Monday, 2 December 2024
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Ben Klayman

FILE PHOTO: A general view of the Ramos Arizpe plant of General Motors, which exports vehicles to the U.S. and Canada, in Ramos Arizpe, Coahuila state, Mexico November 2, 2024. REUTERS/Daniel Becerril/ File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)PoliticsRegulationsTrade

Analysis: GM and other US automakers would take big hit from Trump tariffs

Trump's proposed 25 per cent import tax on Mexico and Canada could hurt U.S. automakers, raise vehicle prices, and harm consumers.

FILE PHOTO: Electric vehicle chargers from Electrify America are shown in a shopping center parking lot in Oceanside, California, U.S.,October 19, 2023.  REUTERS/Mike Blake/File Photo
AnalysisBusinessElectric Vehicles (EVs)ManufacturingPoliticsRegulations

Automakers brace for new tariffs, EV changes under Trump presidency

Automakers face Trump's tariffs on Mexican imports, potential EV rollbacks, risking billions in green tech and shifting production plans.

Placards are seen as striking UAW workers picket outside a Stellantis facility in this file photo, September 22, 2023. REUTERS/Dieu-Nalio Chery/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)IndustryLabourManufacturingNewsRegulations

Stellantis files new suits against United Auto Workers union

Stellantis filed eight more lawsuits against the UAW, alleging contract violations over strike threats tied to delayed investments.

FILE PHOTO: The logo of Stellantis is seen on the company's building in Poissy, near Paris, France, September 4, 2024. REUTERS/Sarah Meyssonnier/File Photo
AutomotiveBusinessCourtsIndustryLabourManufacturingNews

Stellantis sues UAW in US federal court over strike threats

Automaker Stellantis has filed a lawsuit against the United Auto Workers in federal court in California, claiming the union's actions around possible strikes...

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTrade

GM seeks to ease shareholders’ nerves at investor day

GM aims to reassure investors that despite slowing EV demand, profit growth remains achievable, focusing on stability.

FILE PHOTO: Cars are seen parked at the port in Bayonne, New Jersey, U.S., August 21, 2021. REUTERS/Andrew Kelly/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)Labour

European automakers most at risk from US dockworkers strike, analysts say

European automakers face the biggest impact from U.S. East Coast port strikes, risking supply chain disruptions.

FILE PHOTO: The logo of Nippon Steel Corporation is displayed at the company headquarters in Tokyo,  Japan in this photo taken by Kyodo May 1, 2019.  Mandatory credit Kyodo/via REUTERS/File Photo
BusinessEconomyIndustryInfrastructureNewsPolitics

US Steel CEO confident Nippon Steel deal will close ‘on its merits’

U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel's $14.9 billion bid for his company would "close on its...

FILE PHOTO: A Volkswagen logo is seen on a Volkswagen ID.5 electric car on display at a showroom of a car dealer in Reze near Nantes, France, November 13, 2023. REUTERS/Stephane Mahe/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Volkswagen’s $5 billion investment in Rivian boosts EV maker’s shares

The partnership will help Volkswagen accelerate its plans to develop software-defined vehicles (SDV).

FILE PHOTO: VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S.,  March 1, 2023. REUTERS/Lisa Baertlein/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

VinFast considers delaying $4 billion US plant, source says

Struggling Vietnamese EV manufacturer VinFast could push back opening of long-awaited North Carolina factory yet again.

The BYD logo is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/ File photo
AnalysisBusinessElectric Vehicles (EVs)In-Depth

Why BYD EV exports sell for twice the China price

China's top EV maker, BYD, has dramatically hiked export prices compared to what it charges at home, rather than undercut foreign rivals

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