Election 2024
Donald Trump wins presidency, creating new round of uncertainty for automotive industry
Share
Expand
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)
By:
Molly Boigon
Last Updated
November 06, 2024 02:54 PM
Featured Stories
EV launch delays pile up ahead of Trump’s return to White House
Changes afoot at Stellantis after Carlos Tavares’ departure
Dealership construction projects booming in automotive retail world
VW Group’s Cupra plots U.S. debut with big assist from Penske