MEMA’s Paul McCarthy says tariffs strain suppliers but open vehicle powertrain choices and Right-to-Repair efforts bode well for aftermarket growth.

Car manufacturing could pivot to America, Musk disagrees with Uber CEO on autonomy safety and seven-year car loans are ...

Canada is dropping many of its retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United ...

Auto suppliers have been adamant that they will not or cannot taken on the 25% increased costs on non-compliant USMCA parts — tariffs that could be in addition to levies on steel and aluminum ...

HONORING PAST COMMITMENTS The Canadian government confirmed the USMCA auto side letters' terms in an emailed statement to Reuters, and said it fully expects the U.S. to honor the agreements.

Key Points All imported vehicles will face a 25% tariff unless they meet specific U.S. content requirements under USMCA. Auto parts will follow by May 3, 2025.

Key Points All imported vehicles will face a 25% tariff unless they meet specific U.S. content requirements under USMCA. Auto parts will follow by May 3, 2025.

While auto parts from USMCA-compliant suppliers are exempt from the tariffs, imported vehicles themselves are still subject to the 25% duties, which could lead to higher vehicle prices in the U.S.

Canadian Prime Minister Mark Carney announced Thursday his country will impose 25 percent tariffs on U.S. auto imports that do not comply with the U.S.-Mexico-Canada Agreement (USMCA) on free trade.

Canada demands US remove tariffs on its auto sector, and adds a 25% counter-tariff on certain vehicles and parts. By Jay Ramey Published: Apr 10, 2025 12:50 PM EDT ...

U.S. Customs and Border Protection on Thursday confirmed that auto parts made in Canada and Mexico, part of the U.S.-Mexico-Canada trade agreement, will be exempt from a 25% tariff that's set to ...

The agreement, known as the USMCA, raised required regional content to 75% of a vehicle’s value or components. Under the old NAFTA agreement, that threshold was 62.5%.