About this episode

Published September 24th, 2026, 06:45 pm

Chaos. That’s the trendline in the auto sector of our economy. A war in Iran has raised gas prices. A Trump administration antagonistic to electric vehicles has reshaped the auto industry, causing Stellantis, General Motors and Ford to lose a combined $52 billion as they’ve shifted away from their electric investments. And through it all, the Trump administration has enacted tariffs. In August, America enacted new tariffs on Canadian aluminum and steel. Canada responded with tariffs on many U.S. goods, including those aforementioned products. Meanwhile, the price of cars — especially used cars — are increasing.

What do these trends mean for auto companies and auto workers? How are customers affected? Paul Eisenstein is the editor of headlight.news. He’s also the publisher and editor of “The Car Collective” Substack. He spoke with The Metro's Sam Corey.

 
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The Metro

'The auto industry is in a mess.' It could get worse.

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38m