The nation’s largest automaker needs to walk a delicate line of placating the president while also assuring investors it can weather the storm ahead. The nation’s largest automaker needs to walk a delicate line of placating the president while also assuring investors it can weather the storm ahead. Andrew J. Hawkins is transportation editor with… Continue reading GM thanks Trump for the $5 billion tariff hit it expects to take
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@FCA: Rechargery Report: Q2 is for multiplying
May 1, 2025 , Durham, NC – We’ve been heads down chipping away at our 2025 roadmap, but we’re pressing pause for a moment to share the highlights in a Rechargery Report. Growing, multiplying, and opening roads…30,000 charging bays by the end of 2030 is a lofty goal we keep on permanent lock. That’s the talk,… Continue reading @FCA: Rechargery Report: Q2 is for multiplying
GM warns of $5bn tariff hit even after Trump’s relief measures
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@Groupe PSA: PR First Quarter 2025 Shipments and Revenues007724
AMSTERDAM – Stellantis N.V. announced its Q1 2025 revenues and shipments today, reporting Net revenues of €35.8 billion, a 14% decrease compared to Q1 2024. This decline was primarily due to lower volume, adverse regional mix and price normalization. For the three months ending March 31, 2025, consolidated shipments were 1,217 thousand units, a 9% decrease… Continue reading @Groupe PSA: PR First Quarter 2025 Shipments and Revenues007724
Kongsberg Automotive- Notice of the Annual General Meeting
Kongsberg Automotive ASA will hold its Annual General Meeting at 10:00 (CET) on May 23, 2025. The Notice for the Annual General Meeting with appendices is attached and will also be made available on the company’s website: www.kongsbergautomotive.com. The meeting will be conducted as a digital meeting only. Further information about digital attendance is included… Continue reading Kongsberg Automotive- Notice of the Annual General Meeting
@Groupe PSA: op #outsanding000770
The Directors of Light The Intelli-Lux HD Light in the New Opel Grandland Sets Standards And Inspires Even Experts: Philipp Roeckl, Global Head of Lighting at Stellantis, Explains What Makes The Award Winning System So Unique-And Why Lighting Technology is Playing A Decisive Role in Shaping the Automobile. Big Stage, Full House: at the 34th… Continue reading @Groupe PSA: op #outsanding000770
South Korea’s LG Energy Solution Q1 profit rises 138% on weak won
The company would have made an 83 billion won operating loss without a tax credit received under the U.S. Inflation Reduction Act, LGES said in a regulatory filing. South Korean battery firm LG Energy Solution (LGES) on Wednesday posted a 138% rise in first-quarter profit, helped by favourable foreign exchange rates that cushioned slowing growth… Continue reading South Korea’s LG Energy Solution Q1 profit rises 138% on weak won
Trump administration to offer relief to car manufacturers amid continued 25% tariff
“We appreciate the productive conversations with the president and his administration and look forward to continuing to work together.” The US administration announced plans to implement measures by Tuesday to reduce the impact of automotive import tariffs, allowing manufacturers additional time to shift production to US soil. While the 25 per cent tariffs on imported… Continue reading Trump administration to offer relief to car manufacturers amid continued 25% tariff
Facing pressure, Trump scales back tariffs for US automakers
The first 2022 GMC HUMMER EV Pickup Edition 1 rolls off the assembly line at Factory ZERO (Source: GM) Donald Trump signed two executive orders today that walked back parts of tariffs he previously imposed on US automakers ahead of a rally in Michigan to mark his first 100 days in office. The Wall Street… Continue reading Facing pressure, Trump scales back tariffs for US automakers
LG Energy Solution Releases 2025 First-Quarter Financial Results
LG Energy Solution posts KRW 6.3 trillion in consolidated revenue and KRW 375 billion in operating profit in Q1 2025 Company returns to profitability through rigorous cost-cutting efforts Company to focus on operational efficiency, cost reduction, and strategic business opportunities to cope with impacts from regulatory transitions this year SEOUL, South Korea, April 29, 2025… Continue reading LG Energy Solution Releases 2025 First-Quarter Financial Results