Autonomous vehicle company Nuro said Wednesday (April 9) that it has raised $106 million so far in an ongoing Series E funding round that values...
Thousands of Canadian autoworkers have been furloughed amid new tariffs in the country. Now, Canada’s largest private-sector union is warning these temporary layoffs could be...
Likely no business vertical will emerge unscathed from the latest round of tariffs imposed by the President Donald Trump administration, but the automotive industry stands...
Twenty-five percent tariffs on imported cars are now in effect in the U.S. As the New York Times reported Thursday (April 3), it’s a policy that President...
New U.S. tariffs on automobiles and auto parts reportedly may lead to a reduction of consumer purchasing power and spending across the economy. The effect...
This week will bring new 25% tariffs on auto imports, a change that could shake the car industry. As Bloomberg News reported Saturday (March 29),...
Automotive repossessions reportedly jumped last year to the highest level in 15 years. Around 1.73 million cars were seized by lenders during 2024, Bloomberg News...
Auto lenders face an emerging threat from artificial intelligence (AI)-powered fraud tools, according to Point Predictive. The “explosive growth” of these tools may impact lenders...
The white Jaguar with a bulky top headed toward me on the busy streets of Austin, Texas. About a block away, it stopped at a...