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16.04.26 - 21:15
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Ford to Strengthen Overseas Cooperation with Chinese Automakers (AAStocks)
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Ford Motor (F.US) plans to expand its overseas partnership with Chinese manufacturers.Chief Executive Officer Jim Farley stated that outside the United States, Ford will broaden its cooperation with Chinese companies, expressing hope to expand its business footprint.(to/s)~AASTOCKS Financial NewsWebsite: www.aastocks.comThis art......
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16.04.26 - 14:45
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From Trucks To Tanks: Pentagon Looks To Automakers To Rebuild America′s Arsenal (ZeroHedge)
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From Trucks To Tanks: Pentagon Looks To Automakers To Rebuild America's Arsenal
With two active conflict areas in Eurasia - the Russia-Ukraine conflict in Eastern Europe and the U.S.-Iran theater in the Gulf - the world is moving deeper into a war cycle. The latest indicator is not only that militaries around the world are beginning to stockpile one-way attack drones, but also the early-stage push to convert underused civilian industrial capacity, including struggling auto production lines, into wartime manufacturing hubs.
The Wall Street Journal is out with a new report that describes just that, noting that the Trump administration is exploring whether U.S. manufacturers, including GM, Ford, GE Aerospace, and Oshkosh, can convert civilian industrial capacity into weapons production as conflicts across Eurasia drag on and deplete critical weapons stockpiles.
The effort to boost the war economy is part of what Defense Secretary Pete Hegseth has described as putting the defense industrial base ...
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16.04.26 - 09:12
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Ford strukturiert E-Auto-Sparte um – Doug Field geht (Electrive)
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Ford hat angekündigt, seine verlustreiche Elektroauto-Sparte Model e umzubauen. Das wichtige Team für Elektrofahrzeuge, Digitales und Design geht in einer anderen Abteilung auf. Der US-Konzern verliert dabei zudem den Manager, der das Team aufgebaut hat....
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16.04.26 - 04:09
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Bessent Keeps Running Tally Of China As "Unreliable Global Partner" - Count Now Stands At Three (ZeroHedge)
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Bessent Keeps Running Tally Of China As "Unreliable Global Partner" - Count Now Stands At Three
Treasury Secretary Scott Bessent told reporters Tuesday that Beijing's panic hoarding of crude and refined products, while refusing to join the rest of the world in releasing supplies to offset the Gulf energy shock, has now demonstrated for the third time in five years that China is an "unreliable global partner."
"China has been an unreliable global partner three times in the past five years; once during COVID, when they hoarded healthcare products, second on rare earth," Bessent said, referring to Beijing's move last year to weaponize rare earth exports against the US in the tit-for-tat trade war that disrupted US supply chains, including temporary factory shutdowns such as production lines briefly shuttered by Ford Motor Company.
Bessent said China continued to purchase tanker loads of crude instead of helping ease the global supply crunch caused by Iran's closur...
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