The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Tay...
Tag: Ford Motor Co
Ford Transit Trail 2023 targets boom in RV ‘van life’
Ford says Transit Trail owners will have access to the Ford Pro network of upfitters and interior installers to create the interior space they desire. (Preproduction model shown with aftermarket equip...
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...
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 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...
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 ...
Electrify Your Portfolio With These Three Automotive Stocks
. Auto & Truck Manufacturing Stocks Recent News The automotive industry is facing a lot of change. During the initial pandemic lockdowns, the automotive industry was hit hard as global supply chai...
GM’s 2024 GMC Sierra EV offers electric truck alternative to Hummer
2024 Sierra EV Denali Edition Source: General Motors General Motors unveiled its latest electric pickup, the new electric GMC Sierra, and began taking reservations for a fully-loaded $107,000 version,...
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...
Sony and Honda plan to start U.S. deliveries of their EV in 2026
Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint ventur...
Lyft president still thinks driverless cars will dominate ride-share
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angele...
GM Energy launches to connect homes, businesses with EV chargers, energy storage
Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC General Motors on Tuesday said that it is forming a new business unit to offer stationary battery packs, so...
GM, Ford shares tumble after UBS downgrades cite weakening demand
The General Motors world headquarters office is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | Getty Images DETROIT — Shares of General Motors and Ford Motor each tumbled Mo...
Here’s why UBS’s downgrade of Ford is misguided — and late
Ford Motor (F) shares plummeted Monday after UBS downgraded the Club holding — a call that strikes us as both belated and short-sighted given the stock’s considerable slide since January. With a...
Takeaways from our meeting: Diversification, inflation data, 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. Stay diversified Stocks fal...
Ford, Las Vegas Sands, Nvidia, Kraft Heinz and more
2022 Ford F-150 Lightning all-electric trucks during a launch event at the Rouge Electric Vehicle Center in Dearborn, Michigan, U.S., on Tuesday, April 26, 2022. Emily Elconin | Bloomberg | Getty Imag...
Ford, General Motors, Rivian and more
Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – UBS downgraded both automakers, cutting Ford to “sell” from “neutral” and downgradin...
How GM plans to convince car buyers to make the EV switch
Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC When people think of electric vehicles, their minds typically jump to Tesla. But Elon Musk’s company ...
Ford already ‘bit the proverbial bullet’ ahead of earnings, but GM results could go either way
Ford Motor Co.’s third-quarter earnings report shouldn’t be too dramatic since the company already warned about rising costs and inventory problems, but General Motors Co.’s report could be a differen...