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Weekly roundup: Trump’s tariffs, Bernie Moreno’s Transportation Freedom Act, Stellantis’ 70%...
Earlier this week: Trump will enforce 25% tariffs on Canada and Mexico and 20% on China starting March 4. Sen. Bernie Moreno's Transportation Freedom...
Tesla stock plunges amid disappointing software update and market uncertainty
Tesla shares dropped more than 8% on Tuesday, wiping out most of the stock’s gains following Donald Trump’s presidential victory. The decline pushed Tesla’s...
NHTSA cuts 4% of workforce amid ongoing Tesla investigations
The National Highway Traffic Safety Administration (NHTSA) confirmed Monday that it has reduced its workforce by 4% as part of broader federal efforts to...
Weekly roundup: Asbury expands, Trump’s auto tariffs, Ford delays F-150
Earlier this week: Asbury Automotive acquired 33 dealerships from Herb Chambers Companies. Trump targets auto imports with new tariffs by April. Ford delays next-gen...
Weekly roundup: Trump imposes reciprocal tariffs, GM, Ford prepare for incoming...
Earlier this week: President Trump imposed reciprocal tariffs and eliminated steel and aluminum tariff exclusions. General Motors and Ford prepare for the impact of Trump's...
Trump administration cleared to implement buyout program for federal employees
On Wednesday, U.S. District Judge George O'Toole ruled in favor of the Trump administration's Deferred Resignation Program, allowing tens of thousands of federal employees...
Tesla’s California sales decline as EV market expands
Tesla's sales in California fell sharply in 2024, marking its first annual decline in the state as competition intensifies.
According to the California New...
Weekly roundup: CDK Global settles for $630M, Trump seeks to pause...
Earlier this week: CDK Global settled antitrust claims for $630 million amid data access disputes. The Trump administration seeks a Supreme Court review of...
Duffy reviews fuel economy standards, Cadillac unveils Lyriq-V, Tesla faces Q4...
Top Stories
U.S. Transportation Secretary Duffy moves to reconsider fuel economy standards. Read More
GM launches high-performance Cadillac Lyric-V. Read More
Tesla preps for fourth-quarter earnings amidst...
Transportation secretary nominee Sean Duffy supports NHTSA investigations into Tesla
Sean Duffy, Donald Trump's pick to lead the U.S. Department of Transportation, will support the National Highway Traffic Safety Administration's (NHTSA) probes into Tesla's...