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.
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?
President Trump's 25% tariffs on imported vehicles are set to reshape the automotive industry, leading to skyrocketing prices, diminished sales, and a significant economic impact. Analysts warn of a long-lasting structural shift in how cars are manufactured and sold.
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.
Google is hinting at integrating smart glasses with Android Auto in its latest beta update. Discover how this could revolutionize navigation and user experience in vehicles!
President Trump's recent 90-day suspension of tariffs might seem like good news, but experts warn consumers will still face significant price hikes on various goods. From electronics to clothing, here's how your wallet will feel the pinch.
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.
Palestinian medical officials have released video evidence contradicting Israel's narrative regarding the deaths of 15 aid workers in Gaza. The footage shows clearly marked rescue vehicles under fire, raising serious questions about military conduct.
In response to President Trump's new 25% tariffs on U.K. auto imports, Jaguar Land Rover has halted shipments to the U.S. The company is now addressing these new trading terms while the U.K. government negotiates a trade deal.
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.
