Through the deal, the EU will purchase $750 billion worth of oil, gas, nuclear fuel, and semiconductors from the US
Volvo is dropping the V90 wagon from its US lineup, alongside the S90 sedan
Months after Trump announced his tariffs, they’re still causing turmoil in the auto industry
Carmakers must make the most of the remaining 2.5 months the EV credits are available
President Donald Trump wants to push the EU and Mexico into more favorable trade deals
EU countries thought they were close to securing a 10 percent deal like the UK negotiated, but are now facing a 30 percent levy
Cadillac remains optimistic as it’s one of the few car brands that are better shielded against the new tariffs
Imports from Europe and exports to China from the US both suffered as a result of Trump’s decision to hike tariffs
Nissan has stopped exporting a number of American-made vehicles to Canada
Donald Trump’s trade policies made BYD reconsider its plans, choosing to invest in Brazil instead of the US’ next-door neighbor
The truck is now expected to start around $25,000
The proposal will also end the credit for leased EVs not built in the U.S.
The number of new-energy vehicles being exported from China jumped 43 percent in May
The measure must now make it through the Senate before becoming law
In April, Subaru received nearly 12,000 orders for the new Forester in Japan, more than double the previous single-month record
After a pause, funding for new EV chargers could resume next month
Average consumers may only benefit around $500 through the new legislation
While Trump wants more American cars sold in Japan, local buyers aren’t interested