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Ford CEO Jim Farley said that tariffs might be a potential accelerant of the destruction of the automotive industry
FordCorporate / FinancialNews

Ford CEO Jim Farley said that tariffs might be a potential accelerant of the destruction of the automotive industry

During a financial conference call to review Ford’s performance in the year 2024, the company’s chief executive Jim Farley said that tariffs might be a potential accelerant of the destruction of the automotive industry and consumerism. Earlier this week, the administration of Trump placed a 25-percent tariff on goods imported from Mexico and Canada and then removed it and replaced...

Honda Civic Hybrid Plaintiff
Honda

Honda Civic Hybrid’s fuel economy lawsuits come to end

Honda aren't having the best of times as far as their automotive developments are concerned, but they've just caught a break. It's come from the United States, particularly the legal department. I'm sure Honda would have loved to get a break in terms of market share but they'll have to settle with this settling of an older argument. A while...

Lexus LF-LC Concept
Lexus

Lexus might send LF-LC into production

Lexus, Toyota's luxury division, maker of some of the most reliable cars out there and quite the contender to the luxury segment. Unfortunately, they're also the makers of some of the most boring cars ever made and even though they made the Lexus LFA it didn't change anybody's impression of the brand. The latest news coming from them might actually...

2009 Pontiac G8 GXP
Pontiac

Pontiac is dead, but customers keep it alive

Here's the manufacturer story we didn't think we'd hear about, it's GM's very own Pontiac. A brand that was killed off by the General Motors cutback that came to life after the automotive industry's recent fallback still has a burning spirit. While we'd really love to crack a joke about the Phoenix, and go through the whole Pontiac Firebird anecdote,...