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May 3, 2026 12:02 PM

Weekend Round-Up: Auto Giants' Tariff Tussle And More

This week was a rollercoaster ride for the automobile sector, with major companies making headlines for various reasons.

Here’s a quick recap of the top stories that shaped the week.

Auto Giants’ Tariff Refund Tailwind

Automobile companies Ford Motor, General Motors and Stellantis could face backlash from the Trump administration for seeking tariff refunds. The refunds have been factored into their account books, boosting their reported net incomes. However, the timeline for receiving these payments remains uncertain.

Read the full article here.

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