Ford estimates that tariffs will cost $1.5 billion
Ford Motor suspended its annual forecast due to uncertainty surrounding President Donald Trump's tariffs, saying the levies would cost the...
general motors
General Motors suspends production at its Canadian factory
General Motors (GM) has announced that it will cease operations at one of its Canadian assembly factories until October, resulting...
Nvidia and GM announced a deal for AI, factories, and next-generation automobiles
General Motors and Nvidia have committed to a strategic relationship in which the carmaker would use many of the tech...
Car prices in the United States will rise by $10,000 if Trump imposes tariffs
According to Tereso Medina Ramírez, general secretary of the Federation of Southeast Workers of Coahuila, imposing tariffs on automobiles manufactured...
Sales of new cars are declining, a trend not seen since 2022
Mexico's new automobile sales fell 1.4% in September, the first decline the industry has faced since April 2022, when sales...
GM lays off more than 1,000 employees in its software and services department
General Motors (GM) announced Monday that it will lay off more than 1,000 salaried employees in its software and services...
As EV growth slows, GM and Ford rely on gas-powered trucks
When they release their first-quarter results the next week, American manufacturers General Motors, opens new tab, and Ford, opens new...
Through 2035, GM will invest $19 billion to purchase ingredients from LG Chem for EV batteries
According to the firms on Wednesday, General Motors intends to spend $19 billion over the course of the next ten...
UAW strikes reduced Stellantis’ earnings by roughly $3.2 billion
FILE PHOTO: Striking members of the United Auto Workers (UAW) REUTERS/Evelyn Hockstein/File Photo Stellantis revealed on Tuesday that until October,...
GM is losing $200 million a week due to the car workers’ strike
On Tuesday, General Motors reported $3.1 billion in profit for the July through September quarter, a decrease of more than...
