BMW to build electric iX5 and iX7 in U.S. despite tariff shifts
German luxury automaker BMW is moving forward with plans to build fully electric versions of its iX5 and iX7 SUVs at its Spartanburg assembly plant in South Carolina, despite recent...
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
TSLA393.450-31.85%
GM76.0000.48%
F13.350-0.29%
RIVN18.6301.45%
CYD43.390-2.9%
HMC28.0200.76%
TM174.5904.93%
CVNA68.5900.72%
PAG179.4202.34%
LAD306.23015.93%
AN186.4102.08%
GPI288.3901.79%
ABG205.4007.38%
SAH83.7300.68%
Trump’s Tariffs
U.S. auto sales slow in May as tariff pressures and inventory challenges mount
Retail momentum in the U.S. auto market slowed in May, with several automakers still reporting gains despite a cooldown from the tariff-driven sales rush seen in March and April. New...
Nissan CEO vows to fix automaker as sales slide and tariff pressure mounts
Nissan CEO Ivan Espinosa said the automaker is undergoing a major overhaul to address deep-rooted structural issues and stabilize its deteriorating performance. Speaking Wednesday on CNBC’s Squawk Box Europe, Espinosa...
EU warns of swift retaliation as Trump threatens 50% tariffs on imports
The European Union (EU) is accelerating trade negotiations with the U.S. and warning of swift retaliation as President Donald Trump threatens to impose sweeping 50% tariffs on nearly all EU...
Trump doubles steel tariffs to 50%
According to President Donald Trump’s post on Truth Social, he announced that tariffs on steel imports will double to 50%, a move aimed at strengthening the domestic steel industry, effective...
Jim Ganther warns dealers about California’s ‘CARs Rule’ revival and compliance rules
In the latest episode of Training Camp with Adam Marburger, Jim Ganther—co-founder and CEO of Mosaic Compliance Services—returns to discuss the state-level revival of the FTC’s CARs rule, the legal...
Used car prices surge past $30K as supply shrinks, report says
According to a new report from Edmunds released May 22, used vehicles are more expensive than they've been in years. The average transaction price for used vehicles three years old...
Subaru joins Ford in raising prices as tariffs squeeze automakers
Subaru is raising prices across much of its lineup beginning in June, with some models increasing by more than $2,000, as automakers feel mounting pressure from tariffs imposed by the...
Trump advocates for renegotiation of USMCA trade agreement amid national security concerns
President Donald Trump is calling for the renegotiation- or possible termination– of the U.S.-Mexico-Canada Agreement (USMCA), five years after touting it as a major economic achievement. The announcement follows a...
U.S. and China slash tariffs in surprise trade truce
In a move few expected, the United States and China agreed on Monday to a sweeping rollback of the tariffs that had fueled fears of a global trade war and...
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