Ford beats expectations, sees more profit growth ahead
Wednesday, 07 February 2024
Ford Motor Co., buffeted by electric vehicle losses and rising labor costs, posted fourth quarter results that soundly beat expectations and forecast higher profits in 2024. The automaker Tuesday posted adjusted earnings per share of 29 cents, more than double the 13 cents analysts expected on average. Fourth quarter revenue of $46 billion surpassed the
- Published in Automotive News
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Audi reveals the ultra-limited 2025 RS 6 GT
Tuesday, 06 February 2024
Remember the Audi RS 6 GTO concept? Well, it’s here. Just when you thought Audi’s brutish RS 6 couldn’t get any more badass, VW’s luxury subsidiary comes along and one-ups itself. Meet the Audi RS 6 Avant GT — a model limited to just 660 units, of which only 85 will come to the United
- Published in Automotive News
Tesla’s California registrations fall for first time since the pandemic
Monday, 05 February 2024
Registrations of Tesla vehicles in California dropped 10% in the last quarter of 2023, the first fall in more than three years in the state, which is one of the most important markets for the electric carmaker and considered a national trend setter. A total of 47,592 Tesla vehicles were registered in California in the fourth quarter, compared with 52,782 a year earlier,
- Published in Automotive News
SUVs with the best gas mileage for 2024
Sunday, 04 February 2024
Fuel efficiency is an admirable trait for any vehicle, whether you’re looking to save money or reduce your carbon footprint. But the most fuel efficient vehicles on the road are usually also the smallest and, especially for growing families who like outdoor activities, not always practical. That’s why SUVs and crossovers are so popular. Fortunately,
- Published in Automotive News
World Car Awards finalists snub American-branded vehicles — except for Bronco
Saturday, 03 February 2024
The list of World Car Awards has been whittled down to 10 finalists, but only one American brand — Ford — appears among the remaining nine carmakers for this year’s top award. The Bronco is there, and it also is balloted as a finalist in the design category. The other categories are performance car, urban
- Published in Automotive News