News

Tariffs hit U.S. companies hard, but businesses absorb them for now
Automakers might increase prices moving forward, according to a report from the intelligence firm AlixPartners.
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Kia adjusts US operations, slashes incentives amid tariff impact
Kia is adjusting its US business operations, including reallocating inventory, slashing customer incentives to mitigate ...
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Tariff costs are starting to bite US automakers and their customers
General Motors reported a more than $1 billion drop in its second quarter profits compared to a year ago. The company says tariffs are partly to blame and worse impacts may still be ahead.
A sign of the tariff era? Automakers are importing fewer cars under $30K, study says
The impact of tariffs is changing the automotive landscape. Here's how import and auto part tariffs are affecting new car ...
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US tariffs help push Jeep owner Stellantis into big loss
Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact ...
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US tariffs, laws push Jeep owner Stellantis into 2.3-bn-euro first-half net loss
Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact ...
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Big automakers report US sales jump on pre-tariff consumer surge
Several leading automakers including Detroit giants General Motors and Ford reported increased US car sales in the second quarter on Tuesday as consumers fast-forwarded purchases ahead of US ...