#automotive-industry

#automotive-industry

"The good news is a hydrogen vehicle is an electric vehicle. It's just a different way of storing the energy versus a battery... refuel in 3 to 4 minutes and you're 100% full and ready to go again."

Lamborghini CEO Stephan Winkelmann indicated that the Lanzador may become a plug-in hybrid instead of a full electric vehicle. The delay to 2029 reflects wider challenges in the EV market.

General Motors' second-quarter core profit fell 32% to $3 billion due to challenging tariff policies, which sapped $1.1 billion from the results.

Ford has just announced the recall of 694,000 vehicles, adding to a record-breaking number of recalls in 2025 due to fuel injector defects.

One of the car industry's most important yardsticks is "market day supply" or "days to turn," which indicates how long a car remains on a dealer lot before being sold.

Ford Motor Company's stock gained 8.25% in the past month, rising almost 30% since April 8, with a current yield of 5.32% for dividends.

The automotive industry continues to evolve, driven by innovation, convenience and consumer demand for faster, more efficient service. In 2025, the top-performing automotive franchises aren't just changing oil or replacing tires - they're streamlining operations, leveraging mobile platforms and building strong brand loyalty.

London EV Company (LEVC) has announced it will cut approximately 180 manufacturing jobs at its Ansty site due to a significant decline in sales and increasingly challenging automotive conditions. Demand for electric hackney carriages has been affected by rising costs and ongoing reductions in the number of drivers, prompting the need for restructuring to ensure the future of the London black cab.

The Senate has passed President Trump's Big Beautiful Bill, which includes provisions to end EV tax credits, causing concern among automakers and dealerships.