While Tesla has scrapped plans to reduce the size of the Cybertruck, Elon Musk now says that the automaker is ‘highly likely’ to make a smaller version of the electric pickup for Europe. Smaller Tesla Cybertruck Not long after unveiling the Cybertruck prototype last year, Musk started talking about making the electric pickup smaller to… Continue reading Tesla is ‘highly likely’ to make smaller Cybertruck for Europe, says Elon Musk
Tag: Ford
Ford’s Farley to replace Hackett as CEO, focusing on growth, acceleration
Ford Motor Co.’s Jim Farley will replace Jim Hackett as CEO on Oct. 1, capping a leadership transition that was telegraphed in February by Farley’s promotion to chief operating officer amid chronic dissatisfaction with performance of Ford shares. The 58-year-old Farley — an auto industry veteran with a background in marketing and an eye on the… Continue reading Ford’s Farley to replace Hackett as CEO, focusing on growth, acceleration
@Ford: Ford to Host Media Conference Call Today: Jim Farley to Succeed Hackett as Company Continues Transformation
About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving… Continue reading @Ford: Ford to Host Media Conference Call Today: Jim Farley to Succeed Hackett as Company Continues Transformation
@Ford: Ford Announces Jim Hackett to Retire as President and CEO; Jim Farley to Succeed Hackett as Company Continues Transformation
Jim Hackett, who has led Ford Motor Company’s transformation since 2017 as president and CEO, has elected to retire from the company Jim Farley, currently chief operating officer, becomes president and CEO of Ford effective Oct. 1. He was also elected to the Ford board of directors. He will work closely with Jim Hackett on… Continue reading @Ford: Ford Announces Jim Hackett to Retire as President and CEO; Jim Farley to Succeed Hackett as Company Continues Transformation
Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group
Stoneacre Motor Group has continued to drive past its former £1 billion turnover growth target with the acquisition of the Hodgson Newcastle Ltd car dealership group. The AM100 retail group told AM that the acquisition had been postponed following the outbreak of COVID-19 coronavirus but was completed last week under the deal’s initial terms. “A… Continue reading Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group
Elon Musk says Tesla will create a normal pickup truck if the Cybertruck doesn’t sell, as a ‘fallback strategy’ (TSLA)
Despite hundreds of thousands of Cybertruck pre-orders, Elon Musk told Automotive News that Tesla will build a “normal truck, no problem” if people don’t buy the unique design. An exact number or pre-orders isn’t known. Musk has previously said Tesla had crossed 200,000 pre-orders since the Cybertruck was revealed in November, but a Wedbush analyst… Continue reading Elon Musk says Tesla will create a normal pickup truck if the Cybertruck doesn’t sell, as a ‘fallback strategy’ (TSLA)
As Sales Rise, Automakers Ramp Up Production
Just two months ago, the auto industry was bracing for disaster. As the coronavirus spread, automakers shut down plants, and car sales plunged. But the industry is starting to breathe a little easier. Factories are churning out trucks and sport utility vehicles, with many of the plants nearly back to production levels that prevailed before… Continue reading As Sales Rise, Automakers Ramp Up Production
Lordstown Motors to merge with acquisition company, go public
Detroit — Electric vehicle startup Lordstown Motors Corp. and DiamondPeak Holdings Corp. have entered into a $1.6 billion merger agreement that will result in Lordstown becoming publicly listed, the two companies said Monday. Lordstown’s merger with the special purpose acquisition company is viewed as a way to aid in the development of Lordstown’s all-electric pickup truck, the Endurance, which was unveiled… Continue reading Lordstown Motors to merge with acquisition company, go public
MG-Badged Roewe Ei5 To Become Europe’s First All-Electric Wagon
There are very few battery electric wagons currently available to buy, all of which are in China, but one is going to make its way to Europe where it will be an utterly unique proposition. The Roewe Ei5 will be sold in the United Kingdom as the MG 5 beginning Q4 2020, where it will… Continue reading MG-Badged Roewe Ei5 To Become Europe’s First All-Electric Wagon
@Ford: New FordPass Rewards Visa Card Designed to Offer Ultimate Benefits for Drivers, Lower Cost of Vehicle Ownership
Ford is launching the FordPass™ Rewards Visa® Card as the next step in expanding its 4.6-million strong customer loyalty program In collaboration with First National Bank of Omaha and Visa, the FordPass Rewards Visa Card offers the highest earn rate among automotive cards, is the most comprehensive card for automotive expenses, and is the only… Continue reading @Ford: New FordPass Rewards Visa Card Designed to Offer Ultimate Benefits for Drivers, Lower Cost of Vehicle Ownership