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Trump Gives Auto Industry One-Month Tariff Reprieve

Trump Gives Auto Industry One-Month Tariff Reprieve

Little more than a day after announcing plans to enact 25% tariffs on goods imported from the Mexico and Canada, Pres. Donald Trump threw a temporary lifeline to the auto industry by granting a one-month reprieve on automotive parts and vehicles. But the threat remains that sanctions could still follow if the U.S. can’t reach resolution with its two neighbors and leading trade partners – something Ford CEO Jim Farley warned “would blow a hole in the U.S. industry.”

Trump Tariff’s Sticker Shock Could Cripple Auto Industry

Trump Tariff’s Sticker Shock Could Cripple Auto Industry

President Donald Trump, as expected, launched new tariffs targeting Canada and Mexico while also increasing prior tariffs on China. All three countries responded with their own trade sanctions. The tariff war will increase prices on everything from avocados to semiconductors but economists warn few consumer goods will feel the heat more than automobiles – some models set to see price hikes of $12,000 or more. At a time when sticker shock is already impacting sales, analysts fear the U.S. auto industry could see sales and profits tumble – while job cuts also could be in the offing.

March U.S. Auto Sales Sputter Along

March U.S. Auto Sales Sputter Along

Sales of new vehicles held steady in February as Kia, Hyundai, Genesis, Subaru, Mazda and Honda all reported modest sales increases. But two of the largest automakers to report for the month, Toyota and Ford, delivered disappointing results. And Tesla’s numbers continued to show the impact of growing resistance to CEO Elon Musk and his role in the Trump administration. Headlight.News has more.

GM, Tesla Top Buyer Loyalty Charts as More Shoppers Buy What They Know

GM, Tesla Top Buyer Loyalty Charts as More Shoppers Buy What They Know

More new vehicle buyers remained loyal to their previous purchases in 2024 than the year prior, and General Motors and Tesla top the charts when it comes to owner retention efforts. That said, owner loyalty numbers are still below pre-pandemic levels. Find out more at Headlight.News.

Ram Again Delays Launch of All-Electric 1500 REV Til “Late 2026″

Ram Again Delays Launch of All-Electric 1500 REV Til “Late 2026″

The 1500 REV, the all-electric version of the Ram half-ton pickup, is again on hold, the truck brand’s CEO now saying it won’t arrive until “late 2026” at the earliest due to slowing demand in the battery pickup segment. But production appears to be staying on track to bring the extended-range Ramcharger to market during the second half of this year. Headlight.News has more.