The auto sector saw buyers race to dealerships after President Trump announced 25% tariffs on car imports and parts from outside the US. And according to new data this week, sales from major automakers appear to be losing steam ahead of Trump’s July 9 tariff deadline. 

 

Today on the Big Take, host David Gura sits down with Bloomberg’s Detroit bureau chief David Welch to break down how Trump’s trade war could impact car companies including Tesla, GM and Ford, and what that means for car buyers heading into the summer shopping season.


Read more:  US Auto Sales Lose Steam After Tariff-Induced Shopping Spree

The auto sector saw buyers race to dealerships after President Trump announced 25% tariffs on car imports and parts from outside the US. And according to new data this week, sales from major automakers appear to be losing steam ahead of Trump&rsquo;s July 9 tariff deadline.&nbsp;
&nbsp;
Today on the Big Take, host David Gura sits down with Bloomberg&rsquo;s Detroit bureau chief David Welch to break down how Trump&rsquo;s trade war could impact car companies including Tesla, GM and Ford, and what that means for car buyers heading into the summer shopping season.
 Read more:&nbsp; <a href="https://www.bloomberg.com/news/articles/2025-07-01/car-sales-hit-a-wall-as-tariff-induced-shopping-spree-subsides">US Auto Sales Lose Steam After Tariff-Induced Shopping Spree</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

The Great Car Buying Bonanza Is (Probably) Over

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cc6bc0f7-0d41-40c0-b680-b30e0168a002/transcript

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