Tag: Automotive industry
Ford Motor Q4 Earnings Report Expectations: Wall Street Forecast.
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...
GM Exceeds Wall Street Expectations, Reevaluates Annual Forecast Amid Auto Tariffs
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 anticipates €1 billion loss due to increasing tariff war.
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...
Challenges Beyond Elon Musk: Tesla’s Issues Examined
Tesla's Challenges Beyond Elon Musk: A Deep Dive into the Car Maker's Issues In the realm of electric vehicles, Tesla has soared to great heights under the leadership of its charismatic CEO, Elon Musk. However,...
Auto Union Leader Unexpectedly Supports Trump on Tariffs
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 by Trump
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...
Automakers Granted One-Month Tariff Exemption by Trump
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...
Car Prices Set to Soar $12,000 Due to Trump’s Tariffs
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...
Stellantis’ U.S. Price Cuts Boost Sales: Data Analysis
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...
Top Priorities for Lucid Motors After CEO Departure
Lucid Motors, an electric vehicle manufacturer, faced a significant setback following the sudden departure of CEO Peter Rawlinson and a stock downgrade by Bank of America. Rawlinson, who also served as the company's chief...
Lucid CEO Resigns; EV Maker Plans to Double Production
Lucid CEO Steps Down Amid Production Plans Lucid Group, the electric vehicle manufacturer, made headlines on Tuesday with the announcement of CEO Peter Rawlinson's resignation. The company is gearing up to double its vehicle production...
Rivian Exceeds Q4 Expectations, Projects Lower 2025 Deliveries
Rivian Automotive, the electric vehicle manufacturer, has surpassed analysts' expectations for the fourth quarter, achieving its first gross quarterly profit of $170 million. However, despite this positive news, the company anticipates lower sales in...
