News - Auto News

Toyota may halt U.S. imports of some models on Trump's tariffs

Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks will get more expensive.

Trump tariffs likely to ding Detroit 3 earnings statements

When Detroit's automakers report earnings on Wednesday, they are likely to highlight escalating tariffs and use the opportunity to warn investors of far greater pain ahead should President Trump impose broader tariffs on vehicles and parts.

Gentex boosts Q2 net income 23%

Mirror supplier Gentex reported a healthy gain in net income for the second quarter, but trimmed its full-year 2018 revenue guidance slightly.

Trump's financial regulator pick grilled at confirmation hearing

President Donald Trump's choice to lead the U.S. consumer watchdog survived aggressive questioning by lawmakers and looked on track to secure a confirmation vote.

Trump tariffs prompt Gentex to consider options

Supplier Gentex is exploring how to avoid proposed U.S. tariffs on imported auto parts if they are enacted, plus likely retaliation on U.S. exports by other countries, especially China.