Shares of automakers, recreational vehicle makers and auto-parts companies are trading lower after President Trump said in a social media post that tariffs on cars and trucks and automotive parts from Canada will be increased to 50% from January 1, 2027.

8-K filing — BORGWARNER INC (BWA)

Filed: 2026-09-04 AccNo: 0001104659-26-105519 Size: 241 KB Item 7.01: Regulation FD Disclosure

RBC Capital Initiates Coverage On BorgWarner with Outperform Rating, Announces Price Target of $87

BorgWarner Director Shaun McAlmont Sells 7,000 Shares for $485,520

BorgWarner director Shaun McAlmont sold 7,000 shares worth $485,520 on August 17, 2026, reducing his direct holdings by 28% to 18,070 shares. The sale occurred after the stock appreciated 51% over the preceding 12 months. Analysts remain bullish on the company with 67% rating it a buy and a median price target of $81.50.

Commercial Vehicle Clutches Market Outlook 2026-2030 - Featuring Profiles of Leading Companies Eaton, ZF Friedrichshafen, and Valeo

The global commercial vehicle clutches market is projected to grow from $5.49 billion in 2025 to $7.96 billion by 2030, driven by e-commerce logistics expansion, heavy-duty fleet demand, and vehicle electrification. Key growth factors include rising truck sales (266,752 units in U.S. in 2023), increased freight activity, and product innovations in high-torque durability and advanced friction materials.

Here's Why You Should Offload Dana Stock From Your Portfolio

Dana Incorporated (DAN), an automotive supplier, has lowered its 2026 adjusted EPS guidance to $1.75-$2.25 from $2-$3 due to weak EV orders, lower China joint venture earnings, and higher capital spending. The company faces $59 million in EV program termination charges through H1 2026 and execution risks from the Eaton Mobility integration. Despite improving EBITDA, free cash flow growth remains limited by elevated capital expenditures.

Barclays Maintains Equal-Weight on Dana, Raises Price Target to $35