Stellantis is in the news as it navigates the global EV shift amid industry cuts and market challenges, after forming in 2021 from PSA and FCA mergers.
Toyota plans to expand its electric vehicle lineup in the US, with new models and local production, as demand recovers from a recent decline. Meanwhile, Tesla struggles with falling sales and production-supply gaps amid industry-wide demand slowdown, focusing on autonomous robots and future mobility projects.
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.
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.