Trade war

Global trade war prompts Volvo to put brakes on its IPO
Global trade war prompts Volvo to put brakes on its IPO

Volvo said Monday that the global trade war spurred by U.S. President Donald Trump has forced it to delay its plans for an initial public offering. “The issues around trade are hard for us because they impact cars shipped between China and the U.S. It’s a huge drawback,” Volvo...Read More»

2020 Ford Focus Active
Citing Trump tariffs, Ford cancels China-built Focus Active crossover for US

Ford Motor Company quickly axed from its U.S. lineup a small crossover based on its global-market Focus, telling reporters Friday that it won't import the car from China next year. The automaker said that its decision to renege on previously announced plans to ship the Ford Focus Active crossover...Read More»

2019 Buick Envision
GM asks Trump administration for tariff break on China-built Buick Envision SUV

General Motors on Monday sent a letter to the Trump administration asking to exclude its China-made Buick Envision crossover SUV from the new 25-percent import tariff on cars built in China. The Detroit automaker said in the letter to U.S. Trade Representative Robert Lighthizer that "Envision sales...Read More»

BMW X7 pre-production at plant in Spartanburg, South Carolina
Trump's aim to forge ahead with auto tariffs could lead to higher car prices, international retaliation

President Donald Trump's threat to levy a 20-25 percent tariff on cars imported to the U.S. if a trade deal with the European Union isn't reached next week could result in a dramatic increase in new-car pricing and may lead to international retaliation. EU officials, including European Commission...Read More»

2019 BMW X5
BMW to raise prices on US-built SUVs in response to tariffs imposed after Trump threats

Following an announcement from BMW Group that it will be ramping up production in China to serve its largest market, the German automaker also confirmed Monday that it will raise prices on U.S.-built crossover SUVs in response to President Trump’s proposed foreign-built vehicle tariffs. MORE...Read More»

Cadillac CT6 uses advanced aluminum and steel structure to save 198 pounds
Trump imposes hefty import duties on imported steel, aluminum used to build cars in U.S.

The U.S. Commerce Department said Thursday that it won't exempt major U.S. trading partners from duties as high as 25 percent on the raw materials imported to the U.S. used to build new cars. The new protectionist import tariffs announced Thursday by Commerce Secretary Wilbur Ross on imported steel...Read More»

Workers assemble a Fiat 500 in Toluca, Mexico
U.S. NAFTA demands “not viable” according to Mexican Economy Minister

The Trump administration’s proposal to require 50 percent of the value of vehicles to be produced in the U.S. remains a hotly contested sticking point in ongoing NAFTA negotiations. Mexico’s Economy Minister, Idelfonso Guajardo, underscored that point in front of reporters on Wednesday...Read More»

San Francisco Bay cargo ship, by Flickr user Bernard Garon
U.S. Auto Exports Hit Record High

A few years ago, economists lamented the death of the U.S. manufacturing sector. They lay the blame on several factors, including the high cost of U.S. labor compared to elsewhere on the planet, stringent government regulations, an unskilled workforce, and a general trend toward sales and service...Read More»

Mitsubishi GR-HEV hybrid pickup concept: Geneva Motor Show live photos
Did Chickens Cure Or Kill U.S. Pickup Trucks?

If you're in the market for a new car, you've got a lot to choose from. If you're in the market for a new truck, however...well, the options are considerably more limited. That's not by accident. But according to Detroit News, things could be changing. THE STORY OF CHICKENS AND PICKUPS Fifty years...Read More»

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