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General Motors (GM) to delay EV truck production at Michigan plant

October 17, 2023 1:56 PM EDT

General Motors (NYSE: GM) revealed Tuesday that the Detroit automaker will delay the production of electric pickup trucks at its Orion Township, Michigan facility as the company deals with "evolving EV demand."

The latest move suggests that electric vehicle production and demand might not be as strong as previously expected. Ford Motor (NYSE: F) announced on Friday that it would temporarily cut... More

Tesla (TSLA) pushes US to adopt stricter fuel efficiency rules

October 17, 2023 12:01 PM EDT

Prominent electric vehicle manufacturer, Tesla (NASDAQ: TSLA) on Tuesday, called upon the Biden administration to swiftly solidify more rigorous fuel economy standards through 2032 than those initially proposed by U.S. regulators, placing the automaker at odds with major OEMs.

In July, the National Highway Traffic Safety Administration (NHTSA) introduced a proposal to... More

Ford (F) recalls 230K Explorer SUVs for rollaway risk

October 16, 2023 3:11 PM EDT

Ford is recalling certain 2020-2022 Ford (NYSE: F) Explorers due to the potential risk of rolling away if the parking brake is not engaged.

According to the National Highway Traffic Safety Administration, 238,364 vehicles are affected by this recall. The issue stems from a... More

Ford (F) calls for deal to end UAW strike

October 16, 2023 2:03 PM EDT

On Monday, Bill Ford, the Executive Chairman of Ford Motor Company (NYSE: F), appealed to the United Auto Workers union to cease their 32-day strike and come to terms on a fresh labor agreement.

Ford highlighted the escalating repercussions for both the automaker and the broader U.S. economy.

"We... More

Stellantis (STLA), Ford (F) layoff 1,250 additional workers as UAW strike continues

October 16, 2023 9:05 AM EDT

Chrysler-parent company Stellantis (NYSE: STLA) and Ford Motor (NYSE: F) announced on Friday that they would be implementing temporary layoffs for 1,250 employees, citing the repercussions of the ongoing United Auto Workers (UAW) strike.