Automakers are worried that President Trump’s tariffs on imported cars and auto parts will soon increase their costs and start eating into profits. But at least one business in the auto industry thinks the tariffs could give it a lift. That company is Carvana, an online retailer of used cars that has gained fame for… Continue reading Carvana, a Used Car Retailer, Thinks Trump’s Tariffs Could be Good for Business
Tag: Ford
Is Slate Auto’s Electric Truck the Answer to Expensive Cars?
When Slate Auto, a start-up, unveiled a roughly $25,000 electric pickup truck last month, social media lit up with comments. Many people saw the no-frills vehicle, with an easy-to-repair body and nostalgic hand crank windows, as a refreshing antidote to today’s overstuffed and increasingly unaffordable cars. How unaffordable? Average monthly payments on new cars have… Continue reading Is Slate Auto’s Electric Truck the Answer to Expensive Cars?
GM unveils new ‘groundbreaking’ EV battery tech, aims to be first to market
General Motors battery technician Steven Petty Jr. focuses on aligning electrodes on an anode sample for a prototype LMR battery cell in the making. Photo by Steve Fecht for General Motors WARREN, Mich. — General Motors expects to pioneer a new “groundbreaking” EV battery technology that the automaker says will reduce costs and boost profitability… Continue reading GM unveils new ‘groundbreaking’ EV battery tech, aims to be first to market
German FAZ: For the first time strike in Cologne Ford-Weren009346
There is a strike for the first time in the almost hundred years old Cologne Ford works. The protest campaign against planned job cuts at the location with 11,500 employees should begin on Wednesday morning and last until the end of the night shift on Thursday morning, as IG Metall announced. The management would like… Continue reading German FAZ: For the first time strike in Cologne Ford-Weren009346
German FAZ: Ford calculates with billions of billions by Trump’s Zölle009345
The US car company Ford expects a billion dollar pollution from President Donald Trump’s import duties. The taxes on vehicles and auto parts introduced to the USA are likely to press the adjusted operational profit this year by around $ 1.5 billion, as Ford announced. With reference to the uncertainty about further development, the group… Continue reading German FAZ: Ford calculates with billions of billions by Trump’s Zölle009345
@Ford: Ford Names Kyle Crockett as Chief Accounting Officer
– Ford Names Kyle Crockett as Chief Accounting Officer DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company today announced the appointment of Kyle Crockett to the role of Chief Accounting Officer (CAO). In that role, he will have responsibility for all aspects of Ford’s accounting function and internal control over financial reporting. Crockett’s appointment will be effective the… Continue reading @Ford: Ford Names Kyle Crockett as Chief Accounting Officer
Volkswagen EVs to get new platform, cheaper batteries from 2026
Volkswagen will start moving all of its electric cars onto an updated platform from next year, ushering in a new type of battery chemistry that promises to reduce costs. The Volkswagen ID 2 supermini, due in 2026, will be the first model to use a lithium-iron-phosphate (LFP) battery that will be cheaper than the nickel-manganese-cobalt… Continue reading Volkswagen EVs to get new platform, cheaper batteries from 2026
Charged: Tesla’s China-made EV sales down in April
Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean energy space, as well as which stocks in these sectors that the best analysts on Wall Street are saying to buy and sell. From the hotly-debated high-flier Tesla (TSLA), Wall Street’s newest darling Rivian… Continue reading Charged: Tesla’s China-made EV sales down in April
GLENCORE TO OFFTAKE 2 MTPA OF LNG FROM COMMONWEALTH LNG’S EXPORT FACILITY IN CAMERON PARISH, LOUISIANA
Strategic partnership includes natural gas supply from Kimmeridge Texas Gas under a netback agreement at international prices Supports Commonwealth’s targeted FID in Q3 2025 and first LNG production in 2029 HOUSTON and NEW YORK, May 13, 2025 /PRNewswire/ — Kimmeridge Texas Gas (“KTG”) and Commonwealth LNG (“Commonwealth”) have finalized binding agreements with Glencore LTD (“Glencore”),… Continue reading GLENCORE TO OFFTAKE 2 MTPA OF LNG FROM COMMONWEALTH LNG’S EXPORT FACILITY IN CAMERON PARISH, LOUISIANA
Acurx Pharmaceuticals, Inc. Reports First Quarter Results and Provides Business Update
STATEN ISLAND, N.Y., May 13, 2025 /PRNewswire/ — Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) (“Acurx” or the “Company”), a late-stage biopharmaceutical company developing a new class of antibiotics for difficult-to-treat bacterial infections, announced today certain financial and operational results for the first quarter ended March 31, 2025. Highlights of the first quarter ended March 31, 2025, or… Continue reading Acurx Pharmaceuticals, Inc. Reports First Quarter Results and Provides Business Update