Tariff impact like ’08 financial crisis, COVID and chip shortage combined, Magna CEO says

Magna International CEO Swamy Kotagiri speaks to a group of reporters at an Automotive Press Association event. — Tariffs are already having a major impact on the auto industry, Magna International CEO Swamy Kotagiri said at an April 15 Automotive Press Association event. (JAKE NEHER/AUTOMOTIVE NEWS)

April 15, 2025 04:54 PM

Featured Stories

Nissan’s Christian Meunier: Tariffs a chance to ‘accelerate’ U.S. manufacturing

Nissan’s Christian Meunier is tightening corporate spending and shrinking dealer programs.

Urvaksh Karkaria

Nissan’s Christian Meunier: Tariffs a chance to ‘accelerate’ U.S. manufacturing

Nissan weighs moving Sentra production from Mexico to U.S. to avoid tariffs

Urvaksh Karkaria

Nissan weighs moving Sentra production from Mexico to U.S. to avoid tariffs

Finance Insurance

GM Financial alleges Pa. dealership owes it more than $37 million for vehicles sold out of trust

Finance Insurance

EF

By:

Eric Freedman

GM Financial alleges Pa. dealership owes it more than $37 million for vehicles sold out of trust

Dealer groups seek more time on clean cars rules in 12 states

Lindsay VanHulle

Dealer groups seek more time on clean cars rules in 12 states