Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford
Posted inAutomobiles Batteries Biden, Joseph R Jr China Electric and Hybrid Vehicles Factories and Manufacturing Federal Budget (US) Ford Motor Co General Motors Hyundai Motor Co Law and Legislation LG Energy Solution Lithium (Metal) Metals and Minerals Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry Republican Party Stellantis NV Tax Credits, Deductions and Exemptions Taxation Toyota Motor Corp Trump, Donald J United States Economy United States Politics and Government

Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford

A House Republican bill introduced this week would do away with tax credits that had encouraged Americans to buy electric vehicles and automakers to invest in new factories.
Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months
Posted inAutomobiles Banking and Financial Institutions Customs (Tariff) General Motors Honda Motor Co Ltd International Trade and World Market Japan Mazda Motor Corp Mitsubishi Motor Corp Toyota Motor Corp Trump, Donald J United States

Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

The automaker’s somber forecast for the fiscal year underscored how quickly fortunes have turned for many companies reckoning with President Trump’s tariffs.