Why auto suppliers have been more outspoken on Trump tariff concerns than automakers
Automakers and suppliers both stand to see costs and the volatility of their production schedules rise if U.S. tariffs on imports of Canadian and Mexican goods go through. But automakers and suppliers have taken different approaches in their public statements responding to President Donald Trump,
Trump Tariffs Could Bring North American Auto Production ‘To A Screeching Halt’
The 25 percent Trump tariffs on Mexican and Canadian autos and auto parts could bring the U.S. car industry to a complete halt according to multiple sources.
Auto stocks slip on fears Trump tariffs will harm industry
Automaker stocks tumbled on Monday following impending imposition of President Trump’s tariffs on goods coming from Canada and Mexico.
Trump’s Tariffs Could Cost US Auto Industry $33 Billion
Roughly 22% of all new cars sold in the US last year were produced in Mexico or Canada. Starting February 4, Canadian and Mexican imports will be hit with hefty 25% tariffs. Some brands are already thinking about moving production to the US.
How President Trump’s new tariffs could impact auto industry
On Saturday, President Donald Trump announced major tariffs on countries like Mexico and Canada, two of the biggest suppliers to the U.S.’s auto industry — with one in five cars sold in the states being built in the two nations,
Canada, Mexico integral to US auto manufacturing for a century
American automakers have relied on labor from neighbors to the north and south since the early days of auto production in ...
Why The Auto Industry Is Now Ground Zero For A Tariff War
It is, more than anything, the North American auto industry. Over the past few decades, the factories, product planning, ...
North American companies brace for fallout from Trump tariffs
President Donald Trump's emerging trade war with Beijing poses a new threat to billions of dollars in planned U.S. liquefied ...
AutoExpress21hOpinion
Dear Donald Trump: this is why Europe won’t buy American cars
Editor-at-large Phil McNamara thinks Donald Trump has a few things to learn about the car market in the UK and Europe ...
U.S. Auto-Parts Maker American Axle To Buy Britain’s Dowlais For $1.4 Billion
American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will ...
American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the ...
Channel Zero1d
Tariffs could have devastating impact on auto industry, expert warns
Experts say the North American auto industry would be very hard hit if the tariffs do eventually come into place in 30 days.
American Axle's latest acquisition highlights its long rise from near death
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...