Trump’s threats to tax key materials needed for building vehicles and on Canada and Mexico which are integral to US auto supply chains have spooked investors. General Motors’ earnings have exceeded Wall Street’s forecasts, but investors are still dumping the stock broadly on fears of tariffs that will make it hard for the carmaker to…
Last Updated:January 24, 2025, 14:44 IST Shares of Sona BLW Precision Forgings dropped by 5.8% on Friday, hitting an intraday low of Rs 511.10; Key points Sona BLW Shares Shares of Sona BLW Precision Forgings dropped by 5.8% on Friday, hitting an intraday low of Rs 511.10, following the release of its Q3 results that…
US President-elect Donald Trump’s transition team is planning to kill a $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, Reuters news agency has reported, citing two sources with direct knowledge of the matter. Ending the tax credit could have grave implications for an already stalling electric vehicle (EV) transition in…
