WardsAuto Daily Edition
 
















JULY 07, 2025



Budget Bill Slams BEVs and Affirms Tariffs

The Trump Admin. budget bill eliminates clean-energy investments, incentivizes fossil fuels and coal and provides a new-car financing credit as retail prices climb and interest rates stay elevated.

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Autoline Daily 2025: Top Industry News for July 7

Musk’s Politics Are Hurting Tesla; U.S. Car Sales Dropping Due to Trump Tariffs; ZF Develops EV Transmission

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Volvo and Polestar Facing Leadership Changes, Tariffs and Anti-China Policy

Volvo and Polestar are brands majority-owned and controlled by Chinese automaker Geely, putting the Swedish marques in a vortex of difficulty in the U.S.

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Cox Automotive’s President Steve Rowley: Tariffs, Tech and Resilience Define Today’s Market

Industry insiders say despite pressures like tariffs and rising costs, the auto industry continues to show remarkable resiliency.

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