Trump, Center for Automotive Research and The tariffs
Digest more
Top News
Overview
Impacts
The study found the Detroit Three could see tariffs of nearly $5,000 for the parts they import on average for each car produced in the U.S., and about $8,600 on average for each car they import.
From USA TODAY
President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days even as he further jacked up the tax rate on Chinese imports to 125%.
From Tampa Bay Times
“Whenever anything happens around here and it affects JLR big time, all the other subsidiary companies tend to have to lose workers, which then has an impact for the wider community,” she said.
From The New York Times
Read more on News Digest
UBS is getting bearish on General Motors and President Trump’s 25% auto tariffs are to blame. UBS downgraded GM to Neutral from Buy and lowered its price target to $51 from $64,
Factory Zero production is being readjusted as GM needs to rethink its EV strategy in light of the current market situation
Financial analysts are predicting Trump tariffs could reduce profit-sharing checks for UAW members who build cars for American automakers, including GM.
GM leadership said teams are studying the Trump tariff mandate to devise scenarios to best navigate any impacts from the taxes. Ford CEO Jim Farley expects impact from tariffs to be "significant" across the industry. Both companies advise workforce to stay ...
Not long after President Trump announced massive 25% tariffs on automotive imports in the United States, General Motors has responded by revealing it will increase production of light-duty trucks at its assembly plant in Fort Wayne,
GM CEO Mary Barra hinted at this shift during an earnings call earlier this year, emphasizing the company’s capacity to adapt.
General Motors is adding several hundred temporary workers to its Fort Wayne, Indiana, plant as it seeks to boost production of its light-duty trucks in the U.S.
General Motors is the latest automobile company to respond to President Donald Trump’s newly implemented auto tariffs, announcing it will be ramping up production in Indiana. The shake-up for GM, known for brands such as Chevrolet,
Both Detroit automakers reported upbeat Q1 sales as customers rushed to grab deals before the Trump's 25% tariffs on imported vehicles hit.
DETROIT (Reuters) - General Motors is moving to increase production of light-duty trucks out of its Fort Wayne, Indiana, assembly plant, according to a webcast sent to plant employees and obtained by Reuters. The moves comes after the Trump administration ...
UBS downgraded GM’s stock 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. The auto giant reports its first-quarter results on April 29.