President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his second presidential term signals his intent to undo much of his predecessor’s legacy when it comes to electric vehicle promotion. But it’s unclear how sweeping the impact will be or whether it will ultimately kill…
New York – U.S. stocks are kicking off December by drifting around their record heights on Monday. The S&P 500 rose 0.2% in midday trading after closing its best month of the year at an all-time high. The Dow Jones Industrial Average was down 103 points, or 0.2%, as of 11:30 a.m. Eastern time, and…
Eric D. Lawrence Stellantis is being sued over what is being described as “spontaneous fire risk” related to some of its popular Jeep SUVs and trucks. A complaint filed against the automaker’s FCA US operating arm asserts that a defect exists in the power steering pump electrical connector that can cause fires in certain 2021-23…
Ford Motor Co. said Wednesday it made $892 million in net income in the third quarter of 2024, a 25% year-over-year decrease, following a previously expected $1 billion charge for canceling its all-electric three-row SUV program. The profit that represented 22 cents per diluted share came on $46 billion in revenue, which was up 5.5%….