Tag: Automakers
Lucid Motors announces live stream event to debut Air Pure, Touring...
In a press release, Lucid Motors announced it will live-stream a global launch event called "In the Air and Beyond" on November 15, as...
Carvana’s Q3 losses shed light on slowing used car demand
Carvana shares fell in extended trading after the company announced its third-quarter financial results were worse than expected and reflected a decline in nearly...
Subaru won’t produce EVs in the US due to McDonald’s competitive...
Subaru says it has no plans to invest in building electric cars in the US because of high inflation, saying it can't compete with...
Stellantis Q3 net revenues jump 29% from a year ago
Stellantis announced its third-quarter financial results on Thursday, showing an increase in both revenues and shipments as shortages of semiconductors begin to ease.
The automaker...
Polestar gets $1.6 billion funding boost from key investors
Polestar announced it has secured 1.6 billion US dollars in financing support from its major shareholders. The Swedish electric performance car brand made the...
Ford’s Oct. sales decline 10% thanks to sputtering supply chain
Ford Motor Company saw its US sales decline by 10% during October as the company struggled with ongoing supply chain issues that caused some...
Fisker reveals third quarter financials, Ocean SUV starts production this month
Fisker released its third-quarter earnings on Wednesday and announced it remains on schedule to start production on its flagship electric SUV, the Ocean, on...
The Fed approves another 0.75-point interest rate hike to combat stubbornly...
The Federal Reserve approved a fourth consecutive three-quarter point hike in interest rates this week and hinted at a likely shift in its monetary...
2023 Mercedes-Benz EQE sedan pricing starts at $74,900
Mercedes-Benz has announced pricing for its all-electric luxury sedan, the EQE, which is expected to hit US dealerships in the next few weeks.
The EQE...
Aston Martin scales back delivery outlook due to supply chain problems
Aston Martin says it will miss delivery expectations for the year due to persistent supply-chain issues.
The company says it will deliver 6,200 cars instead...
