[ad_1] 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 …
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Ford sees opportunity for Mustang as competitors abandon V8 engines
[ad_1] 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 …
Read More »What investors should know about the U.S. easing vehicle emissions rules
[ad_1] President Joe Biden speaks at the United Auto Workers political convention at the Marriott Marquis in Washington, D.C., Jan. 24, 2024. Saul Loeb | AFP | Getty Images DETROIT — The Biden administration’s decision to ease its timeline for all-electric vehicle adoption and give automakers more ways to meet …
Read More »Why a small China-made EV has global auto execs and politicians on edge
[ad_1] A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images LIVONIA, Mich. – A small electric vehicle is having a big impact on the global automotive …
Read More »Nvidia stomps the bears. Plus, Cramer’s thoughts on 2 struggling portfolio names
[ad_1] 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.) …
Read More »EV euphoria is dead. Automakers trumpet consumer choice for U.S. car shoppers
[ad_1] Although consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come. Andrew Merry | Moment | Getty Images DETROIT — The buzz around electric vehicles is wearing off. For years, the automotive …
Read More »GM hires ex-Tesla, Google exec to replace retiring head of manufacturing
[ad_1] General Motors Executive Vice President Global Manufacturing and Labor Relations Gerald Johnson (middle) watches as engineers and technicians set-up and test the machines that will be used to manufacture Level 1 face masks at a plant in Warren, Michigan. Photo by John F. Martin for General Motors DETROIT – …
Read More »GM cuts Chevy Blazer EV price as sales restart following software issues
[ad_1] The Chevrolet All-Electric Blazer EV. Scott Mlyn | CNBC DETROIT — General Motors is reducing the price of its new Chevrolet Blazer EV by thousands of dollars as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues. Current 2024 Blazer EV models will …
Read More »Biden administration to reportedly relax EV rule on tailpipe emissions
[ad_1] U.S. President Joe Biden answers questions from reporters after driving a Jeep Wrangler Rubicon Xe around the White House driveway following remarks during an event on the South Lawn of the White House August 5, 2021 in Washington, DC. Biden delivered remarks on the administration’s efforts to strengthen American …
Read More »Companies — profitable or not — make 2024 the year of cost cuts
[ad_1] Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that …
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