SHANGHAI, CHINA – SEPTEMBER 06: Aerial view of Tesla vehicles waiting to be loaded on board a roll-on-roll-off cargo vessel at Nangang port on September 6, 2023 in Shanghai, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Tesla shares rose more than 10% Monday after a Morgan Stanley upgrade,… Continue reading Tesla shares soar 10% after Morgan Stanley upgrade
Category: US Motoring Press
Oracle reports earnings after the bell. Here’s where Jim Cramer is on the stock
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks were higher to kick off the week, especially the Nasdaq, as Club name Apple (AAPL) stabilized after last week’s decline on China concerns. Jim Cramer is out in San Francisco… Continue reading Oracle reports earnings after the bell. Here’s where Jim Cramer is on the stock
How electrified roads could help fix America’s electric vehicle charging problem
Electric vehicles are taking up an increasing percentage of the overall auto market share every year — rising from 4% in 2020 to 14% last year. Among the holdouts, a lack of charging infrastructure seems to be one of consumers’ most common reasons for not switching from gas to electric vehicles. But now, electric road… Continue reading How electrified roads could help fix America’s electric vehicle charging problem
Seat massages, smartphones and driverless features: Automakers turn to tech to take on Tesla
Amazon was among a number of technology companies at the IAA motor show in Munich. The presence of Amazon, Qualcomm, Samsung and other tech giants underscores how traditional automakers are looking to bolster the tech in their cars. Arjun Kharpal | CNBC MUNICH — You’d be forgiven for thinking that the IAA, one of the… Continue reading Seat massages, smartphones and driverless features: Automakers turn to tech to take on Tesla
Everything you need to know about Detroit’s auto show: Rides, reveals and electrics
Detroit — Indoor and outdoor test tracks, 35 brands, a new Ford F-150, even a Jeep kids test track is in the house. After a couple of experimental transition years, the fall Detroit auto show is finding its lane in a new auto exhibition era. The annual Detroit auto show circus opens at Huntington Place… Continue reading Everything you need to know about Detroit’s auto show: Rides, reveals and electrics
BMW to build new electric Mini in England after government approves investment
London — BMW announced plans Monday to transform its Mini factory in Oxford, England, to produce nothing but electric vehicles, protecting thousands of jobs at a site that has been making cars for more than 100 years. The German automaker said it would invest 600 million pounds ($751 million) in the project, allowing the factory to… Continue reading BMW to build new electric Mini in England after government approves investment
Stellantis says UAW talks ‘on a good path’ to avoid strike
Jeep maker Stellantis NV said Monday it has reached tentative agreements with the United Auto Workers on health and safety measures as a part of a new labor contract and was submitting its second economic proposal to the union. The company declined to share details of the counter ahead of the Thursday evening expiration date… Continue reading Stellantis says UAW talks ‘on a good path’ to avoid strike
Temps, tiers take center stage in UAW negotiations. What’s at stake
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics from Chad Livengood,… Continue reading Temps, tiers take center stage in UAW negotiations. What’s at stake
New 2024 Alfa Romeo small SUV shown in leaked images
Images of Alfa Romeo’s small electric SUV have leaked ahead of its arrival at the beginning of 2024 when it will become the entry point to the firm’s new-era line-up. Serving as an indirect replacement for the Mito supermini, it was originally known as the Brennero but is now confirmed to take another name into showrooms. It will sit beneath the Tonale crossover… Continue reading New 2024 Alfa Romeo small SUV shown in leaked images
Stellantis to halve battery weight in bid to match ICE and EV heft
Stellantis is targeting a 50% weight reduction in batteries by 2030 in a bid to lighten electric cars nearer to their combustion-engined equivalents. “The battery today is just too heavy; the vehicle is too heavy. We shouldn’t be going backwards,” said Ned Curic, head of engineering and technology, at the opening of the company’s new… Continue reading Stellantis to halve battery weight in bid to match ICE and EV heft