From Cybertruck to Model S: Every EV Killed Off in 2026
US EV sales fell 20.5% in Q2 2026 after the $7,500 tax credit expired. Here's every electric model automakers have canceled this year.
Topic
Automotive Industry
Topic
Automotive Industry
UK set to cut EV sales target by a quarter, easing pressure on carmakers
Ministers will cut the 2030 EV sales target to about 60% after a Whitehall standoff, relieving carmakers but putting £1.7bn of ch…
GM Flags Another $2 Billion Cost Headwind as 2027 Looms Over Auto Profits
GM expects up to $2 billion in added 2027 costs from commodities, logistics and DRAM chips. VW, BMW, Hyundai cut targets as avera…
BMW Slashes Margin Outlook as 8,000 Job Cuts Bite Into Profits
BMW cut its 2025 margin guidance to between -0.5% and 0.5% as restructuring costs, 8,000 job cuts in Germany and a 22% slump in C…
Three Concept Cars, One Question: What Are People For When AI Does the Work?
Tesla's Roadster, Porsche's Mission S and Alfa Romeo's Cuorerosso each answer the same question: once machines do the work, what…
Ford beats on earnings, narrows 2026 outlook to $10.5–$11 billion
Ford beat Q3 EPS estimates at 49 cents vs. 40 cents expected but missed on revenue at $46.08 billion. CFO Sherry House says 2027…
GM Bets $2 Billion on Lansing Plants to Build Hybrids It Once Rejected
GM will invest over $2 billion in Lansing, including $1.25 billion for hybrid production, as it redirects a $500 million federal…
GM Targets Two-Year Vehicle Development With AI and Software Push
GM says AI, virtualization and new EV architecture will halve development time to roughly two years. Eyes-off driving arrives on…
GM Closes Brownstown Battery Plant Over Lease, Not EV Retreat
GM will close Brownstown Battery Assembly near Detroit as its lease ends, not as an EV retreat. The plant built Celestiq packs an…
GM Cuts Full-Year Profit Outlook, Plans Truck Production Pause
GM cut its full-year profit outlook and will pause some truck production, sending shares to their worst single-day drop in more t…
GM Reports $48.59 Billion Quarter as Wall Street Watches Earnings
General Motors reported $48.59 billion in Q3 2025 revenue, $1.3 billion in net income attributable to stockholders and adjusted E…