News on this topic
Profile picture of The Wall Street Journal
Ford’s $1 Billion Inflation Expense Helps Explain Why Car Prices Are Going Up: Supply chain woes, parts shortages and inflation is making it costlier for auto ...
wsj.com/video/series/george-downs/fords-1-billion-inflation-expense-helps-explain-why-car-prices-are-going-up/8473FFF0-7323-4AA6-91E9-7FA978D4183F
Ford’s $1 Billion Inflation Expense Helps Explain Why Car Prices Are Going ...
More articles on this subject
Profile picture of The Wall Street Journal
Ford’s $1 Billion Inflation Expense Helps Explain Why Car Prices Are Going Up: Supply chain woes, parts shortages and inflation is making it costlier for auto ...
wsj.com/video/series/george-downs/fords-1-billion-inflation-expense-helps-explain-why-car-prices-are-going-up/8473FFF0-7323-4AA6-91E9-7FA978D4183F
Ford’s $1 Billion Inflation Expense Helps Explain Why Car Prices Are Going ...
Profile picture of Investor's Business Daily
GM And Ford Just Beat Tesla At Its Own Game: Some investors think General Motors and Ford might be better off dead. But the S&P 500 automakers are still beating ...
investors.com/etfs-and-funds/sectors/sp500-gm-and-ford-beat-tesla-at-its-own-game/
GM And Ford Just Beat Tesla At Its Own Game
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
  • Tesla lowers prices in Germany to increase inventory and sales.

  • Elon Musk addresses price complaints and emphasizes the need for flexible pricing.

  • Buyers of Tesla vehicles during expensive phases may face depreciation.

  • Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Profile picture of Nikkei Asia
Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...
asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market
Toyota teams up with Tencent for drive into China's EV market
Quick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market
  • Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.

  • Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.

  • Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.

  • Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.
Profile picture of Chicago Tribune
Chicago Bears sign assistant GM Ian Cunningham to a contract extension: Ian Cunningham, who was was hired by Chicago Bears GM Ryan Poles in January 2022 ...
chicagotribune.com/2024/04/24/chicago-bears-ian-cunningham-contract-extension/
Chicago Bears sign assistant GM Ian Cunningham to a contract extension
Profile picture of The Detroit News
GM trucks drive Q1 profitability as EVs begin to gain traction: GM positive now that contract talks with the United Auto Workers are over, and its ability to ...
detroitnews.com/story/business/autos/general-motors/2024/04/23/gm-trucks-drive-q1-profitability-as-evs-begin-to-gain-traction/73425637007/
GM trucks drive Q1 profitability as EVs begin to gain traction
Profile picture of The Atlantic
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The 3.5 Percent Inflation Plateau
Profile picture of Bloomberg
Toyota to Build Another All-Electric SUV in US by Investing in Indiana Plant: Toyota Motor Corp. is moving ahead with plans to manufacture and sell more electric ...
bloomberg.com/news/articles/2024-04-25/toyota-to-build-another-all-electric-suv-in-the-us
Toyota to Build Another All-Electric SUV in US by Investing in Indiana ...
Profile picture of Electrek
You can power your home for 21 days with a Chevy Silverado EV and GM’s new bidirectional charger
electrek.co/2024/04/18/you-can-power-your-home-for-21-days-with-a-chevy-silverado-ev-and-gms-new-bidirectional-charger/
You can power your home for 21 days with a Chevy Silverado EV and GM’s new ...
Profile picture of Newsroom (website)
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
West is best? How we stack up against Australia
Profile picture of Quartz
Honda and Toyota are investing billions to build more EVs in North America: The Japanese automakers aim to capitalize on interest in cleaner cars
qz.com/toyota-honda-evs-manufacturing-us-canada-north-america-1851435651
Honda and Toyota are investing billions to build more EVs in North America
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
  • Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.

  • Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.

  • The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.

  • Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
Profile picture of Kiplinger
GM Stock Accelerates After Earnings. Here's Why: General Motors beat expectations for the first quarter and raised its outlook for the year ...
kiplinger.com/investing/stocks/gm-stock-accelerates-after-earnings-heres-why
GM Stock Accelerates After Earnings. Here's Why
Profile picture of San Francisco Chronicle
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
SF sales down 28% from 2019. What sectors and areas were hit hardest?
Profile picture of Reuters
GM and Ford count on gas-powered trucks as EV growth slows: U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter ...
reuters.com/business/autos-transportation/gm-ford-count-gas-powered-trucks-ev-growth-slows-2024-04-19/
GM and Ford count on gas-powered trucks as EV growth slows
Profile picture of T-Online
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Cash: Germans' assets at record value - Daily money is also popular
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
  • German private individuals hold a net wealth of 7716 billion euros.

  • Stocks and investment funds saw significant gains in the last quarter.

  • Cash and bank deposits remain the largest component of wealth.

  • Household net wealth increases by 244 billion euros to 5560 billion euros.
Profile picture of Die Presse
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Eurozone economy grows surprisingly strongly
Profile picture of CBS Sports
Falcons GM explains shocking selection of Michael Penix Jr. that left Kirk Cousins 'disappointed'
cbssports.com/nfl/news/falcons-gm-explains-shocking-selection-of-michael-penix-jr-that-left-kirk-cousins-disappointed/
Falcons GM explains shocking selection of Michael Penix Jr ...
Quick Glance: Falcons Surprise by Drafting QB Michael Penix Jr.
  • The Atlanta Falcons made waves at the NFL draft by selecting Washington quarterback Michael Penix Jr. with the eighth overall pick, shocking many.

  • Despite recently signing Kirk Cousins to a lucrative deal, the Falcons opted for Penix, highlighting their long-term vision for the team.

  • Penix expressed readiness to learn from Cousins, while the Falcons firmly believe he could be their future franchise player.

  • Amid past controversial picks, the Falcons stand by their decision, aiming to follow successful team models by grooming Penix as the successor to Cousins.
Profile picture of Bloomberg
GM Raises Profit Guidance as Truck Sales Overshadow China Slump: General Motors Co. expects better profit this year after a strong first quarter ...
bloomberg.com/news/articles/2024-04-23/gm-raises-profit-guidance-as-truck-sales-overshadow-china-slump
GM Raises Profit Guidance as Truck Sales Overshadow China Slump
Profile picture of News.com.au
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
RBA to ‘increase interest rates three times’
Profile picture of CNN.com
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Fears about stagflation are mounting in the US. It’s every central ...
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Profile picture of Bloomberg
General Motors (GM) Ends OnStar Smart Driver Program After Privacy Complaints: General Motors Co. has ended its OnStar Smart Driver program after customers ...
bloomberg.com/news/articles/2024-04-24/gm-ends-onstar-driver-safety-program-after-privacy-complaints
General Motors (GM) Ends OnStar Smart Driver Program After Privacy ...
Profile picture of Detroit Free Press
RenCen isn’t an architectural jewel. Tear it down. | Letters to the Editor: General Motors is moving out of Detroit's RenCen. Freep readers share thoughts on ...
freep.com/story/opinion/readers/2024/04/18/gm-rencen-renaissance-center-detroit-waterfront-repurpose-demolition/73356433007/
RenCen isn’t an architectural jewel. Tear it down. | Letters to the Editor
Profile picture of Bloomberg
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone: Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp. ...
bloomberg.com/news/articles/2024-04-23/tesla-s-939-billion-valuation-lead-over-toyota-is-almost-gone
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone
Profile picture of hna.de
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Big pension increase in the summer but was that it?
Profile picture of The Sydney Morning Herald
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Australians flattened by biggest tax increase in world
Profile picture of Detroit Free Press
GM will relocate headquarters from RenCen to Detroit's new Hudson's building: GM CEO Mary Barra and Rocket Companies CEO Dan Gilbert announced that GM will move ...
freep.com/story/money/cars/general-motors/2024/04/15/gm-headquarters-rencen-detroit-hudsons-tower/73328040007/
GM will relocate headquarters from RenCen to Detroit's new Hudson's ...
Profile picture of Die Presse
Toyota sells more than ten million vehicles for the first time: Sales of e-cars almost tripled in the past financial year to 116,654. However ...
diepresse.com/18403111/toyota-verkauft-erstmals-mehr-als-zehn-millionen-fahrzeuge
Toyota sells more than ten million vehicles for the first time
Profile picture of The Hill (newspaper)
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Mortgage rates top 7 percent for first time in 2024
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
  • US mortgage rates have surged above 7%, increasing costs for homebuyers.

  • The rise in mortgage rates impacts monthly costs, limiting purchasing power.

  • Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.

  • Experts anticipate a moderate easing of mortgage rates later in the year.
Profile picture of Electrek
GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share
electrek.co/2024/04/23/gm-hopes-35k-chevy-equinox-ev-win-back-market-share/
GM hopes new EVs like the $35K electric Chevy Equinox will help win back ...
Profile picture of Reuters
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Investors brace for 5% Treasury yields as US inflation worries mount
Profile picture of Reuters
Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
reuters.com/breakingviews/beijing-powers-up-into-car-wars-battleground-2024-04-24/
Beijing powers up into car wars battleground
Profile picture of The Drive
Initial D Toyota AE86 and Mazda RX-7 PC Mice Are for Desktop Drifting: These classic car-inspired mice are modeled after the iconic Toyota AE86 and Mazda RX-7 ...
thedrive.com/news/these-initial-d-toyota-ae86-and-mazda-rx-7-computer-mice-are-for-desktop-drifting
Initial D Toyota AE86 and Mazda RX-7 PC Mice Are for Desktop Drifting
Profile picture of hna.de
Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html
Financial assets of private households at a record high
Profile picture of The Sydney Morning Herald
Profile picture of Insider (news website)
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Stock market today: Dow drops 375 points after weak GDP data
Profile picture of Nikkei Asia
Toyota's 'Lunar Cruiser' to join NASA-led moon mission: TOKYO -- A vehicle known as the "Lunar Cruiser" that is being developed by companies including ...
asia.nikkei.com/Business/Aerospace-Defense-Industries/Toyota-s-Lunar-Cruiser-to-join-NASA-led-moon-mission
Toyota's 'Lunar Cruiser' to join NASA-led moon mission
Profile picture of Barron's
Volkswagen Workers Vote ‘Yes’ to a Union. What That Means for GM and Ford.: Volkswagen employees in Tennessee agree to be represented by the United Auto Workers.
barrons.com/articles/volkswagen-union-vote-172e3498
Volkswagen Workers Vote ‘Yes’ to a Union. What That Means for GM and Ford.
Profile picture of N-tv
By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...
n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html
By almost 20 percent: gas prices in Germany are rising again
Profile picture of Axios (website)
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
What's behind the unstoppable American consumer
Profile picture of Axios (website)
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Biden's new take on inflation: Trump would be worse
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
  • The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.

  • March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.

  • Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.

  • Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Profile picture of The Hill (newspaper)
Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Could interest rate hikes be keeping inflation high?
Profile picture of Taiwan News
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
Profile picture of Reuters
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
Escalating Middle East tensions a fresh jolt to world markets
Profile picture of The Hill (newspaper)
Biden needs to face facts: He’s still losing to Trump  : For President Biden and the Democrats, thing are looking ugly in November.
thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/
Biden needs to face facts: He’s still losing to Trump  
Profile picture of The Sydney Morning Herald
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
If the Reserve Bank were a football coach, it would have been sacked eons ...