Automakers strive to integrate car dealerships into future plans

Automakers strive to integrate car dealerships into future plans

Customers wearing protective masks look inside a vehicle for sale at a Ford Motor Co. dealership in Colma, Calif., Feb. 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT — As automakers seek Tesla-like benefits on new electric vehicles, they face an existential question: how best to bring franchise car dealerships with them … Read more

A Suzuki Jimny EV could arrive in Europe 2030 as Suzuki plans electric vehicles

A Suzuki Jimny EV could arrive in Europe 2030 as Suzuki plans electric vehicles

Photo: Anindito Mukherjee (Getty Images) The Suzuki Jimny can get a literal power boost as an all-electric model by 2030 now that Suzuki invests billions in electrification. After a relatively long period of uncertainty regarding its stance on electric vehicles, Suzuki is spending nearly $35 billion to produce a range of five electric vehicle models … Read more

Southwest Airlines (LUV) Q4 2022 Results

Southwest Airlines (LUV) Q4 2022 Results

Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessey | Anadolu Agency | Getty Images South West Airlines said Thursday it expects its holiday slump to continue to weigh on its bottom line, but said it … Read more

Tesla (TSLA) Q4 2022 Results

Tesla (TSLA) Q4 2022 Results

Hong Kong, China, 13 Sep 2022, A red Tesla car drives past a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Electric vehicle maker Tesla plans to report fourth-quarter results after the market closes on Wednesday. Here’s what analysts expected Wednesday morning, according to Refinitiv: investment … Read more

Tesla’s price cuts could spark an EV price war

Tesla’s price cuts could spark an EV price war

A Tesla showroom is seen in the City Center mall on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — You’re here vehicles in the United States are seeing significant price drops, and this is proving to be a double-edged sword for the electric car maker and the auto industry as … Read more

Tesla plans to spend $3.6 billion more on manufacturing in Nevada

Tesla plans to spend .6 billion more on manufacturing in Nevada

An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters Tesla plans to spend an additional $3.6 billion manufacturing batteries and heavy-duty trucks in Nevada, the the company said on Tuesday on social networks. According to his public statements, You’re here intends to hire an additional 3,000 people in two new … Read more

Nigeria Opens Game-Changing Billion-Dollar Deepwater Port in Lagos | Business and Economics News

Nigeria Opens Game-Changing Billion-Dollar Deepwater Port in Lagos |  Business and Economics News

Many existing Nigerian seaports, inherited from the colonial administration, no longer function properly. Nigeria has opened a billion-dollar Chinese-built deep-water port in Lagos that is expected to ease congestion at the country’s ports and help it become an African transshipment hub, processing cargoes in transit to other destinations. President Muhammadu Buhari, who inaugurated the port … Read more

Elon Musk says he would have sold SpaceX shares to take Tesla private

Elon Musk says he would have sold SpaceX shares to take Tesla private

Elon Musk speaks near a Falcon 9 rocket during his announcement that Japanese billionaire Yusaku Maezawa will be the first private passenger to fly around the Moon aboard the SpaceX BFR launch vehicle. DAVID MCNEW | AFP | Getty Images Elon Musk told federal court in San Francisco on Monday that he could have sold … Read more