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Some 370 autoworkers in Kokomo, Indiana, were among the first laid off because of Trump’s tariffs. But many in this formerly ...
Shares of some automakers including General Motors (GM)and Stellantis (STLA) picked up a head of steam on Monday on reports that Donald Trump will potentially narrow the focus of future tariffs ...
April 2nd will be “Liberation Day” for the US, when Trump will unveil “reciprocal tariffs”, but sector-specific levies on automakers, pharmaceuticals and semiconductors – which had been ...
But many autoworkers said they hope tariffs will ... The loss of GM-supported jobs in Kokomo has made the town increasingly dependent on Stellantis’s fortunes alone. The world’s fourth ...
On Wednesday, the industry glimpsed a dash of hope when ... is inevitable. GM has reacted to the tariffs by saying it will move some production back to Indiana — but Stellantis ordered layoffs.
Detroit's three automakers could bear billions in costs from President Donald Trump's 25% tariffs on imported vehicles.
Auto stocks reversed on Wednesday and closed significantly higher after President Trump backed off and announced a 90-day pause on tariffs for most countries, though he increased levies on China ...
"I hope they raise their ... countries enact retaliatory tariffs, demand for GM and Ford vehicles globally could decline, hurting sales. It is unclear if a Stellantis leader has communicated ...
In messages obtained by the Free Press, GM and Ford outline impact of tariffs to the workforce and plans to address the issue ...
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