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Trump will sign an executive order softening the tariff impact for automakers

The auto industry can breathe a little easier when it comes to tariffs. President Trump plans to sign an executive order that will give car and truck manufacturers some relief from import tariffs, amid fears those levies would impact U.S. factories. While the 25% tariffs will remain in place on imported vehicles and auto parts, … Read more

Automakers selling cars in China banned from using ‘autonomous driving’ in ads

China is cracking down on how automakers advertise driver-assistance features, banning terms like “autonomous driving,” “self-driving,” and “smart driving,” Reuters reported, citing a transcript of a meeting between the government and industry representatives. The updated rule will also prohibit automakers from rolling out improvements via software updates to advanced driver-assistance systems in vehicles already in … Read more

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs

Trucks are shown from a drone view after clearing U.S. Customs and entering the United States from Tijuana along the U.S. Mexico border at Otay Mesa port in San Diego, California, U.S. April 2, 2025.  Mike Blake | Reuters DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles were set to take effect, … Read more

Automakers jump on Tesla’s brand woes with discount EV offers

Tesla trade-ins in the U.S. are at an all time high as some owners become disillusioned with Elon Musk’s politics, and some just want to avoid their car getting keyed by Musk haters.  Automakers are pouncing on the opportunity. Polestar, Lucid Motors, Volvo, and Ford — which have long trailed Tesla in EV sales — … Read more

Trump tariffs jolt Asian automakers, shares extend slide

Brand new Toyota cars are displayed on the sales lot at Hanlees Hilltop Toyota on March 4, 2025 in Richmond, California.  Justin Sullivan | Getty Images Newly announced U.S. tariffs on auto imports have rattled Asian automakers, pressuring companies ahead of the implementation of the duties later in the week. U.S. President Donald Trump last … Read more

Shares of Asia’s automakers fall as Trump announces 25% tariffs on car imports

Recently imported brand new unregistered Honda cars are parked in a storage yard at the Port of Bristol on January 15, 2025 near Bristol, England. Anna Barclay | Getty Images Shares of Asia’s automakers fell after U.S. President Donald Trump announced he will impose tariffs on cars not made in the country. Japanese automakers Toyota … Read more

Ferrari CEO says carmaker is ‘ready’ with countermeasures as Europe’s automakers brace for tariffs

Workers on the production line at the new Ferrari NV E-building factory in Maranello, Italy, on Friday, June 21, 2024.  Francesca Volpi | Bloomberg | Getty Images The chief executive of Ferrari on Thursday said the company was prepared for potential U.S. tariffs on European automakers. “We are ready with some countermeasures,” Ferrari CEO Benedetto … Read more

Trump grants automakers one-month exemption from tariffs

In an aerial view, brand new Subaru cars sit in a storage lot at Auto Warehouse Co. on March 4, 2025 in Richmond, California. Justin Sullivan | Getty Images The White House on Wednesday announced a one-month North American tariff exemption for automakers after President Donald Trump spoke a day earlier with heads of General … Read more

Stocks rebound as automakers get some tariff relief

A general view of the factory headquarters in Cologne, Germany, on October 29, 2024, as the IG Metall labor union calls for a one-day strike starting at midnight for better collective bargaining pay for workers.  Ying Tang | Nurphoto | Getty Images U.S. President Donald Trump allowed a one-month pause on tariffs for automakers that … Read more

Trump gives automakers one-month tariff reprieve to move operations from Canada, Mexico to US

President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three automakers — General Motors, Ford, and Stellantis — with the expectation that automakers will move any offshore operations to the United States by April 2. The reprieve, which Politico first reported, … Read more

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