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Duncan Aldred has been promoted to President of GM North America operations, previously serving as VP of commercial growth. He will lead sales efforts and adapt strategies across GM’s diverse vehicle portfolio, including electric and internal combustion engines.
Six major tech firms reported earnings, revealing tariff impacts. Apple expects a $900 million hit in Q2. Premium content and subscriptions offer deeper insights into market trends.
The microcars market is projected to grow from $36.75 billion in 2025 to $49 billion by 2032, driven by urbanization and advancements in electric and hybrid technology. Asia leads the market, with China and Japan as major contributors, while key players include SAIC-GM-Wuling, BYD Auto, Suzuki, Honda, and others.
Debbie Argyle, a Mahaica entrepreneur, transformed her home-based business into an export-ready brand, producing scented candles and other organic products. As part of the Mahaica Women’s Group, she has expanded her role from farming to agro-processing, showcasing her products at international expos.
President Trump’s budget request proposes increased funding for DOT’s aviation infrastructure but slashes Essential Air Service by $308 million. The Department faces a mass layoff, with plans starting in late May, as Secretary Duffy emphasizes efficiency while avoiding drastic cuts.
Big brands are reducing or withdrawing their support from Pride events due to political tensions surrounding DEI rollbacks. This has led to financial struggles for organizers, with many relying on community support to fill the gaps.
Hackers are targeting Tesla owners and nonowners alike through doxxing attacks fueled by inaccurate public data, exposing personal information and leading to intimidation campaigns. Innocent individuals are being misidentified, resulting in harassment and physical threats, with law enforcement labeling the attacks as domestic terrorism.
GM recalls over 597k vehicles for engine defects. Ford issues two recalls affecting 128k Bronco units and older trucks/SUVs due to camera problems. Volkswagen recalls 5,637 ID. BUZZ models for seatbelt concerns.
China is aggressively expanding its global influence through industries like carmaking, solar power, and tech, despite US efforts to limit its rise. By investing in regions like Southeast Asia and leveraging ecosystems, Chinese companies are embedding their standards and soft power into global markets, aiming for long-term growth and countering decoupling pressures.
Duncan Aldred has been promoted to Senior Vice President and President of GM North America, leading the region and reporting to Rory Harvey. His new role focuses on maintaining sales momentum and adapting to market changes, aligning with GM’s strategy to offer diverse vehicle options.
Mayfair Shopping Center in Commack is adding two family-friendly tenants: Kids Empire, an indoor playground, and My Gym, a children’s fitness center. These new additions highlight the growing demand for experiential retail spaces, enhancing the center's role as a community hub.
Ducati CEO warns the gap at the front will narrow after Yamaha’s Fabio Quartararo showed strength in the Spanish GP. Despite Ducati’s current dominance, with 22 consecutive race wins, Quartararo’s second-place finish highlights growing competition from other manufacturers.
U.S. EV deliveries dropped sharply in April 2025 despite overall vehicle sales rising. Many automakers, including Hyundai, Kia, Subaru, and Volvo, reported significant declines, while Honda's ramp-up plateaued. This suggests a potential slowdown in EV adoption despite strong Q1 performance.
Markets pause after S&P 500's rally; traders watch PMI data, oil drops due to OPEC+ hike, and earnings reports influence sectors.
Adam Vaughan, former Liberal MP and city councillor, has joined Therme Canada as senior advisor, supporting their luxury spa development at Ontario Place. He expressed enthusiasm for transforming the site into an accessible urban oasis with new parkland and swimming areas. Vaughan’s background in housing policy and waterfront advocacy aligns with Therme’s vision to create a year-round wellness destination.
California has long led with strict air pollution rules, successfully reducing smog and health risks despite carmaker opposition. However, these efforts are now at risk due to federal actions challenging state authority. Innovations like advanced batteries could help advance clean energy goals.
Tesla is rolling out a lidar-free self-driving system in China using camera-based technology, as it awaits Beijing’s approval for its Full Self-Driving (FSD) features. The company claims this approach offers safer intelligent driving at lower costs, aligning with CEO Elon Musk's skepticism toward lidar since 2019.
High vehicle ages and tariffs have boosted automotive parts stocks, as consumers repair older cars instead of buying new ones. Luxury brands like Ferrari and retailers like AutoZone are leading gains due to strong financial performance and international expansion.
