Neal E. Boudette
Posts
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...
The Pandemic Used-Car Boom Is Coming to an Abrupt End
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.
Century-Old Letters Add New Twist to Michigan-Ohio State Rivalry
Fans have long wondered whether Michigan’s famed coach, Fielding Yost, had a hand in derailing Ohio State’s 1922 season. Newly uncovered correspondence shows exactly how...
Rivian Lost $1.7 Billion in the Third Quarter
The electric truck maker said it had enough cash to fund its operations through 2025.
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.