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Economy

Act Of War! Canada: Doug Ford Warns Trump He Would Cut Off Energy To U.S. Over Tariffs [Terrorist Tactic To Hold U.S. Economy Hostage]

March 4, 2025

Just in case the link doesn’t work click here: https://www.youtube.com/watch?v=OCwDwZdQJDA Does he really think this is going to hurt Trump? This guy is a moron if he thinks even Anti-Trumpers will support his actions if this comes to pass. Shutting… Continue Reading…

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Business, Cryptocurrencies

“GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’”

February 12, 2025

“General Motors believes it can mitigate up to 50% of potential North American tariffs threatened by President Donald Trump on imports from Canada and Mexico, CEO Mary Barra said Tuesday. That includes GM potentially avoiding short-term impacts of between 30%… Continue Reading…

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Business

“Ford CEO says China operations earned $600 million in 2024”

January 10, 2025

“”Ford Motor’s operations in China earned roughly $600 million last year. Farley said those earnings included the export of vehicles such as the Lincoln Nautilus, which is exclusively produced in China for other markets such as the U.S. China has been… Continue Reading…

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Business

“Which US companies are pulling back on diversity initiatives?” [DEI]

January 8, 2025

“McDonald’s joins a growing list of companies that are pulling back on diversity, equity and inclusion initiatives. Like others before it, the fast-food chain cites a U.S. Supreme Court decision in July 2023 that outlawed affirmative action in college admissions… Walmart The world’s… Continue Reading…

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Business, Stocks

“Why Ford Motor Company Stock Crashed 17% Today” [Updated Fri, Jul 26, 2024]

July 29, 2024

“one of America’s Big Three automakers, collapsed 16.7% through 12:45 p.m. ET Thursday after the company reported a huge earnings miss last night. Analysts had forecast Ford would earn $0.68 per share on $44 billion in Q2 sales. While Ford exceeded… Continue Reading…

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Business

“Ford Could Get 50% More Profit Without EVs”

February 12, 2024

https://www.wsj.com/business/autos/ford-could-get-50-more-profit-without-evs-553ba3c9 The article is behind a paywall so I’ll just make a few comments. EV’s are garbage. Ford should take a hint and listen to it’s customers. They don’t want EV’s. It’s amazing how Ford could make so much more… Continue Reading…

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Business

“Opinion: Evidence EVs are a fading fad is ‘rolling in fast’ as Tesla, GM and Ford slash prices”

January 26, 2024

“…Despite Tesla TSLA, 1.49% Chief Executive Elon Musk’s entrepreneurial brilliance and billions of dollars in U.S. government subsidies to support EVs, it appears that consumers still prefer to drive to a gas station for a five-minute fill-up than to retrofit their garage and… Continue Reading…

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Business

“Ford to scale back plans for $3.5 billion Michigan battery plant as EV demand disappoints, labor costs rise”

November 22, 2023

“Ford Motor is scaling back plans for a $3.5 billion battery plant in Michigan as consumers shift to electric vehicles more slowly than expected, labor costs rise and the company moves to cut costs…” https://www.cnbc.com/2023/11/21/ford-scales-back-ev-battery-plant-in-michigan.html Ford sees the writing on the… Continue Reading…

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Business, Energy

“Ford will postpone about $12 billion in EV investment as buyers become more cautious”

October 27, 2023

“Ford Motor said Thursday that many customers in North America are no longer willing to pay a premium for an electric vehicle over an internal-combustion or hybrid alternative. As a result, it’s postponing about $12 billion in planned spending on new… Continue Reading…

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Business

“Ford Agrees to 25% Wage Hike in Tentative Deal to End UAW Strike”

October 26, 2023

“…Ford agreed to a record 25% hourly wage hike over the life of the contract, which exceeds four years. With cost-of-living allowances, the top wage rate is expected to increase by 33%. The top pay will be over $40 an… Continue Reading…

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