Trump administration reportedly plans to soften impact of automotive tariffs
President Donald Trump’s administration reportedly plans to mitigate the effects of its automotive tariffs by easing certain levies on imported…
Trump Tariffs
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UK signals willingness to cut tariffs on US cars in bid for Trump trade deal
The UK government is exploring tariff concessions on American-made vehicles as it seeks to protect key exports from proposed US…
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Toyota invests additional US$88m in its West Virginia plant
Toyota Motor Corporation’s North American manufacturing subsidiary, Toyota North America Inc, announced this week that it plans to invest a…
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Trump tariffs: World trade ‘fragmenting into blocks’
Catalysed by the sweeping tariffs agenda being implemented by President Donald Trump's administration in the US, the era of “easy…
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Mazda to temporarily halt US CX-50 SUV production for Canadian market
Mazda Motor is planning to temporarily halt in the production of its CX-50 sport utility vehicles (SUV) intended for the…
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Volvo Group to cut up to 800 jobs at US facilities – report
Volvo Group is planning to lay off as many as 800 workers across three US facilities within the next three…
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Ford suspends exports of several vehicles to China amid tariffs – report
US-based Ford Motor has ceased the exports of several vehicle models to China in response to the retaliatory trade tariffs…
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Honda to shift some production from Japan to US
Honda Motor Company confirmed this week it will transfer some vehicle production from Japan to the US this year in…
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Canada offers tariff relief to domestic automakers amid US trade dispute
Canada will provide limited relief from counter-tariffs to certain domestic automakers and manufacturers, the Canadian Finance Ministry said. The measures…
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Tariff hikes set to disrupt global auto sector: Fitch
Fitch Ratings has warned that a potential increase in US tariffs on imports from Canada, Mexico, the European Union and…
