J.D. Power reports EVs accounted for 9.3% of all U.S. sales last month, up from 8.4% in March 2024. Tesla remains the most considered EV brand despite a steadily declining share of the segment. +

Ford has launched “From America, For America,” a new campaign offering employee discounts on most of the factory’s U.S. lineup, in a bid to offset a new tariff on imported vehicles that goes into effect today. +

President Donald Trump has spared vehicle manufacturers and some auto part suppliers from sweeping new “reciprocal” tariffs announced today. Both remain subject to 25% tariffs announced in March. +

U.S. new-vehicle sales reported to Automotive News showed multiple double-digit gains and few losses in March as new tariffs set to go into effect starting April 3 are expected to raise prices. +

The S&P 500 suffered a 5.8% decline, making March the stock market index’s worst month since December 2022 as concerns mount over Trump administration tariffs on imported goods. +

President Donald Trump announced increased tariffs on new vehicles and some parts imported for sale into the United States, effective April 3, a move experts say will raise prices and reduce sales and production. +

The U.S. Bureau of Labor Statistics reports the annual rate of inflation fell from 3% in January to 2.8% in February on a year-over-year basis, slightly below the forecasted rate of 2.9%.+

Edmunds reports the U.S. auto finance market demonstrated stability in the face of uncertainty in February, with modest increases in loan cost, amounts financed, payments and terms. +

President Donald Trump has granted a one-month exemption to steep new tariffs on goods imported from Canada and Mexico for U.S. automakers, demanding a shift toward U.S. production in return. +

Few of the leading economists surveyed by Wolters Kluwer expect the Federal Reserve to announce an interest rate cut at its March meeting as inflation shows few signs of abating in 2025. +