Tariffs imposed under President Trump have added around $35 billion in costs to the auto industry, prompting a surge in used vehicle sales and the release of more affordable, feature-reduced models.
Companies are increasingly passing the cost of President Donald Trump’s tariffs on to consumers and plan to keep raising prices, a KPMG survey released Monday suggests, underscoring how consumers have ...
Nissan Motor is working to reduce costs on vehicles manufactured in Mexico to offset the impact of 25% US tariffs, which have made the models harder to sell in the American market. In an interview ...
Tesla is selling Shanghai-made Model 3 sedans in Canada at C$39,490, nearly half the C$79,990 price of the Fremont-sourced model, after Prime Minister Carney’s January 2026 trade deal with Beijing cut ...