GM to pay $12.75M in California privacy settlement over selling driver data. GM: American auto giant, owns Chevrolet, Buick, GMC, Cadillac.
Slate Auto has unveiled a bare‑bones, two‑seat electric pickup starting at $24,950 and a two‑row SUV conversion from $29,950. Preorders have opened with $300 deposits; the base truck uses a 63 kWh LFP battery, rear‑wheel drive, about 205 miles EPA range, and production is scheduled to begin in late 2026.
Chinese automakers have accelerated global expansion in 2026, showcasing rapid advances in batteries, charging and autonomous tech at the Beijing Auto Show while exports have surged. BYD, Geely and CATL have rolled out ultra-fast charging batteries and chargers; Geely is exploring US production through Volvo; legacy automakers are reorganising to respond to the pressure.
Australians are increasingly switching to EVs due to rising fuel prices and improved charging infrastructure. Recent consumer shifts include orders for new models like the BYD Sealion, with concerns about range and charging easing. Industry updates highlight new vehicle launches and factory disruptions amid economic pressures.
As of April 2026, Tesla's Q1 vehicle deliveries fell 4% below analyst expectations, with a record inventory buildup signaling demand challenges. Volkswagen will cease US production of its ID.4 electric SUV, shifting focus to higher-volume models amid weak EV sales. Meanwhile, Australian demand for used EVs surges due to rising fuel prices, and Toyota plans to expand its US EV lineup despite recent market setbacks.
The Trump administration is engaging with General Motors, Ford, GE Aerospace, and Oshkosh to expand defense manufacturing. Discussions focus on producing components for weapons systems to replenish supplies depleted by recent conflicts, including the Iran war and support for Ukraine. No specific projects are currently being negotiated.
President Donald Trump has given the EU until 4 July to implement the Turnberry trade deal or the US will raise tariffs on EU cars and trucks from 15% toward 25%. He has said he spoke to European Commission president Ursula von der Leyen, set the deadline tied to US Independence Day, and warned of "much higher" duties if the bloc does not act.
Magna is embedding AI across its global supply chain to improve quality, maintenance, safety and efficiency, while Rivian outlines an expanded R2 family and a Georgia factory to scale production; Ford unveils a Long Beach EV development center amid leadership changes in its EV unit, and Toyota is pursuing a privacy-conscious data fabric in its Woven City project.
California has reached a civil settlement with General Motors over the sale of driver data collected via OnStar, with GM to pay $12.75 million and restrictions on data use. The case, announced by Attorney General Rob Bonta, centers on the sale of location and driving data to data brokers between 2020 and 2024. Court approval is required for the payout and accompanying limits.
Several firms have announced expansion plans and new measures that will accelerate commercial robotaxi rollouts. Mobileye has announced a 2027 U.S. launch with an initial 100-vehicle fleet and a five-year target of 17,000; Wayve and Uber are preparing a supervised London service in the coming months; Tesla and Waymo are expanding U.S. coverage; and new indices show Chinese robotaxi players are scaling faster than many expected.
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.
GM is expanding vehicle‑to‑grid capabilities and developing sodium‑ion batteries for grid storage, aiming to cut costs and support rising electricity demand driven by AI data centers. Pilots with PG&E and DTE Energy are underway, with Scale and timelines focused on energy storage rather than cars.
The SpaceX IPO has launched, commanding a multi-trillion-dollar market cap and drawing investor attention to AI-focused stocks like Anthropic and OpenAI. Analysts warn about overvaluation and the risk of market concentration as new supply floods the tech sector.
POLITICO, Independent, Business Insider UK and others report on RAISE US, a bipartisan nonprofit led by Gina Raimondo and Eric Holcomb. The group mobilizes $500m+ from tech firms to fund workforce programs, pilots in Arkansas, Maryland, Utah and Connecticut, and policy work to shield workers from AI disruption.
Automakers have announced strategic shifts as Chinese brands and US trade rules upend the sector. Volkswagen has proposed deep job cuts to cut costs, Jaguar Land Rover is adding hybrids and prioritising the US, and the Commerce Department has denied Polestar permission to sell new connected models in the US from 2027, pushing the brand to refocus on Europe.
Non-sponsor brands are driving engagement at this year’s World Cup, outpacing official sponsors in social media chatter as marketers pivot to real-time trends and creative campaigns across the U.S., Canada, and Mexico-hosted event.
Micron has reported blockbuster fiscal third-quarter results — $41.46bn revenue and $28.24bn net income — sending its share price above $1tn market value and reigniting demand for memory stocks. The surge reflects soaring AI data‑centre demand, long-term supply deals, and warnings from Apple that rising memory costs will force consumer price increases.