The 2023 Lincoln Corsair will offer the company’s next-generation ActiveGlide hands-free advanced driver assistance system (ADAS) for highway driving including lane-changing, in-lane positioning and predictive speed assist. Lincoln DETROIT – Letting go is hard. Even if major automakers want to make it easier. Car companies are rapidly expanding technologies that …
Read More »Auto execs less confident in EV adoption amid economic fears: KPMG
A NYC charging station seen in the Yorkville neighborhood of New York City. Adam Jeffery | CNBC DETROIT — Global automotive executives are less confident about the rate of adoption of electric vehicles than they were a year ago amid supply chain problems and rising economic concerns, according to a …
Read More »Meta, Maxar Technologies, Ford, Goldman Sachs and more
The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters Check out the companies making headlines in midday trading. Meta Platforms – Shares of Meta Platforms rose 3.5% after JPMorgan upgraded the social media company to buy and raised its price target, saying …
Read More »Ford F-150 Lightning electric pickup gets another price hike
Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has once again increased the starting price of its electric F-150 Lightning, citing higher raw material costs for the pickup truck. …
Read More »Tesla stock down 28% since Elon Musk took over Twitter
In this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone in Ankara, Turkiye on October 06, 2022. Muhammed Selim Korkutata | Anadolu Agency | Getty Images Shares in electric vehicle maker Tesla have fallen 28% since …
Read More »Ford moves to boost production of electric F-150 Lightning pickup truck
Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DEARBORN, Mich. — Ford Motor has added a third production shift to its Michigan plant that produces the electric F-150 Lightning as it looks to boost output. The addition of the third …
Read More »Electric Ford F-150 Lightning named MotorTrend’s truck of the year
2022 Ford F-150 Lightning Ford DETROIT – The electric Ford F-150 Lightning on Tuesday was named MotorTrend’s 2023 truck of the year – topping traditional pickups with internal combustion engines from General Motors, Stellantis and Toyota Motor. The prestigious title and accompanying “Golden Caliper” award are highly sought by automakers …
Read More »GM, Stellantis rank worst for fuel efficiency, even amid EV push
GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images DETROIT – General Motors may be transitioning to an all-electric future, but its recent vehicle fleet ranked among the least efficient and most polluting in the …
Read More »GM battery plant workers vote to unionize in labor win for EV industry
Speaking in front of a backdrop of American-made vehicles and a United Auto Workers (UAW) sign, Democratic U.S. presidential nominee and former Vice President Joe Biden speaks about new proposals to protect U.S. jobs during a campaign stop in Warren, Michigan, U.S., September 9, 2020. Leah Millis | Reuters DETROIT …
Read More »Cheap stocks to buy even if a recession hits in the next 12 months
As investors deliberate over whether the Federal Reserve can navigate a soft landing, CNBC Pro identified stocks that are cheap even in a recession. Investors are concerned that a raft of growing recessionary signals could mean there is little the Fed can do to avoid a recession next year as …
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