Automakers and suppliers are working to react while working together to stay profitable amid the moving import tariff target.
CarMax, the biggest seller of used cars, said that sales and profit plunged in the latest quarter. Its shares closed down 20%.
In Waiblingen, Bosch plans to close a 560-person plant that produces connectors for the auto industry by 2028 after years of ...
Import levels have erratically bounced up and down, duty collections have surged, and the geographic burden of those taxes is running counter to 30 years of economic integration in North America — ...
Volkswagen AG paring back production and Robert Bosch GmbH slashing 13,000 jobs shows how the German auto industry’s decline ...
J.P. Morgan projects $52 billion in U.S. auto industry tariff costs over three years, impacting both carmakers and consumers.
From 60-second cycle times to AI-powered automation. Discover how industry leaders are achieving 20% higher output, 50% lower ...
Three weeks after being hit by a ransomware attack, Jaguar Land Rover assembly lines remain idled. In the meantime, cyber ...
The auto industry is flashing warning lights on the state of the U.S. economy, raising concerns as profits tighten. CarMax, the nation’s largest used-car retailer, reported a steep drop in quarterly ...
The U.S. announced a 25% tariff on heavy truck imports beginning Oct. 1, dealing Mexico a potentially severe blow.
Canada is feeling the pressure, as well. Martinrea is an Ontario-based auto parts maker with operations in Canada, Mexico and the US, among other countries. Its executive chairman, Robert Wildeboer, ...
TUSCALOOSA, Ala. — Area governors, power company executives and university presidents recently established the Mississippi-Alabama-Georgia Network for Evolving Transportation, or MAGNET for short — a ...
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