Tag: automotive tariffs
Hyundai Motor America reports record sales, but tariffs could pose future...
Hyundai Motor America has revealed that it had a record-breaking March, which was its best March on record and the second biggest month in...
Dealer roundtable: Weighing the impact of Trump’s auto tariffs
In today's episode of Inside Automotive, host Jim Fitzpatrick is joined by powerhouse trio: Geoffrey Pohanka, NADA board member and chairman of Pohanka Automotive...
Hyundai warns U.S. dealers of potential price hikes
Hyundai is evaluating its pricing strategy as it braces for the tariffs on imported vehicles and parts announced by President Donald Trump. The automaker...
Trump anticipates shift to U.S.-made cars amid tariff price hikes
President Donald Trump said he expects American consumers to shift toward U.S.-made vehicles as a 25% tariff on all imported cars and parts takes...
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...
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...
Trump proposes auto loan interest deduction for U.S.-made vehicles
President Donald Trump has proposed a tax deduction for interest paid on auto loans for U.S.-made vehicles, a move aimed at boosting domestic car...
UAW’s Shawn Fain challenges industry’s tariff concerns, predicts job growth
As the auto industry braces for the impact of impending U.S. tariffs on imported vehicles, United Auto Workers (UAW) President Shawn Fain is rejecting...
Ferrari to raise prices on some models as U.S. tariffs take...
Ferrari has announced price increases of up to 10% on specific models in response to new U.S. import tariffs set to take effect on...
Tom Maoli on tariffs, EV market challenges, and the future of...
With tariffs and economic uncertainty weighing on the automotive industry, dealers are navigating a fast-changing landscape. Tom Maoli, president and CEO of Celebrity Motor...