The U.S. auto industry is a significant part of the country's economy, employing 10.1 million people and generating a $1.2 ...

Later in the century, there was a rise in overseas car manufacturing and by 2024, nearly half of the cars purchased in the US were produced abroad. As such, President Donald Trump's newly proposed ...

President Donald Trump said he wants to spur more manufacturing in the United States with a new tariff targeting foreign car imports, set to go into effect Wednesday. “If they’re made in the U ...

Shares of General Motors are up before the opening bell after announcing plans to invest $4 billion to shift some production ...

The $5.8 billion Louisiana facility will be the car manufacturers’ first steel manufacturing facility in the US and will produce more than 2.7 million metric tons of steel a year and create more ...

Its manufacturing footprint for vehicles ... But it might face pricing pressure from rivals diverting cars previously bound for the US into the UK. And its US operations are not as deeply embedded ...

“The tariffs imposed today will make it more expensive to produce and sell cars in the United States, ultimately leading to higher prices, fewer options for consumers, and fewer manufacturing ...