U.S. President-elect Donald Trump and Sen. Ted Cruz (R-TX) attend the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors… Continue reading CNBC Daily Open: A new day, a new Trump policy for markets to digest
Author: CNBC Online news
How President-elect Donald Trump’s policies may affect investors in these 8 market sectors
President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024. Brandon Bell | Getty Images News | Getty Images As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Trump’s campaign promises — from tariffs… Continue reading How President-elect Donald Trump’s policies may affect investors in these 8 market sectors
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday after President-elect Donald Trump threatened to put 25% tariffs… Continue reading Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid DETROIT — The auto industry has an addiction. It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. And now,… Continue reading The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving
JaGUar? Luxury automaker defends controversial rebrand amid pivot to EVs
Jaguar new logo Courtesy: Jaguar Luxury carmaker Jaguar has defended a rebrand that drew widespread criticism on social media this week. The company, part of Tata Motors-owned group Jaguar Land Rover, released a new logo that saw it ditch its iconic “leaper” big cat branding, and unveiled promotional videos featuring brightly dressed models — but… Continue reading JaGUar? Luxury automaker defends controversial rebrand amid pivot to EVs
How the EV era is challenging leading engine maker Honda
Honda is one of the world’s largest and most innovative engine makers. But in recent years it has been challenged by the shift to electric vehicles. Go to Source
Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy
Northvolt CEO Peter Mikael Carlsson is standing on the construction site for the new Northvolt Gigafactory electric car battery factory in front of excavators and wind turbines on March 25, 2024 in Lohe-Rickelshof, Germany. Gregor Fischer | Getty Images News | Getty Images The chief executive of Northvolt stepped down on Friday, shortly after the… Continue reading Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy
The world’s auto giants will need to partner with Chinese companies to survive in China, analysts say
EV cars are pictured inside BYD’s first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. Chalinee Thirasupa | Reuters BEIJING — Time is running out for traditional foreign automakers to adapt to China’s electric car market, signaling to… Continue reading The world’s auto giants will need to partner with Chinese companies to survive in China, analysts say
Hyundai reveals all-electric Ioniq 9 three-row SUV
2026 Hyundai Ioniq 9 EV. Hyundaio Hyundai Motor’s newest all-electric vehicle is the 2026 Ioniq 9 SUV — a three-row, up to seven-passenger SUV for the U.S. market. The new vehicle is Hyundai’s largest EV entry to date, joining the smaller Ioniq 5 and Ioniq 6 all-electric vehicles in the carmaker’s growing fleet. The Ioniq… Continue reading Hyundai reveals all-electric Ioniq 9 three-row SUV
Act now for $7,500 EV tax credit: There’s ‘real risk’ Trump will axe funding in 2025, lawyer says
Maskot | Digitalvision | Getty Images Prospective car buyers considering an electric vehicle may need to act fast to get a Biden-era EV tax credit worth up to $7,500, due to the likelihood that President-elect Donald Trump and Republicans on Capitol Hill will axe those savings in tax negotiations next year, according to auto and… Continue reading Act now for $7,500 EV tax credit: There’s ‘real risk’ Trump will axe funding in 2025, lawyer says