Category: US Motoring Press

Stolen Ford F-150s sold with clean titles in million-dollar ploy from Michigan to Arizona

A string of new Ford F-150s stolen directly from holding lots in recent months has triggered a cascade of misfortune for customers, dealers, title companies and others across the western United States, the Free Press has learned.  The problems center on 14 such vehicles stolen late last year in metro Detroit, but a trove of… Continue reading Stolen Ford F-150s sold with clean titles in million-dollar ploy from Michigan to Arizona

What Tesla charging partnerships with Ford and GM mean for the EV industry

TESLA logo on a charging station at on May 26, 2023 in Merklingen, Germany.  Harry Langer/ | Defodi Images | Getty Images In a matter of weeks, Ford Motor, General Motors and Tesla appear to have shifted the tide on electric vehicle charging infrastructure in North America. Tesla owners have long enjoyed reliable charging away… Continue reading What Tesla charging partnerships with Ford and GM mean for the EV industry

One of our recent top-performers is not in tech. Here’s how the stock has been creeping higher

One of our best-performing stocks over the past month may come as a surprise — especially given all the market excitement around the current artificial intelligence-fueled rally, which has largely been confined to a select few mega-cap tech names. It’s Ford (F), whose stock has jumped 15% since its $12-per-share close on May 8. The… Continue reading One of our recent top-performers is not in tech. Here’s how the stock has been creeping higher

Tesla on track to match its longest winning streak on heels of GM charging deal

Tesla’s stock is on track to match its longest winning streak of 11 straight days in the green, should it end the day positive Friday. The last time the stock was up for so long was in January 2021. The stock was up about 7% as of Friday morning. related investing news Tesla’s charging partnerships… Continue reading Tesla on track to match its longest winning streak on heels of GM charging deal

GM CEO Mary Barra says Tesla charging deal will save the automaker up to $400 million

watch now DETROIT — General Motors CEO Mary Barra said a charging deal with Tesla announced Thursday will save the automaker up to $400 million of a planned investment in building out EV charging in the U.S. and Canada. GM said in October 2021 it planned to spend $750 million on electric vehicle-charging infrastructure in… Continue reading GM CEO Mary Barra says Tesla charging deal will save the automaker up to $400 million

All over the world, buses are quickly and quietly going electric.

This content is only available to subscribers. Get unlimited digital access. $1 a week for the first 52 weeks. 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… Continue reading All over the world, buses are quickly and quietly going electric.

Tesla set for $3 billion boost from chargers at rivals’ expense

This content is only available to subscribers. Get unlimited digital access. $1 a week for the first 52 weeks. 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… Continue reading Tesla set for $3 billion boost from chargers at rivals’ expense

Unveiled: Mustang GT3 will race for 2024 Le Mans glory

Corvette, Cadillac, Porsche, Ferrari, Aston Martin, Toyota GR. The world’s top performance brands have converged on France this weekend to compete for auto racing’s premier endurance title, the 24 Hours of Le Mans. Next year a pony will join them. Ford unveiled the Mustang GT3 race car Friday for the 2024 race season ahead of… Continue reading Unveiled: Mustang GT3 will race for 2024 Le Mans glory

TVS Credit secures Rs 480 crores investment from Premji Invest to fuel growth strategies

TVS Credit Services, a prominent NBFC in India, has announced the successful raise of Rs. 480 crores in equity capital from Premji Invest. In this transaction, Premji Invest will acquire a 9.7% equity stake in TVS Credit for Rs. 737 crores through a combination of primary and secondary investments. The primary capital raised will be… Continue reading TVS Credit secures Rs 480 crores investment from Premji Invest to fuel growth strategies