Tag: Tariffs
Study finds Trump’s auto tariffs to cost automakers $108B
A new study from the Center for Automotive Research estimates that President Donald Trump’s 25% auto tariffs, enacted April 3, will increase costs for...
Tesla tumbles 7% as tariff fears resurface and analysts cut price...
Tesla shares fell 7.3% on Thursday to close at $252.40, reversing a major rally from the previous day and adding to mounting investor concerns...
Kentucky Auto Association President Jason Wilson weighs in on new tariffs
As new tariffs take effect, car dealers across the country are watching closely—and none more so than those in Kentucky. Jason Wilson, President of...
Trump pauses new tariffs but exempts U.S. auto industry
Originally published 04/09/25 at 02:19 p.m.
President Donald Trump has sharply increased tariffs on Chinese imports to 125%, citing China’s “lack of respect” for global...
VW Q1 deliveries rise despite China slump, EV sales surge 59%
Volkswagen reported a 1.4% year-over-year increase in global vehicle deliveries for the first quarter, reaching 2.13 million units. The growth was fueled by strong...
Former AutoNation exec, Marc Cannon, warns of uncertainty amid Trump tariffs
As the U.S. auto industry navigates shifting electric vehicle policies, global trade battles, and political polarization, former AutoNation executive and founder of MGC2 Marketing Marc...
Brian Benstock on tariffs and the road ahead for retail automotive
As global trade tensions escalate and economic pressures mount, automotive retailers must adapt and be resilient in the face of economic shifts. In today's...
Edmunds’ Jessica Caldwell on tariffs’ impact on vehicle affordability
As the auto industry celebrates a powerful start to 2025, a new challenge is already shaking market expectations: President Trump's implementation of sweeping tariffs....
Navigating vehicle affordability challenges – Laura Perrotta | NJ CAR
With 25% tariffs on imported vehicles and parts now in effect, dealers across the country—and especially in New Jersey—are grappling with the potential fallout....
Trump threatens 50% tariff on China amid escalating trade tensions
President Donald Trump has warned that the United States will impose an additional 50% tariff on Chinese imports starting Wednesday if Beijing does not...