News
Ford EV leader leaving automaker amid new restructuring efforts
1+ day, 14+ hour ago (589+ words) DETROIT " Ford Motor's head of electric vehicles and software is leaving the automaker as it restructures its executives and operations. Ford on Wednesday said Doug Field " chief EV, digital and design officer " has "elected to leave the company after a…...
Tesla shares climb more than 6% after analyst upgrade, software updates
1+ day, 16+ hour ago (375+ words) CNBC's Phil Le Beau joins 'Squawk on the Street' to report on Tesla's Q1 deliveries. Tesla stock rose more than 6% on Wednesday after UBS analysts upgraded their rating on the stock from sell to hold, and increased their price target by…...
Hyundai Motor Company CEO on doubling down on EVs: "We see the reality and the future differently
1+ day, 15+ hour ago (35+ words) CNBC Hyundai Motor Company CEO on doubling down on EVs: "We see the reality and the future differently...
Seeing huge demand for world's fastest plane, says Bond CEO Papariella
2+ day, 18+ hour ago (22+ words) CNBC Seeing huge demand for world's fastest plane, says Bond CEO Papariella...
Nissan to trim global car lineup, boost use of AI driving tech
3+ day, 5+ hour ago (409+ words) Nissan'Motor'plans to streamline its global automobile lineup by exiting low-performing ones and deploy its artificial intelligence driving technology across 90% of its array over the long term as it targets a revitalisation after years of turmoil. Japan's fourth-biggest automaker said in…...
Check out Chery Automobile Ltd's stock price (CRAUY) in real time
4+ mon, 3+ week ago (36+ words) Chery Automobile Co Ltd is a China-based company principally engaged in the manufacturing and sales of passenger vehicles and automotive parts and components. The Company's passenger vehicles products. .. Chery Automobile Co Ltd CRAUY: OTCPK...
Chinese auto giant GAC targets 17-fold boost to European sales by 2027
7+ mon, 1+ week ago (353+ words) Guangzhou Automobile Group (GAC) aims to increase its European electric car sales 17-fold over the next two years, becoming the latest Chinese player to take on the region's traditional automakers through aggressive expansion. The entrance of the Chinese state-owned carmaker…...
Buy the dip on Ford as aluminum fears are 'overblown', says UBS
2+ day, 22+ hour ago (35+ words) Concerns around aluminum and gas prices have weighed too much on Ford Motor, making it a prime target for investors to buy on the dip, according to UBS. The investment bank upgraded the automaker to. .....
Western automakers outsourced supply chains for decades " now Chinese rivals have the cost edge
1+ mon, 1+ week ago (808+ words) Politicians and auto industry leaders in the United States and Europe have long argued that state-sponsored subsidies for Chinese electric vehicle makers have distorted global competition. A new report from'research firm Rhodium Group challenges that assessment, saying structural advantages " not…...
Waymo is paying Door Dash gig workers to close its robotaxi doors
2+ mon, 4+ day ago (295+ words) Waymo's cars are driven without humans. But when a departing passenger leaves a door open, the car won't move until a person closes it. For that task, Waymo is turning to gig workers from companies like Door Dash. The Alphabet-owned…...