Neal E. Boudette
Posts
General Motors Reaches Deal to Ensure Its Chip Supply
The semiconductor maker GlobalFoundries will dedicate part of its output to G.M. as the automaker offers more electric vehicles and driver-assistance systems.
Ford Said Sales in January Increased 2%
The company’s deliveries of electric vehicles more than doubled, compared with the same month a year earlier.
GM Posts Solid Profit as It Pushes to Take On Tesla in EVs
Aiming to make a million electric vehicles a year by 2025, General Motors is investing in a Nevada lithium mine to help with battery production.
Ford Follows Tesla in Cutting Electric Vehicle Prices
The automaker reduced the price of the Mustang Mach-E by up to $5,900 after Tesla slashed prices of its cars by as much as 20...
Falling Used-Car Demand Puts Pressure on Carvana and Other Dealers
Dealerships are seeing sales and prices drop as consumers tighten their belts, putting financial pressure on companies like Carvana that grew fast in recent years.
Tesla Cuts Prices Sharply as It Moves to Bolster Demand
The price reductions in the United States will make more of the company’s electric vehicles eligible for a federal tax credit.
Ford Sales Dipped in 2022, but Electric Vehicle Deliveries Surged
The company’s production was limited by a global chip shortage but it made big gains in the fastest-growing segment of the auto market.
Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
Automakers have been hampered by the supply of semiconductors and higher interest rates.
GM Unit’s Self-Driving Taxis Are Subject of US Safety Investigation
The National Highway Traffic Safety Administration is looking into unexpected braking by cars operated by Cruise, a part of General Motors.
United Auto Workers Appear to Rebuke Leaders in First Vote by Members
Insurgent candidates showed strength, citing corruption scandals and calling for a tougher bargaining approach. The union president seems headed for a runoff.