Ferrari CEO Benedetto Vigna says a third of new buyers are under 40
Despite a waiting list of three years for some of its cars, Ferrari’s CEO said the company has no plans to supercharge production to meet demand. “We are a brand …
General Motors Co
Stellantis has discussed moving some truck assembly to Mexico, UAW says
UAW Vice President Rich Boyer addresses union members during a “Solidarity Sunday” rally on Aug. 20, 2023 in Warren, Mich. Michael Wayland / CNBC WARREN, Mich. – Automaker Stellantis has …
Cruise will reduce robotaxi fleet by 50% in San Francisco
In an aerial view, Chevrolet Cruise autonomous vehicles sit parked in a staging area on June 08, 2023 in San Francisco, California. Autonomous vehicle companies Cruise and Waymo have been …
How gas station economics will change in the EV charging future
As electric vehicles proliferate, some gas stations are making expensive overhauls to add EV charging stations. In most cases, they aren’t scrapping traditional liquid fuel pumps. But select locations, including …
GM’s electric Cadillac Escalade to test EV strategy, cash machine
2023 Cadillac Escalade V-Series Cadillac NEW YORK – General Motors on Wednesday will reveal a new all-electric version of the Cadillac Escalade, testing the luxury SUV’s prestige for a new …
UAW leader defends union’s lofty demands, trashes Stellantis proposals
During a Facebook Live on Aug. 8, 2023, UAW President Shawn Fain Screenshot The leader of the United Auto Workers on Tuesday adamantly defended lofty demands for the union’s members …
GM electric Cadillac Escalade IQ revealed, starting at $130,000
NEW YORK – Twenty-five years after the Cadillac Escalade launched General Motors into large, highly profitable luxury SUVs, the Detroit automaker is hoping a new all-electric version of the vehicle …
What UAW negotiations could cost GM, Ford and Stellantis
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – The Oracle of Omaha is cutting …
Cruise self-driving car in San Francisco fire truck crash, one injured
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco. Heather Somerville | Reuters A Cruise self-driving car was involved …
How totaled Tesla sold for parts in U.S. came back online in Ukraine
CNBC Executive Editor Jay Yarow’s Tesla Model X that was “totaled” in the U.S. late last year. Jay Yarow / CNBC A Tesla Model X totaled in the U.S. late …