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Trump’s 25% Tariffs: A Serious Challenge for Canada’s Auto Industry

December 23, 2024
Trump's 25% tariffs an existential threat to Canada's auto industry

The Impact of Proposed Tariffs on the Canadian Automotive Industry: A Wake-up Call As the automotive industry navigates the challenges of recovery, a new storm is brewing over the North American trade landscape. Recent suggestions … Read more

Categories Business News Tags Auto, Canadas, challenge, industry, tariffs, Trumps

2025 U.S. Auto Sales Projected to Reach Highest Levels Since 2019

December 18, 2024
2025 U.S. auto sales expected to be best since 2019

Title: U.S. Vehicle Sales Are on the Rise: What This Means for Buyers and the Industry As we gear up for another year in the automotive sector, new projections reveal that U.S. vehicle sales are … Read more

Categories Business News Tags Auto, Highest, levels, Projected, reach, sales, U.S

Citi Names Take-Two Interactive a Top Pick Ahead of Release of ‘Grand Theft Auto VI’

December 11, 2024
Why a breakout in this software stock may be just beginning, according to the charts

The Next Big Play: Why Take-Two Interactive is a Must-Watch Stock for Investors At Extreme Investor Network, we recognize the value of staying ahead in the fast-paced world of investing, especially in the dynamic sector … Read more

Categories Investing Tags ahead, Auto, Citi, Grand, Interactive, Names, Pick, release, TakeTwo, theft, Top

American Auto CEO Commends China’s Electric Vehicle Market

December 10, 2024
BYD.ChinaEV

The Electric Vehicle Revolution: Why China is Leaving the U.S. Behind The electric vehicle (EV) market has experienced explosive growth in recent years, yet not every player is thriving in this rapid shift. Peter Rawlinson, … Read more

Categories Economy Tags American, Auto, CEO, Chinas, Commends, Electric, Market, Vehicle

Auto Industry Scales Back Following Unmatched Investment in EVs and Self-Driving Technology

November 25, 2024
Auto industry pulls back after unprecedented EV, self-driving spending

The Auto Industry’s Overhaul: From Capital Junkies to Cost-Cutting Strategies As the electric vehicle (EV) revolution accelerates, the automotive industry finds itself at a crossroads. Lucid Motors, a rising start-up, made headlines recently when it … Read more

Categories Business News Tags Auto, EVs, industry, investment, scales, selfdriving, technology, Unmatched

General Motors cuts 1,000 jobs to boost competitiveness in competitive auto market

November 15, 2024
General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market

General Motors Announces Layoffs of 1,000 Workers Worldwide In a recent announcement, General Motors stated that it will be laying off approximately 1,000 workers worldwide in an effort to streamline operations and reduce costs. The … Read more

Categories Finance Tags Auto, Boost, Competitive, competitiveness, cuts, General, Jobs, Market, Motors

Auto stocks drop as Trump’s tariff threats rattle foreign companies like BYD and BMW.

November 6, 2024
Foreign auto stocks BYD, BMW and others slide on Trump tariff fears

As we step into a new era with the incoming administration, the business world is already feeling the effects of potential policy changes. Specifically, foreign automakers are seeing a sharp decline in stock prices amid … Read more

Categories Business News Tags Auto, BMW, BYD, companies, drop, Foreign, rattle, stocks, tariff, threats, Trumps

Insider Perspectives: Auto Industry Professionals Weigh in on Both Candidates and Key Issues

October 29, 2024
Auto insiders on both candidates, top issues

In the ever-evolving landscape of the automotive industry, the 2024 presidential election is poised to have a profound impact on the sector, especially in the key swing state of Michigan. With 1.1 million automotive jobs … Read more

Categories Business News Tags Auto, Candidates, industry, Insider, issues, key, perspectives, professionals, weigh

Who benefits from Trump’s proposal to make auto loan interest tax-deductible?

October 14, 2024
Trump wants to make auto loan interest tax-deductible: Here's who benefits

Are you a car owner looking for a tax break that could potentially save you money on your auto loan interest payments? Former President Donald Trump recently proposed a new tax deduction specifically for car … Read more

Categories Personal Finance Tags Auto, benefits, Interest, loan, Proposal, taxdeductible, Trumps

Stellantis U.S. Auto Sales Continue to Plummet in Third Quarter

October 2, 2024
Stellantis U.S. auto sales extend freefall in third quarter

Stellantis Reports Decline in U.S. Vehicle Sales Despite CEO’s Efforts Stellantis, the Transatlantic carmaker, reported a significant decline in U.S. vehicle sales during the third quarter of 2024, despite CEO Carlos Tavares’ efforts to address … Read more

Categories Business News Tags Auto, Continue, Plummet, quarter, sales, Stellantis, U.S
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