Browsing: Tariff
Mobileye Global raised its full-year revenue forecast for fiscal 2025 on Thursday, citing improved order visibility for its autonomous driving…
General Motors Q2 Profit Drops 32% Amid $1.1 Billion Tariff Hit; Maintains Full-Year Outlook Despite Trade Pressure
General Motors reported a 32% drop in second-quarter core profit to $3 billion, as escalating tariff-related costs took a significant…
The U.S. Department of Commerce has imposed provisional anti-dumping duties of 93.5% on anode-grade graphite imports from China, citing findings…
Stellantis Projects €2.3 Billion Net Loss in First Half on Restructuring Costs and U.S. Tariffs
Stellantis is anticipating a net loss of €2.3 billion ($2.7 billion) for the first half of 2025, weighed down by…
Porsche is planning a new wave of cost-cutting measures to address weakening demand in China and rising trade tensions with…
India, UK Poised to Finalize Free Trade Deal Granting EVs, Whisky, and Textiles Easier Market Access
India and the United Kingdom are expected to formally sign a long-awaited free trade agreement next week, two Indian government…
Jaguar Land Rover Delays Launch of Key Electric Models Amid Testing and Market Readiness
Jaguar Land Rover (JLR) has pushed back the launch timeline for its upcoming electric Range Rover and Jaguar models to…
BMW CEO Optimistic on “Manageable” EU-U.S. Auto Tariff Deal, Cites Potential for Export Offset Mechanism
BMW Chief Executive Officer Oliver Zipse said on Friday he was optimistic the European Union and the United States could…
Tesla saw its Canadian vehicle registrations fall 67% year-on-year in the first half of 2025, according to data from Automotive…
Firefly, the budget electric vehicle (EV) sub-brand of Chinese automaker Nio, will begin customer deliveries in Europe at the end…
Tesla is nearing the completion of its lithium-iron-phosphate (LFP) battery cell factory in Nevada, as the electric vehicle maker moves…
Sweden’s Volvo Cars said on Wednesday that global sales fell for the fourth straight month in June, citing weaker demand…
Lucid Group reported a 38% increase in vehicle deliveries for the second quarter, but the U.S. luxury EV maker fell…
General Motors reported a 111% year-over-year increase in U.S. electric vehicle (EV) sales for the second quarter, driven by a…
Trump Criticizes Japan’s Auto Trade Practices, Urges More U.S. Imports to Cut Trade Deficit
U.S. President Donald Trump has accused Japan of engaging in “unfair” trade practices in the automobile sector and urged the…
Swiss Post has launched a four-month pilot project to evaluate whether its fleet of light electric delivery vehicles can contribute…
Tata Motors said on Tuesday that its electric vehicle (EV) launch plans remain on schedule despite recent export restrictions on…
U.S. Auto Imports Plunge 72% in May Amid Trump Tariffs, Raising Pressure on Used Car Market
U.S. car imports fell sharply in May following the imposition of sweeping tariffs by President Donald Trump, signaling mounting disruption…
Chinese automaker Geely Holding will not pursue new production facilities in Europe or the United States, citing global overcapacity and…
Mazda is preparing to roll out its own electric vehicles (EVs) from 2027 using a flexible production system at its…