Automotive industry stories

Aug 6, 2026

Ford launches Fathom electric truck starting at $28,350

Ford announced its next-generation electric truck called Fathom, priced at $28,350 before destination fees, set to launch in 2027 as part of the company's push into affordable EVs.

Aug 6, 2026·2 sources

Jul 21, 2026

South Korea's exports surge 52.3% in the first 20 Days of July, driven by AI Semiconductor Boom

South Korea's exports jumped 52.3% year-over-year in the first 20 days of July 2026, reaching a record for the period as semiconductor shipments soared 180.6% on AI-driven demand. Exports to China surged 94.1%, while automobile exports declined 10.6%.

Jul 21, 2026·9 sources

May 2, 2026

Trump Announces 25% Tariffs on European Union Cars and Trucks

President Trump announced he will increase tariffs on vehicles from the European Union to 25% next week, accusing the bloc of non-compliance with the 2025 trade deal and escalating trade tensions.

May 2, 2026·4 sources

Top claims

▪The Ford Fathom will include integrated hardware for Ford's hands-free BlueCruise system, though enabling the driving assistance service will likely require an extra fee.
▪Ford CEO Jim Farley is utilizing the Universal Electric Vehicle platform to lower production costs and compete against Tesla and Chinese electric vehicles.
▪The Ford Fathom's starting price of $28,350 is $3,400 more than the Slate Truck, a spartan, feature-free electric pickup starting at $24,950.