latest car news – Charm

Kerri Wise unpacks key market trends from Lotlinx’s Q2 report

Cs news6 months ago06 mins

Lotlinx recently released its 2025 Q2 Vincensus Report, a quarterly analysis detailing the state of the automotive industry across major OEMs. In today’s episode of CBT Now, Kerri Wise, chief marketing officer at Lotlinx, unpacks the report’s key findings and how dealers can better manage their inventories. The second quarter was heavily shaped by the…

MP Materials strikes rare earths deal with US to cut China dependence

Cs news7 months ago03 mins

MP Materials has signed a landmark deal with the U.S. Department of Defense to expand rare earth magnet production and reduce reliance on Chinese supply. The agreement includes a government-backed floor price nearly twice the current Chinese rate, a $400 million equity investment, and long-term offtake guarantees for defense and commercial use. MP will invest…