News

WXYZ-TV Channel 72d
Auto industry feeling impact of President Trump's tariffs, with GM & Stellantis reporting profit losses
There is a growing level of economic uncertainty surrounding the North American Auto Industry, especially the Big Three.
Tariffs hit U.S. companies hard, but businesses absorb them for now
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
Stellantis Says Profit Plunged as Tariffs Began to Bite
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
GM: Tariffs Cost Automaker $1.1 Billion Last Quarter
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
Cyprus Mail on MSN1h
Tariffs slash GM profits, but strong truck and SUV sales cushion the blow
General Motors' (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst ...
Crain's Detroit Business15d
Ford, Stellantis tighten terms on suppliers as tariff costs add up
For Stellantis and Ford suppliers, new business and financial help comes with unique strings attached. That’s not to say ...