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Autos

Carvana Sees Surging Shares by Over 30% Following $1.2 Billion Debt Reduction Deal

by Craig Fedirighi
Carvana Sees Surging Shares by Over 30% Following .2 Billion Debt Reduction Deal

A Carvana glass tower sits illuminated in Oak Brook, Illinois, Feb. 23, 2022. Armando L. Sanchez | Tribune News Service | Getty Images Carvana has reached a debt restructuring agreement …

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Categories Business

Ford Super Duty trucks receive advanced technological features

by Adesola Mojo
Ford Super Duty trucks receive advanced technological features

2023 Ford Super Duty F-350 Limited Ford DETROIT — Let’s set a scene: A pickup driver and their spouse, the truck in reverse, attempting to align the hitch ball on …

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Categories Automobile

The Elusive Quest: Uncovering a Car Priced Below $30,000

by Adesola Mojo
The Elusive Quest: Uncovering a Car Priced Below ,000

Car shoppers like luxury Well before the Covid-19 pandemic, consumer tastes had started to steadily shift away from sedans toward more expensive SUVs and trucks. Then, car buyers piled on …

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Categories Automobile

Q2 2023 Tesla TSLA: A Look at Vehicle Production and Delivery Figures

by Adesola Mojo
Q2 2023 Tesla TSLA: A Look at Vehicle Production and Delivery Figures

Tesla posted its second-quarter vehicle production and delivery report for 2023 on Sunday. Here are the key numbers from the electric vehicle maker: Total deliveries Q2 2023: 466,140 Total production Q2 …

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Categories Automobile

Shares of Xpeng (XPEV) surge as Chinese electric vehicle manufacturer experiences a rise in deliveries

by Adesola Mojo
Shares of Xpeng (XPEV) surge as Chinese electric vehicle manufacturer experiences a rise in deliveries

A XPeng Inc. G6 electric sport utility vehicle (SUV). The company is hoping the release of the new car will boost sales which plunged in the first quarter. Qilai Shen …

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Categories Automobile

Key Bank’s stock experiences significant growth, despite Cramer’s unwavering adherence to his principles.

by Adesola Mojo
Key Bank’s stock experiences significant growth, despite Cramer’s unwavering adherence to his principles.

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Watch Morgan Stanley Hold Eli …

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Categories Automobile

Stellantis Experiences a 6.4% Surge in New Vehicle Sales during the Second Quarter

by Adesola Mojo
Stellantis Experiences a 6.4% Surge in New Vehicle Sales during the Second Quarter

2021 Dodge Durango SRT Hellcat Fiat Chrysler DETROIT – Higher sales of the Chrysler Pacifica minivan and Jeep Compass and Dodge Durango SUVs pushed Stellantis’ second-quarter U.S. new vehicle sales …

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Categories Automobile

Surpassing Estimates, Rivian Witnesses Soaring Shares Amid Strong Second-Quarter EV Deliveries

by Adesola Mojo
Surpassing Estimates, Rivian Witnesses Soaring Shares Amid Strong Second-Quarter EV Deliveries

People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City. Spencer Platt | Getty Images Shares …

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Categories Automobile

BYD unveils its latest direct competitor to Tesla

by Adesola Mojo
BYD unveils its latest direct competitor to Tesla

BYD Vice President Yang Dongsheng speaks at a launch event for the Denza N7 electric SUV on July 3, 2023, in Beijing. Bloomberg | Bloomberg | Getty Images BEIJING — …

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Categories Automobile

Understanding Ford’s electric vehicle price reductions through insight from Jim Cramer

by Adrian Jhonsan
Understanding Ford’s electric vehicle price reductions through insight from Jim Cramer

CNBC’s Jim Cramer on Monday analyzed Ford Motor‘s move to slash prices for its electric F-150 Lightning pickup truck. Cramer said he thinks the price cuts are due at least …

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Categories World
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