U.S. electric vehicle maker Tesla Inc will raise prices in China on Friday, earlier than planned, and is considering increasing prices again in December should Chinese tariffs on U.S.-made cars take effect.
FutureCar Staff 2019-08-26 15:15 PT
The U.S. Commerce Department has agreed to Tesla Inc’s request to waive 10 percent tariffs on imported aluminum from Japan used in the manufacture of battery cells at Tesla’s Nevada Gigafactory, government documents show.
FutureCar Staff 2019-06-25 05:00 PT
Electric automaker Tesla sought since last summer a tariff exemption for the Chinese made “brain” or CPU that is used in the Model 3 and another for the center-mounted touchscreen display. Both requests have been officially denied.
Eric Walz2019-06-13 11:41 PT
Tesla had asked U.S. trade officials for an exemption for the Model 3 CPU from the tariffs on electronics components, but the automaker was denied. The CPU that runs Tesla’s Autopilot automated driving feature is made by Chinese supplier Quanta Shanghai.
FutureCar Staff 2019-05-03 15:00 PT
China’s State Council said on Sunday that the country would continue to suspend additional tariffs on U.S. vehicles and auto parts after April 1. The move was aimed at “continuing to create a good atmosphere for the ongoing trade negotiations between both sides”.
FutureCar Staff 2019-04-01 15:21 PT
German automaker BMW was named as the largest exporter by value of new vehicles in the U.S. for the fifth consecutive year. BMW said that exports totaled over $8.4 billion in 2018, yet the automaker remains a target for higher tariffs from the Trump administration.
Eric Walz2019-03-08 14:56 PT
Electric automaker Tesla is getting a big helping hand from the Chinese government to build its new Gigafactory 3 in China. State-owned Shanghai Construction Group (SCG) will build the first phase of Tesla’s assembly factory in Shanghai.
FutureCar Staff 2019-03-07 13:04 PT
State-funded Chinese news site The Paper reported on Friday that a cargo ship carrying more than 1,600 Tesla Model 3 vehicles had arrived in Shanghai. Tesla initially hoped to launch the Model 3 in China sometime in late March, so the automaker remains ahead of schedule.
FutureCar Staff 2019-02-22 17:59 PT
The U.S. Commerce Department sent its report on auto tariffs late Sunday evening to U.S. President Donald Trump, hours before the end of the 270-day deadline. The report’s recommendations can potentially lead to steeper tariffs on imported cars and auto parts.
FutureCar Staff 2019-02-18 16:43 PT
Customers in China looking to purchase a Tesla Model 3 can place their orders beginning today. Electric automaker Tesla said it will start taking orders in China for a lower-priced version of its mass-market electric car.
FutureCar Staff 2019-02-01 13:46 PT
U.S. President Donald Trump is likely to move ahead with tariffs on imported vehicles, according to a report by Reuters. The move could prompt the European Union to agree a new trade deal. The Trump administration has targeted luxury European imports from automakers such as Mercedes Benz, BMW and Audi.
FutureCar Staff 2019-01-17 17:10 PT
When the Trump administration slapped a 25 percent tariff on the Chinese-made components, one of the items was the processing unit used in the Tesla Model 3. Now Tesla is seeking a tariff exemption for it.
FutureCar Staff 2019-01-07 15:55 PT
Mercedes Benz and Tesla are cutting prices on vehicles in China after Beijing and the Trump administration agreed to a 90 day truce in the ongoing trade war between the U.S. and China. The 40 percent tariff on vehicles imported from the U.S. hit electric automaker Tesla especially hard, as China is one of Tesla’s biggest markets.
Xiaoli Tian2018-12-17 17:20 PT
China will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts the finance ministry said on Friday, following a truce in a trade war between the world’s two largest economies. China agreed to suspend the tariff on 144 U.S. vehicle and auto parts.
FutureCar Staff 2018-12-14 12:41 PT
There has been some progress made in settling some of the trade tensions between the U.S. and China. The Trump administration announced that China has agreed to to reduce the import tariff on U.S. made vehicles and auto parts by 25 percent.
FutureCar Staff 2018-12-11 16:57 PT
A day after Germany’s top automakers were summoned to a meeting at the White House for talks with economic adviser Larry Kudlow to discuss tariffs on vehicles exported from the U.S., Volkswagen CEO Herbert Diess said that VW could use some of the Ford Motor Company's spare factory capacity to make some vehicles in the U.S.
FutureCar Staff 2018-12-05 18:24 PT
Automaker General Motors is looking at ways to cut costs amid tariffs and other pressures from the market and announced that its sent buyout offers to 18,000 salaried employees. The buyouts were sent to GM employees with over twelve years of service.
FutureCar Staff 2018-10-31 15:12 PT
Electric automaker Tesla has signed an agreement with the Shanghai government for a 860,000 square meter parcel of land where the electric automaker plans to build its first overseas Gigafactory, Tesla said in a Chinese social media post on Wednesday.
Eric Walz2018-10-17 12:25 PT
President Trump’s escalating trade war with China has hit the automotive industry once again. The Ford Motor Company has cancelled plans to import the Focus Active, a new compact crossover it hoped to import to the U.S. market next year.
Eric Walz2018-08-31 16:56 PT
The Trump administration's tariffs on Chinese imports is threatening U.S. automaker General Motors. The detroit-based automaker is seeking to exempt the China made Buick Envision sport utility vehicle to prevent the key model in the brand’s U.S. lineup from becoming a victim of the U.S. China trade war.
Jeremy Carlton2018-08-03 17:53 PT
FutureCar Staff Sep 13, 2019 3:30 PM PT
Eric WalzSep 13, 2019 10:00 AM PT
FutureCar Staff Sep 12, 2019 3:45 PM PT
Eric WalzSep 12, 2019 11:00 AM PT