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Last updated: 30 April 2025, 4:59 pm

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GM pulls forecast due to tariffs as nervous consumers rush to buy

30 April 2025, 4:03 am

Reuters

International

Brands Mentioned: Ford, GM, Honda, Stellantis, Tesla, Toyota, Volkswagen

AutoExec Summary: General Motors has withdrawn its annual forecast due to uncertainties surrounding U.S. tariffs, despite reporting strong quarterly results. The automaker’s CFO highlighted the potential significant impact of tariffs on future operations. GM’s revenue rose 2.3% to $69 billion, driven by increased demand before price hikes, but net income fell 6.6% to $4.4 billion. The company is pausing share buybacks while assessing the economic situation, as analysts predict a challenging environment due to tariff-related costs.

Brands mentioned: General Motors, Ford, Tesla, Stellantis

ATA Conference 2025 – Opening Panel Session Summary

30 April 2025, 3:46 am

FleetAutoNews

Australasia

AutoExec Summary: The opening panel at Trucking Australia 2025 addressed truck safety and workforce development, with ATA CEO Matthew Munro emphasising the need for a clear vision ahead of the federal election. Key topics included funding for crash investigations, safety improvements, and apprenticeship support. Panelists advocated for practical training, employer responsibility, and a Rural Driver Training Academy to combat workforce shortages. The session concluded with calls for long-term government commitment and industry collaboration for effective reform.

Brands mentioned: None

Mercedes signs deal with Luminar to develop latest lidar sensors

30 April 2025, 3:36 am

Reuters

International

AutoExec Summary: Mercedes has entered into a partnership with Luminar to advance the development of cutting-edge lidar sensors. This collaboration aims to enhance the safety and performance of autonomous driving technologies, positioning Mercedes at the forefront of innovation in the automotive industry.

Brands mentioned: Mercedes, Luminar

It’s a Toyota Aurion for the EV generation! Large electric Toyota bZ7 sedan confirmed for China, but we’re still waiting

30 April 2025, 3:00 am

EVCentral

Australasia

Brands Mentioned: BYD, Ford, Holden, Tesla, Toyota

AutoExec Summary: Toyota is set to launch the bZ7, a large electric sedan, in China later this year, developed in partnership with GAC. Despite interest, Toyota Australia has no plans to introduce the bZ7 locally. The sedan features advanced design elements, driverless technology, and a range of 500-600km, priced at approximately A$36,000.

Brands mentioned: Toyota, GAC, Xiaomi, Tesla, BYD, Huawei, Ford, Holden.

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