Ford reports 7.1% increase in U.S. vehicle sales
2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT – Ford Motor’s U.S. sales increased about 7% last year, marking the automaker’s best sales since 2020 but coming in lower than …
Toyota Motor Corp
Companies losing pricing power after years of unbridled spending
Pedestrians carrying Nike and Allbirds shopping bags in the SoHo neighborhood of New York on Oct. 24, 2021. Nina Westervelt | Bloomberg | Getty Images After years of unbridled consumer …
VinFast Has Officially Entered The Dealer Game
Happy Wednesday! It’s December 27, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here …
Inflation has created a dark cloud over how everyday Americans view the economy
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images When Kyle Connolly looks back at 2023, she sees …
These outperforming global stocks could soar further in 2024: analysts
Markets in the U.S. and elsewhere have had a strong run this year. The S & P 500 is up around 24% year-to-date, and the MSCI World index has jumped …
Toyota’s Daihatsu to halt vehicle shipments as safety scandal widens
A Daihatsu Motor Co. Boon CILQ vehicle, right, and a Toyota Motor Corp. Passo vehicle are displayed during a press conference in Tokyo, Japan, on Monday, April 11, 2016. Bloomberg …
Tesla to raise pay rate for hourly Nevada Gigafactory workers in Jan.
Security gate outside the Tesla Motors Gigafactory site east of Reno, Nevada. David Calvert | The Washington Post | Getty Images Tesla has informed workers at its battery factory in …
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 …
UAW launches union campaigns at Tesla, 12 other automakers in the U.S.
United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South Burley Avenue on Saturday, Oct. 7, 2023, in Chicago. John …
2023 was the year of EV investment, but consumers still prefer hybrids
It’s going to take a lot more than price cuts to sway some consumers to pick an electric vehicle over a hybrid alternative. “[EVs are] a huge shift from the …