Facing the pressures of shifting market dynamics, the Canadian government has announced tariff relief for auto manufacturers to support the industry. This move comes as global automakers navigate […]
Trump Hints at Tariff Relief for US Automakers, Signaling Potential Shift in Trade Policy
U.S. President Donald Trump has suggested a possible easing of tariffs on vehicles assembled in North America, acknowledging the impact on car companies navigating global production shifts. His […]
Trump’s Tariff Talks Spark Gains in Auto Stocks
Former President Donald Trump’s recent remarks regarding potential tariff relief for car manufacturers triggered a surge in the stock prices of Ford, General Motors, and Stellantis. This proposal […]
UAW Endorses Trump Tariffs to Protect Jobs in Auto Industry
The United Auto Workers Union (UAW) has publicly voiced support for tariffs implemented by former President Trump, particularly those impacting the auto manufacturing sector. The union sees these […]
Goldman Sachs Cuts Auto Sales Forecast, Downgrades Ford’s Stock
Goldman Sachs has adjusted its automobile sales forecast for 2025, predicting a decrease of nearly one million units due to increased costs stemming from tariffs. The bank anticipates […]
Canada Imposes 25% Tariffs on US Auto Imports, Escalating Trade Dispute
In a move to counter retaliatory tariffs imposed by the United States, Canada has enforced 25% tariffs on non-compliant auto imports from the U.S., escalating tensions in the […]
General Motors Downgraded: Trade War Impacts Drive Stock Decline
General Motors (GM) has been downgraded to ‘Underperform’ from ‘Market Perform’ by Bernstein analysts, reflecting concerns over trade tariffs and their potential impact on the company’s financial performance. […]
Trump Remains Unfazed by Auto Price Concerns Amid Signal Leak Scandal
Donald Trump has dismissed concerns about rising auto prices despite recent leaks from the Signal app, stating he won’t fire staff members associated with the event. This stance […]