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.
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.
Prime Minister Mark Carney said trade talks “will intensify to address immediate concerns.”
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.
The two automakers produced more than two thirds of the 1.4-million vehicles assembled in Canada last year.
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 use its higher level of U.S. content to limit price increases relative to legacy automakers, boosting demand.
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.
The British government is working to save Jaguar Land Rover, Rolls Royce and Aston Martin from President Trump's tariffs on U.S. auto imports.
Stellantis’s U.S. sales are heavily dependent on factories in Mexico and Canada. A report says tariffs could reduce earnings by 75 percent this year.
Trump’s 25 percent tariff could wipe out around a quarter of Porsche and Mercedes’ projected 2026 operating earnings, Bloomberg estimates.
J.D. Power and GlobalData jointly predict U.S. sales will rise 5.5 percent to 1.5 million vehicles in March. Cox Automotive said sales for the month will tally 1.43 million, a 1.4 percent dip.
President Trump’s tariffs on auto imports set to take effect April 3 are expected to raise new-car sticker prices across the industry. The effects could be particularly pronounced at the low end of the market.
Buy-Canadian movements have sprouted and withered in the past. There are reasons to think this time will be different.
Our coverage going forward will continue to stay on top of all the tariff controversies. It’s a good bet that this looming trade war between the U.S. and its allies will get worse before it gets better.
President Donald Trump's tariffs are quickly adding up. Here's a look at what's in effect now, what's coming up and how new levies are impacting auto manufacturers.
Luxury brands have grabbed a larger share of the U.S. new-vehicle market in recent years as affluent households maintained spending, though tariffs will push prices further out of reach of consumers.
As the quest for scale ramps up across the industry, Toyota Chairman Akio Toyoda, head of the world’s biggest carmaker, cautions automakers on its pitfalls.
Strong sales of the Nissan Ariya, Toyota bZ4X and VW ID4 made Norway one of Europe’s fastest growing markets in February.
Pressure is rising on Mexican President Claudia Sheinbaum to show she can protect Mexico’s economy and jobs as President Trump ratchets up his tariff plans.
For 2026, the Sierra EV will come with the AT4 off-road variant and the base Elevation trim level, in addition to the high-end Denali pickup, the brand said. It also will have three different battery choices with varying ranges at multiple price points.
Geely, aiming to streamline operations and improve efficiency, has accelerated the adoption of smart driving technologies across its brands after consolidating several engineering teams employing thousands of people and partnering with AI company Qianli Technology.
President Donald Trump suggested further tariffs would be imposed on the European Union and Canada if they worked together “to do economic harm” to the U.S.
Hyundai Motor Group has three plants operating in the U.S., but will continue to stay flexible to navigate uncertainties around auto tariffs.
Lana Payne, president of Unifor, which represents thousands of hourly workers at Detroit 3 plants and parts makers, denounced the tariffs as an “unjust assault on the Canadian economy and autoworkers.”
The Bigster is priced thousands below top-selling SUVs such as the VW Tiguan and Hyundai Tucson.
