionally exported around 135,000 units each to the U.S. Rebeca González, co-founder of Latam Mobility, stated that Mexico’s rise reflects its strategic role in North America’s clean mobility supply chain, driven by competitive manufacturing, skilled labor, and an expanding charging infrastructure. EvolvX no...
News Updated at: 2025/10/21
Lyft opens second North American tech hub in Toronto, Canada
Lyft opens second North American tech hub in Toronto, Canada On October 16, Lyft announced the expansion of its global office footprint with a new, dedicated office in Toronto, opening in the second half of 2026, strengthening its commitment to the Greater Toronto Area (GTA) and the Canadian market. Located in the downtown financial core, the new office will be the eventual homebase for several hundred team members, as Toronto becomes Lyft’s ...
News Updated at: 2025/10/21
Toyota North America launches enhanced Toyota Audio Multimedia system
Toyota North America launches enhanced Toyota Audio Multimedia system On October 13, Toyota announced an enhanced version of the Toyota Audio Multimedia system that make its debut in the all-new 2026 RAV4, before rolling out to future models in the Toyota lineup. The Toyota Motor North America (TMNA) R&D and Connected Technologies team partnered with designers and software engineers at Toyota Connected North America (TCNA) to create this enhanced...
News Updated at: 2025/10/18
Volvo Group sees North American trucking slump through 2026 amid tariffs
Volvo Group sees North American trucking slump through 2026 amid tariffs On October 17, upon releasing its Q3 2025 results, the Volvo Group said that in Q3, its net sales had increased in Europe, while more difficult market conditions in North America and South America impacted sales negatively. Volvo said it expects trucking demand in North America to remain under pressure into 2026, as weak freight activity and President Trump's tariffs weigh o...
News Updated at: 2025/10/18
South Korea’s IL Cellion doubles logo lamp production capacity at Cheonan Plant
South Korea’s IL Cellion doubles logo lamp production capacity at Cheonan Plant Several South Korean media sources reported that IL Cellion in South Korea doubled its production capacity of logo lamps at its smart factory in Cheonan-si, Chungcheongnam-do. IL Cellion supplies system LEDs, logo lamps, and interior lamps to automakers in Europe and North America. The company expanded production to meet the growing orders from European automakers. ...
News Updated at: 2025/10/16
Toyota Alabama starts differential production after USD 282 million investment
The new production lines and additional 350 jobs are the result of a USD 282 million investment announced in 2024 and Toyota’s commitment to reinvesting profits in its U.S. operations. In addition to differentials, Toyota Alabama supplies engines for seven of the nine Toyota vehicles assembled in North America, accounting for nearly half of all engines assembled in the region. In 2024, the plant’s team assembled more than 895,000 engines. Wit...
News Updated at: 2025/10/16
Honda announces additional investment in Helm.ai, US for next-generation AD/ADAS
da will speed up development of next-generation ADAS, which will provide high-level driver assistance, including vehicle operations such as acceleration and steering, throughout the entire route to the destination, on all roads. Honda will apply this next-generation ADAS to key EV and HEV models in North America and Japan by 2027. Helm.ai has collaborated with Honda since 2019. After Honda’s 2022 investment, the two companies partnered to devel...
News Updated at: 2025/10/15
Michelin cuts 2025 outlook
Michelin cuts 2025 outlook Michelin has adjusted its outlook for 2025 ahead of the Q3/2025 sales release planned on October 22, 2025, citing a tougher operating backdrop than expected in July 2025. The company achieved year-on-year volume growth in most regions in Q3, except in North America, where sales declined by nearly 10%, driven by lower demand from OEMs in truck and agriculture, sluggish truck replacement sales, and B2C headwinds. It now a...
News Updated at: 2025/10/15
Mitsubishi to expand North America product line with second new model
Mitsubishi to expand North America product line with second new model On October 14, supporting an earlier announcement on May 7 that Mitsubishi Motors North America, Inc. (MMNA) will bring an all-new battery-electric vehicle (BEV) to the North American market, the company today confirmed an additional vehicle, an off-road-focused variant of the Outlander SUV, will also join the lineup in the company’s fiscal year 2026, which runs April 1, 2026...
News Updated at: 2025/10/15
Envalior, Germany, to showcase innovative materials for e-mobility at Battery Show North America
Envalior, Germany, to showcase innovative materials for e-mobility at Battery Show North America On October 6, Envalior announced that it is showcasing next-generation solutions, from high-voltage connectors and lightweight battery housings to thermal runaway prevention, at The Battery Show North America. It announced the debut of Pocan BFN4232ZHR S1, a next-generation PBT grade. It helps prevent silver migration and electrical stress, two major ...
News Updated at: 2025/10/13
Stellantis Q3 2025 global shipments up 13.2% to 1.3 million units
Stellantis Q3 2025 global shipments up 13.2% to 1.3 million units On October 10, Stellantis released its consolidated shipment estimates of 1.3 million vehicles delivered to dealers globally in Q3 2025, a 13.2% increase from the same period in 2024, mostly driven by North America. Among the regions in Q3 2025: • North America shipments were up 34.8% to 403,000 units • Europe shipments were up 7.7% to 534,000 units ...
News Updated at: 2025/10/11
Linamar to acquire Aludyne’s North American assets for USD 300 million
Linamar to acquire Aludyne’s North American assets for USD 300 million On October 9, Canada’s Linamar Corporation announced that it has entered into a definitive agreement to acquire select assets of Aludyne Incorporated’s North American operations. Southfield, Michigan-based Aludyne is a Tier 1 automotive supplier specializing in lightweight aluminum chassis and structural technologies. The transaction, valued at USD 300 million, is expe...
News Updated at: 2025/10/11
Lyft announces strategic partnership with Tensor Robocars for 2027 rollout
talled by the vehicle manufacturer. Lyft is preparing the necessary infrastructure and technology, with the goal to launch the first “Lyft-ready” market in 2027. Lyft, through its affiliates, has already reserved hundreds of Tensor Robocars to purchase for its own fleet operations in Europe and North America, subject to regulatory approvals. Founded in Silicon Valley in 2016, Tensor recently unveiled what is the world's first personal Robocar...
News Updated at: 2025/10/10
Daimler Truck sales down 15% in Q3 2025
Daimler Truck sales down 15% in Q3 2025 On October 8, Daimler Truck Group announced it sold 98,009 trucks and buses in Q3 2025, i.e. down by 15% YoY compared to 114,917 units in Q3 2024. Of that amount, BEV truck sales increased by 175% YoY to 1,833 units in Q3 2025, compared to 666 units in Q3 2024. Daimler Trucks North America segment accounted for 30,225 units in the Group’s total sales, down by 39% YoY from 49,346 in Q3 2024. Mercedes-Benz...
News Updated at: 2025/10/09
Trump’s DOE proposes cutting billions in grants for automotive OEMs and startups
rt the shuttered Belvidere Assembly Plant in Illinois to make midsize EV pickups, and USD 250 million for Stellantis to convert its Indiana Transmission Plant in Kokomo to produce EV components. Other companies slated to lose grants worth hundreds of millions of dollars include Ford, Daimler Trucks North America, Mercedes-Benz Vans, Harley-Davidson, Robert Bosch, Dow Chemical and Volvo Technology of America. One award that topped USD 100 million ...
News Updated at: 2025/10/09
Novelis plant fire in Oswego, New York to affect aluminum sheet supply into 2026
a’s Hindalco, is "working around the clock" to restore the hot mill, but also too has " activated Novelis’ global network of plants and are also partnering with industry peers to source material in order to help mitigate the gap in supply." Novelis’s other customers, including Hyundai Motor North America, Nissan, Toyota, Stellantis, Volkswagen Group, have not yet reported any disruptions. (multiple sources on October 7, 2025)...
News Updated at: 2025/10/09
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