President Donald Trump defended his administration's tariffs, claiming they have generated hundreds of billions of dollars for the US and revitalized industries like auto and chip manufacturing. New tariffs of 10% to 12.5% on imports from 60 countries will take effect as a temporary global tariff expires. Trump highlighted that tariffs have encouraged companies like Toyota to build plants in the US, boosting domestic production and jobs. He also noted the tariffs' geopolitical impact, suggesting they helped prevent conflicts. The administration plans to pursue independent trade deals rather than extend USMCA.
Cars.com released its 2026 Best Cars for Car Seats report after testing 56 vehicles for car seat fit and ease of installation. Only the 2025 Mercedes-Benz GLS580 and 2026 Volkswagen Tiguan earned straight A's across all car seat categories, with 10 o...
The US Senate Commerce Committee advanced legislation that would ban the sale of connected vehicles in the US by companies with more than 15% Chinese ownership, potentially affecting Mercedes-Benz, which has nearly 20% Chinese investor stakes. The bi...
Jefferies has upgraded Ford and General Motors to 'Buy' ratings, citing improving earnings prospects, stronger free cash flow, and progress on operational challenges. Ford's price target was raised to $17.50 ahead of its Q2 earnings, with expectation...
Jefferies upgraded General Motors (GM) stock to Buy with a $99 price target, signaling nearly 20% upside from its current price of $82.64. GM raised its 2026 adjusted EBIT forecast to $14-$16 billion and adjusted EPS to $12-$14, driven by strong Nort...
Jefferies upgraded Ford Motor Company to 'Buy' with a $17.50 price target, suggesting a 22% gain from its current price of $14.35. Ford's attractive 4.24% dividend yield outperforms the S&P 500 average and rivals like General Motors. The company’s st...
