Trump Pauses Some Tariffs; Move Does Not Apply to Cars
President Trump today announced a 90-day pause on some tariffs. The White House says tariffs on cars and car parts remain in effect.
President Trump today announced a 90-day pause on some tariffs. The White House says tariffs on cars and car parts remain in effect.
Car dealers paid less for used cars at auction in March than in February. But tariffs likely mean prices will rise soon.
Tesla has removed the Cybertruck range extender option from its website, raising questions as to whether the company will build it.
Mercedes-Benz will not hike prices to account for new tariffs on cars and car parts for now, according to a new report.
Hyundai and Genesis have pledged to keep prices flat until June. Honda and Toyota have not set a date, but will aim to keep prices steady.
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Automakers have paused production or shipment of some cars in an early response to new tariffs. Millions of cars are still in stock at dealerships.
Volvo has recalled 7,483 plug-in hybrid (PHEV) vehicles because a short circuit in their high-voltage batteries could trigger a fire.