eco

GM to Increase Truck Production in the US Following Trump's Tariff Announcement

43 minutes ago

General Motors (GM) has announced plans to ramp up its truck production in the United States following a recent declaration by former President Donald Trump regarding new tariffs on imported vehicles and auto parts. This decision is driven by GM's desire to enhance its position in the domestic market and respond to changes in the economic landscape, influenced by political decisions and tariff policies.

Who Really Pays for Trump's Tariffs?

2 hours ago

A recent study has revealed that the tariffs imposed by the Trump administration on imported goods are ultimately paid for by American consumers rather than Chinese manufacturers. This finding, based on an analysis of the U.S. economy, underscores that protectionist policies aimed at bolstering domestic producers are leading to increased prices for end users.

Vice President JD Vance on Trump's Economic Policy

4 hours ago

Vice President of the United States JD Vance recently stated that former President Donald Trump's economic policy is heading in a completely different direction than the course taken by the current administration. Vance emphasized that under Trump, the economy showed steady growth, reducing unemployment rates and maintaining high employment levels.

Core of the Auto Industry: Stellantis Halts Production Due to Trump Tariffs

5 hours ago

Recent changes in international trade policy have led to unexpected consequences for American automaker Stellantis. The company, formed from the merger of FCA and PSA, has been forced to temporarily idle its plants due to 25% tariffs on imported vehicles imposed by former President Donald Trump's administration. These tariffs affect cars made outside the U.S., resulting in a significant increase in production costs.

Sharp Change in Mortgage Rates Amid Economic Fluctuations

6 hours ago

Amid ongoing economic instability, mortgage rates in the U.S. have reached a new record of 7.37%, compared to 7.31% last week, marking the highest level since 2000. This surge has led to a 4% decline in mortgage applications week-over-week. The scarcity of affordable mortgage options amidst rising rates has compelled many buyers to hold off on purchases, exacerbating an already challenging housing market.

Mazda and Subaru Set Sales Records in October 2025

1 day ago

In October 2025, automotive manufacturers Mazda and Subaru achieved impressive results, setting monthly sales records. Both manufacturers reported a significant increase in the number of vehicles sold, exceeding their previous achievements. This event marks a significant milestone for both companies and indicates a growing consumer interest in their models.

Private Sector Added 155,000 Jobs in March, Exceeding Expectations

1 day ago

According to the latest ADP report, the private sector in the United States added 155,000 new jobs in March 2023, surpassing the projected 150,000 vacancies. This significant increase in employment demonstrates a strengthening economy and confidence in the future of the labor market. It's important to note that this growth comes amid uncertainty in other sectors of the economy, particularly in manufacturing, which is facing various challenges, including rising costs and changes in product demand.

Decline in Golf GTI Sales: What is Behind this Trend?

1 day ago

Recently, there has been a noticeable decline in sales of one of the most iconic hatchbacks in the world – the Volkswagen Golf GTI. Despite this model gaining popularity due to its powerful engine, recognizable style, and sporty characteristics, demand is falling. Statistics show that Golf GTI sales have dropped by approximately 24% compared to previous years. Experts point to several factors contributing to this trend.

Toyota Posts Impressive Sales Results for Q1 2025

2 days ago

According to new data released by Toyota, it is clear that the Japanese automaker continues to strengthen its market position. In the first quarter of 2025, Toyota sold over 2.5 million vehicles worldwide, which is a 15% increase compared to the same period last year.

Israel Cancels All Tariffs on US Products

2 days ago

Israel has decided to eliminate all tariffs on products exported from the United States. This decision is part of a recently reached agreement between the two countries and is aimed at strengthening the economic ties between Israel and the US. It is expected that this move will not only simplify trade but also stimulate economic growth and create new opportunities for businesses.