North America Isn’t the Only Major Auto Market With Huge Headwinds

For the past two years, we’ve reported that the post-recession upswing in new car buying in North America seems to have plateaued. Environmental factors have led to Millennials buying fewer cars than their parents’ generation, and wealthy f…

Three’s Company, Too? Canada Returning to NAFTA Dance As U.S. and Mexico Approach Auto Deal

Canada says it could rejoin the NAFTA discussion, just as the United States and Mexico approach an agreement on automobiles. The two nations engaged in bilateral negotiations a little less than a month ago, seemingly making positive headway on a trade …

Britain’s Auto Industry Foresees Doom Without EU Deal Before Hard Brexit

Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), Britain’s main industry group, claims automakers were becoming increasingly concerned with the nation’s departure from the European Union. Prime Minister …

BMW Raising Prices on American-made SUVs in China, Willing to Absorb Some Tariff Costs

BMW says it will hike the price of two utility vehicles in China to cope with the additional cost of tariffs on U.S. car imports in the world’s biggest vehicle market. The models are the X5 and X6, both manufactured in South Carolina. This news comes a…

Trump Puts Hold on New Auto Tariffs; Trade Negotiations Commence With Europe

President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the United States launches negotiations to cut other trade barriers with the European Union. After a meeting at the White House, Trump and European Commission Preside…