Gail Kachadourian Howe

1 day ago | autonews.com | Carly Schaffner |Michael Martinez |Gail Kachadourian Howe

Trump and Elon Musk scheduled to speak Friday after alliance descends into public feud, report saysThe reported call could ease the feuding after an extraordinary day of hostilities — largely conducted over social media — that marked a stark end to a close alliance.

1 day ago | autonews.com | Carly Schaffner |Michael Martinez |Gail Kachadourian Howe

Price increases from tariffs are inevitable for most manufacturers, but they will position adjustments strategically to avoid backlash from the Trump administration as well as consumer concern.

1 day ago | autonews.com | Carly Schaffner |Michael Martinez |Gail Kachadourian Howe |Larry P. Vellequette

Mazda said it has not announced price increases, but dealers say it has started to cut expenses elsewhere. The Mazda CX-50 is the only vehicle the automaker builds in the U.S., but it still faces a 10 percent tariff on parts imported from Japan.

1 day ago | autonews.com | Philip Nussel |Michael Martinez |Gail Kachadourian Howe |Larry P. Vellequette

The global gap in U.S. goods and services trade shrank 56 percent in April from the prior month, the U.S. Commerce Department said.

1 day ago | autonews.com | Michael Martinez |Larry P. Vellequette |Vince Bond Jr. |Gail Kachadourian Howe

China has imposed export restrictions on rare earth elements. A deal reached May 12 between the U.S. and China lowered tariff rates, and Trump administration officials hoped exports of rare earths and magnets would be freed up as a result, but that has not happened.