Browsing: tariffs

Volvo Cars CEO Håkan Samuelsson announces plans to create different software and silicon components for Western and Chinese markets due to increasing trade restrictions and tariffs.

US auto dealers are seeing a surge in sales as consumers rush to buy cars before expected tariff increases, while a new UK trade deal is set to affect British car imports

Luxury automaker Bentley has reportedly stopped exporting ‘off-the-shelf’ models to the US due to confusion over the recent US-UK trade deal, while custom orders remain unaffected.

If President Trump’s tariffs go into effect, luxury car prices are expected to surge, with an average estimated tariff of 21.2% or $21,600 per car.

Luxury sports car manufacturer struggles with declining Chinese demand, electric vehicle strategy missteps, and US tariff threats

Chinese car giant BYD’s plans to establish its European headquarters in Hungary could bypass EU tariffs on Chinese electric vehicles, potentially crippling European carmakers.

Stellantis NV postpones production of the 2026 electric Dodge Charger R/T at its Windsor, Ont., assembly plant citing U.S. tariffs on Canadian-made cars

Critics argue Canada’s 100% tariff on Chinese electric vehicles hinders trade and climate goals, particularly affecting canola farmers

Canada’s new Liberal government is under pressure to reconsider its 100% tariff on electric vehicles from China, with critics arguing it hinders trade and climate objectives.

Ford Motor Company doesn’t anticipate substantial price increases for its vehicles despite facing $1.5 billion in costs due to President Donald Trump’s auto tariffs.