These EVs loses tax credits as U.S. boots China from supply chain
Electric vehicle demand could take a hit next year with several models expected to lose crucial tax credits as the U.S. moves to cut China out of its battery supply …
Ford Motor Co
Why Ford should double down on hybrids as it backs off EVs
Ford Motor ‘s decision to cut production of its electric pick-up allows the automaker to refocus its strategy around its highly profitable hybrid vehicles, which in turn should boost its …
Ford cuts 2024 production plans in half
Ford workers produce the electric F-150 Lightning pickup at the automaker’s Ford Rouge Electric Vehicle Center on Dec. 13, 2022. Michael Wayland | CNBC DETROIT — Ford Motor will cut …
2.5 Million New Cars Are Just Sitting On Dealer Lots
Good morning! It’s Monday, December 11, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
UAW files unfair labor practice charges against Hyundai, Honda, VW
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT – The United Auto Workers …
Automakers turn to hybrids in the middle of the EV transition
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT – As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their …
Jim Cramer gets answers from the CEOs of Amazon and Ford
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. U.S. stocks climbed higher …
Cruise Facing Penalties For ‘Misleading’ Regulators After Robotaxi Dragged Woman For 20 Feet
Happy Tuesday! It’s December 5, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here …
Ford’s strong hybrid sales show the company needs to pivot to increase profits
Exploding consumer demand for Ford (F) hybrids last month is further evidence the automaker should pivot its production focus and scale back on electric vehicles. Hybrids “make a ton of …
Jim Cramer’s top 10 things to watch in the stock market Monday
My top 10 things to watch Monday, Dec. 4 1. U.S. stocks are lower in premarket trading, with S & P 500 futures down 0.54%. The move comes after five-straight …