Republican governors condemn United Auto Workers campaigns

Republican governors condemn United Auto Workers campaigns

Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT – Republican governors of six states on Tuesday condemned the United Auto Workers’ push to organize automotive factories in the South, warning the union’s efforts could lead to layoffs … Read more

VW workers to vote on joining UAW union in Tennessee

VW workers to vote on joining UAW union in Tennessee

A Volkswagen automobile assembly plant is seen on March 20, 2024 in Chattanooga, Tennessee. Elijah Nouvelage | Getty Images DETROIT — Volkswagen workers in Chattanooga, Tennessee, will vote this week on whether to organize with the United Auto Workers in a key test of the union’s sway. A victory would give the UAW its first … Read more

Ford stock can go higher by taking a page of out Detroit rival GM’s playbook

Ford stock can go higher by taking a page of out Detroit rival GM’s playbook

Ford needs to close the gap with General Motors . We think Ford can do it by following GM’s lead on buybacks — plus, refining its mix of electric vehicles and hybrids as well as reining in warranty expenses. Shares of Club name Ford have gained about 7% year to date, lagging by far the … Read more

GM’s Cruise to relaunch vehicles with human drivers in Phoenix

GM’s Cruise to relaunch vehicles with human drivers in Phoenix

A Cruise vehicle in San Francisco on Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images General Motors’ Cruise self-driving vehicle unit will redeploy cars on U.S. roadways for the first time since October, beginning with a small fleet of human-driven vehicles in Phoenix, the company said Tuesday. The relaunch comes after the … Read more

GM 2025 Buick Enclave SUV upgrades and design

GM 2025 Buick Enclave SUV upgrades and design

WARREN, Mich. — General Motors has redesigned Buick’s flagship Enclave SUV as the latest testament to the automaker’s ongoing reinvention of the roughly 125-year-old brand. The updates to the 2025 Enclave — from new tech to exterior to interior redesigns — complete Buick’s refresh of its current four-vehicle lineup. In 2022, Buick unveiled an aggressive … Read more

Good news is good news for the market. Palo Alto Networks may be a buy

Good news is good news for the market. Palo Alto Networks may be a buy

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Good news is good news: The … Read more

Why hybrid sales surge as EV sales flatten

Why hybrid sales surge as EV sales flatten

After years of being overshadowed by flashy electric vehicles from Tesla and others, the hybrid — a gas sipper that has both an engine and an electric motor — is back in the spotlight. EV sales have slowed in the U.S., according to car website and data tracker Edmunds, with the time it takes for … Read more

GM first-quarter U.S. vehicle sales fall 1.5%

GM first-quarter U.S. vehicle sales fall 1.5%

The 2024 Buick Envista. GM DETROIT – General Motors on Tuesday reported a 1.5% decline in first quarter U.S. vehicle sales compared to a year ago, as the overall auto industry normalizes after years of disruptions and volatile results. The Detroit automaker said the decline to 594,233 vehicles sold during the first three months of … Read more

Ford Mustang has opportunity as competitors abandon V8 engines

Ford Mustang has opportunity as competitors abandon V8 engines

2024 Ford Mustang Source: Ford DETROIT — Ford Motor sees opportunity to grow Mustang sales as it becomes the last American muscle car with a traditional V8 engine, playing to generations of gearheads who’ve been drawn to the performance vehicles. The optimism comes after Mustang’s closest American competitors ended production of their muscle cars in … Read more

Autos firms say they expect limited impact from Baltimore port closure

Autos firms say they expect limited impact from Baltimore port closure

The remains of the Francis Scott Key Bridge on March 26, 2024 in Baltimore.  Michael A. McCoy | The Washington Post | Getty Images The Baltimore bridge collapse has prompted carmakers to assess operations after the closure of the busiest U.S. auto port. Many do not expect major disruptions so far. In a dramatic scene, … Read more