Us Automakers

US automakers say Trump's Japan tariff deal puts them at a disadvantage

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

China clears licence for rare earth suppliers for US automakers: Report

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

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

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

Automakers from GM to Volvo eye cuts as 2-way EV charging becomes real

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

Ford reduces production of F-150 Lightning pickup truck as EV demand slows

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

Tesla recalls nearly 579,000 vehicles as US agency increases scrutiny

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

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

From Ford Motor to Harley-Davidson, why US automakers stalled in India

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

US auto industry calls for govt help as it warns of impact of chip shortage

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 new-car demand during Covid has US industry optimistic about 2021

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

Here's why Harley-Davidson is shutting shop in India

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

Harley Davidson to quit India, take $75 million in restructuring cost

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

Covid-19 impact: Mexico, Brazil see 99% plunge in auto production in April

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

Automakers raise the stakes in SUVs as Trump vows to ease fuel rules

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