The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed ...
Tag: Autos
Auto insurance is up by more than 15% this year in some states
Miniseries | E+ | Getty Images As with many line items in your household budget, your auto insurance probably costs more this year than in 2022. How much more? related investing news It depends on a v...
January used vehicle prices pop, according to Cox’s Manheim index
A man shops for used vehicles at the Toyota of Deerfield dealership in Deerfield Beach, Florida. Getty Images DETROIT – Stronger-than-expected demand for used vehicles last month led to the largest in...
Why traffic can’t be solved with just adding more highway lanes
Traffic and congestion have been worsening in American cities for decades. The average American driver lost 51 hours and $869 in valued time by sitting in traffic in 2022, a 54% jump from the previou...
Tesla Raised Model Y Prices. Why a Used One May Still Cost More.
Tesla just raised the price of its Model Y, but used car buyers looking for an electric vehicle in 2023 could end up paying more than the price of a new EV if they are not careful. Fluctuating pricing...
Ford Mach-E Sales Fall 45%. The Reasons: High Prices, Incentive Confusion.
Text size Ford sold 2,626 Mustang Mach-E electric vehicles in January, down from 4,775 in December. Scott Olson/Getty Images Electric-vehicle sales at Ford Motor dipped to start the new year, showing ...
Auto loan delinquencies rise. What to do if you struggle with payments
Fotostorm | E+ | Getty Images For a rising share of car owners, monthly auto loan payments appear to be evolving into a problem. While borrowers who are behind on their payments by more than 60 days r...
Ford sold most of its Rivian stake last year
RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor liquidated most of its ownersh...
Ford’s CEO needs to deliver by next quarter, or we’re moving on
Ford Motor (F) CEO Jim Farley on Friday said the automakers’ messy fourth quarter was a function of its transition to a new business structure that limited production capacity, combined with poo...
Tesla, General Motors get boost from EV SUV tax credit change
A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT –...
Ford CEO Jim Farley frustrated after bad earnings
Ford CEO Jim Farley is frustrated. The company’s fourth-quarter earnings on Thursday missed analyst expectations by a wide margin, as costs and supply chain issues again hurt Ford’s bottom...
Apple, Amazon, Alphabet, Ford, Nordstrom, and More Stock Market Movers
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Ford (F) earnings Q4 2022
Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is ...
Ford January 2023 sales boosted by F-Series and Bronco
Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT — Ford Motor‘s new U....
Saudi Aramco backs Brooklyn-based startup turning ammonia into fuel
In the race to find cleaner fuels, the heavy duty transportation sector is woefully behind because batteries don’t have enough juice to power trucks and ships. Enter ammonia. New technology and ...
Lithium Americas Soars After GM Invests $650 Million. EV War Is Escalating.
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barro...
General Motors (GM) earnings Q4 2022
Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecti...
Jim Cramer’s Investing Club meeting Monday: Dow stocks, Fed, Ford
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stick to Dow stocks Watch w...
Ford cuts price of EV Mustang Mach-E, following Tesla’s cuts
People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT — Ford Motor is increasing...
Renault slashes Nissan stake as the automakers overhaul their decades-long alliance
Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp | Getty Imag...
EV carmakers work to fit auto dealers into their future plans
Customers wearing protective masks looks at the interior of a vehicle for sale at a Ford Motor Co. dealership in Colma, California, Feb. 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT —...
Lucid Stock Soars. Here’s What Is Happening.
Lucid stock was soaring Friday, a move that is being attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubl...