Trump says U.S. won’t renew USMCA, dealers left in limbo
On the Dash:
Trump says the U.S. won't renew USMCA ahead of the critical July 1 review deadline.
Non-qualifying vehicles already face a 25% tariff, with costs likely to rise...
TSLA391.170-3.29%
GM77.7100.07%
F14.1800%
RIVN17.090-0.71%
CYD44.730-1.14%
HMC28.7800.89%
TM179.8602.94%
CVNA70.6550.065%
PAG204.7604.36%
LAD339.0907.72%
AN208.9805.44%
GPI331.65012.25%
ABG226.7358.305%
SAH102.8103.08%
TSLA391.170-3.29%
GM77.7100.07%
F14.1800%
RIVN17.090-0.71%
CYD44.730-1.14%
HMC28.7800.89%
TM179.8602.94%
CVNA70.6550.065%
PAG204.7604.36%
LAD339.0907.72%
AN208.9805.44%
GPI331.65012.25%
ABG226.7358.305%
SAH102.8103.08%
TSLA391.170-3.29%
GM77.7100.07%
F14.1800%
RIVN17.090-0.71%
CYD44.730-1.14%
HMC28.7800.89%
TM179.8602.94%
CVNA70.6550.065%
PAG204.7604.36%
LAD339.0907.72%
AN208.9805.44%
GPI331.65012.25%
ABG226.7358.305%
SAH102.8103.08%
Tariffs
Ford-backed group urges EU to delay EV import tariffs
On the Dash:
A Ford-backed group is urging the EU to delay EV import tariffs, citing battery supply chains that aren't ready.
EU and UK battery production is far...
U.S. eases some Taiwan tariffs under trade agreement
On the Dash:
Tariff relief may lower input costs for auto suppliers using Taiwanese precision parts and electronics.
There is a 15% cap on duties, which provides pricing stability for...
EU trade deal deadlock puts pressure on U.S. dealers as Trump threatens higher tariffs
On the Dash:
EU lawmakers and governments remain deadlocked on how to implement the deal reached last year.
President Trump has threatened to raise tariffs on European cars and trucks...
Gas prices spark interest in used EVs, tariff concerns drive domestic shift
Today's car market is a complex environment for dealers and customers alike. Rising gas prices, tariffs, and a growing list of options have customers rethinking how they shop for their...
Len Bellavia urges dealers to take action as OEM practices and tariffs threaten profits
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 a prominent attorney for dealers, is...
BMW to build electric iX5 and iX7 in U.S. despite tariff shifts
German luxury automaker BMW is moving forward with plans to build fully electric versions of its iX5 and iX7 SUVs at its Spartanburg assembly plant in South Carolina, despite recent...
U.S. auto sales slow in May as tariff pressures and inventory challenges mount
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 seen in March and April. New...
Nissan CEO vows to fix automaker as sales slide and tariff pressure mounts
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 on CNBC’s Squawk Box Europe, Espinosa...
EU warns of swift retaliation as Trump threatens 50% tariffs on imports
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 50% tariffs on nearly all EU...
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