A new trade deal allows British carmakers to export 100,000 vehicles to the US at a lower tariff rate than their North American counterparts. This raises concerns among American automakers who fear it could set a precedent for future trade agreements.
General Motors is on a mission to bring Cadillac back to its former glory. With a focus on electric vehicles and luxury design, can Cadillac reclaim its status as the 'standard of the world'?
General Motors CEO Mary Barra thanks Trump for his support while warning of $5 billion impacts from tariffs. Despite this, GM solidifies its position as a leading EV seller in the US with optimistic projections.
General Motors reveals that the Trump administration's tariffs will cost it $4-$5 billion this year, prompting a drastic cut in earnings projections. The auto giant's CEO, Mary Barra, warns of broader economic implications as tariffs loom over the industry.
President Trump announces measures to ease tariffs on US car makers, a decision praised by GM's CEO. Will this move lower car prices for consumers? Find out more!
General Motors announces a significant reduction in production of its BrightDrop electric delivery vans, impacting 500 jobs and leading to a 20-week idling of the CAMI assembly plant in Canada. This decision reflects a shift in market demand as the automaker struggles to meet revenue expectations for the new subsidiary.
As new tariffs loom, U.S. consumers are hurrying to purchase high-ticket items like laptops and cars to avoid rising costs. Experts warn of economic implications.
In a surprising twist of March madness, car buyers rushed to dealerships to secure deals before impending auto tariffs. Major manufacturers like Hyundai and Ford reported significant sales increases amidst tariff fears, particularly in electric and hybrid vehicles.
Stock futures dipped as President Trump's announcement of a 25% tariff on foreign cars raises concerns among investors. With General Motors and Ford stocks declining, the market braces for potential economic fallout.
In a bold move, President Trump has announced a 25% tariff on imported cars, aiming to boost US auto production and jobs. However, experts warn of potential price increases and disruptions in the industry. Will this decision reshape the car market?
