A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial Kentucky Truck Plant. The facility, which Ford has called its most important and profitable plant globally, produces the automaker’s large…
U.S. President Donald Trump and CEO of Ford Jim Farley clap, as President Trump visits a Ford production center, in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters The Trump administration expressed “profound concern” Tuesday about Ford Motor‘s ties to Chinese companies that it believes could be detrimental to the Detroit carmaker and…
The GM Defense Infantry Squad Vehicle was engineered to meet U.S. military specifications. It is based on the automaker’s off-road Chevrolet Colorado ZR2 midsize truck architecture. GM Defense DETROIT — General Motors and Ford Motor have rivaled each other for more than a century in racing, vehicle sales and many other automobile-related activities. But their…
Canadian Prime Minister Mark Carney speaks during a press conference at the West Block on Parliament Hill in Ottawa, Ontario, Canada, on April 14, 2026. Andrej Ivanov | Afp | Getty Images Canadian Prime Minister Mark Carney on Thursday returned fire after Trump administration Commerce Secretary Howard Lutnick claimed Ottawa tanked trade talks with the…
US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026. Saul Loeb | AFP | Getty Images President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027,…
China was once one of the most attractive and fastest-growing markets for many American brands. With its population of more than 1.4 billion people and massive opportunities for businesses, companies were racing to take advantage of the boon that China could offer. But in recent years, some consumer brands, including Nike, Starbucks and General Motors,…
Rivian’s in-vehicle AI assistant launched in its vehicles on May 12, 2026. Michael Wayland / CNBC DETROIT — What’s the best advanced driver-assistance system on the market? Ask Rivian Automotive‘s new artificial intelligence and it will say its creator. “Rivian’s is truly exceptional … an unmatched blend of safety and technology,” the chatbot told me…
Washington has been stepping up efforts to curb Beijing’s technological ambitions, but from artificial intelligence to electric vehicle batteries, Chinese technology is becoming increasingly embedded in the businesses of some of the world’s biggest companies. Apple has tapped Alibaba and Baidu for AI in China, while Ford has turned to CATL for battery technology. Volkswagen…
My top 10 things to watch Friday, Aug. 7 1. Futures rose after nonfarm payrolls unexpectedly fell 23,000 in July. Big miss from the projected 83,000 increase, according to Dow Jones. But the unemployment rate ticked down to 4.1%. The market’s first take was that this bad news for the labor market was good news for…
My top 10 things to watch Monday, Aug. 3 1. Peace talks between the U.S. and Iran are back on the menu, so oil prices are falling. WTI crude is off more than 5%, trading below $80 a barrel this morning. Stock futures are higher across the board, led by the Dow . Within our…
