Ford delays new EV plant, cancels electric three-row SUV

Ford delays new EV plant, cancels electric three-row SUV

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor is delaying production of a new plant in Tennessee to produce a next-generation all-electric pickup truck and canceling plans for a three-row electric SUV, the company said Wednesday. Instead, … Read more

China calls EU tariffs on EVs unfair, says it will defend industry

China calls EU tariffs on EVs unfair, says it will defend industry

An aerial view of new BYD electric cars to be exported on a dock in Yantai in east China’s Shandong province.  Tang Ke | Future Publishing | Getty Images The Chinese government on Wednesday hit out at the European Union over tariffs on electric vehicle imports, after the bloc lowered duties on several major electric … Read more

Harley-Davidson drops diversity efforts after online pressure

Harley-Davidson drops diversity efforts after online pressure

Harley-Davidson is dropping some of its diversity, equity and inclusion efforts, according to a statement released Monday on social media site X. The motorcycle company said it has stopped consulting the Human Rights Campaign’s metric for treatment of LGBTQ+ employees, and that its sponsorship decisions will now be determined by the company and foundation, which … Read more

Mynaric MYNA stock tanks after slashing revenue guidance, CFO exit

Mynaric MYNA stock tanks after slashing revenue guidance, CFO exit

A rendering of the company’s laser communications system on satellites in orbit. Mynaric Space stock Mynaric tanked in trading Tuesday after the company announced heavy cuts to its previous revenue forecast and the departure of the company’s chief financial officer. Germany-based Mynaric slashed its 2024 revenue guidance nearly 70% at the midpoint, cutting its previous … 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

Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT

Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT

Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Alaska Airlines said that its plan to acquire Hawaiian Airlines has cleared the U.S. Justice Department after the period for antitrust … Read more

Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures

Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures

A Boeing 777x aircraft during an aerial display on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022. Jason Alden | Bloomberg | Getty Images Boeing said Monday that it has paused flight tests of its 777X after it found damage in a structure of one of the … Read more

GM reveals GMC Yukon ‘AT4 Ultimate’ to expand reach of high-end SUVs

GM reveals GMC Yukon ‘AT4 Ultimate’ to expand reach of high-end SUVs

2025 GMC Yukon AT4 Ultimate GMC DETROIT — General Motors is expanding its high-end GMC Yukon lineup to include a new “AT4 Ultimate” model as part of updates to the large SUV for the 2025 model year. The new model will slate in between the luxury “Denali” and “Denali Ultimate” models. The automaker declined to … Read more

GM lays off more than 1,000 salaried software and services employees

GM lays off more than 1,000 salaried software and services employees

A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT – General Motors is laying off more than 1,000 salaried … Read more

Polaris Dawn mission launch date, details

Polaris Dawn mission launch date, details

Polaris Dawn commander Jared Isaacman during spacesuit testing. John Kraus / Polaris Program SpaceX is preparing to launch its next private mission by the end of the month, featuring the first attempt to have the astronauts step out into space. The Polaris Dawn mission — the first of three flights billionaire and Shift4 founder Jared … Read more