Implemented or not, Trump's 25% tariff threat is challenging the auto industry

News News

Implemented or not, Trump's 25% tariff threat is challenging the auto industry
United States Latest News,United States Headlines
  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.

As President Donald Trump's threat to impose 25% tariffs on Canada and Mexico as soon as Saturday looms, the global automotive industry is collectively holding its breath.

"Our key take from GM's 4Q result is that while the opportunity for GM is highly compelling, US policy uncertainty must be navigated for the time being," Barclays analyst Dan Levy said in an investor note Wednesday.GM did not account for potential tariffs in its guidance, which CFO Paul Jacobson described as a"cautious" approach given no duties on North American goods have actually been implemented.

Most major automakers have factories in the U.S. However, they still rely heavily on imports from other countries including Mexico to meet American consumer demand.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

nbcchicago /  🏆 545. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

In Honor of 2025, Here Are 25 No. 25 Billboard Hot 100 HitsIn Honor of 2025, Here Are 25 No. 25 Billboard Hot 100 HitsHot 100 peak date: Jan. 30, 1965 On the first Hot 100 of 2025, dated Jan. 4, the late legend ranks in the top 10 with “Let It Snow! Let It Snow! Let It Snow!” Martin appeared on the first Hot 100, dated Aug. 4, 1958, and boasts a 66 year and five-month span of gracing the chart.
Read more »

Wendy's Celebrates 25 Years with 25-Cent Dave's Single DealWendy's Celebrates 25 Years with 25-Cent Dave's Single DealWendy's is kicking off 2025 with a special promotion to mark the 25th anniversary of the new millennium. Customers can get a Dave's Single for just 25 cents from January 9th to 13th through a partnership with Grubhub. Additionally, Wendy's is offering a 2 for $7 deal featuring popular menu items until March 2nd, and is continuing its Frosty Key Tag program, which provides free Frostys for a year.
Read more »

25 Movies Turning 25 in 202525 Movies Turning 25 in 2025This article celebrates 25 movies released in the year 2000 that are turning 25 years old in 2025. The author reflects on the passing of time and highlights the diverse range of films from that year, including Oscar winners, blockbusters, and cult classics.
Read more »

Top 25 Women's College Basketball Rankings: UCLA Remains No. 1, Minnesota Cracks Top 25Top 25 Women's College Basketball Rankings: UCLA Remains No. 1, Minnesota Cracks Top 25UCLA holds onto the top spot in the AP Top 25 women's college basketball poll, while Minnesota makes its first appearance in the rankings since 2019 after a strong start to the season. The Golden Gophers have won 16 of their first 17 games. Other notable moves include LSU jumping to No. 5 and Oklahoma State re-entering the poll after defeating West Virginia.
Read more »

How the cleveland.com girls basketball Top 25 fared Saturday, Jan. 25How the cleveland.com girls basketball Top 25 fared Saturday, Jan. 25Find results for the top games around Northeast Ohio and the best performances.
Read more »

Auburn tops men's AP Top 25 poll; UConn plummets to No. 25Auburn tops men's AP Top 25 poll; UConn plummets to No. 25Auburn and Duke remain at the top of the AP men's Top 25 hoops poll, while Texas Tech and Vanderbilt make their poll debuts and UConn clings to the No. 25 spot.
Read more »



Render Time: 2025-02-12 14:08:24