After earnings miss, Ford execs discuss how to fix $7B-$8B cost disadvantage

Ford Motor Co. executives on Wednesday provided greater insight into costs that are weighing on the Dearborn automaker’s financial results, with CEO Jim Farley saying “fundamental change” is needed, especially around how vehicles are engineered, sourced and built. Those costs add up to a $7 billion to $8 billion disadvantage for Ford compared with its… Continue reading After earnings miss, Ford execs discuss how to fix $7B-$8B cost disadvantage

Ford to keep F-150 Lightning plant down through at least next week

Ford Motor Co. said Wednesday it will keep production of the F-150 Lightning down through at least the end of next week as it continues to probe a battery issue with the popular electric pickup. The update came a day after the Dearborn automaker confirmed it had halted production and stopped shipments of the vehicle… Continue reading Ford to keep F-150 Lightning plant down through at least next week

Corvette production to be down for a week

General Motors Co.’s Bowling Green Assembly Plant where the Chevrolet Corvette is manufactured will be down the week of Feb. 20 due to an unspecified temporary parts shortage not related to semiconductors, the automaker confirmed on Wednesday. Production is set to resume on Feb. 27. The Kentucky plant makes the Chevrolet Corvette Stingray and Corvette… Continue reading Corvette production to be down for a week

Cadillac to reveal three more EVs in 2023

Cadillac, in its bid to be all-electric by 2030, will reveal three new electric vehicles this year that should go into production in calendar year 2024, Cadillac Vice President Rory Harvey said during a Wednesday business update. General Motors Co.’s luxury brand didn’t provide details on what markets the EVs will be for or when… Continue reading Cadillac to reveal three more EVs in 2023

Tesla to open up a portion of its charging network to all EVs

This content is only available to subscribers. Get unlimited digital access. $1 for 3 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 Tesla to open up a portion of its charging network to all EVs

Snows acquires Vauxhall and Citroen dealerships from J Davy

Snows Motor Group is set to open new Vauxhall and Citroen dealerships in Basingstoke. The two businesses have been acquired from J Davy. Snows now has three Vauxhall dealerships: sister sites in Southampton and Chandlers Ford joined the group last year. Citroen rejoins the company as a manufacturer, with the newly acquired Basingstoke business running… Continue reading Snows acquires Vauxhall and Citroen dealerships from J Davy

German FAZ: Tesla opens American charging network005240

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German FAZ: Working on the cut fiber optic cable +++ “AWO ignores tariff” 005242

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German FAZ: Seven sells005241

No roof, no windows, no doors: Caterham Seven 170 R driving machine Image: Thomas Geiger In no other sports car is driving experienced as intensively as in a Caterham Super Seven. You have to be very newly in love to have such intense sensory experiences in any other activity. Its displacement is smaller than that… Continue reading German FAZ: Seven sells005241