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General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
GM announced its plans to end production of combustion engine vehicles by 2035, as part of its strategy to achieve carbon ...
Analysts said GM may need to cut investment in future projects or find other ways to trim spending to offset the effect of tariffs.
Stellantis halted production at plants in Canada and Mexico in response to a 25% tax on imported cars, and temporarily laid ...
28mon MSN
'All because of Trump' — Stellantis, other automakers report losing billions due to tariffs
Stellantis on Monday reported a $3.7-billion loss for the first half of 2025 and General Motors reported its net income plummeted 35 per cent to $2.58 billion in the second quarter from $4 billion in ...
While there's no published total of each country’s NTB effects, experts believe the impact is twice the tariff levels. Negotiations with major trading partners could take most of the summer.
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