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Detroit 3 executives press Trump to temper tariffs as deadline approaches

Ford Motor Co., General Motors and Chrysler parent Stellantis are lobbying the administration to exclude certain low-cost car components from the planned tariffs, people familiar with the matter told Bloomberg.

Vancouver auto show boss on Tesla’s removal and whether it’s welcome back

After rebuffing opportunities to withdraw, Tesla had its full lineup of vehicles set up at the Vancouver Convention Centre when organizers plugged the plug.

BYD has another blockbuster quarter in China as Tesla flounders

BYD has set a goal of selling around 5.5 million vehicles this year, 800,000 of which it forecasts may be exports.

Stellantis Chairman John Elkann to speak at Automotive News Europe Congress

Stellantis Chairman John Elkann will be a speaker at the Automotive News Europe Congress on June 11-12 in Turin.

Hyundai warns U.S. dealers of possible price hikes amid 25% tariffs

Randy Parker, CEO of Hyundai and Genesis Motor North America, told dealers in a note that “current vehicle pricing is not guaranteed and may be subject to change for units wholesaled after April 2.”

Karma Automotive solidifies lineup with focus on energy range-extended powertrains

Karma Automotive has long relied on one nameplate. Its product lineup is set to finally grow and will largely rely on energy range-extended powertrains.

Nissan to get low-cost electric minicar based on €20,000 Renault Twingo

The new Nissan model will appear from 2026 and will share 80 percent of parts with the Renault Twingo, which will sell for less than €20,000.

2025 Ram Heavy Duty: Redefining the monster truck with a new diesel

The refreshed 2500 gains a Cummins high-output diesel engine option delivering 430 hp and 1,075 pound-feet of torque.

VW Group’s Seat CEO Wayne Griffiths quits; interim boss is named

Wayne Griffiths boosted sales of Seat cars and established Cupra as a mass-market sporty brand.

GM’s ‘woefully underutilized’ CAMI plant ideal spot for joint GM-Hyundai vans, analyst says

GM and Hyundai talks centred on co-development and production of certain vehicles, including commercial vans, began last fall. Nothing has been finalized.

Aston Martin billionaire Lawrence Stroll open to taking automaker private

Aston Martin billionaire Lawrence Stroll says he is open to taking the automaker private.

Tesla U.S. sales and EV share are in decline. Has the industry disrupter peaked?

Tesla needs fresh models to stem its sales decline in the U.S., Cox Automotive says. But CEO Elon Musk insists that autonomous vehicles are the future.

Volvo brings back Hakan Samuelsson as CEO as Jim Rowan steps down

Samuelsson, who steered Volvo to record sales and profits during his decade as CEO, replaces Jim Rowan on a two-year term starting April 1.

Trump says he ‘couldn’t care less’ if automakers raise prices for tariffs

President Donald Trump was asked whether he warned foreign automaker CEOs not to raise consumer prices in response to the 25 percent tariffs he plans to impose on their products. “No, I never said that,” Trump said.

Leo Michael cartoon: Stock departure avoidance

Tesla’s stock price dropped 28 percent from Jan. 1 to the March 26 market close, wiping out hundreds of billions of dollars in market capitalization. The Wall Street collapse is in part driven over concerns over Elon Musk’s damage to the brand.

Dealerships prepare for pre-tariff sales onslaught

Analysts say that automakers will most likely absorb some of the higher tariff costs, dealers may see a hit to profitability and consumers will pay the rest. But exactly how that’s all balanced out is anyone’s guess at this point.

Automakers warn new Trump tariffs will boost costs, cut sales

Alliance for Automotive Innovation CEO John Bozzella: “Additional tariffs will increase costs on American consumers, lower the total number of vehicles sold inside the U.S. and reduce U.S. auto exports — all before any new manufacturing or jobs are created in this country."

Ford CEO Jim Farley to employees: U.S. footprint a positive, but tariff impact ‘likely to be significant’

Farley told employees the impact of tariffs is "likely to be significant across our industry." Analysts have warned of higher prices and lower automaker profits.

Daily 5 report for March 28: Trump tariffs could help boost March U.S. sales

U.S. car dealers know they have a significant short-term opportunity in the coming days to sell imported vehicles before tariffs boost sticker prices.

Trump, Carney talk tariffs on ‘extremely productive call’

Prime Minister Mark Carney said trade talks “will intensify to address immediate concerns.”

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By:
Staff and wire reports
Here’s what the auto industry is saying about the effects of Trump’s tariffs

New tariffs will affect every corner of the auto industry. Automakers, dealers and suppliers worry about exorbitant costs, vehicle price increases and maintaining global competitiveness.

Toyota, Honda stand behind Canadian footprints in face of auto tariffs

The two automakers produced more than two thirds of the 1.4-million vehicles assembled in Canada last year.

Trump tariffs will force Europe’s automakers to rethink strategy, ACEA says

Trump’s additional tariffs on auto imports may mean automakers will no longer export certain models to the U.S. to protect earnings.

Tesla could benefit from Trump’s tariffs by undercutting rivals. Here’s how.

Tesla could use its higher level of U.S. content to limit price increases relative to legacy automakers, boosting demand.

Auto industry begins scramble to mitigate tariff disruptions

Cracks could soon begin to show as tariffs pile up on manufacturing supply chains, experts warn. The latest salvo in an emerging trade war is a 25 percent import duty levied by the U.S. on all foreign vehicles effective April 2.

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By:
Kurt Nagl, Crains Detroit Business
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