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Lucid Said It Will Raise Up to $1.5 Billion in Capital
Posted inCompany Reports Electric and Hybrid Vehicles Factories and Manufacturing Lucid Motors Inc Production Rawlinson, Peter (Automotive Executive)

Lucid Said It Will Raise Up to $1.5 Billion in Capital

The electric carmaker made the announcement on the same day it reported losing $670 million in the third quarter.
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Posted by By Neal E. Boudette
Ford Lost Money in the Third Quarter as Costs Surged
Posted inCompany Reports Electric and Hybrid Vehicles Ford Motor Co Prices (Fares, Fees and Rates) Production Russian Invasion of Ukraine (2022) Stocks and Bonds

Ford Lost Money in the Third Quarter as Costs Surged

The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
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Posted by By Neal E. Boudette
How Biden Uses His ‘Car Guy’ Persona to Burnish His Everyman Image
Posted inBiden, Joseph R Jr Electric and Hybrid Vehicles Leno, Jay Presidents and Presidency (US) Reagan, Ronald Wilson Trump, Donald J United States Politics and Government

How Biden Uses His ‘Car Guy’ Persona to Burnish His Everyman Image

In the run-up to the midterm elections next month, President Biden is hoping his gearhead reputation will appeal to some parts of the Trump base.
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Posted by By Alan Rappeport
GM Reports Increased Profits in Third Quarter Amid High Inflation
Posted inBarra, Mary T Company Reports Electric and Hybrid Vehicles General Motors Prices (Fares, Fees and Rates) Sports Utility Vehicles and Light Trucks Supply Chain

GM Reports Increased Profits in Third Quarter Amid High Inflation

General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
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Posted by By Neal E. Boudette

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