Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion

Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — As President Donald Trump‘s 25% tariffs on imported vehicles remain in effect despite a pullback this week… Continue reading Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion

Prada to acquire Versace, CarMax reports mixed Q4 results: Morning Buzz

The major averages were sharply lower near noon, curtailing some of yesterday’s sharp gains after President Donald Trump announced a 90-day pause on some of his “reciprocal” tariffs, despite announcing an increase on the cumulative tariff rate on Chinese imports. Despite the temporary relief from the tariff suspension, market sentiment remains cautious. Looking to commodities,… Continue reading Prada to acquire Versace, CarMax reports mixed Q4 results: Morning Buzz

Trump’s 25% auto tariffs could cost US automakers $108 billion, study finds

For imported vehicles, the study found the average tariff cost per vehicle to be $8,722 for the overall industry and $8,641 for the Detroit Three. A new analysis by the Center for Automotive Research has found that President Donald Trump’s 25% auto tariffs imposed in early April will increase costs by about $108 billion for… Continue reading Trump’s 25% auto tariffs could cost US automakers $108 billion, study finds

Ford Puma Gen-E

Of course, we can wax lyrical about Ford being a dab hand with damper rates, but the Puma Gen-E will live or die by its purchase costs – especially its monthly PCP and lease rates. List prices starting from under £30,000 for the Puma Gen-E Select are a strong start of it; although the keyless entry,… Continue reading Ford Puma Gen-E

New GM, Porsche and Honda EVs boost US sales: Here’s a look at the top sellers in Q1

With new models rolling out from General Motors, Porsche, Honda, and several others, US EV sales increased by over 10% in the first three months of 2025. Nearly 300,000 EVs were sold in the first quarter of 2025. These were the top-selling models. New EVs drive US sales growth in Q1 2025 Electric vehicle sales… Continue reading New GM, Porsche and Honda EVs boost US sales: Here’s a look at the top sellers in Q1

Tesla’s US sales are worse than what is reported, here’s more accurate data

Tesla’s electric vehicle sales in the US are worse than what the media is reporting right now. That’s partly because Tesla is hiding its sales. Here’s more accurate data. Today, you might see many headlines about Tesla’s US sales based on Cox Automotive’s Q1 2025 US electric vehicle sales report. The main problem with this… Continue reading Tesla’s US sales are worse than what is reported, here’s more accurate data

Electric Vehicles Today – Repurposing EV Batteries for Sustainable Energy Solutions

The recent report on the Second-life EV Batteries Market highlights the growing potential for repurposing used electric vehicle batteries for secondary applications. This market is gaining momentum due to the increasing volume of retired EV batteries and a rising demand for sustainable, cost-effective energy storage solutions. Comprehensive analyses explore the opportunities and challenges associated with… Continue reading Electric Vehicles Today – Repurposing EV Batteries for Sustainable Energy Solutions

International Food Solutions Acquires Food With Care to Serve Growing Senior Market

Acquisition positions IFS to meet rising demand for home-delivered, culturally relevant meals for aging and diverse communities. ORLANDO, Fla., April 11, 2025 /PRNewswire/ — International Food Solutions, Inc. (IFS), a national leader in culturally inspired, ready-to-serve meals, today announced the acquisition of Food With Care, a trusted Florida-based provider of home-delivered meals for seniors. The… Continue reading International Food Solutions Acquires Food With Care to Serve Growing Senior Market