American Axle & Manufacturing gets tax break for $133m investment in Michigan site American Axle & Manufacturing received an SESA exemption for a $133m investment in its Michigan facility, which was chosen over its site in Mexico for upgrades. James McLoughlin
Stellantis invests $10bn in US manufacturing, reports say, while tariff negotiations continue New CEO Antonio Filosa is reportedly looking to localise US manufacturing while tariff discussions with the US government continue. Ilkhan Ozsevim Megan Kelly
Trump tariffs cost GM over a billion dollars in Q2 GM has reported that tariffs on imported vehicles and automotive parts have cost it $1.1 billion in the second quarter of this year, a major contributor to its 21% drop in net income over the quarter. Marcus Williams
