Author: News Desk

Ford Motor is reversing its plan to let dealers apply a $7,500 tax credit to electric vehicle leases after the expiration of the federal subsidy, the company revealed Thursday. The move comes on the heels of a similar decision by General Motors the day before. “Ford will not claim the EV tax credit but will maintain the competitive lease payments we have in the market today,” a spokesperson said. The federal tax credit for new electric and plug-in hybrid vehicles expired on September 30, but Ford and General Motors had planned to extend the benefit to customers by letting dealers purchase…

Canadian Prime Minister Mark Carney condemned U.S. President Donald Trump’s tariffs on imported vehicles, arguing that the deeply integrated North American supply chain plays a crucial role in sustaining the competitiveness of American car manufacturers. Addressing business leaders on Wednesday, Carney stressed that the United States-Mexico-Canada Agreement (USMCA) is crucial for sustaining U.S. competitiveness in the automotive industry, while acknowledging that some stakeholders remain unconvinced. During Carney’s White House visit earlier this week, President Trump described the auto industry as a point of rivalry between the U.S. and Canada, emphasizing the strength of the American domestic market. Industry analysts report…

U.S. auto safety officials have launched a probe into Tesla following reports that cars equipped with its Full Self-Driving (FSD) technology were involved in traffic violations, such as running red lights, while functioning under the company’s semi-autonomous driving system. The National Highway Traffic Safety Administration (NHTSA) reported it has identified 58 incidents involving Tesla’s system, including instances where vehicles traveled the wrong way on roads or ran red lights at intersections. According to a filing on the agency’s website, the preliminary investigation involves approximately 2.9 million vehicles in the U.S. Some of the reported incidents resulted in crashes and injuries,…

Volvo is expanding its electric vehicle lineup in the U.S. with a more affordable option. The 2026 Volvo EX30 now comes in a single-motor variant, starting at €33,250—€5,100 less than the original dual-motor model. The price drop positions the EX30 as an appealing choice for drivers seeking an affordable transition to electric mobility. The new base-model EX30 features a single electric motor positioned on the rear axle, delivering 268 horsepower. It uses the same 69 kWh battery as the higher-performance version, and this rear-wheel-drive offers an EPA-estimated range of up to 420 km on a full charge. Despite its more…

Kia Europe is trialing a new battery passport system at the cell level to deliver real-time insights about the condition and performance of each battery cell in its electric vehicles (EVs). Describing it as ‘preliminary research,’ the company says the innovation enhances transparency in EV battery health by delivering real-time, detailed data for each individual cell. A battery passport allows continuous monitoring of the cell’s State of Health (SoH), supports instant repair diagnostics, and ensures full traceability throughout the battery’s lifespan. According to Kia, this offers EV owners advantages like longer battery durability, reduced maintenance costs, and greater confidence when…

General Motors is discontinuing a program that allowed dealers to continue offering the $7,500 tax credit on new Chevy, GMC, and Cadillac electric vehicles for months after the federal subsidy expired on September 30. In its place, the company is rolling out a different strategy to maintain customer savings, the company said on Wednesday. According to Bloomberg, GM has opted not to prolong the tax credit for electric vehicles. Instead, GM will temporarily contribute around $6,000 of its own funds to help sustain electric vehicle lease incentives. A company spokesperson confirmed that “GM worked on an extended offer for the…

BMW has lowered its 2025 earnings forecast, citing slower-than-anticipated growth in China and the effects of U.S. import tariffs. While the German automaker saw year-to-date volume increases in Europe and the Americas through September, it noted that deliveries in China have fallen short of internal projections. The company now anticipates a slight drop in group pre-tax earnings compared to 2024, with the automotive division’s return on capital projected to decrease to between 8% and 10%, down from the earlier range of 9% to 13%. The free cash flow forecast for the automotive division has been revised downward, from over €5…

Toyota is recalling about 393,838 vehicles in the U.S. due to a potential failure of the rearview camera display, which could limit rear visibility and raise the risk of a crash, according to the National Highway Traffic Safety Administration. The recall covers 2022–2025 Toyota Tundra and Tundra Hybrid models, as well as 2023–2025 Sequoia Hybrids. Of the 393,838 vehicles affected, non-hybrid Tundras make up the majority. The problem stems from a software glitch in the 14-inch center display, which can cause the screen to turn “half green, fully green, or completely black” under certain conditions, rendering the rearview camera image…

Nissan Motor is reportedly in talks with several automakers to provide an electrified version of its popular Rogue crossover, according to Automotive News, citing sources familiar with the matter. One source indicated that Ford Motor and Stellantis are among the potential partners, while General Motors is not involved in the discussions. The compact crossover will be equipped with Nissan’s e-Power hybrid system, which powers the wheels with an electric motor while a gasoline engine recharges the battery. Production would take place at Nissan’s Smyrna, Tennessee, plant alongside the Rogue. The discussions involve a possible collaboration on electric vehicle development. The…

Tesla is reportedly planning to introduce a more affordable version of its Model Y, as reported by Bloomberg. The strategy is intended to offset the loss of U.S. federal electric vehicle incentives. Sources suggest that the new entry-level Model Y is likely the same model the company hinted at in its recent social media updates. The lower-cost version will forgo certain features and incorporate more affordable materials to help offset the expiration of the federal tax credit of up to $7,500, which the U.S. government ended last month. During the company’s most recent earnings call, executives noted that production of…