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The 25% tariffs on cars imported to the US officially took effect on Thursday, prompting a variety of responses from automakers. Constellation CEO Diana Lee joins Catalysts to discuss the impact of these tariffs on the automotive industry and the ongoing negotiations that could affect both supply and jobs.
Auto stocks are holding up relatively well after Trump's tariff bombshell.
The company said it would offer customers the same prices it offers its employees on most of its vehicles.
PepsiCo's free cash flow compares surprisingly well to soda king Coca-Cola. Ford is a strong dividend payer that, unlike some peers, has positive free cash flow.
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.
Ford Motor Company has launched a From America, For America campaign, offering U.S. customers access to the company's employee pricing.
The National Highway Traffic Safety Administration said on Thursday that it is recalling about 105,322 SUVs over concerns related to their seat belts.
Ford Motor plans to announce discounts across multiple models starting on Thursday, three sources said, leaning on its healthy inventory to offer customers thousands off their vehicles as some competitors have hiked prices to absorb added costs from tariffs.
President Trump confirmed his administration will impose 25% tariffs on auto imports starting Thursday at midnight.