On October 22, President Trump said in a Truth Social post that the CEOs of General Motors and Ford Motors called him to express gratitude for the tariffs he imposed on mid-size and large truck imports.
On October 17, Trump had issued a proclamation of 25% tariffs on trucks and truck parts, with a 3.75% offset on the

On October 21, Canadian Prime Minister Mark Carney confirmed there is a possibility for a new sectoral tariff deal with the U.S. by the end of this month, but is cautioning against being overly optimistic. “We’re in ongoing discussions with the Americans, and you know,” Carney said. “I wouldn’t overplay it,” Carney t

In her letter to shareholders, amid tariff pressures, falling profits, and hits to past EV investment strategies, GM CEO Mary Barra noted that the company had achieved its highest third-quarter market share since 2017, and that its restructured China business was profitable once again. Based on our performance, GM is

In a proclamation on October 17, President Trump announced he was formally imposing a 25% tariff on medium- and heavy-duty trucks (Class 3–8 vehicles) and truck parts, including engines, transmissions, tires, and chassis, as well as a 10% tariff on imported buses (school, transit, and motor coaches), while extending

On October 16, the Anderson Economic Group (AEG) announced that the estimated burden on U.S. automakers from tariffs on imported Canadian and Mexican autos and auto parts through October 2025 will exceed USD 10.6 billion. 
The figure include only the two major categories of motor vehicle imports, and does not include

The Trump Administration is poised to ease tariffs on the U.S. auto industry in a move that follows aggressive lobbying efforts by automotive OEMs. The Commerce Department is slated to announce a five-year extension for an arrangement that allows OEMs to reduce what they pay in tariffs on imported car parts, accordin

On October 16, Canadian Prime Minister Mark Carney told reporters that the global head of Stellantis told him shortly before the company announced it would be moving planned production of the Jeep Compass to Belvidere, Illinois from its plant in Brampton, Ontario, that the company is looking at finding a new model to

VW Canada will count on a number of redesigned models, hybrid powertrains and a balanced approach to tariff costs to augment growth in Canada amid tariffs and trade tensions, according to VW Canada President Edgar Estrada at an industry event in Toronto on October 14.
Estrada said the company is already adapting cert

On October 17, upon releasing its Q3 2025 results, the Volvo Group said that in Q3, its net sales had increased in Europe, while more difficult market conditions in North America and South America impacted sales negatively.
Volvo said it expects trucking demand in North America to remain under pressure into 2026, as

Reported on October 13, 2025, the Malaysian Automotive Association (MAA) highlighted the absence of an extension for import and excise duty exemptions on fully imported (CBU) electric vehicles (EVs) in Budget 2026. While supporting the government’s focus on locally assembled (CKD) EVs, MAA urged continued incentives

On October 14, Stellantis announced plans to invest USD 13 billion over the next four years to support the introduction of five new vehicles across the brand portfolio, production of an all-new four-cylinder engine, and R&D efforts.
The new investment, its largest in history, will increase annual finished vehicle pro

On October 10, President Trump penned a lengthy post on his Truth Social in answer to China’s recent move to establish restrictions on rare earths, which would affect the entire world, as well as the U.S., with which China seeks to reach a trade agreement.
The President said that there seems to be no reason to meet w

On October 9, China announced new curbs on exports of rare earths and related technologies, extending controls over use of the critical elements just weeks ahead of an expected meeting between President Trump and Chinese leader Xi Jinping in late October on the sidelines of the Asia-Pacific Economic Cooperation forum

On October 7 at a press conference at the White House, U.S. President Donald Trump said he's working on a trade deal with Canadian Prime Minister Mark Carney that he believes will be well-received by Canadians, telling reporters "I think they're going to walk away very happy", but by late afternoon, it became apparen

On October 6, President Trump said that his administration will impose a 25% tariff on medium- and heavy-duty trucks starting next month. 
"Beginning November 1st, 2025, all medium and heavy-duty trucks coming into the United States from other countries will be tariffed at the rate of 25%," Trump wrote in a Truth Soc

On October 6, Aston Martin revised its FY 2025 outlook due to ongoing global economic challenges and the impact of tariffs. The company now expects total wholesale volumes to fall by a mid-to-high single-digit percentage compared to FY 2024 (6,030 units). The adjustment reflects Aston Martin’s continued focus on main

On October 3, U.S. Sen. Bernie Moreno said that President Trump is considering significant tariff relief for U.S. auto production that could effectively eliminate much of the costs that companies are paying.
“The signal to the car companies around the world is look you have final assembly in the U.S. We’re going to r

On September 25, it was reported that China launched an investigation into Mexico’s proposed tariffs and other restrictive trade measures, following the Latin American country’s plan to impose duties of up to 50% on Chinese automobiles and other products.
The Ministry of Commerce in Beijing strongly opposed the move,

On September 25, U.S. President Trump announced in social media posts a new 25% tariff on heavy trucks, 30% levy on upholstered furniture and 50% import fee on kitchen cabinets and bathroom vanities that will begin October 1.
“In order to protect our Great Heavy Truck Manufacturers from unfair outside competition, I