We’re off to a flying start as we head into 2022, as the January edition of MOTOR comes filled to the brim with everything that’s moving and shaking in the performance car world. Earlier this month, we saw the public reveal of the new Gen3 Supercars that will take to the track at the opening round of the 2023 Supercars Championship. They’re vastly different beasts, with drastic aero reductions that should make them both harder to drive and better to watch. We sit down with the brains… Source link
Read More »Yearly Archives: 2021
Motor news briefs: Electric vans and Silverados
The larger EV600 will be built at CAMI Assembly in Ontario starting in late 2022. Production of the EV410 is slated to start in 2023 at CAMI. · The Detroit News Canada proposes deal to align electric vehicle credits with US Prime Minister Justin Trudeau says Canada has put forward “a number of solutions” for resolving its complaint over a proposed U.S. tax incentive on electric vehicles made only by unionized American workers. Canada has slammed the tax credit as a violation of the North… Source link
Read More »A Ford Exec Makes a Big Stock Buy at Ford Motor
Text size Ford Executive Chairman William Clay Ford Jr., with the 2021 Ford F-150 King Ranch Truck. Nic Antaya/Getty Images Elon Musk has made high-profile sales of Teslastock as of late, but a prominent insider at another auto giant is buying shares. Ford Motor(ticker: F) stock has more than doubled this year, and its executive chair, William Clay Ford, Jr., just disclosed a large purchase of shares of the auto giant. Ford Motor stock has rocketed 128% so far this year through… Source link
Read More »Rev the engines, but don't go too fast: Great Race of 120 antique cars starts June 18 at Rocky Point, ends June 26 in Fargo, N.D. – Johnston Sun Rise
Rocky Point Park fondly remembered as an amusement park where rides of all kinds from bumper cars to the flume made for thrills will now make the automobile history books. Last week Hemmings Motor News announced the Great Race presented by Hagerty Drivers Club will start Jun 18 at the park. The selection of the park to start the race was Mayor… Source link
Read More »$36.37 Billion in Sales Expected for Ford Motor (NYSE:F) This Quarter
Equities analysts predict that Ford Motor (NYSE:F) will announce $36.37 billion in sales for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Ford Motor’s earnings. The lowest sales estimate is $36.35 billion and the highest is $36.40 billion. Ford Motor posted sales of $33.20 billion during the same quarter last year, which would indicate a positive year over year growth rate of 9.5%. The firm is scheduled to report its next quarterly… Source link
Read More »A Revitalization of Growth for the Ford Motor Company (NYSE:F)
Ford Motor Company (NYSE:F) had a rough few years, with revenue decreasing and the management cutting dividends temporarily. Today, Ford is striving to optimize the business and re-discover growth from EV and traditional vehicles. As the stock’s performance is based on the future, we will examine how the market and analysts view the company. In the last quarter, Ford posted the expected revenues of US$33b, however the company did surprise by delivering a profit of US$0.45 per share, an… Source link
Read More »Rare Rides: The 1970 Ford Torino King Cobra
As I’m sure is true for many of you out there, I have been a car nut my entire life. Some of my earliest recollections, in fact, involve me playing with my burgeoning, toddler-era collection of Matchbox cars. Not long after, I was working my father over to procure me subscriptions to both Car and Driver and Road & Track magazines, which he lovingly did. Sensing how deep my fascination for motor vehicles was becoming, my dad took me at age nine to my first Formula 1 car race, the… Source link
Read More »CBS to Launch Detroit Newsroom for WWJ-TV After 20 Years
For years, CBS’ WWJ-TV Detroit held the dubious distinction of being the only major network owned-and-operated station without a news department. But that’s about to change: 20 years after eliminating its news presence, WWJ (Channel 62, branded as “CBS 62”) will launch a news department in 2022, as part of an ambitious plan to create a “CBS News Detroit” hub. The announcement was made Tuesday by Wendy McMahon, president and co-head, CBS News and Stations; Adrienne Roark,… Source link
Read More »CBS to Motor News Department Back Into Detroit, Launching Local Broadcasts on WWJ-TV After 20 Years
For years, CBS’ WWJ-TV Detroit held the dubious distinction of being the only major network owned-and-operated station without a news department. But that’s about to change: 20 years after eliminating its news presence, WWJ (Channel 62, branded as “CBS 62”) will launch a news department in 2022, as part of an ambitious plan to create a “CBS News Detroit” hub. The announcement was made Tuesday by Wendy McMahon, president and co-head, CBS News and Stations; Adrienne Roark,… Source link
Read More »2022 Subaru BRZ first allocation sold out
UPDATE, December 13: Those wanting a 2022 Subaru BRZ will have to wait, with the company today announcing its initial allocation has sold out. Around 500 examples of the BRZ have been sold by Subaru since the model went on pre-sale in September, with the first batch of vehicles expecting to arrive in a matter of weeks. With an average price of just over $40,000 before on-road costs, the BRZ orders equate to more than $20 million in sales for the company. The next allocation of Subaru BRZ models… Source link
Read More »