Lucid’s CEO Warns of Price Hikes Even for American-Made Cars July 15, 2025 The head of Lucid Group Inc. warned that President Donald Trump’s tariffs will drive up costs to build automobiles —...
Swiss Re: US Tariffs Projected to Slow Global Economy and Insurance Premium Growth July 10, 2025 By L.S. Howard Global growth is slowing as U.S. tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating...
Trump Reveals New Batch of Tariffs From Iraq to Philippines July 9, 2025 By Hadriana Lowenkron President Donald Trump unveiled a new round of tariff demand letters on Wednesday with levies set to hit in August...
Automakers Push EV Sales as $7,500 US Tax Credit Set to End July 9, 2025 By Nora Eckert and Abhirup Roy Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall. Tesla’s...
Trump to Levy 25% Tariffs on Japan, South Korea in August July 7, 2025 By Josh Wingrove and Catherine Lucey President Donald Trump said he’ll impose tariffs of 25% on goods from Japan and South Korea beginning Aug. 1, giving...
Car Sales Hit a Wall as Tariff-Induced Shopping Spree Subsides July 1, 2025 By Keith Naughton, Jade Thomas and Gabrielle Coppola The spring surge in auto sales landed with a thud, setting up a slowdown in the months ahead as carmakers...
The Fallout of The Tariff Wave on Auto Parts June 30, 2025 By Greg Horn The full impact of the tariff increases on auto parts is still not completely clear, but we are starting to...
Trump’s Chip Tariff Threat Sparks Pushback From Auto Industry to Tech June 24, 2025 By Michael Shepard Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from...
Ford Struggles With Supply of Rare Earth Magnets, CEO Says June 13, 2025 By Abhinav Parmar and Nathan Gomes Ford Motor Co.is struggling with supplies of rare earth magnets, the automaker’s CEO Jim Farley told Bloomberg News in an...
Auto-Parts Supplier Marelli Files Bankruptcy, Blames Tariffs June 12, 2025 By Reed Stevenson, Giulia Morpurgo and Dorothy Ma Marelli Holdings Co., the long struggling auto-parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, filed bankruptcy in...