“The tariffs on Mexico and Canada is actually the worst possible news for U.S. equities and the U.S. economy,” said Thomas Brenier, head of equities at Lazard Freres Gestion. “It’s bad news for the ...
President Trump imposes 25% tariff on Mexican imports, affecting companies like GM, Ford, Stellantis. ETFs FTXR, DRIV, IDRV in focus.
On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
After a 15 percent sales decline in 2024, Stellantis brands need a boost. The company appears to be ready to give it one, and while more ads and more products are a good start, convincing dealers to ...
The U.S. automotive industry faces uncertainty as President Donald Trump prepares to impose tariffs on vehicle imports from Canada and Mexico ...
There’s been a lot of apprehension about when and if these tariffs will ever actually be implemented. Trump promised to impose those duties on day one of his new administration. That didn’t happen.
The White House press secretary said the president would move forward with levies on America’s largest trading partners on ...
New product has been the salvation for many a struggling automotive brand. Maybe it can work for these iconic marques.
Bernie Moreno’s childhood dream was to become chairman of General Motors Co. He didn’t make it to the boardroom, but he did ...