A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment processor Stripe has signed up Ford Motor Company as ...
Tag: Autos
How the U.S. fell way behind in lithium, ‘white gold’ for EVs
The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and a handful of new elec...
Bill Ford is doubling down on Ford shares and amassing more control of the company
Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Mich...
Auto Production Wild Card For 2022 As Dealer Lots Remain Sparse
Production delays due to the global semiconductor shortage and supply chain issues have left dealer … [+] lots nearly empty. Ed Garsten Cars and trucks are trickling off assembly lines a little ...
Why used car prices are pushing inflation higher
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images Despite President Joe Biden’s upbeat comments on w...
Ford’s market cap tops $100 billion for first time ever
Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor’s market value toppe...
Cathie Wood is expecting a ‘bloodbath’ in this segment of the market: ‘autos are one example of…many disturbances out there in the world order’
Cathie Wood, the star fund manager and chief executive of ARK Invest, in a Tuesday monthly market update said that the used car market is where she is expecting possible losses after a surge in values...
Rivian Stock Drops on Hints of Vehicle Production Issues
Text size 2022 Rivian R1T Courtesy of Rivian Stock in electric truck startup Rivian Automotive was falling Tuesday because of two issues that impact the same key success factor for the company: vehicl...
California proposes $6.1 billion on electric vehicle initiatives
California Governor Gavin Newsom holds a copy of the California State budget after ceremonially signing it during a rally in Los Angeles, Tuesday, July 13, 2021. Hans Gutknecht | MediaNews Group | Get...
Rivian shares decline on 2021 production and executive departure
Rivian R1T all-electric truck in Times Square on listing day, on Wednesday, Nov. 10, 2021 in New York. Ann-Sophie Fjello-Jensen | AP Shares of Rivian Automotive fell 5% in afterhours trading Monday af...
Tesla Self-Driving Is Getting So Good, It Will Cost More
Tesla CEO Elon Musk was tweeting about Full Self Driving on Friday night. Patrick Pleul/Pool/Getty Images Text size Elon Musk had two positive tweets for weary Tesla investors to digest on Friday. For...
New and used car prices keep climbing. Don’t expect relief soon
When it comes to car shopping these days, sticker price may mean sticker shock. New and used car prices continue to spurt higher amid strong demand and tight inventory. While a manufacturing slowdown ...
Melinda French Gates Slashed Stake in AutoNation Stock
Text size Melinda French Gates received AutoNation shares last year as part of her divorce. John Lamparski/Getty Images Melinda French Gates more than halved her stake in automotive retailer AutoNatio...
GM’s Chevy Silverado EV Has Arrived. It Could Move the Stock.
Text size A 2024 Silverado EV RST. Courtesy GM Launches of new models typically aren’t stock-market issues for traditional auto manufacturers, but things are changing. General Motors ‘ unveiling of th...
BMW’s new iX Flow concept car can change colors
People look at BMW’s iX Flow prototype at the BMW booth during the CES tech show, Wednesday, Jan. 5, 2022, in Las Vegas. The iX Flow is a system that replaces regular car paint with with E Ink t...
Rivian, Allbirds, Humana and more
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Here are the stocks making headline...
Tesla Stock Is Falling Again. Why Shares Are Giving Back Big Delivery Gains.
Text size Tesla stock is up about 3% this year after giving back its double-digit gain from the first trading day of 2022. Justin Sullivan/Getty Images Tesla opened the year with strong fourth-quarter...
Bentley reports a second consecutive year of record sales in 2021
A Bentley PHEV Mulliner car is displayed during the 19th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2021, at National Exhibition and Convention Center (Shanghai...
Ford Stock Has Run Too Far. Why It’s Like Tesla.
Text size Ford stock is down a little following the rating cut from RBC. Scott Olson/Getty Images Ford Motor shares were downgraded by an RBC analyst Friday. Weakening Wall Street sentiment actually m...