Aston Martin Lagonda Global Holdings Plc is scaling back U.S. shipments to cushion the impact of new auto tariffs imposed by President Donald Trump, the company said Wednesday. While the...
Earlier this week: California dealers sued VW and Scout Motors to block the direct sales model, seeking $35 million in penalties. GM confirms Mexican EV production will continue despite tariffs....
In the first quarter of 2025, franchised U.S. auto dealerships saw a significant rebound in earnings, marking a potential turning point after nearly three years of declining profitability. According to...
Despite the uncertainty surrounding President Trump’s tariffs on the automotive industry, which could raise costs by thousands of dollars per vehicle, General Motors (GM) continues to produce its Ultium-based electric...
Tesla shares dropped nearly 6% on Monday, hitting $227.50 and hovering just above their lowest point this year, as investor anxiety mounted ahead of the company’s first-quarter earnings report. The...
Ford has stopped shipping high-end pickup trucks, SUVs, and sports cars from the U.S. to China as tariffs on American vehicles soar to as much as 150%, the latest fallout...
Volvo Group is planning to lay off up to 800 workers at three U.S. facilities over the next three months, citing declining demand and uncertainty tied to President Donald Trump’s...
Mazda Motor Corp. will suspend exports of its U.S.-built CX-50 compact SUV to Canada starting May 12, a temporary response to the escalating cost pressures triggered by President Donald Trump’s...
Earlier this week: Trump signaled possible tariff relief for the auto industry amid supply chain disruptions. The U.S. launches national security probe into semiconductor imports. GM to idle its Canadian...
The White House is pressuring Colombia to halt new auto safety regulations that could block nearly $700 million in U.S. car exports, warning of swift trade enforcement if the changes...