Automakers and suppliers are working to react while working together to stay profitable amid the moving import tariff target.
CarMax, the biggest seller of used cars, said that sales and profit plunged in the latest quarter. Its shares closed down 20%.
In Waiblingen, Bosch plans to close a 560-person plant that produces connectors for the auto industry by 2028 after years of ...
Import levels have erratically bounced up and down, duty collections have surged, and the geographic burden of those taxes is running counter to 30 years of economic integration in North America — ...
Three weeks after being hit by a ransomware attack, Jaguar Land Rover assembly lines remain idled. In the meantime, cyber ...
Volvo Cars is continuing to expand its operations in South Carolina, announcing it will add a new next-generation hybrid model to the production line before 2030.
Volkswagen AG paring back production and Robert Bosch GmbH slashing 13,000 jobs shows how the German auto industry’s decline is rippling through Europe’s biggest economy.
Auto industry experts say big car discounts will be hard to find as 2025 models transition to 2026, with best deals currently ...
Speaking to CarBuzz at this year’s Goodwood Festival of Speed, von Koenigsegg seemed open to the idea of a cheaper car from ...
The U.S. announced a 25% tariff on heavy truck imports beginning Oct. 1, dealing Mexico a potentially severe blow.
Xiaomi Corp.’s billionaire co-founder vowed to speed production of the YU7 electric vehicle as deliveries touched 40,000 ...
Government policies that prioritize production targets over market demand have led to overinvestment by carmakers. The ...