The United States and the United Kingdom have agreed to ease the trade tension between the two countries by deciding to implement a few sectoral measures related to automotive, agriculture and overall access to each other’s...more
Through an executive order and a proclamation, both issued on April 29, 2025, President Donald Trump revised the application of previously announced tariffs, including those impacting automobiles and automobile parts. In his...more
On March 26, 2025, President Donald Trump announced a new set of 25% tariffs on all automobiles imported as of midnight April 3, 2025. But the tariffs issued will be imposed on more than just automobiles. The tariffs will...more
The 25% tariffs on imports from Canada and Mexico went into effect this week on Tuesday, March 4. Today, it appears there may be an exemption coming for the auto sector. This afternoon President Donald Trump’s spokesperson...more
Increasingly, buyers are turning to a new tactic to stem the tide of rising costs: Upstream buyers are demanding longer payment terms. The demands often come from the top (i.e., OEMs and Tier 1s) down and take many forms....more
Given recent headlines surrounding contentious UAW contract negotiations, it is increasingly likely that a labor strike against one or more of the Big Three automakers is not a question of if such strikes will occur, but when...more