Convertible car sales drop in US amid popularity of EVs, SUVs

Ford Mustang 2024 Source: Ford Convertibles — once a sign of freedom in the open air, road trips, and summer adventures — are fading as the auto industry shifts to all-electric cars and more powerful sports vehicles. Sales of traditional drop-tops like the Chevrolet Camaro and Ford Mustang, as well as roadsters like the Mazda … Read more

Ford CEO Jim Farley reveals why the 2024 Mustang remains gas-powered

Ford Chairman Bill Ford and President and CEO Jim Farley speak in front of the recently revealed Mustang Dark Horse at The Stampede in downtown Detroit on September 14, 2022. wade through DETROIT – Ford Motor CEO Jim Farley showed up Wednesday night, surrounded by gearheads and the new 2024 Mustang models, including a surprisingly … Read more

Ford outlines EV investment structure for its dealers as it pursues profits like Tesla

Ford CEO Jim Farley poses next to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, April 26, 2022. Rebecca Cook | Reuters LAS VEGAS – Ford Motor is asking its nearly 3,000 dealers to invest more than $1 million in upgrades to … Read more

Prices of cars like Ford Fiestas, VW Golfs and Vauxhall Corsas are rising, along with gasoline prices, putting more pressure on households, says Uswitch

Drivers trying to buy a new car face are paying around £10,000 more than they did a decade ago. Alongside rising food and energy prices, the cost of owning and running a car, is also one of the expenses that are now putting significant pressure on household finances. Car prices are rising faster than wages, … Read more

Ford F-150 Lightning electric pickup can win first mover advantage

Ford F-150 Lightning on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – Ford Motor will be the first automaker to bring a mainstream full-size electric pickup to the US market, poised to capitalize on its first-mover advantage in what is expected to be a hotly contested segment … Read more

GM bets on electric Equinox to kickstart ‘massive adoption’ of EVs

2024 Chevrolet Equinox EV 3LT GM DETROIT – General Motors’ second chance to establish itself as a mass-market electric vehicle leader is expected to begin next year with the arrival of the Chevrolet Equinox EV. The electric crossover is slated to go on sale in the US next fall, starting at around $30,000 – a … Read more

Ford splits EVs and legacy cars into separate units

People visit the Ford Mustang Mach-E all-electric SUV at the 2019 Los Angeles Auto Show in Los Angeles, United States, November 22, 2019. Xinhua via Getty Images DETROIT – Ford Motor said on Wednesday it would reorganize operations to separate its electric and internal combustion engine businesses into separate units within the automaker. The company … Read more

Why Ford’s big EV split decision might get even bigger in the future

Attendees view the all-electric Ford F-150 Lightning pickup truck at the Washington Auto Show in Washington on Tuesday, January 25, 2022. Bill Clark | CQ-Roll Call, Inc. | Getty Images In the biggest deal done in a long time, Ford Motor Co. decided to separate its electric vehicle business from its traditional car business last … Read more

GM, Ford, and Dodge electric muscle cars face new EV transition tests

Dodge CEO Tim Kuniskis introduces the Charger Daytona SRT electric muscle car concept on August 17, 2022 in Pontiac, Mich. Michael Wayland / CNBC PONTIAC, Michigan – At an event featuring ’80s headbanging music and $2 beers this week, Dodge unveiled a concept for its first electric muscle car that includes a multi-speed exhaust and … Read more