Tesla Board Chair Robyn Denholm Made 8 Million Selling Stock as Profit Fell
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Tesla Board Chair Robyn Denholm Made $198 Million Selling Stock as Profit Fell

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In March, after a steep decline in Tesla’s share price, Elon Musk told employees, “Hang on to your stock.” The chair of Tesla’s board, Robyn Denholm, has not heeded his advice. Ms. Denholm has made $198 million in the past six months selling…

Automotive Blockchain Market Projected to Hit .6 Billion by 2030: Report

Automotive Blockchain Market Projected to Hit $5.6 Billion by 2030: Report

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The integration of blockchain technology with the automotive ecosystem is projected to expand significantly over the next five years. A report by Allied Market Research (AMR) has estimated that the global automotive blockchain market is on the track to hit the $5.6 billion…

Toyota Says Tariffs Will Erase .3 Billion in Profits in Just 2 Months
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Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen inflated the value of the company’s earnings. That May, Toyota reported the highest annual profit ever recorded by a Japanese…

Why China Is Investing So Much Money in Moroccan Factories
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Why China Is Investing So Much Money in Moroccan Factories

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines When Xi Jinping, China’s top leader, returned from the Group of 20 summit in Brazil last November, he made a stopover in Casablanca, where he was greeted with dates and milk, the traditional welcome for honored guests, and a meeting with Crown Prince…

Ford Says Tariffs Will Cost Company .5 Billion in 2025
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Ford Says Tariffs Will Cost Company $1.5 Billion in 2025

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes, by about $1.5 billion. The company also dropped its forecast for the year, saying that predicting the future had become too…

Trump’s Tariffs Are Already Straining This Oklahoma Used Car Business
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Trump’s Tariffs Are Already Straining This Oklahoma Used Car Business

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Antonio Austin spotted the car from 100 yards away — red dirt caked onto tinted windows, the front bumper gone, smoke billowing out from under the hood. “Damn, I hate this car,” he said. He had sold the 2012 Dodge Avenger almost a…

Car Prices Expected to Rise as Tariffs on Parts Kick In
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Car Prices Expected to Rise as Tariffs on Parts Kick In

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles as well as for repairs and insurance. The latest tariffs, which President Trump ordered in March as part of his…

Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
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Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs introduced by President Trump had left them struggling to assess the impact and unable to plan for the future. After years of sluggish demand and…

G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
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G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month…

Opinion | Trump Says He Wants to Save the U.S. Auto Industry. His Policies Could Destroy It.
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Opinion | Trump Says He Wants to Save the U.S. Auto Industry. His Policies Could Destroy It.

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump has created what could be called a Luddite trap for the American auto industry: His tariffs aim to protect it from foreign competition, while his domestic policies threaten to cut it off from innovation. Together, they risk leaving U.S. automakers isolated…