watch now DETROIT – Ford Motor is increasing production of its Bronco SUV and Ranger pickup, while cutting output of its all-electric F-150 Lightning, the automaker said Friday. Ford said the production changes are intended to match output with customer demand. They mark the latest cuts or delays to production of EVs amid slower-than-expected customer… Continue reading Ford cuts production of F-150 Lightning EV, adds jobs at Bronco and Ranger plant
Author: CNBC Online news
Ford cuts production of F-150 Lightning EV, adds jobs at Bronco and Ranger plant
watch now DETROIT – Ford Motor is increasing production of its Bronco SUV and Ranger pickup, while cutting output of its all-electric F-150 Lightning, the automaker said Friday. Ford said the production changes are intended to match output with customer demand. They mark the latest cuts or delays to production of EVs amid slower-than-expected customer… Continue reading Ford cuts production of F-150 Lightning EV, adds jobs at Bronco and Ranger plant
This startup has a different take on driverless cars. Now it’s launching in the U.S.
Vay operates what’s called a “teledriving” service, where a car is driven remotely by a human rather than by a computer. Vay German startup Vay on Wednesday launched its so-called “teledriving” solution in the U.S. for the first time, putting the company into direct competition with more richly funded and valuable American firms in the… Continue reading This startup has a different take on driverless cars. Now it’s launching in the U.S.
Cars are one of the few purchases Gen Z is reluctant to make online. Here’s why that can be smart
Momo Productions | Digitalvision | Getty Images Growing up in the age of the internet and technology, online shopping is second nature for Gen Zers. One-third, 32%, of Gen Z consumers shop online at least once a day, according to data from marketing firm Tinuiti. Yet, 80% of Gen Z drivers prefer to buy a… Continue reading Cars are one of the few purchases Gen Z is reluctant to make online. Here’s why that can be smart
Tesla slashes car prices across Europe after similar cuts in China
Tesla Model Y, equipped with FSD system. Three front facing cameras under windshield near rear view mirror. Mark Leong | The Washington Post | Getty Images Tesla on late Tuesday trimmed prices for its Model Y cars across several countries in Europe, a week after announcing similar price cuts for its Model 3 and Model… Continue reading Tesla slashes car prices across Europe after similar cuts in China
China’s BYD launches AI-powered smart car technology to better compete with rivals
Visitors look at an BYD Seal U electric car of Chinese car brand BYD at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images BYD launched its AI-powered smart car system on Tuesday as the world’s largest electric car maker seeks… Continue reading China’s BYD launches AI-powered smart car technology to better compete with rivals
Classic car auction site Bring a Trailer sales hit record $1.4 billion even as prices drop
1967 Porsche 910 Source: Bringatrailer.com Bring a Trailer, the popular online auction site for collectible cars, posted record sales in 2023, even as classic-car prices hit the skids. Bring a Trailer’s sales increased about 2% last year to over $1.4 billion from $1.35 billion in 2022, according to the company’s CEO Randy Nonnenberg. Bring a… Continue reading Classic car auction site Bring a Trailer sales hit record $1.4 billion even as prices drop
Elon Musk wants more control of Tesla, seeks 25% voting power
Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023. Tolga Akmen | Bloomberg | Getty Images Tesla and SpaceX CEO Elon Musk, who also owns the social network X (formerly known as… Continue reading Elon Musk wants more control of Tesla, seeks 25% voting power
10 years in, GM CEO Mary Barra has built her legacy on change and crisis. 2024 will bring new tests
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images DETROIT — Monday marks 10 years of Mary Barra’s tenure as CEO of General Motors, ushering in a crucial year for… Continue reading 10 years in, GM CEO Mary Barra has built her legacy on change and crisis. 2024 will bring new tests
Ford could do 2 things to really shine in a challenging 2024 for the auto industry
A Ford F-150 Lightning Platinum electric truck during the 2022 New York International Auto Show (NYIAS) in New York, U.S., on Thursday, April 14, 2022. The NYIAS returns after being cancelled for two years due to the Covid-19 pandemic. Michael Nagle | Bloomberg | Getty Images Go to Source