A U.S. car with U.S. parts is a fictional tale,” says Wedbush’s Dan Ives, criticizing U.S. tariffs on imported vehicles and auto parts for creating “pure chaos” in the auto industry and likely driving up the price of a typical car by $5,
Brazil on Wednesday announced the nomination of auto industry executive Dan Ioschpe, who represented Brazil in business meetings at the G20 summit last year, as its "climate champion" for the 2025 United Nations climate summit,
Tariffs set to go into effect on April 2 are expected to have the most impact on the auto industry, worrying business owners in the industry in both Canada and the U.S.
An American Compass analysis attributes the quotas to an 8% increase in the cost of vehicles, more than 100,000 new U.S. jobs, eight new auto assembly plants, 300 new production facilities and more than $25 billon in foreign investment.
It’s not just storm season that body shops like CARSTAR SheerMetal in Plano are bracing for, but also the ripple effect of new tariffs on imported auto parts. Parts experts in the auto industry say those parts are largely sourced from dozens of countries, including South Korea, Japan and Canada.
Indian auto industry remains optimistic despite US tariffs, focusing on monitoring the situation and exploring opportunities for growth.
Automakers General Motors and Ford Motor Company reported first-quarter sales Tuesday, a day before the Trump administration is expected to enact a slate of new tariffs, including on the auto industry.
TORONTO (AP) — Prime Minister Mark Carney said Thursday that Canada will match U.S. President Donald Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States.
Investors are bracing for what President Trump is calling "Liberation Day" when new tariffs are expected this Wednesday. There's an expectation that prices will go up, especially on cars. This morning on Good Day Seattle,