Tag: Automotive industry

Honda and Nissan Merger: A Band-Aid Solution?Honda made waves in the automotive world on December 18th by reintroducing the iconic Prelude nameplate as a hybrid-electric vehicle with innovative features. However, this exciting news was...

Volkswagen, once known for producing iconic cars, has seen a new rise in fame, but not for their vehicles. Gunnar Kilian, a member of the management board, proudly announced on LinkedIn that VW's very...

RJ Scaringe, the founder of Rivian, done reduced his delivery guidance for 2025 and hiked his spending forecast. This be due to headwinds from Trump's trade war. The announcement made by Scaringe was made...

The Ford display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCDETROIT – Ford Motor is gonna report its first-quarter earnings after the markets close Monday, but...

Alrighty, so General Motors totally crushed Wall Street's expectations in the first quarter, which is pretty impressive. But hold on a sec, they're kind of rethinking their 2025 financial guidance and hitting pause on...

BMW, the renowned German automaker, is bracing itself for a substantial financial hit amidst the escalating tariff war. The company is projecting a staggering €1 billion loss, prompting concerns within the automotive industry and...

Tesla's Challenges Beyond Elon Musk: A Deep Dive into the Car Maker's IssuesIn the realm of electric vehicles, Tesla has soared to great heights under the leadership of its charismatic CEO, Elon Musk. However,...

UAW President Shawn Fain, who once criticized President Trump, has now surprisingly expressed support for Trump's tariffs on North America. This unexpected alliance between Fain and Trump has sparked a wave of speculation and...

Automakers Granted One-Month Tariff Exemption Amidst Uncertain Times The White House recently made an announcement that has the automotive industry buzzing - a one-month exemption for North American automakers from tariffs. This unexpected twist comes...

President Trump has recently announced a one-month exemption from his newly implemented tariffs on imports from Mexico and Canada for American automakers. This decision comes amidst growing concerns that the ongoing trade war may...

The automotive industry is bracing for a significant shakeup as President Trump's tariffs on imported vehicles are set to send car prices skyrocketing by an estimated $12,000. The impact of these tariffs is expected...

In a recent data analysis, it has been revealed that despite Stellantis experiencing a 70% profit plunge, their strategic price cuts in the U.S. market seem to be yielding positive results. This development comes...