Ford Motor Co. maintained its spot in the second quarter of 2023 as a top-selling brand and top-selling truck manufacturer in the United States, driven primarily by its internal combustion engine pickup trucks, according to the company’s sales report released Thursday. Total Ford vehicle sales climbed 11.2% to 511,538 vehicles in the second quarter of… Continue reading Ford sales climb 11% in 2nd quarter, driven by gas-powered trucks, hybrids
Category: US Motoring Press
Ford’s U.S. Sales Rose 10% in the Second Quarter
Ford Motor said Thursday that its new-vehicle sales rose 10 percent in the three months of April through June, thanks to robust demand for trucks. The automaker sold 531,662 motor vehicles, up from 483,688 in the second quarter last year, as sales of pickups, delivery vans and heavy trucks increased 26 percent. The gain in… Continue reading Ford’s U.S. Sales Rose 10% in the Second Quarter
Nikola falls short of winning shareholder support to issue new stock – but a new law may help
Nikola TRE FCEV2 Courtesy: Nikola Electric truck maker Nikola is still short of winning shareholder approval to issue new stock and has once again adjourned its annual meeting to try to win more support, the company said on Thursday. Nikola had adjourned its June 6 annual meeting until Thursday to try to drum up more… Continue reading Nikola falls short of winning shareholder support to issue new stock – but a new law may help
What Ford’s buoyant quarterly sales reveal about progress toward its ambitious EV goals
Resilient quarterly auto sales from Club name Ford Motor (F) on Thursday bolstered our confidence in the company’s transformation strategy to support its electric vehicle future. Ford reported total U.S. auto sales of 531,662 during the second quarter, a 9.9% year-over-year increase, a second straight quarterly advance. Those gains were driven by a 34% increase… Continue reading What Ford’s buoyant quarterly sales reveal about progress toward its ambitious EV goals
Nikola will soon find out whether its shareholders have approved its plan to sell more stock
Nikola TRE FCEV2 Courtesy: Nikola Electric heavy-truck maker Nikola will find out later Thursday whether its shareholders have approved its plan to raise money by selling more stock. Nikola hopes to raise more capital to help ramp up production of its new fuel-cell-powered electric heavy truck, set to launch later this month. But before it… Continue reading Nikola will soon find out whether its shareholders have approved its plan to sell more stock
NHTSA presses Tesla for more records in Autopilot safety probe
Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Chesnot | Getty Images Tesla must send extensive new records to the National Highway Traffic and Safety Administration… Continue reading NHTSA presses Tesla for more records in Autopilot safety probe
Volkswagen will start testing self-driving cars in Austin as it moves on from Argo AI
Volkswagen Group of America (VWGoA) starting its first autonomous vehicle test program in Austin beginning in July 2023. Courtesy: Volkswagen AG Volkswagen said Thursday that it will begin testing self-driving electric vehicles in Austin, Texas, later this month. The German auto giant said it will deploy about 10 of its ID Buzz electric vans equipped… Continue reading Volkswagen will start testing self-driving cars in Austin as it moves on from Argo AI
Critic of Chinese battery plant in Michigan once lobbied for Chinese lumber company
This content is only available to subscribers. Get unlimited digital access. $1 for the rest of the year. 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… Continue reading Critic of Chinese battery plant in Michigan once lobbied for Chinese lumber company
Walberg bill would bar EPA from implementing strong new emission rules
Washington — U.S. Rep. Tim Walberg, R-Tipton, introduced a bill Thursday that would bar the Environmental Protection Agency from finalizing strong new emissions standards that would push the auto industry toward electric vehicles. The legislation, dubbed the Choice in Automobile Retail Sales (CARS) Act, would also amend the Clean Air Act to say that regulations… Continue reading Walberg bill would bar EPA from implementing strong new emission rules
Stellantis signs term sheet with NioCorp for rare-earth mineral supply
Stellantis NV and a Colorado-based miner have signed a rare earth term sheet in hopes of a definitive agreement to supply domestically needed minerals for electrification. The sheet envisions an agreement for supply over 10 years of specific amounts of neodymium-praseodymium oxide, dysprosium oxide and terbium oxide that NioCorp Developments Ltd. aims to produce at… Continue reading Stellantis signs term sheet with NioCorp for rare-earth mineral supply