China’s Ministry of Industry and Information Technology (MIIT) has issued a warning against aggressive price wars impacting the nation’s rapidly growing electric vehicle (EV) market. The MIIT emphasizes […]
China’s EV Market Under Fire as Price Wars Threaten Stability
China’s electric vehicle market is facing an uncertain future, as aggressive price wars driven by industry giants like BYD threaten to destabilize the sector. Industry experts are warning […]
Japan Seeks Trade Talks to Address US Auto Tariffs’ Impact
Japan’s top negotiator for auto tariffs, Ryosei Akazawa, is set to return to the United States on May 30th for a fourth round of trade talks. This follows […]
Japan’s Automakers Brace for $19 Billion Loss Due to US Tariffs
Major Japanese car manufacturers are facing significant financial losses due to the steep tariffs imposed by the United States under President Trump’s trade policies. These tariffs, which have […]
Trump Eases Auto Tariffs, Offering Relief to US Carmakers
President Trump unveiled a plan to reduce the impact of tariffs on imported vehicles and parts for American automakers. Under this proposal, manufacturers will receive credits based on […]
Trump Unveils Auto Tariff Cuts During Michigan Visit: Economic Impact Uncertain
During his visit to Michigan on April 30th, 2025, President Trump announced a new plan to modify existing auto tariffs. This change aims to boost U.S. manufacturing but […]
Trump to Sign Order Modifying Auto Tariffs This Tuesday
President Trump is set to sign an executive order this Tuesday that will alter the automotive tariffs currently in place, according to White House Press Secretary Karoline Leavitt. […]
Tesla Soars as Trump’s EV Changes Spark Stock Market Rally
Tesla stock surged by almost 10% on Friday after President Trump announced a plan to accelerate the development of self-driving vehicles in the US. The changes, spearheaded by […]
Canada Offers Automakers Tariff Relief Amid Industry Shifts
Facing the pressures of shifting market dynamics, the Canadian government has announced tariff relief for auto manufacturers to support the industry. This move comes as global automakers navigate […]
Trump Hints at Tariff Relief for US Automakers, Signaling Potential Shift in Trade Policy
U.S. President Donald Trump has suggested a possible easing of tariffs on vehicles assembled in North America, acknowledging the impact on car companies navigating global production shifts. His […]
Trump’s Tariff Talks Spark Gains in Auto Stocks
Former President Donald Trump’s recent remarks regarding potential tariff relief for car manufacturers triggered a surge in the stock prices of Ford, General Motors, and Stellantis. This proposal […]
UAW Endorses Trump Tariffs to Protect Jobs in Auto Industry
The United Auto Workers Union (UAW) has publicly voiced support for tariffs implemented by former President Trump, particularly those impacting the auto manufacturing sector. The union sees these […]
Goldman Sachs Cuts Auto Sales Forecast, Downgrades Ford’s Stock
Goldman Sachs has adjusted its automobile sales forecast for 2025, predicting a decrease of nearly one million units due to increased costs stemming from tariffs. The bank anticipates […]
Canada Imposes 25% Tariffs on US Auto Imports, Escalating Trade Dispute
In a move to counter retaliatory tariffs imposed by the United States, Canada has enforced 25% tariffs on non-compliant auto imports from the U.S., escalating tensions in the […]
General Motors Downgraded: Trade War Impacts Drive Stock Decline
General Motors (GM) has been downgraded to ‘Underperform’ from ‘Market Perform’ by Bernstein analysts, reflecting concerns over trade tariffs and their potential impact on the company’s financial performance. […]