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Search Result for “carmaker”

Showing 1 - 10 of 124

BUSINESS

Musk merges his AI business into SpaceX

AFP, Published on 03/02/2026

» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.

WORLD

Trump to meet Japan PM as hopes grow for China deal

AFP, Published on 28/10/2025

» TOKYO - US President Donald Trump is set to meet Japan's Prime Minister Sanae Takaichi on Tuesday, sitting down with the newly elected conservative leader ahead of high-stakes trade talks with China on a tour of Asia.

BUSINESS

Luxury carmaker Lotus to slash UK jobs amid US tariffs

AFP, Published on 29/08/2025

» LONDON — Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty caused by US President Donald Trump's tariffs.

BUSINESS

French Tesla customers sue over brand becoming 'extreme right'

AFP, Published on 11/06/2025

» PARIS — Around 10 French clients with leases on Teslas are suing the US carmaker, run by Elon Musk, because they consider the vehicles to be "extreme-right" symbols, the law firm representing them said on Wednesday.

BUSINESS

Ford sees $1.5 billion tariff hit this year, suspends 2025 forecast

AFP, Published on 06/05/2025

» NEW YORK — Ford reported a 65% drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty.

BUSINESS

Trump goads China after Beijing retaliates in global trade war

AFP, Published on 05/04/2025

» WASHINGTON — United States President Donald Trump goaded a "panicked" China on Friday after the chief US economic rival retaliated against his tariffs and he dismissed stock market panic over the growing global trade war, touting the chance to "get rich."

WORLD

Trump's auto tariffs spark global outcry as price hikes loom

AFP, Published on 28/03/2025

» WASHINGTON - World powers on Thursday blasted US President Donald Trump's steep tariffs on imported vehicles and parts, vowing retaliation as trade tensions intensify and price hikes appear on the horizon.

WORLD

Stock markets plunge on US recession fears

AFP, Published on 11/03/2025

» NEW YORK - Global markets slumped Monday, with Wall Street logging sharp losses over fears that US President Donald Trump's trade policies could tip the world's biggest economy into a recession.

BUSINESS

Tesla owners sour on Musk's venture into US politics

AFP, Published on 27/02/2025

» WASHINGTON — Tom Blackburn was so proud of his Tesla, he even bought one in bright red to stand out. But with company CEO Elon Musk's foray into US politics, he's sworn never to buy from the electric carmaker again.

BUSINESS

German economy shrinks again amid political crisis

AFP, Published on 15/01/2025

» FRANKFURT - Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis.