Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on Dec. 14, 2023, in New York City. Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to… Continue reading CNBC Daily Open: Dow drops, Nvidia couldn’t save Nasdaq
Author: CNBC Online news
Cadillac’s new entry-level Optiq EV to start at $54,000
2025 Cadillac Optiq Cadillac DETROIT – General Motors’ new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wednesday. The compact-sized crossover is set to be Cadillac’s fourth electric vehicle when it goes on sale later this year. It follows the $59,000 Lyriq midsize crossover, the $300,000-plus bespoke Celestiq sedan and… Continue reading Cadillac’s new entry-level Optiq EV to start at $54,000
Nissan issues ‘do not drive’ alert for nearly 84,000 older models with recalled airbags
A Nissan Sentra sits on the lot of a dealership in Evanston, Illinois, on Nov. 12, 2010. Scott Olson | Getty Images Nissan has warned owners of older vehicles to drop driving cars equipped with recalled, unrepaired Takata airbags the National Highway Traffic Safety Administration announced Wednesday. The NHTSA said the Japanese carmaker’s “Do Not… Continue reading Nissan issues ‘do not drive’ alert for nearly 84,000 older models with recalled airbags
Stellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’
Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on Oct. 17, 2022. Nathan Laine | Bloomberg | Getty Images Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected electric vehicle adoption, CEO Carlos Tavares said Wednesday.… Continue reading Stellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’
Porsche reveals first-ever 911 hybrid sports car, starting at $164,900
2025 Porsche 911 Targa 4 GTS hybrid sports car Porsche Porsche on Tuesday revealed the first-ever production hybrid version of its iconic 911 sports car, with a starting price of $164,900. The 2025 911 Carrera GTS hybrid marks a significant change to the iconic German sports car amid the automotive industry’s focus on increasing electrified… Continue reading Porsche reveals first-ever 911 hybrid sports car, starting at $164,900
UAW challenges Mercedes-Benz union vote, asks NLRB for new election
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images DETROIT – The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in… Continue reading UAW challenges Mercedes-Benz union vote, asks NLRB for new election
Chinese EV makers continue aggressive push into Europe under growing threat of tariffs
BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images PARIS — Chinese electric carmakers are expanding into Europe even as politicians raise the possibility of high tariffs on vehicles from the world’s second-largest economy. Nio… Continue reading Chinese EV makers continue aggressive push into Europe under growing threat of tariffs
GM CEO Mary Barra says she has no plans to retire soon as automaker’s transformation continues
General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on “the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM’s workforce” in Washington, U.S., December 13, 2023. Elizabeth Frantz | Reuters DETROIT – General Motors CEO… Continue reading GM CEO Mary Barra says she has no plans to retire soon as automaker’s transformation continues
Tesla CEO Elon Musk says he favors ‘no tariffs’ on Chinese EVs
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images PARIS— Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on… Continue reading Tesla CEO Elon Musk says he favors ‘no tariffs’ on Chinese EVs
We maintain our rating on Ford shares after a bullish Street initiation
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. U.S. stocks were mixed on Thursday. The Nasdaq hit a record high after Club holding Nvidia’s spectacular quarterly earnings report on Wednesday. The leading AI chipmaker once again crushed analysts’… Continue reading We maintain our rating on Ford shares after a bullish Street initiation