Tariffs imposed under President Trump have added around $35 billion in costs to the auto industry, prompting a surge in used vehicle sales and the release of more affordable, feature-reduced models.
At least a dozen electric vehicle models have been discontinued, paused, or cancelled in the US in 2026, including Tesla’s Model S and Model X, Honda’s entire 0 Series, the Volvo EX30, BMW’s i4 and iX ...
President Donald Trump plans to raise tariffs on cars imported from the EU to 25%, which could increase vehicle prices and what U.S. drivers pay.
Volvo is pulling the plug on its smallest and least expensive EV this week. The automaker is winding down US-bound production and imports of the EX30 and EX30 Cross Country over the coming weeks, with ...
A Supreme Court ruling struck down several of President Donald Trump's tariffs, potentially lowering consumer prices in the long run. The decision could reduce the cost of car manufacturing, providing ...
Tesla is selling Shanghai-made Model 3 sedans in Canada at C$39,490, nearly half the C$79,990 price of the Fremont-sourced model, after Prime Minister Carney’s January 2026 trade deal with Beijing cut ...
Brussels imposed hefty import tariffs on China-made EVs in 2024 Volkswagen's deal highlights model-by-model tariff exemption approach Europe has become crucial market for China after blocked access to ...