automakers

Ford Motor Co (NYSE: F), Volkswagen Group (OTC: VWAGY) and Renault Group (OTC: RNLSY) are among global automakers that are going to see an impact on production following Russia's invasion of Ukraine. What Happened: French automaker Renault and Germany’s Volkswagen plan to halt production...

Volkswagen Group (OTC: VWAGY) CEO Herbert Diess said on Wednesday self-driving technology will be a big game-changer in the coming years and that the German automaker is working on a $22,000 electric car as it speeds up efforts to overtake current market leader Tesla Inc (NASDAQ: TSLA) in...

Tesla Inc (NASDAQ: TSLA) has secured a five-year agreement with Australia’s Liontown Resources to supply lithium spodumene concentrate to the Elon Musk-led electric vehicle maker. What Happened: Tesla will buy 100,000 dry metric tonnes (DMT) of the lithium concentrate in the first year and up...

General Motors Co (NYSE: GM) said on Tuesday it will resume production of the Chevrolet Bolt EV and EUV, putting to rest speculation that the legacy automaker is planning to pull the plug on the small electric vehicle. What Happened: The Detroit, Michigan-based automaker said it plans to resume...

Electric vehicle ads in the latest Super Bowl game are an indication that competition for Tesla Inc (NASDAQ: TSLA) is on the way, Loup Funds analysts Gene Munster and Doug Clinton said on Monday. What Happened: The analysts were of the view that Super Bowl ads are a good way to peek into where...

Ford Motor Co (NYSE: F) is considering flying some auto parts as it looks for alternative options to move supplies while key U.S.-Canada borders remain blocked, Reuters reported on Thursday. What Happened: The Dearborn, Michigan-based automaker is mulling options to fly some of the parts to its...

Ford Motor Co (NYSE: F) and Toyota Motor Corp (NYSE: TM) are halting some production as anti-COVID-19-mandate protesters blocked key U.S-Canada border crossings, Reuters reported on Wednesday. What Happened: Toyota does not expect to make vehicles at its Ontario sites for the rest of the week and...

Ford Motor Co (NYSE: F) said on Tuesday it has begun deliveries for E-Transit, the electric version of its top-selling cargo vans, from the Kansas City Assembly Plant and it is working on increasing production. What Happened: The Dearborn, Michigan-based automaker said the electric variant of...

Ford Motor Co (NYSE: F) CEO Jim Farley said on Thursday the company's hotly-anticipated electric pickup truck F-150 Lightning has enough demand to match that of Tesla Inc’s (NASDAQ: TSLA) mid-size electric sports utility vehicle Model Y. What Happened: Farley said that, based on the...

Ford Motor Inc (NYSE: F) CEO Jim Farley on Wednesday said he supports President Joe Biden’s signature $1.75 trillion Build Back Better (BBB) legislation and hopes that the government can find a "path forward" to make it happen. What Happen: Farley shared his view on the...

U.S. President Joe Biden on Tuesday lauded General Motors Co’s (NYSE: GM) latest $7 billion electric vehicle investment in Michigan while giving himself credit for putting in place the "economic strategy" that is at the centre of the change. What Happened: Biden said the Detroit,...

General Motors Co (NYSE: GM) CEO Mary Barry and Ford Motor Co (NYSE: F) CEO Jim Farley are among key automotive and tech executives who will meet President Joe Biden at a White House meeting on Wednesday to discuss his signature $1.75 trillion Build Back Better (BBB) legislation, Reuters reported....

General Motors Co (NYSE: GM) President Mark Reuss said on Thursday the automaker has begun making the pre-production  Cadillac Lyriq EV crossover nine months ahead of schedule from its Spring Hill facility. What Happened: Reuss revealed the details in a LinkedIn post, a professional networking...

Ford Motor Co (NYSE: F) is recalling nearly 200,000 cars in the United States, the Associated Press reported on Wednesday. What Happened: The recalls are related to a problem that can stop the brake lights from turning off. The recall covers certain 2014 Ford Fusion models as well as some 2015...