CategoryElection 2024

Donald Trump wins presidency, creating new round of uncertainty for automotive industry

Donald Trump declares victory on Nov. 6.
As president, Donald Trump may take steps to further isolate Chinese vehicle and parts manufacturers to protect the domestic supply chain. However, the new administration can be expected to target Biden-era tax credits, to the detriment of manufacturers that have invested heavily in new electric drivetrains. (EVA MARIE UZCATEGUI/BLOOMBERG)
Last Updated
November 06, 2024 02:54 PM