Likely no business vertical will emerge unscathed from the latest round of tariffs imposed by the President Donald Trump administration, but the automotive industry stands to be hit the hardest. Manufacturers and dealerships are navigating a complex landscape of price adjustments, production halts and strategic...
There are days when a plunge in the markets clears the air, and when sweeping global policy changes — from the top down, via the office of the president — might mark a shift in direction, but the overall path is well-charted. Thursday (April 3)...
Cars from Canada and Mexico imported into the United States through the U.S.-Mexico-Canada Agreement (USMCA) will be exempted for one month from the tariffs imposed on the countries Tuesday (March 4). The move by the White House followed a request from three automakers — Ford...
Peloton appointed the co-founder of Apple Fitness+ to serve as its new leader. Peter Stern, who joins the digital fitness brand from a position at Ford, is slated to become president and CEO beginning Jan. 1, according to a Thursday (Oct. 31) press release. “Peter...
April 04, 2025
There are days when a plunge in the markets clears the air, and when sweeping global policy changes — from the top down, via the office of the president — might mark a shift in direction, but the overall path is well-charted. Thursday (April 3) did not feel like one of those days. The stage […]
July 05, 2024
As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the issues that will provide the...
February 01, 2024
While electric vehicles (EVs) have been celebrated for their potential to revolutionize transportation and accelerate the path toward a greener future, recent moves by original equipment manufacturers (OEMs) to scale...
January 17, 2022
Even before the pandemic, mobility loomed large as a key pillar of the connected economy. Now, as consumers embrace buy online, pick up in-store (BOPIS), mobile ordering at quick-service restaurants...
March 05, 2025
Cars from Canada and Mexico imported into the United States through the U.S.-Mexico-Canada Agreement (USMCA) will be exempted for one month from the tariffs imposed on the countries Tuesday (March 4). The move by the White House followed a request from three automakers — Ford Motor, General Motors and Stellantis — but will apply to […]
October 31, 2024
Peloton appointed the co-founder of Apple Fitness+ to serve as its new leader. Peter Stern, who joins the digital fitness brand from a position at Ford, is slated to become...
May 23, 2024
The U.S. car market is reportedly experiencing a surge in inventory levels, prompting automakers to offer significant discounts on their vehicles for the first time in years. This trend, which...
April 07, 2024
Tesla CEO Elon Musk says the company will debut a robotaxi this summer. “Tesla Robotaxi unveil on 8/8,” Musk wrote on X Friday (April 5). The multibillionaire had predicted in 2019...
