October 8, 2024
“Stellantis reported U.S. sales Wednesday of 305,294 from July through September, a 19.8% decline from the third quarter of 2023. The company was expected to be the worst sales performer of major automakers during the third quarter. Stellantis’ disappointing sales… Continue Reading…
October 2, 2024
“Tesla posted third-quarter deliveries and production numbers on Wednesday. The company’s stock price jumped 32% in the quarter, which ended on Monday. Tesla faces increasing competition, most notably in China…” https://www.cnbc.com/2024/10/02/tesla-tsla-q3-2024-vehicle-delivery-and-production-numbers.html
October 1, 2024
“…Salt water exposure can damage the battery components in electric vehicles, potentially leading to dangerous chemical reactions that could cause the vehicle to catch fire. Residents who may have left electric vehicles behind when they evacuated from affected areas are… Continue Reading…
July 29, 2024
“one of America’s Big Three automakers, collapsed 16.7% through 12:45 p.m. ET Thursday after the company reported a huge earnings miss last night. Analysts had forecast Ford would earn $0.68 per share on $44 billion in Q2 sales. While Ford exceeded… Continue Reading…
May 9, 2024
“…Here is how the company performed in the first quarter, compared with average estimates compiled by LSEG: Carvana reported record first-quarter net income of $49 million, compared to a $286 million loss during the prior-year period. It also posted an… Continue Reading…
April 15, 2024
“Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down around 3% on Monday morning… Tesla shares have taken a bruising in recent months, falling… Continue Reading…
April 15, 2024
“Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol… Globally, all-electric sales at the owner of Audi, Skoda and Porsche dropped by 3pc to 136,400, while… Continue Reading…
April 8, 2024
“…The filing comes weeks after Apple canceled a long-running project to build an electric, self-driving car in a team called the Special Projects Group. While the California notice didn’t mention the specific projects where jobs are being cut, none of the locations… Continue Reading…
March 27, 2024
“THE… bridge collapse in Maryland will result in widespread disruption to trade but Americans are set to avoid a return to the supply chain chaos seen during the Covid-19 crisis, experts have said. Shipping has been suspended at the Port… Continue Reading…
March 27, 2024
“At least eight states are planning to ban the sale of new gas-powered cars in the next decade – and others are considering joining them. Only zero-emission vehicles can be sold in participating states beginning from the 2035 model year, according… Continue Reading…
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