Stocks Rise After Tariffs on Car Imports are Delayed
The S&P 500 jumped about 1.2 percent on Wednesday, after two days of declines. Shares of automakers rallied.
Automobiles
Tesla Sales Plunge in Germany, Reflecting Broader Slump in Europe
February numbers show the U.S. electric car maker is struggling to attract buyers in the region, as anger at Elon Musk’s politics intensifies.
Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.
Elon Musk Is Focused on DOGE. What About Tesla
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
States are using higher registration fees for electric cars to make up for declining fuel taxes, but some are punitive, environmentalists say. A federal tax could be coming.
Stellantis Will Restart Illinois Factory That U.A.W. Pushed to Revive
The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.
Trump Is Said to Push for Early Reopening of North American Trade Deal
The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.
Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.