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2025-02-19


President Donald Trump is planning to impose 25% tariffs on imported automobiles as well as tariffs at a similar level on pharmaceutical imports and semiconductors.

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Investors are weighig Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.

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2025-02-18


U.S. President Donald Trump said on Tuesday auto tariffs will be around 25% and he will have more to share on the topic on April 2. On Friday, Trump said levies on automobiles would come as soon as April 2, the day after members of his cabinet are due to deliver reports to him outlining options for a range of import duties as he seeks to reshape global trade. Trump has long pointed to what he calls unfair treatment of U.S. automotive exports in foreign markets.

2025-02-15


Lexus again tops the ranks of J.D. Power’s newest vehicle dependability survey, but owners overall are making more complaints as vehicles get more and more complex.

The lack of clarity about tariffs and other policies could hurt hiring and investing. But the strong U.S. economy should provide a buffer.

2025-02-14


Trump wants US vehicles to be more popular in Europe, but it's a difficult market for them to crack.

(Bloomberg) -- The chief executives of General Motors Co. and Ford Motor Co. made recent pilgrimages to Washington to figure out answers to questions on every CEO's mind: How do you know which policies President Donald Trump will push through, attempt to influence his decisions, and, meanwhile, explain the business impact to investors without irritating the vocal — and very online — president?Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpace

2025-02-13


The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.

2025-02-11


Donald Trump's plans for tariffs risk raising prices for items from cars to canned food.

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Ford CEO Jim Farley said at an analyst conference that while President Trump wants to help automakers, his Canada and Mexico tariffs could "blow a hole" in the U.S. auto industry.

European leaders have said that they will respond firmly to higher levies on steel and aluminum, but they have yet to say what that retaliation will look like.

Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.

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2025-02-10


Donald Trump's rapid reorientation of the US trade landscape continued apace on Monday as he signed an executive order to impose 25% duties on steel and aluminum regardless of the source country. They kick in March 4.

(Bloomberg) -- President Donald Trump’s mercurial approach to his signature tariffs whipsawed markets last week. And investors trying to position their equity portfolios to manage this ongoing uncertainty are finding the playbook from his first term offers little help.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Ag

2025-02-09


Top leaders bring Yahoo Finance into the challenging world of navigating Trump administration policies.

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2025-02-07


Ford revealed in its latest earnings report that its Model e electric vehicle division is expected to see losses above $5 billion in 2025, similar to last year.

WASHINGTON (Reuters) -President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the U.S.' favor. Trump did not identify which countries would be hit but suggested it would be a broad effort that could also help solve U.S. budget problems. "I'll be announcing that, next week, reciprocal trade, so that we're treated evenly with other countries," Trump said.

The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.

2025-02-06


Investors are braced for a busy day of earnings, with Amazon serving as the highlight.

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Investors are braced for a busy day of earnings, with Amazon serving as the highlight.

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Investors are braced for a busy day of earnings, with Amazon serving as the highlight.

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Investors are braced for a busy day of earnings, with Amazon serving as the highlight.

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2025-02-05


The UK will still be hit even if not directly targeted by Trump's tariff measures.

US stocks were higher amid a backdrop of scattered earnings and the outbreak of a trade war with China.

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US stocks were higher amid a backdrop of scattered earnings and the outbreak of a trade war with China.

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2025-02-04


German cars are popular in the United States, but U.S. cars are not as prevalent on German roads. One reason: tiny European streets and parking spots.

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

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2025-02-03


Automaker stocks tumbled on Monday following impending imposition of President Trump’s tariffs on goods coming from Canada and Mexico.

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US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s announcement of tariffs.

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US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s announcement of tariffs.

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US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s announcement of tariffs.

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US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s announcement of tariffs.

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2025-02-02


(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationWhen French Communists Went on a Brutalist Building BoomHistoric London Elevator Faces Last Stop in Labour’s Housing PushManhattan’s Morning Commute Time Drops With New Congestion TollCanada braced for economic turmoil and laid out a retaliation plan after President Donald Trump s

2025-02-01


Canada, Mexico and China account for more than a third of the products brought into the United States. Tariffs could lead to higher prices for consumers.

2025-01-31


The White House press secretary said the president would move forward with levies on America’s largest trading partners on Saturday.

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Stocks pulled back on Friday as investors digested news that Trump tariffs on Canada, Mexico and China would begin on Saturday.

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2025-01-30


The president also suggested he still plans to impose new tariffs on China but did not give any details.

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2025-01-28


(Bloomberg) -- President Donald Trump said he wants to impose across-the-board tariffs that are “much bigger” than 2.5%, the latest in a string of signals that he’s preparing widespread levies to reshape US supply chains.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresFire-Ravaged L

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2025-01-23


More than 272,000 Ford Bronco Sport and Ford Maverick vehicles are being recalled because their 12-volt batteries may fail unexpectedly while driving.

2025-01-21


The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.

Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.

2025-01-18


Like other businesses emerging from a post-pandemic, higher-rate environment, the auto sector is in flux.

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2025-01-16


Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.

2025-01-13


Amazon and Meta have now joined the growing list of major corporations that have dialed back their diversity, equity and inclusion initiatives in the past year.

2025-01-08


The United Automobile Workers union asked a federal labor regulator to conduct an election at a factory Ford jointly owns with a South Korean battery company.

2025-01-06


Ford announced that sales of its electric Mustang Mach-E surpassed those of its traditional Mustang in 2024 – a notable milestone for the Detroit automaker in a challenging EV market.

2024-12-27


Consumers' interest in EVs is rising at a slower rate than previously projected, which prompted several leading automakers to adjust their EV goals and production plans in 2024.

2024-12-15


Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories.

2024-12-10


Aggrieved car buyers who feel they were mis-sold a loan should complain to their lender, MPs hear.

2024-12-05


Research firm Cox Automotive found a surprising uptick in new car sales in November, outpacing industry estimates.

Sales of electric vehicles grow for the eleventh straight month as manufacturers offer steep discounts.

2024-12-01


Some councils are considering charging owners of larger vehicles more for parking permits.

2024-11-30


Demand for electric cars is lower than expected, the industry says. What might help to boost sales?

2024-11-27


Investors are looking to a reading on the Fed's preferred inflation gauge to provide clues to rate cuts.

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MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 U.S. jobs. "If there are U.S. tariffs, Mexico would also raise tariffs," Sheinbaum said during her regular morning press conference, in her clearest statement yet that the country was preparing possible retaliatory trade measures against its top trade partner.

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2024-11-26


Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.

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In their initial round of responses to Trump's surprise announcement on Monday for a 25% tariff on imports from Canada and Mexico and an additional 10% levy on Chinese goods until they clamped down on illicit drugs and migrants crossing the border, leaders and other top officials urged dialogue and cooperation. "To one tariff will come another and so on, until we put our common businesses at risk," Mexican President Claudia Sheinbaum said during a regular press conference.

(Bloomberg) -- The dollar strengthened and shares dropped after President-elect Donald Trump said the US will impose additional tariffs on China, Mexico and Canada, ratcheting up concerns about his “America First” policies.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Bill

2024-11-25


The outlook for the U.S. economy is improving according to a group of leading economists and investors can thank the Federal Reserve and the incoming Trump administration.

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2024-11-21


Ford announces 4k job cut in EU amid 'highly disruptive' EV emissions standards

2024-11-20


The move is part of a wider restructuring programme, which will see 4,000 posts closed across Europe.

2024-11-15


The National Highway Traffic Safety Administration hit Ford with the second-largest civil penalty in its history, saying the automaker failed to recall vehicles in a timely manner.

2024-11-13


Regulators want to give more time to car dealers potentially facing a deluge of mis-selling claims.

2024-11-12


The EV market could get a huge influx of cheaper cars — but not fresh from the factory. In its latest EV intelligence report, consumer research firm J.D. Power projects that a massive amount of EVs returning off leases in the US will provide a large supply of EVs for sale.

The president-elect has said he could impose tariffs as high as 200 percent on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.

2024-10-31


Ford said it will temporarily pause production of the electric F-150 Lightning for several weeks amid sluggish consumer demand for EVs, as the company continues to reassess EV plans.

The gap between the average price of a new vehicle compared to a used car topped $20,000 for the first time last quarter, according to data from auto shopping guide Edmunds.

2024-10-29


Investors absorbed a fresh rush of earnings and waited for Alphabet to lead in the week's Big Tech results.

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Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.

Ford reported third quarter earnings after the bell on Monday, beating on revenue but bringing down its full-year profit forecast to the lower end of its range.

Investors absorbed a fresh rush of earnings and waited for Alphabet to lead in the week's Big Tech results,

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Workers are also unhappy about changes to their contracts.

2024-10-28


Ford reported third quarter earnings after the bell on Monday, beating on revenue but bringing down its full-year profit forecast to the lower end of its range.

2024-10-22


American consumers are voting with their dollar at car dealerships nationwide, where both average car costs and average insurance rates have spiked in 2024.

2024-10-21


It is also proposed that under-21s could lose their licences for not wearing a seatbelt.

2024-10-14


According to Cox Automotive’s Kelly Blue Book, EV sales jumped 11% year over year to just over 346K new EVs sold. It also said that EV sales rose 5% sequentially.

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2024-10-12


Entrepreneurs once flocked to Motor City to build cars. Now, they’re building its mobility future.

2024-09-30


The market is bracing for the September US jobs report, set to test the upbeat tone in stocks.

The market is bracing for the September US jobs report, set to test the upbeat tone in stocks.

A report released by Strategy Risks reveals which U.S. companies are more vulnerable to risk due to their high levels of exposure to China amid tense geopolitical relations between Washington and Beijing.

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The market is bracing for the September US jobs report, set to test the upbeat tone in stocks.

2024-09-25


The looming strike by about 45,000 ILA dockworkers at ports on the East and Gulf coasts would affect a variety of products imported and exported at the 36 seaports at risk of stoppages.

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2024-09-23


Federal officials acknowledged that few Chinese vehicles were on U.S. roads now, but said that the administration wanted to take proactive measures to strengthen national security.

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2024-09-19


The Federal Reserve cut interest rates for the first time in four years on Wednesday, which will directly impact auto loan rates -- but don't expect a big change anytime soon.

2024-09-17


Here’s what lowered interest rates will mean for your car loans, credit cards, mortgages, savings and student loans.

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2024-09-10


In another blow to America’s EV transition, buyers are balking at purchasing a new EV.

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2024-08-27


Americans base their outlook for inflation on gas more than anything else. An EV-powered future might make this less of a problem for the Fed.

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2024-08-26


The move comes after similar announcements, including in the US and European Union.