Stock Price Prediction in 2030: Bull, Base & Bear Forecasts

247wallst.com Electric vehicle maker Rivian Automotive (NASDAQ: RIVN) began trading in the public markets on November 10, 2021. The company raised $12 billion in cash, selling 153 million…

Delivers First Cybertrucks to a Rousing ‘Ho-Hum’

247wallst.com Well after U.S. markets closed Thursday, Tesla Inc. (NASDAQ: TSLA) delivered the first handful of its long-awaited Cybertrucks to customers. Tesla stock, which closed…

New US rules, aimed at curbing China, could limit tax credits for electric vehicles

apnews.com The Biden administration proposed new rules Friday that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit, complicating efforts to…

Ford expects vehicle prices to go down, more incentives in 2024

freep.com Ford Motor Co. sees its vehicle prices in 2024 coming down to levels comparable to 2019, with more incentives and smaller dealer markups, Chief Financial Officer John Lawler…

Ford says new UAW contract will add $8.8B to labor costs

aol.com As a result of the 2023 UAW contract, Ford Motor Co. said Thursday its labor costs in North America will increase by $8.8 billion over the life of the contract due to gross…

Ford adds $8.8 billion to costs with 2023 UAW contract, reveals plan to pay for it

freep.com As a result of the the 2023 UAW contract, Ford Motor Co. said Thursday its labor costs in North America will increase by $8.8 billion over the life of the contract due to…

Power Play: GE's game-changing technology for EVs and grids

marketbeat.com General Electric’s NYSE: GE Vernova unit- to be spun off early in the second quarter of 2024, has been putting together the pieces of a lithium-battery business with…

Ford’s stock rallies after guidance reinstated, with new free-cash-flow view above expectations

marketwatch.com Shares of Ford Motor Co. Thursday, after the automaker provided new full-year guidance for profitability and free cash flow, after withdrawing guidance in October due to the…

Ford shares new guidance after UAW strike costs it $1.7B

detroitnews.com Ford Motor Co. on Thursday said it's anticipating full-year adjusted operating income of $10 billion to $10.5 billion in 2023 that reflects $1.7 billion in lost profits from…

Hope Springs Eternal: New Guidance From Ford (F)

247wallst.com When Ford Motor Co. (NYSE: F) reported third-quarter results in late October, the company also withdrew its previous guidance, citing pending ratification of an agreement…

Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1.7 billion in profits

seattletimes.com Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year.

GM announces record $10 billion stock buyback—more than it’s spending on UAW raises

fortune.com General Motors Co. offered a response to critics of its unsteady push into electric vehicles and self-driving: to shower shareholders with cash. The automaker on Wednesday…

New technology installed beneath Detroit street can charge electric vehicles as they drive

techxplore.com This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's…

'Better life out there': UAW unionizing drive targets 13 carmakers including Tesla and Toyota

financialpost.com The union is unveiling a website Wednesday where workers can sign union cards online and get in touch with organizers. The UAW has already signed up thousands of workers…

Some electric vehicles can charge while they drive thanks to special coils installed under a street in Detroit

businessinsider.com The wireless charging technology belongs to a company called Electreon. Paul Sancya/AP Photo A street in Detroit, Michigan has newly installed induction charging coils. The…

UAW pushes to unionize workers at Tesla, Toyota and other carmakers

marketwatch.com The United Auto Workers on Wednesday launched a push to unionize workers at Tesla Inc., in Toyota Motor Corp.’s U.S. operations and at several other carmakers. The…

U.S. November new-car sales seen surging about 10%

marketwatch.com U.S. carmakers are slated to report their November new-auto sales in the next few days, with Wall Street expecting a surge for the month as sales growth outweighed a slight…

U.S. weighing reprieve for automakers on electric vehicle tax credits

financialpost.com The Biden administration has discussed granting automakers a temporary reprieve from new rules poised to limit a consumer tax credit for electric vehicles that contain…

Why Tesla Is Worth 20 Times More Than Ford

247wallst.com A great deal has happened in the car industry this year. Among the most important events were the United Auto Workers (UAW) strike and the growing competition among car…

11 Tesla Competitors: Discover Which Could Threaten The EV Carmaker’s Dominate Run

247wallst.com Sales of electric vehicles (EVs) rose by an order of magnitude between 2017 and 2022, from about 1 million to 10 million. That’s more vehicles than the 9.5 million of all…

'Massive victory': Workers getting the biggest raises in decades after U.S. labour wins

financialpost.com Workers in the United States are getting record-breaking wage hikes this year thanks to strategic strikes and stunning contract wins. The result is a boost in middle-income…

U.S. electric vehicle sales to hit record this year, but still lag behind China and Germany

theglobeandmail.com Electric vehicle sales are expected to hit a record 9% of all passenger vehicles in the U.S. this year, according to Atlas Public Policy. That will be up from 7.3% of new…

EV sales expected to hit new U.S. record in 2023

fortune.com Electric vehicle sales are expected to hit a record 9% of all passenger vehicles in the U.S. this year, according to Atlas Public Policy. That will be up from 7.3% of new…

US electric vehicle sales to hit record this year, but still lag behind China and Germany

apnews.com Electric vehicle sales are expected to hit a record 9% of all passenger vehicles in the U.S. this year, according to Atlas Public Policy. That will be up from 7.3% of new…

Ford to move forward with scaled down Marshall EV battery plant

detroitnews.com Ford Motor Co. said Tuesday it will resume work on its electric vehicle battery plant in Marshall, but on a significantly smaller scale because growth in electric vehicle…

Ford battery plant is back on track but scaled down

aol.com Ford has restarted work on an electric vehicle battery plant in Michigan, but the plant will be smaller than was originally planned. Ford paused work at the site in late…

Ford to resume building EV battery plant delayed by strike, but scale it back

abcnews.go.com FILE - This Oct. 20, 2019 file photo shows the Ford company logo at a Ford dealership in Littleton, Colo. Ford Motor Co. is resuming construction on a Michigan electric…

Ford to resume building Michigan electric vehicle battery plant delayed by strike, but scale it back

seattletimes.com Ford Motor Co. is resuming construction on a Michigan electric vehicle battery plant that the company postponed two months ago during a strike by the United Auto Workers…

Done deals: UAW confirms ratified contracts with GM, Ford, Stellantis

detroitnews.com The United Auto Workers on Monday confirmed that members at General Motors Co., Ford Motor Co. and Stellantis NV have ratified record four-and-a-half-year agreements,…

The UAW scores another raise for non-union members as Nissan gives a 10% raise to 9,000 American factory workers

fortune.com Nissan Motor Co. is giving its 9,000 US factory workers a 10% raise in January and eliminating a tiered pay structure, becoming the latest nonunion auto manufacturer to…

UAW strike: It's a deal. Contract ratified at all 3 Detroit automakers

freep.com The United Auto Workers made it official Monday: The new labor contract is ratified across the Detroit Three automakers. In reaction to the official news, Ford Motor Co.'s…