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The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S.
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In light of the anticipated decline in electric vehicle sales following the expiration of U.S. subsidies, LG Energy Solution ...
(CNN)– Tariffs on imported cars and auto parts are taking a toll on Volkswagen. Europe’s largest carmaker says it lost ...
The Big 3 American automakers, General Motors, Ford and Stellantis, say they will face steeper import taxes on steel, ...
The results are in for General Motors, and under the new tariff rules, they're a mixed bag.
When all is said and done, if we assume that this deal will provide a blueprint for global agreements in the future, a tariff ...
The U.S. has agreed to lower the tariff rate on Japan’s auto exports to 15%, and a group representing General Motors (GM), ...
Volkswagen has cut its financial forecasts for the year as Europe’s largest carmaker revealed a €1.3bn hit from US President Donald Trump’s trade war. The German company said on Friday that it ...
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GlobalData on MSNUK auto industry expresses cautious optimism on UK-India trade dealThere appears to be a mixture of reactions in the British automotive industry to the trade deal struck this week between the ...
South Korean battery firm LG Energy Solution (LGES) on Friday posted a 152 per cent rise in quarterly profit, driven by front ...
On July 25, South Korean automaker Kia revealed that it will adjust its U.S. business operations, cutting the incentives that automakers have been using to entice tariff-weary shoppers.
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