Autos
Convertibles drive into the sunset as automakers invest in electric vehicles
2024 Ford Mustang Source: Ford Convertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars and more rugged sport utility vehicles. Sales of traditional drop-tops such as the Chevrolet Camaro and Ford Mustang, as well as roadsters such as the […]
Read More
Ford’s supply chain problems include blue oval badges for F-Series pickups
A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Recent supply chain problems for Ford Motor have included a small, yet important, part for the company and its vehicles – the blue oval badges that don nearly every […]
Read More
Elon Musk has extra than 20 immediate reports at Tesla — here is who they are
Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China. Bobby Yip | Reuters Elon Musk has operate two ambitious tech corporations at the identical time ever because he turned chairman and afterwards CEO of electric powered vehicle maker Tesla even though also leading SpaceX, […]
Read More
Wall Street pros are watching this index to get an early sign that inflation is slowing
For signs that inflation may be easing, Wall Street pros have an unlikely source — the price of used cars. The Manheim Used Car Price Index fell to 205.9 in September from 210.8 in August. Since the beginning of the year, the index has declined nearly 13%. The consumer price index paints a similar picture […]
Read More
Back hedge cash to outperform equities and bonds this calendar year, UBS says
When stocks slide, bond selling prices rise. Or at the very least that is what is actually intended to materialize. These days, most asset courses seem to be slipping at the same time. The S & P 500 has fallen by about 8% around the earlier thirty day period, though U.S. Treasury yields have continued […]
Read More
China’s CATL, a Tesla provider, considers growing battery swapping enterprise abroad
CATL is the world’s largest electric auto battery maker and provider to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Photographs | Lightrocket | Getty Photos The world’s most significant electric car battery maker CATL is evaluating whether or not to expand its battery swapping business to worldwide marketplaces, a senior executive explained […]
Read More
Qualcomm’s first auto investor day offers signs the industry is embracing its tech platform
We think Qualcomm delivered with its first-ever automotive investor day. Source
Read More
Ford to restructure supply chain following $1 billion in unexpected quarterly costs
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT – Ford Motor on Thursday announced plans to restructure its global supply chain, days after the company said it expects to book an extra $1 billion in unexpected supplier […]
Read More
Xpeng breaks out of a lower selling price range with its most high priced auto to day
Xpeng has announced its most high priced auto to date. Pictured right here at a retail outlet in Shanghai, China, on July 2021 are two of Xpeng’s beforehand introduced versions, a P7 Wing Restricted Version in green and a G3 SUV in blue. Qilai Shen | Bloomberg | Getty Pictures BEIJING — Chinese electric powered […]
Read More
Marvell CEO tells Jim Cramer: We’re doing much better than our stock price suggests
Marvell’s Matt Murphy suggests Wall Street has recently misjudged both the Club holding’s present performance and future prospects. Source
Read More