Feb. 23, 2026 | Auto industry gets reprieve from new tariffs; AlixPartners' Dan Hearsch

Automotive News

23 February 2026

President Donald Trump issues new 15 percent global tariff but exempts vehicles and auto parts. Stellantis prepares to report its first annual loss driven by €22 billion ($25.9 billon) in write-downs. Plus, AlixPartners’ Dan Hearsch explains why the auto industry ranks as the world’s most disrupted sector.