News

Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a $2.68 billion net loss in the first ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
There is a growing level of economic uncertainty surrounding the North American Auto Industry, especially the Big Three.
In April 2025, the company said it had reduced vehicle imports in response to tariffs. Read more at straitstimes.com. Read ...
Although the deal is better than the 30 per cent rate threatened by Trump and will bring clarity for European makers of cars, planes and chemicals, the 15 per cent baseline tariff is well above ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
The largest U.S. automaker by sales said it expects the tariff impact to worsen in the third quarter after reporting a US$1.1 ...
The American Automotive Policy Council, which represents the Detroit 3, criticized a deal giving Japan lower import tariffs ...
Stellantis on Monday reported a $3.7-billion loss for the first half of 2025 and General Motors reported its net income ...