Ford turns fleet business into profit driver. GM, Stellantis want in

Ford turns fleet business into profit driver. GM, Stellantis want in

2023 Ford Super Duty F-350 Limited Ford DETROIT — A once “dirty” word, and business, in the automotive industry has become a multibillion-dollar battleground for U.S. automakers, led by Ford Motor. The Dearborn, Michigan-based automaker has turned its fleet business, which includes sales to commercial, government and rental customers, into an earnings powerhouse. And Ford’s … Read more

2025 Ford Maverick pickup: New tech, hybrid options

2025 Ford Maverick pickup: New tech, hybrid options

DETROIT — Ford Motor has redesigned its small Maverick pickup truck, adding more technology, new performance and hybrid options to the vehicle. Updates to the 2025 Ford Maverick include refreshed exterior and interior styling, including a 13.2-inch center touchscreen; an all-wheel-drive hybrid option; and connectivity features such as a 5G modem and wireless Apple CarPlay … Read more

Asian shares slide, U.S. stocks flat

Asian shares slide, U.S. stocks flat

Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

U.S. stocks little changed ahead of Big Tech earnings

Asian shares slide, U.S. stocks flat

Traders work on the floor of the New York Stock Exchange (NYSE) on Oct. 30, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more

Ford, GM, Stellantis face daunting second half of 2024

Ford, GM, Stellantis face daunting second half of 2024

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 DETROIT – The last time shares of Ford Motor dropped by more than 18% in a day, as they did last week, the U.S. automotive industry was on … Read more

EV owners around the world want to go back to buying gas cars

EV owners around the world want to go back to buying gas cars

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 from wholly converted. Nearly 30% of electric vehicle owners globally are likely … Read more

Ford, GM, Stellantis stocks fall after disappointing earnings reports

Ford, GM, Stellantis stocks fall after disappointing earnings reports

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 future performance. Shares of Ford were off by more than 17% in early … Read more

Wall Street sinks, Tesla slumps

Wall Street sinks, Tesla slumps

Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Chinese EV startups are spending more on research than Tesla is

Chinese EV startups are spending more on research than Tesla is

Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots. CNBC | Evelyn Cheng BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis of the four automakers’ first-quarter earnings. It’s a strategy for survival in … Read more

Wall Street sinks, Ford slumps

Wall Street sinks, Ford slumps

Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more