U.S. stock futures plunge as Trump defends tariffs | Automakers alter production plans and vehicle pricing | JLR pauses exports | Ford, Stellantis turn to tried-and-true discounts | Musk expands Texas empire

Tesla Inc. led the Magnificent Seven lower in premarket trading, dropping as much as 10 percent.

͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ Having trouble viewing this email? See the online version Daily Monday, April 7, 2025 U.S. stock futures plunge overnight with Trump team defending tariffs Tesla Inc. led the Magnificent Seven lower in premarket trading, dropping as much as 10 percent. READ MORE > Save 50% on your first month's subscription and discover the latest news on top automotive makers and suppliers. 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READ MORE > READ MORE > Jaguar Land Rover is pausing exports to key U.S. market over Trump's tariffs READ MORE > READ MORE > As tariffs upend auto industry, Ford and Stellantis turn to tried-and-true employee discounts READ MORE > Advertisement CXAUTO: The Existential Threat from Chinese OEMs Steve Greenfield, General Partner at Automotive Ventures will speak at CXAUTO2025 about the competitiveness of Chinese products, the impact of tariffs on when the Chinese will enter the U.S., and how strong CX is the key to maintaining a competitive advantage in the face of value offerings from Chinese manufacturers. Register by 4/26 & Save 30%! There have been many factors affecting the automotive market: supply chain shortages, high interest rates and increasing competition, just to name a few. READ MORE > SPONSORED CONTENT Learn how to drive brand loyalty by listening to vehicle owners: A report by LexisNexis® Risk Solutions There have been many factors affecting the automotive market: supply chain shortages, high interest rates and increasing competition, just to name a few. READ MORE > READ MORE > What automakers are saying about vehicle prices with tariffs in effect READ MORE > READ MORE > Toyota to boost EV models to 15, targets producing 1 million by 2027, report says READ MORE > READ MORE > Tariffs helped lift Q1 auto sales. How long can momentum last? READ MORE > READ MORE > Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business READ MORE > Congress Conversations explores tariffs Congress Conversations explores tariffs Industry insiders react to new 25 percent auto tariffs on this week's Automotive News Congress Conversations livestream. Plus, Hyundai executives discuss the business case for racing. LISTEN HERE > The automotive sector is accelerating toward a future shaped by four megatrends: Polarization, Automation, Connectivity, and Electrification (PACE). Explore the game-changing shifts and uncover what lies ahead for the industry through 2040. READ MORE > SPONSORED CONTENT Battery industry at a crossroads: Innovation, competition, and uncertainty The automotive sector is accelerating toward a future shaped by four megatrends: Polarization, Automation, Connectivity, and Electrification (PACE). Explore the game-changing shifts and uncover what lies ahead for the industry through 2040. READ MORE > READ MORE > Elon Musk expands Texas empire with his own park, 'ecological paradise' READ MORE > AUTOMOTIVE NEWS VIDEO Automotive News Digital Edition Do you have the best team in the business? Apply today for Best Dealerships To Work For. UNLOCK YOUR DISCOUNT Subscribe and save today to discover the latest news, insights & analysis needed to navigate the automotive industry. 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