President Trump's threat to impose a 50% tariff on Canadian autos and auto parts starting January 1, 2027, is viewed by UBS analysts as a negotiating tactic rather than a firm policy. The tariff threat follows stalled US-Canada trade talks, with large truck tariffs a key sticking point. UBS notes the tariff would impact automakers unevenly, with companies like Honda, Toyota, and Stellantis more exposed due to higher Canadian vehicle content in US sales, while Ford and GM would feel less impact. The move appears aimed at pressuring a restart of trade negotiations before the US midterm elections in November 2026.
Ford's stock has risen 6% this year, beating Tesla's 22% decline, though Ford's market cap is just 4% of Tesla's $1.38 trillion. Ford dominates the U.S. SUV and pickup market with its profitable F-150, while Tesla faces challenges with declining EV s...
Tesla has increased the price of its Cybertruck models by $5,000, with the dual motor and premium all-wheel drive versions now priced at $74,990 and $84,990 respectively. This price hike comes amid sharply declining sales, with Cybertruck deliveries ...
President Trump announced a 50% tariff on Canadian vehicles and auto parts effective January 1, 2027, causing Ford and Stellantis shares to drop 4%, and General Motors to fall 2%. The tariffs follow failed US-Canada trade talks and aim to address a $...
