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AutoblogChinese cars are pouring into Mexico — and the U.S. is worried
Four years after the United States-Mexico-Canada trade agreement (USMCA), Mexico and the U.S. face the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining GM, Ford, and Tesla.
- Autoblog
Genesis reportedly close to a deal to buy e-motors from Lucid
A South Korean report says Genesis is reportedly close to a deal to buy e-motors from Lucid for Genesis' X Convertible Concept luxury droptop.
- Yahoo Finance
Ford CEO on the future of EVs, Detroit, and his relationship with Tesla's Elon Musk
Ford CEO Jim Farley sat down for a new edition of Yahoo Finance's Opening Bid podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark and why he remains bullish on EVs.
- Autoblog
Junkyard Gem: 1989 Ford Ranger Just Do It Edition
A 1989 Ford Ranger pickup covered with handmade Nike "Just Do It" decoration, found in a North Carolina junkyard.
- Autoblog
2025 BMW M3 bakes in 3 Series updates; Competition xDrive gets power bump
BMW is overhauling its 3 Series for 2025; the sporty M3 gets the same love, but no meaningful performance adders.
- Yahoo Finance
Chinese EVs are 'driving into Mexico' — and it's starting to worry the US
The early success of Chinese brands in Mexico and Latin America offers a glimpse into the expansion strategy for these carmakers outside of the world’s largest EV market.
- Autoblog
Fiat Grande Panda is a compact hatchback with a serious attitude
The 157-inch long Fiat Grande Panda is the first car in a planned family of Panda off-shoots. It will be offered as a hybrid and as an EV.
- Autoblog
Toyota apologizes for cheating on vehicle tests, halts production of three models
Toyota is halting production of three models and apologizing for cheating on vehicle testing, investigation finds.
- TechCrunch
China's $47B semiconductor fund puts chip sovereignty front and center
China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and manufacturing wafers — prioritizing what is called chip sovereignty. China's National Integrated Circuit Industry Investment Fund, also known simply as "the Big Fund," had two previous vintages: Big Fund I (2014 to 2019) and Big Fund II (2019 to 2024). The latter was significantly larger than the former, but Big Fund III is larger than both at 344 billion yuan, or about $47.5 billion, public filings revealed.
- Yahoo Finance
Ford vice chair John Lawler on EVs, 2024 profits, and why the automaker never abandoned hybrids
Yahoo Finance spoke to Lawler at the Deutsche Bank Global Autos Conference in midtown Manhattan this week. Here's what he said about the demand for hybrid vehicles, EV adoption, profitability, and more.
- Autoblog
Robot cars get a big push in China's cities
A New York Times report investigates China's accelerated research and usage of autonomous taxis
- TechCrunch
Tech giants form an industry group to help develop next-gen AI chip components
Intel, Google, Microsoft, Meta and other tech heavyweights are establishing a new industry group, the Ultra Accelerator Link (UALink) Promoter Group, to guide the development of the components that link together AI accelerator chips in data centers. Announced Thursday, the UALink Promoter Group — which also counts AMD (but not Arm just yet), Hewlett Packard Enterprise, Broadcom and Cisco among its members — is proposing a new industry standard to connect the AI accelerator chips found within a growing number of servers.
- Yahoo Finance
Oil to rise to $86 per barrel this quarter on 'solid summer demand,' Goldman says
Oil prices are headed higher this summer, according to Goldman Sachs analysts. Demand from China and Strategic Petroleum Reserve refills will keep Brent from breaking a $75 floor.
- Yahoo Finance
Walmart is winning over investors, but its growth story relies on three key e-commerce initiatives
Walmart has been a reliable stock performer — but it needs to grow its e-commerce to maximize its future potential.
- TechCrunch
Tesla shareholders sue Musk for starting competing AI company
Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla to the new startup. The lawsuit is one of the most direct challenges to Musk’s decision to start xAI, and it comes on the heels of his threat to develop AI outside of Tesla unless he is awarded more voting control over the company. The suit was also filed just a few hours before Tesla is scheduled to host its annual meeting, where shareholders will likely vote to re-ratify the $56 billion compensation package that was struck down by a judge earlier this year.
- Engadget
Snap will pay $15 million to settle California lawsuit alleging sexual discrimination
The California Civil Rights Department has revealed that Snap Inc. has agreed to pay $15 million to settle the lawsuit it filed "over alleged discrimination, harassment, and retaliation against women at the company."
- Autoblog
The Autoblog 20: The most significant new cars of the past two decades
Autoblog turns 20 this month. Join us for a look back at the big reveals that defined the past two decades of the automotive industry.
- Yahoo Finance
The 'unequivocally bullish' productivity shift ahead: Morning Brief
The heavily concentrated S&P 500 has enjoyed a boost from the big AI hardware and software companies. But a big bull case ahead comes as the tech actually gets put to work.
- Yahoo Finance
Tesla's Musk is not the only CEO testing new compensation limits
CEO pay is on the rise across corporate America as Tesla stockholders prepare to vote on a $56 billion compensation package for Elon Musk.
- Yahoo Finance
Gas prices dip heading into Memorial Day weekend
Two analysts told Yahoo Finance they expect gas prices to continue to decline over the weekend.