Ford issues record 103 safety recalls in 2025 with four months still remaining in the year
Kelly Blue Book reports Ford Motor Company issued the most safety recalls among automakers in 2025 with over 103 alerts, surpassing previous records.
Jamie Dimon warns of 'cockroaches' in US economy as credit concerns grow
JPMorgan Chase CEO Jamie Dimon warned of credit risks lurking in the economy, comparing them to cockroaches after failures of Tricolor and First Brands.
Ford recalls nearly 625K vehicles for seatbelt, camera display issues
The National Highway Traffic Safety Administration announces Ford recalls affecting 332,778 Mustang vehicles and 291,901 Super Duty trucks for safety defects.
Worries about credit deterioration arise after Jamie Dimon’s comments
RBC Capital Markets managing director Gerard Cassidy reacts to Jamie Dimon’s ‘cockroach’ theory about recent auto bankruptcy on ‘The Claman Countdown.’
Stellantis unveils massive $13B US investment plan
Automaker Stellantis plans $13 billion domestic manufacturing investment to counter President Donald Trump's tariffs that could cost the company $1.7 billion annually.
Ford temporarily cuts production at Kentucky truck plant after fire erupts at supplier
A fire at aluminum supplier Novelis forces Ford to pause production of three-row SUVs at Kentucky Truck Plant, affecting Expedition and Lincoln Navigator manufacturing.
GM takes $1.6B financial hit as EV tax credit changes force strategy overhaul
GM announced a $1.6 billion third-quarter charge as it revamps its electric vehicle strategy following the end of federal EV tax credits under the Trump administration.
US car prices reach new high as luxury vehicle, EV sales surge nationwide
New vehicle prices hit a record $50,000 average in September, marking a 3.6% year-over-year increase and the largest annual gain since spring 2023.
GM announces upcoming return of Chevy Bolt
Chevrolet Bolt EV returns as a limited run model in 2027 with Tesla charging standard after GM ended production in 2023 due to battery fire issues.
Tesla under federal investigation over self-driving cars allegedly breaking traffic laws
Tesla faces a federal investigation by the NHTSA over Full Self-Driving software that allegedly caused six crashes and four injuries through traffic violations.
Major automaker recalls over 135K vehicles due to fire risk
NHTSA warns that 135,000 Hyundai Santa Fe SUVs have faulty starter motor covers that may short circuit in crashes, increasing fire risk for drivers.
America's top-selling vehicle faces production hit after fire at supplier facility, analyst says
Novelis aluminum plant fire forces Ford F-150 production adjustments as the key supplier won't resume full operations until the first quarter of fiscal 2026.
Tesla unveils lower-cost versions of Model Y, Model 3 vehicles
Electric-vehicle maker Tesla unveiled a cheaper Model Y SUV at $39,990 and Model 3 sedan at $36,990 following record third-quarter deliveries and expiring tax credits.
Toyota recalls nearly 394,000 vehicles over rearview camera issue
NHTSA announces Toyota recall of 394,000 vehicles after software error causes rearview camera displays to fail when cars are placed in reverse.
Tesla teases Tuesday announcement with social media videos
Tesla posted teaser videos on social media suggesting a major announcement on Oct. 7, with analysts speculating about the launch of a lower-cost Model Y.
BMW issues second recall over defects linked to fire risk, bringing total affected vehicles to over 341,000
The NHTSA warns BMW owners of fire risk due to overheating starters that could ignite engine materials, with free repairs available for affected vehicles.
New car down payments hit 4-year low as buyers struggle with affordability challenges
Down payments for new vehicles dropped to a nearly four-year low, but car shoppers still struggle with affordability as high monthly payments persist, Edmunds reported.
BMW recalls nearly 200K vehicles due to fire risk, says owners should park outside
Nearly 200,000 BMW owners from model years 2019-22 are advised to park outside due to fire risk from corroded engine starter relays that may overheat.
Newsom says GM's Mary Barra 'sold us out' on electric vehicle policies and federal subsidies
Governor Gavin Newsom slammed General Motors and CEO Mary Barra over federal electric vehicle subsidy cuts, saying the company sold out California's EV progress.
Trump admin considers government stake in lithium mining company
Lithium Americas' stock nearly doubled Wednesday after reports the Trump administration is seeking a less than 10% stake in the firm while renegotiating a $2.26 billion loan.