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Elon Musk touts domestic manufacturing prowess amid President Donald Trump's tariffs on auto industry backed by Howard Lutnick.
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Carroll joins Ford from ENGIE North America, where he led one of the largest renewables and storage platforms in the U.S.Drake concludes an accomplished 32-year Ford career spanning leadership positions in engineering,
Read original at benzingaFord is partnering with Chinese automaker Geely to develop a compact crossover SUV using Geely's GEA electric platform for the European market, launching in 2029. This reversal of traditional joint venture dynamics allows Ford to leverage Chinese low-cost manufacturing and EV technology while Geely gains European expansion. Geely-owned Centurion Industries will invest $259 million for a 34% stake in Ford's Valencia facility.
Read original at the-motley-foolTesla ranks first in Gartner's Digital Automaker Index 2026 with a score of 82.7%, maintaining its dominance in AI and software technology. While legacy automakers like GM and Ford continue to fall behind, Tesla faces challenges with aging vehicle inventory and massive capital expenditures for robotaxi and AI ventures. The company's transition into technology-based businesses carries greater uncertainty but demonstrates capability as the automotive industry becomes software-defined.
Read original at the-motley-foolThe 30-year U.S. Treasury bond yield has surged to 5.23%, exceeding dividend yields from Ford and Coca-Cola, driven by elevated inflation, geopolitical tensions, and concerns over the $40 trillion national debt. While Treasury bonds are traditionally considered safe assets, rising yields signal growing investor concerns about government debt sustainability. The author recommends Coca-Cola over the 30-year bond due to its strong brand, earnings growth potential, and 64-year dividend history, but would consider the bond over Ford given Ford's weaker track record.
Read original at the-motley-foolTraders give Nvidia a 98% chance of beating earnings as markets wager on what Jensen Huang will say about hyperscalers, robots and AI.
Read original at benzingaPresident Trump announced tariffs on Canadian vehicles will rise to 50% on January 1, 2027, doubling the current 25% rate. However, GM's stock showed muted reaction as the company has demonstrated resilience in the previous tariff cycle, absorbing $3.1 billion in costs against a $5 billion forecast and offsetting over 40% through pricing and manufacturing adjustments. GM has also reduced its Canadian footprint and raised profit guidance twice in 2026.
Read original at the-motley-fool