Home
Sweden
Living
World
Business
Sports
Entertainment
Info
Sweden
Living
World
Business
Sports
Entertainment
General Motors
Trump's Tariff Plan Could Drive Up Car Costs, Impact US Market
A blow to the USA's car market where consumers will have to pay an extra cost of tens of thousands of kronor. This will be the consequence of President Donald Trump's latest tariff gamble, assesses automotive analyst Hampus Engellau.
Wall Street Dips as US Car Giants Slide on New Tariff Announcement
The New York stock exchange fell again on Thursday. A feared global trade war in the wake of the USA's import tariffs is pouring fuel on already existing fears in the American economy.
Trump's Vehicle Tariffs Spark EU Regret and Market Reactions
The President of the USA, Donald Trump, is introducing 25-percent tariffs on all vehicles manufactured outside the USA from April 2. The Chairman of the EU Commission, Ursula von der Leyen, "deeply regrets" the decision.
Wall Street Dips as Traders Brace for Trump's Tariff Announcement
Another trading day with tariff-related gloom is over. The traders on Wall Street were afflicted with anxiety ahead of a tariff decision by President Donald Trump.
Nvidia rolls into GM's vehicles
Nvidia has entered into a collaboration with General Motors (GM) where AI-based products and services, among other things, will be included in the vehicle giant's future vehicles. .
Wall Street fell again – Tesla continues to plummet
After two trading days in a row on the plus side, the gloom was back on Wall Street. Not least, electric car manufacturer Tesla had a very heavy day – as did the technology sector as a whole.
Cadillac enters Formula 1
American Cadillac becomes the eleventh team in the Formula 1 season 2026. Already in November, it became clear that the number of teams in F1 would be expanded from next year, but only now has Cadillac received the green light from the International Automobile Federation (FIA) and Formula 1.
Canada pauses next wave of US tariffs
Canada will wait to impose additional tariffs on American goods worth 125 billion dollars, announces Finance Minister Dominic LeBlanc. .
USA postpones tariffs on Mexico and Canada
The President of the USA, Donald Trump, is postponing the tariffs against Mexico and Canada for a month, reports Bloomberg. .
US Stock Market Rises Amid Tariff Uncertainty and Job Concerns
The New York stock exchange is fluctuating up and down in equally sharp swings as President Donald Trump's announcements about import tariffs. It clearly ended up on Wednesday - but the labor market is weakening, and various analyses indicate an increased risk of recession.
Trump's Tariff Reprieve: What It Means for US Automakers and Trade
The White House is giving the American automotive industry a month's reprieve from the 25-percent tariffs on goods from Canada and Mexico. The automotive sector is the obvious own goal for the USA, says economist Elisabet Kopelman.
Better than expected by General Motors
The American car giant General Motors reported a result for the fourth quarter that was better than what the stock analysts had expected. .
Experts Expect Stock Market Boost and Dividend Bonanza
The stock market is expected to shake off concerns about the economy, inflation, tariffs, and wars. Professionals are counting on a dividend party ahead of this year's first reporting season.
Honda and Nissan in merger talks
The Japanese car manufacturers Honda Motor and Nissan Motor are considering a merger, reports the Japanese newspaper Nikkei and other media. At the same time, information emerges that the Taiwanese iPhone manufacturer Foxconn wants to buy a controlling stake in precisely Nissan.
General Motors stops development of robot taxi
The American car giant General Motors (GM) is discontinuing the development of the self-driving taxi Cruise. The company refers to the fact that it wants to allocate money to other areas and the amount of "time and resources that would be required to increase production".
The Union Threatens with General Strike in South Korea
The Industrial Union KMWU in South Korea is threatening a general strike if the president remains in power. Among its members are employees of giants such as Hyundai and Kia Motors.
General Motors makes massive write-down on Chinese assets
The American vehicle concern General Motors (GM) will, after several years of headwind, write down and take other costs related to the operations in China of more than five billion dollars (approximately 55 billion kronor). Among other things, the value of partially owned companies in China will be written down by 2.
Mexico threatens retaliation against Trump's tariffs
Mexico's President Claudia Sheinbaum hints that Mexico may respond to Donald Trump's threats of punitive tariffs with its own fees and warns of the consequences. .
USA may scrap electric car bonus
The USA and its incoming president Donald Trump may be on their way to scrap the electric car bonus that car buyers can receive, reports Reuters, which is relying on anonymous sources with insight into the plans. .
General Motors and Philip Morris winners on the US stock exchange
The New York stock exchange fell in Tuesday's initial trading, but the three leading indexes recovered and closed near zero. The broad S&P 500 index fell 0.
General Motors performs better than expected
The American car manufacturer General Motors (GM) is increasing its profit forecast for 2024 in a quarterly report. The adjusted operating result is now estimated at 14-15 billion dollars.
Upwards on Wall Street – giants in the automotive industry down
The leading indexes on Wall Street were traded upwards on Monday – but within the automotive industry, it was still tough. Both Ford and General Motors fell.
GM starts selling adapter for Tesla chargers
Car owners with electric vehicles manufactured by American General Motors (GM) will, starting in September, gain access to competitor Tesla's fast-charging stations. This is the result of an agreement reached between the car manufacturers' CEOs Mary Barra and Elon Musk last year.
1
Facebook
X
Instagram
Show Consent Options
Categories
Sweden
Living
World
Business
Sports
Entertainment
Police reports
Information
Publishing principles
Cookiepolicy
Datapolicy
About us
Contact
About Sweden Herald
Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
© Sweden Herald