China lifts restrictions on Nexperia chips, easing global shortage

China lifts restrictions on Nexperia chips, easing global shortage

On the Dash: China has exempted compliant Nexperia chip exports, providing relief to global automakers. The Netherlands may lift restrictions on Nexperia if EU-mediated negotiations succeed. Automakers like Honda and Volkswagen continue to monitor the situation as production disruptions have already impacted profits. According to reports on Sunday, China confirmed it has taken the necessary…

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GM raises profit outlook, navigates EV challenges, seeks tariff relief

GM raises profit outlook, navigates EV challenges, seeks tariff relief

On the Dash: GM raised its 2025 adjusted core profit outlook to $12–$13 billion, signaling stronger-than-expected earnings and tariff relief. EVs remain a small portion of total sales, and GM canceled its dealer-led tax credit extension, reflecting ongoing challenges in stimulating EV demand. CEO Mary Barra emphasizes reducing EV overcapacity and letting customer demand guide…

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Kevin Roberts on CarGurus’ Q3 report shows affordability challenges and EV surge shaping the market

Kevin Roberts on CarGurus’ Q3 report shows affordability challenges and EV surge shaping the market

The U.S. automotive market faces ongoing affordability pressures even as certain segments, particularly luxury vehicles and hybrids, continue to see robust growth. Joining us on today’s episode of CBT Now is Kevin Roberts, the Director of Economic and Market Intelligence at CarGurus, to discuss the company’s latest Q3 Intelligence Report, which reveals trends that are shaping dealer…

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China to require export licenses for EVs starting in 2026

China to require export licenses for EVs starting in 2026

On the Dash: China will require export licenses for EVs starting in 2026, limiting applications to automakers and authorized firms. The move targets unregulated traders whose exports have hurt after-sales support, brand reputation, and pricing abroad. EV exports from China reached 1.65 million units in 2024, nearly double 2022 levels, highlighting rapid growth. China will…

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