Ford warns investors of an extra $1B in supply chain costs during Q3

2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the corporation expects to incur an added $1 billion in costs in the course of…

Tesla fires Singapore country manager after Elon Musk warns of job cuts

Christopher Bousigues, the Singapore country supervisor from Tesla, claimed that his part has been slash as element of a world reduction in the electric powered carmaker’s workforce. Bousigues claimed he…

Stellantis CEO warns of EV battery shortage, lack of raw materials

Stellantis CEO Carlos Tavares retains a information meeting following meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters Stellantis CEO Carlos Tavares mentioned he expects shortages…

Rivian lawsuit warns Amazon vans could be delayed, report says

Production of electrical Amazon shipping vans on April 11, 2022 at Rivian’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive sank Monday after a report by…

Toyota warns raw materials costs could cut profits by 20%

Toyota 2023 Sequoia on display screen at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor on Wednesday warned investors that “unparalleled” improves in supplies…

Autos CEO warns of battery supply scarcity as EV competition heats up

In 2021, Volvo Autos explained it prepared to become a “absolutely electric powered car or truck company” by the year 2030, a go which will require it to have a…

Tata Motors posts quarterly loss and warns of inflationary costs

BENGALURU — Jaguar Land Rover (JLR) owner Tata Motors reported a quarterly loss on Monday that was larger than predicted and warned of growing inflationary fees. Automakers around the globe…

Bubblicious used car prices rising faster than bitcoin, Jim Bianco warns

Your car or truck may well be much more important than what’s in your portfolio. Used vehicle selling prices are rising speedier than bitcoin and other assets, according to market…

Tesla stock is facing a critical technical support level, trader warns

Tesla’s modern declines are taking the stock to treacherous territory, a single trader warns. Shares of the electric powered motor vehicle maker fell approximately 3% to $665.71 on Tuesday immediately…

STMicro’s reliance on Apple is a risk factor, UBS analyst warns

Semiconductor companies that provide Apple with chips for iPhones, iPads and Macs could sound like a protected wager for buyers but they also appear with an factor of threat, according…