Shares of Ford (F) and General Motors (GM) slammed into reverse gear as President Donald Trump doubled down on plans to slap 25% tariffs on

General Motors has responded to Triple Eight Race Engineering's decision to switch to Ford in 2026, in a switch that has made global headlines. Confirmed Friday, Triple Eight will return to Ford in 2026, 16 years after the team switched to Holden Commodores and, later, Chevrolet Camaros.

Reigning Supercars champion team Triple Eight Race Engineering has confirmed it will field Ford Mustangs from 2026. In a blockbuster Supercars story, Triple Eight and Ford revealed they will rejoin forces, 15 years after the championship-winning squad defected from the Blue Oval to General Motors.

“We acknowledge Ford’s decision to appoint Triple Eight Race Engineering as its Homologation Team from the 2026 Repco Supercars Championship season, subject to the formal approval process with Ford’s Supercars teams,” said Supercars CEO Shane Howard.

Stellantis topped Ford in the number of recalls in 2024. Tesla topped Ford in the number of vehicles recalled in 2024. Ford's Initial Quality score jumped 14 ranks, per J.D. Power. Looking at the numbers a different way,

Triple Eight Race Engineering will make the blockbuster switch from General Motors to Ford for the 2026 Supercars season. Ford says “it is planned” that Triple Eight will take over homologation duties from the struggling Dick Johnson Racing next season.

Top US automakers Ford (F) and General Motors (GM) are facing possible pressures from the Trump administration over proposed tariffs that could hit auto imports from North American neighbors Mexico and Canada.

Ford Motor Company ( F -0.39%) investors have had plenty of negative news to digest recently. 2024 was a bumpy ride as Ford had to grapple with higher warranty costs, advanced electric vehicles taking over the market in China, and crosstown rival General Motors seemingly thriving and raising guidance at every opportunity.

General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs.

Triple Eight Race Engineering, 12-time team champions of Australia's Supercars series, last ran Fords in 2009.

GM announced a record-setting profit-sharing bonus for workers. The profit-sharing amount is much larger than in the past two years, amid workforce cuts. Scott Bessent confirmed as Treasury secretary, giving him a key role in extending Trump's tax cuts

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