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Ford Motor Co

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

by Horatio Thompson
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 …

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Classic car sales stall in Monterey as new generation takes charge

by Horatio Thompson
Classic car sales stall in Monterey as new generation takes charge

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to …

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5 things to know before the stock market opens Thursday

by Vera Ward
5 things to know before the stock market opens Thursday

Here are the most important news items that investors need to start their trading day: 1. Rate rally After a selloff prompted by fears about the economy earlier this month, …

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Fed minutes signal September rate cut

by Horatio Thompson
Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Fed minutes signals September rate cut

by Horatio Thompson
Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …

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

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

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 …

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GMC targets electric truck leadership against Tesla, Ford, Rivian

by Anas Siddiqui
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 …

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New Lincoln Navigator includes spa mode, 48-inch display for gaming

by Horatio Thompson
New Lincoln Navigator includes spa mode, 48-inch display for gaming

2025 Lincoln Navigator Lincoln  Ford Motor is updating its Lincoln Navigator to include a 48-inch front display that can be used as a “sanctuary” for spa lovers and gamers alike. …

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We’re downgrading Ford after automaker’s old issues cut into earnings

by Horatio Thompson
We’re downgrading Ford after automaker’s old issues cut into earnings

Ford Motor on Wednesday reported a disappointing second quarter, missing earnings expectations by a wide margin as higher warranty costs ate into profits. We’re downgrading the automaker and sending its …

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Chinese EV startups are spending more on research than Tesla is

by Horatio Thompson
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 …

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