Trump's China tariff increase will affect Ford and GM vehicles, billions of dollars in auto parts
The move to put 10% additional tariffs on imports from China will affect a small number of U.S. vehicles, but increased costs of auto parts could affect already heightened car prices. The biggest impact on vehicles will be on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision.
GM or Ford: Which Auto Stocks are Most Exposed to Trump’s Tariffs?
Automaker shares led declines on Asian and European stock markets as President Donald Trump imposed 25% tariffs on Mexico and Canada, and 10%
Implemented or not, Trump's 25% tariff threat is challenging the auto industry
For months, automakers have been taking a “wait-and-see” approach to the Trump administration’s potential tariffs.
Auto stocks slip on fears Trump tariffs will harm industry
Automaker stocks tumbled on Monday following impending imposition of President Trump’s tariffs on goods coming from Canada and Mexico.
Trump tariffs will cost U.S. carmakers billions and are a ‘bonanza’ for Asian competitors, warns Ford CEO Jim Farley
The biggest winners from Trump’s proposed tariffs, Farley suggested, won’t be domestic automakers but Asian rivals that would face little additional impact.
Ford Stock Is Falling. CEO Says Trump Tariffs Will Damage U.S. Auto Industry.
Farley also defended Ford’s U.S. manufacturing footprint, pointing out that about 80% of Ford vehicles sold in the U.S. are made in the country. What’s more, all of Ford’s t
Ford CEO: Trump tariffs would wipe out billions in profits if they’re long lasting
Jim Farley, CEO of Ford (F) has joined the rest of the auto industry to warn Trump against them. He reasoned that the US profits would be run over if you hit the world with tariff hikes. Tariffs have hit the motor industry the most.
Ford CEO urges Trump not to 'cherry-pick' tariffs as auto industry faces multibillion dollar threat
During Ford’s Q4 earnings call yesterday, Farley warned that prolonged tariffs on imports coming from Mexico and Canada, where Ford and rival GM ( GM) make vehicles, would have a "devastating impact" on the industry,
Ford CEO says Trump's tariffs could cost the industry billions in profits — and raise car prices
President Donald Trump’s proposed tariffs on Mexico and Canada could be devastating for the auto industry, according to Ford Motor Co.’s (F) CEO.
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GM Halting Production At Gravataí Plant For A Month
GM is voluntarily halting production its Gravataí plant in Brazil for a month in order to make adjustments to the production line for future model assembly.
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GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
But the company admitted a number of policy headwinds from the Trump administration could derail that profit guidance, as ...
Why GM stock has gotten hit hard on earnings
GM repurchased more than $7 billion in stock in 2024 and more than $11 billion in 2023. Repurchases have played a key role in ...
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Trump Tariffs Could Bring North American Auto Production ‘To A Screeching Halt’
The 25 percent Trump tariffs on Mexican and Canadian autos and auto parts could bring the U.S. car industry to a complete ...
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
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General Motors' GM Financial resubmits ILC application
The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...
GM Stock Is Rising. Auto Maker Pledges Big Earnings Jump in 2025.
GM expects earnings per share of about $11.50 in 2025, up from $10.60 in 2024 and better than the $10.80 Wall Street ...
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GM profit-sharing checks will benefit all of northeast Indiana
More than $45.5 million in discretionary consumer spending soon will be coursing through the northeast Indiana economy, ...