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AUTOMAKERS TARIFF NEWS
US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
Toyota expects $4.3 billion hit from Iran war falloutToyota anticipates a significant financial hit from the Iran war. The automaker expects the crisis to cost approximately $4.3 billion this ...
US weighs tougher auto import rules to accelerate reshoringThe Donald Trump administration is considering changes to North American trade rules that could raise tariffs on imported vehicles and push...
US nears tariff relief for auto industry after lobbying pushThe White House is set to extend a tariff relief program for the US auto industry, a move that will benefit carmakers like Ford and GM. Thi...
Ford Motor Company to recall more than 300,000 vehicles in the US: Which models are impacted, and what can consumers doFord Motor Company is recalling over 300,000 vehicles due to a potential Electric Brake Booster malfunction that could increase crash risk ...
European, Japan stocks surge after US-Japan trade dealEuropean shares saw a rise on Wednesday. This was due to optimism about a possible trade deal between the European Union and the United Sta...
Shares in Japanese, South Korean automakers surge on Tokyo trade dealShares of Japanese and South Korean automakers surged on Wednesday after U.S. President Donald Trump agreed to a trade deal with Tokyo that...
European auto shares rally after US-Japan trade dealShares in major European carmakers rose on Wednesday, tracking a steep rally in some of their Asian rivals, after Tokyo struck a trade deal...
Lutnick announces tariff relief for US-built cars with 85% domestic contentUS Commerce Secretary Howard Lutnick announced that cars finished in the US with at least 85% domestic content will be exempt from tariffs....
JLR evaluating various steps to respond to US tariffs: Tata MotorsTata Motors' Jaguar Land Rover is strategizing responses to the US tariff implemented on April 2, 2025. JLR has paused UK vehicle shipments...
Trump says 'couldn't care less' if auto prices risePresident Donald Trump stated he doesn't care if automakers raise car prices due to the new 25% import tariff on cars and light trucks star...
Elon Musk's Tesla to emerge big winner from Donald Trump's auto tariffs? Here's what we know so farUS President Donald Trump has announced new auto tariffs and since then apprehensions have been raised over whether these new duties will b...
US planning to exclude sector-specific tariffs on April 2: ReportsU.S. President Trump's administration is set to exclude sector-specific tariffs on auto, semiconductors, and pharmaceuticals, initially pla...
Japan's Nikkei ends at over 2-week low on stronger yen, US tariff worriesJapan's Nikkei share average fell over 1% to end at a more-than two-week-low on Thursday, as automakers declined due to a stronger yen, whi...
Trump says unfair to US if Musk builds factory in IndiaTesla's CEO Elon Musk has long criticised India for having import tariffs of around 100% on EVs which protect local automakers such as Tata...
EU to lower proposed tariffs on Tesla, other EVs from China: ReportThe European Union is set to lower proposed tariffs on Tesla and other electric vehicles from China, reducing Tesla's rate to just below 8%...
China and European Union agree to talks in bid to head off trade warChina and the European Union have decided to initiate talks aimed at resolving an increasingly tense tariff dispute, with billions of dolla...