Ford reassessing EV plans, including vertical battery integration

Ford reassessing EV plans, including vertical battery integration

A Ford Mustang Mach-E GT compact sports utility vehicle during the 2022 New York International Auto Show in New York on April 14, 2022. Michael Nagle | Bloomberg | Getty Images DETROIT — Ford Motor is rethinking its electric vehicle strategies, including “reassessing” the need for vertical integration of batteries, CEO Jim Farley said Tuesday. … Read more

Ford (F) Q4 2023 earnings

Ford (F) Q4 2023 earnings

Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT — Ford Motor is announcing fourth-quarter and 2023 earnings after the markets close Tuesday. Here’s what Wall Street expects, based on average analysts’ fourth-quarter estimates compiled by LSEG, formerly … Read more

GM to release plug-in hybrid vehicles, backtracking on product plans

GM to release plug-in hybrid vehicles, backtracking on product plans

General Motors reveals the new 2016 Chevrolet Volt to the media at the 2015 North American International Auto Show on January 12, 2015 in Detroit, Michigan. Getty Images DETROIT – General Motors is changing its product lineup strategy to include plug-in hybrid electric vehicles, CEO Mary Barra told investors Tuesday. Barra did not disclose specific … Read more

GM Delays Flint Truck Plant Shifts So Workers Can Watch The Detroit Lions Play

GM Delays Flint Truck Plant Shifts So Workers Can Watch The Detroit Lions Play

Image: General Motors It has been 32 years since the Detroit Lions last went to the NFC championship game back in 1992. The team has won twelve games so far this season, losing just five. People are starting to believe the Honolulu blue and silver team have a chance to upset the Forty-Niners to take … Read more

Rugged design, standard heated seats

Rugged design, standard heated seats

The 2025 Chevrolet Equinox RS. Chevrolet DETROIT — General Motors is redesigning its gas-powered Chevrolet Equinox crossover to look more rugged than its predecessors in an attempt to move the vehicle upmarket and attract new buyers. The 2025 Equinox, which GM revealed Tuesday, will feature additional standard safety and convenience features. Brad Franz, director of … Read more

Stellantis CEO says automaker won’t sell EVs at a loss

Stellantis CEO says automaker won’t sell EVs at a loss

Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show in Manhattan, New York, on April 5, 2023. David Dee Delgado | Reuters Stellantis won’t sell electrified vehicles such as hybrids and all-electric models at a loss like other automakers have, CEO Carlos Tavares said Friday. Tavares, who has … Read more

Mortgage demand surges more than 10% as lower interest rates lure homebuyers

Mortgage demand surges more than 10% as lower interest rates lure homebuyers

Prospective home buyers visit a home for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Homeownership feels increasingly out of reach for younger generations of Americans, who are squeezed by student debt and childcare costs in an era of slower economic growth. The pressures come as President Joe … Read more

For 10-year GM CEO Mary Barra, 2024 is about change and crisis

For 10-year GM CEO Mary Barra, 2024 is about change and crisis

Mary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT — Monday marks 10 years of Mary Barra’s tenure as CEO of General Motors, ushering in a crucial year for the Detroit automaker and for her legacy. Over the past decade, Barra has been a dynamic executive, … Read more

The Detroit Auto Show Is Going Back To Its Original January Timeslot In 2025

The Detroit Auto Show Is Going Back To Its Original January Timeslot In 2025

2012 Detroit Auto ShowImage: Paul Sancya (AP) Auto shows have been waning the last few years. From the media side, it’s obvious they’re more for the public than the press, which has been especially apparent in recent years. While the major auto shows still attract attendees, those public numbers are down; I saw the difference … Read more

Flights canceled, delayed as weather, Max 9 grounding disrupt travel

Flights canceled, delayed as weather, Max 9 grounding disrupt travel

An Embraer E175LR passengers aircraft of American Eagles airlines (C) taxxing before take-off to Pittsburg is seen at La Guardia Airport on January 9, 2024. Charly Triballeau | Afp | Getty Images Airlines canceled about 2,000 U.S. flights Friday as they grapple with winter weather and the grounding of Boeing 737 Max 9 planes.  Storms … Read more