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.
President Donald Trump plans to raise tariffs on cars imported from the EU to 25%, which could increase vehicle prices and what U.S. drivers pay.
At least a dozen electric vehicle models have been discontinued, paused, or cancelled in the US in 2026, including Tesla’s Model S and Model X, Honda’s entire 0 Series, the Volvo EX30, BMW’s i4 and iX ...
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 ...
Brussels imposed hefty import tariffs on China-made EVs in 2024 Volkswagen's deal highlights model-by-model tariff exemption approach Europe has become crucial market for China after blocked access to ...
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