Tag: Autos
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Ford CEO says it’s ‘too late’ for Europe to fend off Chinese automakers, but not U.S.
CEO Jim Farley’s warning comes on the heels of a high-profile visit last week by Chinese President Xi Jinping with President Donald Trump
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Elon Musk, SpaceXAI subpoenaed by NYC in AI safety investigation
The New York City Council issued a subpoena to Musk, requiring that he or another representative of SpaceXAI testify in an investigation concerning AI safety.
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SpaceX prepares to send Starship rocket to orbit for first time
Elon Musk’s SpaceX is poised to launch a historic test flight of its massive Starship rocket early Monday.
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Trump says he approved new fuel economy standards, rolling back Biden-era rules
The new fuel economy standards will reverse the Biden administration’s stricter policies meant to spur electric vehicle adoption.
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Tesla poised to scale production of heavy-duty Semi trucks with opening of Nevada factory
Elon Musk’s automaker is set to open its first heavy-duty truck factory in Sparks, Nevada, as Tesla seeks to expand its reach.
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Rising Treasury yields could push car loan rates higher, experts say. What buyers need to know
Bond yields have spiked due to expectations of persistent inflation and further interest rate hikes from the Federal Reserve, which may impact auto loan rates.
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Hyundai expected to outsell Ford in third quarter as Detroit automakers lack hybrids
Cox analysts said Ford and General Motors are seeing sales lag because they don’t have many hybrid vehicles.
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Bentley takes on Ferrari with its first EV priced at $230,000
Bentley CEO Frank-Steffen Walliser says there is “growing” acceptance of EVs among wealthy buyers.
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As Trump and Xi meet, Chinese automakers could be a Pandora’s box for U.S. auto industry
Trump’s meeting with Xi comes as U.S. automakers and lawmakers push to keep restrictions on Chinese vehicles and manufacturers.
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Autonomous trucking company Aurora looks to accelerate toward profitability
Aurora’s founder and CEO told CNBC the company is targeting positive free cash flow by 2028, driven by a substantial increase in the number autonomous trucks.
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