Ford Motor Co
Stellantis to sell, shutter large testing facility amid cost-cutting efforts
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, […]
Read More
Chevrolet aims to defend highly profitable SUV market position with updated Tahoe, Suburban
DETROIT – General Motors has updated its highly profitable large SUVs for Chevrolet for the 2025 model year to defend the brand’s long-standing segment leadership. The Detroit automaker’s Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for over 45 years, according to GM. But increased competition from automakers such as Ford Motor, […]
Read More
Here’s what investors need to know after GM’s capital markets day
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — Wall Street reacted to General Motors’ investor day on Tuesday with a shrug. Executives used the Detroit automaker’s event to focus on broad, near-term updates to the company’s operations in […]
Read More
GM investor day: Cruise, cash and EV profits top of mind for Wall Street
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — A lot has changed since General Motors’ last investor day two years ago, but one thing that hasn’t […]
Read More
Ford reveals new 2025 Expedition SUV, including off-road and ‘Ultimate’ models
2025 Ford Expedition Platinum Ultimate Ford DETROIT — Ford Motor is increasing the refinement and technology of its large Expedition SUV as part of a vehicle redesign to better compete with growing competition. The new three-row SUV features a smoother interior and exterior design, increased comfort and convenience features such as a 24-inch driver display, […]
Read More
Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs
A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT – Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed. Ford on Wednesday reported […]
Read More
Tesla stock slips after it reports 462,890 total deliveries during the third quarter
A worker unloads a new Tesla Model 3 from a truck at a logistics drop zone in Seattle, Washington, US, on Thursday, Aug. 22, 2024. Bloomberg | Bloomberg | Getty Images Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell about 3.5% in premarket trading after the report. Here are the […]
Read More
Stocks making the biggest moves premarket: Ford, Clorox, Boeing, Pinterest and more
Check out the companies making headlines before the bell. Ford Motor — The automaker jumped 2.3% after Goldman Sachs upgraded shares to buy from neutral. The firm highlighted its growing software and services and Super Duty vehicles as potential tailwinds. Disney — Shares of the media company slipped around 0.9% following a downgrade by Raymond […]
Read More
Stocks making the biggest moves premarket: Nio, Stellantis, MicroStrategy and more
Check out the companies making headlines before the bell. Nio – U.S.-listed shares surged more than 13% after the Chinese electric vehicle maker announced it will receive a cash injection of 13.3 billion yuan for its Nio China. “Strategic investors” will provide 3.3 billion yuan of that injection, with the rest coming from Nio Inc. […]
Read More
Ford aims to boost EV sales, address owner concerns with new benefits program
The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT — Ford Motor is aiming to boost sales of its electric vehicles by addressing potential customer concerns through a new program that includes free home-charging installation and other benefits. The “Ford Power Promise” program […]
Read More