Tag:

Chevrolet

GM Suffers $1.1B Hit Because Of Trump's Tariffs GM Suffers $1.1B Hit Because Of Trump's Tariffs
GM Suffers $1.1B Hit Because Of Trump's Tariffs General Motors had a $1 billion hit over three months due to President Donald Trump's sweeping tariffs that have shaken the auto industry. GM reported a net income of $1.9 billion for the second quarter of 2025, down by about $1.1 billion from Q2 2024. Revenue slipped 1.8% to $47.1 billion. The automaker's North American operations were hit hardest, with profits falling nearly 46%. GM previously lowered its full-year outlook in May to account for a projected $4 billion to $5 billion tariff hit, which didn't change in the Q2 earnings report. Chief financial officer Paul …
Panic Buying Shrinks US Vehicle Supply As Trump's Tariffs Set Up Summer Price Hikes Panic Buying Shrinks US Vehicle Supply As Trump's Tariffs Set Up Summer Price Hikes
Panic Buying Shrinks US Vehicle Supply As Trump's Tariffs Set Up Summer Price Hikes The US supply of new and used vehicles is quickly declining after car shoppers rushed to make purchases before President Donald Trump's sweeping tariffs shook the auto industry, setting the stage for a costly summer. New-vehicle stock fell to 2.69 million units by Tuesday, April 1, according to auto data company Cox Automotive. That was down 10.2% from the start of March and 2.4% lower than the same time in 2024. Buyers flooded showrooms in the final week of March, driven by seasonal trends and fears of price hikes tied to Trump's rapidly changing tariffs. "With import tariffs no…
Transmission Defect Could Lock Up Wheels, Prompting Massive Cadillac, Chevy Recall Transmission Defect Could Lock Up Wheels, Prompting Massive Cadillac, Chevy Recall
Transmission Defect Could Lock Up Wheels, Prompting Massive Cadillac, Chevy Recall A transmission defect in more than 90,000 Cadillac and Chevrolet vehicles could cause the front wheels to lock up while driving, increasing crash risks, officials said. The recall affects about 90,081 2019-2020 Cadillac CT6, 2020-2021 Cadillac CT4 and CT5, and 2020-2022 Chevrolet Camaro models equipped with a 10-speed transmission, the National Highway Traffic Safety Administration said. According to NHTSA, internal transmission damage could lead to sudden wheel lock-up, creating a serious hazard for drivers. To fix the issue, GM will install transmission control module monitoring…
Man Killed In Hudson Valley Crash With Tractor-Trailer Man Killed In Hudson Valley Crash With Tractor-Trailer
Man Killed In Hudson Valley Crash With Tractor-Trailer Police are investigating after a 74-year-old Connecticut man was killed during a two-vehicle crash in the Hudson Valley. The incident occurred in Dutchess County at the intersection of Route 22 and Route 55 in the town of Dover, a hamlet of Wingdale, around 3:45 p.m., Thursday, June 13. According to Capt. John Watterson of the Dutchess County Sheriff’s Office, a 2010 Chevrolet pickup was on Route 55 preparing to enter traffic on northbound Route 22 when it pulled into the path of a 2020 Kenworth tractor-trailer. The collision killed the driver of the pickup, Northern Fairfie…
Fatal Crash: 74-Year-Old ID'd As Victim After 2 Vehicles Collide On CT Roadway Fatal Crash: 74-Year-Old ID'd As Victim After 2 Vehicles Collide On CT Roadway
Fatal Crash: 74-Year-Old ID'd As Victim After 2 Vehicles Collide On CT Roadway A 74-year-old Connecticut man was killed after his vehicle was hit by a pickup truck. New Haven County resident Michael Arthur Miller, of East Haven, died around 3:30 p.m., Wednesday, June 5, in Oxford. According to the Connecticut State Police, Miller was riding his Harley-Davidson FLHT Classic eastbound on Silano Drive when he entered the Route 188 intersection and was hit by a 2002 Chevrolet Silverado 1500 pickup truck traveling southbound. Miller was pronounced dead at the scene. The driver of the truck, a 21-year-old Oxford man, was not injured, police said. The crash rema…
Stamford Man Admits To Bank Robbery Spree In Fairfield County Stamford Man Admits To Bank Robbery Spree In Fairfield County
Stamford Man Admits To Bank Robbery Spree In Fairfield County A man is facing years in prison after pleading guilty to three bank robberies in Connecticut. Francesco Pensiero, "Frank," age 51, of Stamford, admitted the 2020 robberies on Tuesday, June 4, according to Vanessa Roberts Avery, US Attorney for the District of Connecticut. According to court documents and statements made in court, on Tuesday, Oct. 13, 2020, Pensiero and an associate robbed the Chase Bank located at 2855 Main St., in Stratford.  During the robbery, Pensiero's associate displayed a handgun to the teller and gave the teller a note that said, "This is a robbery. Give me al…