Auto sales surge pre-tariffs, but market braces H2 slowdown
Auto sales during the first half of 2025 were strong, primarily driven by a surge of pull-ahead purchases before President Trump's auto import tariffs went into effect in April. But...
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
trump tariffs
Kia adjusts US operations, slashes incentives amid tariff impact
Kia announced on Thursday that it will adjust its business operations and sales strategies in the United States to further mitigate the impact of the U.S. auto tariffs. The South...
Trump trade deals ease market fears, boost global auto stocks
Global markets rallied as President Donald Trump signed a long-anticipated trade agreement with Japan, capping tariffs on key goods, including autos, at 15%. This rate is lower than earlier threats....
Hyundai reports 16% drop in profit amid US tariff impact
Hyundai Motor reported a drop in second-quarter operating profits on Thursday. The South Korean carmaker, along with its sister company Kia, is the world's third-largest automaker in terms of sales...
Porsche eyes deeper cost cuts amid China slowdown, tariffs
Porsche AG plans to pursue additional cost-cutting measures in response to falling sales in China and rising U.S. tariffs. CEO Oliver Blume told employees in a memo, which was reviewed...
Trump announces 30% tariffs on EU, Mexico
President Donald Trump announced on Saturday that the United States will impose a 30% tariff on the European Union and Mexico starting Aug. 1. He revealed the new rates in...
Trump extends tariff pause, plans new import hikes Aug. 1
President Donald Trump has extended the pause on his “Liberation Day” tariffs until Aug. 1, delaying clarity for automakers and suppliers awaiting long-term U.S. trade policy updates. Starting next month,...
JLR’s quarterly sales plunge 11%
Jaguar Land Rover (JLR) reported a 10.7% drop in first-quarter sales, according to its parent company, Tata Motors. The British luxury carmaker has experienced steep sales declines in the U.S.,...
Automakers relieved as China resumes rare earth magnet supply
Automakers are seeing some relief as China begins approving more rare earth magnet export licenses, easing fears of widespread factory shutdowns. After a severe slowdown in shipments due to Chinese...
Audi holds US prices steady despite declining sales and tariff pressures
Audi is holding off on price increases in the U.S. despite a sharp 19% drop in Q2 vehicle sales, marking its sixth consecutive quarterly decline. The company attributed the downturn...
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