A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
Category: Automobiles
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Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.
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Elon Musk Is Focused on DOGE. What About Tesla?
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.
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Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.
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Porsche Is No Longer a ‘Premium’ Sports Car in China
Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German automakers.
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Trump’s Tariffs Could Worsen Europe’s Economic Slowdown
The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a time when the continent is already facing a lackluster economy.
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Honda and Nissan Scrap $50 Billion Merger Plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.
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Ford Chief Executive Says Trump Policies May Lead to Layoffs
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.
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Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics
The U.S. electric car company’s sales are sliding across Europe, amid what many see as interference in local affairs by Tesla’s chief executive, Elon Musk.
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Honda and Nissan Merger Talks in Peril
Two of Japan’s largest automakers have been in talks to combine their operations to form one of the world’s biggest car groups.
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Trump Wants to Know Why U.S. Cars Are Rare in Germany. Here Are a Few Reasons.
German cars are popular in the United States, but U.S. cars are not as prevalent on German roads. One reason: tiny European streets and parking spots.