The automaker has lowered its full-year profit forecast but remains optimistic about offsetting some tariff impacts and maintaining its manufacturing investments.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and investors seem to be forecasting a downturn -
over the past six months, the industry has pulled back by 10%. This drop was worse than the S&P 500’s 1.7% loss.
Trump to sign Take It Down Act targeting deepfake media, while easing tariffs on foreign parts for US vehicles. Apple reports strong earnings and considers shift to India amid China tariff pressures.
Though Musk and Tesla have both denied the WSJ report, the broader EV market could become more competitive and diversified if Tesla loses its market dominance without Musk at the helm.
Volkswagen’s core brand group includes its best-selling passenger car brand, Volkswagen, as well as Skoda, Seat, Cupra, and Volkswagen commercial vehicles.
As the economic repercussions of President Donald Trump's tariff strategy are felt across the country, White House senior advisor Stephen Miller suggested on Thursday that American consumers would happily pay a higher price for toys manufactured domestically.
