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Automotive: Page 18

Trump Tariff Blitz Unleashes Delayed Shock to Global Economy

So far, the global economy has held up better than many economists expected after Trump’s initial tariff blitz. That could all be about to change.

Photo: iStock / ake1150sb

Mercedes, Porsche Slash Earning Forecasts

The forecasts come even after the EU agreed to a trade deal with the United States that would reduce tariffs on imported cars to 15%.

Porsche 911 Carrera S. Photo: iStock/shaunl

Ford Sees Steep Profit Drop With Tariff Tab Rising to $2B

Even Ford, which manufactures the most cars in the U.S. of any automaker, is being squeezed by new trade barriers imposed by the White House.

Photo: iStock / BalkansCat

Trade Pact with Japan Deals Blow to U.S. Auto Industry

The deal announced on July 22 sets tariffs on Japanese cars at 15%, down from the 25% rate President Trump had previously threatened to impose.

Photo: iStock / BalkansCat

U.K. and India Seal Free Trade Agreement Slashing Tariffs, Barriers

The pact comes after three years of intense negotiations touching on thorny topics such as visas, tariff reductions and tax breaks.

Keir Starmer greets Narendra Modi at Chequers near Aylesbury, July 24. Photographer: Chris J. Ratcliffe/Bloomberg

Pricing Power: The Most Effective Weapon During Trade Wars

With global trade frictions and rapid policy shifts set to continue, companies can no longer afford to treat tariffs as a short-term challenge

Photo: iStock.com/solarseven

GM Says Tariffs Cost $1.1B in Q2

In June, GM announced plans to invest $4 billion over the next two years into three U.S. auto plants in Michigan, Kansas, and Tennessee.

Photo: iStock / JHVEPhoto

Stellantis Says Tariffs Contributed $350M to 2025 First-Half Losses

Although Stellantis has manufacturing plants in the U.S., it also manufactures vehicles in the U.K., Europe, Canada, Mexico and South America.

Photo: iStock / jetcityimage

Iveco Is Said to Draw Takeover Interest From India’s Tata Motors

A sale of Iveco would not include the company’s defense business, which is going through a sale process of its own.

Trucks on the Iveco Group NV booth at the IAA Transportation fair in Hannover, Germany. Photographer: Krisztian Bocsi/Bloomberg

Chinese Adds EV Battery Tech to Export Restriction List

The new restrictions on EV battery tech arrive as the EU has continued to press Chinese automakers to set up manufacturing in Europe.

Photo: iStock/kynny

Nissan to Shutter Flagship Factory in Japan

The facility's 2,400 workers will remain in their current roles until the plant closes in 2028, with the company vowing to maintain communication with employees in the months to come.

GM and LG to Outfit Tennessee Plant for Low-Cost EV Battery Production

The companies plan to start converting to LFP cell production by the end of 2025, and commence commercial production sometime in late 2027.

Photo: iStock / JHVEPhoto

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Photo: iStock/Anastasiia Yanishevska

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