Day: September 25, 2025
Зеленский в интервью The Axios Show – Google Search google.com/search?q=%D0%97%D…
axios.com/2025/09/25/zelensk…— Michael Novakhov (@mikenov) Sep 25, 2025
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- Carmakers are bracing for impact after the Trump administration gutted EV subsidies in the US.
- Ford, Porsche, and Stellantis have all made strategy shifts, with Jeep and Ram scrapping new electric models.
- Honda is the latest automaker to tap the brakes, ending production of the US-only Acura EV.
Automakers are pulling back from EVs as the electric revolution stalls.
Electric vehicle sales are expected to hit a record in the US this year, but the Trump administration’s gutting of EV subsidies has left analysts predicting that adoption will slow over the next few years.
With the $7,500 tax credit for new, American-made electric vehicles ending on September 30, carmakers are bracing for impact.
Tesla CEO Elon Musk warned investors in July that the EV giant could face “a few rough quarters” as it grapples with the end of incentives.
Other automakers are tweaking their EV strategies — and even rolling them back entirely — as they navigate a brave new world.
REUTERS/David Ryder
- Starbucks on Thursday announced it would close 1% of its corporately owned stores in North America.
- The company will end the year with nearly 18,300 stores in North America, down from 18,424 in 2024.
- In addition to the store closures, Starbucks announced it will lay off 900 non-retail employees.
Starbucks on Thursday announced it would close 1% of its North American stores in addition to sweeping layoffs.
The closures amount to more than 120 shuttered locations where the company has found it is “unable to create the physical environment our customers and partners expect” or where it doesn’t “see a path to financial performance,” according to a statement published by the company.
About 900 non-retail employees will be laid off on Friday, the company announced.
“I believe these steps are necessary to build a better, stronger, and more resilient Starbucks that deepens its impact on the world and creates more opportunities for our partners, suppliers, and the communities we serve,” CEO Brian Niccol said in a statement about the changes.
This is a developing story. Please check back for updates.
