General Motors electric vehicles, including those made with Honda, are under a high-level safety investigation by the US regulator NHTSA due to brake system failures. Over 1 million vehicles, including some non-EVs like Chevy Colorado and Buick models, may be affected. The investigation started in April 2024 after reports of brake issues in 2023 Cadillac Lyriq models, with complaints of sudden loss of brake assist that could increase crash risk. NHTSA is analyzing GM's electronic brake system, eBoost, which replaces mechanical brake links with electronic controls, before potentially ordering a recall.
President Trump's threat to impose a 50% tariff on Canadian autos and auto parts starting January 1, 2027, is viewed by UBS analysts as a negotiating tactic rather than a firm policy. The tariff threat follows stalled US-Canada trade talks, with larg...
Tesla's key growth driver is its Full Self-Driving (FSD) software, which now attaches to 55% of Q2 North American deliveries and has nearly 1.5 million paid subscribers globally. Despite record vehicle deliveries and revenue growth, Tesla's operating...
President Trump announced a 50% tariff on Canadian vehicles and auto parts effective January 1, 2027, causing Ford and Stellantis shares to drop 4%, and General Motors to fall 2%. The tariffs follow failed US-Canada trade talks and aim to address a $...
