Us Auto Industry

India challenges 25% US auto tariffs at WTO, seeks safeguard consultations

India lodges a WTO complaint over steep US auto tariffs, citing safeguard violations and reserving its right to retaliate if talks fail

Trump to ease 25% auto tariffs to support US carmakers, factory jobs

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

S&P Global to separate its mobility division from parent to streamline biz

S&P Global's first-quarter profit beat analysts' expectations, as demand for its data and analytics offerings remained robust amid economic turmoil

Global stocks, dollar edge up as US signals easing of auto tariffs

Canada's dollar dipped against a broadly-firm US currency as Canadian Prime Minister Mark Carney's Liberals retained power in Monday's election

Wall Street edges higher as investors eye possible tariff exemptions

US President Donald Trump on Monday hinted at potential exemptions for the 25 per cent tariffs imposed on imports of autos and auto parts

US automakers make mad dash to persuade Trump to ease tariff measures

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

Auto dealers scramble as Trump's tariff fears drive buyers to showrooms

US dealerships are sitting on about 60 to 90 days of inventory on average, providing them with a cushion against the immediate effects of the tariffs

Auto, nuclear, beer firms hit hard as Trump tariffs rattle markets

Executives on earnings calls have said Trump's shifting plans for tariffs could disrupt world trade and prompt some companies to move production to the US

Tavares' surprise departure leaves Stellantis with no clear leadership

Stellantis is under pressure to halt a sales slide in the US and tackle overcapacities in Europe, where demand for electric cars is waning just as Chinese manufacturers expand in the region

Nissan convinces US court to decertify brake defect class actions

Writing for a three-judge panel, however, Chief Judge Jeffrey Sutton said some drivers may never have experienced sudden braking, or sought repairs to begin with

US regulator ends investigation into Ford engine failures after recall

The US government's auto safety regulator has ended a 2 1/2-year investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles. The National Highway Traffic Safety Administration says in documents posted Monday on its website that its analysis traced the problem to intake valves that can fracture inside some 2.7-liter and 3-liter turbocharged engines. Documents say the probe opened in May of 2022 ended up covering more than 411,000 vehicles from the 2021 and 2022 model years including the Ford F-150 Bronco, Edge and Explorer as well as the Lincoln Aviator and Nautilus. The agency was looking into catastrophic engine failures caused by intake valves fracturing, dropping into the cylinder and hitting the piston. The documents say a forensic analysis of fractured valves found that when the they were made by a parts supplier, the temperature got too high, making them brittle and likely to fracture during normal engine use. An anal

Musk's vow to make lots of Robotaxis conflicts with US auto safety rules

Regulatory hurdles were one of multiple issues Musk sidestepped during his much-anticipated unveiling of robotaxi, billed as a pillar of the Tesla CEO's push into robotics and artificial intelligence

US auto safety regulator gives clean chit to GM in Cruise robotaxis case

Cruise filed a recall for its software earlier this month affecting all its vehicles equipped with automated driving systems in the United States

Ramkrishna Forgings to supply powertrain components to US' largest EV maker

The company has not disclosed the name of the vehicle manufacturer in its announcement, but sources indicated that it could be Tesla

Honda to recall 2.5 million US vehicles over risks of fuel pump failure

To address the issue, dealers will replace the fuel pump module, free of charge, the NHTSA said

Tesla on way to double its components imports from India: Piyush Goyal

In September, Goyal had said the company is looking to source components worth $1.9 billion from India this calendar year, compared to $1 billion in 2022

Joe Biden's old tactics are botching the dream of made-in-America EVs

As the EV hype ramps up and a shortage of batteries emerges, industrial giants like SK Innovation Co., Honda Motor Co., etc., have announced billions of dollars of manufacturing facilities across US

L&T Technology Services wins $45 million EV Deal from US Auto Tier 1

L & T Technology Services Limited (BSEUnder the terms of the 5-year agreement, LTTS will work with the customer to deliver solutions leveraging its e-mobility technology competence. Notably, this will be delivered from LTTS' ER & D center in Krakow, Poland.LTTS plans to have over 300 engineers working from its Krakow, Poland center in the next 3 years, marking its expansion into Eastern Europe.Amit Chadha, CEO & Managing Director, L & T Technology Services said, "We have been investing in Electric, Autonomous and Connected Vehicle (EACV) as part of our 6 big bets and our engineers have developed several new scalable e-mobility solutions that can accelerate global automotive players' EV development journey.This landmark deal reinforces that our strategic investment is paying off and establishes LTTS' dominant position in the EACV landscape. The Krakow R & D center will serve as a nearshore center to Western European and North American clientele across ...

India offers huge opportunities in EV space: US auto component maker Dana

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

US opens probe into 30 million vehicles over air bag inflators

The 30 million vehicles include both vehicles that had the inflators installed when they were manufactured as well as some inflators that were used in prior recall repairs, NHTSA said in the document