On June 21, Toyota Motor Corp. said it will raise prices for some vehicles sold in the U.S. by an average of USD 270 starting in July. Prices for Lexus models will also increase by an average of USD 208.
While Toyota’s decision follows President Trump’s imposition of a 25% tariff on imported vehicles and auto parts,

On June 19, Canadian Prime Minister Mark Carney announced new measures to help stabilize Canada's steel and aluminum sectors that have been hard hit by U.S. President Trump's tariffs, made even worse with low-price imported steel being directed to Canada. 
The new federal program includes a quota on foreign steel and

On June 16, the Society of Motor Manufacturers and Traders (SMMT) issued a statement welcoming the UK-U.S. trade deal. SMMT stated that it will help the automotive sector avoid the severest level of tariffs and enable many manufacturers to resume deliveries imminently.
It will also bolster the confidence of important

On June 16, U.S. President Trump and UK Prime Minister Keir Starmer of Britain said that they had finalized their trade agreement to lower tariffs on British cars, steel and aluminum, and aerospace equipment, finalizing a deal they struck in May to lower barriers on some British goods.
In an executive order issued mo

On June 16, U.S. President Donald Trump and Canadian Prime Minister Mark Carney agreed to put a deadline on sorting out bilateral trade irritants and getting some sort of deal on tariffs in the next 30 days.
The Prime Minister's Office (PMO) said the two leaders met on the sidelines of the G7 summit and agreed the tr

On June 17, Cars.com unveiled its 20th annual American-Made Index (AMI). Released amid rising tariffs and inflationary pressures, this year's index is of interest to OEMs, suppliers, consumers, and the U.S. government.
The American-Made Index ranks cars based on five factors: 
   •    Location(s) of final assembly
 

On June 16, U.S. President Donald Trump sounded optimistic about a trade deal as he met with Prime Minister Mark Carney at the G7 summit in Alberta.
Speaking briefly to reporters ahead of the bilateral meeting before the wider G7 summit got underway, Trump said the "primary focus" of this meeting for him is "trade wi

On June 13, Korean multiple sources reported that Hyundai Steel has signed a deal to supply GM Korea with approximately 100,000 tons of automotive steel annually, starting as early as September. This supply will replace the volume previously sourced from China’s Baoshan Iron & Steel, the world’s largest steelmaker by

On June 11, GM CFO Paul Jacobson gave an update on GM’s strategy for mitigating the costs associated with new U.S. tariffs while speaking at the Deutsche Bank Global Auto Industry Conference. 
GM believes it can offset the effects of the tariffs by about 30% through increased domestic manufacturing for both vehicles

On June 10, Ford of Canada CEO Bev Goodman said that the company’s CAD 3-billion project to retool its Oakville Assembly Complex is “well in the works” despite tariffs hanging over the North American auto industry, though “it will be late 2026 before we see trucks rolling off the line”. 
Ford said crews poured the fo

On June 12, multiple sources reported that the United States rejected India’s request for talks at the WTO (World Trade Organization) over tariffs on automobiles and parts. The US stated the tariffs were needed to protect national security. A 25% tariff on all auto imports has been in place since April 3, 2025.
Based

On June 12, President Trump told reporters in Washington D.C. that he would send letters to U.S. trade partners in the coming weeks to formally establish new tariff terms.
“We’re going to be sending letters out in about a week and a half, two weeks, to countries, telling them what the deal is,” Trump said. “And I thi

On June 12, U.S. President Trump warned he may soon hike auto tariffs further, arguing that could push OEMs to speed U.S. investments.
"I might go up with that tariff in the not too distant future," Trump said at a White House event. "The higher you go, the more likely it is they build a plant here."
OEMs, in the mea

On June 11, U.S. President Donald Trump and Chinese officials announced they have agreed to a framework for a trade deal between the two countries, setting tariffs, allowing students to attend U.S. universities and easing restrictions on trade in rare earths.
“Our deal with China is done, subject to final approval wi

On June 5, Statistics Canada released figures showing the country posted its largest merchandise trade deficit on record in April at CAD 7.1 billion as exports fell sharply in the face of U.S. tariffs. Statistics Canada said the result for April, the most recent month for which data is available, followed a deficit o

On June 6, the National Auto Parts Industry (INA) expressed concern over the U.S. decision to double tariffs on Mexican steel and aluminum derivatives from 25% to 50% under Section 232.
INA warned that this move threatens the competitiveness of Mexican auto parts manufacturers and the stability of North American supp