The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024.Danielle DeVries | CNBCDETROIT – Ford Motor's U.S. new vehicle sales rose 11.2% last month compared to May of last year, boosted by strong sales growth for all-electric and hybrid models.The Detroit automaker on...
A Jeep Wrangler plug-in hybrid electric vehicle (PHEV) during the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 5, 2023.Stephanie Keith | Bloomberg | Getty ImagesNEW YORK – Jeep plans to grow U.S. sales of its plug-in hybrid electric vehicles by as much as...
Ford Motor is turning an abandoned train station used for decades as an infamous symbol of Detroit's downfall and blight into a new technology campus for the automaker and mixed-use property for the city.Michael Wayland / CNBCDETROIT – Ford's latest project out of the Motor City is the restoration and...
2024 Jeep Wagoneer S EVJeepNEW YORK – The first all-electric Jeep SUV for the U.S. will be the Wagoneer S, starting at about $72,000 when it's scheduled to go on sale this fall.The Stellantis-owned brand revealed the vehicle and pricing Thursday, portraying it as a "new chapter" for the...
Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on Oct. 17, 2022.Nathan Laine | Bloomberg | Getty ImagesStellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. "very soon" to better attract mainstream consumers amid slower-than-expected electric vehicle adoption, CEO...
2025 Cadillac OptiqCadillacDETROIT – General Motors' new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wednesday.The compact-sized crossover is set to be Cadillac's fourth electric vehicle when it goes on sale later this year. It follows the $59,000 Lyriq midsize crossover, the $300,000-plus bespoke...
2025 Porsche 911 Targa 4 GTS hybrid sports carPorschePorsche on Tuesday revealed the first-ever production hybrid version of its iconic 911 sports car, with a starting price of $164,900.The 2025 911 Carrera GTS hybrid marks a significant change to the iconic German sports car amid the automotive industry's focus...
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023.Andi Rice | Bloomberg | Getty ImagesDETROIT – The United Auto Workers union is challenging the results of last week's organizing vote of Mercedes-Benz...
General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM's workforce" in Washington, U.S., December 13, 2023. Elizabeth Frantz | ReutersDETROIT...
Any significant reduction or a rollback of the Inflation Reduction Act's support for electric vehicles would benefit China, according to General Motors board member Jon McNeill."I think we risk losing the auto manufacturing share to China. We really do, globally," McNeill, a former Tesla president and cofounder and CEO...