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Automotive Trade Groups Unite Against Trump Tariffs

The Driving American Jobs Coalition, a group representing many facets of the US auto industry, has formed a new coalition to oppose potential new tariffs on imported automobiles and motor vehicle parts. The coalition—involving eight major auto industry trade groups—plans to inform policymakers and stakeholders about the negative effects of imposing new auto tariffs, including massive...

Moody’s says Trump’s Tariffs Will Disrupt Supply Chain

Moody’s said American automakers will not be immune from the import tariffs. The firm noted that both General Motors and Ford depend on imports from Mexico and Canada. “Tariffs would be a negative for both Ford and GM. The burden would be greater for GM because it depends more on imports from Mexico and Canada to support US operations,” the report said. “In addition, a significant...