The American pickup truck market is dominated by domestic brands, primarily Ford, Chevrolet, GMC and Ram. U.S. brands benefit from a loyal buyer base, and a 25% tax on imported trucks. But the Toyota Tacoma shows how a foreign automaker can find and control a niche within that market. The top-selling full-size pickup line is […]
How Toyota's Tacoma became king of the U.S. midsize truck market Read More »
A cheeky new Samsung advertisement makes light of a recent Apple ad for its iPad Pro that was widely panned as insensitive and out of touch. The Apple spot featured a hydraulic press shown crushing instruments, paint buckets, an arcade game and other objects, seemingly to demonstrate that the latest iPad is at once powerful
Samsung trolls Apple after failed iPad Pro "crush" ad Read More »
Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. The results are a blow to the UAW’s organizing efforts a month after the Detroit union won an organizing drive of roughly 4,330 Volkswagen plant workers in Tennessee. Voting started Monday and ended Friday.
Mercedes-Benz workers in Alabama vote against UAW union membership Read More »
TikTok is testing letting users upload videos that are 60 minutes long as it experiments with longer form content. The feature is in a trial phase, and only a small number of randomly selected users have access to it, TikTok told CBS MoneyWatch. The company added that it has no immediate plans to roll the
TikTok says it's testing letting users post 60-minute videos Read More »
DETROIT – Stellantis‘ Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker and its predecessors, the company announced Friday. Kuniskis, who has led several of the carmaker’s brands in North America, is best known for leading Dodge for most of the last decade or so. He is
Dodge and Ram boss Tim Kuniskis, father of the Hellcat, to retire from Stellantis Read More »
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The rich have taken “quiet wealth” to a new level, turning to private purchases of mansions, art and classic cars designed to avoid
President Biden’s move to quadruple tariffs on Chinese electric vehicles isn’t meant to head off any potential national security threats posed by internet-connected vehicles made in China, but some political leaders in the president’s own party think those concerns shouldn’t be overlooked. The tariff hike was designed to keep China from undercutting U.S. automakers with
Biden's Chinese EV tariffs don't address lingering national security concerns Read More »
Scottie Scheffler, the top golfer in the world, was arrested Friday and charged with felony assault on a police officer and reckless driving outside of a PGA championship event in Kentucky. Scheffler, 27, was detained after he was seen driving on a median toward the entrance to Valhalla Golf Club, the site of the event,
As part of Tesla’s massive restructuring, the electric vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. The latest layoffs eliminated roles across the board — from entry level positions to directors — and hit
As Tesla layoffs continue, here are 600 jobs the company cut in California Read More »
Xpeng AeroHT, an affilaite of Xpeng, aims to deliver its flying car to customers in 2026, the Chinese electric vehicle maker’s co-president told CNBC on Friday, Last year, Xpeng AeroHT introduced the Land Aircraft Carrier — a large truck with a flying two-seater passenger electric drone inside. The flying car can detach from the truck,
Chinese EV maker Xpeng aims to deliver its first flying car in 2026 Read More »
