auto industry
EV sales surge in the U.S. ahead of Sept. 30 tax credit deadline
A $7,500 tax credit is available for the lease or purchase of many electric vehicles — but only if contracts are inked by midnight on Sept. 30. The result: The market for EVs is a little distorted.
Automakers are eating the cost of tariffs — for now
Last quarter, tariffs cost the auto industry billions of dollars. So far, that's come out of profits instead of being passed along to buyers. But that could change.
Trade wars grew America’s auto industry. Historians warn today’s tariffs won’t
Past success bringing foreign car companies stateside means the U.S. has more to lose and less to gain in today’s trade wars.
Tariff chaos sends some drivers racing to buy, while others pump the brakes
With tariffs on cars, materials and parts threatening to send auto prices up, some shoppers are racing to lock in vehicles at pre-tariff prices. Others plan to drive their current rides into the ground.
Trump’s tariffs have been a source of both hope and fear among Gulf South industries
As Wall Street swings wildly under the weight of President Donald Trump’s sweeping tariffs, reactions in the Gulf South are mixed.
Automakers brace for higher costs as steel and aluminum tariffs kick in
Tariffs on steel and aluminum are increasing to 25% — not the 50% that President Trump had recently threatened, but high enough to be a headache for automakers.
Auto industry braces for a blow from 25% tariffs on Canada and Mexico
The White House describes the tariffs as a response to inadequate border and drug enforcement. They are forecast to add thousands of dollars to the price of vehicles.
