FreightWaves3d
Layoffs hit over 14,300 workers tied to freight sectors in US, Canada, Mexico
A wave of layoffs and furloughs has hit jobs tied to the manufacturing and freight sectors in the U.S., Canada and Mexico.
Why General Motors, Ford, and Stellantis shares are rebounding on Wednesday
Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay ...
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Why Is General Motors (GM) Stock Soaring Today
What Happened? Shares of automotive manufacturer General Motors (NYSE:GM) jumped 8.2% in the mid-day session after the Trump ...
Canada, Mexico automobiles to get one-month tariff exemption, White House says. But other duties coming.
The Trump administration will give a one-month exemption from tariffs to automobiles coming from Canada and Mexico, the White House said today. Press Secretary Karoline Leavitt made the announcement ...
STLA, GM, and F Could Cut Vehicle Production by Next Week due to Tariffs
President Donald Trump’s 25% tariffs on Mexico and Canada are expected to significantly impact the North American automotive industry, which ...
Tariffs will wipe out all profits for Detroit's Big Three if they don't raise prices, estimates Barclays
GM and Stellantis would be most impacted by the tariffs, given that they rely “significantly” on both Canada and Mexico for ...