Automotive

The Latest: Markets plunge as Trump tariffs deliver shock waves to world economy

Financial markets around the world are reeling following President Donald Trump’s latest and most severe volley of tariffs , and the U.S. stock market may be taking the worst of it.

Apr 3, 2025 12:17 PM Read more >

Stellantis temporarily halts production at 2 plants in Canada, Mexico as auto tariffs take effect

Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles. The move will result in the temporary layoff of 900 U.S. employees.

Apr 3, 2025 10:46 AM Read more >

Trump's tariffs trigger two-week shutdown at Stellantis assembly plant in Windsor

Automaker Stellantis is temporarily pausing production at its assembly plant in Windsor, Ont., for two weeks as it assesses the effects of the recently announced U.S. tariffs on imported vehicles.

Apr 3, 2025 6:35 AM Read more >

‘Can’t just flip a switch’: Rerouting supply chains amid tariffs poses major hurdles

MONTREAL — The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say.

Apr 3, 2025 2:00 AM Read more >

'Liberation Day': A timeline of Donald Trump's trade war with Canada

For over a year before the November 2024 presidential election, Donald Trump had been signalling plans to impose across-the-board tariffs if he won the United States presidency. Trump was elected on Nov.

Apr 2, 2025 3:56 PM Read more >

The Latest: Trump announces sweeping tariffs in financial and political gamble

President Donald Trump announced plans for sweeping tariffs Wednesday , saying “our country has been looted, pillaged, raped, plundered” by other nations.

Apr 2, 2025 3:11 PM Read more >

Tesla sales tumble 13% as Musk backlash, competition and aging lineup turn off buyers

NEW YORK (AP) — Tesla sales fell 13% in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.

Apr 2, 2025 10:49 AM Read more >

Counting the potential toll of Trump's tariffs on major Asian economies

BANGKOK (AP) — The trade war that U.S. President Donald Trump has escalated in his second term is a challenge for all Asian economies, large and small, in an era when the most populous region of the world is expected to drive global economic growth.

Apr 2, 2025 4:10 AM Read more >

Automakers report stellar sales ahead of Trump's tariffs taking effect

NEW YORK (AP) — The major car companies say sales rose sharply in March, with most reporting double-digit gains. For some companies, the strong performance last month helped make up for a sluggish start to the year. Automakers sold nearly 1.

Apr 1, 2025 4:52 PM Read more >

Tariff tally: Where Canada-U.S. trade stands ahead of next milestone

TORONTO — More than two months of back-and-forth, false starts and changing plans in the trade war launched by the United States has made it hard to know what's in or out. Wednesday is set to be another big day for tariffs as the latest pause in U.S.

Apr 1, 2025 2:16 PM Read more >