Tariffs of 25% on imports from Canada and Mexico threaten to exacerbate an automotive affordability crisis that is already driving buyers out of the market.
March 3, 2025automaker News Updates
Tariffs Could Raise US Car Prices by Up to $12,000
Trump Signals 25% Tariffs on Auto, Tech, Drug Imports
President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.
February 18, 2025Trumps Latest Trade Move: Tariffs on Imported Cars
The move is the latest in a rapidly widening trade war as Trump delivers on his campaign pledges to institute sweeping tariffs on U.S. allies and rivals alike.
February 14, 2025Stellantis Pauses Key Decisions, Awaits Trump Policies
The automaker hasnt decided where to build certain new vehicles such as the replacement for the Jeep Cherokee midsize SUV, which ceased production in the key segment in 2023.
January 10, 2025Former Suzuki Boss Osamu Suzuki Dies at 94
TOKYO Osamu Suzuki, the charismatic former boss of Suzuki Motor Corp. who helped turn the Japanese mini-vehicle maker into a globally competitive company, has died at 94.
December 27, 2024Automakers Urge Trump to Ease Fuel Efficiency Rules
An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from unfair practices by China.
November 21, 2024Stellantis Targets Management Changes After Profit Warning
Stellantis CEO Carlos Tavares may present his proposal at a board of directors meeting in the U.S. this week, said the people, who asked not to be identified discussing confidential information.
October 9, 2024Foreign Carmakers Outproduce Detroit Brands in US
Foreign-owned manufacturers churned out more vehicles in the U.S. last year than their rivals in Detroit, a first for the market that underscores major shifts in domestic auto production.
July 9, 2024Automakers Face Workarounds Due to Port of Baltimore Closure
The Maryland bridge collapse that severed access to the Port of Baltimore early March 26 is expected to cause some shipping delays and logistical headaches for the auto industry.
March 27, 2024New UAW Unionizing Drive Targets 13 Nonunion Automakers
The United Auto Workers union is launching simultaneous, public organizing campaigns at more than a dozen automakers including Toyota Motor Corp., Volkswagen AG and Tesla Inc.
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