Ford Motor Co
GM all-electric Chevy Equinox goes on sale as the latest test for EV production and demand
GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle on May 16, 2024 in Detroit. Michael Wayland / CNBC DETROIT — The Chevrolet Equinox has been a crucial part of General Motors’ lineup for two decades. The vehicle is a quintessential family hauler and a go-to car for people seeking an […]
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U.S. tariff hikes on China EVs will benefit these global stocks, Bernstein says
The U.S move to impose higher tariffs on Chinese electric vehicles is set to have an impact on the U.S. battery supply chain — and create investing opportunities, according to Bernstein. The White House said the tariff hikes on Chinese EVs and other products from the Asian giant are necessary to protect American industries from […]
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Mercedes-Benz workers in Alabama vote against UAW union membership
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. The […]
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Biden’s EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.
U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024 in Washington, DC. Win Mcnamee | Getty Images DETROIT — President Joe Biden’s plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the […]
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What to count on for Tesla’s Supercharger community now that the group is dismantled
The long run of Tesla Supercharging is unsure following CEO Elon Musk’s disbanding of the Supercharging group as part of a broader restructuring. The around 500 layoffs included senior director of EV charging Rebecca Tinucci and Daniel Ho, director of automobile programs. Musk’s abrupt choice has elevated issues about the long run of Tesla’s EV […]
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How American carmakers misplaced ground in China
American automakers and their non-Chinese counterparts are battling an existential battle, as neighborhood rivals in China outpace them. Chinese companies flush with federal government investments and subsidies have leapfrogged the level of competition in electric car engineering and software program. U.S. automaker profits have fallen dramatically due to the fact their peak a several years […]
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Ford names ex-Lucid Motors exec as next CFO, promotes current chief
Ford’s Chief Financial Officer John Lawler and Linda Zhang, chief engineer for the company’s All Electric F-150 Lightning, participate in the opening bell ceremony at the New York Stock Exchange, April 28, 2022. Brendan Mcdermid | Reuters Ford Motor on Friday named the former chief financial officer of electric-vehicle startup Lucid to replace its current […]
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Rivian, Lucid and other EV startups scramble to shore up cash and reassure Wall Street
R1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022. Brian Cassella | Tribune News Service | Getty Images Once-hot electric vehicle startups — years ago fueled by low interest rates, free cash and Wall Street bullishness — are now scrambling to prove they can survive in […]
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To train car dealers on EVs and other topics, Ford turns to gamification and AI-powered education
Ford Mustang on display at the NY Auto Show, April 6, 2023. Scott Mlyn | CNBC DEARBORN, Mich. — Ford Motor is launching a new training program for more than 3,000 U.S. franchised dealers on Wednesday that uses artificial intelligence for employee coaching evaluations and emulates Netflix and YouTube interfaces more than the automaker’s traditional […]
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Tesla shares fall approximately 6% immediately after Musk cuts about 500 employment in Supercharger team
Tesla Supercharger stations around a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Illustrations or photos Tesla shares fell nearly 6% on Tuesday pursuing news that CEO Elon Musk was urgent in advance with more task cuts at Tesla, impacting an believed 500 staff members in its Supercharger […]
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