Ford Motor Co
Volkswagen will start testing self-driving cars in Austin as it moves on from Argo AI
Volkswagen Group of America (VWGoA) starting its first autonomous vehicle test program in Austin beginning in July 2023. Courtesy: Vokswagen AG Volkswagen said Thursday that it will begin testing self-driving electric vehicles in Austin, Texas, later this month. The German auto giant said it will deploy about 10 of its ID Buzz electric vans equipped […]
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Dodge Durango, Jeep SUVs push Stellantis second-quarter sales up 6.4%
2021 Dodge Durango SRT Hellcat Fiat Chrysler DETROIT – Higher sales of the Chrysler Pacifica minivan and Jeep Compass and Dodge Durango SUVs pushed Stellantis’ second-quarter U.S. new vehicle sales up 6.4% from a year earlier. The uptick is another sign of demand for new vehicles rebounding, as inventories of cars and trucks improve from […]
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Why Ford says new high-tech features for its Super Duty trucks will save marriages
2023 Ford Super Duty F-350 Limited Ford DETROIT — Let’s set a scene: A pickup driver and their spouse, the truck in reverse, attempting to align the hitch ball on the pickup with a coupler on the trailer. “A little left. No, your left. No, YOUR left. OK, now a little right. Never mind. Let’s […]
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Why the electric powered auto growth could set a key strain on the U.S. ability grid
About 50 % of all new automobiles sold in the U.S. by 2030 are expected to be electric cars. That could put a significant strain on our nation’s electrical grid, an growing older system crafted for a globe that operates on fossil fuels. Domestic electricity demand in 2022 is predicted to boost up to 18% […]
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Polestar is the latest EV maker to announce a move to Tesla’s North American charging standard
The Polestar 2, a battery-electric crossover SUV. Polestar owners in North America will have access to Tesla’s charging network starting next year. Source: Polestar Swedish electric vehicle maker Polestar said Thursday that it has signed a deal with Tesla that will allow drivers of its EVs to charge at about 12,000 Tesla charging stations in […]
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Lordstown Motors documents for personal bankruptcy safety, sues Foxconn
Signage outside the house Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May well 15, 2021. Dustin Franz | Bloomberg | Getty Photographs Lordstown Motors filed for bankruptcy defense on Tuesday and place alone up for sale immediately after the U.S. electrical truck producer failed to take care of a dispute over a promised expense from […]
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Ford conducts engineering layoffs in U.S. and Canada
Ford CEO Jim Farley at a battery lab for the automaker in suburban Detroit, announcing a new $3.5 billion EV battery plant in the state to produce lithium iron phosphate batteries, Feb. 13, 2023. Michael Wayland/CNBC DETROIT – Ford Motor confirmed Monday it will carry out layoffs this week, primarily impacting engineering jobs in the […]
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New technologies hurt car quality as EV brands fare poorly, J.D. Power says
The 2023 Alfa Romeo Tonale. Alfa Romeo New vehicles are becoming more troublesome, due in part to new technologies including safety systems, according to the 2023 edition of J.D. Power’s Initial Quality Study released Thursday. “The automotive industry is facing a wide range of quality problems, a phenomenon not seen in the 37-year history of […]
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CEOs do matter when picking stocks. 5 things we look for in a leader and examples from our portfolio
It’s not unusual for a company’s stock price to soar — or sink — on news of a CEO shakeup. When Mary Dillon, revered on Wall Street for her eight-year run at Ulta Beauty (ULTA), was named to the top job at Foot Locker (FL) last year, the shoe retailer’s stock jumped 20% in a […]
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Analyst states this automaker could be future in line for a Tesla supercharger offer
European car large Stellantis , which owns models which include Chrysler, Peugeot, and Maserati, is tipped to be the future corporation to sign a offer with Tesla to use its supercharger stations, according to RBC analyst Tom Narayan. It would comply with comparable agreements Tesla has signed with Ford and General Motors . So-identified as […]
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