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
On September 25, the U.S. Commerce Department published in the Federal Register that it has launched investigations into imports of robotics, industrial machinery and medical devices, setting the stage for fresh duties as President Trump moves to expand his tariff regime. The Department of Commerce is conducting the
On September 25, European Trade Commissioner Maros Sefcovic said that automotive OEMs will save around EUR 500-600 million (USD 585-700 million) per month, dating back to August 1, as a result of the Trump administration implementing its trade deal with the European Union.
Sefcovic was referring to the deal establish
On September 14, the Department of Commerce and Office of the U.S. Trade Representative published a Federal Register filing detailing lowered tariffs on auto imports and a range of goods from the European Union to 15% retroactive to August 1, cementing terms of the framework trade agreement the two sides struck almos
On September 24, Canadian Prime Minister Mark Carney said trade negotiations with the U.S. were ongoing, and a lot of remaining issues would move to the planned review of the United States-Mexico-Canada trade agreement (USMCA) in 2026.
Carney made the remarks in answering a reporter’s question to trade talks that ap
On September 19, it was reported that Chery Group (locally know as Chirey Motor México), through its brands Chery, Omoda, and Jaecoo, reaffirmed its commitment to Mexico despite the announced tariffs from 10% to 50% to Asian products, including vehicles and auto parts.
Mexico is a strategic market for the group, that
On September 23, Volvo Cars confirmed it would expand production at its existing factory in Ridgeville, South Carolina to produce a new hybrid vehicle by the end of the decade, as a fourth U.S.-built vehicle, to cater to American tastes and avoid tariffs. Currently, 90% of the cars Volvo sells in the U.S. are built i
On September 19, multiple sources reported that Volkswagen of America is raising starting prices on most 2026 models as it continues to deal with President Trump’s tariffs. The latest price increases by VW range from 2.9 to 6.5 percent, depending on the model.
The company released 2026 model-year pricing on the Jetta
On September 22, the Ministry of Trade, Turkiye, announced a new regulation regarding the financial obligations imposed on passenger car imports. It is published in the Official Gazette and entered into force. Turkiye will implement an additional financial liability for passenger car imports from countries other than
On September 17, it was reported that Chinese automaker GWM reaffirmed its long-term commitment to Mexico despite the potential imposition of new tariffs on imported vehicles from China.
The measure was announced by the Mexican government, planning to increase tariffs from 10% to 50% to a range of products imported f
On September 18, it was reported that Audi’s plant in Puebla faces a 27.5% tariff on exports to the United States, a record rate that is reshaping the company’s production strategy.
To offset the financial impact, Audi is accelerating the regional integration of its supply chain by prioritizing auto parts from North
On September 13, it was reported that Mexico’s new tariff plan targeting vehicles and parts from countries without trade agreements, mainly affecting China, South Korea, and India, has stirred major international reactions.
The initiative, promoted by President Claudia Sheinbaum and pending Congressional approval bef
On September 12, multiple sources reported that Canada is seeking to strengthen ties with Europe and Asia rather than with the U.S. as trade disruption continues.
Vic Fedeli, Ontario minister of economic, job creation and trade, said on September 11 at the IAA Munich exhibition that “Now more than ever, countries aro
Several South Korean media sources reported that South Korea’s HL Group had signed a business agreement with South Korea’s Hana Bank and the Korea Trade Insurance Corporation regarding a cooperative export financing support package. The package will be prepared to assist automotive parts makers facing US tariffs, and
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