Ford Foundation Promotes Margaret Mliwa to Regional Director for East Africa

NAIROBI, Kenya, May 8, 2025 /PRNewswire/ — The Ford Foundation today announced the appointment of Margaret Mliwa as the next regional director of its East Africa office. Based in Nairobi, the Ford Foundation’s East Africa office is a nonpolitical organization committed to advancing social justice, equity, and the public good across Kenya, Tanzania, and Uganda… Continue reading Ford Foundation Promotes Margaret Mliwa to Regional Director for East Africa

The C.E.O. of Detroit Axle Gave Trump’s Tariffs a Chance. Now He’s Nervous.

Mike Musheinesh gets about 75 percent of the auto parts his company sells from China. But even with plenty to lose in a trade war, Mr. Musheinesh gave President Trump the benefit of the doubt when he started increasing tariffs on the company’s most important trading partner. The president “needs to shake it up, and… Continue reading The C.E.O. of Detroit Axle Gave Trump’s Tariffs a Chance. Now He’s Nervous.

Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs

A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — A closely watched barometer for used vehicle pricing jumped last month to its highest level since October 2023 as consumers rushed purchases amid fears of price hikes due… Continue reading Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs

German FAZ: Ford calculates with billions of billions by Trump’s Zölle009318

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 Zölle009318

Construction now underway on 765 MW of new battery energy storage systems across Georgia

Georgia Power advancing projects in Bibb, Lowndes, Floyd and Cherokee counties to enhance reliability, resiliency for a growing state ATLANTA, May 7, 2025 /PRNewswire/ — Georgia Power announced today that construction is underway on 765-megawatts (MW) of new battery energy storage systems (BESS) strategically located across Georgia in Bibb, Lowndes, Floyd and Cherokee counties. The… Continue reading Construction now underway on 765 MW of new battery energy storage systems across Georgia

Q1 2025 Lear Corp Earnings Call

Jason Cardew Thanks, Ray. Slide 10 shows vehicle production and key exchange rates for the first quarter.Global production increased 1% compared to the same period last year, slightly better than expected due to higher production in all regions, but still down 5% on a sales weighted basis, driven by lower year over year production in… Continue reading Q1 2025 Lear Corp Earnings Call

This Week In Electric Vehicles – EVDANCE Unveils Advanced Smart Charger For Home Use

EVDANCE has introduced the FLUX 40A Smart EV Charger, aiming to enhance home charging with advanced features. This next-gen charger offers faster Level 2 charging capabilities, improved safety measures, and intelligent app integration, allowing users to remotely control and schedule their charging sessions. The device is designed with military-grade safety features and has an IP66… Continue reading This Week In Electric Vehicles – EVDANCE Unveils Advanced Smart Charger For Home Use

Tesla troubles: European business is getting worse as sales slump in April

Tesla’s (TSLA) troubles in Europe are going from bad to worse. The latest data out of the UK found Tesla registrations (a proxy for sales) hit only 512 new vehicles in April, per the Society of Motor Manufacturers and Traders auto trade group. That figure is down 62% from a year earlier; meanwhile, Chinese EV… Continue reading Tesla troubles: European business is getting worse as sales slump in April

German Manager Magazin: BMW: China weakness lets profit collapsed in the first quarter004177

BMW started with a drop in profits into the year. The bottom line is that the group made 2.2 billion euros in the first quarter. That was 26.4 percent less than in the same period last year. Especially a weak one China-S business spoiled the balance sheet, and the US tariffs are also likely to… Continue reading German Manager Magazin: BMW: China weakness lets profit collapsed in the first quarter004177

Automotive Camera Market worth $15.34 billion by 2032 | MarketsandMarkets

DELRAY BEACH, Fla., May 7, 2025 /PRNewswire/ — The global automotive camera market size is projected to grow from USD 8.40 billion in 2025 to USD 15.34 billion by 2032, at a CAGR of 9.0%, according to a new report by MarketsandMarkets. The global automotive camera market is witnessing rapid growth, fueled by rising demand for… Continue reading Automotive Camera Market worth $15.34 billion by 2032 | MarketsandMarkets