US Automakers

US automakers are concerned about President Donald Trump's agreement to tariff Japanese vehicles at 15%, saying they will face steeper import taxes on steel, aluminum and parts than their competitors. We need to review all the details of the agreement, but this is a deal that will charge lower tariffs on Japanese autos with no US content, said Matt Blunt, president of the American Automotive Policy Council, which represents the Big 3 American automakers, General Motors, Ford and Jeep-maker Stellantis. Blunt said in an interview the US companies and workers definitely are at a disadvantage because they face a 50% tariff on steel and aluminum and a 25% tariff on parts and finished vehicles, with some exceptions for products covered under the United States-Mexico-Canada Agreement that went into effect in 2020. The domestic automaker reaction reveals the challenge of enforcing policies across the world economy, showing that for all of Trump's promises there can be genuine tradeoffs from

It's unclear what materials are covered by the licenses and at least some are valid for six months, says report

President Donald Trump will sign an executive order Tuesday to relax some of his 25 per cent tariffs on autos and auto parts, the White House said, a significant reversal as the import taxes threatened to hurt domestic manufacturers. Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make US production less competitive worldwide. White House press secretary Karoline Leavitt said at a Tuesday briefing that Trump would sign the order later in the day but declined to provide details on the order. Treasury Secretary Scott Bessent, who joined Leavitt at the White House briefing, said the goal was to enable automakers to create more domestic manufacturing jobs. President Trump has had meetings with both domestic and foreign auto producers, and he's committed to bringing back auto production to the US, Bessent said. So we want to give the automakers a path to do that, quickly, efficiently and create as many jobs as possible. Stellantis

Ford Motor Co., General Motors Co. and Chrysler parent Stellantis NV are lobbying the administration to exclude certain low-cost car components from the planned tariffs

For many years V2G remained largely theoretical, as the Nissan Leaf was the sole EV capable of it

The announcement is the latest sign of softening demand for EV trucks. General Motors in October postponed the opening of a $4 billion electric truck plant in Michigan for a year

The recall covers certain 2020 through 2022 Tesla Model X, S, and Y vehicles, as well as 2017 through 2022 Model 3s, according to records

Dana has 18 facilities in India, which include joint ventures as well as a recently launched dedicated EV drivetrain manufacturing facility in Pune

Failure to read the market and taxes favouring small cars made some of the most storied names in the global automobile industry fail in the world's fifth-largest market

Joe Biden in February ordered several Federal agency actions to address the chip crisis and is also seeking $37 billion in funding for legislation to supercharge chip manufacturing in the US

Increased demand for new vehicles during the Covid-19 pandemic helped General Motors and other automakers report strong fourth-quarter US sales on Tuesday

The company's annual sales volumes in India account for less than 5 per cent of the company's total

Company will incur restructuring cost of $75 mn, MD of India operations sent to Singapore, 70 employees to lose jobs

In normal times, the combined number of cars produced by Mexico and Brazil every month is half a million

Pickup trucks and SUVs have accounted for about 62% of all new vehicles sold in US so far this year