For years, large American companies announced that they would champion DEI ( Diversity, Equity, and Inclusion) plans to treat groups that had been underrepresented or discriminated against because of their identity or handicaps.
There is a drumbeat among the media and auto industry executives. If the Trump Administration eliminated the EV tax credit, often $7,500, the industry would face a major setback.
Targets requiring carmakers to make up a proportion of sales annually with electric vehicles (EVs) have come under review in the UK. Manufacturers will have eight weeks to submit views on the zero emission vehicle mandate under a consultation, transport secretary Heidi Alexander announced.
The auto sector is in focus today, as companies big and small wrestle with Honda Motor (HMC) and Nissan Motor moving forward with merger talks, with plans to reach a conclusion in June of 2025 and potentially form the third largest automaker in the world.
There's growing concern that a 25% potential tariff on Canadian imports to the U.S. could be an existential threat to the country's recovering automotive industry. President-elect Donald Trump has said he will impose additional 10% tariff on goods from China and a 25% levy for Canada and Mexico.
Ford Motor Co is donating $1 million and a fleet of vehicles to U.S. President-elect Donald Trump's January inauguration, a company spokesperson said on Monday.
As a longtime supporter and shareholder of Ford Motor Company (F 1.44%), I have heard my share of comments, both positive and negative, about the company. One old acronym that has been associated with the company in the past -- "Found On Roadside Dead" -- is hitting a little close to home these days.
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