The cost of owning a car is set to rise. Why? Because of new taxes on imported vehicles and parts. These taxes, known as tariffs, are making cars and their repairs more expensive. This is not just about buying a new car. It's about the long-term costs of owning one. First, let's talk about car part
Car buyers in the U. S. are in a hurry. They are snapping up new and used vehicles faster than ever. This rush is due to fears of upcoming tariffs. These tariffs could make cars more expensive. As a result, the number of cars available for sale is dropping quickly. The supply of new cars has fallen
The global economy is feeling the heat of an ongoing trade war. In a surprising move, the U. S. President hinted at a possible pause on auto tariffs. This shift comes after he had previously imposed a 25% tax on imported cars. The idea is to give car manufacturers some breathing room to adjust th
The auto industry is feeling the heat from recent trade policies. President Trump's 25 percent tariffs on imported cars have already started to shake things up. These tariffs are not just numbers on a page. They are causing real changes in how businesses operate. Factories in Canada and Mexico a
The British car industry is facing another big challenge. Jaguar Land Rover has decided to hold back shipments to the US. This move comes as a direct result of the 25% tax on car imports that the US has put in place. The US is a key market for Jaguar Land Rover. The company is taking a pause on shi
The auto industry is in a tough spot. Tariffs on imported cars are coming, and they could hit American autoworkers hard. The idea is to bring jobs back to the US, but it's not that simple. The auto supply chain is a complex web that stretches across borders. Shutting down plants in Mexico and Canada
Tesla's strong position in the American-made car market is a big deal right now. The company has been leading the pack in the American-Made Index since 2021. This index looks at where cars are put together, where parts come from, and how many American workers are involved in making them. Tesla score
The auto industry is facing a significant change. A new policy has been introduced that will affect how cars and parts are traded. This policy will impose a 25% tax on all cars and parts that are not made in the United States. This tax will start on April 3, 2024, at midnight. The goal is to boost t
A major South Korean automaker is set to reveal a substantial financial commitment to the United States. This move is part of a broader trend of foreign companies investing heavily in American manufacturing. The focus is on creating jobs and boosting the economy. The announcement will take place at
In a surprising turn of events, Shawn Fain, the head of the United Auto Workers (UAW), has found common ground with President Donald Trump. This unlikely alliance centers around Trump's proposed tariffs, which include a 25% levy on automobiles and their parts. Fain, who has been vocal about his disa
