Price hikes of up to $2,000 on Ford‘s 3 Mexico-built vehicles are expected to alter window stickers by late June.

The National Electric Vehicle Infrastructure Formula Program was designed to solve a pressing problem — building chargers in areas without significant EV adoption, where private industry has been unable or unwilling to invest. Now the program is in doubt as President Donald Trump wants to withhold federal funds supporting EV transition.

Analysts say Toyota's new relationship with Waymo could set self-driving technology down a path toward creating personally owned autonomous vehicles.

Automakers and suppliers are cutting their profit forecasts, and retailers are adjusting their strategies moving forward as all players in the auto industry try to come to grips with President Donald Trump’s tariff plans.

Tesla has launched a lower-cost version of its wildly styled Cybertruck that strips out features such as all-wheel drive, air suspension and the distinctive rear light bar. Cox Automotive estimated first-quarter Cybertruck sales at 6,406 vehicles, trailing the electric Ford F-150 Lightning at 7,187 deliveries.

Suppliers and automakers are scrambling to cope with the compounding nature of President Donald Trump's tariffs and the speed with which the new levies are coming into effect. Tariffs on U.S. vehicle imports began April 3, and the Trump administration said duties on a wide range of parts will go into effect by May.

President Donald Trump sees his tariffs, which started April 3, as a way to encourage more manufacturing in the U.S. But those in the industry say moving manufacturing sites stateside isn’t easy and takes years.

Tesla’s stock price dropped 28 percent from Jan. 1 to the March 26 market close, wiping out hundreds of billions of dollars in market capitalization. The Wall Street collapse is in part driven over concerns over Elon Musk’s damage to the brand.