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Trump’s tough talk and proposed tariffs on Canada would not only hurt one of America’s top trade partners, it would punish US automakers and regular Americans shopping for a new car, a new ...
American drivers are still in love with big, gas-burning trucks and SUVs, and automakers are as eager ever to build them – even as US electric vehicle sales continue to climb. Americans just can ...
GM sold vehicles at an average price of $50,000 in 2024, and executives see a 1% to 1.5% drop in North American pricing power and a modest decline in gas-powered vehicle volume in 2025, leaving it ...
A Ford Excursion SUV next to a Toyota Camry compact. Sport utility vehicles (SUVs) have been criticized for a variety of environmental and automotive safety reasons. The rise in production and marketing of SUVs in the 2010s and 2020s by auto manufacturers has resulted in over 80% of all new car sales in the United States being SUVs or light trucks by October 2021. [1]
Still, the paper said that the 54.5 mpg-equivalent projection is unrealistic. That goal was based on a market that was 67 percent cars and 33 percent trucks and SUVs and higher fuel prices, but American customers weren't buying that many cars, as the market was still about 50/50 and was likely to stay that way.
American-made vehicles could see price hikes as rising production costs inevitably trickle down to consumers. Shares in Mazda and Volkswagen, meanwhile, have also dropped overseas by 8% and 5% ...
The Government of Canada collects about $5 billion per year in excise taxes on gasoline, diesel, and aviation fuel [21] as well as approximately $1.6 billion per year from GST revenues on gasoline and diesel (net of input tax credits). The Canada Revenue Agency, a part of the government, collects these taxes.
It can't be said that Americans weren't flush for SUV options in 2024. Despite costing more than sedans and hatchbacks, the SUV market grows every year. ... Still, it named the Taos the second ...