TSLA418.690-3.55%
GM74.520-0.34%
F13.325-0.075%
RIVN13.490-0.3%
CYD50.4100.41%
HMC25.475-0.705%
TM188.010-2.67%
CVNA68.5451.375%
PAG161.670-0.51%
LAD267.1005.18%
AN185.2451.095%
GPI319.6606.04%
ABG180.8701.7%
SAH74.5200.56%
TSLA418.690-3.55%
GM74.520-0.34%
F13.325-0.075%
RIVN13.490-0.3%
CYD50.4100.41%
HMC25.475-0.705%
TM188.010-2.67%
CVNA68.5451.375%
PAG161.670-0.51%
LAD267.1005.18%
AN185.2451.095%
GPI319.6606.04%
ABG180.8701.7%
SAH74.5200.56%
TSLA418.690-3.55%
GM74.520-0.34%
F13.325-0.075%
RIVN13.490-0.3%
CYD50.4100.41%
HMC25.475-0.705%
TM188.010-2.67%
CVNA68.5451.375%
PAG161.670-0.51%
LAD267.1005.18%
AN185.2451.095%
GPI319.6606.04%
ABG180.8701.7%
SAH74.5200.56%


Trump’s Tariffs

Toyota expects its annual operating profits to fall by 20% as a weaker U.S. dollar and new trade tariffs under President Trump.

Toyota warns profits will drop about 20% as tariffs, weak dollar squeeze margins

- May 9, 2025
Toyota expects its annual operating profits to fall by 20% as a weaker U.S. dollar and new trade tariffs under President Trump weigh heavily on earnings, the company announced Thursday.  The...

BMW expects U.S. tariff relief by July, holds 2025 outlook as rivals retreat

- May 7, 2025
The German automaker, BMW, said Wednesday that it expects some U.S. auto tariffs to decline starting in July, noting discussions with American policymakers and signaling confidence in its 2025 financial...
Volvo Cars said it will cut approximately 125 jobs—5% of the workforce—at its Charleston, South Carolina factory.

Volvo to cut 125 jobs at U.S. plant amid trade pressures and market shifts

- May 7, 2025
Volvo Cars said it will cut approximately 125 jobs, or 5% of the workforce, at its Charleston, South Carolina factory as the company adjusts to shifting market conditions and evolving...
GM will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as it adjusts to President Trump's tariffs.

GM cuts shifts in Ontario plant, impacting 700 jobs due to auto tariffs

- May 5, 2025
General Motors (GM) will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as the automaker adjusts its North American operations in response to President...
Jaguar Land Rover has resumed shipping vehicles to the U.S. after a nearly month-long halt triggered by President Donald Trump’s 25% tariff

Jaguar Land Rover resumes U.S. shipments after tariff-related halt

- May 5, 2025
Jaguar Land Rover (JLR)has resumed shipping vehicles to the United States after a nearly month-long suspension triggered by President Donald Trump’s 25% tariff on imported cars and light trucks. The first...
GM has cut its 2025 profit forecast, warning it could take a hit of up to $5 billion due to auto tariffs levied under President Trump.

GM slashes profit outlook amid $5 billion tariff threat

- May 1, 2025
General Motors (GM) has cut its 2025 profit forecast, warning it could take a hit of up to $5 billion due to auto tariffs levied under President Donald Trump’s latest...
Aston Martin Lagonda Global Holdings Plc is scaling back U.S. shipments to cushion the impact of new auto tariffs imposed by President Trump.

Aston Martin curbs U.S. shipments to offset tariff impact

- April 30, 2025
Aston Martin Lagonda Global Holdings Plc is scaling back U.S. shipments to cushion the impact of new auto tariffs imposed by President Donald Trump, the company said Wednesday. While the...
President Trump is expected to ease the financial blow of his newly imposed auto tariffs by allowing reimbursements for automakers.

Trump to ease auto tariffs, reimburse automakers and soften parts duties

- April 29, 2025
President Trump is expected to ease the financial blow of his newly imposed auto tariffs by allowing reimbursements for automakers and limiting overlapping duties on imported materials, according to people...
According to the latest Presidio-NCM Average Dealership Performance Benchmark, the average dealership posted a 3.7% increase.

Presidio-NCM report reveals dealer profit climbs 3.7%, reaching post-pandemic highs

- April 23, 2025
In the first quarter of 2025, franchised U.S. auto dealerships saw a significant rebound in earnings, marking a potential turning point after nearly three years of declining profitability. According to...
Today's episode of Inside Automotive, Dave Kelleher shares how proposed tariff changes could hurt car buyers and ultimately lead to layoffs

Dave Kelleher warns tariffs will raise prices, cut jobs across U.S. retail market

- April 23, 2025
As the Trump administration weighs significant tariff increases on imported goods, Dave Kelleher, president of David Auto Group, is sounding the alarm on what he sees as a ripple effect...


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