In recent weeks, the automotive industry has been in turmoil due to concerns over President Donald Trump’s 25% tariffs on automobiles, which have shaken the global market. In today’s special...
President Donald Trump has proposed a tax deduction for interest paid on auto loans for U.S.-made vehicles, a move aimed at boosting domestic car production while counteracting potential price increases...
As the auto industry braces for the impact of impending U.S. tariffs on imported vehicles, United Auto Workers (UAW) President Shawn Fain is rejecting the widely held belief that these...
Ferrari has announced price increases of up to 10% on specific models in response to new U.S. import tariffs set to take effect on April 2. The Italian luxury automaker...
With tariffs and economic uncertainty weighing on the automotive industry, dealers are navigating a fast-changing landscape. Tom Maoli, president and CEO of Celebrity Motor Car, joins us on the latest...
Updated 3/27/25 at 08:25 am
President Donald Trump announced a 25% tariff on imported cars and light trucks starting April 2, escalating global trade tensions and drawing sharp criticism from U.S....
The auto industry is bracing for possible disruptions as S&P Global Mobility warns that the ongoing global tariff war now has a 50% chance of causing an extended period of...
President Donald Trump met with General Motors (GM) CEO Mary Barra on March 12 to discuss the automaker’s investment plans as the president’s administration pushes for more U.S.-based production. Trump,...
BMW anticipates a slight sales growth in 2025 but warns that earnings will remain flat due to ongoing economic challenges in China and rising tariff costs. The German automaker, which...
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under the U.S.-Mexico-Canada Agreement (USMCA). The pause, effective until April 2, affects about 50% of Mexican...