The Ford Lightning is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Ford Motor is reportedly considering ending production of its all-electric F-150 Lightning pickup truck amid mounting losses and more challenging market conditions for EVs. The Wall Street Journal first reported the talks Thursday,…
The logo of Chinese-owned semiconductor company Nexperia is displayed at the chipmaker’s German facility, after the Dutch government seized control and auto industry bodies sounded the alarm over the possible impact on car production, in Hamburg, Germany, Oct. 23, 2025. Jonas Walzberg | Reuters Netherlands-based chipmaker Nexperia is at the heart of a standoff between…
The “Southbound travel for Guangdong vehicles” policy, which allows vehicles from Guangdong province to head south into the Hong Kong Special Administrative Region, was officially announced on October 31. The policy will be implemented in four cities: Guangzhou, Zhuhai, Jiangmen, and Zhongshan in the first phase, with plans for expansion to other cities across the…
The group’s new measures include long-term supply contracts and price stabilization to mitigate risks The Group of Seven (G7) nations have announced plans to launch a new Critical Minerals Production Alliance aimed at countering China’s overwhelming dominance in the global supply chain for critical minerals, which are essential for advanced technologies, clean energy, and national…
Boeing shares moved lower after Wednesday morning’s messy third-quarter release. Despite a wider-than-expected loss, operational execution is improving, and the company is well-positioned to deliver more aircraft going forward. That will boost free cash flow, which is the ultimate driver of the share price. Revenue in the third quarter ending Sept. 30 rose 30% year…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters SpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling…
When it comes to travel, Generation Z consumers and baby boomers, two groups at opposite ends of the digital age spectrum, are behaving more alike than anyone expected. Both are holding onto their computers even as most consumers now reach for their phones to book a trip. The finding from the PYMNTS Intelligence report “Consumers…
During the recent eight-day National Day and Mid-Autumn Festival holiday, China’s transportation infrastructure handled an unprecedented volume of passenger traffic, with official data confirming record-breaking figures. The Ministry of Transport reported an estimated 2.43 billion cross-regional journeys were made throughout the holiday period, culminating in a daily average of 304 million trips. This surge, which…
On October 7, the seventh day of the National Day holiday and Mid-Autumn Festival, the China Railway Guangzhou Group experienced a surge in return travel, expecting to handle 2.593 million passengers. To manage this increase, the bureau arranged a robust schedule of 3,627 trains for the day, including 516 additional services on key routes such…
A Tesla Cybertruck and GMC Sierra Denali EV First Edition next to one another. Michael Wayland / CNBC DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase…