Detroit

Ford expands hands-free driving system to ,000 Lincoln Corsair crossover
Business

Ford expands hands-free driving system to $40,000 Lincoln Corsair crossover

2023 Lincoln Corsair Grand Touring plug-in hybrid electric vehicle Lincoln DETROIT — Ford Motor is expanding the availability of its hands-free highway driving system to Lincoln’s entry-level Corsair crossover, as the automaker broadens the technology to lower-priced vehicles. The 2023 Corsair will be the sixth vehicle in Ford’s lineup to offer the system and only […]

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GM is betting on its electric Equinox, starting at ,000, to kick-start ‘massive adoption’ of EVs
Business

GM is betting on its electric Equinox, starting at $30,000, to kick-start ‘massive adoption’ of EVs

2024 Chevrolet Equinox EV 3LT GM DETROIT – General Motors’ second chance at establishing itself as a mass-market leader in all-electric vehicles is expected to begin next year with the arrival of the Chevrolet Equinox EV. The all-electric crossover is scheduled to go on sale in the U.S. next fall, starting at around $30,000 – […]

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Jeep announces an all-electric Wrangler-inspired SUV as one of four new EVs by 2025
Business

Jeep announces an all-electric Wrangler-inspired SUV as one of four new EVs by 2025

Electric Jeep Recon SUV Jeep DETROIT – Jeep plans to launch four new all-electric SUVs in North America by 2025, including a luxury Grand Wagoneer and a Wrangler-inspired off-road vehicle called the Recon. The quintessential American SUV brand announced the new vehicles Thursday along with plans for half of its U.S. sales, and all of […]

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GM offers to buy out Buick dealers that don’t want to invest in EVs
Business

GM offers to buy out Buick dealers that don’t want to invest in EVs

Billboards at the Ziegler Cadillac, Buick and GMC Dealership in Lincolnwood, Illinois, the United States. U.S. General Motors Co. Joel Lerner | Xinhua News Agency | Getty Images DETROIT – General Motors is offering buyouts to U.S. Buick dealers that don’t want to make investments in the brand’s transition to exclusively offer all-electric vehicles domestically […]

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Ford’s new vehicle sales slow in August, in line with expectations
Business

Ford’s new vehicle sales slow in August, in line with expectations

2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Friday said its U.S. sales last month increased double-digits from a year earlier but were off about 4% from the prior month, as the company and auto industry continue to manage significant supply chain issues. The Detroit automaker reported August sales of 158,088 new […]

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Ford hikes price of electric Mustang Mach-E by as much as ,475 due to ‘significant’ battery cost increases
Business

Ford hikes price of electric Mustang Mach-E by as much as $8,475 due to ‘significant’ battery cost increases

Visitors check on a Ford Mustang Mach-E electric vehicle displayed at a launch event in Shanghai, China April 13, 2021. Yilei Sun | Reuters DETROIT – Ford Motor is hiking the starting prices of its electric Mustang Mach-E crossover by more than $8,000 for some models, as it reopens order banks for the 2023 model […]

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GM reveals new GMC Canyon premium midsize pickup, starting at ,000
Business

GM reveals new GMC Canyon premium midsize pickup, starting at $40,000

DETROIT — General Motors on Thursday revealed its redesigned GMC Canyon as a more premium offering than the current midsize pickup, including a new off-road AT4X model that will expand the vehicle’s pricing range. The new AT4X model features off-road performance parts as well as unique interior and exterior styling. It will launch alongside a […]

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How Detroit moved on from its legendary bankruptcy
Finance

How Detroit moved on from its legendary bankruptcy

A new wave of development is rippling through downtown Detroit. “Walking around Detroit in 2008 or 2009 is not the same as walking around in 2022,” said Ramy Habib, a local entrepreneur. “It is absolutely magnificent what happened throughout those 15 years.” Between 2010 and 2019, just 708 new housing structures went up in the […]

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Ford raises price of electric F-150 Lightning by up to ,500 due to ‘significant material cost increases’
Business

Ford raises price of electric F-150 Lightning by up to $8,500 due to ‘significant material cost increases’

Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – Ford Motor on Tuesday said it is increasing the starting prices of its electric F-150 Lightning pickup due to “significant material cost increases and other factors.” The Detroit automaker said the price increases – between […]

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Ford reports big jump in July sales, including for trucks and electric vehicles
Business

Ford reports big jump in July sales, including for trucks and electric vehicles

Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s U.S. vehicle sales last month showed notable improvements in volumes and truck availability, following a fire at a supplier’s plant in Japan that hurt its year-ago sales. The Detroit automaker said Wednesday its new vehicle sales rose […]

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