US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026. Saul Loeb | AFP | Getty Images President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027,…
Jose Munoz, CEO of Hyundai Motor Company, speaks during a press meeting during Milan Design Week, as Hyundai launches the new Ioniq 3 electric vehicle, in Milan, Italy, April 20, 2026. Claudia Greco | Reuters SAN FRANCISCO – Hyundai Motor plans to further expand its U.S. production at a new multibillion-dollar vehicle assembly plant in…
A lot of cars are lined up for importing and exporting cars to the port. Kokouu | E+ | Getty Images Japanese automakers are looking vulnerable to fallout from the Iran war and any turnaround in the yen. Toyota, Honda and Nissan benefited in their most recent quarterly reports from a historically weak currency, with…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the Pennsylvania Defense and Innovation Summit in Carlisle, Pennsylvania, July 15, 2026. Tom Brenner | Bloomberg | Getty Images LOS ANGELES — For years, JPMorgan executives have been talking with Olympics organizers about sponsoring the games. Before the next event, taking place in Los…
2026 Honda Ridgeline pickup truck. Courtesy HondaHonda, Honda Motor on Thursday confirmed a next-generation model of its Ridgeline pickup truck will be produced in the U.S. following a temporary production stoppage later this year. The future of the midsize pickup truck has been in flux amid reports that there could be a production pause coming…
The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is set to report its second-quarter earnings before the bell Tuesday. Here is what Wall Street is expecting, according to average estimates compiled by LSEG: Earnings per share: $3.20 adjusted Revenue: $47.01 billion Those…
A view of a Toyota RAV4 Hybrid on display before the game between the Washington Nationals and the Tampa Bay Rays against the at Nationals Park on April 03, 2023 in Washington, DC. ( G Fiume | Getty Images DETROIT — Second-quarter U.S. vehicle sales are turning into a tale of haves and have nots,…
Ten years ago, a record 17.6 million cars, trucks and SUVs were sold in the U.S. Some forecasts say the country might not come close to that number again. Analysts at consulting firm Bain & Company said several signs indicate the market is about to shrink even more. Falling birth rates, behavioral changes, high car…
Air taxi makers have hyped science fiction-like flying cars for years. But as that dream inches closer to reality, legal squabbles are clouding that momentum. Last year, Joby Aviation sued Archer, accusing the rival air taxi maker of “corporate espionage” and using stolen information to interfere with a real estate developer deal. Weeks later, Archer…
An AutoZone store in Richmond, California, Feb. 26, 2026. David Paul Morris | Bloomberg | Getty Images AutoZone Inc. on Tuesday recorded its worst trading day in more than four years despite the retailer beating Wall Street’s estimates for its third-quarter fiscal results. AutoZone stock closed off 9%, marking its worst decline since a 9.5%…
