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For a few hours, it looked like Donald Trump had told car makers not to raise prices for buyers due to the new 25% tariffs on imported cars and parts. This would squeeze margins particularly hard on brands like Mercedes and BMW. The president either changed his mind, or the price cap was never a policy. Trump told NBC he did not care about car price increases at all. This will favor American manufacturers that may not have to raise prices. Now that the president has said he “couldn’t care less about the price increases by car manufacturers that mostly make cars and parts outside the US,” companies like Mercedes need to raise prices or could lose money on every car they sell. Trump believes that US cars will be more attractive because they can keep prices as they are and still make money. Ford (NYSE:F) is the best case in point. Eighty percent of its cars and the parts used to build them are made in the US. The same is not true of companies like GM (NYSE: GM) and Stellantis (NYSE:

Trump's auto tariff rollout rattles US stocks. Dow Jones, tech, and auto names like Ford and Stellantis slump as traders fear prolonged trade tension.

Stellantis will buy credits from a "pool" led by Tesla also in 2025, to meet European Union's CO2 reduction requirements, despite Brussels giving carmakers three years to comply, the group's Europe head said on Saturday.

Shares in foreign and domestic car companies are down since yesterday's market close after President Donald Trump announced his latest round of tariffs on Wednesday. Those tariffs include a 25% levy on automobiles imported into the United States.

John Murphy, senior North American automotive equity research analyst at Bank of America, joins CNBC's “The Exchange” to discuss the market reaction to President Trump's announcement of a 25% tariff on all cars imported into the U.S., the potential winners and losers in the auto industry and more.

Jackie Siegel, well-known as the “Queen of Versailles” from a 2012 documentary, is finally nearing the end of a massive, 20+ year renovation of her mansion in Florida. She recently announced on Instagram that the decades-long project is almost complete. The 90,000-square-foot house includes 30 bathrooms, 14 bedrooms, a 35-car garage, and a pub. It’s expected to be the largest and most expensive single-family home in the United States. (Consider these factors before buying a home during retirement.) Siegel’s announcement raises the question of whether such large homes are excessive — in other words, when is a house too big? It would seem that, like in the Gilded Age, the very wealthy continue to build enormous estates to showcase their wealth and ambition. To find the 20 largest houses in America, 24/7 Wall St. reviewed various sites, including Explore, Family Handy Man, and Largest. On our list, we’ve included the home’s square footage, who origina

John Elkann, the chairman of Stellantis , voiced concerns on Thursday over the impact of 25% U.S. tariffs imposed on the carmaking sector on the cost of vehicles and demand.

Dan Ives, senior equity research analyst at Wedbush Securities, says auto tariffs unveiled by President Donald Trump would be a "gut punch" to Detroit as he examines the potential impact on General Motors, Ford, and Stellantis, as well as Tesla.

Trump's 25% auto tariff shook markets, hitting stocks and sparking fears of a global trade war. UAW backed the move, while Tesla and foreign automakers warned of higher costs and job risks.

President Donald Trump said he would place 25% tariffs on "all cars that are not made in the United States." The tariffs apply to imported passenger vehicles and light trucks, as well as key automobile parts including engines and transmissions, the White House said in a fact sheet.