Tag: Automotive industry

BusinessManufacturing

AutoNation Reports Revenue Growth Amid Shifting Tariff Landscape and Strong Financial Services

AutoNation reports rising revenues as tariff negotiations progress, with CEO Mike Manley noting clearer impacts on the auto industry. The company also achieved record financial services performance and significant growth in hybrid and electric vehicle sales amid changing consumer behavior.

AutoNation’s Evolving Tariff Strategy

AutoNation is navigating changing tariff conditions as negotiations with major trading partners near completion, according to CEO Mike Manley’s comments during a recent earnings call. Sources indicate that the effects on the auto industry are becoming more defined as the situation develops.

by Natalie Brooks
ManufacturingSemiconductors

European Auto Sector Faces Chip Supply Crisis Amid Diplomatic Tensions

European automakers confront renewed supply chain disruptions as diplomatic tensions between the Netherlands and China jeopardize critical semiconductor supplies. The escalating trade dispute coincides with new Russian sanctions and Tesla’s disappointing earnings report, creating multiple pressure points for global industries.

Automotive Chip Shortage Looms

European car manufacturers face imminent semiconductor supply disruptions amid escalating tensions between the Netherlands and China, according to industry reports. The Dutch government’s recent move to restrict Chinese involvement in chipmaker Nexperia has triggered retaliatory measures from Beijing that threaten to cut off vital components for automotive production.

by Darren Holt
Cybersecurity

Ransomware Incidents Surge 36% in Q3 2025, Reaching Record Highs Across Industries

Global ransomware attacks reached unprecedented levels in the third quarter of 2025, with 270 publicly disclosed incidents representing a 36% year-over-year increase. The manufacturing and healthcare sectors bore the brunt of attacks as cybercriminals targeted everything from major corporations to childcare facilities.

Ransomware Epidemic Worsens as Q3 Attacks Spike 36%

Global cyberattacks involving ransomware reached alarming new heights during the third quarter of 2025, with publicly disclosed incidents jumping 36% compared to the same period last year, according to reports from cybersecurity firm BlackFog. The analysis reveals 270 confirmed attacks between July and September, marking a staggering 335% increase since Q3 2020.

by Natalie Brooks
BusinessEnergy Policy

Canada Threatens Legal Action Against Stellantis Over Production Shift to US

Canada has threatened legal action against automaker Stellantis over plans to shift Jeep Compass production from Ontario to the United States. Industry Minister Melanie Joly warned the company would be in default of its agreements with Canada. The dispute centers on commitments made in exchange for substantial government support.

Canada Threatens Legal Action Over Stellantis Production Shift

The Canadian government has threatened legal action against global automaker Stellantis over plans to shift production of the Jeep Compass from Ontario to the United States, according to reports from Reuters. Industry Minister Melanie Joly sent a letter to Stellantis CEO Antonio Filosa stating that moving production would constitute a default under the company’s agreements with Canada.

by Darren Holt