Auto industry embraces tariff relief and will push for more.
General Motors says tariffs could have up to a $5 billion impact this year as it cuts its 2025 profit forecast. Ford CEO Jim Farley says Trump’s import duty changes don’t do enough. Plus, Cox Automotive Chief Economist Jonathan Smoke and the company’s executive analyst, Erin Keating, talk about the likely impacts of the latest tariff moves on the industry.
The moves are an adjustment for many automakers and suppliers that were concerned about the tariffs. Some say the tariff revisions fall short of protecting suppliers.
Technology developed decades ago laid the foundation for today's advanced EVs.
President Donald Trump's tariff policy seeks to increase U.S. auto production. But it’s virtually impossible to build an EV battery from start to finish in the U.S. today.
What will the tariff on my vehicle be? What will the duty on my part be?
As the Trump administration implements auto tariffs, the industry is trying to determine which vehicles will be impacted. Here is a glance at assembly locations for light vehicles sold in the U.S., according to the Automotive News Research & Data Center.
A piston that helps build an engine for a pickup is the starting point for tariffs that apply to a part or a vehicle’s value as it crosses North American borders. Here’s how a vehicle and its parts could face Trump's tariffs.
A 25 percent tariff now applies to vehicles imported to the U.S., with an exception. Ford offers employee pricing for all customers while Stellantis halts some production in Canada and Mexico. Plus, Automotive News Asia Editor Hans Greimel and Executive Editor Jamie Butters talk from the Seoul Mobility Show in South Korea.
Home charging remains a selling point for EVs but is agitating consumers more often because of increases in electricity prices, according to J.D. Power. Some EV owners are also opting for slow chargers that connect to a standard home outlet.