General Motors also lowered its guidance for what it expects to make this year after taxes and other expenses to $7.7 billion ...
Following reports of the possible tariff relief, GM shares rose by as much as 3.8%, while Ford and Jeep-maker Stellantis NV ...
Regulator says it is watching the fallout from First Brands’ $10bn collapse as lenders and investors reassess risks in ...
WASHINGTON (Reuters) -The U.S. Energy Department is considering revoking nearly $1.1 billion awarded in retooling grants to ...
The company said it is bracing for additional hits as it shifts strategy ...
Global companies have flagged more than $35 billion in costs from U.S. tariffs heading into third-quarter earnings, but many ...
The US will begin formally implementing a lower 15% tariff rate on imports of automobiles and auto parts from Japan as of Tuesday morning, according to the Trump administration, in line with a trade ...
NEW YORK (Reuters) -Two auto sector bankruptcies have rattled parts of the U.S. credit market, raising concerns about a deterioration in the financial health of low-income households and migrant ...