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Articles from Robert Ferris

The fastest cars debuting at New York auto show can hit 60 in under 2 seconds and top out at 300 mph

CNBC.COM
– The New York auto show typically boasts at least a few speed demons and sports cars. Here is a list of some highlights....

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Jaguar I-Pace electric SUV sweeps awards at New York auto show

CNBC.COM
– This is the first year two electric vehicles have been finalists for best overall car: the I-Pace beat Audi’s eTron SUV. This is...

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Lincoln reveals new Corsair SUV at New York auto show, targeting fast-growing segment

CNBC.COM
– Ford’s premium brand continues its hard lean into its heritage by bringing plush and quiet interiors into the growing small SUV market. Lincoln...

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US lawmakers begin push to expand federal electric vehicle tax credits

CNBC.COM
– The existing federal $7,500 tax credit for EV buyers phases out over 15 months once an automaker sells 200,000 electric cars. The existing...

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Ford shakes up management in a move to retool business model to high-tech auto market

CNBC.COM
– Ford announces a big management shakeup, shifting key executives to retool its business model toward the future car market. Ford announced a big...

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Morgan Stanley cuts Tesla price target and lowers Model S and Model X sales forecast

CNBC.COM
– Tesla’s disappointing first-quarter delivery number led Morgan Stanley analyst Adam Jonas to lower his price target on the stock from $260 to $240,...

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Ford sales fall 1.6% due to unpopular cars, but truck, vans and SUVs gain

CNBC.COM
– A 24% decline in sales of ever less-popular passenger cars dragged down what was otherwise a positive quarter for the second-largest automaker. Ford’s...

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Tesla shares fall by as much as 10.7% after deliveries miss by a wide margin

CNBC.COM
– Tesla shares fall as much as 10.7% as investors react to disappointing delivery numbers, which will hurt profits in the first quarter. Tesla...

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US judge gives Tesla CEO Elon Musk, SEC two weeks to work out their issues

CNBC.COM
– US Judge Alison Nathan ordered Musk and the SEC to “take a deep breath, put on your reasonableness pants” and work out a...

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General Motors invests $300 million in Orion Assembly Plant, adds 400 jobs

CNBC.COM
– The investment is a portion of $1.8 billion GM pledged to spend on manufacturing in the U.S., which will create 700 new jobs...

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Tesla brings back its referral program, sort of

CNBC.COM
– Tesla is reviving the referral program so popular with customers, albeit with different terms the company says are more sustainable. Tesla is bringing...

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Auto stocks fall after BMW warns of global economic slowdown, trade trouble

CNBC.COM
– BMW executives said the industry faces a fiercely competitive environment, dogged by questions about how tariffs and trade tension between the U.S., China...

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