AD #4098 - GM Profit Plummets on Tariffs; VW Offers Screaming EV Lease Deal; Russian Auto Industry Goes From Bad to Worse
About this episode
GM's Q2 earnings reveal a sharp profit drop due to tariffs, despite shutting down its loss-making GM Crews unit. Nissan plans multiple plant closures globally to cut capacity amid shifting production. Stalantis may close European plants to meet tough CO2 targets. UAW leadership faces internal conflict with calls to remove current president Sean Fain. Chinese auto sales rise strongly, with foreign luxury brands still holding appeal despite local competition. Russia's auto industry struggles with plummeting sales and high loan rates. Volkswagen offers an aggressive EV lease deal on the ID4, while Ford delays the next-gen Mustang Mach-E. The EU's proposed EV fleet mandate faces political pushback.
Nissan Frontier
"...six. The Sivak plant, which builds the Novara and Frontier pickups for Latin America, will end production by..."
Mercedes-Benz GLB
"...e year, while Mercedes will end production of the GLB in the first quarter of next year. In order to cu..."
Tesla Model
"... hundred and seventy nine dollars a month, or the Tesla Model Y at one hundred and ninety nine dollars a month,..."
Ford Mustang
"...w version. In one other quick bit of ev news, the Mustang Machie is going to stay around in its current for..."
Toyota Tundra
"...siness. According to one EU lawmaker, the Toyota, Tundra and Sequoya are getting a few updates for the twe..."
Toyota Tacoma
"...yota's isodynamic seats that first debuted in the Tacoma. Speaker 2: Those are those sweet off road seats."
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