Ford Motor on Thursday announced that it would allow car shoppers to buy its 2024-25 vehicles, including gas, electric and hybrid-powered models, at the discounted price the automaker offers to its employees. Called “From America, For America,” the promotion was unveiled on the same day a new 25% U.S. tariff on foreign vehicles took effect. It…
Photo: Michael M. Santiago (Getty Images) Stocks fell Thursday morning after President Donald Trump imposed 25% tariffs on imported autos Wednesday evening and European equities declined. The S&P 500 declined 0.6%, the Nasdaq Composite slid 0.8% and the Dow Jones Industrial Average lost 257 points, or 0.6%. General Motors (GM) stock plunged more than 8%,…
Uptick in Tesla vandalism amid DOGE backlash Elon Musk’s Teslas are being vandalized at a higher rate as he faces backlash for federal cuts and firings. WASHINGTON – Donald Trump liked the shiny red car. “I want the same color,” he said, pointing to a Tesla Model S, before slipping into the driver’s seat. The…
Snow plows rumbled and salt trucks spewed de-icing pellets onto Toronto’s streets, barely visible under two feet of snow. A stocky man brandished a comically small red shovel as he helped dig out a car trapped at an intersection. The helping hand was provided by Doug Ford, the premier of Ontario, Canada’s most populous province…
DEARBORN, Mich. (AP) — A select few are getting the chance to set their gaze on a slew of rarely seen Ford vehicles at the automaker’s Michigan headquarters. About 50 cars and trucks that are part of Ford Motor Co.’s Heritage Fleet are on display in Dearborn. Some employees checked them out Tuesday, and the…
Why is Trump exempting tariffs for some car makers? – CBS News Watch CBS News President Trump is offering an economic reprieve to the Big Three automakers. The White House announced on Wednesday that Ford, General Motors and Stellantis would receive a one-month exemption from his tariffs. CBS News’ Fin Gomez and Kelly O’Grady have…
A truck drives on its way to enter the United States at a border crossing at the Canada-US border in … [+] Blackpool, Quebec, Canada. (Photo by ANDREJ IVANOV / AFP) (Photo by ANDREJ IVANOV/AFP via Getty Images) AFP via Getty Images U.S. automakers were granted a one-month reprieve from a 25% tariff on vehicles…
Want to comment on this story? Become a subscriber today. Click here. New York – The U.S. stock market is holding steadier on Wednesday, for now at least, following the sharp tumble that wiped out the last of the “Trump bump” it received following the presidential election in November. The S&P 500 was basically unchanged…
Doug Ford, the Conservative premier of Canada’s most populous province, Ontario, was re-elected on Thursday following a campaign that focused less on standard domestic issues and more on the question of who would be best equipped to take on U.S. President Trump in a possible trade war. The Canadian Broadcasting Corporation projected his victory 10…
Photo: BING-JHEN HONG (Getty Images) The escalating chip war between the U.S. and China, compounded by a series of retaliatory tariffs, is poised to have far-reaching consequences for the global AI industry. Major AI stocks in the U.S., including Nvidia (NVDA), Super Micro Computer (SMCI), and Advanced Micro Devices (AMD), continued to climb Wednesday. However,…