Neal E. Boudette
Posts
G.M. Stops Exporting Cars to China
The decision affects relatively few vehicles because the vast majority that General Motors sells there are made in that country.
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...
Carvana, a Used Car Retailer, Thinks Trump’s Tariffs Could be Good for Business
The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehicles.
U.S. automakers say Trump’s trade deal with Britain gives foreign companies a leg up.
The New York Times - Business: This post first appeared in The New York Times - Business. Read the original article.
Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor also reported a sharp drop in profits in the first three months of the year.
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors also said its profit in the first three months of the year fell 7 percent from a year earlier.
Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
In an address to the U.A.W., Shawn Fain said a targeted approach could help bring jobs back to the United States, but he criticized universal...
Used Tesla Market Heats Up as Owners Sell to Protest Elon Musk
Teslas that have been sold or traded in during the backlash against the company’s chief executive have become bargains on lots.
Volkswagen will add an ‘import fee’ to cars sold in the U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump...