Mitsubishi Motors announced on Tuesday that it will increase the prices of its U.S. vehicles by an average of 2.1%. The price hike is expected to go into effect on...
General Motors (GM) will invest $4 billion in three of its U.S. manufacturing plants as part of a sweeping plan to shift or expand production of two Mexican-assembled vehicles back...
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...
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 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...
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...
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...
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...
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 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...