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Quality Metalcraft is a metal stamping company in Livonia that serves automotive, commercial vehicle, aerospace and defense ...
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Auto industry tells Trump that tariffs on car parts will mean 'layoffs and bankruptcy'Trump said earlier he plans to impose tariffs of 25% on auto parts no ... stoppages, layoffs and bankruptcy," the letter added, noting "it only takes the failure of one supplier to lead to a ...
Quality Metalcraft, a supplier of parts to the automotive and aerospace industries, laid off 41 workers in Sterling Heights ...
The tariffs are expected to shrink the supply of less expensive vehicles. Nearly 80 percent of cars priced at less than ...
More than 1,800 layoffs since the beginning of April are tied to the manufacturing, distribution and freight sectors.
The automotive parts supplier offers a portfolio of powertrain components businesses across passenger cars and commercial vehicles, actively managed based around a 15% targeted return on invested ...
Anxiety over jobs is increasing among autoworkers as the impact of Trump’s trade war policies spread throughout the global ...
The 25% tariffs imposed on auto parts by the Trump administration do not apply to parts that comply with the US-Mexico-Canada Agreement (USMCA), providing relief to suppliers in Canada and Mexico.
"One way to avoid tariffs is you just don't ship things directly from China into the United States," he explained. "And ...
Auto parts can cross the border ... The letter said “most auto suppliers are not capitalized for an abrupt tariff induced ...
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