Volvo to cut 3,000 jobs amid Trump tariff fight
Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in Europe and China.
Musk says he plans to remain Tesla CEO for next 5 years
Tesla CEO Elon Musk said at the Qatar Economic Forum that he doesn't plan on leaving his role leading the EV-maker in the next few years. (Credit: Bloomberg TV)
Volvo recalls more than 450,000 vehicles over backup camera issue
Volvo Cars is recalling more than 400,000 cars in the U.S., as well as over 40,000 in Canada, due to a backup camera issue that increases the risk of a crash.
Fox Business Briefs 5/8
Toyota says tariffs will erase $1.3 billion in profits; Krispy Kreme and Molson Coors withdraw 2025 outlooks; Match cost-cutting plans will result in 13% of its workforce being dumped.
Toyota sees $1.3B profit hit from Trump tariffs in 2 months
Toyota held an earnings press conference, talking about impacts of tariffs by President Donald Trump. The company's earnings look much different from last year.
As Trump eases auto tariffs, Mercedes will expand at Alabama plant
Mercedes-Benz’s manufacturing plant in Tuscaloosa, Alabama, will build a new vehicle for the luxury automaker, according to a Thursday announcement.
GM CEO breaks silence over tariff pressure and what it means for your wallet
General Motors CEO Mary Barra shared her expectations for auto tariffs and their potential impacts on the industry, including how the company plans to absorb the earnings impact.
IBM and Scuderia Ferrari debut reimagined app to connect global Formula 1 fans, enhance race experiences
With over 400 million Formula 1 fans around the globe, Scuderia Ferrari and IBM have teamed up to develop a reimagined mobile app to connect them all.
Fox Business Briefs 4/30
Yum Brands posts higher profit; Waymo partner with Toyota; Stanley Black & Decker raises prices; Homebuyers continue to pull back; PepsiCo to remove artificial ingredients.
Tesla launches test run for FSD Supervised, an AI-powered ride hailing service
FSD Supervised ride-hailing service launched to a select few in Austin, Texas, and the San Francisco Bay Area, Tesla announced on social media following its latest sales call.
Tesla FSD Supervised ride-hailing service goes live in two markets
Robotaxi operations closer to reality, expected to launch in June. (Credit: X/@Tesla_AI)
Tesla is about the past, SpaceX is about the future: Eva Ados
EntrepreneurShares COO Eva Ados weighs the benefits of owning SpaceX compared to Tesla on 'Making Money.'
Stuart Varney: Elon Musk went from revered genius to hated billionaire
FOX Business’ Stuart Varney discusses Elon Musk’s public perception during his time close to President Donald Trump.
Former Chrysler CEO emphasizes this 'critical' tariff move under Trump
Former Chrysler chairman and CEO Bob Nardelli explains how President Donald Trump's tariffs impact the automotive industry on 'The Bottom Line.'
Over 44K Audi vehicles recalled due to software issue that causes speedometer to fail
Volkswagen recalled over 44,000 Audis because of a software malfunction that causes the panel display to fail the speedometer and warning lights to stop working.
Tesla attacks are low-level acts of 'domestic terrorism,' chief editor decries
National Review editor-in-chief Rich Lowry and PragerU personality Xaviaer Durousseau discuss evidence of 'assassination culture' spreading on the left on 'The Bottom Line.'
Dems have 'no message' against Trump's tariffs, argues business analyst
Fox News contributors Liz Peek and Deroy Murdock weigh in on Democrats' messaging against President Donald Trump's tariffs and anti-Tesla violence on 'The Bottom Line.'
Porsche Design Tower in Florida boasts one-of-a-kind car elevator
Fox News National Correspondent Phil Keating explores the car elevator at the Porsche Design Tower in Sunny Isles, Florida. One of the building's luxury condos owned by Brazilian evangelical billionaire Edir Macedo is currently for sale.
Tech CEO details how his company helped catch alleged Tesla bomber
Flock Safety CEO Garrett Langley believes technology will play a key role in the future of law enforcement.
Vandalized Tesla owner blames Dems' rhetoric for attack in California
Vandalized Tesla owner Jason Bedell describes the vandal and offers a reward for information related to the suspect on 'The Evening Edit.'