The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
Category: Automobiles
2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by Tariffs
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
Porsche Is No Longer a ‘Premium’ Sports Car in China
Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German automakers.
Trump’s Tariffs Would Reverse Decades of Integration Between U.S. and Mexico
Ties between the United States and Mexico have deepened over 30 years of free trade, creating both benefits and irritants.
Why Mergers of Carmakers Like Honda and Nissan Often Falter
The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.
C.E.O. of Stellantis, Which Owns Chrysler and Jeep, Resigns
The company, facing slumping sales, announced that Carlos Tavares would step down immediately and that a search for a new chief was underway.
How Trump Could Upend Electric Car Sales
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
Led by Believers in the City’s Future, Detroit Is on the Rebound
Once the largest city in the U.S. to declare bankruptcy, this Midwestern metropolis is now thriving. But some obstacles still remain.