Ford CEO: Trump tax credit repeal to cost jobs, tariffs add 'cost and chaos'
The Inflation Reduction Act production credits represent major savings for automakers and are key to Ford’s plans to offer ...
GM Authority2d
GM Says It Can Mitigate Up To Half Of Potential Trump Import Tariffs
GM CEO Mary Barra and CFO Paul Jacobson have planned for every realistic possibility of new tariffs under President Trump, ...
CBT News2d
GM to dodge 50% of tariff costs, Ford sees industry at risk
GM plans to offset up to 50% of tariffs, while Ford warns they could devastate the auto industry, calling the impact "chaos." ...
Autobody News3d
GM Plans to Offset Up to 50% of Potential Tariff Costs, Ford Calls It 'Chaos'
Proposed tariffs on auto parts and vehicles from Canada and Mexico could “blow a hole in the U.S. industry that we’ve never seen, ...
US Carmakers Push for EV Tax Credits to Be Phased Out Over Several Years
Automakers are lobbying against Washington lawmakers ending popular electric-vehicle tax credits that President Donald Trump ...
Farley explains why IRA tax credit repeals could risk jobs, tariffs are 'cost and chaos'
They need to understand that there's a lot of policy uncertainty here,' Ford CEO Jim Farley said, decrying the 'cost and ...
GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos'
CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming into the U.S.
The Spokesman-Review11d
Car prices face $3,000 increase as threat of tariffs hit auto sector
“We are working across our supply chain, logistics network, and assembly plants so that we are prepared to mitigate near-term ...
Detroit chamber, Fain criticize Trump tariffs; list of affected automakers
MichAuto and its constituents are concerned about the collateral damage" to manufacturing and "the impact (tariffs) will have ...
Trump's 25% tariffs on Mexico and Canada to challenge the global auto industry
Tariffs announced Saturday by the Trump administration are expected to have a profound impact on the global automotive ...
Yahoo Finance14d
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
For this year, the automaker, which produces the Chevrolet, Buick, GMC and Cadillac brands, has ambitions to build on that EV profitability, CEO Mary Barra said in a note to shareholders. Also of note ...