EU car sales to the US in 2024 totaled $43.9 billion versus American sales to Europe of about $8.9 billion Most people around the world either need or want to buy a car. But when it comes to... Read more
Canada has launched a complaint with the World Trade Organization over the steep tariff imposed on car imports by US President Donald Trump, the global trade body said Monday. “Canada... Read more
President Donald Trump’s auto tariffs, which went into effect at 12:01 am ET on Thursday, have the potential to upend a crucial American industry and raise the cost of tens of millions of ca... Read more
Just this week, Tesla boasted as anxieties swirled over tariffs on automobiles. “Btw, Teslas are the most American-made cars,” the official Tesla account posted on X on Sunday. That’s true,... Read more
Risk of higher tariff on components drives the automaker to change sources Honda Motor will procure batteries for its hybrid vehicles (HVs) from Toyota Motor’s plant in the U.S., Nikke... Read more
President Donald Trump has said that automakers can avoid his tariffs by simply moving production to American plants. But it’s not that easy. Not by a long shot. A wide variety of tariffs ha... Read more
There’s no denying that electric vehicles are the future of mobility. Petroleum and other fossil fuels are quickly depleting, and hydrogen-powered vehicles aren’t yet ready for t... Read more
Automakers Warn of Supply Chain Chaos and Sales Declines Impending tariffs on Canada and Mexico risk driving up U.S. car prices by as much as $12,000, further squeezing consumers and wreakin... Read more
Hyundai Boosts U.S. Manufacturing to Align with Trump’s Trade Policies During the U.S.-Japan summit on Feb. 7, U.S. President Donald Trump announced his consideration of imposing tarif... Read more
Unlike parent company Volkswagen, the Audi and Porsche brands currently have no production sites in America. Newly re-inaugurated U.S. president Donald Trump has promised myriad plans to imp... Read more