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Alba Iulia
Friday, March 31, 2023

Michael Wayland

Historic UAW election picks reform leader who vows more aggressive approach to auto negotiations

Supporters wave signs during an address at the Time Warner Cable Arena in Charlotte, North Carolina, on September 5, 2012 on the second day of the Democratic National Convention (DNC).Mladin Antonov | AFP | Getty ImagesDETROIT – United Auto Workers mem...

Why there may be no return to ‘normal’ for the U.S. used vehicle market

Customers browse in a used car lot on February 15, 2023 in Glendale, California.Mario Tama | Getty ImagesAll new vehicles become used cars and trucks once they're sold.It's an obvious statement, but one that needs to be laid out to explain the root cau...

Ford reports slight uptick in quarterly sales that misses analysts’ expectations

Electric Ford F-150 LightningAndrew Evers / CNBCDETROIT – Ford Motor on Tuesday reported a slight increase in new vehicle sales for the second quarter that missed automotive analysts' expectations.The company said sales rose 1.8% to 483,688 new vehicle...

GM’s quarterly sales fall but show improvement from beginning of year

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021.Rebecca Cook | ReutersDETROIT – General Motors' U.S. vehicle sales were down about 15% in the second quarter from a year ago as the automaker cont...

Raw material costs for electric vehicles have doubled during the pandemic

Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company's manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022.Jamie Kelter Davis | Bloomberg | Getty ImagesRaw material costs for electri...

GM investing $81 million to hand build ultra-exclusive Cadillac Celestiq electric cars

Front driver's side view of the Celestiq show car, which GM is expected to unveil in late-July.GMDETROIT – General Motors on Wednesday said it is investing $81 million at its global design and technology campus in suburban Detroit to hand build the upc...

CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap

In this articleFThe all-electric Chevrolet Silverado at the New York Auto Show, April 13, 2022.Scott Mlyn | CNBCDETROIT – The CEOs of General Motors, Ford Motor, Chrysler parent Stellantis and Toyota Motor North America are urging Congress to lift the ...

GM and Lockheed are taking their lunar rover project to the commercial space market

In this articleLMTGMMILFORD, Mich. — General Motors and Lockheed Martin said Thursday they plan to produce an array of moon-roving vehicles for commercial space missions and services powered by the automaker's electric vehicle battery technology.The co...

Volkswagen is ‘actively’ looking to build new electric vehicle and battery facilities in the U.S., exec says

Scott Keogh, VW, in San Francisco, California, Sept. 18, 2018.David Paul Morris | Bloomberg | Getty ImagesCHATTANOOGA, Tenn. – Volkswagen is "actively" looking to establish new assembly and battery facilities in the U.S., Volkswagen of America CEO Scot...

Ford CEO expects consolidation among automakers and suppliers as EV transition fuels costs

In this articleFFord CEO Jim Farley poses next to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, April 26, 2022.Rebecca Cook | ReutersDETROIT – Ford Motor CEO Jim Farle...

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