Tag: Automotive industry

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...

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 Steps Down Amid Production PlansLucid 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 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...

In the fast-paced world of global markets, Chinese cars are making a significant impact, challenging traditional players and reshaping the automotive landscape. While electric vehicles have been dominating headlines in recent years, it is...

Ford Exceeds Earnings Expectations, Forecasts Challenging Year AheadIn a surprising turn of events, Ford Motor has managed to surpass Wall Street's projections for the fourth quarter, with CEO Jim Farley hinting at a difficult...

Ford CEO Jim Farley Urges Comprehensive Global Approach to TariffsIn a bold move that could potentially shape the future of the automotive industry, Ford Motor Co. CEO Jim Farley recently made a compelling case...

On January 30th, 2025, the American public was met with a flurry of executive orders from President Donald Trump on his first day back in office. These orders highlighted his strong stance on tightening...

Avoid These Common Mistakes When Naming a New CarBestowing a name on a car, as on a child, is not to be taken lightly. From the infamous X Æ A-XII chosen by Elon Musk...

Nikola Stock Plummets on Report of Potential SaleIn a shocking turn of events, Nikola's stock took a nosedive on Thursday, closing down a staggering 27.8% following reports of the electric truck maker...