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Thursday, December 1, 2022

Michael Wayland

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...

Autoworker union accuses GM joint venture of denying access to organize workers

In this articleGMStriking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors' Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit.Michael Wayland / CNBCDETROIT – The United Auto Wo...

More people are dying on U.S. roads, even as cars get safer. Here’s why it’s a tough problem to solve

Cars and trucks are wedged together after a deadly multi-vehicle pileup on the ice covered I-35 in a still image from video in Fort Worth, Texas, February 11, 2021.NBC5 | via ReutersNew vehicles on sale in the U.S. today are the safest and most advance...

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Decision on PAK vs ENG 1st Test on Thursday after viral outbreak affects England players, check PCB’s full statement

The first Test between England and Pakistan in Rawalpindi could be delayed according to a statement from the Pakistan Cricket Board (PCB) after many English players contracted a virus, which made them unwell.  According to the statement from PCB,...

Job openings fell in October amid Fed efforts to cool labor market

Workers sort packages at a FedEx Express facility on Cyber Monday in Garden City, New York, on Monday, Nov. 28, 2022.Michael Nagle | Bloomberg | Getty ImagesJob openings dipped in October amid the Federal Reserve's efforts to cool off a red-hot employm...

Shweta Tiwari celebrates son Reyansh’s birthday at amusement park, photos and videos go viral

Popular television actress Shweta Tiwari celebrated her son Reyansh’s sixth birthday at an amusement park. In the photos and videos that she shared on social media, she can be seen enjoying with her son. She shared a selfie with Reyansh in which they ...

GOP senators demand vote on military vaccine mandate in exchange for advancing NDAA

EXCLUSIVE: Conservative GOP senators are demanding that their party leaders in the Senate force a vote to eliminate the COVID-19 vaccine mandate in the military in exchange for advancing a year-end military funding bill, amid discontent from some about...