Aston Martin limits exports to US because of Trump tariffs

Aston Martin, Stellantis and Mercedes are among the automakers affected by the introduction of a 25% tariff on all car imports to the US on 3 April. Photograph: Priyanshu Singh/Reuters View image in fullscreen Aston Martin, Stellantis and Mercedes are among the automakers affected by the introduction of a 25% tariff on all car imports… Continue reading Aston Martin limits exports to US because of Trump tariffs

Donald Trump to mark 100 days in office – US politics live

05.42 EDT Carney warns ‘Trump is trying to break us’ as president marks 100 days in office Good morning and welcome to our blog covering US politics as Donald Trump prepares to mark the first 100 days of his second presidency and as his northern neighbour Mark Carney celebrates his election win in Canada with a… Continue reading Donald Trump to mark 100 days in office – US politics live

Trump plans to ease tariff impact on US carmakers

A Ford assembly plant in Chicago. The US commerce secretary said the plans would reward companies that manufacture domestically. Photograph: Jim Young/AFP/Getty Images View image in fullscreen A Ford assembly plant in Chicago. The US commerce secretary said the plans would reward companies that manufacture domestically. Photograph: Jim Young/AFP/Getty Images Trump plans to ease tariff… Continue reading Trump plans to ease tariff impact on US carmakers

California proposes to allow testing of driverless heavy-duty trucks

An Otto driverless truck at a garage in San Francisco in 2016. Photograph: Eric Risberg/AP View image in fullscreen An Otto driverless truck at a garage in San Francisco in 2016. Photograph: Eric Risberg/AP California proposes to allow testing of driverless heavy-duty trucks Move that opens door for companies to test self-driving technology on trucks… Continue reading California proposes to allow testing of driverless heavy-duty trucks

Nissan warns of £4bn loss as costs rise and Trump tariffs loom

A Nissan truck unveiled at the 2025 Shanghai motor show. The carmaker will be hit by 25% US import tariffs Photograph: PA View image in fullscreen A Nissan truck unveiled at the 2025 Shanghai motor show. The carmaker will be hit by 25% US import tariffs Photograph: PA Nissan warns of £4bn loss as costs… Continue reading Nissan warns of £4bn loss as costs rise and Trump tariffs loom

US trade war fears drive UK consumer confidence down to record low; Tesla’s European sales fall again – business live

03.44 EDT Threat of US trade war drives UK consumer confidence down to record low The threat of a US trade war has driven UK consumer confidence down to its lowest level on record, the British Retail Consortium reports today. Its latest healthcheck on shoppers found that people were much more negative about the state of… Continue reading US trade war fears drive UK consumer confidence down to record low; Tesla’s European sales fall again – business live

EVs to cost more under a Coalition government, after Dutton’s apparent backflip on popular tax break

Clean car advocates and manufacturers were pleased when Peter Dutton appeared to commit to the fringe benefits tax exemption for EVs on Monday before the opposition leader’s commitment days later to scrap it. Photograph: Mick Tsikas/AAP View image in fullscreen Clean car advocates and manufacturers were pleased when Peter Dutton appeared to commit to the… Continue reading EVs to cost more under a Coalition government, after Dutton’s apparent backflip on popular tax break

UK manufacturers to cut jobs ‘within weeks unless ministers can strike trade deal’

The chancellor, Rachel Reeves, is travelling to the US to hold her first in-person meeting with her American counterpart, Scott Bessent. Photograph: Danny Lawson/PA View image in fullscreen The chancellor, Rachel Reeves, is travelling to the US to hold her first in-person meeting with her American counterpart, Scott Bessent. Photograph: Danny Lawson/PA UK manufacturers to… Continue reading UK manufacturers to cut jobs ‘within weeks unless ministers can strike trade deal’

Santander looks at splitting car finance from rest of UK division

A shake-up of Santander’s UK business could make it more attractive to potential buyers. Photograph: Laura Lean/PA View image in fullscreen A shake-up of Santander’s UK business could make it more attractive to potential buyers. Photograph: Laura Lean/PA Santander looks at splitting car finance from rest of UK division Review follows fallout from commission scandal,… Continue reading Santander looks at splitting car finance from rest of UK division

Motorists ‘could save £850 a year by choosing an electric car over a hybrid’

A Nissan Qashqai hybrid car at the carmaker’s factory in Sunderland. Photograph: Ian Forsyth/AP View image in fullscreen A Nissan Qashqai hybrid car at the carmaker’s factory in Sunderland. Photograph: Ian Forsyth/AP Motorists ‘could save £850 a year by choosing an electric car over a hybrid’ Owners of hybrids save only £13 a year compared… Continue reading Motorists ‘could save £850 a year by choosing an electric car over a hybrid’