Auto Lobbying Groups Unite to Pressure Trump for Tariff Relief April 22, 2025 By Keith Laing A coalition of leading automotive industry trade groups is calling on the Trump administration to ease off on plans early...
Average U.S. Vehicle Age Approaching 13 Years, New Report Shows April 21, 2025 By Allen Laman Cars on the road are more than a dozen years old on average and they're getting older.
As Trump Considers Auto Tariffs Pause, Parts Exemptions Could Be Key for US Industry April 17, 2025 By Alexa St. John President Donald Trump hinted that he might temporarily relieve the auto industry from “permanent” tariffs he previously imposed on the...
Tariff Panic Spurs Fastest Retail Sales Growth in Two Years April 17, 2025 By Mark Niquette and Augusta Saraiva Economic data just confirmed what anecdotal evidence had suggested: Consumers are rushing to make major purchases of cars, electronics and...
Goldman Cuts US Auto Sales Estimate by Nearly 1 Million Units Due to Tariffs April 10, 2025 By Abhinav Parmar Goldman Sachs on Thursday cut its estimate for automobile sales in the U.S. for this year by nearly 1 million...
EU Adopts Tariffs on $23B Billion of US Goods in Metals Fight April 9, 2025 By Jorge Valero and Alberto Nardelli The European Union approved tariffs to hit around €21 billion ($23.2 billion) of US goods in retaliation for the 25%...
Insurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers April 9, 2025 By Chad Hemenway Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs. About...
Tariffs Will Lead to 2M Fewer Auto Sales in US This Year, Firm Forecasts April 7, 2025 By Kalea Hall and Nora Eckert U.S. and Canada auto sales could decline by 1.8 million vehicles this year and be stagnant over the next decade...
Fed’s Powell Says Tariff Impact Likely to Be Larger Than Expected April 4, 2025 By Craig Torres and Amara Omeokwe Federal Reserve Chair Jerome Powell said the economic impact of new tariffs is likely to be significantly larger than expected,...
Trump’s Tariffs Send Deliberate Shock to Heart of Global Economy April 3, 2025 By Shawn Donnan and Enda Curran As U.S. President Donald Trump laid out a wave of new tariffs that will take average levies to their highest...