Check out the companies making headlines in midday trading Monday. Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Colgate-Palmolive — Shares gained 2.8% aft...
Tag: Ford Motor Co
Ford to cut Mustang Mach-E prices as price war with Tesla ‘intensifies’
Ford Motor Co. said Monday that it would be “significantly increasing” production of its Mustang Mach-E in 2023 as the company continues its efforts to improve supply of its electric-vehicles and cut ...
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 —...
Norwegian Cruise Line, Allstate, Roblox and more
A Norwegian Gateway cruise ship leaves from the Manhattan port during sunset in New York City, United States on April 10, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies ma...
Why it’s a hybrid and not an all-electric car
DETROIT – General Motors’ future may be in all-electric vehicles, but it still needs its current models to pay the bills to allow it to invest in those new products. That’s one of the reas...
2022 U.S. auto sales are worst in more than a decade
New Jeeps on display at a New York City car dealership on Oct. 5, 2021. Spencer Platt | Getty Images DETROIT — Automakers are hopeful last year’s new vehicle sales — the worst in more than a dec...
Ram previews new electric pickup to rival Ford, Rivian
Ram 1500 Revolution BEV electric concept truck Stellantis Ram Truck previewed its upcoming electric pickup Thursday at the CES technology show, as the automaker plans its entrance into the emerging se...
Jim Cramer’s Investing Club meeting Thursday: Avoid expensive stocks
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 Thursday’s key moments. Avoid expensive stocks St...
Ford pickup truck sales in December help narrow overall sales decline
2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor narrowed its U.S. sales loss last year to 2.2%, as the automaker notably increased sales of its F-Series pickups to end 2022 with a slight ...
General Motors (GM) sales Q4 2022
2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales...
Ford F-Series 2022 sales show pickup continued decades-long dominance
2023 Ford F-150 Raptor R Ford DETROIT – The Ford F-Series continued its decadeslong U.S. sales dominance in 2022 despite ongoing parts and supply chain problems, the company said Tuesday. Ford Motor r...
Cramer’s final thoughts for the year: Making sense of multiples
The price-to-earnings multiples say recession. But the multiples said similar things in 2022. So how long can the multiples stay this low? We have all read dozens of articles about what 2023 will brin...
Ferrari outshines EV makers like Tesla
The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. ...
Test driving GM, Ford and Tesla ‘hands-free’ systems
The 2023 Lincoln Corsair will offer the company’s next-generation ActiveGlide hands-free advanced driver assistance system (ADAS) for highway driving including lane-changing, in-lane positioning...
Auto execs less confident in EV adoption amid economic fears: KPMG
A NYC charging station seen in the Yorkville neighborhood of New York City. Adam Jeffery | CNBC DETROIT — Global automotive executives are less confident about the rate of adoption of electric vehicle...
RSI Alert: Ford Motor Now Oversold
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important ...
Tesla stock down 28% since Elon Musk took over Twitter
CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand opening party in Austin, Texas, on April 7, 2022. Suzanne Cordeiro | AFP | Getty Images Share...
Ford boosts production of electric F-150 Lightning pickup truck
Corey Williams, plant manager at Ford’s Dearborn Truck Plant and Rouge electric vehicle center, outlines the automaker’s production plans for the F-150 Lightning electric pickup during a f...
Electric Ford F-150 Lightning named MotorTrend’s truck of the year
2022 Ford F-150 Lightning Ford DETROIT — The electric Ford F-150 Lightning was named MotorTrend’s 2023 truck of the year Tuesday, topping traditional pickups with internal combustion engines fro...
GM, Stellantis rank worst for fuel efficiency, even amid EV push
GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images DETROIT – General Motors may be transitioning to an all-elec...
Ford CEO says 65% of U.S. dealers agree to sell EVs
Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – About 65% of Ford Motor’s dealers have agreed to sell elect...
Competitors chip away at Tesla’s share of U.S. EV market
DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collec...
Hyundai’s best years in the U.S. face an Inflation Reduction Act test
Drew Angerer | Getty Images News | Getty Images SAVANNAH, Ga. — Hyundai Motor Group is having its best years ever in the U.S. The South Korean automaker has successfully moved from bargain economy veh...
I still see another bad quarter ahead for Ford Motor
Ford Motor Co: “I still see another bad quarter ahead because they don’t have the right inventory, and then maybe things can get better.” Duolingo Inc: “Everyone I know loves i...
Ford says making its own parts for electric vehicles could offset job losses
Ford CEO Jim Farley (left) with Michael Wayland / CNBC DETROIT – Ford Motor is attempting to build as many of its own parts as possible for its electric vehicles to offset an expected 40% reduction in...
‘Auto makers are building more expensive vehicles’: Why you should not buy a new car in 2023
There are always good reasons for most people not to buy a new car. Such a purchase can set you back for years, as high monthly payments delay the buildup of savings and investments that will be neede...