President Trump is expected to ease the financial blow of his newly imposed auto tariffs by allowing reimbursements for automakers.

Trump to ease auto tariffs, reimburse automakers and soften parts duties

CBT News Editorial Team - April 29, 2025

President Trump is expected to ease the financial blow of his newly imposed auto tariffs by allowing reimbursements for automakers and limiting overlapping duties on imported materials, according to people...

Headlines Articles

Porsche halts U.S. vehicle shipments amid 25% tariffs, leaving dealers waiting as negotiations with the EU continue.

Porsche allegedly halts U.S. vehicle deliveries as tariff uncertainty looms

CBT News Editorial Team - April 28, 2025

Porsche dealerships across the U.S. have faced weeks without new vehicle shipments as the automaker navigates the impact of a 25% auto import tariff implemented by the Trump administration earlier...

Articles Headlines

Trump’s auto tariffs pressure automakers to shift U.S. production, but plant capacity and costs complicate the path forward.

Unused capacity at U.S. auto plants highlights complex tariff challenges

Jasmine Kiniklis - April 28, 2025

President Donald Trump's bold trade policy, including the 25% tariffs on automotive imports, is meant to bolster domestic production and reduce the nation's reliance on foreign entities. At the end...

Articles Headlines

Volvo’s U.S. market struggles continue as CEO looks to revive sales

CBT News Editorial Team - April 28, 2025

Volvo’s EX30, one of the best-selling electric vehicles in Europe, has encountered significant challenges since its entry into the U.S. market. Despite its popularity in Europe, the EX30’s launch in...

Articles Headlines

Turning tariffs into opportunity: How dealers can maximize service revenue

CBT News Editorial Team - April 28, 2025

As new tariffs threaten to raise prices on imported vehicles and auto parts, dealership leaders and consultants are urging the industry to stay focused on the customer experience. In today's...

Featured Management & Leadership

President Trump considers exempting auto parts from tariffs as industry groups warn rising costs could threaten U.S. automotive production.

Trump considers tariff relief for automakers, White House confirms

Jasmine Kiniklis - April 25, 2025

President Donald Trump is considering exempting automakers from specific tariffs. The White House confirmed the information with CNBC on Wednesday following a report from the Financial Times. This consideration comes...

Articles Headlines

Hyundai posts steady profit despite sluggish sales, but U.S. tariffs on vehicles and parts threaten future growth and profitability.

Hyundai profit holds, but U.S. import duties pose risk

CBT News Editorial Team - April 25, 2025

Hyundai posted a modest 0.2% rise in net profit to $2.37 billion for the first quarter of 2025, surpassing analyst expectations despite ongoing challenges in the global automotive market. The...

Articles Headlines

Weekly Roundup: Dealers sue Scout, GM stays course in Mexico, Ford halts China exports

CBT News Editorial Team - April 25, 2025

Earlier this week: California dealers sued VW and Scout Motors to block the direct sales model, seeking $35 million in penalties. GM confirms Mexican EV production will continue despite tariffs....

Daily Automotive News

Today's episode of Inside Automotive, Dave Kelleher shares how proposed tariff changes could hurt car buyers and ultimately lead to layoffs

Dave Kelleher warns tariffs will raise prices, cut jobs across U.S. retail market

Jaelyn Campbell - April 23, 2025

As the Trump administration weighs significant tariff increases on imported goods, Dave Kelleher, president of David Auto Group, is sounding the alarm on what he sees as a ripple effect...

Featured Management & Leadership

Mike Maroone, CEO of Mike Maroone Auto and former president of AutoNation, shares his strategy to navigate the 25% auto tariffs.

Mike Maroone’s three-step strategy to navigate tariffs

CBT News Editorial Team - April 21, 2025

As the automotive industry braces for the impact of a new 25% tariff on imported vehicles, Mike Maroone, CEO of Mike Maroone Auto and former president of AutoNation, offers a...

Featured Management & Leadership

Tariffs

Trump to ease auto tariffs, reimburse automakers and soften parts duties

Porsche allegedly halts U.S. vehicle deliveries as tariff uncertainty looms

Unused capacity at U.S. auto plants highlights complex tariff challenges

Volvo’s U.S. market struggles continue as CEO looks to revive sales

Turning tariffs into opportunity: How dealers can maximize service revenue

Trump considers tariff relief for automakers, White House confirms

Hyundai profit holds, but U.S. import duties pose risk

Weekly Roundup: Dealers sue Scout, GM stays course in Mexico, Ford halts China exports

Dave Kelleher warns tariffs will raise prices, cut jobs across U.S. retail market

Mike Maroone’s three-step strategy to navigate tariffs

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