President Donald Trump announced a hike in tariffs on European cars to 25%, citing the European Union's failure to comply with the US-EU trade agreement. He stated tariffs would be removed if European manufacturers build their vehicles in US plants, highlighting ongoing investments of over $100 billion in US car manufacturing facilities by various countries. This move underscores growing trade tensions between the US and Europe despite a recent deal that lowered tariffs from 27.5% to 15%. The situation may impact car prices and trade relations going forward.
Micron Technology and Ford Motor Company have signed a long-term Strategic Customer Agreement to ensure a stable supply of high-performance memory and storage solutions for Ford's future vehicles. This deal supports Ford's next-generation vehicle pro...
Micron Technology and Ford Motor Company have entered a long-term Strategic Customer Agreement to ensure a steady supply of memory and storage solutions for Ford's future vehicle production. Micron is expanding its manufacturing capacity, including a...
Ford reported a 10.3% decline in US vehicle sales for Q2 2026, selling 549,200 units compared to 612,095 a year earlier. The drop was driven by a 40.7% fall in electric vehicle sales and an 11% decline in F-Series pickup sales due to supply constrain...
Ford Motor reported a 10.3% decline in U.S. new vehicle sales for the second quarter, selling 549,200 vehicles compared to 612,095 a year earlier. The automaker faced a 40.7% drop in pure electric vehicle sales and an 11% decline in F-Series truck sa...
Ford CEO Jim Farley called for a more balanced USMCA trade deal that rewards automakers producing mostly in the U.S. and penalizes those relying heavily on imports. Ford assembled over 2 million vehicles domestically in 2025, more than any other auto...
