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Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast

Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast

Business News

Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Delta Air Lines won’t expand flying in the second half of the year because of disappointing bookings amid President Donald Trump’s shifting trade policies, which CEO Ed Bastian called “the wrong approach.” […]

Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast Read More »

GM reveals Corvette EV concept car as it reconfirms commitment to Europe

GM reveals Corvette EV concept car as it reconfirms commitment to Europe

Business News

An angle view of the new Chevrolet Corvette concept car. GM DETROIT — General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England. The car features a sleek, aerodynamic exterior that resembles a futuristic IMSA race car more than a traditional Corvette, but

GM reveals Corvette EV concept car as it reconfirms commitment to Europe Read More »

Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices

Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices

Business News

DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump’s 25% auto tariffs, according to a new analysis from industry experts at Cox Automotive. The automotive data and advisory firm expects the levies to add thousands of Dollars to the costs of new

Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices Read More »

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs

Business News

Trucks are shown from a drone view after clearing U.S. Customs and entering the United States from Tijuana along the U.S. Mexico border at Otay Mesa port in San Diego, California, U.S. April 2, 2025.  Mike Blake | Reuters DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles were set to take effect,

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs Read More »

Tariffs will drive up the cost of airplanes, the United States’ star export

Tariffs will drive up the cost of airplanes, the United States’ star export

Business News

The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters President Donald Trump’s sweeping tariffs are set to drive up the cost of Boeing and Airbus planes, GE Aerospace engines, and hundreds of other aerospace and defense products,

Tariffs will drive up the cost of airplanes, the United States’ star export Read More »

Southwest’s bag fees and other changes could backfire, Fitch warns

Southwest’s bag fees and other changes could backfire, Fitch warns

Business News

A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines‘ new policies such as charging for checked bags for the first time could backfire, Fitch Ratings said Thursday. Southwest is reversing its

Southwest’s bag fees and other changes could backfire, Fitch warns Read More »

Stellantis idles plants in Mexico and Canada due to tariffs

Stellantis idles plants in Mexico and Canada due to tariffs

Business News

The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada.  Bill Pugliano | Getty Images DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company confirmed Thursday. The actions are

Stellantis idles plants in Mexico and Canada due to tariffs Read More »

Trump’s 25% auto tariffs are in effect. What investors need to know

Trump’s 25% auto tariffs are in effect. What investors need to know

Business News

Vehicles seen on the lot of a Ford auto dealership in Montebello, California on April 1, 2025. Frederic J. Brown | Afp | Getty Images DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry

Trump’s 25% auto tariffs are in effect. What investors need to know Read More »

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