Automotive News

Join us at 2 p.m. EDT on April 3 for a live talk with industry leaders on the Trump administration’s tariffs and their impact on the auto industry.   Moderated by Automotive News Deputy Editor Hannah Lutz and presented by Cars Commerce, our guests will be:   Jennifer Newman, editor-in-chief, Cars.com Jarrod Kilway, vice president of digital operations, Casa Auto Group Kevin Tynan, director of research, The Presidio Group Jennifer Morand, president, Chicago Automobile Trade Association John Irwin, supplier reporter, Automotive News   They will share insights on what automakers, suppliers, retailers and consumers may expect as tariffs go into effect. They also will take your questions.   You can ask a question in advance in the comment section below.

Do domestic assembly plants have enough excess production capacity to take on work otherwise slated for Mexico, Canada or elsewhere.

Car buyers won’t be the only ones feeling the pain from new automotive tariffs. The taxes, set to take effect on April 3, could lead to a pullback in automotive marketing spending, potentially affecting agencies and ad sellers.

Tesla reported a 13 percent decline in deliveries in the first quarter compared with the same period last year, with analysts blaming an aging lineup, shortages of the freshened Model Y crossover and CEO Elon Musk's polarizing politics.

Kia America achieved its highest-ever first-quarter results, with sales rising 11 percent to 198,850 compared to last year. The automaker attributed its record volume to a strong March and demand across its portfolio.

President Donald Trump said the U.S. will implement reciprocal tariffs on its trading partners, with rates varying based off levies, taxes and trade barriers other nations place against the U.S. The reciprocal tariffs are designed to incentivize U.S. manufacturing while raising federal revenue, Trump said during a White House Rose Garden event April 2. “We will supercharge our domestic industrial base, we will pry open foreign markets and break down foreign trade barriers,” Trump said. “Ultimately, more production at home will mean stronger competition and lower prices for consumers.” Although Trump frequently mentioned the auto industry during his speech, saying Toyota ships 1 million vehicles to the U.S. but General Motors and Ford sell almost none in Japan, autos are not part of his reciprocal tariff plan. They won’t stack on top of the already announced 25 percent tariffs on vehicles imported into the U.S. market. That tariff starts April 3. The same tariff rate on major components such as engines and transmissions is expected to launch by May 3. Additionally, steel and aluminum are subject to an existing 25 percent import tax, but not the new reciprocal tariffs.—— Read the rest of this story here: https://lnkd.in/gkB9CsUQ #trump #tariffs #economy #stocks #markets #donaldtrump #america #president #whitehouse #automotive #news #vehicles

Rivian Automotive reported a 36 percent first-quarter sales decline, citing fewer commercial van deliveries and weaker demand partially driven by the impact of the L.A. fires in a key EV market.

Numerous U.S. auto plants, particularly in Michigan, have excess production capacity. Could President Trump's tariffs help fill idle space in those plants?

Police in Texas received a burglary report from the suspect himself at a Stellantis dealership.

AutoNation Inc. expanded its Colorado footprint with the acquisition of two dealerships that combined earned about $219 million in annual revenue in 2024. The public auto retailer on March 31 acquired Groove Ford and Groove Mazda in Centennial, Colo., from Summit Automotive Partners.