Automakers Brace for Serious Impact from Trump Tariffs
Recent changes in the tariff policy implemented by former President Donald Trump's administration pose a significant challenge for major automakers in the United States. These tariffs, imposed on imported cars and auto parts, may place considerable pressure on companies’ financial performance. Automakers are urging the government to reconsider these measures, as they could lead to increased vehicle prices and reduced competitiveness on the international stage.
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Hyundai Cancels Free Maintenance for Cars Due to Tariffs
Hyundai has made a significant announcement that starting in 2024, it will discontinue its free maintenance program for many of its new vehicles. This decision is a result of tariffs imposed on imported cars, which have increased production and maintenance costs. Previously, Hyundai offered its customers free technical maintenance for a certain period or mileage, which was a key factor in attracting buyers.
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Tariff Relief for Major Automakers from the White House
The White House has granted the largest U.S. automakers, known as the "Big Three," a temporary exemption from tariffs related to imported automotive components. This decision comes amid ongoing tensions between the government and the automotive sector, which continues to face supply chain issues and global challenges related to chip shortages.
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Mitsubishi Unveils Financial Outlook for 2025, Emphasizing Sustainable Growth
Mitsubishi Motors has presented its financial outlook for 2025, focusing on sustainable growth in the changing automotive market. Key aspects of the forecast include plans to expand the model range and implement new technologies aimed at attracting more customers and meeting modern ecological requirements.
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Honda Faces Challenges in Developing Electric Type R Model
Honda is currently grappling with the difficulties of creating an electric version of its iconic Type R performance hatchback. The esteemed Type R brand has long been synonymous with high-performance vehicles marked by their powerful combustion engines and sporty feel. However, as the automotive industry shifts towards electrification, maintaining the thrilling characteristics that define the Type R while transitioning to an electric powertrain poses significant hurdles for Honda's engineers.
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Toyota Maintains Leading Position in the Global Automotive Market in 2024
According to preliminary data, Toyota has once again confirmed its top position among global automakers in 2024. The Japanese company, known for its reliable and economical vehicles, continues to hold the title of the world's largest automaker, ahead of close competitors such as Volkswagen and General Motors. This success can be attributed not only to strong demand for hybrid and electric vehicles but also to a high level of customer service and satisfaction.
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Toyota Unveils New Four-Cylinder Turbo Engine
In a recent update from Toyota, the automaker introduced a new four-cylinder turbo engine that promises not only improved performance but also exceptional fuel efficiency. This engine has been developed using modern technologies and harmoniously combines high power with low emissions, aligning with current environmental regulations.
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Automakers Increased Donations Supporting Trump Before His Inauguration
A recent analysis has revealed that several major automakers significantly increased their monetary contributions in support of Donald Trump prior to his inauguration in 2017. The study indicated that many companies in the automotive industry donated substantial sums both directly to Trump and to various political committees supporting his election campaign.
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Italian Manufacturer Reveals New Quad Turbo V12 Engine for Hypercar
An Italian car manufacturer, renowned for its luxury and high-performance vehicles, has announced a new quad-turbo V12 engine that they plan to install in their upcoming hypercar. This revolutionary engine promises to elevate performance and impressive speeds to a new level, making it one of the most anticipated releases in the automotive industry.
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Price Drop on the Powerful 2025 Dodge Durango Hellcat
Recent news from the automotive world reports a significant price drop for the 2025 Dodge Durango Hellcat models. This powerful SUV has drawn attention not only for its impressive specifications but also for its new pricing that makes it more accessible for potential buyers. As per the latest information, the price for the Durango Hellcat has dropped to $82,490, which is $7,000 less compared to its predecessor. This decision is driven not only by the intention to attract buyers but also in response to competition, as many manufacturers are actively introducing new models of their SUVs.
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