Tag: Automakers
Tesla plans to mass produce its Cybertruck at end of 2023...
Tesla's expected launch date for mass production of its Cybertruck will likely be pushed back to the end of next year because of insufficient...
JPMorgan analysts upgrade Carvana from underweight to neutral
JPMorgan analyst Rajat Gupta upgraded shares of Carvana from underweight to neutral on Tuesday, remarking that investors have a better understanding of the risk...
Hyundai, Kia report record-breaking US sales for October 2022
Kia America and Hyundai America both announced record sales results for the month of October on Tuesday.
Kia America reported record sales of 58,276 units...
Biden warns oil companies will face ‘higher tax’ if production does...
President Joe Biden spoke from the White House on Monday, calling on oil and gas companies to redirect their record profits to lower costs...
Mopar reveals electromod Jeep CJ Surge concept at 2022 SEMA conference
Mopar, the aftersales brand of Jeep maker Stellantis NV, is hoping to cash in on the "electromod" trend of converting new and classic cars...
Nikola and KeyState announce collaboration to support hydrogen fuel cell EVs
EV maker Nikola announced it is working with KeyState Natural Gas Synthesis, a joint venture between KeyState Energy and Frontier Natural Resources Inc., to...
Kia adds off-road packages, raises prices for 2023 Telluride
Kia is updating its popular three-row SUV model: the Telluride, with new features for 2023, including an upgraded design, new driving capabilities, and a...
General Motors delays North American EV production goal by six months
General Motors has pushed back its previous plan of producing 400,000 electric vehicles in North America to the first half of 2024.
During the company's...
Decline in leasing could have significant long-term impacts on retail auto...
A new report from Cox Automotive says the role of leasing in the post-COVID marketplace has "declined substantially" and warned the trend could have...
Jury orders Ford to pay $105 million to Versata software over...
Ford Motor Company was ordered to pay almost $105 million in damages to Versata Software by a federal jury in Michigan this week for...