Drivers charge their Teslas in Fountain Valley, CA, on Wednesday, March 20, 2024. Jeff Gritchen | Medianews Group | Getty Images Tesla said on Friday that it’s cutting the subscription price of its premium driver assistance system for customers in the U.S. Marketed as its Full Self-Driving, or FSD, package, Tesla customers will now pay… Continue reading Tesla slashes price of its premium driver assistance option by half in U.S.
Author: CNBC Online news
90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
Maskot | Maskot | Getty Images The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the car dealer instead of waiting until tax season, according to new Treasury Department data. About 90% of consumers who qualify for a “new clean vehicle” tax credit —… Continue reading 90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
Ford stock can go higher by taking a page of out Detroit rival GM’s playbook
Ford needs to close the gap with General Motors . We think Ford can do it by following GM’s lead on buybacks — plus, refining its mix of electric vehicles and hybrids as well as reining in warranty expenses. Shares of Club name Ford have gained about 7% year to date, lagging by far the… Continue reading Ford stock can go higher by taking a page of out Detroit rival GM’s playbook
Ford prepares to resume F-150 Lightning shipments, drops prices on some models
The F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DEARBORN, Mich. — Ford Motor is lowering the starting prices of some all-electric F-150 Lightning pickup trucks as it prepares to resume shipping the vehicles after quality issues. The included models are expected to ship… Continue reading Ford prepares to resume F-150 Lightning shipments, drops prices on some models
Why car insurance costs are skyrocketing and leading to higher inflation
RobertCrum | Getty Images DETROIT – Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in March and are adding to the ever more expensive costs for U.S. vehicle owners. On a monthly basis, car insurance prices as part of the consumer price index rose by an unadjusted 2.7%, while the… Continue reading Why car insurance costs are skyrocketing and leading to higher inflation
Toyota’s first new 4Runner SUV in 15 years will offer a hybrid engine
2025 Toyota 4Runner TRD Pro Toyota Toyota Motor revealed a new 4Runner SUV for the first time in nearly 15 years — completing a recent redesign of the automaker’s current trucks and SUVs. Aside from its new looks, which are similar to the recently redesigned Toyota Tacoma pickup, the 2025 4Runner will be offered with… Continue reading Toyota’s first new 4Runner SUV in 15 years will offer a hybrid engine
GM’s Cruise to relaunch vehicles with human drivers in Phoenix
A Cruise vehicle in San Francisco on Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images General Motors’ Cruise self-driving vehicle unit will redeploy cars on U.S. roadways Tuesday for the first time since October, beginning with a small fleet of human-driven vehicles in Phoenix, the company said. The relaunch comes after the… Continue reading GM’s Cruise to relaunch vehicles with human drivers in Phoenix
GM continues reinvention of Buick brand with new Enclave SUV
2025 Buick Enclave GM WARREN, Mich. — General Motors has redesigned Buick’s flagship Enclave SUV as the latest testament to the automaker’s ongoing reinvention of the roughly 125-year-old brand. The updates to the 2025 Enclave — from new tech to exterior to interior redesigns — complete Buick’s refresh of its current four-vehicle lineup. In 2022,… Continue reading GM continues reinvention of Buick brand with new Enclave SUV
Tesla settles lawsuit over Autopilot crash that killed Apple engineer
A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. S. Engleman | Via Reuters Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with Autopilot… Continue reading Tesla settles lawsuit over Autopilot crash that killed Apple engineer
China says innovations, not subsidies, are powering EV edge as Yellen raises ‘overcapacity’ concerns
Newly launched BYD Seal is displayed during the launch of the Chinese-made BYD brand in Jakarta, on January 18, 2024, and at the same time introduced 2 other types of battery-powered vehicles (EV, electric vehicle) that will be sold in Indonesia, with an investment of 1.3 billion US dollars. (Photo by BAY ISMOYO / AFP)… Continue reading China says innovations, not subsidies, are powering EV edge as Yellen raises ‘overcapacity’ concerns