Browsing: general motors

US automakers rethink EV plans as Trump ends incentives, drops emissions rules, and boosts profitability for gas-powered trucks and SUVs.

Ford raises its 2025 tariff cost estimate to $3 billion, citing sustained duties on Mexico, Canada, steel, and aluminum as key contributors.

Hyundai Motor Group announces $20B US investment to expand EV and steel production as tariff deadlines loom.

Dow tumbles over 600 points as Trump confirms tariffs on Mexico and Canada, sparking fears of a trade war. Markets reel as investors brace for impact.

U.S. stocks rallied Monday, with the Dow up 351 points and Nasdaq gaining 1.8% as chipmakers surged following Foxconn’s record revenue. Investors await economic data and Fed guidance.

Tesla reports its first annual decline in deliveries, falling short of forecasts, as competition intensifies and Cybertruck demand struggles amid price cuts and incentives.