Tag: Tariffs
Len Bellavia urges dealers to take action as OEM practices and...
As the automotive industry braces for the financial ripple effect of U.S. tariffs on Chinese goods, Len Bellavia, founding partner of Bellavia Blatt and...
BMW to build electric iX5 and iX7 in U.S. despite tariff...
German luxury automaker BMW is moving forward with plans to build fully electric versions of its iX5 and iX7 SUVs at its Spartanburg assembly...
U.S. auto sales slow in May as tariff pressures and inventory...
Retail momentum in the U.S. auto market slowed in May, with several automakers still reporting gains despite a cooldown from the tariff-driven sales rush...
Nissan CEO vows to fix automaker as sales slide and tariff...
Nissan CEO Ivan Espinosa said the automaker is undergoing a major overhaul to address deep-rooted structural issues and stabilize its deteriorating performance. Speaking Wednesday...
EU warns of swift retaliation as Trump threatens 50% tariffs on...
The European Union (EU) is accelerating trade negotiations with the U.S. and warning of swift retaliation as President Donald Trump threatens to impose sweeping...
Trump doubles steel tariffs to 50%
According to President Donald Trump’s post on Truth Social, he announced that tariffs on steel imports will double to 50%, a move aimed at...
Court temporarily protects MTA funding amid congestion toll legal battle
A federal judge has issued a temporary order barring the Trump administration from withholding federal approvals or funding tied to New York’s congestion pricing...
Federal court blocks Trump’s tariffs, citing congressional overreach
In a setback for the White House, the U.S. Court of International Trade on Wednesday struck down most of President Donald Trump's tariffs, ruling...
Jim Ganther warns dealers about California’s ‘CARs Rule’ revival and compliance...
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...
Automakers turn to AI to offset billions in tariff costs amid...
Automakers are rapidly adopting artificial intelligence (AI) to combat mounting financial pressures caused by shifting U.S. trade policies and resulting tariffs.
General Motors expects up...