Catenaa, Tuesday, March 18, 2025- The shares of Chinese electric vehicle maker BYD jumped to a record on Tuesday, passing the $162 billion market value, after the company unveiled a line-up of electric vehicles that can charge in five minutes. BYD’s stock climbed as much as 4.36% by 3,30 in the afternoon in Hong Kong, […]
Catenaa, Tuesday, April 01, 2025– US automaker Ford reported a 1.3% drop in US sales in the, the company said on Tuesday, despite a 10% increase in March sales, hit by the discontinuation of some models and the timing of certain rental fleet sales. The automaker’s overall sales fell to 501,291 units in the three […]
Catenaa, Thursday, April 24, 2025-Ford Motor Co. has halted shipments of several major vehicle models to China in response to escalating tariffs, the automaker confirmed Friday. The move affects exports of US-built F-150 Raptors, Mustangs, Bronco SUVs and Lincoln Navigators, which now face tariffs as high as 150%. The pause, first reported by The Wall […]
Catenaa, Thursday, March 27, 2025- US President Donald Trump imposed 25% duties on all cars and light trucks not made in the US and certain auto parts widening the trade war he initiated when he took office in January. “This will continue to spur growth that you’ve never seen before,” Trump said from the White House […]
Catenaa, Tuesday, April 15, 2025- US auto shares fell on Tuesday despite President Trump delaying auto tariffs after Barclays downgraded the sector to “negative”. Barclays on Tuesday downgraded US autos and mobility sector to “negative” from “neutral”, warning that President Donald Trump’s tariffs could pressure automakers’ earnings and curb investments. Following the downgrade, shares of […]
Catenaa, Tuesday, March 04, 2025– US stocks fell in the early hours on Tuesday, after President Donald Trump’s promised tariffs tool effect. The Dow Jones Industrial Average dropped by over 765 points, or 1.77% after 2 hours into the market opening, while the S&P 500 fell 1.75%. The tech-heavy Nasdaq inched down 1.57 The policy taxes […]