As promised by both countries, the United States and China have each implemented $34 billion in tariffs on goods. Bloomberg News has now reported that U.S. President Donald Trump is...
Click here, to see June Sales Totals for 2019
Talk about hitting it right on the nose. June’s overall auto sales came in at analyst’s expectations. Edmunds projected an overall increase...
In addition to Daimler AG, other automobile makers have now spoken out against President Donald Trump’s proposed tariffs. A Bloomberg article published on July 1, 2018 reported that BMW, Ford,...
AutoNation’s CEO and Chairman, Mike Jackson, is the latest executive to speak out against President Donald Trump’s proposed tariffs on cars and SUVs being imported from Europe. In an interview...
President Donald Trump has certainly shaken up the automotive industry with his proposed 20% tariffs on automobiles assembled in the European Union (EU) if the group does not remove “barriers”...
Mercedes Benz’s parent company, Daimler, has reported that the escalating trade war between the United States and China is the reason they have cut its profit forecast. This statement comes...
After a seven-year run of consecutive annual auto sales increases in the United States, the final sales figures for 2017 showed a regression of 1.8 percent. And at the end...
On Friday, the Trump administration placed tariffs on all imported Steel and Aluminum from Mexico, Canada, and the EU. To talk more about how the automotive industry can be directly...
Today on CBTNews.com - Tuesday, June 5th, 2018:
NADA President and CEO Peter Welch On Trump's Steel and Aluminum Tariffs
The automotive Industry is feeling a little uneasy since it was announced...
The largest trading partner with the United States, Canada, has swiftly promised to match tariffs placed on steel and aluminum imports. As an exemption for weighty tariffs expired on May...