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MANY major car-makers have reported falls in revenue and are forecasting substantial losses for the 2025 calendar year from the effect of US tariffs and a fall in consumer confidence. GoAutoNews ...
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GlobalData on MSNGM to import CATL batteries for Bolt EV amid tariff constraints – reportProduction of the latest Bolt model is scheduled to commence at the Fairfax Assembly Plant in Kansas towards the end of this ...
Import tariffs and rising costs are squeezing profits at the Detroit 3, and the financial strain is expected to hit factory ...
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The ...
The White House has pointed to the more than $136 billion it has already collected in tariff revenue, as well as agreements from a number of trading partners to lower tariff barriers and invest ...
Ford Motors revises its tariff impact projection, revealing a $3 billion hit to profits, leading to a 3% decline in shares. CEO Jim Farley emphasizes ongoing negotiations with the White House to ...
The consumer goods landscape is in upheaval. Sweeping tariffs, regulatory rollbacks, and geopolitical shockwaves are forcing ...
The company will also invest $3 billion in a factory in Marshall, Michigan, to develop lithium-iron-phosphate batteries.
6d
Scripps News on MSNMichigan Gov. Whitmer pushes Trump on tariffs, Medicaid changes in White House meetingMichigan Democratic Gov. Gretchen Whitmer quietly met with President Donald Trump at the White House on Tuesday, Scripps News ...
4d
Asianet Newsable on MSNGM To Buy Batteries From CATL For Next-Gen Bolt EVs Despite Trump Tariff: ReportGM stopped production of its previous generation of Bolt vehicles in December 2023. The vehicles were known for their low ...
Used electric vehicle batteries are being repurposed into energy storage systems, offering multiple benefits for domestic ...
Costello said Australia was an ideal test market on Chinese automakers’ “path to global sales dominance.” With no domestic ...
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