The Trump administration’s tariffs might hurt the car and truck industry more than help, auto industry veteran Jim Press told CNBC.
Tag: Ford
Opel drives clearly behind the competition
Opel has clearly lost ground on the German car market in the first half of the year. At the same time, more cars have been registered under the line than a year ago, as figures from the Kraftfahrt-Bundesamt show. For example, market leaders VW and competitor Ford have significantly increased their sales. After all, Opel… Continue reading Opel drives clearly behind the competition
Goldman reiterates sell on Tesla and expects Model 3 deliveries to miss estimates
Tesla still isn’t profitable 8 years after its IPO. But, it hasn’t been alone.
Since it went public eight years ago, Tesla’s share price has risen nearly 2,000 percent.
Ford Unit Teams With Startup Developing ‘Waze’ for Self-Driving Cars
LISTEN TO ARTICLE SHARE THIS ARTICLE A slew of companies have sprung up to make the smarts, sensors and other integral systems for self-driving cars. Here comes one to tell these cars where to go. Startup RideOS said Friday that it has raised $9 million led by venture firm Sequoia Capital and reached a partnership with a division… Continue reading Ford Unit Teams With Startup Developing ‘Waze’ for Self-Driving Cars
VW invests one billion in India
Monday, 07/02/2018 18:35 clock Volkswagen wants to put a billion euros into an offensive on the Indian car market. The goal is a market share of five percent by 2025, said the Czech subsidiary Skoda With. The Wolfsburg car manufacturer had given Skoda the responsibility for the Indian market. While Skoda increased sales there by… Continue reading VW invests one billion in India
Poli trauma
F If politics makes decisions, it has to expect the economy to react. The American president Donald Trump pulls fences around the United States, then wondering about Harley-Davidson. The American dream on two wheels wants to build its motorcycles destined for Europe in the future outside of North America, because even the hard-boiled clientele can… Continue reading Poli trauma
Trading dispute and profit warnings weigh on exchanges
A worried about high tariffs and declining corporate profits, the stock markets went down on Monday. Of the Dax fell 2.5 percent to 12,270 points, the Eurostoxx50 lost two percent to 3369 points. In New York, the Dow Jones and the S & P 500 were each about one and a half percent lower at… Continue reading Trading dispute and profit warnings weigh on exchanges
General Motors warns Trump against import duties cars
D he largest American auto company General Motors (GM) has president Donald Trump warned of higher import duties on vehicles from abroad. Should the government increase the barriers to trade for automakers, it would create risks that could hurt competitiveness in the United States and lead to job losses. the group said on Friday ,… Continue reading General Motors warns Trump against import duties
cars
Ford's chief lobbyist to depart for SoftBank
Ford Motor Co.’s Group Vice President of Government and Community Relations Ziad Ojakli is leaving the company in July. He will join SoftBank Group Corp. as its senior vice president and global government affairs officers. (Photo: Ford Motor Co.) Ford Motor Co.’s top lobbyist is heading to SoftBank Group, the Japanese technology conglomerate said Friday. Ziad… Continue reading Ford's chief lobbyist to depart for SoftBank