Uber commits up to $1.25B in Rivian to deploy 10,000+ autonomous R2 robotaxis starting 2028 in SF & Miami (first phase), expanding to 25 cities by 2031. Exclusive on Uber app.
Stellantis in talks with China's Xiaomi and Xpeng for investments in its struggling European business, including possible stakes in Maserati, as it prioritizes Americas amid EV challenges.
Stellantis announces massive $26 billion charge as it reverses its aggressive EV strategy, citing overestimation of electric vehicle demand and market shifts.
Piper Sandler upgraded Ford, GM, and Stellantis to Overweight, raising price targets and highlighting improved strategy, cash flow strength, and upside potential through 2026–2027.
The White House will extend tariff relief for US carmakers by five years, helping Ford, GM, and others reduce costs from Trump's import duties on auto parts and vehicles.
