auto industry News

US Officials Mull Easing Tariffs Targeting the Auto Industry

The Trump administration is considering whether to reduce certain tariffs targeting the auto industry that carmaker executives have warned would deal a severe blow to profits and jobs. One measure would spare automobiles and parts already subject to tariffs from …

Ford’s CEO to Warn Lawmakers of ‘Devastating’ Tariff Impact

Ford Motor Co. Chief Executive Officer Jim Farley will travel to Washington on Wednesday to warn members of Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the US auto …

Transport Secretary Orders Fuel-Economy Rule Rewrite

Newly appointed Transportation Secretary Sean Duffy ordered a rewrite of more stringent US fuel-economy rules, following through on one of President Donald Trump’s first directives after he retook the White House. The memorandum Duffy signed in the first act after …

Trump Administration Reviewing US Automatic Emergency Braking Rule

A U.S. auto safety agency said on Friday it is reconsidering a landmark rule from the administration of former President Joe Biden requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems. The National …

GM, Ford Fall on Trump Tariffs Seen Adding $3,000 to Car Prices

Shares of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause sticker prices to soar even further. Trump said that he would impose additional 10% levies on goods from China and …

NHTSA Proposes New Vehicle Requirement to Reduce Pedestrian Deaths

A U.S. regulator said on Monday it is proposing a requirement that some future vehicles be redesigned to reduce the risks of serious or fatal injuries in crashes involving pedestrians amid a rise in such deaths. The National Highway Traffic …

EV Startup Fisker Files for Bankruptcy, Aims to Sell Assets

Fisker filed for bankruptcy protection late on Monday, as the U.S. electric-vehicle maker looks to salvage its operations by selling assets and restructuring its debt after burning through cash in an attempt to ramp up production of its Ocean SUVs. …

US Finalizes New Tailpipe Emissions Limits for Heavy Duty Vehicles

The U.S. government said on Friday it was finalizing tighter tailpipe emissions standards for heavy duty vehicles like semi-trucks and buses, but the new rules would not be as strict as initially proposed in 2023. The Environmental Protection Agency (EPA) …

Republican Attorneys General Urge Biden to Drop EPA Emissions Plan

A group of 25 Republican state attorneys general Thursday urged the Biden administration to abandon its proposal to sharply cut vehicle tailpipe emissions, which would require dramatically more electric vehicles, saying it would harm the economy and burden the electrical …

Stellantis, GM Pay $363M in Fuel Economy Penalties

Chrysler parent Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior model years, documents seen on Friday by Reuters show. The record-setting penalties include $235.5 million …