Autos
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 […]
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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, […]
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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 […]
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General Motors says sales rose 24% in the third quarter
People look at the Cadillac Lyriq electric vehicle at the Cadillac booth at the North American International Auto Show in Detroit, Michigan on September 14, 2022. Geoff Robins | AFP | Getty Images DETROIT – General Motors’ third-quarter vehicle sales increased 24% compared to a year ago, when supply chain issues weighed more heavily on […]
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Wall Street analysts are divided after Tesla’s third-quarter deliveries miss
Wall Street analysts were divided on electric vehicle maker Tesla after it posted its latest production and delivery numbers. Shares of Tesla were down 4.3% in Monday premarket trading after the company posted third-quarter vehicle production and delivery figures for 2022 that missed on deliveries expectations. Tesla reported deliveries of 343,000 vehicles, less than a […]
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Tesla delivered 343,000 autos in the 3rd quarter of 2022
A Tesla Model Y on screen inside of a Tesla keep at the Westfield Culver Town procuring mall in Culver Metropolis, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Photographs Electrical auto makers Tesla just posted third-quarter vehicle creation and supply quantities for 2022. In this article are the figures: Full […]
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Toyota CEO Akio Toyoda talks about why he isn’t all-in on EVs — and what made him do a ‘happy dance’
Toyota CEO Akio Toyoda speaks during a small media roundtable on Sept. 29, 2022 in Las Vegas. Toyota LAS VEGAS — Toyota Motor CEO Akio Toyoda last week simply stated what he would like his legacy to be: “I love cars.” Just how the 66-year-old racer, car enthusiast and company scion will be remembered regarding […]
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Dodge tries to convert its muscle car fans from V-8 engine to EV
Tim Kuniskis, CEO of Dodge Brand, Stellantis, introduces the Dodge Charger Daytona SRT Concept all-electric muscle car at its world reveal during Dodge’s Speed Week at M1 Concourse on August 17, 2022 in Pontiac, Michigan. Bill Pugliano | Getty Images Since the Dodge Charger was reintroduced in 2006, Dodge has been building a reputation for […]
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Elon Musk displays off humanoid robotic prototype at Tesla AI Day
Tesla demonstrates an early prototype of the Optimus humanoid robotic at its AI Working day 2022 on Sept. 30 Screenshot Tesla CEO Elon Musk and other leaders from the automaker’s AI and components groups spoke at the company’s 2022 AI Working day, an engineer-recruiting celebration in Palo Alto, Calif., on Friday evening. During the final […]
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Intel’s self-driving car or truck division Mobileye data files for IPO
Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless automobile at the Nasdaq Sector internet site in New York, July 20, 2021. Jeenah Moon | Reuters Mobileye, an Intel-owned company that will make chips, maps, and software program for self-driving autos, has filed for an IPO, in accordance to a prospectus filed with the SEC […]
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