auto industry News

Stellantis Chairman Warns: Tariffs and Overregulation Pose Dire Threats to US and European Auto Industries

Stellantis Chairman John Elkann warns that tariffs and overregulation could endanger the auto industry in the US and Europe, calling for urgent policy actions to mitigate risks and...

Stellantis Chairman Warns: Tariffs and Overregulation Pose Dire Threats to US and European Auto Industries

Stellantis Chairman John Elkann warns that tariffs and overregulation could severely impact the auto industry in the US and Europe, calling for urgent action to prevent job losses ...

Stellantis Chairman Warns: US and European Tariffs and Regulations Threaten Auto Industry Future

Stellantis Chairman John Elkann warns that US and European tariffs and regulations could jeopardize the auto industry's future, threatening jobs and innovation. He calls for urgent...

Tata Motors Plummets: JLR Halts US Exports Following Trump's New Auto Tariffs

Tata Motors shares dropped nearly 10% after its luxury arm JLR announced a halt on US exports due to new tariffs by President Trump, impacting the company's significant exposure to...

South Korea Announces $2 Billion Rescue Package for Auto Industry Amid US Tariff Crisis

South Korea has announced a $2 billion emergency aid package for its car industry following US tariffs on foreign cars. The funds will be distributed through state-run lenders, wit...

European Auto Giants Stumble as Trump's Tariff Hammer Falls on Foreign Vehicles

European automakers faced a sharp decline in stock prices after U.S. President Donald Trump announced 25% tariffs on non-US-made vehicles, leading to production halts and layoffs b...

European Auto Industry Faces Turbulence as U.S. Tariffs Spark Major Stock Plunge

European automakers' stocks plummet after U.S. imposes 25% tariffs on foreign vehicles, with Stellantis NV halting production and laying off thousands, signaling a turbulent period...

Stellantis Announces Temporary Layoffs of 5,400 Workers Due to New US Tariffs on Auto Industry

Stellantis NV is temporarily laying off 5,400 workers as it suspends production at plants in Canada and Mexico due to new US tariffs on the auto industry. The decision is linked to...

Stellantis Announces Temporary Layoffs of 5,400 Workers Due to US Tariff Impact on Auto Industry

Stellantis NV temporarily lays off 5,400 workers in Canada and Mexico due to new US tariffs on the auto industry, affecting production and employees amidst global trade tensions.

Stellantis Announces Temporary Layoffs of 5,400 Workers Due to New US Tariffs Impact

Stellantis NV temporarily lays off 5,400 workers in Canada and Mexico due to new US tariffs on the auto industry, affecting production and employees directly.

Asian Markets React Variably to Trump's New 25% Tariff on Foreign-Made Cars

Asian stock markets responded mixedly to President Trump's imposition of a 25% tariff on non-US made cars, with Japan and South Korea seeing declines, while Hong Kong and mainland ...

UAW Leader Shawn Fain Praises President Trump's Bold 25% Tariff on Foreign Autos

UAW leader Shawn Fain supports President Trump's 25% tariff on foreign-made cars, calling it a crucial step to protect American workers and rectify decades of detrimental free trad...

Trump Announces Reciprocal Tariffs Set for April 2: A New Era in Trade Wars?

President Donald Trump announces reciprocal tariffs effective April 2, aiming to protect U.S. industries. This move has raised concerns about potential price hikes and disruptions ...