This warning from JPMorgan’s CEO could have broad implications for the economy as a whole. Jamie Dimon, CEO of JPMorgan, recently issued some harsh warnings about the state of corporate lending. His ...
The White House is poised to ease tariffs on the US auto industry, a move that would deliver a major win for carmakers that have aggressively lobbied to stem the fallout from record-level import ...
TOLEDO, Ohio — Stellantis has announced a major investment in Toledo’s auto industry, confirming plans to build an all-new midsize truck at the Toledo Assembly Complex. The automaker says the ...
Luxury carmakers are struggling with tariffs, falling demand in China, and a slow EV transition that’s threatening the backbone of Europe’s economy. Porsche, long considered a bellwether for the ...
The companies say the collaboration marks a significant step forward in the decarbonisation of the mobility sector. The agreement was formalized by Javier Imaz, Chief Purchasing Officer (CPO) of ...
The U.S. automotive industry just had a strong quarter. More than four million new vehicles were sold in July, August and September, according to estimates from Cox Automotive and Edmunds. That’s well ...
Oswego N.Y. — The recent fire at the Novelis aluminum plant in Oswego, New York, is causing significant disruptions in the auto industry. The plant, which supplies 40% of the aluminum used by major ...
The European Commission's proposed extension of protections for the EU steel market, including steep cuts to import quotas and doubling tariffs on steel that exceeds those limits, risks driving up ...
The bloc announced plans on Tuesday to reduce tariff-free quotas on imported steel and to hike tariffs from 25% to 50% on any excess imports. The European Commission said the measures were a response ...
BRUSSELS, Oct 8 (Reuters) - A new EU plan to sharply cut steel import quotas goes too far and threatens European automakers with higher input and administrative costs, the European Automobile ...
OPmobility, a French automotive supplier, plans to lay off 82 employees at its Spring Hill, Tennessee facility effective Nov. 21, according to a Worker Adjustment and Retraining Notification (WARN) ...
BRUSSELS (Reuters) -The European Commission proposed on Tuesday cutting tariff-free steel import quotas by almost half and a 50% duty for excess shipments in a bid to preserve viable steelmaking in ...
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