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GM chief executive Mary Barra walked a tightrope in a letter to shareholders Thursday that sounded upbeat — but also warned that tariffs could cost the company as much as $5 billion this year.
A chief automotive economist has said the industry is bearing economic uncertainty surprisingly well, though sales will fall ...
But even with these mitigations taken into account, Jacobson said that the tariffs will ultimately lower GM’s projected annual earnings before income tax to between $10–$12.5 billion, down ...
U.S. light-vehicle retail sales slowed in June after consumers rushed to buy before a 25% tariff on imports took effect.
As the global trade war grinds on, the economic uncertainty has put the North American auto sector on pace to produce half a ...
Indian and US officials have been engaged in intense negotiations over last few days to iron out differences in a bid to ...
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