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On July 25, South Korean automaker Kia revealed that it will adjust its U.S. business operations, cutting the incentives that automakers have been using to entice tariff-weary shoppers.
The United Auto Workers is "deeply angered" by Trump's 15% tariff deal with Japan and said "a better deal would have held ...
In light of these headwinds, Morgan Stanley analyst Adam Jonas asked GM boss Mary Barra how GM can expect to build and sell its EVs profitably, without the company following Tesla with massive AI and ...
Detroit Axle said Trump's new tariff policy is forcing it to shut a facility and cut jobs. Experts look for more companies to ...
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Al Jazeera on MSNVolkswagen profits tumble as tariffs weigh on auto industryCarmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
President Donald Trump's tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the ...
South Korean battery firm LG Energy Solution warned on Friday of a further slowdown in demand by early next year due to U.S.
BIG NEWS! The U.S. and Japan have reached a trade agreement that will reduce tariffs on Japanese vehicles and auto parts to ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
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