Business
Stocks Slump Ahead of Trump’s Auto Tariffs
Stocks slumped on Wednesday ahead of President Trump’s announcement of tariffs on auto imports, as investors braced for levies that could…
Tag
Automobiles
Politics
Trump’s Tariffs on Autos Would Hit Europe Hard
After months of threats, the White House unveiled plans on Wednesday to impose tariffs on automobiles imported to the United States, a…
Politics
Auto Tariffs Are Likely to Lead to Much Higher Car Prices
New cars will probably become much more expensive in the United States after President Trump imposed a new 25 percent tariff on…
Politics
Trump to Announce Tariffs on Foreign Cars
President Trump will announce auto tariffs during a news conference on Wednesday afternoon, Karoline Leavitt, the White House press…
Politics
Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs
Hyundai Motor, a South Korean conglomerate known for its automobiles, will invest $21 billion to expand manufacturing in the United States…
Politics
Trump’s Car Tariffs Worry Toyota and Japan’s Automakers
Before the election, Toyota Motor and other Japanese automakers thought a second Trump administration could be good for them. President…
Business
Incredible $40 Million Supercar Collection Showcases Rare International Automobiles
Read the full story on Modern Car Collector An astonishing private car collection, valued at $40 million, is capturing attention for its…
Business
Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
Shares of Tesla had been on a tear since Donald J. Trump won the presidential election. Investors were betting that the carmaker would…
Business
Nikola, Electric Truck Maker, Files for Bankruptcy
Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on…
News
Why Porsche Is No Longer a ‘Premium’ Sports Car in China
After decades of dominating China’s market for high-performance cars with precision engineering, German automakers are losing out to…
Politics
Trump’s Tariffs Could Worsen Europe’s Economic Slowdown
President Trump’s promise to hit the United States’ trading partners with tit-for-tat tariffs — including penalties for taxes that he…
Business
Honda and Nissan Scrap $50 Billion Merger Plan
A $50 billion merger between Honda Motor and Nissan Motor, which would have established one of the world’s largest auto groups, has been…
Politics
Ford Chief Executive Says Trump Policies May Lead to Layoffs
Ford Motor could be forced to lay off employees if the Trump administration ends subsidies and other financial support for electric…
Politics
Steel and Aluminum Tariffs May Raise US Manufacturing Costs
America has seen this movie before: President Trump, who imposed stiff tariffs on Monday on imported steel and aluminum, did so once…
Business
Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics
Tesla’s sales in Germany plunged 59 percent in January, the month when Elon Musk, the company’s chief executive and a close adviser to…
Business
Honda and Nissan Merger Talks in Peril
Nissan Motor and Honda Motor have hit a standstill negotiating the terms of a merger, announced less than two months ago, that would have…
Politics
Trump Wants to Know Why U.S. Cars Are Rare in Germany. Here Are a Few Reasons.
It is a question that vexed President Trump eight years ago and has re-emerged as a reason behind his threat to impose tariffs on the…
Politics
From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
President Trump’s tariffs target countries that are major suppliers of a wide range of goods to the United States. For American families,…
Politics
Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada,…
Politics
Trump’s Tariffs Would Reverse Decades of Integration Between U.S. and Mexico
When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with…
Business
Tesla and Chinese Carmakers Could Reap Billions From EU Emissions Rules
As European automakers brace for a possible trade war waged by President Trump, they are working to ward off another threat on their home…
Business
Tesla’s Profit Fell Sharply Last Year
Tesla on Wednesday reported a sharp drop in profit for 2024 as rivals in China, Europe and the United States chipped away at its lead in…
Politics
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors executives are closely tracking President Trump’s plans to impose tariffs on imports from Canada and Mexico, but the…
Politics
E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they…