Tariff tensions return as Trump targets European imports
On the Dash:
European auto stocks fell sharply after Trump threatened new U.S. tariffs to take effect on Feb. 1.
Automakers are already facing trade, China, and EV headwinds, which...
TSLA372.85118.741%
GM78.350-0.96%
F12.040-0.23%
RIVN14.395-0.365%
CYD31.760-0.5%
HMC31.340-0.28%
TM181.260-2.08%
CVNA64.4601.42%
PAG204.3301.49%
LAD310.6554.585%
AN165.3300.34%
GPI250.820-5.88%
ABG177.610-0.86%
SAH63.730-0.03%
TSLA372.85118.741%
GM78.350-0.96%
F12.040-0.23%
RIVN14.395-0.365%
CYD31.760-0.5%
HMC31.340-0.28%
TM181.260-2.08%
CVNA64.4601.42%
PAG204.3301.49%
LAD310.6554.585%
AN165.3300.34%
GPI250.820-5.88%
ABG177.610-0.86%
SAH63.730-0.03%
TSLA372.85118.741%
GM78.350-0.96%
F12.040-0.23%
RIVN14.395-0.365%
CYD31.760-0.5%
HMC31.340-0.28%
TM181.260-2.08%
CVNA64.4601.42%
PAG204.3301.49%
LAD310.6554.585%
AN165.3300.34%
GPI250.820-5.88%
ABG177.610-0.86%
SAH63.730-0.03%
Trump’s Tariffs
Commerce secretary confirms lower U.S. tariffs on South Korean imports
On the Dash:
The U.S. will lower tariffs on South Korean autos and other imports to 15%, retroactive to November 1.
South Korea has pledged $350 billion in strategic investments...
Wingtech appeals to Dutch Supreme Court as Nexperia dispute threatens auto chip supply
On the Dash:
Wingtech is appealing to the Dutch Supreme Court to regain control of Nexperia, alleging government interference and violations of due process.
Despite a temporary truce that reopened...
Supreme Court tariff case could cost auto industry $1.8 billion, affect vehicle sales
On the Dash:
A Supreme Court ruling on IEEPA tariffs could cost automakers $1.8 billion annually, including $902 million for the Detroit Three.
Higher costs and economic uncertainty may reduce...
US, South Korea reach deal lowering auto tariffs and unlocking $350 billion investment
On the Dash:
Tariffs on Korean autos and parts drop from 25% to 15%, retroactive to November 1.
South Korea commits $350 billion to the U.S. in phased investments, with...
Toyota posts 3% global sales increase as hybrids fuel U.S. demand
On the Dash:
Global sales rose 3% in September to 949,153 vehicles; production climbed 9% to 1.03 million.
U.S. sales surged 14% as hybrids made up 42% of Toyota’s first-half...
GM lays off over 200 employees after raising 2025 profit outlook
On the Dash:
GM aims to continue efficiency improvements while pursuing profitable vehicle segments.Â
Further strategic decisions regarding staffing and operations may follow as market and policy conditions evolve.Â
The...
Canada cuts tariff-free vehicle imports from Stellantis and GM amid production shifts
On the Dash:
Canada cuts Stellantis’ tariff-free imports by 50% and GM’s by 24.2% over reduced domestic production.
Stellantis and GM face pressure to honor government-backed production commitments or risk...
Tesla posts record Q3 revenue, profit falls short of expectations
On the Dash:Â
Tesla’s Q3 revenue hit $28.1 billion, boosted by last-minute EV tax credit demand, but EPS of 50 cents fell short of the 55-cent estimate.
Tariffs, R&D, stock-based...
Trump administration imposes 25% tariffs on imported trucks, extends automaker relief through 2030
On the Dash:
25% tariffs on imported medium- and heavy-duty trucks and parts begin Nov. 1, with a 10% duty on buses.
U.S. automakers receive extended 3.75% production credits through...
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