Inchcape has reaffirmed its 2025 outlook following a resilient performance in the first half of the year. The company’s sustained confidence highlights its commitment to long-term strategic goals amid market challenges.

Subaru is revising its electrification strategy as it braces for a potential $2.5 billion impact from tariffs. The automotive company is rethinking its approach in response to significant financial pressures.

Volkswagen has joined other automakers in maintaining steady prices despite growing concerns over tariffs impacting the automotive industry. This collective stance reflects the industry’s effort to navigate economic uncertainties without burdening consumers.

For the first time in nearly a decade, Tesla has reported an annual decline in sales. Despite offering incentives like 0% financing and free charging, the electric car manufacturer saw a 1.1% drop in deliveries for 2024 compared to the previous year.