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...
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
trump tariffs
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...
Tariffs vs free trade: Which is BETTER for American auto?
This has been an interesting debate, tariffs or free trade, President Donald Trump is turning up the heat on the auto industry, signaling that even higher tariffs on imported vehicles...
Mercedes-Benz expects limited Q2 tariff impact, brokerage Bernstein says
Mercedes-Benz expects less than a 3% impact on Q2 profit margins at its core car divisions due to tariffs. The slight de-escalation of trade tensions between the U.S. and China,...
Canada drops digital services tax to salvage derailed trade talks with US
Canada halted the enforcement of its Digital Services Tax (DST) just a few hours before it was set to take effect on Monday in an effort to salvage trade discussions...
U.S. car exports to China plummeted in May
U.S. vehicle exports to China declined dramatically in May as U.S.-China trade relations remain fragile. The volatile relationship between the world's two largest economies has prompted automakers to reduce shipments...
Strong U.S. demand lifts Toyota to record May
Toyota Motor Corporation reported record global sales for May, with a 6.9% year-over-year increase to 898,721 vehicles, marking its fifth consecutive monthly gain. The surge was fueled by strong demand...
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