automotive tariffs – Charm

Tom Maoli on tariffs, EV market challenges, and the future of the auto industry

Cs news3 months ago04 mins

With tariffs and economic uncertainty weighing on the automotive industry, dealers are navigating a fast-changing landscape. Tom Maoli, president and CEO of Celebrity Motor Car, joins us on the latest episode of Inside Automotive to discuss how the tariffs are affecting sales, why he believes the EV market is struggling, and what concerns him most…

China imposes 10% additional tariff on U.S. as trade tensions persist

Cs news5 months ago03 mins

During the latest round of tariffs on U.S. imports, China’s took effect on Monday, imposing an additional 10% duty on vehicles with engines larger than 2.5 liters. This brings the total tariff on these vehicles to 25% as trade negotiations between the two nations stall over the Trump administration’s broader tariffs on Chinese goods. While…