Twenty-five percent tariffs on imported cars are now in effect in the U.S. As the New York Times reported Thursday (April 3), it’s a policy that President Donald Trump argues will lead to investments and jobs in the American car industry. Analysts, meanwhile, say the levies will...
This week will bring new 25% tariffs on auto imports, a change that could shake the car industry. As Bloomberg News reported Saturday (March 29), these new levies — which will first be focused on assembled vehicles but could eventually include car components — could...
President Donald Trump signed an order Wednesday (March 26) that imposes 25% tariffs on imports of automobiles and certain auto parts, according to a thread posted on X by the White House’s Rapid Response 47 account. The thread said the tariffs aim to stop a...
American car buyers are reportedly speeding up their shopping due to tariff worries. As Reuters reported Tuesday (March 11), car dealers have an average three-month supply of vehicles, and car companies have so far gotten two reprieves on tariffs since President Donald Trump said they would go...
December 13, 2024
It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Amazon is testing 15-minute grocery delivery in India as part of its push into the “quick commerce” sector, which is expected to surpass $6 billion in annual sales this year. The eCommerce giant seeks to offer fast, wide-ranging selections […]
December 03, 2024
Dealers are letting artificial intelligence (AI) take the wheel in reshaping how Americans shop for cars, steering buyers from smart ads to digital showrooms. Car dealers embracing AI are seeing...
October 31, 2024
In the auto parts and retail industry, companies face unique challenges and opportunities as they respond to changing consumer preferences and economic pressures. Recent third-quarter financial results from CarParts.com and...
September 23, 2024
In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and...
May 12, 2025
The average transaction price (ATP) of new vehicles increased by 2.5% in April, driven by a decline in sales incentives amid talk of tariffs, Cox Automotive’s Kelley Blue Book said Monday (May 12). The company characterized the month-over-month rise in the new-vehicle ATP as “sharp,” saying in a press release that the typical increase seen […]
April 03, 2025
Twenty-five percent tariffs on imported cars are now in effect in the U.S. As the New York Times reported Thursday (April 3), it’s a policy that President Donald Trump argues will lead...
March 30, 2025
This week will bring new 25% tariffs on auto imports, a change that could shake the car industry. As Bloomberg News reported Saturday (March 29), these new levies — which...
March 26, 2025
President Donald Trump signed an order Wednesday (March 26) that imposes 25% tariffs on imports of automobiles and certain auto parts, according to a thread posted on X by the...