Ford – Page 1497 – I wish I had more to offer

CEO of GM’s Cruise driverless vehicle unit hints at offering low-cost shared rides

(Reuters) – The chief executive of autonomous vehicle company Cruise signaled on Wednesday the General Motors Co (GM.N) subsidiary intends to offer shared rides “at a radically lower cost” as part of a bid to move eventually “beyond the car.” FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen… Continue reading CEO of GM’s Cruise driverless vehicle unit hints at offering low-cost shared rides

Israel’s Delek Group sells rest of auto unit for $78 million

Earlier this week, Delek sold a 7% stake in Delek Automotive — which imports and sells Mazda, Ford, Lincoln and BMW vehicle. JERUSALEM: Israeli conglomerate Delek Group said it was selling its remaining 14.99% stake in its Delek Automotive unit to an unnamed third party for 269 million shekels ($78 million). In a regulatory filing… Continue reading Israel’s Delek Group sells rest of auto unit for $78 million

@Ford: Ford Releases 2020 Global Trend Report

Loneliness, uncertainty and the importance of trust are dominant themes in this year’s report, yet Ford’s Chief Futurist uncovers pockets of opportunity for businesses and people to connect and thrive. The 2020 Looking Further with Ford Trends Report, our 8th annual report, shows people today feel overwhelmed with the changes they see taking place in… Continue reading @Ford: Ford Releases 2020 Global Trend Report

Argo takes different road to skirt self-driving challenges

PITTSBURGH/DETROIT (Reuters) – Sky’s the limit optimism about self-driving cars is giving way to tougher questions about how expensive automotive artificial intelligence will ever make a profit. FILE PHOTO: An Argo Ai self driving prototype vehicle is seen outside a Ford and Volkswagen joint news conference in New York City, New York, U.S., July 12,… Continue reading Argo takes different road to skirt self-driving challenges

Self-driving car firms rooted in U.S. government competition

Dec 11 (Reuters) – Bryan Salesky had little way of knowing in 2007 that his teammates and rivals in a U.S. Defense Department-sponsored competition were laying the foundations for future self-driving businesses now valued at billions of dollars. Twelve years later, even some of his former Carnegie Mellon University teammates have become business competitors of… Continue reading Self-driving car firms rooted in U.S. government competition

@Ford: All-New 2020 Escape Hybrid Tops Small SUV Class with EPA-Estimated 44 MPG City, 41 MPG Combined Fuel Economy Ratings

2020 Ford Escape Hybrid equipped with front-wheel drive beats out the segment with best-in-class EPA-estimated ratings of 44 mpg city and 41 mpg combined. EPA-estimated highway rating is 37 mpg; actual mileage will vary Front-wheel-drive Escape Hybrid has an EPA-estimated range of 582 miles per tank – more than enough for a one-way trip from… Continue reading @Ford: All-New 2020 Escape Hybrid Tops Small SUV Class with EPA-Estimated 44 MPG City, 41 MPG Combined Fuel Economy Ratings

Vietnam’s VinFast eyes US market – New Straits Times

VIETNAMESE auto startup VinFast plans to invest up to US$2 billion (RM8.32 billion) to break into the lucrative United States auto market. Vietnam’s richest man and billionaire Pham Nhat Vuong, who is charge of the new automaker, is so intent on exporting electric vehicles to the US in 2021 that he’s using his own funds… Continue reading Vietnam’s VinFast eyes US market – New Straits Times

Supercars: Holden to Stop Production of the Commodore in 2020 – Motorsport Radio

Holden are to stop production of the iconic Commodore from 2020, the manufacturer has announced. The model holds over 40 years of history, and has been an integral part of the ATCC and Supercars championships for decades. The current ZB Commodore running in Supercars is expected to remain in the series until the end of… Continue reading Supercars: Holden to Stop Production of the Commodore in 2020 – Motorsport Radio

Ark Invest’s Cathie Wood Talks Tesla Cybertruck

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Published on December 10th, 2019 |

by Johnna Crider

Ark Invest’s Cathie Wood Talks Tesla Cybertruck

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December 10th, 2019 by Johnna Crider

Cathie Wood, founder of Ark Invest, yesterday sat down with CNBC’s SqawkTalk to talk about the Tesla Cybertruck. Tesla, which is the top holding in several of Ark’s funds, has Elon Musk as its CEO, and it’s natural the anchor wanted to know about what Wood’s thoughts were on the Cybertruck, as well as on other matters such as the defamation trial where Elon was found not guilty.

Cathie Wood dives right into her thoughts on the Cybertruck. She says that she has looked at it from many different angles and that it far surpasses other trucks. When it comes to comparing the Cybertruck to the Ford F-150, Cathie says, “There’s just no comparison.” The anchor asked what I thought was a good question: “Do you think it is for people who would have bought a brand new Ford F-150 or is this a brand new market?”

Cathie Wood explains that Ark Invest performed a Google Trends analysis about the excitement of the Tesla Cybertruck compared to the early days of the Model 3 and what Ark has seen is that the excitement is in the areas you would want it to be — in the Midwest and rural areas. Cathie also says that she thinks that the Cybertruck will be a significant competitor to the Ford F-150. Further, other electric vehicle makers will have to sell their vehicles either at a loss or a higher price since Tesla is able to produce its own batteries and is lowering its overall cost in making electric vehicles.

When it comes to the geographic areas where people were the most excited about the Cybertruck, this is a good thing for Tesla. The Midwest and rural areas often have a much higher number of pickup drivers, and seeing these areas get excited about Tesla’s Cybertruck tell us that, like the rest of the auto industry, Tesla will be a game changer for the pickup industry.
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About the Author

Johnna Crider Johnna Crider is a Baton Rouge artist, gem and mineral collector, and Tesla shareholder who believes in Elon Musk and Tesla. Elon Musk advised her in 2018 to “Believe in Good.”

Tesla is one of many good things to believe in. You can find Johnna on Twitter

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@Ford: Mass Navigation: How Ford Is Exploring the Quantum World with Microsoft to Help Reduce Congestion

By Dr. Ken Washington, Chief Technology Officer, Ford Motor Company Our connected world has helped billions of people improve their lives in numerous ways such as offering instant access to information, enhancing health care, providing new ways to watch movies or experience music, and equipping our homes with smart speakers. Yet with all these advancements, many… Continue reading @Ford: Mass Navigation: How Ford Is Exploring the Quantum World with Microsoft to Help Reduce Congestion