American multinational carmaker
E. Jean Carroll has asked a federal judge to require Donald Trump to pay the roughly $5.8 million that a 2023 jury awarded after finding him liable for sexual abuse and defamation. Carroll's lawyers have filed for immediate disbursement after the Supreme Court declined to hear Trump's appeal; Judge Lewis Kaplan has given Trump's team until July 7 to respond.
Chips used in AI data centers are squeezing memory supply and driving up RAM costs, impacting smartphones, laptops, and other devices. The trend is shifting production toward high-bandwidth memory, reducing capacity for consumer chips and pressuring prices across the tech sector.
Ford has disclosed plans for a midsize electric pickup aimed at around $30,000, targeting 2027 delivery. The truck will use a universal EV platform, feature a front trunk, and promise lower ownership costs than older Teslas. Ford’s production will leverage a new “assembly tree” approach to simplify manufacturing and reduce parts. Competition tightens as BYD and others push lower-priced EVs.
Ford and Aramark are reviewing kiosk payments after workers wrongly branded as snack thieves led to terminations. Several cases have emerged at Ford plants, with employees reinstated in some instances after payment glitches are cited. Ford and Aramark say they are examining limited kiosk issues.
Automakers are expanding vehicle-to-home and vehicle-to-grid capabilities. Ford’s F-150 systems are connecting EVs to home meters for backup power, while Kia, Tesla and GM are pursuing similar energy services as grid demand grows and EV sales slow.
A bipartisan Senate bill would bar the sale of connected vehicles by automakers that are more than 15% owned by Chinese entities, potentially affecting Mercedes-Benz, which has substantial Chinese ownership. The proposal has emerged in an ongoing policy debate about national security and supply-chain resilience.
US jobless claims have fallen to a record low, highlighting a tight labor market. Yet NILF (not in labor force) trends show millions leaving the workforce, with experts warning of a broader participation shift. The data suggest ongoing divergence between firing rates and hiring activity, with implications for policy and growth.
Ford and Geely have unveiled a two-thirds/one-third joint venture to build five vehicles at Ford’s Valencia plant in Spain, starting 2028. The deal seeks to reassert Ford’s presence in Europe amid rising Chinese competition, cost pressures, and tightening regulations. Production of the Kuga PHEV will continue; two Geely electric SUVs will be built; a new multi-energy crossover is planned for 2028. The move signals broader global partnerships as U.S. policy tightens access for Chinese firms.
The US has imposed new 10%–12.5% tariffs on imports from 60 trading partners, saying they have not effectively enforced bans on goods produced with forced labour. The levies replace expiring temporary duties and include product exemptions, while trading partners from Brazil to Australia have criticised the move and markets have reacted with caution.
Slate’s electric pickup has impressed a tester with its balanced chassis, strong on-road feel, and surprising efficiency. Despite a modest power figure, the truck shows promise in daily driving and highlights a new, more affordable EV approach.
A wave of Chinese automakers is expanding into Europe and the UK, challenging traditional premium brands. Zeekr, BYD and others are pursuing UK launches while major players like Geely, Volvo and Lucid push into premium segments. European and US automakers are restructuring to cope with China’s rising export power and shifting supply chains.
Donald Trump has been touring Michigan, arguing tariffs are boosting US industry while acknowledging price pressures. The visit highlights a tension between pro-business rhetoric and the everyday costs felt by voters as Michigan buckles under inflation and higher import taxes.
Zoox has received a temporary NHTSA exemption that allows it to charge fares for its purpose-built robotaxis and will start paid rides in Las Vegas on Aug. 10. The company can deploy up to 2,500 vehicles annually for two years under enhanced federal oversight while state and local approvals remain required for expansion.
A roundup of recent reports shows how debt, housing costs, and consumer spend patterns shape the US financial landscape. Redfin and Zillow data indicate ongoing affordability stress in housing, while consumer debt and money-management trends are highlighted by CNBC and independent outlets. The mix suggests a cautious, debt-aware economy.
London's TfL has licensed 15 private-hire autonomous vehicles with human supervision to begin trials later this summer, paving the way for robotaxis in the capital. Uber and Wayve say thousands are on the waiting list as regulators monitor safety and prepare for potential driverless trips.
July registrations hit a record for the month, driven by a surge in electrified vehicles. Pure battery electric cars rose by 44.5% year-on-year, while plug-in hybrids grew. Diesel and petrol registrations fell. Private and fleet buyers increased, and the industry warns that ongoing EV discounts are squeezing profits.
Ford has announced the Fathom, a sub-$30,000 electric pickup built on a new Universal EV Platform. Prototypes will start in early 2027 with deliveries later that year, as Ford pushes a cost-focused, vertically integrated approach to catch up with Chinese competitors and Tesla.
Global firms are increasingly turning to Chinese technology, AI, and battery suppliers as China deepens its role in global supply chains. Auto makers and tech majors are partnering with CATL, Baidu, Alibaba, and Xpeng, while Hong Kong is rising as a testing ground for AI models and data-center capacity. The shift signals a broader move from China as a manufacturing base to a source of advanced capabilities, even as US constraints persist.
Moove has raised $250 million in a Series C led by Mubadala, supporting its plan to scale autonomous-vehicle operations while continuing its human-driven fleet business. The funding values Moove at $2.1 billion and will fund depots, hiring, and expansion with Waymo partnerships.
Canada and the United States have resumed intensive talks to avert steep US tariffs that could take effect this week. Ottawa has offered concessions, including removing a retaliatory auto tariff, while Washington has pressed provinces to lift bans on US alcohol and pushed demands on market access and content rules for autos. Negotiators are still finalising details.
Waymo has expanded its Ojai robotaxi rollout, adding more U.S. markets and plans to accelerate fleet growth. The company is integrating its sixth‑generation self‑driving system with Zeekr’s Ojai platform, aiming to reduce cost and improve safety as deployments accelerate globally.
A digest of recent car industry moves: Rivian adds captain’s chairs in updated models; Ford explores new sub-$30k entry crossovers and a cheaper four-door pickup; 2026 cancellations signal potential discounts; rear-camera glitches prompt safety concerns; Mazda explores a new EV-based 6e with long range.
Vandals defaced the World War II Memorial with foam, red and green paint and the message “Clean hands Dirty $.” Melissa Farris has been charged with depredation of U.S. property and destruction of veterans’ memorials. The case follows related incidents at the Lincoln Memorial Reflecting Pool, with President Trump and U.S. officials weighing in.
Genesis unveils the GV90, its first full-size electric SUV, signaling a bold push into premium markets. The Neolun variant with coach doors and a lounge-like cabin showcases high-end features as Genesis outlines its three pillars—luxury, performance and hospitality—while signaling a broader portfolio development.
Max Verstappen has extended his Red Bull contract to 2030 as Formula 1 implements new engine regulations. The move follows months of speculation about his future and reflects a commitment to the team despite dissatisfaction with the sport’s energy-management rules.
Chinese regulators have announced recalls affecting more than 4 million vehicles after finding hidden, electronically operated door handles can become difficult to open after severe collisions. Tesla accounts for about 2.98 million cars; Xiaomi, Leapmotor, Xpeng and Geely have also issued recalls. Automakers will add warning labels and push software updates to improve emergency egress and driver monitoring.
Canada has matched the United States’ 50% tariffs on a broad range of goods, escalating a tense trade war. Ottawa says it will apply counter-tariffs across sectors including steel, dairy, appliances and electronics, while promising support for affected businesses as talks stall. The row centers on autos, housing materials and consumer items, with markets reacting to the broader clash over sovereignty and trade rules.
A police pursuit has led to fatal crashes in Stratford-upon-Avon, Warwickshire, and Dunstable, Bedfordshire. In Warwickshire, a 62-year-old woman driving a Ford Puma died after colliding with a pursued Audi A3; the Audi driver, a 19-year-old man, died at the scene. In Dunstable, a separate collision after a pursuit killed the driver, a 41-year-old man. The IOPC has launched investigations into both incidents.
The United States has imposed 50% tariffs on roughly $20bn of Canadian goods and has threatened 50% duties on vehicles from January 2027. Canada has unveiled dollar‑for‑dollar retaliatory tariffs on C$27.6bn of U.S. imports, taking effect 8 September, and has pledged more than C$7bn in support for affected firms and workers.
Canada faces a rapid escalation in a tariff dispute after Trump has pressed for tougher measures against Ottawa, while Canada’s Carney government is coordinating a dollar-for-dollar retort. Canadians report growing boycotts of American goods, and social media shows broad public anger over the spat.
Tesla has revealed European specifications for the Semi, announcing a 342-mile range, 800 kW Megacharger support, and 1,073 bhp from three rear motors. BYD and others unveil competing electric trucks across 3.5–44 tonnes, highlighting chargers and efficiency as the race for long-haul electrification accelerates.
Automakers including Hyundai, Genesis, Ram, Jeep, Ford and Scout Motors are pursuing extended-range electric vehicles (EREVs) by 2028, aiming to blend electric driving with gasoline range for long trips amid high fuel costs. Toyota's plug-in RAV4 and Hyundai’s Santa Fe EREV illustrate growing plug-in and hybrid options, while comparisons show RAV4 Plug-in leading in range and efficiency versus the Tucson Plug-in Hybrid.
A wave of robotics and AI upgrades is reshaping manufacturing. Startups like Vsim and Maven are pushing faster simulations and end-to-end automation, while established players such as Agility, Nissan and Caterpillar detail how humanoids and AMRs are being deployed to lift heavy loads, optimize flows and reduce human labor in factories.
Transportation Secretary Sean Duffy has raised national-security concerns about Ford’s ties to Chinese battery tech and plans with Geely in Spain, prompting political and regulatory scrutiny. Ford defends its approach, while lawmakers press for clarity on independence from Chinese tech.
An Amazon Air cargo flight overshot the runway at Miami International Airport, striking vehicles and causing multiple fatalities. Investigators have recovered flight records and are examining weather, speed, and crew actions. Two runways remain closed as the response and probe continue.
Major moves in autonomous mobility involve Bolt and Lucid, May Mobility, and Lyft-Waymo partnerships, with deals aimed at scaling fleets, public listings, and international expansion.
Ford and GM are expanding gasoline and V-8 options for 2027 pickups while trimming some features to cut prices. Ford adds a towing-capable BlueCruise on the F-150; GM rolls out new Small Block V-8s and a refreshed Silverado/Sierra lineup. The shift comes as regulators and markets weigh the future of electrification against demand for traditional powertrains.
Warren Buffett has stepped down as chairman of Berkshire Hathaway and has become chairman emeritus, remaining on the board. His son, Howard Buffett, has become non-executive chairman while Greg Abel continues as chief executive. The move completes a long‑planned succession more than nine months after Buffett handed the CEO role to Abel.
Tesla has officially opened high-volume production of the Semi in Sparks, Nevada, with a plan to build up to 50,000 trucks a year. The event showcases new design changes, a charging network, and cost considerations as diesel prices rise and fleets eye emissions reductions. CEO Elon Musk is attending a state dinner abroad, while executives highlight lowered battery weight and improved efficiency.
Trump has announced new fuel-economy standards, reversing Biden-era rules intended to spur electric-vehicle adoption. The move reduces the fleetwide target, with specifics still to be released. Analysts say the change could reshape automaker strategy and consumer costs. The details remain forthcoming.
Factory AI and Cognition remain at odds over confidential information and board-level conflicts. Vinod Khosla has publicly criticized Factory while investors debate the implications for valuations and competitive dynamics in AI coding tools.
Ford has announced that vehicles built on its upcoming Universal Electric Vehicle platform will verify internal connections using onboard computers, a shift from traditional off-line inspections. External factory cameras remain, but internal verification will happen after power-up, guiding workers in real-time. The move accompanies broader efficiency gains, including a streamlined assembly tree for the Fathom EV.
The World Rally Championship title race heads to Sardinia as Elfyn Evans holds a 17-point lead into the season-ending Rally Italia Sardegna. Solberg and Pajari remain in pursuit as weather and gravel conditions threaten the road ahead; a victory or strategic performance is required for Evans to secure Britain’s third WRC title.
Verstappen has claimed pole position for the Singapore Grand Prix sprint after a weather-affected, incident-packed qualifying session. Leclerc and Hamilton finish close behind, with Russell facing penalties that could shape Sunday’s race. Several front-runners struggle on the final runs as track conditions vary.