tldrdailynews.com logo
Tag

Automotive Industry

All articles tagged with #automotive industry

Sedan Comeback Gains Ground as Teens Favor Efficiency Over SUVs
business1 day ago

Sedan Comeback Gains Ground as Teens Favor Efficiency Over SUVs

Automakers are signaling a potential sedan revival as SUV fatigue grows. Sedans remain cheaper and more fuel-efficient than SUVs across compact and midsize segments, while a Teens Forward study shows 51% of teens expect to drive sedans in the future. Executives from Ford, GM, Honda and Infiniti hint at renewed sedan activity, arguing that the traditional car’s lower cost and driving engagement could reintroduce a viable, appealing option in a market currently dominated by crossovers.

via Carscoops|
#automotive-industry#business#fuel-economy
Oil Crunch Forces Nissan to Gate Oil Supply and Pick Winners at The Dealerships
business2 days ago

Oil Crunch Forces Nissan to Gate Oil Supply and Pick Winners at The Dealerships

Nissan is reportedly rationing its Nissan-specific 5W-30 and 0W-20 synthetic oils, slash­ing dealership supplies to about 70% and 55% of last year’s levels, and instructing dealers to prioritize warranty, recall, and prepaid maintenance uses. Toyota faces similar substitution guidance, as base-oil shortages threaten broader supply chains; industry groups warn Gulf-region Group III base oils could run dry by June and the shortage could persist into 2027, risking new-vehicle production.

via Carscoops|
#automotive-industry#business#motor-oil
GM cuts hundreds of IT jobs worldwide in tech-organization reshuffle
business13 days ago

GM cuts hundreds of IT jobs worldwide in tech-organization reshuffle

General Motors is laying off 500-600 IT workers globally, including in Michigan, as part of a reorganization to align the IT function with new skill requirements and reduce overlap. GM previously cut about 200 CAD engineers at its Warren tech center in Oct 2025, and says affected employees will be supported during the transition; Bloomberg was the first to report the layoffs.

via Detroit Free Press|
#automotive-industry#business#general-motors
Trump to hike EU car tariffs to 25%, widening US-EU trade rift
world25 days ago

Trump to hike EU car tariffs to 25%, widening US-EU trade rift

President Trump said he will raise tariffs on cars and trucks imported from the EU to 25% next week, up from 15%, accusing the bloc of not complying with a fully agreed trade deal. He urged European carmakers to shift production to U.S. plants to avoid tariffs and highlighted heavy investment in U.S. manufacturing, signaling a sharp escalation in US-EU trade tensions amid stalled talks on steel and aluminum. The car tariffs operate under a different legal process than the previously ruled Liberation Day tariffs by the Supreme Court.

via BBC|
#automotive-industry#tariffs#trade-deal
Dreaming of a Peugeot Supercar: A QOTD Debate
technology26 days ago

Dreaming of a Peugeot Supercar: A QOTD Debate

A reader‑driven QOTD asks which automaker should build a new supercar, listing options from Bugatti and Lamborghini to Lucid, Toyota, Kia, GMC and Land Rover. The author personally hopes Peugeot brings a supercar, citing its endurance-racing pedigree (three Le Mans wins, 9X8) and past mid‑engine concepts (Quasar, Proxima, Oxia, Onyx) as precedent, and suggests the 9X8’s hybrid V6 could underpin a production model, inviting readers to share ideas.

via Jalopnik|
#automotive-industry#concept-car#le-mans
Nissan Unveils Four-Family, AI-Driven Lineup Strategy
business1 month ago

Nissan Unveils Four-Family, AI-Driven Lineup Strategy

Nissan unveiled a long-term plan to trim its lineup from 56 to 45 models by grouping cars into four families—Heartbeat, Core, Growth, and Partner—while protecting icons like the Z and GT-R. The strategy emphasizes shared platforms and AI across up to 90% of its lineup, focuses on the U.S., Japan, and China, and targets about 1 million U.S. vehicle sales annually by 2030, with upcoming entries like a next Xterra, the Skyline/Infiniti Q50, and potential partner models.

via The Drive|
#ai-in-vehicles#automotive-industry#business
Range-extended EVs: Western automakers test a bridge to full electrification
business1 month ago

Range-extended EVs: Western automakers test a bridge to full electrification

Western carmakers are weighing range-extended EVs—cars with a small generator to top up batteries—as a bridge to full electrics amid policy uncertainty and tariffs; Renault touts a model offering up to 1,400km with range extender, while China’s Leapmotor already sells such EVs in Europe; adoption remains limited (China ~9% of EVs, rest of world <1%), and critics warn it could delay pure EVs.

via Financial Times|
#automotive-industry#business#electric-vehicles
Record-High Auto Debt Follows Buyers into New Car Loans
us-news1 month ago

Record-High Auto Debt Follows Buyers into New Car Loans

A CNBC report citing J.D. Power and Edmunds shows a record level of underwater car debt, with 30.5% of trade-ins worth less than the loan, average negative equity $7,214 (Q4 2025), and 27% owing $10,000+. When financed into a new loan, the typical monthly payment jumps to about $916, while new-car prices rose to about $49,353 in February, up 30% since 2020.

via The Daily Beast|
#automotive-industry#debt#economy
Stellantis Stumbles on EV Push, Bets Big on Combustion Comeback
business2 months ago

Stellantis Stumbles on EV Push, Bets Big on Combustion Comeback

Stellantis reported a net loss of $26.3 billion for 2025, hit by about $29.9 billion in unusual charges tied to its costly EV push, with net revenues falling 2% to $180.8 billion. CEO Antonio Filosa said results reflect overestimating the energy transition and the need to reset around customers’ freedom to choose from electric, hybrid, and internal-combustion tech. As U.S. demand leans back toward gas-powered vehicles and Europe revisits diesel, Stellantis is pivoting toward combustion and hybrid offerings and expects a mid-single-digit revenue gain in 2026.

via Gizmodo|
#2025-loss#automotive-industry#business
Stellantis withholds 2025 U.S. profit checks as NA margins slip
business2 months ago

Stellantis withholds 2025 U.S. profit checks as NA margins slip

Stellantis says UAW-represented workers won’t receive a 2025 profit-sharing payout because North America operating margin missed the thresholds set in the 2023 labor agreement, marking the first such omission since 2011; Ford and GM are paying thousands to their workers for 2025, while Stellantis posted a -3.1% margin in North America for 2025 and historically paid up to about $14,760 in 2022 and $13,860 in 2023, with payouts tied to margin and hours worked. The company cites a challenging year and notes actions like reintroducing the Hemi V-8 to support 2026 results.

via The Detroit News|
#automotive-industry#business#north-america