A lot of confusion swirls around car buying now, what with preorders and back orders and parts shortages. But what everyone understands is the unrelenting demand for new vehicles. “It’s crazy,” said Thad Szott, whose dealerships sell Ford, Toyota, Chrysler, Dodge, Jeep and Ram Trucks in Holly, Highland, New Hudson, White Lake and Waterford. “Our… Continue reading Ford has 3 vehicles you can find easily. For almost anything else, prepare to wait.
Category: US Motoring Press
GM reports revenue and income surge, but challenges remain
General Motors released its third-quarter earnings results Tuesday. Here are the key takeaways: The quarter in a snapshot The automaker that owns the Chevrolet, Buick, GMC and Cadillac brands reported a $15 billiongain in revenue to $42 billion compared with the year-ago quarter as parts constraints loosened and new-vehicle inventory improved. GM said its net… Continue reading GM reports revenue and income surge, but challenges remain
2023 Toyota Crown returns to US lineup with familiar shape, but 1 feature feels intrusive
The 2023 Toyota Crown is a security blanket disguised as a large sedan, a reassuring automotive hug to drivers discomfited by heavy traffic and the shift from cars to SUVS. Its familiar four-door profile and trunk hide a pair of SUVs’ most popular characteristics — all-wheel drive for slippery roads and 4.1 inches more height… Continue reading 2023 Toyota Crown returns to US lineup with familiar shape, but 1 feature feels intrusive
Woman killed in forklift crash at supplier to Detroit Three
A 25-year-old New Haven woman has been killed in a forklift crash at a Sterling Heights auto supplier plant, according to police. The body of the woman, whose name has not been released, was at the Macomb County Medical Examiner’s Office, awaiting an autopsy Monday afternoon, according to staff there. The woman was driving a… Continue reading Woman killed in forklift crash at supplier to Detroit Three
How a Quebec Lithium Mine May Help Make Electric Cars Affordable
The project also illustrates how difficult it is to get lithium out of the ground and break China’s dominance in processing the metal and turning it into batteries. Go to Source
Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.
The public offering values the luxury sports car maker at up to $75 billion. Go to Source
South Korea, U.S. in ‘intense conversation’ over EV tax credits, ambassador says
Hyundai executives and government officials break ground on the automaker’s new “Metaplant America” in Bryan County, Georgia, on Tues., Oct. 25, 2022. CNBC | Michael Wayland SAVANNAH, Ga. – South Korean officials are working closely with the U.S. government to adjust restrictive regulations on electric vehicles under the recently passed Inflation Reduction Act, according to… Continue reading South Korea, U.S. in ‘intense conversation’ over EV tax credits, ambassador says
Ford unveils 2023 Escape to sell alongside Bronco Sport in highly competitive compact SUV segment
2023 Ford Escape ST-Line Elite Ford DETROIT — Ford Motor is updating its popular Escape as part of a two-pronged sales strategy alongside the newer, more rugged Bronco Sport in the highly competitive compact SUV segment. Ford expects the new design of the 2023 Escape, in combination with additional convenience and safety technologies, to help… Continue reading Ford unveils 2023 Escape to sell alongside Bronco Sport in highly competitive compact SUV segment
France enters ‘white gold’ rush as top producer aims to supply Europe with lithium
A Lithium-ion battery photographed at a Volkswagen facility in Germany. The EU is looking to increase the number of electric vehicles on its roads in the coming years. Ronny Hartmann | AFP | Getty Images Paris-headquartered minerals giant Imerys plans to develop a lithium extraction project that it’s hoped will help meet demand and secure… Continue reading France enters ‘white gold’ rush as top producer aims to supply Europe with lithium
General Motors posts big third-quarter earnings beat but holds full-year guidance steady amid ‘headwinds’
watch now DETROIT – General Motors easily beat Wall Street’s earnings expectations during the third quarter, while signaling caution and confirming its full-year results are likely to come in near the “midpoint” of its previously announced forecast. The Detroit automaker on Tuesday stressed that demand for its products remains strong despite outside economic concerns and… Continue reading General Motors posts big third-quarter earnings beat but holds full-year guidance steady amid ‘headwinds’