A memo sent to Mitsubishi dealers and reviewed by Reuters indicates the Tokyo-based factory will raise prices of new units sold in the United States by an average of 2.1% in response to new tariffs. +
Automotive News reports new vehicle sales improved for Ford, Hyundai and Kia and fell by double digits for Mazda in May, dropping the SAAR below 16 million as factories scaled back incentives. +
Volkswagen will extend its price freeze on new U.S.-sold units through the end of June. Sources say VW and fellow German automakers BMW and Mercedes-Benz may be close to a tariff exemption. +
Ford Motor Co. will recall more than 1 million vehicles sold in the U.S. and Canada due to a software error that could cause the rearview camera’s in-dash display to malfunction. +
Subaru will raise prices on nearly every U.S.-sold model starting in June, according to Motor1 and other sources, citing “market conditions” without specifically mentioning new tariffs. +
Citing import tariffs, Ford has informed its U.S. dealers that MSRPs will increase by up to $2,000 per vehicle, effective May 2. The first affected units are expected to be delivered in June. +
All seven manufacturers and 11 brands reporting new vehicle sales to Automotive News enjoyed year-over-year increases as Americans took advantage of incentives and rushed to beat expected price hikes. +
Ford will recall a total of 148,266 vehicles due to unrelated brake cylinder and software concerns, adding to a growing list of issues that are sending Ford owners to dealership service departments. +
Volkswagen will not raise U.S. new vehicle prices through at least the end of May, joining a group of manufacturers who have announced discounts and freezes as tariffs on imported vehicles take effect. +
Stellantis will offer U.S. buyers a choice between April incentives and an employee discount through the end of the month. Hyundai and Genesis prices are frozen for the next 60 days. +