Trump metals tariffs to cost Ford $1 billion in profits, says Ford CEO

Ford logo

Steel and aluminum tariffs imposed by the Trump administration have cost Ford Motor about $1 billion in profits, its chief executive officer stated on Wednesday, where as Honda Motor stated higher steel costs have brought “hundreds of millions of dollars” in recent costs. “From Ford’s perspective the metals tariffs took about $1 billion in profit […]

Triumph to replace Honda as Moto2 engine supplier

Images of 2016 Triumph Street Twin

British producer Triumph will replace Honda as Moto2’s special engine supplier from 2019 on a three-year deal, series organizers revealed on Saturday. Moto2 is the feeder series to the leading MotoGP classification. Commercial rights holder Dorna stated that Triumph would provide a race-tuned 765cc engine based upon the powerplant from the Triumph Street Triple bike. […]

Honda, General Motors Plans To Develop Driverless Cars Together

Japanese car supplier Honda Electric motor intends to expand its cooperation with the American automobile significant General Motors (GM) to collectively establish driverless autos. The business are currently teaming up on creating hydrogen gasoline cells. The cooperation in between both vehicle titans has actually gone exceptionally well and also they are taking into consideration broadening […]