Derek Jeter will star with his wife, fashion model and television host Hannah Jeter, in the Grand Wagoneer’s new “Eyes Wide Open” campaign as part of a long-term partnership. Jeep DE...
Tag: Autos
GM temporarily suspends advertising on Twitter following Musk takeover
DETROIT — General Motors is suspending its advertising on Twitter following Elon Musk’s takeover of the social media platform, the company told CNBC on Friday. The Detroit automaker, a rival to ...
Chrysler owner Stellantis offers buyouts to some U.S. employees
The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stel...
EU pushes ahead with plan to ban new diesel, gasoline cars
An electric car being charged in Germany. The European Union is moving forward with plans to ramp up the number of EVs on its roads. Tomekbudujedomek | Moment | Getty Images The EU’s plans to ph...
AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other automo...
Ford Earnings Are Coming. What To Expect.
Third-quarter results from Ford Motor are due after the close of trading Wednesday. They should tell investors something about the state of the U.S. auto industry. Wall Street is looking for third-qua...
Ford Motor (F) earnings Q3 2022
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor is set to report its third-quarter earnings after the bell on Wednesday. Here’s what Wall Street is expecting, according to Refinitiv consensus...
South Korea, U.S. in working to adjust regulations
Hyundai executives and government officials break ground on the automaker’s new “Metaplant America” in Bryan County, Georgia, on Tues., Oct. 25, 2022. CNBC | Michael Wayland SAVANNAH...
Ford reveals 2023 Escape to sell alongside Bronco Sport SUV
2023 Ford Escape ST-Line Elite Ford DETROIT — Ford Motor is updating its popular Escape as part of a two-pronged sales strategy alongside the newer, more rugged Bronco Sport in the highly competitive ...
French project aims to supply Europe with lithium
A Lithium-ion battery photographed at a Volkswagen facility in Germany. The EU is looking to increase the number of electric vehicles on its roads in the coming years. Ronny Hartmann | AFP | Getty Ima...
Tesla Stock Falls. It’s All About China.
Electric vehicle maker Tesla cut prices in China, the largest market for new cars and electric vehicles on the planet. Investors are nervous. Tesla Chinese website on Sunday showed lower prices to buy...
Tesla Cuts Prices In China. Bears Are Likely to See Demand Problems.
Electric-vehicle maker Tesla looks to be cutting prices in China, the largest market for new cars and new electric vehicles on the planet. Trading Monday will give investors some idea of how the marke...
Tesla Stock Could Rebound in 3 Months. Here’s What it Would Take.
Elon Musk says that Tesla could someday be worth more than Apple and Saudi Aramco, combined. First, it needs to get through the next few months. Before Tesla (ticker: TSLA) reported third-quarter earn...
The $40,000 electric vehicle business tax credit may be easy to get
Electric buses at a charging station. Koiguo | Moment | Getty Images Plus, the tax credit for bigger trucks is worth more money — up to $40,000 in contrast to the $7,500 maximum for passenger cars and...
TeraWatt announces first interstate EV charging network for trucks
TeraWatt site Courtesy: TeraWatt San Francisco startup TeraWatt Infrastructure on Thursday announced it’s developing the first network of electric vehicle-charging centers for heavy-duty and med...
Biden’s EV tax credit rules deal ‘astronomical’ blow to business
DETROIT – The Biden administration’s elimination of tax credits for imported electric vehicles deals a massive blow to Hyundai Motor’s business, an executive for the automaker said Wednesd...
Biden awards $2.8 billion for electric vehicle battery manufacturing
U.S. President Joe Biden delivers remarks to highlight electric vehicle manufacturing in America, during a visit to the Detroit Auto Show, September 14, 2022. Kevin Lamarque | Reuters The Biden admini...
BMW to invest $1.7 billion in U.S. to produce electric vehicles
BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The investment will include $1 billion to prepare for productio...
GM’s Cadillac Celestiq EV costs $300,000 and is customizable
2024 Cadillac Celestiq Cadillac DETROIT – Cadillac is testing the limits of its brand allure and pricing power with the 2024 Celestiq – a large, bespoke electric car that will start at more than $300,...
Stellantis debuts electric Jeep, pledges new energy target
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that t...
For GM auto union workers, there’s still a lot to learn about EVs
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht...
XPeng Stock Plunges After Rare Double-Downgrade
Shares for Chinese electric vehicle maker XPeng have just been hammered in 2022—and they dropped even more Friday after a once-bullish analyst said to sell the stock. Citi analyst Jeff Chung doubled-d...