Ford Motor Co
Ford F-150 Lightning fire footage highlights a growing EV risk
DEARBORN, Mich. — New video footage of a fire involving a Ford F-150 Lightning this year highlights a growing concern around electric vehicles: volatile fires from the batteries that power them. The previously unreleased footage, which CNBC obtained through Michigan’s Freedom of Information Act from the Dearborn Police Department, shows smoke billowing from three tightly […]
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Ford unveils new Lincoln Nautilus to be imported from China
2024 Lincoln Nautilus Ford Ford Motor will import its next-generation Lincoln Nautilus from China to the U.S., the company said Monday night. The midsize crossover is currently produced for the U.S. at Ford’s Oakville Assembly Plant in Ontario, Canada. The automaker recently announced it would be investing 1.8 billion Canadian dollars (about $1.3 billion) to […]
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The $25,000 electric vehicle is coming, with big implications for the auto market and car buyers
Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Joe White | Reuters From the headlines, car buyers might think the most important force driving down the cost of electric vehicles is the $7,500 tax credit […]
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GM expands high-end Chevy Silverado HD lineup with new ZR2 off-road model
2024 Chevrolet Silverado HD ZR2 GM DETROIT — General Motors will continue to test the price ceiling of its highly profitable full-size pickup trucks as it spends billions to transition to all-electric vehicles. The latest model revealed Thursday is the Chevrolet Silverado HD 2500 ZR2, a new off-road model for one of GM’s most expensive […]
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Ford to invest $1.3 billion to build EV manufacturing hub in Canada
Ford display at the New York Auto Show, April 6, 2023. Scott Mlyn | CNBC DETROIT – Ford Motor will invest 1.8 billion Canadian dollars (about $1.3 billion) in its Oakville Assembly Plant in Ontario, Canada, to transition the facility into a new electric vehicle hub, the automaker said Tuesday. The plant, which will be […]
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Tesla’s shares are up around 70% this yr. One particular current market professional is bullish — but a further is just not convinced
Shares of electric powered vehicle giant Tesla have risen extra than 70% this 12 months, soon after falling 65% in 2022 in its major-at any time yearly drop. Traders have flocked to the EV darling, with increasing appetite for progress stocks and indications of a rebound in EV desire. But opposition is finding stiffer and […]
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Jeep unveils 2024 Wrangler SUV in next stage of off-road sales battle with Ford Bronco
2024 Jeep Wrangler Rubicon X 4xe Jeep Jeep is updating its flagship Wrangler SUV with more capability, technologies and features as it battles for off-road buyers against Ford’s newer Bronco. The 2024 Jeep Wrangler features an evolutionary exterior design, which is typical for the quintessential SUV, and a redesigned interior that includes additional safety, convenience […]
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GM overtakes Ford as second best-seller of EVs in U.S. but still trails Tesla by a wide margin
DETROIT – General Motors pulled ahead of Ford Motor to become the country’s second best-seller of all-electric vehicles during the first quarter, trailing only industry leader Tesla. GM on Monday said it sold 20,670 EVs during the first three months of the year. Ford, which was No. 2 last year, reported EV sales Tuesday of […]
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Ford’s first quarter sales increase 10.1% on improved F-Series truck production
A Ford Lighting pickup is displayed outside the New York Stock Exchange (NYSE) in New York City, U.S., March 23, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters DETROIT – Ford Motor on Tuesday reported a roughly 10% increase in its quarterly U.S. sales, led by jumps in its critical F-Series pickups and Bronco SUVs. The […]
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General Motors’ U.S. sales jump 18% in the first quarter
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership on January 05, 2023 in Austin, Texas. Brandon Bell | Getty Images General Motors said Monday that its first-quarter U.S. sales rose 18% from a year ago, to just over 600,000 vehicles delivered, as it continued its rebound from […]
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