US-China Rare Earths Trade Deal; GM's $4B US Production Shift

Latest Motoring and Tech News
Total 851 words · 4 mins read

Key Takeaways

  • US and China establish rare earth trade framework, easing auto industry supply concerns.
  • GM invests $4B to shift some production from Mexico to the U.S. by 2027.
  • Chinese automakers approach 10% UK market share, fueled by BYD's fivefold surge.
  • Ford expands Lobo subbrand with V-8 F-150, starting at $59,995 with shipping.
  • Nvidia to build its first AI cloud platform in Germany for industrial applications.

Top Stories

US and China reach trade framework on rare earths

The U.S. and China have established a trade framework concerning rare earths, which is expected to alleviate supply concerns for the auto industry. China has also agreed to expedite the approval process for rare earth exports to eligible companies within the EU.

GM invests $4B to shift production to US in 2027

GM is investing $4 billion to shift some production from Mexico to the U.S. starting in 2027. This decision considers tariffs, EV demand, and the need for factory flexibility, reversing a previous reliance on Mexico for lower assembly costs.

Chinese automakers approach 10% UK market share

Chinese automakers are nearing a 10% market share in the UK, fueled by a fivefold surge from BYD.

Ford expands Lobo subbrand with V-8 F-150

On June 13, 2025, Ford Motor Co. announced the expansion of its Lobo street truck subbrand with the V-8 powered F-150 Lobo, following the launch of the Maverick Lobo earlier in the year. The F-150 Lobo, starting at $59,995 with shipping, features a cowl hood, 22-inch gloss black wheels, black accents, dual exhaust, and a 10-piece ground appearance package and is available as an STX trim package.

Nvidia to build AI cloud in Germany

Nvidia CEO Jensen Huang announced on June 12, 2025, that Nvidia will build its first AI cloud platform for industrial applications in Germany, which will benefit BMW and Mercedes.

China Auto Focus

China, EU near EV tariff agreement

China and the EU are reportedly in the final stages of discussions regarding EV tariffs.

China's car market expands for 4th month

The Chinese car market has experienced growth for the fourth consecutive month, driven by trade-in subsidies.

Chinese giants threaten Tesla's self-driving future

BYD's EV strategy alarms Beijing

Chinese bureaucrats control global auto supply chain

China: Automakers face 60-day supplier payment rule

Chinese automakers will be required to make payments to their suppliers within 60 days, a move prompted by growing backlash amidst an intense price war.

BMW appoints new Americas lead for China JV

BMW has appointed its financial services chief for the Americas to lead a key joint venture in China.

EV Revolution

Trump repealed California's gas-car ban

Published on June 12, 2025, reports indicate that Trump repealed California's gas-car ban, a move applauded by the auto industry, amid discussions of higher car tariffs.

Stellantis calls for affordable 'E Car' for Europe

Stellantis Chairman John Elkann is advocating for an affordable ‘E Car’ for the European market, as reported on June 12, 2025.

France open to relaxing 2035 fossil-fuel car ban

On June 12, 2025, French industry minister Marc Ferracci stated he was open to discussions on relaxing regulations that will bar the sale of fossil-fuel cars by 2035.

Autonomous Drive Updates

Tesla's robotaxi launch raises safety concerns

Musk is promoting a driverless Tesla test ahead of the Austin robotaxi launch, raising safety questions and industry concerns. Safety experts and industry executives are observing Tesla’s robotaxi launch with both anticipation and concern.

Tesla delays robotaxi launch to June 22

Tesla CEO Elon Musk announced on June 10, 2025, that the company's launch of robotaxi service has been postponed until at least June 22.

Car News Today

Archer raises $850M after Trump executive order

On June 13, 2025, air taxi maker Archer raised $850 million following a Trump executive order.

American Axle to supply Scout

Market Watch

Ford's market share rises nearly 2 points

Published on June 11, 2025, Ford's market share in the U.S. rose nearly 2 percentage points to 14.7% at the end of May, driven by employee pricing discounts, according to Andrew Frick, president of Ford Blue and Ford Model e.

Ford Oakville retooling progresses; tariffs pose risks

Published on June 12, 2025, the retooling of Ford's Oakville plant is progressing, but tariffs pose risks to the Super Duty plan. F-Series Super Duty pickups are also built at two U.S. assembly plants, meaning demand will need to remain high to sustain production in Oakville.

Marelli bankruptcy highlights failed auto spinoffs

Published on June 11, 2025, Marelli's Chapter 11 bankruptcy serves as another example of failed spinoffs of automaker parts units.

Toyota chairman re-elected amid $33B buyout bid

Published on June 12, 2025, Toyota's chairman was re-elected against the backdrop of a $33 billion buyout bid.

Trump considers hiking auto tariffs for US production

Published on June 12, 2025, Trump indicated he might soon increase auto tariffs to incentivize more production in the United States.

Tech in Motion

AMD unveils AI server; OpenAI taps new chips

On June 12, 2025, AMD unveiled a new AI server, and OpenAI is utilizing its newest chips.

Google resolves global service outage

On June 12, 2025, Google announced the resolution of a global service outage that had impacted multiple platforms.

Foxconn sends 97% of India iPhone exports to US

On June 13, 2025, Foxconn reportedly is sending 97% of its India-made iPhone exports to the US, as Apple addresses Trump's tariffs.

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