On Wednesday, March 26, President Donald Trump signed an executive order to impose 25% tariffs on all imported automobiles and auto parts. His administration has stated that these measures will...
Volvo Cars has announced the return of former CEO Håkan Samuelsson to lead the company, replacing Jim Rowan, who stepped down after just three years.
Samuelsson will serve a two-year term...
Earlier this morning, a Tesla dealership on the outskirts of Rome, Italy, erupted into flames that destroyed over a dozen of vehicles. Italian police are investigating the cause of the...
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...
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 Trump administration is unlikely to implement automobile tariffs on April 2, marking a significant shift from its original trade policy. This news was first reported by Bloomberg and later...
Earlier this week: Fed holds rates steady, warns inflation may rise due to tariffs. Stellantis ramps up U.S. shipments ahead of tariff deadline. Ford races against time to transport engines...
The Federal Reserve announced on Wednesday that it is to keep its benchmark interest rate unchanged at around 4.3% while raising its inflation forecast and lowering its economic growth outlook,...