Trump, Japan reach tariff deal in breakthrough trade agreement
President Donald Trump announced a new trade agreement with Japan that lowers U.S. tariffs on Japanese imports to 15%, down from the previously threatened 25% rate. The deal, part of...
TSLA374.580-11.89%
GM77.2101.1%
F11.9400.04%
RIVN12.060-0.4%
CYD23.890-1.6%
HMC34.5800.61%
TM198.2203.36%
CVNA58.700-0.49%
PAG212.1100.06%
LAD291.07021.94%
AN161.8408.83%
GPI242.79017.94%
ABG173.4309.38%
SAH63.1402.46%
TSLA374.580-11.89%
GM77.2101.1%
F11.9400.04%
RIVN12.060-0.4%
CYD23.890-1.6%
HMC34.5800.61%
TM198.2203.36%
CVNA58.700-0.49%
PAG212.1100.06%
LAD291.07021.94%
AN161.8408.83%
GPI242.79017.94%
ABG173.4309.38%
SAH63.1402.46%
TSLA374.580-11.89%
GM77.2101.1%
F11.9400.04%
RIVN12.060-0.4%
CYD23.890-1.6%
HMC34.5800.61%
TM198.2203.36%
CVNA58.700-0.49%
PAG212.1100.06%
LAD291.07021.94%
AN161.8408.83%
GPI242.79017.94%
ABG173.4309.38%
SAH63.1402.46%
President Trump
Musk forms ‘America Party’ after clash with Trump over EV tax credits
Elon Musk has officially launched a new political movement, the "America Party," following the repeal of the $7,500 federal tax credit for electric vehicle (EV) purchases under a new tax...
Weekly Roundup: Trump doubles steel tariffs, Tesla faces $25K EV concerns, Auto sales slow in May
Earlier this week: Trump doubled steel tariffs to 50%. Tesla execs raise red flags after Musk denied $25K EV cancellation, Reuters reports. U.S. auto sales slow in May as tariff...
Musk battles Trump over $2.4T tax bill, fights to save EV credit
Elon Musk is actively working to derail President Donald Trump’s $2.4 trillion tax bill after failing to convince Republican lawmakers to preserve key electric vehicle subsidies. The Tesla CEO personally...
Jim Ganther warns dealers about California’s ‘CARs Rule’ revival and compliance rules
In the latest episode of Training Camp with Adam Marburger, Jim Ganther—co-founder and CEO of Mosaic Compliance Services—returns to discuss the state-level revival of the FTC’s CARs rule, the legal...
Weekly Roundup: Trump pushes USMCA changes, Senate targets EV rules, CNCDA blocks Afeela sales
Earlier this week: Trump advocated for the renegotiation of the USMCA trade agreement amid national security concerns. Senate targets California's 2025 EV mandate in upcoming vote. CNCDA demands a cease-and-desist...
Trump, Starmer strike potential U.S.-UK trade deal with cuts to car, steel tariffs
On Thursday, President Donald Trump and British Prime Minister Keir Starmer announced a limited bilateral trade agreement that cuts U.S. tariffs on British cars and steel, expands agricultural market access...
Toyota warns profits will drop about 20% as tariffs, weak dollar squeeze margins
Toyota expects its annual operating profits to fall by 20% as a weaker U.S. dollar and new trade tariffs under President Trump weigh heavily on earnings, the company announced Thursday.
The...
Ford sees 16% surge in auto sales amid robust pickup truck demand
On May 1, Ford reported a 16% increase in U.S. auto sales for April, driven by strong demand for pickup trucks and aggressive discounting through its employee pricing program. However,...
U.S. auto tariffs spark a surge in sales, price increases, and uncertainty
According to a Cox Automotive report, the automotive industry is currently experiencing significant disruption due to the U.S. implementing a 25% tariff on all imported vehicles. This measure is already...
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