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Friday, mar 7
Tag:
General Motors
Business
Trump Pauses Auto Tariffs Amid Trade War Fallout With Canada, Mexico
President Donald Trump is giving US automakers a brief delay on tariffs imposed against Canada and Mexico as trade war tensions escalate and concerns rise domestically about the economy. The pause was confirmed at a news briefing by White House Press Secretary Karoline Leavitt on Wednesday, Mar. 5. The move came one day after Trump officially placed 25 percent tariffs on Canadian and Mexican goods while raising tariffs on Chinese imports to 20 percent. The country's "Big Three" automakers — Stellantis (formerly Chrysler), Ford, and General Motors — talked with Trump abou…
Business
GM Axes Robotaxis, Refocuses On Personal Cars
General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of robotaxis through its subsidiary Cruise LLC. The company will instead focus on integrating autonomous and advanced driver assistance systems (ADAS) into personal vehicles. The decision, announced this week, comes as GM evaluates the time, costs, and competitive challenges associated with scaling a robotaxi business. “GM is committed to delivering the best driving experiences to our customers in a disciplined and capital-efficient manner,” said Mary Barra, GM Chai…