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Elon Musk to Step Back from DOGE Focus Amid Tesla's Profit Plunge

Elon Musk to Step Back from DOGE Focus Amid Tesla's Profit Plunge

BUSINESS - 4/23/2025

In a surprising move, Elon Musk announced he will reduce his involvement with the U.S. DOGE Service to focus on Tesla, which just reported a staggering 71% profit drop amid rising competition and political backlash.

America Faces Rare Earth Crisis as China Limits Exports

America Faces Rare Earth Crisis as China Limits Exports

BUSINESS - 4/18/2025

China's new export limits on rare earths are sending shockwaves through U.S. industries reliant on these critical minerals. As companies scramble for alternatives, could the U.S. face a severe shortage?

GM Cuts Production of BrightDrop Vans: 500 Jobs Impacted

GM Cuts Production of BrightDrop Vans: 500 Jobs Impacted

BUSINESS - 4/11/2025

General Motors announces a significant reduction in production of its BrightDrop electric delivery vans, impacting 500 jobs and leading to a 20-week idling of the CAMI assembly plant in Canada. This decision reflects a shift in market demand as the automaker struggles to meet revenue expectations for the new subsidiary.

South Korea Unveils Emergency Measures to Combat Trump's Auto Tariffs

South Korea Unveils Emergency Measures to Combat Trump's Auto Tariffs

BUSINESS - 4/9/2025

In response to President Trump's 25% tariffs on imported vehicles, South Korea announces a robust support plan for its auto industry, including financial aid and tax cuts to boost demand.

U.S. Consumers Rush to Buy Big-Ticket Items Ahead of New Tariffs

U.S. Consumers Rush to Buy Big-Ticket Items Ahead of New Tariffs

BUSINESS - 4/5/2025

As new tariffs loom, U.S. consumers are hurrying to purchase high-ticket items like laptops and cars to avoid rising costs. Experts warn of economic implications.

Ford's New Discounts: Unbeatable Deals on American-Made Vehicles!

Ford's New Discounts: Unbeatable Deals on American-Made Vehicles!

BUSINESS - 4/3/2025

Ford is launching its 'From America, For America' campaign, offering employee pricing and free EV chargers. Discover how you can save big on new vehicles and take advantage of these limited-time offers!

Tesla Sales Plummet: Is Elon Musk's Controversial Politics to Blame?

Tesla Sales Plummet: Is Elon Musk's Controversial Politics to Blame?

BUSINESS - 4/2/2025

Tesla's sales have hit a three-year low, with a 13% drop in deliveries. The backlash against Elon Musk's political involvement and competition from BYD are major factors. Tesla faces intense scrutiny as shares tumble.

March Car Sales Soar: Electric Vehicles Drive Double-Digit Gains

March Car Sales Soar: Electric Vehicles Drive Double-Digit Gains

BUSINESS - 4/2/2025

Car sales in the U.S. surged by 13.6% in March, with electric vehicles leading the charge. Automakers like GM and Ford reported significant gains, but looming tariffs could impact future sales.

March Madness Hits Auto Industry as Buyers Rush to Beat Tariffs

March Madness Hits Auto Industry as Buyers Rush to Beat Tariffs

BUSINESS - 4/1/2025

In a surprising twist of March madness, car buyers rushed to dealerships to secure deals before impending auto tariffs. Major manufacturers like Hyundai and Ford reported significant sales increases amidst tariff fears, particularly in electric and hybrid vehicles.

Auto Dealerships Bracing for Price Surge as Trump’s Tariffs Loom

Auto Dealerships Bracing for Price Surge as Trump’s Tariffs Loom

BUSINESS - 3/30/2025

With President Trump's 25% tariffs on imported vehicles set to take effect, auto dealerships brace for a surge in customers looking to avoid skyrocketing prices. Experts warn that costs for new and used cars could rise by thousands, pushing consumers to make hasty decisions.

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