Big Three US automaker, Chrysler-Dodge-Jeep-Ram arm, North America subsidiary of Stellantis
Automakers have pulled several electric models from the U.S. market even as quarterly EV sales have risen. Q2 2026 U.S. consumer EV purchases have reached 247,226 vehicles, a sequential rise driven by higher fuel prices, new low-cost entrants and state rebates. Manufacturers and startups are responding with cheaper models, but many legacy brands have cancelled or delayed U.S. EV projects.
Stellantis has unveiled a plan to roll out nine new models under $40,000 by 2030, aiming to revive US volume and stabilize margins. The move includes new Ram, Dodge, and Jeep entries, alongside cost-cutting measures after heavy investments in electrification and a prior $26 billion annual loss.
Stellantis has announced a global recall affecting around 1.3 million Jeep Wrangler SUVs and Gladiator pickups from 2021–2025 amid an electrical wiring fault in the power-steering system that could overheat and cause fires. The company has identified 72 potential incidents, including one injury, and is urging owners to park outside until repairs are completed, with a fix expected by July.
Slate Auto has unveiled a bare‑bones two‑seat electric pickup with a $24,950 base price and a two‑row SUV conversion starting at $29,950. The company has raised the base EPA range estimate to about 205 miles, is taking preorders with a $300 deposit, and plans production to begin in late 2026 with direct online sales.
A Toronto court has found Frank Stronach, founder of Magna International, guilty on two counts of sexual assault related to incidents involving two complainants. The verdict follows a long trial covering allegations from the 1970s through the 1990s. Prosecutors say more charges remain pending and await sentencing.
Ford has rehired roughly 300–350 veteran engineers to correct defects that automated inspection and AI-driven tools failed to catch. Executives have said the specialists are auditing designs before parts reach factory floors, mentoring younger staff, and retraining AI systems; Ford has risen to the top mainstream spot in JD Power’s initial-quality study.
Federal and local probes have produced new findings and warnings about autonomous vehicles. The NTSB has reported that a Tesla driver manually overrode Full Self-Driving before a June crash that killed a 76‑year‑old in Katy, Texas. NHTSA has issued a directive demanding AV developers fix cases where driverless cars enter or block emergency scenes; Waymo and California regulators are under pressure over several incidents.
CNBC’s 2026 America’s Top States for Business quality-of-life rankings have drawn criticism from conservatives who say the methodology unfairly targets red states. Critics argue the list conflicts with population growth data and different state policy outcomes.