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Shares in German automakers BMW, Daimler and Volkswagen dropped after United States President-elect Donald Trump alerted he will enforce a border tax of 35 percent on automobiles imported from abroad
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Ford Motor is dealing with a plan to compensate parts makers that were planning to provide the plant the automaker canceled recently and will return the land to the government
Toyota Motor on Thursday stated that company CEO Akio Toyoda consulted with U.S. Vice President-elect Mike Pence in Washington this week as the inbound U.S. administration pressures car manufacturers to
Fiat Chrysler Automobiles (FCA) stated it will invest $1 billion to improve two plants in the United States Midwest and generate 2,000 jobs, and possibly move production of a Ram
Global auto executives at the Detroit auto show are highlighting their financial investments in the United States, conscious of President-elect Donald Trump’s comments on automakers for building automobiles in Mexico.
Mexico’s government stated on Friday it declines any effort to use threats to impact financial investment in the nation, one day after U.S. President-elect Donald Trump stated Japanese carmaker Toyota
U.S. President-elect Donald Trump has called on Toyota Motor over its Mexican-built vehicles, however the biggest risk from a proposed tariff would be for its compatriot Nissan Motor, the biggest
Japan’s finance minister has been watching Toyota’s defense after the automaker was criticized for its Mexican development strategies by the United States president elect Donald Trump. Toyota, the world’s most
President-elect Donald Trump warned to put tax on General Motors for importing compact vehicles to the United States from Mexico on Tuesday as competing Ford canceled strategies to open a
President-elect Donald Trump stated Tuesday that General Motors and other United States companies could deal with a large tax if they ship producing overseas. “General Motors is sending Mexican made
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