Finance News – Automotive
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Jaguar Land Rover rakes in £2.5bn profit despite stalled sales
Jaguar Land Rover reported a substantial increase in annual earnings to £2.5 billion, marking a decade-high profit even as its vehicle sales experienced little growth over the same...
Read Full Article →Tariffs hit cars, the travel industry declines, and BYD comes for Tesla: Business news roundup
The reduction in automotive tariffs is expected to moderate cost increases, though higher prices may persist, impacting car manufacturers and related sectors amid ongoing shifts in...
Read Full Article →GM to lay off 750 workers at Oshawa plant, citing U.S. tariffs: union president
General Motors is reducing its workforce at the Oshawa Assembly plant as a response to U.S. tariffs, which could impact operational efficiency and local economic conditions.
Read Full Article →5 cars that are safest from tariffs — and 5 getting hit hardest
The recent adjustment to vehicle tariffs is expected to reduce the overall impact on car prices, yet consumers may still experience higher costs due to ongoing trade-related expens...
Read Full Article →Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs
Mercedes-Benz announced plans to expand its Alabama plant with the addition of a new vehicle, reflecting the challenges and opportunities posed by the current auto tariffs implemen...
Read Full Article →'Don't shut up': Canadian auto sector's strategy to fight Trump tariffs
Canadian automotive leaders emphasize the importance of vocal advocacy in response to U.S. tariffs, highlighting the potential financial impacts on the industry and the need for co...
Read Full Article →Auto giants ditch financial guidance as industry reels from Trump tariff chaos
Major automotive companies have suspended their financial forecasts due to uncertainty stemming from the recent imposition of a significant tariff on car imports into the United St...
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