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Toyota’s 2026 clash, Lotus EV in Canada, China likes Ferrari Luce

Toyota's 2026 clash, Lotus EV in Canada, China likes Ferrari Luce

good morning and welcome downshiftor TDS for short, of drive The Daily News Roundup brings you the biggest automotive headlines from around the world.

downshift A quick recap of what’s happening each morning in the CAR area, summarizing the news in a few sentences with links to full stories. Hope you had a great weekend—here’s your bulletin for Monday, June 29, 2026.

📉 Toyota’s global sales fell for the fourth consecutive month in May, falling 7.4% from a year earlier due to supply challenges in the Middle East and stronger competition in China. (bloomberg)

📈 Meanwhile, Kia’s sales rose 4% globally and 10% in Europe alone over the same period, driven by higher demand for its fuel-sipping hybrid and fully electric vehicles. CEO Song Ho-sung said, “Europe is tough and China is growing, but Kia is also growing.” (bloomberg)

🍁 Geely will reportedly start selling the Lotus EV in Canada next month for the first time in the country. (reuters)

💡 All 88 Ferrari Luce examples allocated for sale in China have been sold, at a price of at least $586,000 per vehicle. (carnewschina)

🔜 The CEO of Mazda’s Australian division said the next-generation Miata is still coming, but the company can’t confirm when, and it could be the last purely internal-combustion-engine-powered one ever. (car expert)

📜Tesla has settled a lawsuit that resulted in the 2023 death of a 71-year-old woman who was struck by a Model Y operated under the full self-driving system. (bloomberg)

🔚 NHTSA has closed its investigation into a power-steering failure in about 376,000 Tesla Model 3 sedans, saying the automaker addressed the issue in a recall last year. (reuters)

🚙 New spy shots of the upcoming BMW (BMW Blog)

💔Volkswagen and Bosch will reportedly end their self-driving-technology partnership without a show after determining that the product they have developed so far is not competitive. The two companies have reportedly spent more than $1.7 billion on the system to date. (automotive news)

🏭 Koenigsegg has finally produced the first Gemera for a customer, six years after its initial debut. (autoblog)

🏁 Weekend Racing Results:

  • WRC Acropolis Rally Greece: Sébastien Ogier wins for Toyota
  • 78th 24 Hours of Spa: Ricardo Feller, Thomas Preening and Bastian Buss won for Lionspeed GP Porsche
  • IMSA Michelin Pilot Challenge at Watkins Glen: Bryce Ward and Philip Ellis took wins for Winward Mercedes-AMG
  • NASCAR O’Reilly Auto Parts Series at Sonoma: Shane van Gisbergen wins for JR Motorsports
  • MotoGP Dutch Grand Prix:Ai Ogura wins for Superfile Trackhouse
  • Formula 1 Austrian Grand Prix: George Russell wins for Mercedes
  • IMSA SportsCar 6 Hours of Watkins Glen: Jack Aitken, Earl Bamber and Fred Vestey won for Action Express Cadillac.
  • NASCAR Cup Series at Sonoma: Shane van Gisbergen takes victory for Trackhouse Racing
  • NHRA Drag Racing Summit Nationals Finals: Maddy Gordon wins for Ron Capps Motorsport

Got any tips or feedback for Downshift? Let us know at tips@thedrive.com

After covering cars and consumer tech for a decade, Adam Ismail is a senior editor at The Drive, focusing on curating and curating the site’s daily stories.


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