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U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday.

President Donald Trump's 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies could take years to unfold. In the near term, auto industry investors should expect continued volatility in automaker and supplier stocks, according to Wall Street analysts.

U.S. President Donald Trump's 25% autos tariffs will cover nearly $600 billion worth of vehicles and auto parts and extend to all computer imports into the U.S., including laptops, according to a Reuters analysis of tariff codes included in a federal register notice on Wednesday.

Extends streak to 11 consecutive years in Intellectual Property Owners Association report Continued emphasis on innovation leads to 2,428 patents in 2024 ANN ARBOR, Mich. , April 2, 2025 /PRNewswire/ -- For the 11th consecutive year, Toyota has secured more patents from the United States Patent and Trademark Office (USPTO) than any other automotive company according to the annual report by the ...

Toyota Motors' North American unit reported a rise of about 1% in first-quarter U.S. vehicle sales on Tuesday, fueled by demand for its pickup trucks and luxury models.

The commission said that 16 major car manufacturers and the ACEA entered into what it called anticompetitive agreements for almost 15 years.

First quarter electrified Toyota and Lexus sales make up more than 50 percent of total sales volume Lexus Division records its best-ever first quarter sales result 32 electrified vehicle options available, the most among any automaker with more in showrooms throughout 2025 PLANO, Texas , April 1, 2025 /PRNewswire/ -- Toyota Motor North America (TMNA) today reported March 2025 U.S. sales of 231,...

The European Commission issued on Tuesday a fine amounting to about 458 million euros ($494.64 million) to 15 major car manufacturers and the European Automobiles Manufacturers' Association for participating in a cartel regarding end-of-life vehicle recycling.