Jaguar Land Rover is recalling 170,169 vehicles in the U.S. due to loss of drive power, the U.S. National Highway Traffic Safety Administration said on Thursday. The recall affects multiple models including Range Rover, Discovery, Range Rover Sport, Defender, etc., …
Carmakers Bank on $2.3B in Future Tariff Refunds
Some automakers this week got a first-quarter profit boost—at least on paper—from future refunds of tariff payments they made to the U.S. government, risking potential