GM, Ford prepare for impact of 25% auto tariffs
On Wednesday, March 26, President Donald Trump signed an executive order to impose 25% tariffs on all imported automobiles and auto parts. His administration has stated that these measures will...
TSLA422.240-21.06%
GM74.860-2.89%
F13.410-1.07%
RIVN13.790-0.73%
CYD50.000-1.02%
HMC26.1800.51%
TM190.6800.18%
CVNA67.170-2.36%
PAG162.180-6.88%
LAD261.920-12.84%
AN184.150-8.5%
GPI313.620-20.71%
ABG179.170-13.92%
SAH73.960-3.88%
TSLA422.240-21.06%
GM74.860-2.89%
F13.410-1.07%
RIVN13.790-0.73%
CYD50.000-1.02%
HMC26.1800.51%
TM190.6800.18%
CVNA67.170-2.36%
PAG162.180-6.88%
LAD261.920-12.84%
AN184.150-8.5%
GPI313.620-20.71%
ABG179.170-13.92%
SAH73.960-3.88%
TSLA422.240-21.06%
GM74.860-2.89%
F13.410-1.07%
RIVN13.790-0.73%
CYD50.000-1.02%
HMC26.1800.51%
TM190.6800.18%
CVNA67.170-2.36%
PAG162.180-6.88%
LAD261.920-12.84%
AN184.150-8.5%
GPI313.620-20.71%
ABG179.170-13.92%
SAH73.960-3.88%
Trump’s Tariffs
Sen. Bernie Moreno clarifies Trump’s 25% auto tariffs
In recent weeks, the automotive industry has been in turmoil due to concerns over President Donald Trump’s 25% tariffs on automobiles, which have shaken the global market. In today’s special...
Trump proposes auto loan interest deduction for U.S.-made vehicles
President Donald Trump has proposed a tax deduction for interest paid on auto loans for U.S.-made vehicles, a move aimed at boosting domestic car production while counteracting potential price increases...
UAW’s Shawn Fain challenges industry’s tariff concerns, predicts job growth
As the auto industry braces for the impact of impending U.S. tariffs on imported vehicles, United Auto Workers (UAW) President Shawn Fain is rejecting the widely held belief that these...
Ferrari to raise prices on some models as U.S. tariffs take effect
Ferrari has announced price increases of up to 10% on specific models in response to new U.S. import tariffs set to take effect on April 2. The Italian luxury automaker...
Trump’s tariff plans could unravel USMCA agreements
Although the U.S.-Mexico-Canada Agreement (USMCA) is scheduled for review in 2026, President-elect Donald Trump's controversial 25% tariff threats may accelerate changes to the agreement. These proposed tariffs, part of Trump's...
Broad-based Auto Tariffs Could Be Devastating to Economy – Cody Lusk, AIADA
Cody Lusk, President, and CEO of the American International Automobile Dealers Association joins CBT Automotive Network to talk about the on-going trade war with the U.S., Mexico, Canada, and the EU and...
Automakers Bracing for Potentially ‘Devastating’ Tariff Consequences
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,...
Daimler Profit Projections Lowered with Escalating Trade Tariffs
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...
Studies Find Trump Auto Tariffs Will Cut into Economy
The Trump administration is considering a tariff increase to 25 percent on imported vehicles and auto parts intended to bolster the domestic auto industry, however two new studies have predicted...
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