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Trump's tariffs would deal a big blow to auto industry
Wells Fargo: Trump tariffs would add $2.1K to the price of cars made by U.S. automakers—and could cost Ford, Stellantis, and GM billions in profit
If enacted, a 25% tariff on all auto parts from Canada or Mexico will add $2,100 in cost to the consumer for each U.S. assembly vehicle, according to Wells Fargo estimates. As for
Trump’s tariffs would devastate auto sector, raise consumer costs: industry leaders
Auto industry leaders say U.S. president-elect Donald Trump's threat of tariffs on Canadian goods would have devastating effects for the sector, forcing both Canadian and U.S. consumers to pay higher
Trump's tariffs would deal a big blow to the auto industry
The prospect of disruptive tariffs hits the industry at a perilous moment. Virtually all automakers are struggling with sagging consumer demand, a growing preference for hybrids and electric cars, and the emergence of Chinese automakers like BYD that are pushing into markets once dominated by Japanese,
14h
on MSN
Post-election rally not a rotation based on fundamentals, says Wells Fargo's Christopher
Paul Christopher, Wells Fargo Investment Institute head of global investment strategy, joins CNBC's 'The Exchange' to discuss ...
2d
Wells Fargo’s Wall Street Expansion Paying Off, Braunstein Says
Wells Fargo & Co.’s years-long effort to grow into a more formidable Wall Street player is starting to bear fruit, according ...
1d
on MSN
The area of the stock market investors should avoid in 2025, according to Wells Fargo
Wall Street is feeling optimistic about 2025, particularly against the backdrop of some of President-elect Donald Trump's pro ...
bankingdive
6d
Don’t lift Wells Fargo asset cap, Warren tells Fed
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells ...
Think Advisor
2d
Wells Fargo Loses Head of Advisor Recruiting to PNC
Wells Fargo’s head of advisor recruiting and post-acquisition integrations, Brendan Krebs, has left the firm to be managing ...
2d
Wells Fargo’s Best Growth Stocks: 28 Stocks With The Highest Consensus EPS Growth Estimates
With the interest rate cycle kicking off in the US, stocks that are exposed to consumer and business spending are starting to ...
12d
on MSN
'Sudden cardiac death' killed Wells Fargo employee found dead at desk: Medical examiner
Investigators did not find any “concerning items” at Denise Ann Prudhomme's desk and don’t suspect any foul play.
InvestmentNews
1d
Former Wells Fargo exec Brendan Krebs emerges at PNC
The 25-year industry veteran previously in charge of the Wall Street bank's advisor recruitment efforts is now fulfilling a ...
1d
Wells Fargo asset cap could be removed next year, Reuters reports
Wells Fargo (WFC) is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing ...
6d
on MSN
Former Wells Fargo Advisor Pleads Guilty to $3 Million Theft
Kenneth Welsh admits guilt in a long-running criminal case while the Securities and Exchange Commission’s civil complaint is ...
Vallejo Times Herald on MSN
3h
Wells Fargo Foundation Awards $100K Grant for Solano County Homelessness Prevention
Among the list of growing concerns in Solano County, homelessness is near the top. The Wells Fargo Foundation recently awarded a $100,000 grant to Resource Connect Solano to assist residents ...
1d
on MSN
Texas woman accuses Wells Fargo affiliate exec in San Antonio of sexually assaulting her in Austin
Wells Fargo knew or should have known of the executives' "propensity for excessive drinking and likelihood of sexual assault, ...
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