US AUTOMOTIVE INDUSTRY

The U. S. car industry has had a wild ride since 2020. Factories shut down, parts ran out, and prices shot up. Now, in 2026, things aren't looking much smoother. Car bosses are planning for the worst while hoping for the best. Prices are a big worry. The average car now costs about $50, 000. That's

The CEO of General Motors, Mary Barra, started her quarterly letter to investors with a nod to President Trump. She thanked him for his backing of the U. S. auto industry. However, she later revealed a significant issue: the company expects to face a financial hit of $4 billion to $5 billion due to