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Ford reports $3.3 billion Q1 net income, best Q1 in a decade

The Q1 2021 earnings call for Ford investors might’ve taken some by surprise. Ford Motor Company reported their strongest first-quarter earnings in a decade, bringing in a net income of $3.3 billion USD. The Blue Oval brought in a record earnings before interest and taxes (EBIT) of $4.8 billion, up 6% from the first quarter […]
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President Biden commits to greenhouse gas reform by 2030

President Joe Biden is moving the United States closer to reducing greenhouse gas emissions by even more. During the two-day virtual meeting with many...

AutoNation’s profit triples amid chip shortage

AutoNation, Inc., one of the largest automotive retailers in the US, reported earlier this week that its quarterly adjusted profit nearly tripled from this...

Tougher tailpipe emissions coming under Biden Administration

The Biden administration does not seem to be backing down regarding tougher environmental regulations. This week, the head of the Environmental Protection Agency, Michael...

President Biden’s $2 Trillion spending plan includes cash for transportation and infrastructure

On Wednesday, President Joe Biden introduced the American Jobs Plan that seeks to revitalize the American economy with humanitarian improvements, job creation and innovation,...

Lawmakers pressure Biden Administration for gasoline car phase-out date

Furthering the current push by many lawmakers to create more eco-friendly vehicles that will reduce and eliminate emissions, two California senators are now pressuring...

Are auto dealers and consumers ready for an EV future?

Last week, in the German newspaper Frankfurter Allgemeine Zeitung, Audi CEO Markus Duesmann said there are no new internal-combustion engines in development at Audi. With Audi...

Americans hesitant to return to normalcy amid post-COVID apprehensions 

A growing sentiment among all Americans is an apprehension to return to normal life after the pandemic. A survey performed on behalf of HealthInsurance.com revealed that a...
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