Latest news with #carindustry


Auto Express
2 days ago
- Automotive
- Auto Express
This car giant is £260m down thanks to Trump and his tariffs
President Trump's tariffs are starting to bite across the car industry, if the latest news from the owner of Citroen, Peugeot, Vauxhall, Fiat and Jeep is anything to go by. The multi-brand Stellantis group says that it's in a 300m Euro (£260m) hole as a result of extra costs associated with importing cars to the US market. Advertisement - Article continues below The fall in revenue resulting from the tariffs contributed to a 2.3 billion Euro loss in the first half of 2025. But given that the measures were only imposed part of the way through that reporting period, worse could be still to come. "We'll see significantly more in the second half unless things change," said Doug Ostermann, Stellantis Chief Financial Officer. 'Given the current outlook, I would expect to see that figure probably double in the second half, or more.' Stellantis revealed that shipments to North America declined by 25 per cent in the three months to June compared with the same period last year. The likes of Peugeot, Citroen and Vauxhall don't have a presence in the US market, but Stellantis also owns Jeep, Chrysler, Dodge and Ram, as well as Alfa Romeo and Maserati, which do. US customers might end up paying more for cars but you don't have to. Check out the latest deals on the Auto Express Find a Car service. The giant Stellantis group does manufacture cars in the US but has a total of 52 plants in other countries around the world - including in Europe, Canada and South America - that import vehicles to the US market. The global nature of the car industry means that there will be other brands in a similar boat, both those importing completed vehicles and those sending components to feed US factories - although Trump did take measures to lower tariffs on these components in April. The UK arrived at a trade deal with the US government in May that lowered the 25 per cent tariffs on complete cars built here to 10 per cent, but this is still significantly higher than the previous tariff of 2.5 per cent. There could be further problems for Stellantis if President Trump follows through on his threat to impose 50 per cent tariffs on Brazil. The group has a major manufacturing operation there producing Fiat and Jeep cars. Come and join our WhatsApp channel for the latest car news and reviews...


Auto Car
17-07-2025
- Automotive
- Auto Car
I drove the Jaguar C-X75 - they should have built it
Did it feel like the start of something that would change the car industry? Not entirely. But it was clearly a more credible product than anyone with whom I spoke about it at the time was ready to believe. I wouldn't have known that much from a show car. There are prototype drives, by contrast, when you know precisely what strategic significance you're dealing with. Little can give you a better idea of that than turning up at the gates of a brand-new factory built to manufacture the car you're about to sample, a model that is being hailed as the saviour of its long-ailing creator. That's how I first sampled an Aston Martin DBX: with a car load of engineers along for the ride through the Welsh mountains. ('What do you think, Matt?' No pressure, there, then…) And, just occasionally, you know that a test drive in a prototype is all you're ever going to get. That is exactly how it was with Jaguar's great aborted hybrid hypercar, the C-X75, when we managed a handful of laps of JLR's Gaydon high-speed and handling circuits in 2013. This was the time of the hypercar 'holy trinity'. Jaguar had been bold enough to invest big and, with the help of Williams Advanced Engineering, take its particular vision for such a car all the way through to a highly polished place. But, rather crushingly, it had also already decided not to build it. That competitors from Porsche, Ferrari and McLaren were all coming to market at the same time was too great a risk. Above all, JLR couldn't afford another XJ220. The car certainly didn't deserve description in those terms. I never drove a LaFerrari, but I have driven both a McLaren P1 and a Porsche 918 Spyder, and honestly, the C-X75 was right up there. It had bucketloads of star quality; its chassis and steering were outstanding; and its 1.6-litre, 10,000rpm twin-charged four-cylinder combustion engine topped the lot. It was like some mutant superbike motor backed by epic electric torque fill. It was monumental. The C-X75 might well be the greatest performance car that the British industry never made. And being in the position to learn that – however bittersweet it may feel on reflection – is why you don't turn down drives in prototypes.


The Independent
14-07-2025
- Automotive
- The Independent
Can the BYD Atto 2 EV compete on price?
So BYD has made the rest of the car industry sit up and take notice, but buyers are a little slower on the uptake. Motoring expert Steve Fowler says they shouldn't be – the Atto 2 is an excellent car that deserves attention, as long as BYD prices it competitively. Watch more from Drive Smart on Independent TV.


Motor 1
13-07-2025
- Automotive
- Motor 1
Car Saleswoman Says Not to Bring More Than 1 Person with You to the Dealership. Here's Why
Car saleswoman Ash (@ashxauto) went viral for boldly telling people not to bring the whole family along when car shopping. Her post has generated over 20,300 views as of this writing. Why Doesn't She Want You to Bring More Than 1 Person? 'I'm gonna hold your hand when I say this: Your family is literally ruining your car shopping experience,' Ash begins. She doubles down on the take with her caption, 'Family doesn't always know best.' She says rather than advising you on what's best for you, family members will often advise you based on what they'd do. 'What families don't understand is that car buying advice is not linear. What works for one will not work for another,' Ash says. She then provides viewpoints from different family members that can alter the buying process. 'Your dad would never lease a car because it's throwing away money. Meanwhile, leasing may be the best option to fit you the best,' she says. 'Your uncle is telling you to buy a car for $5,000 cash because he does it every three years and he's just fine. Your mom is telling you to get a Toyota at a Honda dealership because it's cheaper, but she doesn't know that you can buy a certified pre-owned one that comes with seven years, 100,000 miles on a powertrain warranty,' she shares. The car saleswoman says she is by no means trying to get buyers to stop listening to their families. Rather, she wants them to be educated and empowered enough to make their own decision. 'Do your own research. Figure out what works for you, and stop relying on people that don't pay your bills or make your money to make decisions that affect your future,' she concludes. Who Should You Bring Car Shopping? Car salespeople earn a commission on their sales, MotorTrend reports. This can lead to salespeople being very pushy and employing different tactics to get someone to buy a car. So it's not a bad idea to bring an extra person to go car shopping, NerdWallet shares. Edmunds states having another person at the dealership can help the process. However, the person needs to be chosen wisely and understand the car buyer's goals. An extra person is useful during the test drives, negotiating, and signing the contracts. Having the right person with you at the dealership can help you fight off pushy salespeople, notice inconsistencies in deals, and even leverage your position in negotiations. The person's gender is irrelevant as long as they can stay on objective and have an eye for details. They may specialize in cars or negotiations, or simply be unafraid to ask questions. Prior to visiting the dealership, it's important to define the roles each person plays in the process. Here are five questions you can ask your friend or relative to see if they are the right person for the task, according to NerdWallet : Do you know the automotive market? Do you know the best way to finance a car? How are your negotiating skills? When was the last time you were in a car dealership? Do you know how to say no in the finance and insurance office? What Did Viewers Have to Say? Not everyone was fully convinced of Ash's tip. 'Always keep in mind y'all - the dealership only has their best interests in mind, not yours. Of course they don't want you to bring anyone that has experience,' one TikTok commenter shared. "'Don't bring people who won't let you impulse buy'," another replied. Others shared the ways family members may not be very helpful in the car-buying process. "My cousin said to not buy warranties. As if they're the ones who are going to pay for their future shop bills,' one commenter shared. 'They are just going to talk about the low interest rate they got 10 years ago,' another commenter said. One salesperson said, 'I had a kid's dad ruin getting his dream car because he doesn't trust dealerships. The kid reached out a few months later after buying a messed up car off Facebook marketplace. By then the car was already sold.' Motor1 has contacted Ash via TikTok direct message. This story will be updated if she replies. Now Trending 'I Usually Buy a 6-Pack For Just $26:' Mechanic Says Always Use a Fuel Cleaner with PEA. Here's What You Need to Know 'What Should I Do?' Chevrolet Salesman Says His Client Owes $23,000 on a 2012 Chevrolet Cruze. How? Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )


Car and Driver
10-07-2025
- Automotive
- Car and Driver
View Exterior Photos of the 2026 Mazda CX-5
Read the Full Story|See Interior Photos The 2026 Mazda CX-5 is the highly anticipated third generation of one of our favorite compact SUVs, and it's now bigger than before but thankfully still handsome.