The announcement, which will eliminate about 1,200 jobs, came less than a week after the carmaker Stellantis said it would move production of a new vehicle to Illinois from a Toronto suburb.
Tag: Barra, Mary T
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
Trump’s Executive Order to End E.V. Subsidies Draws Pushback
Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.
As U.S. and Chinese Officials Meet, Businesses Temper Their Hopes
Chief executives in the U.S. have long pushed for closer ties between the two countries. Now they just hope a rocky situation won’t get worse.
G.M. Announcement Shakes Up U.S. Automakers’ Transition to Electric Cars
Every carmaker is trying to figure out how to make the leap before governments force it and Tesla and other start-ups lure away drivers.