Suppliers
Yasa’s tiny-but-powerful axial-flux electric motors can be found in hybrids sold by Ferrari, Lamborghini, McLaren and Koenigsegg.
The Trump administration is soliciting public comments until May 16 on new semiconductor and critical materials tariffs.
Nissan is in talks with Mitsubishi and Honda about joint manufacturing in the U.S., where global companies are trying to source more product to avoid U.S. tariffs, Hans Greimel wrote today.
General Motors has suspended a $55 million project with Piston Automotive to manufacture hydrogen fuel cells at a plant on the old State Fairgrounds site in Detroit.
Contract losses tied to tariffs hurt Superior Industries' Q1 results.
The combined 145 percent U.S. levies on most Chinese imports will be reduced to 30 percent including the rate tied to fentanyl by May 14, while the 125 percent Chinese duties on U.S. goods will drop to 10 percent.
While automakers tallied up the costs and potential liabilities from President Donald Trump's tariffs, some companies reported they could actually benefit from them. This Canadian supplier was one of them.
U.S. tariffs on vehicles and parts work differently for imports from the U.K., Canada, Mexico and China than they do for the rest of the world.
“Virtually everything” Linamar ships to the U.S. is exempt from tariffs because the parts comply with the US-Mexico-Canada trade deal, Executive Chair Linda Hasenfratz says.
Peter Carlsson has teamed up with Siddharth Khullar, who led Northvolt’s AI efforts, to develop an industrial software platform.
