Ferrari CEO Benedetto Vigna says a third of new buyers are under 40
Despite a waiting list of three years for some of its cars, Ferrari’s CEO said the company has no plans to supercharge production to meet demand. “We are a brand …
General Motors Co
Stellantis has discussed moving some truck assembly to Mexico, UAW says
UAW Vice President Rich Boyer addresses union members during a “Solidarity Sunday” rally on Aug. 20, 2023 in Warren, Mich. Michael Wayland / CNBC WARREN, Mich. – Automaker Stellantis has …
Cruise will reduce robotaxi fleet by 50% in San Francisco
In an aerial view, Chevrolet Cruise autonomous vehicles sit parked in a staging area on June 08, 2023 in San Francisco, California. Autonomous vehicle companies Cruise and Waymo have been …
How gas station economics will change in the EV charging future
As electric vehicles proliferate, some gas stations are making expensive overhauls to add EV charging stations. In most cases, they aren’t scrapping traditional liquid fuel pumps. But select locations, including …
What UAW negotiations could cost GM, Ford and Stellantis
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – The Oracle of Omaha is cutting …
Cruise self-driving car in San Francisco fire truck crash, one injured
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco. Heather Somerville | Reuters A Cruise self-driving car was involved …
UAW strike cost estimated at $5 billion in 10 days
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit with Sen. Bernie Sanders, of Vermont, far left, Sept. 25, 2019. Michael Wayland | CNBC …
Jim Cramer worries about a UAW union strike at Ford. Here’s how we’re playing the stock
Jim Cramer is cautious about Ford (F) due to the heightened risk of a United Auto Workers strike, which has been a recent overhang on the Club stock. But, Jim …
GM investing in Mitra Chem, startup building cheaper LFP EV batteries
Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Future low-cost …
EV maker VinFast is now worth more than the likes of Ford and GM
BANGKOK, THAILAND – 2023/05/18: VinFast displays its vehicles at Future Energy Asia Exhibition 2023 at Queen Sirikit National Convention Center. Nathalie Jamois | Lightrocket | Getty Images VinFast’s shares jumped …