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President Trump’s stiff tariffs on foreign auto imports will cost US carmakers nearly $108 billion — with Detroit’s Big Three getting slammed the hardest despite having plants in the states, according ...
Financial analysts are predicting Trump tariffs could reduce profit-sharing checks for UAW members who build cars for ...
Trump’s 25% auto tariffs threaten to drive up costs for American automakers by $108 billion in 2025, according to a study by the Centre for ...
Detroit's three automakers could bear billions in costs from President Donald Trump's 25% tariffs on imported vehicles.
UBS downgraded GM's stock (GM) to neutral from buy and slashed its price target on the stock to $51 from $64. Analysts also cut their first-quarter earnings estimate for GM to $2.79 a share from $2.89 ...
Based on tariffs already imposed, the cost of GM cars made in Mexico or Canada and sold in the U.S. will go up by about $4,300 each, USB analysts said. For GM cars made in Korea or China and sold in ...
However, economic uncertainties—including broad tariffs under President Donald ... carriers are feeling the impact. Airline stocks have dropped about 15% this year, underperforming the broader ...
Automaker stocks were also lower: General Motors Company ... with the European Union. Tariffs on average are similar between the U.S. and EU, according to a JP Morgan analysis.
When will the stock market stabilize as Trump's tariff turmoil continues? Wall Street investors see big gains being wiped out.
Automakers are cutting prices to boost sales as President Trump’s global tariffs on foreign vehicles and parts take effect.
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