Auto Tariffs- Things to know
Each OEM is navigating the tariffs differently. Here are some responses. Ford extends employee discounts to customers as auto tariffs take effect Stellantis Joins Ford Offering Discounts in Wake of Auto Tariffs BMW to Cover Tariff Costs for Cars Built in Mexico Through May 1 GM/Ford/ Stellantis Trade Association AAPC stated "U.S. automakers are committed to President Trump’s vision of increasing automotive production and jobs in the U.S. and will continue to work with the administration on durable policies that help Americans. In particular, it is critical that tariffs are implemented in a way that avoids raising prices for consumers and that preserves the competitiveness...
Auto Tariffs- The White House Press Release
From the White House Fact Sheet: President Donald J. Trump Adjusts Imports of Automobiles and Automobile Parts into the United States March 26, 2025 President Donald J. Trump signed a proclamation invoking Section 232 of the Trade Expansion Act of 1962 to impose a 25% tariff on imports of automobiles and certain automobile parts, addressing a critical threat to U.S. national security. President Trump is taking action to protect America’s automobile industry, which is vital to national security and has been undermined by excessive imports threatening America’s domestic industrial base and supply chains. The 25% tariff will be applied to imported passenger vehicles (sedans, SUVs, crossovers, minivans, cargo vans) and...
Hyundai Won’t Raise Prices Over Tariffs, But Kills Free Maintenance
Hyundai CEO José Muñoz said the US is a "very important market" where it needs to "offer a competitive product."...
Hyundai’s US Investments Mean It’s Not Worried About Tariffs
Hyundai isn’t stressed about revoked EV incentives or proposed tariffs....
Audi Could Pass Tariff Costs Onto Consumers
The company will also decide by the end of the year if it will localize production in North America....
Audi Is Laying Off 7,500 People
It's also investing billions into its German facilities, with plans to build a new entry-level EV at its Ingolstadt plant....
Foxconn Will Build EVs for Two Unnamed Japanese Automakers: Report
The company's chairman said Foxconn will sign the agreements within two months....
The Ford Airstream Concept Predicted Our Crossover Future
The unlikely collaboration between Ford and Airstream has aged like a fine wine....
Tariffs Won’t Affect Some BMW Prices, for Now
Buy your BMW 3 Series or 2 Series before May 1....
Happy 50th Birthday, BMW 3 Series
BMW rolled out the red carpet for its half-a-century-old nameplate at this year's Amelia Island Concours d'Elegance....