Detroit Axle announced that it will permanently lay off more than 100 employees due to President Donald Trump’s tariff policy ...

The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it ...

Detroit Axle said Trump's new tariff policy is forcing it to shut a facility and cut jobs. Experts look for more companies to ...

Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.

The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...

President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S.

Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...

European stock markets began the final session of the week on a decidedly negative note, with the regional Stoxx 600 index ...

General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...

C anada and the U.S. have, for half a century, built cars and prosperity together. During that time, auto unions on both ...

Global automaker stocks are climbing Wednesday, as investors bet that Japan’s breakthrough deal with the U.S. would lead to ...