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Ford entered a $3 billion line of credit agreement on July 28 to strengthen its financials as economic uncertainty looms.
Ford entered a $3 billion line of credit agreement on July 28 to strengthen its financials as economic uncertainty looms.
The U.S. and Europe have a new trade deal that includes 15% import tariffs on many European goods, including cars. That is good news for the European auto industry, but investors didn’t react happily ...
German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and ...
Sigrid de Vries, director general of the European Automobile Manufacturers’ Association, said on Monday the EU agreement ...
Although the deal is better than the 30 per cent rate threatened by Trump and will bring clarity for European makers of cars, planes and chemicals, the 15 per cent baseline tariff is well above ...
U.S. President Donald Trump hailed the framework trade agreement with the European Union as one that promises to be “great ...
General Motors revealed its second quarter profits fell by a third, losing more than $1 billion dollars. The car company attributed the loss to tariffs. Its CEO is promising billions of dollars in ...
US tariffs have led to significant financial losses for the likes of Stellantis, GM, and VW Group in the first half of 2025, ...
Stellantis NV saw its share prices jump by 11.54 percent on Wednesday to close at $10.34 apiece as investors took heart from ...
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
President Trump’s 15 percent tariff on cars from Japan has angered U.S. automakers, which make cars in Canada and Mexico ...