Tag: Ford

Rio Tinto in talks to buy Glencore to form world’s biggest miner

Rio Tinto and Glencore restarted deal talks at the end of 2025, according to a source with knowledge of the matter. Rio Tinto is in early talks for a possible acquisition of Glencore, the companies said late on Thursday, in what could create ⁠the world’s largest mining company with a combined market value of nearly… Continue reading Rio Tinto in talks to buy Glencore to form world’s biggest miner

GM books a $7.1 bn loss as it scales back EV ambitions

In October, GM announced a third-quarter loss of $1.6 billion stemming from its electric vehicle assets. General Motors on Thursday became the latest automaker to announce a big loss from its investments in electric vehicles, as it reckoned with a slump in sales of those cars after Congress and President Donald Trump overhauled federal policy… Continue reading GM books a $7.1 bn loss as it scales back EV ambitions

GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring 

GM Hummer EV production in Detroit. Photo by Jeffrey Sauger for General Motors DETROIT – General Motors said Thursday it will record $7.1 billion in special charges for the fourth quarter of last year related to its pullback in electric vehicles and restructuring efforts in China. The Detroit automaker said in a public filing that… Continue reading GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring 

Used vehicle pricing expected to increase 2% in 2026, a historically stable rate

Ford Mustangs at a used car dealership in Montebello, California, May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — Prices of used vehicles are expected to rise this year but at a historically stable rate, according to auto data and insights firm Cox Automotive. Cox on Thursday forecast that wholesale prices… Continue reading Used vehicle pricing expected to increase 2% in 2026, a historically stable rate

Ford enters race to offer eyes-off driving tech, starting with $30,000 EV in 2028

Jim Farley, president and chief executive officer of Ford, speaks at the Ford Motor Co.’s Kentucky Truck Plant to launch the 2025 Ford Expedition, in Louisville, Kentucky, April 30, 2025. Carolyn Kaster | AP Ford Motor plans to introduce eyes-off driving technology on an upcoming $30,000 all-electric vehicle in 2028, the Detroit automaker announced Wednesday.… Continue reading Ford enters race to offer eyes-off driving tech, starting with $30,000 EV in 2028

Microsoft Alumni Network Strengthens Global Board Leadership

New trustee appointments deepen governance, global perspective, and strategic leadership  REDMOND, Wash., Jan. 8, 2026 /PRNewswire/ — The Microsoft Alumni Network, a member organization representing more than 290,000 former Microsoft employees, today announced a significant global expansion of its board of trustees. The eight strategic appointments reinforce the board’s role in supporting the Executive Director… Continue reading Microsoft Alumni Network Strengthens Global Board Leadership

Adam Clermont Releases New Book – Profit Before People: When Corporations Knew It Was Dangerous and Sold It Anyway

New Book Exposes How Deadly Corporate Decisions Are Made – From Thalidomide and the Ford Pinto to Everclear 190 Proof Grain Alcohol and “Forever Chemicals” CENTRAL, Hong Kong, Jan. 8, 2026 /PRNewswire/ — Profit Before People is a meticulously documented examination of what happens inside organizations when they discover a product is dangerous—and keep selling… Continue reading Adam Clermont Releases New Book – Profit Before People: When Corporations Knew It Was Dangerous and Sold It Anyway