Tag: Ford

Amazon founder Jeff Bezos is funding a ‘secret’ EV startup that has hired employees from Ford, General Motors and Harley-Davidson

Jeff Bezos Amazon founder Jeff Bezos has been identified as a significant backer of Slate Auto, a Michigan-based electric vehicle (EV) startup operating under the radar since its inception in 2022. According to a report by TechCrunch, the company is developing a budget-friendly two-seat electric pickup truck, projected to cost around $25,000, with the goal… Continue reading Amazon founder Jeff Bezos is funding a ‘secret’ EV startup that has hired employees from Ford, General Motors and Harley-Davidson

BNP Paribas Report Highlights Steady Global Auto Sales Growth in March 2025 Amid Regional Variations

Global automotive sales remained strong in March 2025, with an estimated year-on-year growth of approximately 6%, according to BNP Paribas’ latest India Automotive report. The expansion was largely driven by solid performance in the United States and the United Kingdom, while growth in European Union markets remained subdued. The report highlights that despite the overall… Continue reading BNP Paribas Report Highlights Steady Global Auto Sales Growth in March 2025 Amid Regional Variations

Patriot Insurance Company Names Cross Insurance 2024 Multiline Agency of the Year

Top award presented to agency based on performance across multiple lines of business. BANGOR, Maine, April 11, 2025 /PRNewswire/ — Cross Insurance has been named 2024 Multiline Agency of the Year by Patriot Insurance Company, based in Yarmouth, Maine. This award is presented to the agency partner who showcases the most outstanding performance across multiple… Continue reading Patriot Insurance Company Names Cross Insurance 2024 Multiline Agency of the Year

LINCOLN MEMORIAL EASTER SUNRISE SERVICE IS APRIL 20: A WASHINGTON TRADITION FOR 45 YEARS

Hosted by National Community Church in Washington, DC, the interdenominational Easter Sunrise Service is a longstanding Washington tradition, now in its 45th year. It’s been featured in The Washington Post and named #5 on the Washingtonian’s The Great Washington Bucket List. People from all over come to DC to attend the service, joining crowds of Washingtonians for whom… Continue reading LINCOLN MEMORIAL EASTER SUNRISE SERVICE IS APRIL 20: A WASHINGTON TRADITION FOR 45 YEARS

Tariffs Spur New Vehicle Sales, Declining Inventory

March days’ supply of vehicle inventory ranked by auto brand. Graphic: Cox Automotive As the automotive industry navigates the effects of new tariffs, the supply of new vehicles on dealer lots across the U.S. has fallen, according to the Cox Automotive analysis of vAuto Live Market View data released on April 10.  New-vehicle inventory levels at… Continue reading Tariffs Spur New Vehicle Sales, Declining Inventory

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

Autoworkers Union Chief gives Trump’s tariffs a mixed review

“We’ve seen the attacks on Social Security and Medicare and Medicaid, programs that millions in the working class depending on.” The head of the United Auto Workers union voiced partial support Thursday for the Trump administration’s tariffs, saying targeted duties on other countries could help bring some manufacturing jobs back to the United States. But… Continue reading Autoworkers Union Chief gives Trump’s tariffs a mixed review