Consumers bring forward purchases in expectation of tariff related price increases and BEV tax credit expiration. New light-vehicle sales reached a seasonally adjusted annual rate (SAAR) of 16.1 million units in August 2025, marking a 6.1% increase from the same month last year, according to the National Automobile Dealers Association (NADA). Sales through the first […]
Strong US Property/Casualty Insurance Underwriting Profitability in First Half of 2025 to Continue
Fitch Ratings reports private passenger auto direct loss ratio down 6.3 points, tariffs could impact severity in second half of year. The U.S. Property Casualty (P/C) insurance industry reported very strong results for in the first half of 2025 (1H25), with a statutory combined ratio of 96.4%, down 1.2 percentage points year over year (YoY) […]
US-EU Reach Trade Framework Deal with Auto Tariff Cuts
The United States and European Union today announced a sweeping trade framework agreement that would eliminate most tariffs on automobiles and auto parts while establishing new trade commitments worth more than $1.3 trillion. European vehicle manufacturers are set to benefit from substantial tariff reductions on autos and auto parts imported into the US once the […]
Auto Insurance Premiums Projected to Rise 4% or More by the End of 2025
Insurify projects prolonged tariffs could increase premiums as much as 7% nationally by the end of the year, up from 4% without tariffs. According to a report by Insurify, auto insurance companies looked at 2025 as a year to keep insurance rates stable, or even cut them, after years of premium increases. In the first […]
PPG Reports Q2 Sales of $4.2 Billion
Company maintains full-year guidance despite 1% revenue decline during quarter. North American refinish organic sales flat. PPG Industries Inc. (NYSE: PPG) reported second-quarter net sales of $4.2 billion, down 1% from the prior year, as strong performance in performance coatings was offset by weakness in architectural markets and the impact of business divestitures. The Pittsburgh-based […]
Auto Care Association Schedules August 12 Tariff Policy Webinar
The Auto Care Association will host a webinar on U.S. trade and tariff policy August 12 from 1-2 p.m. (EDT). The session, titled “Tariffs and Trade Update,” will cover current policy developments, regulatory updates and enforcement actions. The association said the webinar will also address potential upcoming changes to trade policy. More information and registration […]
US-Japan Trade Deal Sets 15% Tariff Rate, Promises Market Access for Auto Industry
New agreement reduces planned tariff increases while securing Japanese investment and expanded export opportunities. The Trump administration announced a comprehensive trade agreement with Japan on July 23, establishing a 15% baseline tariff rate on Japanese imports and securing what officials describe as the largest foreign investment commitment in U.S. history. The deal directly impacts the […]
Ford Raising Sticker Prices on Vehicles Produced in Mexico
Ford Motor Company plans to hikes prices on some Mexico-produced models, citing mid-year pricing actions and increased costs due to tariffs. According to a report today by Reuters, prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following U.S. President Donald Trump’s tariffs. […]
US and Canadian Auto Recyclers Call for Tariff Exemption on Used Auto Parts
The Automotive Recyclers Association (ARA) and the Automotive Recyclers of Canada (ARC) have submitted a joint letter to President Trump requesting that used automobile parts harvested from end-of-life vehicles be exempted from recently imposed tariffs under Section 232 of the Trade Expansion Act of 1962. In their April 25 letter, the organizations outlined three key […]
Commerce Department Initiates Investigation on Medium-Duty and Heavy-Duty Truck Imports
The Department of Commerce has launched an investigation under Section 232 of the Trade Expansion Act of 1962 to assess whether imports of medium-duty trucks, heavy-duty trucks, and their parts pose a threat to national security. If the investigation determines the imports do pose a threat, similar to the finding on imported automobiles and parts, […]
- 1
- 2
- 3
- …
- 5
- Next Page »