Tariffs imposed under President Trump have added around $35 billion in costs to the auto industry, prompting a surge in used vehicle sales and the release of more affordable, feature-reduced models.
At least a dozen electric vehicle models have been discontinued, paused, or cancelled in the US in 2026, including Tesla’s Model S and Model X, Honda’s entire 0 Series, the Volvo EX30, BMW’s i4 and iX ...
Prices for clothing, vehicles and appliances are continuing to rise. The U.S. Supreme Court struck down Donald Trump's tariffs in February 2026, and new tariffs have since replaced them under a ...
You can thank the U.S. auto tariffs for this one, too. U.S. tariffs raise costs, forcing some automakers to remove or delay models. Kia delays the 2026 EV6 GT, citing "changing market conditions" and ...
Volvo is pulling the plug on its smallest and least expensive EV this week. The automaker is winding down US-bound production and imports of the EX30 and EX30 Cross Country over the coming weeks, with ...
A Supreme Court ruling struck down several of President Donald Trump's tariffs, potentially lowering consumer prices in the long run. The decision could reduce the cost of car manufacturing, providing ...
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