CEO Farley says Ford received 36,000 Maverick pickup reservations in first week
Ford received 36,000 reservations for it's new Maverick compact pickup in the first week the books were open. The crossover-based hybrid goes on sale this fall.
Car loans and the impact on insurance rates: what you need to know
States vary, but you may be required to carry collision and comprehensive insurance if you have a car loan. But what if you pay off your car loan? Will your rates drop?
Lordstown Motors' latest snafu slams stock
Lordstown Motors, which recently warned it does not have enough cash to start commercial production and raised doubts about its ability to remain in business through the end of the year, has now revealed it does not have binding purchase orders or commitments from customers on its electric Endurance pickup truck.
Ford’s Bronco, F-150 Lightning behind profit outlook boost
Ford's CEO Jim Farley says customer orders are rolling in and that means future profits will be higher than expected.
Exclusive: Hyundai CEO José Muñoz says record May sales were thanks to smart planning and sedans
Hyundai North America president and CEO Jose Munoz told The Fox Garage the company was well-positioned to take advantage of a shortage of cars among other brands in May. The automaker will soon add the first pickup to its lineup this summer.
Lawmakers press GM CEO on California emissions, Mexico labor
General Motors Chief Executive Mary Barra faced questions from U.S. lawmakers on Wednesday on a workers’ vote at a company plant in Mexico and the company's support for emissions reductions.
US car rental prices could double by August amid nationwide shortage
It’s going to be a scorcher of a summer when it comes to car rental prices, The Post has learned.
Alphabet's Waymo raises $2.5B in fresh capital
Waymo co-CEOs Tekedra Mawakana and Dmitri Dolgov said the fresh capital will help Alphabet's autonomous vehicle unit advance its self-driving technology, Waymo Driver, and continue growing its team.
GM boosting electric and autonomous vehicle spending to $35 billion, two new factories planned
General Motors is increasing its investments in electric and autonomous vehicles to $35 billion by 2025. The automaker will build two additional battery factories in the U.S. in addition to the two previously announced.
GM to boost spending on electric vehicles 30%, add two new battery plants - sources
General Motors Co will boost global spending on electric and autonomous vehicles to $35 billion through 2025, a 30% jump over its most recent forecast as it pursues EV leadership, people briefed on the matter told Reuters.
Ford recalling over 19,000 F-Series Super Duty vehicles for loose wheel hub extenders
The recall impacts 17,616 vehicles in the U.S. and federal territories, 1,779 vehicles in Canada and 231 vehicles in Mexico.
2021 Ford Bronco production underway in Michigan amid chip shortage
Ford confirmed that 125,000 of the 190,000 reservations it has received for the off-road SUV have already been converted to orders. FOX Business’ Jeff Flock with more.
Ford reports 125,000 firm orders for new Bronco as production begins
Production of the 2021 Ford Bronco is underway in Michigan as the first shipments to dealers begin. Ford says it has 125,000 orders for the much-anticipated SUV.
Lordstown Motors CEO, CFO resign as startup's struggles continue
Lordstown Motors CEO Steve Burns has resigned, along with CFO Julio Rodriguez as the startup automaker faces financial issues.
Pandemic pushes average age of American cars to record 12.1 years
High prices and less driving led the average age of the U.S. vehicle fleet to a record high of 12.1 years in 2020, according to IHS Markit.
Volkswagen, Audi say 3.3 million customers' data exposed in North America
Volkswagen said a third party may have obtained the information of about 3.3 million customers or potential buyers in a Friday letter, according to reports.
How to save on car insurance during the coronavirus pandemic
COVID-19 has changed the way Americans drive. That leads to savings opportunities on auto insurance.
Tesla’s Model S Plaid debuts to just 25 cars rolling out
Tesla delivered the Model S Plaid sedans to the first 25 customers at an event at its Fremont, Calif., factory Thursday night.
Tesla is a stock 'I'll never personally own': Investment strategist
Strategic Wealth Partners investment strategist Luke Lloyd explains why he'll never personally invest in Tesla stock.
Ford F-150 Lightning pre-orders hit 100K
Ford's reservations for the all-electric pickup, which will officially open this fall, only require a $100 refundable deposit.


















