Cleveland-Cliffs to idle parts of Dearborn steel plant on weak auto demand
Cleveland-Cliffs (NYSE:CLF) +2% in Tuesday's trading after saying it will temporarily idle some operations at its Dearborn, ...
Stellantis stockpiles parts, speeds car shipments as Canada, Mexico tariffs approach
Chief Financial Officer Doug Ostermann said the automaker is taking several steps during the recent tariff reprieve on Mexico and Canada.
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Trump forces carmakers to wrestle with shifting math on American plants
Volkswagen AG has been wanting to build more cars in North America. Now, as Donald Trump embarks on a trade war that’s roiled the global auto industry, the German carmaker’s calculus has grown far ...
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Auto industry's long product cycles clash hard with Trump's tariff timelines
Car manufacturers and parts suppliers make multibillion-dollar investments in plants, technology, equipment and new vehicles many years ahead of when the cars and trucks hit dealership lots. That's ...
Car parts supplier Forvia to pass on cost of US tariffs to customers
French car parts supplier Forvia is drafting an action plan on how to deal with the impact of U.S. tariffs on its Mexican operations, and plans to pass on costs to customers, it said on Friday.
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New tariffs drive fears of rising car prices in the U.S.
The White House describes the tariffs as a response to inadequate border and drug enforcement. They are forecast to add ...
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Japan: Blast at auto parts plant in Toyota city kills one
The plant in the central city of Toyota has seen a similar explosion in 2023 which forced the company to suspend production at some domestic plants for some time. An explosion at an auto parts ...