How the 2024 US Election Could Reshape the Auto Industry

The auto industry is at a turning point. Major automakers like Nissan, Audi, and Stellantis are cutting jobs as they adapt to costly EV mandates and shifting consumer demand. The upcoming election could shift policies, with a Trump win likely reducing EV mandates, easing pressure on traditional automakers, but slowing growth for EV brands. California's strict zero-emission standards and the limits of its electric grid further complicate the landscape. With billions already invested in EVs, automakers face a challenging path ahead, impacting jobs, production, and the cars you’ll see on the road.

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