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Discover Honda's tech evolution: A deep dive into digital transformation, innovation programs, and strategic tech initiatives. Learn about partnerships, product launches, investments, acquisitions, and ICT budgets. Unlock insights into Honda's future-focused tech strategies and initiatives. Discover Honda's tech evolution: A deep dive into digital transformation, innovation programs, and strate...

Tariffs will quickly batter U.S. car sales as some prices rise by $5,000 to $10,000.

A Michigan-based economic consulting group said Thursday that automakers will still face $2,000 to $12,000 price impacts despite softened auto parts tariffs imposed by the White House and retaliatory tariffs.

President Donald Trump's administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties placed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from stacking on top of other ones, officials said.

Companies paying Trump's car tariffs won't also be charged for other levies.

Honda on Wednesday issued a return-to-office order for its US-based staff. The internal memo says that employees must work in the office at least 80% of the time by October 6.

President Donald Trump wants automakers to produce in the U.S., but "moving" production of massive assembly plants isn't that easy. Relocating production lines takes years of planning and construction — and can be costly.

The auto industry is in distress but not extreme distress; stable companies with low valuations like Toyota, Honda, and Li Auto are likely to outperform. Despite recent selloffs, markets remain richly priced; value investing may now have a chance to redeem itself, especially in distressed industries. Established automakers face declining margins and sales, while newer EV manufacturers see risin...