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.
Used car prices hit record high on Manheim wholesale index
Wholesale used car prices hit a record high in May. Manheim reported the average price of a vehicle was $20,260.
Tesla to launch high-end Model S 'Plaid'
It is delivery day at Tesla.
Ferrari taps chipmaker exec as CEO
Benedetto Vigna, who is set to join Ferrari as chief executive officer on Sept. 1, currently serves as STMicroelectronics' president of analog, micro-electromechanical systems (MEMS) and sensors group, its most profitable operating business in 2020.
GM trucks losing another fuel economy feature due to chip shortage
GM is removing the stop/start feature from V8-powered light duty full-size trucks due to the ongoing semiconductor shortage. The feature shuts off the engine to save fuel when the vehicle is not in motion.
Lordstown Motors says it doesn’t have cash to start commercial production
Electric-truck startup Lordstown Motors Corp. disclosed in a new regulatory filing Tuesday that it doesn’t have sufficient cash to start commercial production and has doubts about whether it can continue as a going concern through the end of the year.
Tesla's China vehicle deliveries bounce back in May
According to data from China's Passenger Car Association, Tesla sold 33,463 total vehicles in China in May. Approximately 21,936 vehicles were delivered in China, while 11,527 were exported to Europe. The delivery figures mark a 29% improvement from April, when the company sold about 26,000 electric vehicles made in China, down from roughly 36,000 in March.
Rolls-Royce CEO gives inside look at the most expensive car in history
Torsten Muller-Otvos, CEO of Rolls-Royce, says only three of the 'boat tail' models will be sold.
Biden to launch task force on bottlenecks in supply chains
The Biden administration sets out to increase domestic manufacturing, limit supply chain shortages, and become less reliant on competitors, specifically China, in addition to tackling the computer chip shortage.
Ford Maverick compact pickup aimed at 'makers' and untraditional truck buyers
Ford is targeting non-traditional truck buyers with its new compact Maverick pickup. The crossover pickup comes with a standard hybrid powertrain for $21,490.
Need to lower your car insurance? Here’s how to do it
You don’t have to take car insurance rate hikes lying down.
Hong Kong parking space sells for record $1.3 million
A parking space in Hong Kong has been sold for a record $1.3 million. The price broke the previous high mark by over 30%.
Volkswagen nears dieselgate claims settlement with former CEO Winterkorn
Volkswagen on Sunday said it had reached the broad outlines of a settlement with former boss Martin Winterkorn over his role in the dieselgate scandal, with the final details to be thrashed out over coming days.
Elon Musk hits brakes on Tesla Model S Plaid+ production
The Plaid+, which had a starting price of $149,900 before gas and tax incentives and a range of 520 miles, was supposed to be available starting in mid-2022.
Does my car insurance cover a rental if my car is out of service?
Your car insurance company may cover a rental car while it’s being repaired after an accident. Here’s what you need to know about rental reimbursement coverage.
Markets open in the green after May jobs report
FOX Business’ Stuart Varney and SlateStone Wealth chief market strategist Kenny Polcari break down Friday’s market open.
How much is Fisker's Popemobile photo op worth?
Henrik Fisker's meeting with Pope Francis to present plans to build an electric Popemobile did not take place in the Vatican as claimed, but in a reception line at an event in Rome.
GM lifts forecast as chip shortage eases, stock hits record
Shares of General Motors Co.
Ford electrified vehicle sales surge 184% in May, overall autos up 4.1%
More than 10,300 electric vehicles were sold last month, with the F-150 PowerBoost and Escape providing the largest boost, the automaker said.
Can another company usurp Tesla as leader in EV space?
Money Map Press chief strategist Shah Gilani and The Fitz-Gerald Group Principal Keith Fitz-Gerald on tech stocks, meme stocks, economic recovery and today’s markets.



















