Why the auto tariffs would be bad for America
Tariffs on imported autos would be intended to protect the US economy, but they'll probably do more harm than good......»»
Volkswagen in Brazil to keep factories closed through April
Volkswagen AG said on Monday it will keep its factories in Brazil, South America's top auto producer, shut through the end of the month, but that a decision has not been made on whether it will reopen them in May or later......»»
Auto supplier Magna preparing for North America return to work May 4: exec
Canadian auto su.....»»
In response to COVID-19, Bank of America is offering deferrals on home loans, auto loans, and credit cards
Bruce Bennett/Getty Images In response to COVID-19, Bank of America is offering payment deferrals for home loans, auto loans, and credit cards for up to 90 days. If you are still facing financial hardship after 90 days, Bank of America w.....»»
Honda pivots production to plastic shields
With auto production halted, Honda of America Manufacturing is putting its North American production know-how to to work on more timely products. The Marysville-based company Monday said it is using its 3D-printing capabilities to create protective.....»»
Toyota, Honda, Nissan, Hyundai join Detroit automakers in suspending production
Toyota, Honda, Nissan and Hyundai have joined the big Detroit auto manufacturers in suspending operations at plants in North America because of the coronavirus. The companies join Ford Motor Co., General Motors Corp. and Fiat Chrysler in deciding to halt.....»»
Toyota temporarily suspends auto parts production in North America
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
GM, Mercedes to furlough all workers in Brazil, suggesting production stop
General Motors Co and Mercedes Benz will furlough all employees in Brazil later this month, the companies said on Wednesday, suggesting that production in South America's main auto center will be heavily impacted by the coronavirus outbreak......»»
Honda will halt all North American production for six days
Honda Motor Co said Wednesday it is temporarily halting production in North America for six days because of the anticipated decline in auto sales due to the coronavirus outbreak and will reduce production by about 40,000 vehicles......»»
Ex-United Auto Workers president charged as federal corruption probe escalates
Former United Auto Workers President Gary Jones has been charged by federal prosecutors as part of a widening corruption probe into one of America's most prominent unions......»»
Outside the Box: ABCs of trade: If it can’t be made in America, it should be made anywhere but China
Tariffs on Chinese products are successfully moving the needle on U.S. trade flows......»»
U.S. "Section 232" auto decision on hold for possible U.S.-EU trade deal: Kudlow
White House economic adviser Larry Kudlow said on Friday that a U.S. decision to impose "Section 232" national security tariffs on cars and auto parts imported from the European Union is on pause amid attempts to reach a U.S.-EU trade deal......»»
Market Snapshot: Dow joins S&P 500, Nasdaq at records as China says it will slash tariffs on $75 billion in U.S. goods
Stocks head higher Thursday, setting the stage for a fourth straight day of gains as focus shifts from the rising death tolls from coronavirus to fresh developments in trade between China and America......»»
NewsWatch: Dow joins S&P 500, Nasdaq at records as China says it will slash tariffs on $75 billion in U.S. goods
Stocks head higher Thursday, setting the stage for a fourth straight day of gains as focus shifts from the rising death tolls from coronavirus to fresh developments in trade between China and America......»»
Market Snapshot: Dow set to join S&P 500, Nasdaq at records as China says it will slash tariffs on $75 billion in U.S. goods
Stock-index futures head higher Thursday, setting the stage for a fourth straight day of gains as focus shifts from the rising death tolls from coronavirus to fresh developments in trade between China and America......»»
EU trade chief Hogan returns to Washington as auto tariffs loom
European Trade Commissioner Phil Hogan returned to Washington on Thursday for talks with U.S. counterpart Robert Lighthizer designed to improve transatlantic ties as the threat of auto tariffs looms......»»
Trump"s defiance of Congress on EU auto tariffs is "just plain illegal," economist Paul Krugman says
REUTERS/Brendan McDermid Paul Krugman slammed President Trump for threatening 25% tariffs on Euro.....»»
Trump"s threatened tariffs would increase car prices by thousands of dollars, economists say
Ford President Donald Trump has doubled down on threats to slap steep tariffs on the European auto sector. Frustrated with the trade surplus the 28-member bloc runs with the US, Trump argues that tariffs will pressure car manufacturers to.....»»
Trade war"s pain could deepen even as tensions abate
The trade war is de-escalating, at least for now. But the economic damage it caused could be far from over. Two years of tit-for-tat tariffs and on-again-off-again trade talks have left America.....»»
Trade war"s pain could deepen even as tensions abate
The trade war is de-escalating, at least for now. But the economic damage it caused could be far from over. Two years of tit-for-tat tariffs and on-again-off-again trade talks have left America.....»»
Mexican autoparts firms eye fast lane after U.S. backs trade deal
Mexican auto parts manufacturers with clients across North America expect a record year after U.S. approval of a trade deal mandating higher regional inputs, but the new rules pose a bigger challenge to carmakers......»»