Congressman proposes auto loan tax deduction to offset tariffs
The impact and history of autos in Detroit, The Motor City Here are some facts about Detroit’s auto industry. Rep. Bill Huizenga introduced the Made in America Motors Act, proposing…
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 the Trump administration’s tariffs would increase its costs by $4 billion to $5…
Ford Motor CEO on Trump’s move to ease tariffs on automakers : NPR
Ford Motor CEO Jim Farley announces the automaker’s new BlueOval Battery Park in February 2023. Carlos Osorio/AP hide caption toggle caption Carlos Osorio/AP When President Trump announced this week that…
Trump’s 25% Tariffs Could Cost Auto Companies $108 Billion: Report – Ford Motor (NYSE:F), Forward Industries (NASDAQ:FORD)
The Trump administration announced a 90-day halt on most tariffs, sending global stocks on the rise after a period of uncertainty. However, U.S. President Donald Trump has refused to implement…
US tariffs, auto trade and the limits of the ‘Yank Tank’
The US does not export a significant quantity of passenger vehicles to the UK or Europe. It has never done so, nor indeed, is it likely to. The reason is…
Ford extends employee discounts to customers as auto tariffs take effect
Starting Thursday, Ford Motor Co. is extending employee pricing discounts to customers on most of its U.S. lineup, including foreign-built models, just as the Trump administration imposes 25% tariffs on…