Month: November 2022

Maryland’s Montgomery School District has the most prominent electric school bus fleet in the US and is now unlocking the true potential behind these clean EV machines. Leading electric school bus provider Highland Electric Fleets is partnering with CPower to use the nation’s largest zero-emission bus fleet to help stabilize electricity demand, provide grid reliability,
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DETROIT — Ford Motor Co. said Wednesday that three top executives, including the president of its Lincoln luxury brand, will retire in the coming months as CEO Jim Farley continues to shuffle his leadership team. Joy Falotico, 55, who has run Lincoln since 2018, and Stuart Rowley, 55, Ford’s chief transformation and quality officer, will
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In-car entertainment company Holoride launched the production version of its virtual reality entertainment platform as it looks to establish its lane in the growing in-vehicle entertainment market. The Holoride offering — which uses real-time motion data from the vehicle combined with unique content to create immersive VR entertainment experiences for passengers — will be available
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 pickup trucks at a dealership in Colma, California, on Friday, July 22, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – Ford Motor’s U.S. sales last month declined by 10% as the automaker battled through supply chain issues that delayed shipments
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TOKYO – Mitsubishi Motors is weighing possible investment into the electric vehicle spinoff that French partner Renault wants to float as a new future-looking subsidiary. CEO Takao Kato said the Japanese automaker had received an overview of Renault’s plan and was considering possible participation but cautioned that deliberations had only just begun. “We are studying
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9:19 AM ET Associated Press The tit-for-tat war between Zak Brown and Chip Ganassi took another turn Tuesday when Arrow McLaren SP announced it had signed both a Ganassi sponsor and Tony Kanaan to drive the Indianapolis 500. Kanaan spent four seasons driving for Chip Ganassi Racing and the last two Indianapolis 500s. The 2003
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Seating and electronics supplier Lear Corp. reported improved financial performance in the third quarter, fueled by better market conditions. Lear said net income increased 440 percent from a year ago to $92 million in the third quarter, while sales rose 23 percent to $5.2 billion, due primarily to improved production volumes. Core operating earnings increased
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Mercedes-Benz is expanding its electric lineup at U.S. dealerships at a rapid rate. The latest addition is the 2023 EQE electric sedan. On Tuesday, the German automaker announced the 2023 Mercedes-Benz EQE will cost $76,050 (including destination) as it rolls into U.S. dealers. That price applies to the base rear-wheel-drive 350+ sedan, but it’s far
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Volkswagen Group is selling its WeShare car-sharing business to German startup Miles Mobility as the automaker retreats from what has largely been an unprofitable industry. Miles will integrate WeShare’s 2,000 VW-branded electric vehicles into its mostly combustion-engine fleet of 9,000 cars, the companies said Tuesday. Miles also ordered 10,000 EVs from the manufacturer, with deliveries
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TOKYO – Toyota Motor, slammed by higher costs, microchip shortages and slumping profits, plans to increase sticker prices for European and U.S. customers to help soften the earnings blow. Executives warned of the looming adjustments saying they are needed to offset surging input costs that drove the Japanese juggernaut’s European and North American business units
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Ford’s electric vehicles are winning over the hearts of long-time Ford fans with an upgraded driving experience and new capabilities. EV owners are using their vehicles’ frunks and added technology such as vehicle-to-load (V2L) to upgrade their Halloween festivities, taking trick or treating to the next level. This Halloween, a few Ford EV owners showcased
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7:08 AM ET Lewis Hamilton said Fernando Alonso questioning the value of his Formula One titles made him “giggle a little bit.” Ahead of the Mexican GP, Alonso told Dutch media that Max Verstappen’s two world titles are worth more than Hamilton’s seven because the Red Bull driver has not just beaten his teammate to
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