Ivy Leaguers Aren’t Auto Workers
But federal law allows them to unionize as if they are, at least for now. Source link
Tag
auto
Europe: Stocks rise as US-China trade tensions ease; auto stocks jump
European stocks closed at an over one-week high on Friday (Jun 27), fuelled by a rally in automakers, as investors took more risks on hopes for a truce in the US-China trade spat. The…
Trump’s chip tariff threat sparks pushback from auto industry to tech
Blowback to US President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from auto companies and boat makers to the technology…
Could Kering’s New CEO Come From the Auto Sector?
Could Kering recruit an executive from the automobile industry to lead its turnaround? The French luxury group declined all comment Sunday on a report in French daily Le Figaro that it is…
Geely chairman says global auto industry faces ‘serious overcapacity’
Chinese automakers that have been building plants abroad include BYD, Chery Auto and Great Wall Motor Geely’s chairman and founder Li Shufu said on Saturday (Jun 7) that the global…
China’s critical mineral export ban gets pushback from global auto industry
Alarm over China’s stranglehold on critical minerals grew on Tuesday as global automakers joined their U.S. counterparts to complain that restrictions by China on exports of rare earth…
Foxconn to soon announce second Japanese auto partner, chairman says
The Apple supplier’s interest in working with Japanese car makers comes as they face growing competition from Chinese brands Taiwan’s Foxconn will soon announce a second Japanese…
Auto tariffs spur U.S. investments, force tough choices on prices for carmakers
President Trump's tariffs on foreign-made cars and auto parts are only weeks old, but they're sending shockwaves through the global marketplace, as automakers shift production to the U.S.…
Thailand widens EV perks as Japan-China auto rivalry heats up
With Thailand’s auto sales plunging by more than 25 per cent amid geopolitical headwinds and regional rivals nipping at its heels, Bangkok is racing to secure its status as South-east…
China’s GAC starts auto sales in Brazil, eyes local plant by late 2026
Chinese automaker GAC announced on Friday (May 23) its product launch in Brazil, saying it expects its line of hybrid and electric cars to garner market acceptance that would allow it to…
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would increase its costs by $4 billion to $5 billion…
Trump tempers auto tariffs, winning cautious praise from industry
US President Donald Trump moved on Tuesday to soften tariffs on automakers, sparking cautious optimism in an industry that has been on tenterhooks as it awaits details on the fast-evolving…
US: Stocks rally as Trump tempers auto tariffs
Wall Street stocks rose on Tuesday as markets digested mixed earnings while applauding a move by President Donald Trump to ease tariffs on automakers. Trump’s pivot includes…
Trump pumps the brakes on some auto tariffs
President Trump granted limited relief from his auto tariffs with an executive order Tuesday that keeps automakers from facing multiple forms of taxation under his system of levies. Source…
Trump to Sign Executive Order Walking Back Some Auto Tariffs
President Trump plans to sign an executive order Tuesday that will walk back some tariffs for carmakers, administration officials said, removing some levies that Ford, General Motors and…
Bezos-backed Slate Auto reveals its new customizable $20,000 EV
A new auto startup is launching with a made-in-America EV that with federal tax credits will cost just $20,000. Backed by Jeff Bezos and Eric Schmidt, Slate Auto says that affordable price…
At Shanghai auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’
More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition…
Trump signals possible tariff pause for auto industry
President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their…
Tesla shares drop amid auto tariffs and 'brand crisis'
Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a “perfect storm” created by President Trump’s auto tariffs and Elon Musk’s…
Car prices face US$3,000 increase as tariffs hit auto sector
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a…
US car prices face US$3,000 increase as tariffs hit auto sector
PRESIDENT Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a…
Europe: Shares rev up as auto sector jumps on report of softer US tariffs
EUROPEAN markets closed higher on Monday (Jan 6), as investor optimism was fuelled by a report suggesting that US tariffs might be less severe than previously feared, boosting the…
On a quest for global domination, Chinese EV makers are upending Thailand's auto industry
BANGKOK — Japanese car factories in Thailand — which for decades has been the premiere hub of auto manufacturing in Southeast Asia — are shutting down or scaling back. Subaru said it will…