GM expects $500 million tariff refund after Supreme Court ruling
General Motors expects a $500 million tariff refund after a Supreme Court ruling invalidated certain auto import tariffs, reducing future cost projections.
General Motors expects a $500 million tariff refund after a Supreme Court ruling invalidated certain auto import tariffs, reducing future cost projections.
Automakers are discontinuing and canceling several EV models and projects, signaling a strategic shift due to slower market adoption and policy changes.
The EU is considering its response to a US threat of 25% tariffs on European cars, intensifying a dispute over a previous trade agreement.
A new US threat of 25% EU auto tariffs endangers a fragile trade deal, sparking sharp condemnation from European officials and risking further escalation.
Gas prices above $4 per gallon in the US are lifting EV searches and consideration, with buyers focusing on ownership costs over policy.