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You Searched For "automakers" and got 18 results


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1 min read

Ford drops 12% as earnings fall short and automaker warns of continuing shortage in key chip components

Despite the disappointing quarterly results, the second-largest US automaker issued an optimistic f…

Phil Rosen   


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2 mins read

The chip crisis is helping automakers and dealers do something they've wanted to do for decades: quit offering incentives and deals

On average US automakers are making $3,000 more per car and up to $10,000 more on pickups and SUVs …

Dominick Reuter   


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1 min read

Ford Announces A Huge Hiring Increase In The US

The new jobs are part of how Ford plans to fulfill a promise it made to the United Auto Workers uni…

Agence France Presse   


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1 min read

This Tiny Car Gets 84 Miles Per Gallon And Costs Just $6,800

The car, made by American auto-startup Elio Motors, gets 84 miles per gallon and costs only $6,800.…

Jillian D'Onfro   


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1 min read

Tesla shares jump 12% on first day of post-split trading

Shares of Tesla have gained more than 70% since the company announced in early August that it would…

Carmen Reinicke   


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1 min read

MG Motor retail sales up 2% to 4,154 units in November

MG Motor India on Friday said its retail sales increased by 2 per cent to 4,154 units in November 2…

PTI   


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2 mins read

Here's why there's a global computer chip shortage that is slamming automakers during the pandemic

It has to do with automakers and consumer electronics companies vying for computer chips that have …

Katie Canales   


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1 min read

Huawei aims to make electric cars later this year

Chinese tech giant Huawei is planning to make electric cars under its own brand, and some models ma…

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2 mins read

Automakers will find themselves in a 'big trap' if the transition toward EVs slows down, Stellantis CEO says

Carlos Tavares said automakers will have to wrestle with higher costs as they have to invest in bot…

Kwan Wei Kevin Tan   


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3 mins read

Automakers are facing an uphill battle as inventory piles up and workers threaten to go on strike

Everyone seems mad at the Detroit automakers these days: Dealers, workers, and parts makers. Here's…

Alexa St. John   


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1 min read

Toyota records highest-ever monthly sales in February

Toyota Kirloskar Motor on Friday reported its best-ever monthly wholesales at 25,220 units in Febru…

PTI   


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1 min read

Automakers must soon install tech in new cars that can detect and stop drunk drivers, Congress says

Biden's infrastructure bill says carmakers must install tech that can check if a driver is drunk an…

Kate Duffy   


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3 mins read

It's not just the chip shortage — other supply chain disruptions are wreaking havoc on automakers and helping keep prices high

Despite huge profits, high demand, and low inventory, automakers are bracing themselves for more su…

Alexa St. John   


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1 min read

Fisker tells employees that 4 automakers are in talks to buy the struggling startup

Fisker is in talks with four automakers for possible acquisition, CEO Henrik Fisker told employees,…

Grace Kay   


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3 mins read

The sneaky way automakers are keeping car prices high

Automakers are using a variety of tricks to limit how much inventory they have sitting on dealershi…

Alexa St. John   


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2 mins read

Automakers like Ford and GM are scrambling to make EVs cheaper as battery prices rise for the first time in years

Automakers have a few tricks to drive battery costs down, but experts say car buyers shouldn't expe…

Alexa St. John   


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1 min read

Luminar jumps 19% after Mercedes acquires stake in the company and plans to use its tech for self-driving cars

Shares of Luminar skyrocketed after Mercedes-Benz announced plans to use the technology supplier's …

Phil Rosen