The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to ...

Experts say 25% tariffs, if implemented, could cause potentially hundreds of thousands of auto industry employees lose their ...

It is the fifth wave of layoffs across the nation’s supply chain industry since early October, with a total of 16,919 workers losing their jobs, according to firms filing Worker Adjustment and ...

After tariffs, new vehicles will cost thousands more and many workers will likely lose their jobs, experts say ...

Trump’s tariffs on Canada, Mexico, and China are hitting the auto industry hard, driving up costs, disrupting supply chains, ...

The CEO of Ford has warned that Trump’s economic policies could mean layoffs are coming -- to four states that voted for him, ...

German-based automotive supplier ZF Hungary has announced plans to axe 110 jobs at its Hungarian base, citing the downturn in ...

Rex Forge, a manufacturing company which supplies the automotive industry, announced it plans to close and layoff 103 workers ...

President Trump threatened import tariffs on Canada, Mexico, and China, all of which are important markets for Magna International.

“It’s going to mean significant layoffs," Abuelsamid said ... by the month before COVID and that was due to tariffs.” Auto industry sales had slowed substantially and the Midwest was ...