Why automakers are paying suppliers hundreds of millions of dollars after canceling EVs

May 1, 2026

By

John Irwin

Hyundai, Kia sales slip second straight month as market resettles from pre-tariff boost

Hyundai and Kia U.S. sales fell for a second straight month in April as tariffs and affordability pressures weighed on demand despite strong hybrid sales.

DP

By

David Phillips

Ford revives employee pricing deals for America’s 250th

MM

By

Michael Martinez

Detroit 3 expect nearly $2.3 billion in tariff refunds, helping offset Iran war costs

By

John Irwin

Nissan cancels $500 million EV plan at U.S. plant in pivot back to gas-powered trucks

UK

By

Urvaksh Karkaria

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