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Author: CNBC Online news

Cruise gets green light for commercial robotaxi service in San Francisco

Riders will soon be able to pay for a driverless taxi ride in San Francisco from Cruise, which is majority-owned by General Motors. Go to Source

Published June 3, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Autonomous, GM, Mobility

Ford’s U.S. sales decline narrowed in May as demand remained high for its electric vehicles and pickups

Ford said its sales decline was narrower than the overall industry’s, helped by demand for the company’s latest products as the chip shortage lingered. Go to Source

Published June 2, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Ford, Production/Sales News

Ford to add over 6,000 U.S. jobs as it boosts electric vehicle production and prepares for a new Mustang

Ford will add 6,200 union jobs and promote another 3,000 temps to full-time status as it prepares to build more EVs and all-new versions of Mustang and Ranger. Go to Source

Published June 2, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford, Manufacturing, People, Production/Sales News

Self-driving car companies’ first step to making money isn’t robotaxis

While governments may be wary of driverless cars, people want to buy the technology and companies want to cash in. Go to Source

Published June 2, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Autonomous, Mobility, People

GM slashes prices of Chevy Bolt electric vehicles despite rising commodity costs

GM cut the price of the Bolt EV by $5,900 compared with the 2022 model year, with a starting price of $26,595. Go to Source

Published June 1, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, GM

Ford CEO expects to see industry consolidation as the costs of transition to electric vehicles rise

Jim Farley said the massive amounts of capital needed to invest in EV technologies will force smaller companies to be acquired. Go to Source

Published June 1, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Ford, M and A, People, Production/Sales News

Elon Musk tells Tesla workers to return to the office full time or resign

Tesla CEO Elon Musk said on Twitter: ‘They should pretend to work somewhere else.’ Go to Source

Published June 1, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

Buick unveils sleek new Wildcat car concept to shake off stodgy image and reinvent the brand for EVs

The car reflects the future design and technological directions of Buick, including a significantly redesigned logo for the first time in more than 30 years. Go to Source

Published June 1, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged GM

Chinese automaker Nio reports May EV sales constrained by Covid as rivals XPeng and Li Auto gain ground

Nio’s sales were up just 4% year over year as the company struggled to build and deliver vehicles amid the latest Covid outbreaks. Go to Source

Published June 1, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Production/Sales News

Rising gas prices and inflation top travel concerns, overtaking Covid, survey finds

Most Americans plan to travel this summer, but rising gas prices and inflation now top their list of concerns, overtaking Covid. Go to Source

Published May 31, 2022
Categorized as Automotive, News Site, US Motoring Press

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