News

GM Beats Earnings Expectations But Still Down Year Over Year Thanks To Tariff Scare
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
Tariff Talk: U.S. and Japan Reach Trade Agreement
BIG NEWS!  The U.S. and Japan have reached a trade agreement that will reduce tariffs on Japanese vehicles and auto parts to ...
GM & Stellantis Hit by Trump Tariffs, Q2 Profit Tumbles
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
LG Energy Solution warns of slowing EV battery demand due to U.S. tariffs, policy headwinds
South Korean battery firm LG Energy Solution warned on Friday of a further slowdown in demand by early next year due to U.S.
Why Detroit Automakers Are Blasting U.S.’ Tariff Deal With Japan
The U.S. has agreed to lower the tariff rate on Japan’s auto exports to 15%, and a group representing General Motors (GM), ...
Trump Commerce Secretary Lutnick says U.S. auto CEOs are ‘cool with' higher tariffs than Japan
The head of the American Automotive Policy Council, which represents General Motors, Ford and Stellantis, raised concerns ...
US automakers challenge Trump's tariff agreement with Japan
The Big 3 American automakers, General Motors, Ford and Stellantis, say they will face steeper import taxes on steel, ...
From toys to cars, tariffs hit companies' bottom lines
To mitigate the tariff impacts, Hasbro is working to reduce the U.S. toys and games it gets from China from around 50% now to ...