President insists move will boost American auto manufacturing but experts fear it could hit consumers

NEW YORK (AP) — Shares of major automakers slumped following President Donald Trump's announcement that he will place 25% tariffs on auto im...

President Donald Trump announced 25% tariffs on all imported cars and car parts. Experts say this won't just impact new cars, but also used...

The scale of the damage depends on the circumstances of each company’s supply chain.

As the fallout from Trump’s tariff plans comes into relief, a harsh truth is emerging for the automotive industry: there are lots of losers...

American buyers of Ferrari’s (RACE) luxury vehicles will soon have to pay higher prices, as the Italian automaker looks to offset the burden...

By STAN CHOE, Associated Press Business WriterNEW YORK (AP) — Wall Street is getting pulled in different directions on Thursday as Presiden...

PARIS: French president Emmanuel Macron said on Thursday he had told U.S. president Donald Trump that his tariffs proposal was not a good id...

Elon Musk has warned that Tesla will not escape the impact of sweeping new US auto tariffs, but the electric carmaker could still gain a com...

Press Secretary Karoline Leavitt reiterated some of the things that have been coming out of the White House:“He thinks that some of these nu...

Robert Habeck, Germany's economy minister, warned "we will not back down" in the face of Trump's 25% automobile tariffs.

President Donald Trump’s new auto tariffs will have a “significant” effect on Tesla (TSLA), CEO Elon Musk says. Read more...

"On a relative basis, in the short term, Europe will be less affected than the U.S.," Santander's Ana Botín said regarding President Donald...

General Motors (GM), Ford Motor (F), and Ferrari’s (RACE) earnings are likelier than ever to take a hit, as President Donald Trump’s “dracon...

By DAVID McHUGH and GEIR MOULSON, Associated PressFRANKFURT, Germany (AP) — European automakers, already struggling with tepid economic gro...