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Weekly roundup: Trump hints at tariff relief, U.S. probes chip imports, GM cuts 500 jobs amid EV slump

Summary by CBT Automotive Network
Earlier this week: Trump signaled possible tariff relief for the auto industry amid supply chain disruptions. The  U.S. launches national security probe into semiconductor imports. GM to idle its Canadian BrightDrop plant and cut 500 jobs amid slumping EV van demand. Stellantis reports 1.2M global shipments in Q1 2025. Nissan plans to maximize production in response to tariffs. Volkswagen to maintain prices on new models through May. Hyundai Hop…
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CBT Automotive Network broke the news in on Friday, April 18, 2025.
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