US mulling easing auto industry tariffs

US mulling easing auto industry tariffs

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White House mulls tariff relief, NHTSA eases AV rules, Hyundai profit steady but risks rise

Top Stories Trump considers tariff relief for automakers. Read More NHTSA to streamline crash reporting, expand AV testing flexibility. Read More Hyundai profit holds, but U.S. import duties pose risk. Read More Nissan projects $5B loss amid global restructuring efforts. Read More Featured Interviews  How systemic thinking drives engagement and innovation – Doug Hall | Eureka Ranch In today’s fast-changing world, outdated systems and disengaged …

U.S. Auto Industry warns on impact of tariffs

Earlier this week, a coalition of U.S. auto industry players outlined the devastating impact that will result if the 25% tariffs on auto parts are imposed in the coming weeks. Among the results expected are substantial cost increases for parts which would result in higher costs for vehicles, lower sales at dealerships and difficulty in accessing parts for service and repair. Some analysts indicate the cost to the industry could reach between $11…