These concessions are designed to boost imports and exports without impacting local manufacturers. American giants Harley Davidson, Jeep and Tesla are the likely big winners of the trade deal with govt offering concessions, without upsetting domestic industry. For Harley Davidson, US President Donald Trump has managed concessions which his predecessors couldn’t manage by getting zero… Continue reading Lower duties may add speed to Harley, Jeep & Tesla for India ride
Tag: Ford
RADO DEBUTS AS OFFICIAL TIMEKEEPER FOR THE NEXO DALLAS OPEN
LENGNAU, Switzerland, Feb. 7, 2026 /PRNewswire/ — Rado is confirmed as the official timekeeper for the 2026 Nexo Dallas Open, as the tennis tournament celebrates its second outing on the ATP 500 tour. Taking place from February 7-15, 2026, this year’s competition will cement the event’s elevated status within the international tennis community. Having previously been an… Continue reading RADO DEBUTS AS OFFICIAL TIMEKEEPER FOR THE NEXO DALLAS OPEN
Wells to ramp up production of 850kg Vertige sports car
Warwickshire-based Wells Motor Cars is due to ramp up production of the Vertige – its 850kg mid-engined coupé – to around 12 cars this year, before doubling that figure in 2027. The Vertige made its debut at the 2021 Goodwood Festival of Speed, having been conceived as founder Robin Wells’ dream sports car. Production of… Continue reading Wells to ramp up production of 850kg Vertige sports car
Global carmakers book $55 billion hit from EV rollback
The largest US automaker by would take a $6 billion charge to unwind some electric-vehicle investments. Global carmakers have booked some $55 billion in writedowns in the past year as they scale back electric vehicle ambitions on a tough US market under President Donald Trump, price wars in China and a more complex mix of… Continue reading Global carmakers book $55 billion hit from EV rollback
How America’s EV retreat is increasing China’s control of global markets
Employees work on the assembly line of new energy vehicles (NEVs) at a workshop of China FAW Group’s Hongqi Fanrong Plant on July 5, 2023 in Changchun, Jilin Province of China. Zhang Yao | China News Service | Getty Images DETROIT — The unraveling of the U.S. electric vehicle push is increasingly raising concerns of… Continue reading How America’s EV retreat is increasing China’s control of global markets
Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge
Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa on Friday said the automaker plans to move forward as one company amid speculation that it would be better off selling brands or splitting up after disappointing results. “Stellantis is a… Continue reading Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge
Stellantis announces $26 billion hit from business overhaul; shares plunge
Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025. Henry Romero | Reuters Shares of automaker Stellantis plunged 27% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26… Continue reading Stellantis announces $26 billion hit from business overhaul; shares plunge
Modest new car growth but EV demand lags expectation
In encouraging news this week, SMMT’s latest figures show the new car market made a promising start to the year, with 3.5% growth in January – the strongest performance for the month since before the pandemic. The latest outlook is also optimistic about the sector’s ongoing recovery, anticipating further growth of 1.4% this year – a modest but welcome improvement on the… Continue reading Modest new car growth but EV demand lags expectation
German FAZ: Stellantis in free fall010539
The Opel parent company Stellantis experienced a pitch-black Friday on the stock market. At times it lost more than a quarter of its value; It fell to its lowest level since the car manufacturers Peugeot-Citroën and Fiat-Chrysler merged with their fourteen brands at the beginning of 2021 to form Europe’s second-largest provider after Volkswagen. Things… Continue reading German FAZ: Stellantis in free fall010539
German FAZ: Stellantis in free fall010540
The Opel parent company Stellantis experienced a pitch-black Friday on the stock market. At times it lost more than a quarter of its value; It fell to its lowest level since the car manufacturers Peugeot-Citroën and Fiat-Chrysler merged with their fourteen brands at the beginning of 2021 to form Europe’s second-largest provider after Volkswagen. Things… Continue reading German FAZ: Stellantis in free fall010540