Giant German Automakers Facing 25% US Tariffs on it Cars $VLKAY, $BMWYY, $POAHY, $DDAIF European auto stocks extended losses on Tuesday after a German magazine reported that US President Donald Trump could impose tariffs on imported EU cars starting next week. Wirtschaftswoche cited “EU sources” as saying a US Department of Commerce investigation report was […]
F1: Ross Brawn Returns to Formula One in Key Management Role $LMCA, $RACE Former Ferrari technical director and World Championship-winning team principal Ross Brawn, 62 anni, stepped back into Formula One Monday in the new role of Managing Director for iconic motorsport. New owner Liberty Media (NASDAQ: ) said Mr. Brawn, whose Brawn team won […]
BMW’s New EV’s are Tesla (NASDAQ:TSLA) Killers $TSLA Tesla Motors (NASDAQ: SLA) continues to struggle with production and with concerns about how it can fulfill (if ever) the orders for its Model 3. BMW has joined the other leading automobile manufactures to pressure Tesla’s market share and become the leader in electric car technology and […]