automakers

General Motors Co (NYSE: GM) on Monday launched a digital-friendly credit card with Goldman Sachs Group Inc’s (NYSE: GS) consumer banking platform Marcus, the Detroit Free Press reported. What Happened: The move is a significant step for the legacy automaker as it migrates to a digital...

German automaker BMW (OTC: BMWYY) revealed a concept vehicle at the recently-held Consumer Electronics Show in Las Vegas that can change color. What Happened: The concept was showcased on the company’s iX electric SUV with “E Ink” technology that changes color due to a specially-...

Ford Motor Co (NYSE: F) said on Tuesday it plans to nearly double production of its hotly-anticipated F-150 Lightning all-electric truck to meet soaring demand, and the automaker is opening the first wave of order banks this Thursday. What Happened: The Dearborn, Michigan-...

Ford Motor Co (NYSE: F) told Benzinga on Tuesday it is seeing high fleet demand for its commercial electric vehicles E-Transit and the F-150 Lightning Pro and expects the models to sell out quickly. What Happened: The electric variant of Ford’s commercial van Transit is expected to go on...

The semiconductor crisis worsened for the U.S. automakers in the third quarter as the waiting period for key chips soared to the highest since the start of the pandemic, as per Kerrigan Advisors, a sell-side advisor for auto dealers. What Happened: The wait time for chip deliveries soared to over...

Ford Motor Co (NYSE: F) and Volkswagen Group (OTC: VWAGY) led the decline in new car registrations in the European Union last month, data from European Automobile Manufacturers’ Association (ACEA) showed. What Happened: Overall, new passenger car registrations in the EU fell 20.5% to 713,346...

Ford Motor Co’s (NYSE: F) four-door SUV 2021 Bronco has failed to secure a coveted safety award from The Insurance Institute for Highway Safety (IIHS), the industry-funded group said on Wednesday. What Happened: The Dearborn, Michigan-based company fell short of securing the safety...

Ford Motor Co (NYSE: F) Chairman William Clay Ford Jr, popularly known as Bill Ford, exercised stock options to buy nearly 2 million shares of the company, according to a regulatory filing. What Happened: Bill Ford, who is the great grandson of founder Henry Ford, acquired 1,923,238 shares for...

Ford Motor Co (NYSE: F) is inviting workers even if they do not have a prior automotive or manufacturing experience to join the legacy automaker.  What Happened: The Dearborn, Michigan-based automaker is inviting workers to show up at the career fair at the Kentucky Truck Plant, home to its...

Tesla Inc (NASDAQ: TSLA) fans are having a field day slamming legacy rival Ford Motor Co’s (NYSE: F) electric vehicle charging stations that it is deploying at the dealerships. What Happened: Photographs of Ford’s newly installed charging station installed at one of its dealerships have...

Ford Motor Co’s (NYSE: F) five-door electric crossover Mustang Mach-E ranked higher than Tesla Inc’s (NASDAQ: TSLA) Model 3 sedan and other electric models in the latest annual reliability score compiled by Consumer Reports. What Happened: Overall, Ford secured the eighteenth spot...

Volkswagen Group (OTC: VWAGY) is replacing Stephan Woellenstein, CEO of its China operations, Reuters reported on Tuesday, citing sources. What Happened: Woellenstein would leave the post on Feb. 1 after holding the position for three years. Ther German automaker is in talks with three to four...

CNBC "Mad Money" host Jim Cramer said on Monday he has reservations about whether the electric vehicle maker Rivian Automotive Inc can replicate Tesla Inc’s (NASDAQ: TSLA) success and that he’d rather buy shares of Ford Motor Co (NYSE: F). What Happened: Cramer said on his...

Ford Motor Company’s (NYSE: F) crate motor that can be used to retrofit internal combustion engine vehicles with electric drivetrains is already sold out. What Happened: The Eluminator crate motor is already sold out as per the North American director of Ford Accessories Mark Wilson,...

Ford Motor Co (NYSE: F) revealed a key element to its electric vehicle strategy earlier this year when it revealed an electric version of its best-selling and most profitable pickup truck F-150 that would go on sale next year starting at just under $40,000 for the base version with a 230-mile range...