Toyota CEO Akio Toyoda speaks during a small media roundtable on Sept. 29, 2022 in Las Vegas. Toyota LAS VEGAS — Toyota Motor CEO Akio Toyoda last week simply stated what he would like his legacy to b...
Tag: Autos
Dodge tries to convert its muscle car fans from V-8 engine to EV
Since the Dodge Charger was reintroduced in 2006, Dodge has been building a reputation for making muscle cars with big engines and bold and bright paint jobs. But it plans to discontinue the gas-power...
Electric and autonomous vehicle ETF falls 15% in September
GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images A key ETF for electric and autonomous vehicle stocks suffere...
Ford (F) stock up 70% since Jim Farley became CEO, but he has work to do
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters DETROIT – As incoming CEO of Ford Motor, Jim Farley promised more trans...
Arrival Stock Soars. It’s Got Plans for Microfactories to Build EV Vans.
Shares in Arrival were rising in early trading after the company said it had produced a vehicle in one of its microfactories for the first time. The milestone is a welcome boost for the embattled elec...
Toyota CEO doubles down on EV strategy amid criticism it’s not moving fast enough
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC LAS VEGAS – Toyota Motor is standing by its electric vehicle strategy, including hybrids like the Prius, following...
U.S., South Korea working to rectify problems on EV subsidies: Korea minister
South Korean and U.S. officials are working toward a “concrete proposal” to resolve their differences over electric vehicle subsidies, South Korea’s trade minister told CNBC. “...
Porsche shares rise in landmark Frankfurt debut
Porsche shares rose in their stock market debut Thursday, in one of the biggest public offerings in Europe ever. Bloomberg | Getty Images Porsche shares rose in their stock market debut Thursday, in o...
India’s startup market has tremendous potential
India’s startup market is worth betting on, though it’s still “a few years” behind China’s, Facebook co-founder Eduardo Saverin said. During a panel discussion at the Fo...
Ford’s fundamentals remain strong, despite recession worries, productions snags
The economy faces a heightened risk of a recession, Ford (F) CEO Jim Farley told CNBC on Tuesday, a week after the automaker warned investors of $1 billion in unexpected supplier costs and parts short...
Ford unveils new F-Series Super Duty trucks
2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle bus...
EV drivers in Britain see jump in public charging cost
The U.K. has laid out plans to ramp up the number of electric vehicles on its roads over the next few years. Coldsnowstorm | E+ | Getty Images Electric car drivers in the U.K. have seen the cost of us...
Tesla Q3 Delivery Results Are Coming. What to Watch For.
Tesla third-quarter delivery results are coming, and while calling the Q3 delivery figure will be tough, calling the stock price reaction will be even harder. Given all the crosscurrents in the econom...
Convertible sales fall in U.S. amid popularity of EVs, SUVs
2024 Ford Mustang Source: Ford Convertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars and more rugged sport...
Ford Stock Is Still a Buy, Despite Supply Issues. Here’s Why.
Ford’s truck business is one heck of a business. Courtesy Ford Text size Ford Motor stock tumbled this past week after the company warned of continued parts shortages, but Wall Street doesn’t seem wor...
Ford’s supply chain problems include blue oval badges for F-Series pickups
A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Recent supply chain problems for Ford Motor have included ...
Ford to restructure supply chain after $1 billion in unexpected costs
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT – Ford Motor on Thursday a...
GM to close reservations for electric Hummer EV after topping 90,000
Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a vari...
Freyr Battery Gains as Analyst Calls It a Top Pick. The Stock Could Quadruple.
Text size Freyr can be a serious battery player in years to come, says Morgan Stanley’s Adam Jonas. FREYR Stock in Norwegian battery start-up Freyr Battery is getting a boost from a new bullish ...
Xpeng says new G9 SUV could become the EV-maker’s best-selling car
Xpeng showed off its forthcoming G9 SUV at the Chengdu auto show in August 2022. China News Service | China News Service | Getty Images BEIJING — Chinese electric car start-up Xpeng‘s newest mod...
Buy Luminar Stock, Analyst Says. It’s a Winner in Radar for Autonomous Cars.
Text size Luminar’s stock is forecast to reach $30 by December 2023. Here, a photo of a Luminar Lidar-based sensor on a test vehicle. Patrick T. Fallon/AFP via Getty Images The autonomous vehicl...
Rivian Gets Another Buy Rating. Why Analysts Are Overlooking Ford.
Text size Rivian and Ford have a lot of strategic similarities. Courtesy Rivian Electric truck maker Rivian Automotive picked up a new Buy rating, but the optimism for leading EV start-up stocks just ...