In addition to consumer price declines in January, wholesale prices fell last month, and have been down in every month since October 2022.
Category: Electric and Hybrid Vehicles
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How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster
Some buyers said the electric Lightning did not meet expectations, and Ford has slashed its production plans for the pickup because sales are lagging.
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Ford Reports Quarterly Loss but Says Sales Grew
Ford Motor attributed the loss in the fourth quarter to charges related to pension plans and a restructuring of overseas operations.
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How Nevada Is Pushing to Generate Jobs Beyond the Casinos
Chastened by a series of economic downturns that punished the hospitality industry, state leaders are working to broaden the economy.
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Tesla Recalls About 2.2 Million Electric Vehicles Over Warning Light Font Size
The vehicles were recalled because the font size on a warning lights panel was too small. Tesla will address the issue with a software update.
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India’s Quiet Push to Steal More of China’s iPhone Business
The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.
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Elon Musk’s Tesla Pay Package Is Struck Down by Judge
Shareholders had sued, arguing that Mr. Musk’s compensation — which helped make him the world’s richest person — was excessive.
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G.M. Profits Hurt by Unsold Electric Vehicles and Strike
The automaker has placed a bet on battery-powered cars, but it has struggled to produce and sell the vehicles in large numbers.
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Truck Makers Team Up to Push for Electric Vehicle Chargers
Daimler, Navistar and Volvo have been criticized for not selling many electric heavy trucks, but the companies say the country first needs many more chargers.
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What Hefei, China’s EV City, Says About the State of the Economy
Hefei has led the country in making electric vehicles and other tech products, but it still has not escaped a nationwide housing crisis.
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Tesla Shares Tumble As Growth Stalls
Shares in Elon Musk’s electric vehicle maker fell sharply after the company delivered lackluster quarterly results and declined to give full-year guidance.