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I wish I had more to offer

Nothing here but dreams

Author: CNBC Online news

GM investing $81M to hand build ultra-exclusive Cadillac Celestiq electric cars

The decision marks the first time GM will build a vehicle for commercial sales at its massive tech campus in Warren, Michigan. Go to Source

Published June 15, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, GM, Production/Sales News

Ford CFO says inflation has erased Mustang Mach-E profits, but isn’t hurting demand for new vehicles

Ford Motor’s CFO said Wednesday that the company isn’t yet seeing consumer demand for new vehicles drop off. Go to Source

Published June 15, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford

Chinese Tesla rival Nio launches new electric SUV as competition heats up

Nio shares rose on Wednesday after the company unveiled the ES7 electric SUV which starts at 468,000 Chinese yuan ($69,693). Go to Source

Published June 15, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

U.S. safety agency says Tesla accounts for most driver-assist crashes, but warns data lacks context

Federal safety officials stressed that the data is not meant to portray whether one advanced driver-assist system is safer than another. Go to Source

Published June 15, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

Ford issues stop-sale of electric Mustang Mach-E crossovers due to potential safety defect

Ford says the issue with the Mustang Mach-E crossovers could cause the vehicles to become immobile. Go to Source

Published June 14, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford

Most factories in Shanghai resume work as Covid controls ease, ministry says

Factories in two of economic hubs have mostly resumed work as the impact of Covid subsides, said China’s Ministry of Industry and Information Technology. Go to Source

Published June 14, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Production/Sales News

BYD is selling so many electric cars it’s become one of the top three automakers in China

BYD’s growing sales for various models have helped the company climb into the ranks of the top three brands in China by passenger car sales so far this year. Go to Source

Published June 14, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Production/Sales News

GM’s stock closes below IPO price for first time since October 2020

GM’s stock closing below the $33 a share IPO price from November 2010 occurred hours after the company’s annual shareholder meeting. Go to Source

Published June 13, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged GM, M and A

CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap

The executives say the tax credit is critical to keep the vehicles affordable as production and commodity costs rise. Go to Source

Published June 13, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford, GM, Manufacturing, Production/Sales News

EV start-up Electric Last Mile Solutions plans to declare bankruptcy a year after going public

The Michigan-based start-up will move to liquidate less than a year after it went public. Go to Source

Published June 13, 2022
Categorized as Automotive, News Site, US Motoring Press

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