Toyota CEO Akio Toyoda speaks during a small media roundtable on September 29, 2022 in Las Vegas. Toyota LAS VEGAS — Toyota Motor CEO Akio Toyoda said simply last week what he would like his legacy to be: “I love cars.” How well the 66-year-old racer, car enthusiast and company scion will be remembered when …
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan on May 19, 2021. Rebecca Cook | Reuters DETROIT — As Ford Motor’s new CEO, Jim Farley has promised more transparency on Wall Street as well as a clear plan for the future. At the time, Ford was considered behind …
New York is following in California’s tire tracks, taking drastic measures to reduce greenhouse gas emissions. The Empire State will completely ban the purchase of new gas-powered cars by 2035. “With sustained state and federal investments, our actions inspire New Yorkers, local governments and businesses to make the transition to electric vehicles. We are advancing …
New York to Ban New Gas-Powered Vehicles, Following California’s Lead Read More »
2023 Ford Super Duty F-350 Limited Ford DETROIT — Ford Motor is redesigning a core product line, leveraging new software and connected data metrics, to boost profits in its commercial vehicle business. The Detroit automaker on Tuesday unveiled its 2023 F-Series Super Duty trucks, a line of vehicles ranging from large pickup trucks to commercial …
An American Airlines plane lands on a runway near a parked JetBlue aircraft at Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The Justice Department heads to court in Boston on Tuesday hoping to undo a year-and-a-half-old pact between American Airlines and JetBlue Airways in the …
Justice Department fight with JetBlue and American Airlines heads to court Read More »
In China, new energy vehicles are usually given green license plates, which are often easier for residents to apply for than the blue license plate of a traditional gasoline-powered car. CGV | Visual Group China | Getty Images BEIJING — As Chinese companies produce new electric cars, local insurance companies believe they are more expensive …
Flood of new electric cars in China cost 20% more to insure than gasoline cars Read More »
Ford Mustang 2024 Source: Ford Convertibles – once a sign of outdoor freedom, road trips and summer adventures – are disappearing as the auto industry shifts to fully electric cars and more rugged sport utility vehicles. Sales of traditional convertibles such as the Chevrolet Camaro and Ford Mustang, as well as roadsters such as the …
Convertibles plummet as automakers invest in electric vehicles Read More »
Elon Musk continues to move the lines defining the role of a CEO. The world’s richest man (estimated at $254 billion on Sept. 22 by the Bloomberg Billionaires Index) has torn apart traditions that say CEOs must shut up and keep their hands off geopolitical affairs to protect profits. In a world in search of …
Elon Musk provides Starlink to Iran fighting the Islamic regime Read More »
Another tough week for US equities ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …
These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market Read More »
Ford Motor Co. Battery-powered F-150 Lightning trucks being produced at their Rouge Electric Vehicle Center in Dearborn, Michigan, Sept. 20, 2022.Photo: Photo by JEFF KOWALSKY/AFP It’s a story that’s become familiar ever since the start of the pandemic and continues to this day: Ford is holding vehicles due to parts shortage. Primarily, the automaker has …
Ford Delays F-150 Deliveries Due to Shortage of Blue Oval Badges: Report Read More »
