Carmakers’ declines extended in after-hours trading upon the news of 25% tariffs on imported vehicles. The drop reflected concerns about inflation.
Category: Automobiles
-
Trump’s Tariffs on Autos Would Hit Europe Hard
The levies could hurt European automakers when the industry is already struggling, especially in Germany, Europe’s biggest economy.
-
How Trump’s Auto Tariffs Could Affect Car Prices
Experts say tariffs could soon drive car prices up by several thousand dollars and limit production.
-
Trump to Announce Tariffs on Foreign Cars
The president is expected to announce tariffs on foreign cars on Wednesday, a measure that could bring car factories to the United States but raise prices for consumers.
-
Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs
Hyundai already makes cars in the United States, in Georgia and Alabama.
-
Trump’s Car Tariffs Worry Toyota and Japan’s Automakers
Japanese automakers, initially optimistic about some of President Trump’s policies, are reckoning with potentially devastating U.S. taxes on foreign-made cars.
-
Tesla Wins California Permit to Begin Offering Rides
The limited regulatory approval is an early step toward Elon Musk’s goal of offering a Tesla self-driving taxi service.
-
Trump’s Unwelcome News to Auto Chiefs: Buckle Up for What’s to Come
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
-
Gene Winfield, Whose Cars Starred in Film and on TV, Dies at 97
He was know for modifying cars with innovative metal work and paint jobs, and for building vehicles like the Galileo shuttle for the original “Star Trek” series.
-
Can Trump and Musk Convince More Conservatives to Buy Teslas?
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.
-
Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.
-
Touring Italy’s ‘Motor Valley,’ Where You Can Drive Ferraris, Lamborghinis and More
In the country’s “Motor Valley,” racecar enthusiasts can admire, and even drive, Maseratis, Lamborghinis, Ferraris and more.