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Mercedes is considering pulling its lowest-priced cars from US lots over tariffs

Auto analysts expect sticker prices to spike in response to President Trumps 25% tariffs on imported vehicles (by more than $12,000 in some cases), but price hikes arent the only outcome that might come out of the levies.

Mercedes-Benz is said to be weighing an alternate option: pulling its most affordable vehicles out of the US entirely.

According to reporting by Bloomberg, sales of the German luxury carmakers lowest-cost, entry-level vehicles (like its $43,000 GLA SUV) wouldnt make economic sense amid the tariffs set to go into effect on Thursday.

Germany, which exports more cars to the US than any other European country, is home to several automakers that stand to lose big under Thursdays tariffs. Mercedes and Porsche could face a combined $3.7 billion hit.

Updated research from JPMorgan shows that US auto prices could rise 11.4% on average, with the most affordable new vehicles hit particularly hard.

According to reporting by Bloomberg, sales of the German luxury carmakers lowest-cost, entry-level vehicles (like its $43,000 GLA SUV) wouldnt make economic sense amid the tariffs set to go into effect on Thursday.

Germany, which exports more cars to the US than any other European country, is home to several automakers that stand to lose big under Thursdays tariffs. Mercedes and Porsche could face a combined $3.7 billion hit.

Updated research from JPMorgan shows that US auto prices could rise 11.4% on average, with the most affordable new vehicles hit particularly hard.

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Ford dips as another large fire breaks out at the New York Novelis aluminum plant

Shares of US auto giant Ford are down more than 2% on Thursday morning following reports of another major fire at its primary aluminum supplier’s plant in Oswego County, New York.

Local media reported that a four-alarm fire broke out at the Novelis plant, which supplies 40% of the aluminum sheet for the US auto industry, on Thursday morning.

Last month, Ford said a September fire at the plant would hit its earnings by between $1.5 billion and $2 billion in the fourth quarter. The company said it would be able to mitigate about $1 billion of that next year.

As of 10:15 a.m. ET, local officials said the fire is under control and everyone had been safely evacuated. Novelis previously said it would be able to restart operations at the part of the plant most damaged by the September fire next month.

Last month, Ford said a September fire at the plant would hit its earnings by between $1.5 billion and $2 billion in the fourth quarter. The company said it would be able to mitigate about $1 billion of that next year.

As of 10:15 a.m. ET, local officials said the fire is under control and everyone had been safely evacuated. Novelis previously said it would be able to restart operations at the part of the plant most damaged by the September fire next month.

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Archer Aviation strikes deal to supply electric propulsion system to Anduril, bolstering its path to revenue

Archer Aviation announced its new agreement with Anduril after the market closed on Monday.

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