G.M.’s Profits Fell 3% in the First Quarter
The automaker reported an 11 percent jump in revenue for the first three months of the year compared with a year earlier.
Ford Has Made 2,000 Electric F-150 Lightning Trucks, It Says
Deliveries of the F-150 Lightning, Ford’s most important new vehicle in many years, will begin in the coming week, it said.
Jim Farley Tries to Reinvent Ford and Catch Up to Elon Musk and Tesla
Ford’s chief executive is about to introduce an electric F-150 pickup truck that could determine whether the automaker can survive and thrive in an industry dominated by Tesla.
Toyota’s U.S. Sales Fell 15% in the First Quarter Amid a Chip Shortage
The company struggled to produce vehicles in the first three months of the year, a sign that shortages could last longer than executives had hoped.
Stellantis, maker of Chryslers and Jeeps, and LG will spend $4 billion on a new battery factory in Ontario.
The automaker, which was created by the merger of Fiat Chrysler and Peugeot, has lagged in the fast-growing market for electric cars.
Cadillac Lyriq Starts Production, Expanding G.M.’s Electric Lineup
The sport utility vehicle, made in Tennessee, is one of more than 20 E.V. models that General Motors plans to roll out in the U.S. within three years.
Cadillac Lyriq Starts Production, Expanding G.M.’s Electric Lineup
The sport utility vehicle, made in Tennessee, is one of more than 20 E.V. models that General Motors plans to roll out in the U.S. within three years.
Ford Splits Into Electric and Gas Divisions to Speed Up Transition
E.V. operations will focus on technology and growth while the traditional business continues to chase profits. “You can’t have people work on both at the same time,” the chief executive said.
Ford Splits Into Electric and Gas Divisions to Speed Up Transition
E.V. operations will focus on technology and growth while the traditional business continues to chase profits. “You can’t have people work on both at the same time,” the chief executive said.
Stellantis Reports Big Profit Even as Chip Shortage Cut Output
The automaker, which owns Jeep, Ram and Fiat, said its profit more than doubled, thanks to higher prices and cost-cutting measures that outweighed interruptions caused by the semiconductor shortage.