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Some 370 autoworkers in Kokomo, Indiana, were among the first laid off because of Trump’s tariffs. But many in this formerly ...
Shares of some automakers including General Motors (GM)and Stellantis (STLA) picked up a head of steam on Monday on reports that Donald Trump will potentially narrow the focus of future tariffs ...
April 2nd will be “Liberation Day” for the US, when Trump will unveil “reciprocal tariffs”, but sector-specific levies on automakers, pharmaceuticals and semiconductors – which had been ...
In messages obtained by the Free Press, GM and Ford outline impact of tariffs to the workforce and plans to address the issue.
On Wednesday, the industry glimpsed a dash of hope when ... is inevitable. GM has reacted to the tariffs by saying it will move some production back to Indiana — but Stellantis ordered layoffs.
Auto stocks reversed on Wednesday and closed significantly higher after President Trump backed off and announced a 90-day pause on tariffs for most countries, though he increased levies on China ...
Automakers are responding to Trump's latest round of auto tariffs, announced Wednesday. Ford is offering customers an employee discount, while VW is adding an "import fee" to cars. Stellantis has ...
In 2024, GM posted a net income of $6 billion; Ford made $5.9 billion; and Stellantis recorded a $5.8 billion net income — totaling $17.7 billion in profits, well shy of CAR's tariff-related ...
Despite the auto sector tariffs still in effect, GM (up 7.6%), Ford (up 9.2%), and Stellantis (up 18.4%) all closed higher in sympathy with the broader market, on hopes of more moderation with ...
President Trump’s 90-day tariff ... hopes that the tariffs go away before U.S. dealer inventory runs low. The impact of these tariffs on U.S. automakers, like Ford, General Motors, and ...
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