GM folding its all-electric BrightDrop vans into Chevrolet brand

GM folding its all-electric BrightDrop vans into Chevrolet brand

Brightdrop EV600 van Source: Brightdrop DETROIT – General Motors is folding its all-electric BrightDrop commercial vans into the Chevrolet brand in an attempt to increase sales, accessibility and recognition of the vehicles. The change is expected to expand the selling and service points from a handful of dealers to Chevrolet’s large network of North American … Read more

Why Ford believes its $1.9 billion EV shift will benefit the automaker

Why Ford believes its .9 billion EV shift will benefit the automaker

A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT – Ford Motor‘s profit engine for decades has been large trucks and SUVs in the U.S. So it might surprise investors that the automaker believes its new path to … Read more

Stocks slide ahead of Powell’s speech

Stocks slide ahead of Powell’s speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  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 … Read more

Stocks slide ahead of Powell speech

Stocks slide ahead of Powell speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  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 … Read more

Canadian rail lockout leaves billions in U.S. trade stranded

Canadian rail lockout leaves billions in U.S. trade stranded

Locked out railway workers demonstrate outside of the CN Rail Brampton yard on August 22, 2024 in Brampton ON, Canada.  Ian Willms | Getty Images Canada’s Labor Minister Steven MacKinnon announced at a press conference on Thursday that he had directed the Canada Industrial Relations Board (CIRB) to review his request for binding arbitration and … Read more

GM-owned Cruise will partner with Uber to offer driverless rides

GM-owned Cruise will partner with Uber to offer driverless rides

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023.  David Paul Morris | Bloomberg | Getty Images Uber Technologies and General Motors’ Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer driverless rides to Uber users as soon as next year. The … Read more

Waymo has doubled its weekly paid robotaxi trips to 100,000 since May

Waymo has doubled its weekly paid robotaxi trips to 100,000 since May

A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California.  Mario Tama | Getty Images Waymo is now providing more than 100,000 paid robotaxi rides per week in the US, according to a LinkedIn announcement by its co-CEO Tekedra Mawakana. That’s double the 50,000 weekly paid trips … Read more

GMC targets electric truck leadership against Tesla, Ford, Rivian

GMC targets electric truck leadership against Tesla, Ford, Rivian

2024 Sierra EV Denali Edition 1 Source: General Motors MILFORD, Mich. — General Motors’ premium GMC brand wants to become the leader in all-electric truck sales for U.S. consumers as it launches its new electric Sierra pickup. The Sierra EV joins electric versions of the Hummer, including an SUV and pickup, in GMC’s electric “truck” … Read more

Wall Street extends winning run

Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | 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 are. Like what you … Read more

Wall Street extends winning run

Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | 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 are. Like what you … Read more