At launch, the Maserati GranCabrio is available in the Trofeo trim level. It includes a 3.0 liter twin-turbo V6 engine.MaseratiMaserati's first GranCabrio convertible since 2019 is expected to go on sale this summer in the U.S. with a top speed of nearly 200 miles per hour and likely a...
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023.ScreenshotDETROIT – The United Auto Workers is threatening a labor strike at Ford Motor's largest U.S. plant if local union demands aren't resolved by next week.The Detroit...
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023.Rebecca Cook | ReutersDETROIT – Ford Motor CEO...
The Chrysler Halcyon concept car.StellantisDETROIT — Chrysler revealed the direction of its future products on Tuesday with a new concept car called "Halcyon," as the once prominent auto company attempts to drum up attention amid a dearth of new products.The concept car is a sleek, future-looking sports car that's...
CHICAGO – Kia Motors is adding a hybrid model to its Carnival minivan to meet increasing consumer demand for the technology and assist in meeting tightening federal fuel economy standards.Hybrids are a growing option for automakers as they strive to make vehicles more efficient and avoid costly federal fuel...
2025 Cadillac Escalade IQGMDETROIT – General Motors plans to spend $19 billion over roughly the next decade to source critical materials for use in electric vehicle batteries from LG Chem, the companies said Wednesday.The long-term supply contract will see LG Chem supply GM with more than 500,000 tons of...
A Ford Mustang Mach-E GT compact sports utility vehicle during the 2022 New York International Auto Show in New York on April 14, 2022.Michael Nagle | Bloomberg | Getty ImagesDETROIT — Ford Motor is rethinking its electric vehicle strategies, including "reassessing" the need for vertical integration of batteries, CEO...
Ford CEO Jim Farley at the company's Dearborn, Michigan, plant where it's building the electric F-150 Lightning on April 26, 2022.CNBC | Michael WaylandDETROIT — Ford Motor beat Wall Street's top- and bottom-line expectations for the fourth quarter, while forecasting better-than-expected results for 2024.The company's forecast for 2024 includes...
Akio Toyoda, Chairman of Toyota Motor Corporation.Yoshikazu Tsuno | Gamma-rapho | Getty ImagesToyota Motor is investing $1.3 billion in a Kentucky plant to produce a new all-electric, three-row SUV for the U.S. market, the company said Tuesday.The vehicle is expected to go into production between late 2025 and early...
DETROIT – Ford Motor started the year with a slight increase in sales, as a large jump in hybrid vehicles offset an 11% decline in all-electric cars and trucks.The Detroit automaker on Friday reported sales rose 4.3% last month from January 2023, led by a 43% jump in hybrid...