Subaru won’t produce EVs in the US due to McDonald’s competitive wages
Subaru says it has no plans to invest in building electric cars in the US because of high inflation, saying it can't compete with wages paid by McDonald's, Automotive News...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
Headlines
Stellantis Q3 net revenues jump 29% from a year ago
Stellantis announced its third-quarter financial results on Thursday, showing an increase in both revenues and shipments as shortages of semiconductors begin to ease.
The automaker reported third-quarter revenues of $41.2 billion,...
Polestar gets $1.6 billion funding boost from key investors
Polestar announced it has secured 1.6 billion US dollars in financing support from its major shareholders. The Swedish electric performance car brand made the announcement via press release on Thursday,...
Ford’s Oct. sales decline 10% thanks to sputtering supply chain
Ford Motor Company saw its US sales decline by 10% during October as the company struggled with ongoing supply chain issues that caused some shipments to dealers to be delayed.
On...
Fisker reveals third quarter financials, Ocean SUV starts production this month
Fisker released its third-quarter earnings on Wednesday and announced it remains on schedule to start production on its flagship electric SUV, the Ocean, on November 17.
The automaker said it has...
The Fed approves another 0.75-point interest rate hike to combat stubbornly high inflation
The Federal Reserve approved a fourth consecutive three-quarter point hike in interest rates this week and hinted at a likely shift in its monetary policy to lower inflation.
The central bank...
2023 Mercedes-Benz EQE sedan pricing starts at $74,900
Mercedes-Benz has announced pricing for its all-electric luxury sedan, the EQE, which is expected to hit US dealerships in the next few weeks.
The EQE will be available in three trim...
Aston Martin scales back delivery outlook due to supply chain problems
Aston Martin says it will miss delivery expectations for the year due to persistent supply-chain issues.
The company says it will deliver 6,200 cars instead of the earlier projection of 6,600....
Tesla plans to mass produce its Cybertruck at end of 2023 after years of delay — Reuters
Tesla's expected launch date for mass production of its Cybertruck will likely be pushed back to the end of next year because of insufficient manufacturing capacity, according to two people...
JPMorgan analysts upgrade Carvana from underweight to neutral
JPMorgan analyst Rajat Gupta upgraded shares of Carvana from underweight to neutral on Tuesday, remarking that investors have a better understanding of the risk surrounding the used car retailer after...
