[ad_1] 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor recorded a net loss of $827 million during the third quarter, weighed down by supply chain problems and an investment in autonomous vehicle unit Argo AI. Still, the automaker narrowly beat Wall Street’s subdued expectations for the period and …
Read More »5 things to know before the stock market opens Tuesday, October 25
[ad_1] Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. A lot to chew on 2. General Motors holds steady General Motors CEO Mary Barra speaks to reporters while she waits …
Read More »General Motors (GM) earnings Q3 2022
[ad_1] UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT – General Motors is set to report its third-quarter earnings before the bell on …
Read More »GM’s 2024 GMC Sierra EV offers electric truck alternative to Hummer
[ad_1] 2024 Sierra EV Denali Edition 1 Source: General Motors General Motors unveiled its latest electric pickup, the new electric GMC Sierra, and began taking reservations for a fully-loaded $107,000 version, called Sierra EV Denali Edition 1, on Thursday. The automaker expects to begin shipping the Edition 1 in early …
Read More »Wall Street eyes auto industry earnings for signs of ‘demand destruction’
[ad_1] A sign advertises to purchase cars at a used car dealership in Arlington, Virginia, February 15, 2022. Saul Loeb | AFP | Getty Images DETROIT – Since the start of the pandemic in early 2020, U.S. automakers and dealers have seen record profits as demand outpaced supplies of new …
Read More »GM’s Cadillac Celestiq EV costs $300,000 and is customizable
[ad_1] 2024 Cadillac Celestiq Cadillac DETROIT – Cadillac is testing the limits of its brand allure and pricing power with the 2024 Celestiq – a large, bespoke electric car that will start at more than $300,000. The vehicle – unveiled Monday night – launches the General Motors brand into the …
Read More »Stellantis debuts electric Jeep, pledges new energy target
[ad_1] The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that the company would use its own sites to generate half the energy it needs …
Read More »How one GM auto plant’s UAW union workforce is learning to make EVs
[ad_1] UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet In 2015, Marland “Lanny” Brown learned how to build an all-electric car. A member of …
Read More »New car buyers are still paying over MSRP. Here’s how to pay less
[ad_1] A couple browses a car’s sticker price. Don Mason | The Image Bank | Getty Images With demand for new cars still outpacing supply at many dealerships, buyers may be asking themselves if they need to pay over the average manufacturer’s suggested retail price, or the sticker price, to …
Read More »GM’s Chevrolet Trax crossover comes with new tech, design, lower price
[ad_1] 2024 Chevrolet Trax ACTIV GM DETROIT — General Motors on Wednesday revealed a new version of its Chevrolet Trax — the brand’s entry-level crossover — with new technologies and a more aggressive design, and at a lower price than the current vehicle. The compact is key to attracting and …
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