The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union.
President Trump's tariff tit-for-tat with China is not the only trade tension in town. The White House is weighing the possibility of tariffs on cars and car parts from Europe and Japan.
President Trump has threatened to close the U.S. border with Mexico in response to a large number of illegal crossings. A closure would very likely hit a wide range of industries.
The vast majority of American cars run on gasoline. But analysts say that's poised to change as electric vehicles take over the market — albeit not as quickly as environmental activists might like.
Tesla is finally turning a profit selling premium electric cars. But CEO Elon Musk doesn't wantto make money just selling luxury cars to the world's elite. He's still aiming for the masses.
The automaker says it is not yet clear how many people will lose their jobs. The cuts come during a time of turmoil for the car industry, as automakers invest heavily in new technology.
Ten years after the financial crisis, the recovery hasn't reached everywhere. After the plant at which they worked was shuttered, three members of a family saw their lives change in unexpected ways.
The new deal to replace NAFTA includes modernizations and improvements. But the biggest benefit, for many sectors, is simply that there is a deal — reducing the uncertainty of previous months.
In the 1980s, America's automakers were suffering as new competition came in from Japan. The U.S. response could serve as an example for the Trump administration in its ongoing trade battles.
Sergio Marchionne, the man who saved Fiat Chrysler, has died. His successor now leads a company facing big challenges. It has yet to crack the key Chinese market and tariffs may hurt profits.