Top Stories Trump-Xi deal clears way for Nexperia to restart global chip supply. Read More Ford to invest $370M to restart engine production in India. Read More Kia hit with $842 million tariff loss as Q3 profit sinks nearly 50%. Read More AutoNation board approves additional $1 billion for stock repurchase. Read More Featured Interviews […] The post Trump-Xi deal frees chip supply, Ford invests $370M in India, Kia posts $842M tariff loss appeared first on CBT News.| CBT News
ICYMI: Toyota’s U.S. hybrid sales keep global numbers climbing despite Japan, China dips. EV sales are set to drop nearly 60% in October, J.D. Power says. Mercedes posts strong Q3 margins, plans $2 billion share buyback. Fed cuts rates by 0.25 points, easing auto financing slightly. Ford recalls nearly 500K U.S. vehicles due to multiple […]| CBT News
Top Stories Federal Reserve cuts interest rates to 3.75%-4% amid economic uncertainty. Read More GM temporarily lays off 5,500 workers amid EV market slowdown. Read More Stellantis posts Q3 revenue gain but outlook dims on regulatory costs. Read More Volkswagen Chattanooga workers authorize UAW strike vote amid stalled contract talks. Read More Featured Interviews Paul […]| CBT News
ICYMI: BMW unveils the iX3 ‘Neue Klasse’ EV. Amazon will sell used and CPO cars online. Honda’s Q2 profit drops 50%. Toyota lowers 2025 profit forecast. GM will import Chinese batteries for the 2026 Chevy Bolt. Here’s a closer look at these top stories and more headlines to stay on top of this week’s automotive […]| CBT News
Top Stories Trump to ease auto tariffs, reimburse automakers, and soften parts duties. Read More GM reassesses 2025 outlook amid tariff uncertainty despite Q1 beat. Read More Ford unveils breakthrough battery tech. Read More Automakers rally against California’s gas vehicle sales ban. Read More Featured Interviews Why dealers need to rethink their sales metrics – […]| CBT News
