CarParts

0.9169

-0.0436-4.54%

Volume:236.04K

Turnover:218.55K

Market Cap:53.45M

PE:-1.29

High:0.9550

Open:0.9300

Low:0.9000

Close:0.9605

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WRAPUP 4-Trump eases auto tariffs burden as Lutnick touts first foreign trade deal

Reuters

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Yesterday

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WASHINGTON/DETROIT, April 29  - U.S. President Donald Trump signed a pair of orders to soften the blow of his auto tariffs on Tuesday with a mix of credits and relief from other levies on materials, and his trade team touted its first deal with a foreign trading partner.\"Only an end to tariffs provides real relief. 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WASHINGTON, April 28  - Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months.The U.S. House of Representatives will vote later this week on legislation to repeal a waiver granted by the U.S. Environmental Protection Agency under former President Joe Biden in December allowing California to mandate at least 80% electric vehicles by 2035.The Alliance for Automotive Innovation, which represents General Motors GM.N, Toyota 7203.T, Volkswagen VOWG.DE, Hyundai 00538","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250428:nL1N3R60LB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4527","BK4566","LU0072461881.USD","LU0130102774.USD","LU1551013342.USD","LU0648001328.SGD","LU1201861165.SGD","LU2087621335.USD","LU0820562030.AUD","LU0964807845.USD","LU0056508442.USD","LU2249611893.SGD","BK4516","LU0234572021.USD","LU0477156797.USD","PRTS","LU0648000940.SGD","TSYW.SI","LU1852331112.SGD","BK4592","LU0466842654.USD","LU0053666078.USD","LU0820561818.USD","LU0097036916.USD","BK4598","LU0234570918.USD","LU1066051811.HKD","LU2602419157.SGD","IE00BSNM7G36.USD","BK4543","LU0689472784.USD","LU1839511570.USD","LU0719512351.SGD","LU1629891620.HKD","BK4533","LU1674673428.USD","LU1066051225.USD","LU2326559502.SGD","LU0082616367.USD","GM","LU0345770308.USD","LU1066053197.SGD","BK4574","LU0477156953.USD","LU1778281490.HKD","LU0345769128.USD","F","LU2750360641.GBP","LU0348723411.USD"],"gpt_icon":1},{"id":"2529956591","title":"US auto industry warns new auto parts tariffs will hike prices, cut sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2529956591","media":"Reuters","labels":["policyRegulatory","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529956591?lang=en_us&edition=fundamental","pubTime":"2025-04-23 05:39","pubTimestamp":1745357997,"startTime":"0","endTime":"0","summary":"UPDATE 1-US auto industry warns new auto parts tariffs will hike prices, cut salesAdds more from letter, no immediate administration comment in paragraphs 4-8By David Shepardson. On April 14, Trump said he was considering a modification to the 25% tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places. Trump said car companies \"need a little bit of time because they're going to make 'em here.\" Ford Motor F.N said last week it may raise prices on its new vehicles if Trump's auto tariffs continue.An analysis by the Center for Automotive Research published earlier this month found Trump's 25% tariffs on automotive imports, implemented on April 3, will escalate costs for U.S. automakers by about $108 billion in 2025.  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The results will be reported in a press release prior to the call.CarParts.com, Inc. CEO David Meniane and CFO Ryan Lockwood will host the conference call live via an audio webcast, followed by a question and answer period. To access the conference call as a participant, please pre-register using this link. 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