Ford Motor on Wednesday reported a disappointing second quarter, missing earnings expectations by a wide margin as higher warranty costs ate into profits. We’re downgrading the automaker and sending its stock back to the penalty box in response to the reemergence of these quality problems. Automotive revenue increased 6% year over year, to $47.8 billion,
Month: July 2024
Photo: RWE The US Bureau of Ocean Energy Management (BOEM) has canceled the second offshore wind lease sale in the Gulf of Mexico due to “a lack of competitive interest.” BOEM received 25 comments in response to the March 2024 Proposed Sale Notice, but only one company expressed interest in participating. The federal agency says
Laurence Edmondson, F1 EditorJul 26, 2024, 08:58 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions SPA-FRANCORCHAMPS, Belgium — Max Verstappen faces a 10-place grid penalty from wherever he qualifies at the Belgian Grand Prix after he exceeded his quota for engines this season. A grid penalty was
Texas Court Overturns $26 Million Verdict for Paralyzed Woman In Honda Odyssey Crash | Carscoops The initial $37.6 million in damages was reduced and ultimately reversed by the Texas Supreme Court https://www.carscoops.com/author/bradcarscoops-com/ by Brad Anderson 9 hours ago Sarah Milburn sustained severe vertebrae injuries in a 2015 Honda Odyssey crash with a pickup. The minivan’s
New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Auto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing reduced volumes, temporary production gaps and lower market share in North America. The company,
2025 Chevy Corvette ZR1 is the most powerful gas-powered American production car ever ZR1’s twin-turbo LT7 V-8 uses turbos to spin up 1,064 hp ZTK Performance Package generates more than 1,200 pounds of downforce We expected 850 horsepower for the 2025 Chevrolet Corvette ZR1. We’re getting 1,064 hp instead. That makes the ZR1 not only
Laurence Edmondson, F1 EditorJul 26, 2024, 10:12 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions SPA-FRANCORCHAMPS, Belgium — Alpine team principal Bruno Famin will leave his role at the end of August as the team’s parent company, Renault, prepares to put an end to its Formula One
LAPD Cruiser Smashes Into Innocent Toyota While Rushing To Call | Carscoops All people involved in the accident ended up in the hospital 2 hours ago LAPD officers responding to a call raced down a four-lane street only to hit an innocent motorist. Both officers in the patrol car and the driver of the other
In this article TSLA GM F Follow your favorite stocksCREATE FREE ACCOUNT Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 05, 2024 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Car buyers who were among the first to make the EV switch are far
By Joey Klender Posted on July 25, 2024 Tesla’s new, redesigned, and streamlined Climate Menu is getting its first looks after the automaker brought a new look to vehicles with a recent Software Update. Earlier this month, we reported that Tesla was making a number of changes to its Climate Control settings. Along with a
Laurence Edmondson, F1 EditorJul 25, 2024, 12:03 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions SPA-FRANCORCHAMPS, Belgium — Lando Norris said he was “not proud” that McLaren’s team orders controversy at the end of the Hungarian Grand Prix overshadowed teammate Oscar Piastri‘s first win. With the two
Fish Falls From The Sky, Shatters A Tesla’s Windshield | Carscoops The unlucky Tesla owner believes the fish was carried by a bird before dropping it on their EV July 25, 2024 at 18:30 A New Jersey Tesla owner found a dead fish near the smashed windshield of his car. Video shows the moment of
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — General Motors’ newest Chevrolet Corvette will be the most powerful version of the American sports car ever produced — and it’s not even close. The Detroit automaker said Thursday the 2025 Chevy Corvette ZR1
Ford patented tech that would have a vehicle report a driver for speeding The patent said vehicles would monitor other vehicles using onboard cameras It’s unclear what legal argument Ford would make for the tech if implemented Ford is trying to patent a way for its cars to report speeding drivers to the police. A
Is an electric Hyundai or Kia pickup on the way? Ford’s F-150 Lightning was recently spotted with Korean test plates near Hyundai’s facility, fueling speculation that an EV pickup may be closer than expected. Ford’s F-150 Lightning caught testing near Hyundai plant Kia has already announced plans to launch an electric pickup. In 2022, Kia
Ryan McGee, ESPN Senior WriterJul 25, 2024, 09:09 AM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions Of the 32 sports taking place at this summer’s Olympic Games in Paris, auto racing isn’t among them. AP Photo/Michel Euler, File Earlier
Speeding In Arizona Is No Big Deal As Long As You’re A Legislator | Carscoops Senator Justine Wadsack drove away without a citation after allegedly doing 71 mph in a 35 mph zone 3 hours ago Police pulled over Justine Wadsack for allegedly going 71 mph in a 35 mph zone. It turns out that
In this article F GM STLA TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Ford Bronco on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT — Ford Motor is leading a decline in major U.S. automotive stocks this week amid disappointing results and investor skepticism around
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