GM CEO committed to China and electric vehicles

General Motors CEO Mary Barra said the company will move forward with its operations in China despite significant losses there in the first quarter of 2024. Barra recently visited China and pledged that GM remains committed to the market that has been the company’s mainstay since 1997. The $106 million first-quarter loss in China was […]
Industry group warns of Chinese connected vehicles

The U.S. Department of Commerce’s 60-day public comment period on the national security concerns of connected cars ended this week, with a major transportation group issuing a grave warning about the potential threat to the U.S. auto industry. These threats surround the potential for foreign adversaries, particularly China, to leverage connected car technology to steal […]
Ford Loses $1.3 Billion on Electric Vehicles in First Quarter of 2024

Ford Motor Co. reported a massive loss of $132,000 per electric vehicle (EV) sold in the first three months of 2024, bringing its losses to $1.3 billion. The automaker’s electric vehicle division said Thursday that sales have fallen 20% and weak consumer demand has forced it to cut prices. CNN report. Related video — Granholm: […]
Elon Musk visits China as competitors show off new electric vehicles at Beijing auto show

Tesla founder and CEO Elon Musk met with top government officials in the Chinese capital on Sunday, just as the Chinese automaker unveiled its latest electric vehicle model at the Beijing Auto Show. I was in the middle of it. Chinese state broadcaster CCTV reported on its main evening news program that Chinese Premier Li […]
Blooded Horses Charge Through Central London, Colliding With Vehicles

Shocking and unusual scenes were witnessed in central London on Wednesday morning as a group of creepy warhorses charged through the capital, leaving at least one of them covered in blood. At least five people were injured in a mass attack involving five warhorses in central London on Wednesday. A creepy horse travels a considerable […]
Ford recalls nearly 43,000 vehicles over fuel leaks that increase fire risk

See what’s being clicked on FoxBusiness.com Ford Motor Co. is recalling tens of thousands of small SUVs over concerns that cracked fuel injectors could leak, increasing the risk of engine fires. Announcement posted by National Highway Traffic Safety Administration (NHTSA) According to the company, the recall applies to some 2022-2023 Bronco Sport and 2022 Escape […]
Tesla Owners Wait Hours to Charge Electric Vehicles After Eclipse

Tesla owners reportedly waited hours to charge their cars after Monday’s total solar eclipse. Long lines at charging stations are like salt in the wound for EV owners who have to wait for their cars to charge until they arrive home, causing long delays on busy days. This is a major concern as there is […]
Gallup Poll Shows Growing Backlash Against Electric Vehicles

Latest vote According to a Gallup poll, public support for the transition to electric vehicles (EVs) has declined significantly starting in 2023. Ordinary people are not surprised by this. “7% of Americans report owning an electric vehicle, up from 4% a year ago,” Gallup reports. but. “This increase coincides with a decrease in the percentage […]
Small plane makes emergency landing on NC highway, clipping 2 vehicles

A small plane with engine trouble crashed into two vehicles as it landed on a highway near an airport in North Carolina, but no one was injured, authorities said. The single-engine Lancair 360, with only the pilot on board, landed near the Raleigh Executive Jetport at Sanford-Lee County Airport in Sanford around 4:20 p.m. Thursday […]
Bill Barr group sues California for ‘choke hold’ zero-emissions regulations on heavy-duty vehicles

California is being sued by a free market business group, the legal department of which is led by former Attorney General William Barr, for the state’s zero-emissions vehicle mandate. The tight new restrictions seek to phase out all diesel-powered, heavy-duty vehicles by 2036. Launched in 2022, the American Free Enterprise Chamber of Commerce filed the […]