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Automotive: Page 21

GM Halts Efforts to Export Cars to China

GM's efforts to export cars into the Chinese market started in 2024, as part of an initiative known as the Durant Guild.

Photo: iStock / JHVEPhoto

Nervous U.S. Consumers Adjust Spending Habits

KPMG's survey respondents indicated plans to hold off on some major purchases and scale back in other areas of their lives in order to not accumulate debt.

Photo: iStock/andreswd

Report: Nissan to Cut 15% of Global Workforce

Nissan’s crisis is in danger of getting even worse after the company warned shareholders in April that it will see a net loss on restructuring costs of as much as ¥750 billion ($5 billion).

U.K.-Made Plane Parts Exempted from U.S. Tariffs

The deal would be a relief to a £40 billion ($53 billion) sector, which supports 450,000 jobs in the U.K.

Photo: Rolls-Royce

Toyota Says Two Months of Tariffs Will Hit Profits by $1.3B

Although Trump has paused an across-the-board 24% percent tax on imports from Japan until early July, tariffs of 25% on automobiles and auto parts are already hurting the country’s main exports to the U.S.

Prague, Cazech Republic. Photo: iStock.com/josefkubes

Ford Braces for $1.5B Hit from Tariffs in 2025

Nearly 80% of the vehicles Ford sells in the U.S. were assembled in the country, but many models rely on a range of imported components.

Photo: iStock / BalkansCat

Regulations Are Uncertain, But the Business Case for Emissions Reporting Is Proven

By 2030, we will see a growing divide between companies that embraced emissions reduction as a competitive advantage and those that stalled due to short-term uncertainty.

Photo: iStock / martin_33

How AI Can Save the U.S. 13M Gallons of Fuel

While the transition to electric or alternative fuel trucks faces many obstacles, AI offers a solution to reduce fuel consumption right now.

Photo: iStock/gilaxia

What the Battery Industry Can Teach EV Truck Makers About EU Green Rules

The lessons from the battery industry are plain: Strict rules are coming, but they also bring opportunities.

Photo: iStock.com/PhonlamaiPhoto

The Art of Mastering EUDR Compliance

To mitigate financial burdens, businesses must adopt a proactive approach.

Photo: iStock.com/Alexandros Michailidis

GM Expects to Lose Up to $5B to Tariffs in 2025

Roughly $2 billion in added costs from tariffs are expected to come from vehicles imported into the U.S. from Canada, Mexico and South Korea.

Photo: iStock / JHVEPhoto

Ford to Delay Price Increases to See How Rivals React to Tariffs

Trump on April 29 signed directives to lessen the blow of tariffs he’s enacted targeting the auto industry.

Ford Ceo Jim Farley Bloomberg

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