President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.
Plus, Scout issues a stern warning to VW dealers about direct sales, and the VW-Rivian bromance is heating up.
State Democrats revised a statement that originally asserted incorrectly that "factories (are) already idling because of Trump’s presidency."
GM’s Factory Zero did not shut down because of any executive orders signed by Donald Trump, according to a GM spokesperson.
Deutsche Bank analyst Edison Yu raised his rating on GM stock to Buy from Hold, and lifted his price target to $60 from $56.
President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his second presidential term signals his intent to undo much of his predecessor's legacy when it comes to electric vehicle promotion.
Donald Trump’s tariff threats stand to hurt American economic interests because they would disturb automotive supply chains where the US is strong and drive up consumer prices, said the head of General Motors Co.
President Donald Trump has signed an executive order promising to eliminate what he incorrectly labels “the electric vehicle mandate” imposed under former President Joe Biden.
Once Donald Trump swears in on Jan. 20, he will receive the Presidential state car, a custom Cadillac nicknamed "The Beast".
Stellantis’ chairman detailed several plans for U.S. investments when meeting with President Donald Trump before his Monday inauguration.
Hyundai, which with affiliate Kia is the world's third-biggest automaker by sales, on Thursday forecast 2025 revenue growth of 3.0% to 4.0%, versus 7.7% a year earlier. It expects an operating margin of 7.0% to 8.0%, from 8.1% in 2024.
Ford Motor Co. and General Motors Co. each donated $1 million and fleets of vehicles to President Donald Trump’s inauguration.  It might not have been enough for a president that craves cash and adoration.