Autos
GM vs. Ford: U.S. defense, energy sectors add to automakers’ century-old rivalry
General Motors and Ford are looking for new potential growth areas, including by seeking military contracts and getting into energy storage businesses.
Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
ChargePoint CEO says 50% stock surge ‘is the beginning of the momentum’
The infrastructure company is toward the end of a three-year business plan that has boosted revenue and significantly cut the company’s losses.
Ford continues ramping up pickup truck production as sales fall 10.3% in August
An increase in the supply of pickup trucks comes as Ford experienced its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August.
Toyota’s hybrid RAV4 is in demand as dealers wait for more supply
When Toyota announced the new version of its SUV, it said the RAV4 would only be available as a hybrid and that production would be limited at first.
Goodyear burning rubber and cash as turnaround plan continues
The tire maker has an ongoing turnaround plan as the company tries to restructure its business, refinance and pay down years of debt.
Hyundai has grown more than any automaker in the U.S. — and it’s not done yet
The South Korean automaker wants to keep going by ramping up production at a new $7.6 billion plant in Georgia to capture more sales and market share.
Bugatti CEO Mate Rimac says the future of supercars is old-school combustion engines
Bugatti CEO Mate Rimac told CNBC he thinks high-end sports cars will continue to have combustion engines “for a very long time” even with the rise of EVs.
Hyundai’s new flagship vehicle is a large luxury Genesis EV
The GV90 features a new design direction for Genesis and expands the Hyundai brand’s lineup to seven vehicles in the U.S.
Lamborghini unveils Revuelto SV, its most powerful production car ever
Lamborghini’s Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and a $741,172 starting price.