A Ford F-150 Lightning Platinum electric truck during the 2022 New York International Auto Show (NYIAS) in New York, U.S., on Thursday, April 14, 2022. The NYIAS returns after being cancelled for two years due to the Covid-19 pandemic. Michael Nagle | Bloomberg | Getty Images Ford Motor on Monday announced a series of new… Continue reading Ford announces key EV minerals deals ahead of crucial capital markets day
Author: CNBC Online news
What to know about buying a used electric vehicle as more hit the auto sales market
A 2019 pre-owned Nissan Leaf SV on the lot in 2022 during the chip shortage that depleted stock of new auto inventory. Boston Globe | Boston Globe | Getty Images Affordable EVs have been on sale in the U.S. well over a decade and the data analytics company Experian says about 2.2 million were on… Continue reading What to know about buying a used electric vehicle as more hit the auto sales market
Monday is Ford’s chance to convince Wall Street skeptics of its EV plans
Jim Farley, Ford CEO Ford DETROIT — Ford Motor on Monday will attempt to turn skeptics of its electric vehicle growth plans, which some Wall Street analysts have called “ambitious” and “crazy high,” into believers. The Detroit automaker will host its capital markets day, during which it has promised to provide details of how Ford… Continue reading Monday is Ford’s chance to convince Wall Street skeptics of its EV plans
Ford, GM and Toyota push into midsize pickup trucks, the latest battleground for U.S. automakers
2024 Toyota Tacoma Trailhunter Toyota DETROIT — Size matters. Just ask America’s largest automakers. Ford, General Motors and Toyota are among those increasingly looking to capitalize on the growing midsize pickup truck segment: vehicles big enough to command high price tags but small enough to protect profit margins. The small pickups have evolved from entry-level… Continue reading Ford, GM and Toyota push into midsize pickup trucks, the latest battleground for U.S. automakers
Bentley car review: The $384,000 Continental GTC Speed offers a smooth and powerful ride
Bentley’s new supercar, the Continental GTC Speed, is a swan song for 12-cylinder luxury vehicles as we enter the age of EVs. Go to Source
Toyota redesigns bestselling Tacoma pickup amid increased midsize competition
2024 Toyota Tacoma Trailhunter Toyota Toyota Motor is counting on the fourth generation of its Tacoma truck, including a new “Trailhunter” model, to help maintain its leadership in the growing U.S. midsize pickup market. The Tacoma has led the midsize pickup segment in sales for nearly 20 years, as competitors such as Ford, Jeep and… Continue reading Toyota redesigns bestselling Tacoma pickup amid increased midsize competition
Bentley CEO says customization craze among the wealthy is boosting profit
Bentley CEO Adrian Hallmark. Scott Mlyn | CNBC After a record-breaking year in 2022, Bentley Motors reported surging profits in the first quarter due in large part to car customization, CEO Adrian Hallmark said. Bentley reported its best-ever first quarter, with operating profits up 27% to 216 million euros, or about $232 million. Even more… Continue reading Bentley CEO says customization craze among the wealthy is boosting profit
Elon Musk subpoena in Epstein-JPMorgan lawsuit can be served to Tesla, judge rules
Ghislaine Maxwell and Elon Musk attend the 2014 Vanity Fair Oscar Party Hosted By Graydon Carter on March 2, 2014 in West Hollywood, California. Kevin Mazur | vf14 | Wireimage | Getty Images A federal judge ruled Wednesday that the U.S. Virgin Islands can serve a subpoena for Elon Musk to his electric car company… Continue reading Elon Musk subpoena in Epstein-JPMorgan lawsuit can be served to Tesla, judge rules
We’re pleased to see Ford rethink its China strategy as it accelerates EV business
Ford Motor ‘s (F) decision to scale back future investments in China is a prudent step for the automaker whose business there has been struggling to meet Chinese consumer preferences for electric vehicles. In an interview in The Financial Times on Tuesday, Ford CEO Jim Farley said there’s no guarantee that Western electric vehicle automakers… Continue reading We’re pleased to see Ford rethink its China strategy as it accelerates EV business
Stellantis warns UK risks exodus of EV production under post-Brexit rules
Generic stock pictures of the Astra assembly line at Vauxhall’s plant in Ellesmere Port, Cheshire. Picture date: Tuesday July 6, 2021. Peter Byrne – Pa Images | Pa Images | Getty Images LONDON — Executives from Stellantis, the automaking giant behind brands including Peugeot, Chrysler and Citroën, are meeting with U.K. ministers Wednesday to warn… Continue reading Stellantis warns UK risks exodus of EV production under post-Brexit rules