U.S. auto safety regulators have opened an investigation into nearly 87,000 Kia Telluride large crossovers from the 2020 model year after reports of a complete loss of high beams without warning. NHTSA’s Office of Defects Investigation said it has received 23 complaints alleging a complete loss of high beams with no reengagement. Some of the
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In this article LAC GM Follow your favorite stocksCREATE FREE ACCOUNT US President Joe Biden, with General Motors CEO Mary Barra, looks at a Chevrolet Silverado EV as he tours the 2022 North American International Auto Show at Huntington Place Convention Center in Detroit, Michigan on September 14, 2022. – Biden is visiting the auto
DETROIT — GMC has started building the SUV version of the Hummer EV and the third-generation Canyon midsize pickup. Production of the 2024 Hummer EV SUV began Monday at General Motors‘ Factory Zero plant in Detroit, officials said. The 2023 Canyon entered production last week at Wentzville Assembly in Missouri. Deliveries of both vehicles will
Ford Motor (F) confirmed Monday what Jim Cramer has been speculating for weeks: Price cuts on its electric vehicles following similar moves by Tesla (TSLA). While engaging in this price war was necessary for Ford to stay competitive and maintain customer demand, we’re concerned about the dent the Club holding faces in profitability. Ford will
6:38 AM ET Zak Brown has likened McLaren driver Lando Norris to the type of talent NFL teams build their organisation around. Norris is set to start his fifth season with McLaren, where he is contracted to race until 2025. This year he will be joined by a rookie teammate, the highly-rated Oscar Piastri, to
Ford Motor Co. on Monday said it would reduce the price of its 2023 Mustang Mach-E crossover by $600 to $5,900, depending on the trim, as it boosts production in hopes of solidifying its status as the nation’s No. 2 electric vehicle maker. The price cuts come shortly after Tesla Inc., by far the U.S.
In this article F TSLA Follow your favorite stocksCREATE FREE ACCOUNT People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT — Ford Motor is increasing production and cutting prices of its electric Mustang Mach-E crossover, weeks
3:41 PM ET Associated Press DAYTONA BEACH, Fla. — Acura dominated the debut of hybrid engines in North American sports car racing with a 1-2 finish Sunday at the Rolex 24 at Daytona, where Helio Castroneves and the automaker won the prestigious endurance race for a third consecutive year. Castroneves won the Rolex in 2021
TATESHINA, Japan — When cruising along at 40 mph on a sheet of super-slick ice, it pays to have an ultraresponsive vehicle stability system that won’t skate you right off the road. Nissan’s new e-4orce all-wheel-drive technology, offered in the new Ariya electric crossover, keeps the driver in control, even in situations like this, thanks
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla showroom is seen in the City Center shopping center on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — Tesla vehicles in the U.S. are seeing significant price cuts, and that’s proving to be a double-edged sword for the
SAN FRANCISCO — The board chair of Tesla Inc. defended CEO Elon Musk in a securities fraud trial on Friday, telling jurors that she would have quit as a director if she had thought Musk lied by tweeting in 2018 that he had “funding secured” to take Tesla private. Tesla Chair Robyn Denholm is a
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla founder Elon Musk attends Offshore Northern Seas 2022 in Stavanger, Norway August 29, 2022. Carina Johansen | NTB | via Reuters Electric vehicle maker Tesla reported earnings after the bell, beating on both earnings and revenue. Shares rose more than 5% after hours after
12:22 PM ET Associated Press DAYTONA BEACH, Fla. — Jimmie Johnson, Mike Rockenfeller and Jenson Button will drive the special Garage 56 car that will race at the 24 Hours of Le Mans in June. Johnson, a seven-time NASCAR champion, has lobbied hard for a spot in the three-driver lineup for his former team. He’d
Ford is eliminating the annual sales cap of 25 electric vehicles for dealerships on the less-expensive tier of the brand’s EV certification program and reducing the amount those stores must spend training employees by $10,000. The changes are a bid to win over retailers who took issue with some of the certification program’s costs and
In this article TM Follow your favorite stocksCREATE FREE ACCOUNT Akio Toyoda, president and CEO of Toyota Motor Corp. Kiyoshi Ota | Bloomberg | Getty Images Toyota Motor‘s president and chief executive, Akio Toyoda, will step down from his post on April 1, to be succeeded by current Chief Branding Officer Koji Sato, the Japanese
John Hammer, president of wholesale auction business ADESA, plans to exit the company at the beginning of February. His departure from the top job at the auction giant comes less than nine months after ADESA’s U.S. operations were acquired by online used-vehicle retailer Carvana Co. Hammer will join Spectrum Automotive Holdings Corp., a finance and
In this article F TSLA GM Follow your favorite stocksCREATE FREE ACCOUNT Customers wearing protective masks looks at the interior of a vehicle for sale at a Ford Motor Co. dealership in Colma, California, Feb. 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT — As automakers chase Tesla-like profits on new electric
Stellantis’ U.S. dealers had their second-best year of profitability ever in 2022, even as sales fell 13 percent, a top executive with the automaker said Friday. That increased profitability and a surge in Stellantis’ J.D. Power sales satisfaction scores gave the company and its dealers plenty to be excited about despite the production constraints that