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Ford CEO says Trump’s tariffs are causing ‘chaos’ in auto industry

Ford CEO says Trump’s tariffs are causing ‘chaos’ in auto industry

Business News

Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT — President Donald Trump’s tariffs, both implemented and just threatened, are causing “chaos” for the U.S. automotive industry, according to Ford Motor CEO Jim Farley. The chief executive of […]

Ford CEO says Trump’s tariffs are causing ‘chaos’ in auto industry Read More »

A million Bugatti and Michael Jordan’s BMW brought car auction company a record year

A $4 million Bugatti and Michael Jordan’s BMW brought car auction company a record year

Business News

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Bring a Trailer, the online classic car marketplace, sold a record $1.5 billion worth of cars last year despite

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How a CEO’s exit and a Jeep ‘comeback’ led to Stellantis being the only automaker to advertise during Super Bowl 59

How a CEO’s exit and a Jeep ‘comeback’ led to Stellantis being the only automaker to advertise during Super Bowl 59

Business News

Actor Harrison Ford touts Jeep and Americana while taking a dig at another Detroit automaker during Stellantis Stellantis DETROIT — A CEO’s exit, electric vehicles making the industry run around like “headless chickens” and a company’s U.S. revival all came together to make Ram and Jeep parent Stellantis the only automaker with a Super Bowl

How a CEO’s exit and a Jeep ‘comeback’ led to Stellantis being the only automaker to advertise during Super Bowl 59 Read More »

Ford CEO calls for ‘comprehensive’ tariff analysis for all countries

Ford CEO calls for ‘comprehensive’ tariff analysis for all countries

Business News

Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters DETROIT — Ford Motor CEO Jim Farley on Wednesday said

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Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts

Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts

Business News

2024 Lincoln Nautilus  Ford DETROIT — President Donald Trump’s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for consumers. The U.S. in recent years has imported roughly $15.4 billion

Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts Read More »

Uber beats fourth-quarter revenue expectations but offers soft guidance

Uber beats fourth-quarter revenue expectations but offers soft guidance

Finance News

Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Uber shares fell around 7% in premarket trading Wednesday after the ride-sharing company reported fourth-quarter results that beat analysts’ expectations for revenue but offered soft guidance. Here’s how the company

Uber beats fourth-quarter revenue expectations but offers soft guidance Read More »

All 67 victims in D.C. plane collision recovered, officials say

All 67 victims in D.C. plane collision recovered, officials say

Business News

Family members visit the crash site on the banks of the Potomac River, where American Airlines flight 5342 collided with a US Army military helicopter, at Ronald Reagan Washington National Airport in Arlington, Virginia, on February 2, 2025.  Tasos Katopodis | Getty Images News | Getty Images All 67 victims in last week’s deadly collision

All 67 victims in D.C. plane collision recovered, officials say Read More »

Boeing’s Starliner losses top billion after spacecraft program reports worst year yet

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet

Business News

Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024, while docked with the International Space Station during the crew flight test. NASA Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet Read More »

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