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

Mercedes-Benz is looking to help the U.S. and EU work out a deal that would avoid it paying tariffs on most of its popular cars and SUVs like the GLC-Class. A proposal where tariffs and duties are waived on a car-for-car basis, instead of hefty fees on both vehicles, could help the automaker (and the industry) hammer

On June 6, a Porsche spokesperson said the company has no plans to shift any part of its production process to the U.S., dismissing some media reports that the company was considering such a move to mitigate effects of tariffs.
Media had reported earlier in the day that Porsche CEO Oliver Blume, who also leads the la

On June 6, Transportation Secretary Sean Duffy presented the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) interpretive rule, “Resetting the Corporate Average Fuel Economy Program”. The rule claims that the Biden Administration ignored statutory requirements for original C

On June 9, Waymo confirmed that it has cut off taxi service to parts of Los Angeles after five of its self-driving vehicles were torched during weekend protests over immigration raids by federal ICE agents.
After removing the damaged vehicles from downtown Los Angeles, it said it is not servicing that specific area “

On June 5, it was reported that the administrations of Canadian Prime Minister Mark Carney and U.S. President Trump are secretly holding direct talks to work out a framework for a trade and security agreement. The talks are being held discreetly to ensure a positive outcome, according to U.S. Ambassador to Canada Pet

On June 4 at the UBS Auto and Auto Tech Conference, Ford’s Chief Financial Officer Sherry House talked about tariffs and supply chain disruptions that will impact in its Q2 earnings in July, but cautioned there are many unknowns that could make Ford's upcoming financials "a bit lumpy". 
On disruptions caused by expor

On June 5, President Trump lashed out against Tesla CEO Elon Musk, saying he was “disappointed” by the billionaire’s public opposition to the sweeping tax-cut and spending bill that is at the heart of Trump’s agenda.
Musk has been actively urging Senate Republicans to “kill the bill,” which comprises a wide range of

On June 4, President Trump’s promised 50% tariffs on imports of “steel and aluminum articles and their derivative articles” went into effect. The two metals had previously faced 25% tariffs on imports from all countries since mid-March, when Trump’s order to remove steel exemptions and raise aluminum’s levy from his

On June 3, Ford reported success with its pricing strategy in the month of May in offsetting the cost of the Trump import tariffs with its "A Plan" discount program, typically reserved for employees. Ford led all other OEMs in May with a 16.3% increase to 220,959 vehicles across all powertrains, the company’s best Ma

On May 30, U.S. President Trump blasted China on his Truth Social, accusing it of violating the trade truce the two countries signed earlier in May.
Following talks in Switzerland, the U.S. and China announced on May 12 a 90-day deal to lower tariffs on each other while they negotiated on trade. The pact lowered U.S.

On May 30, U.S. President Trump said OEMs in the U.S., including Tesla, must build entire vehicles including all their parts in the country instead of manufacturing parts abroad.
The comments from Trump, at a press conference marking Tesla CEO Elon Musk's last official day at the White House as a senior adviser, were

On May 29, GM CFO Paul Jacobson said at the Bernstein 41st Strategic Decisions Conference that the company is not making immediate changes to imports of its entry-level Chevrolet and Buick crossovers built in South Korea in response to the 25% Trump import tariffs. 
GM is “still contribution-margin positive” on the C

Hyundai Motor Co. is preparing to increase the price of all the vehicles it sells in the U.S. to cushion the impact of tariffs imposed by President Trump, according to people familiar with the matter. Hyundai is considering a 1% increase to the suggested retail price of newly built vehicles as soon as the beginning o

On May 30, VW CEO Oliver Blume said the company wants to make more big investments in the U.S., adding that recent tariff talks with the U.S. government have been "fair" and "constructive."
“So far, we have had absolutely fair, constructive discussions,” Blume said in an interview. “I was in Washington myself and we

On May 28, the U.S. ambassador to Canada, Pete Hoekstra, spoke about the current state of affairs in the current trade war with Canada, saying there is some good news and some bad news for Canada on the trade front.
For the good news, Hoekstra suggested that a new Canada-U.S. agreement is achievable in the not-too-di

On May 30, speaking to a rally in Pittsburgh to celebrate the pending partnership of U.S. Steel and Nippon Steel, U.S. President Trump made a related announcement regarding the imposition of additional tariffs on steel imports into the U.S. from 25% to 50%. He later added the same rate of increase on aluminum imports