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.
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 ...
Prices for clothing, vehicles and appliances are continuing to rise. The U.S. Supreme Court struck down Donald Trump's tariffs in February 2026, and new tariffs have since replaced them under a ...
Companies are increasingly passing the cost of President Donald Trump’s tariffs on to consumers and plan to keep raising prices, a KPMG survey released Monday suggests, underscoring how consumers have ...
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 ...
You can thank the U.S. auto tariffs for this one, too. U.S. tariffs raise costs, forcing some automakers to remove or delay models. Kia delays the 2026 EV6 GT, citing "changing market conditions" and ...