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…
Driver, 32, Dies After Truck Hits Tree, Overturns On Long Island Driver, 32, Dies After Truck Hits Tree, Overturns On Long Island
Driver, 32, Dies After Truck Hits Tree, Overturns On Long Island A 32-year-old man has died following a single-vehicle crash on Long Island. Joseph Scappatore, of Greenlawn, succumbed to injuries sustained when his Chevrolet pickup truck struck a tree on Greenlawn Road near Ducharme Lane in Greenlawn, Suffolk County Police announced Monday, March 10. The wreck happened at around 9:30 p.m. Sunday, March 9, as Daily Voice reported. Scappatore was heading northbound on Greenlawn Road when his vehicle left the roadway, crashed into a tree, and overturned, police said. He was taken by ambulance to Stony Brook University Hospital in critical condition. No ot…
Gone In 60 Seconds: $135K In Trailer, Car Parts Stolen From Long Island Dealership Gone In 60 Seconds: $135K In Trailer, Car Parts Stolen From Long Island Dealership
Gone In 60 Seconds: $135K In Trailer, Car Parts Stolen From Long Island Dealership Apparently, some people don’t believe in paying retail. Suffolk County Police are on the hunt for two bold thieves who rolled out of a Riverhead dealership with a trailer full of auto parts—without ever signing a lease or haggling over interest rates. The dynamic duo pulled into the parking lot of Eagle Chevrolet on Old Country Road around 7:15 p.m. on Sunday, Feb. 16, casually hitched up a $60,000 trailer, and drove off as if they had just closed a deal on the lot. But the real kicker? The stolen trailer wasn’t empty; it housed $75,000 worth of automotive parts, bringing the total loss to…
Road Rage Rampage: Tesla Driver, Passengers Attack Another Car On Long Island, Police Say Road Rage Rampage: Tesla Driver, Passengers Attack Another Car On Long Island, Police Say
Road Rage Rampage: Tesla Driver, Passengers Attack Another Car On Long Island, Police Say A Tesla driver and his passengers allegedly unleashed their rage on another vehicle during a traffic dispute in Melville, Suffolk County police announced on Wednesday, Feb. 26. Jayson Otero-Savage, 18, was driving a 2022 Tesla T3 south on Walt Whitman Road near the Northern Parkway entrance ramp when he cut off a 2017 Chevrolet Impala and stopped abruptly around 2:20 p.m. on Saturday, Feb. 15, detectives said. Otero-Savage and two male passengers then got out of the Tesla. One passenger stood by while Otero-Savage and the other passenger repeatedly punched and kicked the Chevrolet, causing …
20-Year-Old Volunteer Firefighter Accused Of Setting Long Island Blaze 20-Year-Old Volunteer Firefighter Accused Of Setting Long Island Blaze
20-Year-Old Volunteer Firefighter Accused Of Setting Long Island Blaze A volunteer firefighter from Long Island is facing charges after allegedly setting a brush fire. Suffolk County Police said Jonathan Quiles, age 20, intentionally set the fire in a wooded area on Mount Vernon Avenue in Medford at about 3:35 p.m. on Tuesday, Nov. 12.  The blaze also damaged a 2004 Chevrolet parked nearby. Following an investigation by the Suffolk County Police Arson Section, detectives arrested Quiles, a resident of Medford. He faces charges of: Arson in the fourth degree Arson in the fifth degree Reckless endangerment in the second degree Quiles is scheduled for ar…