Tag: Auto News
Tariffs drive Hyundai price warnings, Mercedes losses, LG’s EV battery deal
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Hyundai warns dealers of potential price hikes due to tariffs. Read More
Mercedes-Benz faces $1.7B loss as tariffs threaten U.S. operations. Read More
LG Energy Solution...
Mercedes-Benz faces $1.7B loss as tariffs threaten U.S. operations
Mercedes-Benz has worked to strengthen its manufacturing footprint in the U.S. over the years, including producing some of its vehicles at a Tuscaloosa, Alabama,...
Toyota struggles to meet surging hybrid demand amid supply constraints
High consumer demand, a shortage of critical components, and supplier bottlenecks have led to extended wait times for Toyota's gasoline-electric hybrid vehicles. As more...
Ernie Boch Jr. on building a legacy that goes beyond the...
When it comes to the automotive industry, few names carry the same weight as Ernie Boch Jr. A visionary entrepreneur, philanthropist, and music enthusiast,...
Trump anticipates U.S. auto shift, GM & Ford brace for tariff,...
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Trump anticipates shift to U.S.-made cars amid tariff price hikes. Read More
GM, Ford prepare for impact of 25% auto tariffs. Read More
Volvo reappoints...
GM, Ford prepare for impact of 25% auto tariffs
On Wednesday, March 26, President Donald Trump signed an executive order to impose 25% tariffs on all imported automobiles and auto parts. His administration...
Aston Martin secures funding amid financial challenges
Aston Martin received a $162 million funding boost from its chairman, Lawrence Stroll, to help navigate ongoing financial challenges. The investment comes from Stroll's...
Arson investigation begins after Rome Tesla dealership catches fire
Earlier this morning, a Tesla dealership on the outskirts of Rome, Italy, erupted into flames that destroyed over a dozen of vehicles. Italian police...
Cox Automotive’s Erin Keating breaks down the Q1 2025 Dealer Sentiment...
The latest Cox Automotive Dealer Sentiment Index (CADSI) reveals that U.S. dealers still face challenges in early 2025, with overall sentiment remaining below the...
Sen. Bernie Moreno clarifies Trump’s 25% auto tariffs
In recent weeks, the automotive industry has been in turmoil due to concerns over President Donald Trump’s 25% tariffs on automobiles, which have shaken...
