GM is reinstating a quarterly cash dividend and increasing the size of its opportunistic share repurchases to $5 billion of common stock. Go to Source
Author: CNBC Online news
Take a look at Ford’s futuristic vision for its luxury Lincoln brand
Ford on Thursday unveiled the Model L100, a sleek, futuristic concept car to showcase the company’s vision for its Lincoln luxury brand. Go to Source
Dodge unveils new electric muscle car concept that could replace the Challenger and Charger
Dodge on Wednesday unveiled a new concept car called the Charger Daytona SRT as a preview of its first all-electric muscle car, expected in 2024. Go to Source
Dodge’s first electrified vehicle will be a new crossover called the Hornet
The first electrified vehicle for Stellantis’ Dodge brand will be a plug-in hybrid crossover called the Hornet, a resurrected name of a 1970s station wagon. Go to Source
Financing a new car? Here’s how much you can save thanks to a good or excellent credit score
For a five-year, new-car loan of $45,000, buyers with excellent credit scores generally can save thousands of dollars by qualifying for lower interest rates. Go to Source
Polestar will launch a hot new electric roadster — but not until 2026
Polestar said it will build a version of its popular O2 roadster show car. Production won’t start until 2026, but interested buyers can reserve now. Go to Source
SoftBank-backed Ola to launch first electric car in 2024
Ola’s venture into India’s electric car market will see it compete with companies like Tata Motors. Go to Source
Dodge will discontinue its Challenger and Charger muscle cars next year
Dodge will discontinue its gas-powered Challenger and Charger muscle cars at the end of next year, as the brand transitions to electric vehicles. Go to Source
Drivers are paying an average $702 monthly for new cars: Here’s why that record high was ‘inevitable,’ says analyst
With interest rates rising and the average transaction price on a new car just below $46,000, consumers may want to explore ways to keep costs down. Go to Source
Elon Musk says Tesla has made over 3 million cars
“Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M,” Musk tweeted. Go to Source