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Nothing here but dreams

Author: CNBC Online news

Behind GM, Ford’s aggressive new electric vehicle strategy is old-time financing: Cash

Detroit’s automakers have brought a surprisingly conservative financial strategy to making them America’s next electric vehicles of choice. Go to Source

Published January 22, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, GM, Strategy

Elon Musk sells another $1 billion in Tesla shares, nearing 10% target

Tesla CEO Elon Musk sold another 934,090 shares, or about $1.02 billion worth of his holdings in the electric car and solar business. Go to Source

Published December 29, 2021
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

Looking for a new vehicle? Don’t expect many, if any, year-end or holiday deals

Instead of car buyers flocking to dealer lots to take advantage of holiday and year-end deals, many dealerships are nearly empty of both vehicles and customers. Go to Source

Published December 22, 2021
Categorized as Automotive, News Site, US Motoring Press Tagged Production/Sales News

Chinese electric car start-up Nio reveals a new sedan, augmented reality glasses

Chinese electric car company Nio revealed Saturday a new sedan and custom augmented reality glasses that reduce the need for in-car screens. Go to Source

Published December 18, 2021
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles

Abu Dhabi GP: Max Verstappen takes F1 title from Lewis Hamilton on final lap after late controversy

Verstappen becomes the first Dutchman to win the title and the second for Red Bull after Sebastian Vettel. Go to Source

Published December 12, 2021
Categorized as Automotive, News Site, US Motoring Press Tagged Possible_Motorsport

Chinese electric car start-up Hycan claims funding of more than $300 million is on the way

Chinese electric car start-up Hycan claims it’s on the verge of a large fundraise as investors pour more money into a hot sector. Go to Source

Published December 3, 2021
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles

Ford attracts younger and more female buyers with new $20,000 Maverick pickup

Ford says the 2022 Maverick – about the length of a Toyota full-size sedan but far cheaper – is already succeeding in attracting new, younger and female buyers. Go to Source

Published November 6, 2021
Categorized as Automotive, News Site, US Motoring Press Tagged Ford, Toyota

Shares of EV start-up Lordstown Motors surge on reported deal with Foxconn to sell Ohio plant

Lordstown’s stock was up Thursday by as much as 21% following reports it’s near a deal to sell its large Ohio factory to iPhone maker Foxconn. Go to Source

Published September 30, 2021
Categorized as Automotive, News Site, US Motoring Press Tagged Manufacturing

GM doubles chip shortage impact to 200,000 vehicles in second half of year, maintains guidance

Despite the increased impact from the global chip shortage, GM CFO Paul Jacobson said the company is maintaining its guidance for 2021. Go to Source

Published September 10, 2021
Categorized as Automotive, News Site, US Motoring Press Tagged GM

Ford Motor Chair Bill Ford on automaker’s stock rally, SPACs and investors

After a decade of mediocrity, Ford shares remain lower than competitors but are up by about 50% this year and on pace for their best performance since 2009. Go to Source

Published September 8, 2021
Categorized as Automotive, News Site, US Motoring Press Tagged Ford, Possible_Motorsport

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