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21.03.26 - 13:06
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′It′s stupid′: why western carmakers′ retreat from electric risks dooming them to irrelevance (The Guardian)
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Iran war should be wake-up call about costs of not going full throttle towards EVs as Chinese have done, experts sayBy the 1980s, Detroit's once titanic carmakers were being upended by rivals from Japan. Ford, General Motors and Chrysler had grown rich selling gas guzzlers, but when oil prices rose and suddenly cheap, fuel-efficient Japanese models looked attractive, they were unprepared. The collapse in sales led to hundreds of thousands of job losses in the automotive heartland of the US.Now western car manufacturers are making what one former boss calls a similar “profound strategic mistake” as they pull back from electric vehicles (EVs) and refocus on the combustion engine just as oil prices are soaring once again. Experts say the industry's future – and that of tens of millions of jobs – could be on the line. This time, however, the threat is from China. Continue reading......
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20.03.26 - 13:24
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Ford’s 5% Dividend Looks Tempting at These Prices, but Is It Safe? (24/7 Wall St.)
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Ford (NYSE: F) has spent over a century building trucks, SUVs, and commercial vehicles that define American roads. With shares down 11.3% year-to-date and trading below $12, the stock's 5% dividend yield is attracting income investors. The question is whether that yield is a genuine opportunity or a warning signal dressed up as value. Dividend ... Ford's 5% Dividend Looks Tempting at These Prices, but Is It Safe?
The post Ford's 5% Dividend Looks Tempting at These Prices, but Is It Safe? appeared first on 24/7 Wall St.....
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19.03.26 - 08:18
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′We don′t tell the car what it should do′: my ride in a self-driving taxi (The Guardian)
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Driverless 'robotaxis' will be accepting fares in Britain's biggest city by the end of next year. Can they deal with London's medieval roads, hordes of pedestrians and errant ebikers? I got in the passenger seat to find out'I'm really excited to show you this,” says Alex Kendall, the CEO of Wayve, as he gets behind the wheel of one of the company's electric Ford Mustangs. Then he does … nothing. The car pulls up to a junction at a busy road in King's Cross, London, all by itself. “You can see that it's going to control the speed, steering, brake, indicators,” he says to me – I'm in the passenger seat. “It's making decisions as it goes. Here we've got an unprotected turn, where we've got to wait for a gap in traffic …” The steering wheel spins by itself and the car pulls out smoothly.Riding in a self-driving car for the first time is a little like your first flight in an aeroplane: borderline terrifying for a few seconds, then reassuringly unremarkable. At least, that is my exp...
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18.03.26 - 20:06
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US Carrier Pulling Back From Iran Operations To Crete Port After Suffering Fire (ZeroHedge)
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US Carrier Pulling Back From Iran Operations To Crete Port After Suffering Fire
America's largest and most advanced aircraft carrier, the USS Gerald R. Ford, is pulling away from the Middle East region as it nears a record-long deployment and after it suffered a major fire which damaged living quarters and other areas.
Bloomberg reports in a fresh update Wednesday, "The US Navy's most advanced aircraft carrier is retreating from the Red Sea after a fire broke out in its laundry room, scuttling plans for the 100,000-ton nuclear-powered vessel to project power in the war with Iran."
It is planning to temporarily pull back into Crete in the southern Mediterranean, and hopefully outside the reach of Iran's feared long-range ballistic missiles. The Ford had already docked there in late February after being called from Caribbean operations into the CENTCOM region of responsibility.
US Navy/AFP
"Following the incident, which left at least two of the ship's 4,000 crew members with ...
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