• February 25, 2020
  •  

Mexico Deal An Oasis For Car Industry

In the wake of yesterday’s news about the new agreement with Mexico car manufacturer’s stock is on the rise. Not only did American companies GM, Fiat Chrysler, and Ford all see around a 3% increase in stock value. Even Asian companies like Toyota pounced on the opportunity to make deals. Although this is good news […]

Read More

Turkey Hits U.S. Goods With Massive Tariffs

The Turkey-US relationship has reached a new low point! As the Turkish economy continues its downward spiral hitting record lows they are set to retaliate U.S. tariffs. Turkey plans to hit U.S. cars with 120% extra tariffs, effectively dropping all U.S. cars out of market value. It was highly unlikely that anyone in Turkey was […]

Read More

Has Musk Totally Lost It?

Tesla Motors CEO and founder Elon Musk has sparked quite the controversy with his series of tweets in the last couple of weeks. The famous entrepreneur went on social media to express his intentions of making his company private. This had a deep impact on the markets. As he had pledged to buy out stockholders […]

Read More

Trump Amending Obama Era Blunder In Cars

The Trump Administration continues to fulfill its campaign-era promises now seeking to amend many of the wrongs inherited from the Obama days! The administration on Thursday announced plans to freeze fuel economy standards. In simple terms the situation stands as follows: In the Obama plan, with measures set to take effect in 2020, automakers had […]

Read More

Tech Stock on the Rise Cars Struggling

News from the stock market today confirms what we have been seeing since the start of the year, the top tech companies are continuously climbing up. Netflix is the biggest winner so far this year with their stock value rising over 86% in the last 7 months. As of today, 60% of American homes with […]

Read More

Can Canada Be Left Out Of NAFTA?

International trade deals have been the talk of the town on the global stage for some time now. On the local front, the U.S. has been locked in tense negotiations with its neighbors over the North American Free Trade Agreement (NAFTA). President Trump has stated since his campaign days that he intended to negotiate many […]

Read More

Major Setback For Ford

Ford motor company announced a recall today for about 550,00 of its cars sold between 2013 and today. Many versions of its Ford Fusion car since the 2013 edition have been known to develop a problem when put in parking. Apparently, the cars don’t enter the gear correctly. This could cause your car to all […]

Read More

Can American Car Manufacturers Whether The Storm?

The trade war seems to be in full swing these days. With America trading tariffs with many countries who have since retaliated. These tariffs have hit the American auto industry hard in general. Not only are American companies being affected, but mostly Asian manufacturers have been the biggest losers. As they essentially import parts from […]

Read More

Stay up to date with real-time text alerts*

X