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U.S. President Donald Trump and CEO of Ford Jim Farley clap, as President Trump visits a Ford production center, in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters DETROIT — The only consistency has been inconsistency for the U.S. automotive industry during the first half of this decade — a trend that’s expected […]
General Motors is on track to end 2025 as the top US-traded automaker stock – far outpacing American rivals like Ford, Tesla and Stellantis. The stock has soared more than 55% so far this year to a record price of more than $80 a share as of Monday’s close – setting the automaker up for […]
TOKYO — President Trump announced Toyota has promised $10 billion in investments toward new manufacturing plants in the US — urging people to “go out and buy a Toyota” in a wide-ranging speech to sailors aboard the USS George Washington Tuesday in Tokyo Bay. Trump, who is making trade and economic deals a top goal […]
GM Hummer EV production in Detroit. Photo by Jeffrey Sauger for General Motors DETROIT — Shares of the Detroit automakers closed higher Friday following an afternoon report that President Donald Trump is considering “significant tariff relief” for the production of vehicles in the U.S. Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted […]
Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week […]
Follow live updates on today’s jobs report and the global market turmoil from Trump’s tariffs. Tariffs on imported vehicles took effect Thursday, a policy that President Trump said would spur investments and jobs in the United States but that analysts say will raise new car prices by thousands of dollars. The 25 percent duty applies […]
The auto industry witnessed a different kind of March madness last month as buyers flocked to dealerships to lock in deals before President Trump’s auto tariffs lift prices by thousands of dollars, several carmakers said. “This past weekend was by far the best weekend I’ve seen in a very long time,” Randy Parker, the chief […]
The tariffs on cars and auto parts that President Trump announced on Wednesday will have far-reaching effects on automakers in the United States and abroad. But there will be important differences based on the circumstances of each company. Tesla The company run by Mr. Trump’s confidant, Elon Musk, makes the cars it sells in the […]
A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — Tariffs announced Saturday by the Trump administration of 25% on goods from Canada and Mexico as […]
Automakers recalled millions of vehicles over the course of 2024 to address a variety of issues, typically related to the safety of the driver and passengers. The five recalls with the largest potentially affected vehicle populations this year came from four different automakers: Tesla, Ford, Honda and FCA US, per the National Highway Traffic Safety Administration […]
