Focus on Economy
Ford reports weak US sales for third quarter
Ford reported weaker U.S. vehicle sales growth in Q3, causing shares to drop two per cent, reflecting ongoing buyer affordability concerns.
Tesla misses estimates for Q3 deliveries on stiff competition
Tesla missed third-quarter delivery expectations, reporting 462,890 vehicles, amid rising competition from China and Europe.
EU support is enough to impose Chinese EV tariffs, sources say
The EU is set to vote on Friday for tariffs up to 45 per cent on Chinese-made EVs, likely increasing trade tensions with...
GM seeks to ease shareholders’ nerves at investor day
GM aims to reassure investors that despite slowing EV demand, profit growth remains achievable, focusing on stability.
EU proposes 12 month delay for deforestation regulation
The EU plans to delay its deforestation-linked import ban by one year, facing opposition from industries and member states.
US should lead global decarbonization to help climate and economy: report
A pro-U.S. climate policy would prioritize domestic economic and geopolitical interests while leading global decarbonization efforts.
US sets preliminary new duties on solar imports from Southeast Asia
The U.S. imposes anti-subsidy tariffs on Southeast Asian solar imports, with rates ranging from 0.14 per cent to 3293.61 per cent.
US issues $2 billion in EV tax rebates since Jan 1, Treasury says
The U.S. has issued $2B in EV tax credits for 300,000 vehicles since January, the Treasury said on Tuesday.
GM’s Q3 US sales fall about two per cent
General Motors' Q3 U.S. vehicle sales dropped 2.2 per cent, with buyers opting for affordable models like the Trax SUV.
