Atlanta, Georgia-based Genuine Parts Company (GPC) distributes automotive and industrial replacement parts. Valued at $19.3 billion by market cap, the company distributes automotive parts, accessories and solutions and replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, farm equipment, and heavy-duty equipment, as well as equipment parts and technologies. The top supplier of automotive and industrial replacement parts is expected to announce its fiscal third-quarter earnin ...

Meanwhile, President Trump announcing tariffs for truck imports. In a post on Truth Social, Trump said starting November 1st, all medium and heavy duty trucks coming into the US are going to be hit with a 25% tariff. The White House is using a national security rationale for those levies.President Trump said last month they would protect manufacturers from unfair competition. US Chamber of Commerce has urged Commerce Department not to implement new tariffs. It says the top five importers to the US including ...

Accessibility StatementSkip Navigation GOTHENBURG, Sweden, Oct. 3, 2025/PRNewswire/ -- The Volvo Group report for the third quarter will be published on October 17, 2025 at 7:20 a.m. CEST. A press conference will be held at Tändstickspalatset, Västra Trädgårdsgatan 15 in Stockholm at 9.00 a.m. CEST. The Volvo Group will be represented by President and CEO Martin Lundstedt and CFO Mats Backman. Link to webcast: https://qreport.volvogroup.com/ Press and analysts who want to participate in the press conferenc ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

Tariffs on Various Products - President Trump announced a 100% tariff on brand name or patented pharmaceutical products starting October 1st, unless manufacturers establish a plant in the US [1] - A 50% tariff will be imposed on kitchen cabinets, bathroom vanities, and related products, along with a 30% tariff on upholstered furniture, effective next week [2] - Additionally, a 25% tariff on imported heavy trucks is being introduced, framed as a national security measure to support American truckers [2] Impact on Costs and Prices - Critics argue that these tariffs could increase costs for businesses and consumers, with previous tariffs on steel, aluminum, and copper already raising expenses for US truck manufacturers [3] - Furniture prices have also seen significant increases due to earlier tariffs, with living and dining room pieces rising nearly 10% over the past year according to the Bureau of Labor Statistics [3][4]

Tariffs and Trade Policy - The US is imposing a 100% tariff on branded or patented pharmaceutical products entering the country, starting October 1st, with exemptions for companies building drug manufacturing plants in the US [1][2] - A 25% tariff will be imposed on imported heavy trucks, also starting on October 1st [2] - New tariffs on kitchen supplies and furniture include 50% on kitchen cabinets, bathroom vanities, and associated products, and 30% on upholstered furniture, all starting October 1st [3] - Section 232 investigations are initiated on imports of robotics, industrial machinery, and medical devices, potentially leading to tariffs on these products [3] Economic Impact and Reactions - The trade war has caused a drop in Chinese purchases of American soybeans, leading to a mechanism to transfer tariff dollars to American farmers to offset the impact [4] - Concerns are raised about "crony capitalism" and the potential for businesses to seek exemptions from tariffs, favoring big and connected businesses [9][10] - The White House views the president as the "dealmaker chief" and sees the tariff policy as a deliberate strategy to improve the US economy, even if it means picking winners and losers [13][14] Legal and Political Considerations - Invoking national security for tariffs, such as on bathroom vanities, is seen as an attempt to find a firmer legal footing for the tariffs, potentially to defend them in court [15][16] - There is speculation that even if Democrats come into power, these tariffs may not be rolled back entirely due to the desire to protect American workers and maintain government revenue [20][21] - Exemptions from tariffs could become a tool for any president to favor certain players, including liberal billionaires or trade unions [22]

Group 1 - U.S. stock futures showed volatility following President Trump's announcement of new tariffs on drugs, trucks, and furniture [1] - The market reaction to the tariff news was relatively calm, indicating resilience among investors [1]

Trump announces 25% tariff on trucks and 30% tariff on furniture, potentially boosting costs for items that have already risen considerably in price.https://t.co/YarONuSwNy ...

Trump announces 25% tariff on trucks and 30% tariff on furniture, potentially boosting costs for items that have already risen considerably in price.https://t.co/SplVtORm96 ...

Social Media & Brand Engagement - User @tonyprofits seeks fantasy football team name ideas related to "triton tonka trucks" [1] - User @blknoiz06 is the target for the team name request [1]