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vehicles

Pressure mounting for EV expansion in North America

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The pressure for widespread adoption of electric vehicles is increasing worldwide, including at home in the US. UK’s Prime Minister Boris Johnson announced a ban on vehicles powered solely by gasoline or diesel in what has been called the “green industrial revolution”. The plan is to phase out fossil fuel-powered vehicles by 2030 – an […]
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tariffs

Auto industry leaders sue US over Chinese import tariffs

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Lawsuits have been filed with the Court of International Trade by four carmakers to recoup reimbursement for duties paid on car parts imported from China. The news story from has been reported by several news outlets worldwide including BBC, The Guardian, and Industry Leaders Magazine, again portraying the Trump tariffs in a negative light. Filings […]
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China

U.S. putting pressure on China, considers blacklisting chipmaker

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Earlier this year, Chinese carmakers were attempting to be the first to crack into the American auto market. Brands such as GAC Motor and Vantas were expected to target the auto industry in the US with low-cost models, capturing a part of a 17 million-unit per year sector. Instead, the tables have turned as the […]
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Trump

Trump Announces Tariff on Canadian Aluminum, Heating Up Trade Dispute

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On Thursday, August 6th, President Donald Trump announced the United States would be re-imposing 10 percent tariffs on aluminum imports from Canada. The highly controversial announcement comes just five weeks after the US-Canada-Mexico Agreement went into effect, replacing the old North American Free Trade Agreement. After initially imposing the tariffs on aluminum and steel in […]
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consumer

Deloitte Survey Identifies Consumer Confidence Growing in US

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Since April 19th, Deloitte has conducted the State of the Consumer Survey bi-weekly to analyze how the public perceives the effect of the global health crisis on their lives. Initially, the April survey identified that most areas of the world had increasing anxiety, save for Netherlands, South Korea, and Germany. China was virtually neutral. Over […]
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EVs

An Electric Vehicle Sales Surge in 2021? Fast Facts About...

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Are electric vehicles finally having their heyday? It is possible that 2020 could be the beginning of the EV surge that many have predicted. With the environmental impact of more individuals staying home due to COVID-19, people are starting to notice the effect traditional cars can have on the environment. Therefore, the conversation around EVs […]
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New Zealand

What New Zealand’s Reopening Means for the United States’ Auto...

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New Zealand has officially reopened for business. After being in strict pandemic lockdown since March 23th, the small nation in the southwestern Pacific Ocean has declared they’ve eradicated the coronavirus and are ready to resume normal living. Prime minister Jacinda Ardern said, “”Today, I can announce that [the] Cabinet has agreed, that we will now […]
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USMCA

What Effect the USMCA Will Have on the Automotive Sector

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The United States has ratified the United States-Mexico-Canada Agreement on April 24th and has notified its trade partners in the agreement. That makes way for the USMCA to go into effect on July 1st, 2020, according to U.S. Trade Representative Robert Lighthizer. It comes at a crucial time for the American economy. Virtually all industries […]
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tariffs

Auto Tariffs Still in Play in Q1 2020

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In January, supply chain planning software solutions provider Kinaxis released predictions for 2020 in the automotive industry. While advancing electric vehicle development and continued mergers and acquisitions are predicted, they also predicted that tariff concerns would linger. The industry watched closely as the new NAFTA agreement, called the United States-Mexico-Canada Agreement (USMCA) was signed into […]
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ev buyers

What Do EV Buyers Look Like?

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The 2019 fourth-quarter Experian Automotive Quarterly Briefing has been released. Its pages detail numerous segments in auto retail from used car ownership changes to new vehicles in service, and broken down into segments. One enlightening section highlights data regarding a growing customer base, the electric vehicle buyer.  Where are Electrics Vehicles Most Frequently Purchased? A […]
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