President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more. Go to Source
Author: New York Times Online News
Elon Musk Backlash Turns Into Global Sales Slump for Tesla
Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway. Go to Source
Auto Sales Surged in Anticipation of Trump’s Tariffs
Sales of cars picked up recently partly as buyers rushed to lock in deals before President Trump’s 25 percent tariffs on cars and auto parts go into effect. Go to Source
Car Tariffs Are Coming. For Some Buyers, That Was a Reason to Act.
“Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away. Go to Source
Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts. Go to Source
Trump Auto Tariffs: How Major Car Brands Would Be Affected
The scale of the damage depends on the circumstances of each company’s supply chain. Go to Source
Germany and France Say Europe Must Respond to Trump’s Auto Tariffs
Leaders in both countries warned that tariffs would fan inflation in the United States and upend global supply chains. Go to Source
Trump Announces 25% Tariffs on Imported Cars and Car Parts
The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers. Go to Source
Trump’s Tariffs on Autos Would Hit Europe Hard
The levies could hurt European automakers when the industry is already struggling, especially in Germany, Europe’s biggest economy. Go to Source
Why Elon Musk and Tesla Have a Legal Bone to Pick With Wisconsin
As the billionaire and his allied groups pour more than $20 million into a race for the state’s top court, his car company is suing Wisconsin over a law restricting vehicle sales. Go to Source