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AUTOMAKERS TARIFFS IMPACT
JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- Global Market: China’s April growth slows sharply as consumption, factory output weakenChina's economy shows signs of slowing down. Industrial output, retail sales, and investment activity weakened in April. This slowdown is l...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- Honda books first annual loss, hit by $9 billion EV chargeHonda Motor reported its first annual loss in almost 70 years, totaling 414.3 billion yen, due to U.S. tariffs and significant restructurin...
- Customers have started committing to new product cycles: Tata Technologies MD & CEOTata Technologies is ramping up investments in the automotive and industrial arenas, fueled by innovative product cycles that are encouragi...
- US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summitU.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market...
- Toyota expects $4.3 billion hit from Iran war falloutToyota anticipates a significant financial hit from the Iran war. The automaker expects the crisis to cost approximately $4.3 billion this ...
- Why Deepak Shenoy is betting on industrials, defence, and oil and what he's avoidingDespite gloomy headlines, Deepak Shenoy of Capitalmind MF sees a better ground reality for markets, backed by strong corporate earnings and...
- Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
- US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earningsU.S. stocks retreated from record highs as concerns over the AI boom and OpenAI's performance weighed on tech shares. Investors are anticip...
- BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
- NCR workers unrest adds to cost strain on firms already hit by Iran warWorker protests over minimum wages are escalating in Noida and Manesar. This unrest, following a significant wage hike in Haryana, is incre...
- US rejects aluminum tariff relief request from Ford, WSJ reportsThe U.S. government has rejected requests from Ford Motor and other automakers for relief from aluminum tariffs, despite supply disruptions...
- Hyundai Motor warns of bigger hit from US tariffs after Q2 profit fallHyundai Motor saw a dip in profits for the second quarter. This is because of the US tariffs on vehicles and parts. The company anticipates...
- Mercedes pulls earnings guidance amid Trump tariff uncertaintyMercedes-Benz reported a decline in car business profitability for the first quarter, with a margin of 7.3% compared to 9% last year. Group...
- Trump tariffs force more automakers to scrap profit guidanceMounting trade tensions, spearheaded by unpredictable U.S. tariffs, have prompted Stellantis and Mercedes-Benz to retract their profit fore...
- Tariffs will cost automakers billions, says Canada’s LinamarLinamar is not considering shifting production despite the short-term tariff threats, as such moves would be costly and unproductive.
- Trump tariff drama carries high stakes for US automakers, car buyersDonald Trump has kept major automakers in suspense with threats of imposing 25% tariffs on vehicles from Mexico and Canada, potentially imp...
- Automakers brace for impact of Trump tariff plan for Canada and MexicoOn Monday, hours after his inauguration, Trump said he planned to impose the tariffs beginning Feb. 1. Now the question is whether he will ...
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