General Motors has added former Tesla and Lyft executive Jonathan McNeill to its board of directors. In a news release, GM noted McNeill’s credentials as an entrepreneur and venture capital investor. He co-founded and is CEO of DVx Ventures, “a venture firm focused on creating and scaling breakthrough businesses that will have a positive impact… Continue reading GM adds former Tesla, Lyft executive Jonathan McNeill to board
Category: US Motoring Press
3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines
Three Club holdings — Ford (F), Disney (DIS) and Starbucks (SBUX) — were in the news Tuesday. Here’s our take on the headlines. The news: Ford announced a year-over-year sales decline of 8.9% in September. But with numbers from the final month of the third quarter in, the company’s sales on a quarterly basis rose… Continue reading 3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines
Ford’s sales up 16% in third quarter, despite September decline
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor on Tuesday said its sales in the third quarter increased about 16% compared with a year earlier, despite a larger-than-expected decline in September. The Detroit automaker, which reports sales monthly, said it sold 142,644 vehicles last month,… Continue reading Ford’s sales up 16% in third quarter, despite September decline
GM adds former Lyft and Tesla executive Jon McNeill as board member
A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT – General Motors on Tuesday said it is adding Jon… Continue reading GM adds former Lyft and Tesla executive Jon McNeill as board member
Ford sales up in third quarter but down in September on supply issues
Ford Motor Co.’s sales fell nearly 9% year-over-year in September amid continued supply constraints but were up 16% in the third quarter, according to sales numbers released Tuesday. The Dearborn automaker sold 142,644 vehicles in the U.S. last month, down 8.9% from September 2021. For the quarter, Ford sold 464,674 vehicles — below some analysts’… Continue reading Ford sales up in third quarter but down in September on supply issues
GM adds venture capital investor, former Tesla exec to board of directors
General Motors Co. has added entrepreneur and venture capital investor Jonathan McNeill, 55, the co-founder and CEO of DVx Ventures, to its board of directors, the company said Tuesday. McNeill in 2019 founded DVx, which focuses on helping businesses that will have a positive impact on the world. Prior to that, McNeil was chief operating… Continue reading GM adds venture capital investor, former Tesla exec to board of directors
GM, Stellantis sales point to higher prices and interest rates, low supply
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 e-Edition, 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 GM, Stellantis sales point to higher prices and interest rates, low supply
For new-car buyers in a tight market, the waiting is the hardest part
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 e-Edition, 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 For new-car buyers in a tight market, the waiting is the hardest part
Plug-in Car Grant extended by 18 months for dealer orders
The Office for Zero Emission Vehicles (OZEV) has extended the Plug-in Car Grant (PiCG) for dealer orders by 18 months, due to the impact of supply issues on car production. The grant, which saved customers up to £1500 on the purchase of EVs priced at less than £32,000, was axed with immediate effect earlier this year.… Continue reading Plug-in Car Grant extended by 18 months for dealer orders
Hardcore Alpine A110 R is stiffer, lighter track car
Drivetrain changes are comparatively subtle. The R uses the same 296bhp turbo 1.8-litre four-pot engine and seven-speed wet-clutch automatic gearbox as the S, although the exhaust has been tweaked to give “a roar that is readily recognisable as a sound signature worthy of the Alpine name”. The aero and weight modifications add up to tangible… Continue reading Hardcore Alpine A110 R is stiffer, lighter track car