GM, Stellantis and Ford declined to comment on Trump’s proposed tariffs. U.S. President-elect Donald Trump‘s plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors, and raise prices of SUVs and pickup trucks for U.S. consumers. GM leads the automakers that… Continue reading GM and other US automakers would take big hit from Trump tariffs
Tag: GM
Trump tariffs would harm all involved, US trade partners say
The tariffs could also prompt an early renegotiation of the USMCA, ahead of the planned 2026 review, trade experts said. Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect Donald Trump‘s threat of hefty tariffs on goods would harm the economies of all involved, cause inflation to spike and damage… Continue reading Trump tariffs would harm all involved, US trade partners say
GM’s next electric pickup truck might actually be a Hyundai or vice versa
Pickup trucks and SUVs dominate the North American market and are gaining traction overseas. Seeing the opportunity, GM and Hyundai are reportedly teaming up to launch an electric pickup. GM and Hyundai team up to launch an electric pickup GM and Hyundai signed a Memorandum of Understanding in September to partner up on new vehicle development… Continue reading GM’s next electric pickup truck might actually be a Hyundai or vice versa
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday after President-elect Donald Trump threatened to put 25% tariffs… Continue reading Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
German FAZ: The trick with the Andretti008231
Andretti back in Formula 1, now after all. Just completely different than planned. “I have to pinch myself,” said Andretti, “to make sure I’m not dreaming.” But Michael Andretti, who was once overwhelmed as a Grand Prix driver, won’t be there when Cadillac, the luxury brand of the General Motors Group (GM ), will be… Continue reading German FAZ: The trick with the Andretti008231
As Tesla Struggles to Make Self-Driving Work, It’s Hiring a Team to Remote-Control Its Robotaxis
“As we iterate on the AI that powers them, we need the ability to access and control them remotely.” Hands-On Approach For better or worse, Tesla — under the direction of Elon Musk — is serious about its robotaxi ambitions. And so it’s preparing to use the same sneaky trick that its competitors use to… Continue reading As Tesla Struggles to Make Self-Driving Work, It’s Hiring a Team to Remote-Control Its Robotaxis
Vauxhall owner Stellantis blames EV rules as it closes Luton van plant
¥9000 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading Vauxhall owner Stellantis blames EV rules as it closes Luton van plant
Vauxhall owner plans to shut Luton van factory, putting 1,100 jobs at risk
Stellantis could close its Luton plant and move production to Ellesmere Port, Cheshire Photograph: Peter Byrne/PA View image in fullscreen Stellantis could close its Luton plant and move production to Ellesmere Port, Cheshire Photograph: Peter Byrne/PA Vauxhall owner plans to shut Luton van factory, putting 1,100 jobs at risk Stellantis says it will shift production… Continue reading Vauxhall owner plans to shut Luton van factory, putting 1,100 jobs at risk
German Handelsblatt: Opel sister: Vauxhall closes van factory near London010153
1,100 jobs are at risk as a result of the Luton factory closure. Many jobs are to be created at the Ellesmere Port factory. Stellantis sees the government as responsible. Go to Source
Stellantis proposes Luton plant closure
Vauxhall owner Stellantis has announced plans to close its long-running commercial vehicle factory in Luton, just months after Group bosses threatened closures as part of a battle with the government over its zero-emission vehicle (ZEV) targets. The announcement, which puts 1100 jobs at risk, is part of a move to “consolidate” its UK manufacturing footprint… Continue reading Stellantis proposes Luton plant closure