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The American automaker reported that tariffs cost them $1.1 billion and reduced the company's profit margin from 9% to 6.1%.
It’s pretty simple, said Steven McDonald, co-owner of Trinity Pre-Owned Auto Sales in Norfolk. As manufacturers over the ...
Elon Musk was in typically combative mood when he declared on his own social media platform, X: 'There is a large graveyard ...
Zeekr, a premium EV brand owned by Geely, used the same method to book early sales in late 2024 in the southern city of Xiamen through its main dealer there, state-owned Xiamen C&D Automobile, ...
Chinese electric vehicle brands Neta and Zeekr inflated sales in recent years to hit aggressive targets, with Neta doing so ...
Still, investors looking to capitalize on the growth of the EV industry can invest in two ways: buying individual stocks of ...
The effect of President Trump's potential tariff regime on automakers, which have a sprawling global supply chain and are ...
It pays to know the complex tax rules before rushing to buy or lease an electric vehicle or plug-in hybrid vehicle before credits expire Sept. 30.
Escalating tensions around tariffs have also clouded the future for car makers. Volvo Car has a diversified manufacturing footprint and has been working to shift some production from China to limit ...
Experts predict near-term price instability for EVs and other vehicles due to Trump's tariffs, potentially leveling off by ...