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I wish I had more to offer

Nothing here but dreams

Author: CNBC Online news

Maserati unveils all-electric plan, starting with a new 1,200-horsepower GranTurismo

Maserati plans to offer electric versions of its entire lineup by 2025, starting next year with a new GranTurismo EV featuring more than 1,200 horsepower. Go to Source

Published March 17, 2022
Categorized as Automotive, News Site, US Motoring Press

Electric Last Mile shares plummet to $1 after company confirms SEC probe

The investigation is the latest problem for the Michigan-based company following unexpected resignations last month of both the company’s chairperson and CEO. Go to Source

Published March 14, 2022
Categorized as Automotive, News Site, US Motoring Press

Ford to address dealer concerns about separating its EV and legacy businesses

Ford will attempt to soothe dealers’ concerns over the company’s recent decision to split its EV and legacy gas-vehicle business. Go to Source

Published March 12, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford, Production/Sales News

Rivian expects to deliver a modest 25,000 vehicles this year at it ramps EV production

While investors will be monitoring last quarter’s financial results, the real focus is on the company’s guidance for this year. Go to Source

Published March 10, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Financial Results, Manufacturing, Production/Sales News

Why Ford’s big EV split decision may get even bigger in the future

Ford’s decision to separate its EV business from traditional autos stopped short of a spinoff Wall Street wanted, but that could still be in the future. Go to Source

Published March 6, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford

Chip shortage forces Ford to cut production of F-150, Bronco and other important vehicles

The cuts come a day after Ford significantly missed Wall Street’s earnings expectations due to supply chain issues, sending shares to tumble 9.7% on Friday. Go to Source

Published February 5, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Ford, Manufacturing, Production/Sales 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

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