News

Following the news of reduced tariffs on Japanese car imports as part of President Donald Trump’s new trade deal with Japan, ...
The recent trade deal between Japan and the United States is projected to reduce the tariff impact on Japanese automakers by ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
Kia is adjusting its US business operations, including reallocating inventory, slashing customer incentives to mitigate ...
General Motors reported a more than $1 billion drop in its second quarter profits compared to a year ago. The company says ...
The American Automotive Policy Council, which represents the Detroit 3, criticized a deal giving Japan lower import tariffs ...
TOKYO -- The new Japan-U.S. trade deal reduces the tariff burden on Japan's seven big automakers by an estimated 1.6 trillion yen ($10.9 billion), but the 15% duties they now face -- while down from ...
Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a $2.68 billion net loss in the first ...
The impact is particularly severe on vehicles with a high proportion of imported components, including those assembled in the ...
General Motors Co. GM-N says U.S. tariffs cost it US$1.1-billion in the second quarter, reducing profit by 35 per cent, and ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact ...