The auto industry’s been grappling with one challenge after another the last few years. More recently, vehicle availability caused by supply chain ripples and parts shortages has been an issue, prompting some consumers to consider vehicles that might not be their first choice or leading them to lengthy waiting lists. But never fear, say the… Continue reading Jeep, Ram, Dodge, Chrysler models that are most available right now
Category: US Motoring Press
Ford Lost Money in the Third Quarter as Costs Surged
The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business. Go to Source
Rishi Sunak, New UK Prime Minister, Delays Economic Plan
Mr. Sunak’s government, seeking more time to make the “right decisions,” will deliver its first economic plan on Nov. 17 instead of Monday. Go to Source
Mercedes-Benz says car prices are ‘well-supported’ in China after Tesla cuts prices of its EVs
2022 Mercedes-Benz EQS EV Mercedes-Benz Mercedes-Benz finance chief on Wednesday told CNBC the automaker’s pricing of its cars in China is “well-supported” after U.S. electric vehicle giant Tesla slashed prices. “We definitely see the demand being well but also we see the pricing levels we put into the market being well-supported in the market in… Continue reading Mercedes-Benz says car prices are ‘well-supported’ in China after Tesla cuts prices of its EVs
Ford reveals third-quarter net loss, weighed down by supply chain problems and Argo AI investment
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor recorded a net loss of $827 million during the third quarter, weighed down by supply chain problems and costs related to disbanding its autonomous vehicle unit Argo AI. Still, the automaker was able to narrowly beat Wall Street’s subdued expectations for the period and guided… Continue reading Ford reveals third-quarter net loss, weighed down by supply chain problems and Argo AI investment
Magna gets $10.2M in state grants to expand in Michigan, add 1,500 jobs
The Michigan Strategic Fund board approved Tuesday a total $10.2 million in state program grants for Magna International Inc. as the automotive supplier seeks to expand its footprint in Michigan and create more than 1,500 jobs. Companies under Magna International, Inc. applied for two new Michigan Business Development Program grants for projects in Highland Park… Continue reading Magna gets $10.2M in state grants to expand in Michigan, add 1,500 jobs
Ford, Volkswagen to absorb autonomous vehicle partner Argo AI
Ford Motor Co. and Volkswagen AG will absorb their autonomous vehicle partner, Argo AI, in a move that demonstrates the difficulties of success in the self-driving space, experts say. The move — driven in part by Argo’s inability to attract new investors — will shut down the Pennsylvania-based startup founded by two Michigan natives that… Continue reading Ford, Volkswagen to absorb autonomous vehicle partner Argo AI
Volkswagen will make only electric cars in Europe within next 10 years
This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Volkswagen will make only electric cars in Europe within next 10 years
Ford sells stake in Russia business, joining carmaker exodus
This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Ford sells stake in Russia business, joining carmaker exodus
GM: All American sites will be powered with renewables by 2025
General Motors Co. said Wednesday that based on current projections, it will be able to power all of its U.S. sites with renewable energy by 2025 — five years ahead of its previous target of 2030. The automaker announced last September it would push to source all renewables for U.S. sites by 2025 after saying… Continue reading GM: All American sites will be powered with renewables by 2025