The U.S. auto sector is entering a phase of heightened volatility as the Trump administration moves to unwind federal incentives for electric vehicles and introduce tariffs on automotive imports. The twin policy shifts have already prompted several automakers—including Ford and GM—to delay upcoming EV launches
Highlights
• Components crossing US–Mexico–Canada corridor face disruption
• Reshoring production to US would involve multi-year lead times
• USTMA expects U.S. tire shipments of 340.4 million units in 2025