Latest News and Releases

Canada Trump tariff exemption ‘like dodging a bullet into the path of a tank’, says business leader

Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hours

Date Published: 2025-04-02T23:47:53Z

Source: The Guardian

Read Full Article
Upcoming car launches in April: From MG Cyberster to Kia Carens Facelift, check list here

India is set to witness the launch of several eagerly awaited cars in April. Among them, MG is expected to kick off sales of its highly anticipated MG Cyberster in the country during the same month.

Date Published: 2025-04-02T08:02:41Z

Source: India TV News

Read Full Article
GM's first-quarter U.S. vehicle sales lead industry as automakers brace for tariffs

General Motors and other automakers reported notable increases in their first-quarter U.S. vehicle sales, as the automotive industry braces for the impacts of President Donald Trump’s auto tariffs that are set to take effect this week.

Date Published: 2025-04-01T20:29:31Z

Source: NBC News

Read Full Article
Transatlantic Tensions: Europe's Car Industry at Risk Amid U.S. Tariff Threat

Germany's economy minister and the autos association criticize Donald Trump's 25% tariff on imported vehicles, warning of negative impacts on European and U.S. economies. Volkswagen shares drop, and the German automotive industry calls for negotiations to prevent a trade war. The IfW institute predicts limited export losses for Germany.

Date Published: 2025-03-27T07:51:56Z

Source: Devdiscourse

Read Full Article
Trump's Auto Tariffs Shake Global Automotive Industry

President Trump announced a 25% tariff on imported vehicles and parts into the U.S., potentially increasing car prices and affecting North American production. This move unsettled global markets, hitting shares of automakers like General Motors, Ford, and Toyota. The tariffs aim to boost U.S. investment but risk escalating costs.

Date Published: 2025-03-27T06:34:31Z

Source: Devdiscourse

Read Full Article
Tariff Turbulence: Trump's Auto Industry Shake-up

President Donald Trump's announcement of a 25% tariff on imported vehicles and parts has rattled automakers worldwide. This move may increase vehicle prices and disrupt production in North America. Automakers' shares declined in response, and uncertainty surrounds its impact on consumers and the automotive industry.

Date Published: 2025-03-27T04:14:35Z

Source: Devdiscourse

Read Full Article
Report: Trump Folds, Won't Hold Automakers To Tariffs

New reports allege that US President Donald Trump could forgo placing specific tariffs on the automotive industry on April 2. Here’s what we know.

Date Published: 2025-03-24T14:01:00Z

Source: Motor1

Read Full Article
Tariff Uncertainty Casts Shadow on US Investments, Says Tata Technologies' CEO

Tata Technologies CEO Warren Harris indicates that uncertainty surrounding tariff policies under President Trump's administration may delay investment decisions in the US. Despite this, the company remains optimistic for clarity in the coming months. Harris emphasizes the importance of adapting to market conditions and stresses the significance of software in the competitive automotive industry.

Date Published: 2025-03-16T05:01:12Z

Source: Devdiscourse

Read Full Article
PM-designate Carney demands respect from U.S. as Trump doubles steel tariffs

Trump launched a trade war against Canada and Mexico last week but paused parts of it days later in response to pleas from the automotive industry.

Date Published: 2025-03-11T17:55:00Z

Source: Toronto Star

Read Full Article
Trump says he will double tariffs on Canadian steel, aluminum imports

Trump launched a trade war against Canada and Mexico last week but paused parts of it days later in response to pleas from the automotive industry.

Date Published: 2025-03-11T14:25:00Z

Source: Toronto Star

Read Full Article