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AUSTIN, Texas (AP) — Five races into NASCAR's 2024 season and Ford is in a funk. A Ford win in Austin would seem like a long shot in NASCAR's fourth run on a track built for Formula One. Photos You Should See View All 60 ImagesAnd while it’s still early, Ford drivers make up just three of the 16 available Cup playoff spots. Ford drivers point to some solid statistics, even if the major results are lacking. NASCAR vs F1The Circuit of the Americas is the only track used by NASCAR and F1, but the two racing series have vastly different styles.
Persons: Ryan Blaney, , Tyler Reddick, Shane van Gisbergen, Chase Elliott, it’s, Blaney, haven’t, , Chris Buescher, We’ve, we’ve, ” Buescher, Chase Briscoe, Stewart, Haas, we've, ” Briscoe, Briscoe, Ford, van Gisbergen, It’s, Reddick, COTA, there's, I've, ” Reddick, they’ve, FanDuel Organizations: Ford, NASCAR, Circuit, Formula One, Toyota, RFK Racing, Haas Racing, Fords, Blaney's, COTA Locations: AUSTIN, Texas, Atlanta, Austin, Victory, Americas
Ten nonprofits serving young people in Detroit will get an unusual, lasting gift as part of a campaign started by Lisa Ford and her husband, Bill Ford, the executive chairman of Ford Motor Co. Endowments are funds a nonprofit can invest and the annual financial returns from those investments can go into the nonprofit’s budget. Detroit-area nonprofits may apply in June, when Michigan Central Station will reopen, and ten selected organizations will each receive $500,000 to launch an endowment. The Children's Foundation will manage the nonprofits’ endowments and offer them guidance and technical support over two years. Lisa Ford said the idea for creating endowments for youth nonprofits evolved out of their commitment to supporting a robust and vibrant future for the city and the automotive industry.
Persons: Lisa Ford, Bill Ford, ’ ”, Andrew Stein, , ” Ford, Todd Ely, Ely, ” Ely, Meadow Didier, Stein Organizations: Ford Motor Co, Children’s Foundation, Michigan Central, Children’s Hospital of Michigan, Harvard, Foundation, Children’s, Endowments, Internal Revenue Service, University of Colorado, Nonprofit Finance Fund, Children's, Ford, Associated, Lilly Endowment Inc, AP Locations: Detroit, Michigan, University of Colorado Denver
CNN —The Daytona 500 has been postponed until Monday for just the third time in its history due to “inclement weather,” organizers announced Sunday. Consistent rainfall washed out Saturday’s lower-division Xfinity Series race and Sunday’s forecast is far from sunny. 6) exits the garage area during Daytona 500 practice on Friday. A two-time series champion and 2015 Daytona 500 winner, Joey Logano took the pole position with an average qualifying lap speed of 181.947 mph and will be a favorite to run up front throughout the day. Ricky Stenhouse Jr., the defending race champion and often competitive at superspeedways, will start 35th in the No.
Persons: Dwayne “, ” Johnson, , Brad Keselowski, Mike Ehrmann, Joey Logano, Michael McDowell, McDowell, Toyotas, Sean Gardner, Ryan Blaney, Chase Elliott, Denny Hamlin, Bubba Wallace, Michael Jordan, William Byron, Kyle Larson –, Kyle Busch, gunning, Jimmie Johnson, Richard Petty, Ross Chastain, Pitbull, Ricky Stenhouse, Ryan Blaney's, Jared C, Tilton Organizations: CNN, NASCAR, Netflix, Daytona, FOX, Ford, Fords, Getty, Los Angeles Coliseum, Toyota, Hamlin, Chevrolet, of Famer Locations: Florida, Martinsville, pileups
Jimmy Carter’s participation in the events has been a day-by-day question; he is 10 months into home hospice care. Rosalynn Carter has been praised for a half-century of advocacy for better mental health care in America and reducing stigma attached to mental illness. Jimmy and Rosalynn Carter confirmed they voted in the 2016 Georgia Democratic presidential primary for Bernie Sanders over Hillary Clinton. Jimmy Carter also rankled some of his successors with criticism of their foreign and military policy, especially George W. Bush’s 2003 invasion of Iraq. Jimmy Carter is the longest-lived president; Rosalynn Carter was the second-longest lived first lady, trailing only Bess Truman, who died at 97.
Persons: — Rosalynn Carter, Jimmy Carter, Joe Biden, Jill Biden, Bill Clinton, Hillary Clinton, Melania Trump, Michelle Obama, Laura Bush, Brian Kemp, Marty Kemp, Donald Trump, Barack Obama, George W, Bush, Jimmy Carter’s, Rosalynn Carter, , , Jason Carter, she’s, reconvenes, Biden, Carter, Ronald Reagan, Clinton, Bernie Sanders, Trump, Carter “, He’s, Gerald, Betty Ford, George H, Barbara Bush, Bess Truman, Garth Brooks, Trisha Yearwood, Rosalynn Organizations: ATLANTA, U.S, Memorial Church, Jimmy Carter Presidential Center, Georgia Gov, Carter Center, Service, Georgia Southwestern State University, Associated Press, White, Club ”, Democratic, Georgia Democratic, Trump, Republican, Atlanta Symphony Orchestra, Habitat, Humanity, Maranatha Baptist Church Locations: Atlanta, Plains , Georgia, Sumter County, alma mater, Georgia, Americus, America, Washington, inaugurations, Iraq, North Korea, Plains
Delivered in an excited pre-pubescent voice, this untitled rap song is a lasting memory of the joy and bravado 8-year-old Zahmire Lopez always brought to the world. Zahmire, or “Zah,” was shot and killed at his home in Newark, New Jersey, in May. Some say when time goes by it gets easier but it doesn’t get easier.”Leontine Niangara described her son Zahmire Lopez as her "shadow." Read other profiles of children who have died from gunfireWyleek Shaw, 27, was also killed in the shooting, according to the Essex County Prosecutor’s Office. It’s just flag football,’” Niangara said.
Persons: Lil Zah, Zahmire Lopez, , Leontine Niangara, , Zahmire, ” Niangara, “ It’s, Niangara, Wyleek Shaw, Tajion Simmons, Everett Rand, Rand, Shaw, , “ Zahmire, ” She’s Organizations: CNN, won’t, Firearms, New, New Jersey Attorney General’s, Police, Prosecutor’s, Fords, NJ, General’s, University Hospital Locations: Newark , New Jersey, America, Niangara’s Newark, New Jersey, Essex, Fords , New Jersey, Rand, East Rutherford , New Jersey, Newark
Ford’s Hybrids Take Off, Pushing 3Q Sales Up 7.7%
  + stars: | 2023-10-04 | by ( Nora Eckert | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/fords-canadian-factory-workers-in-line-for-15-wage-bump-under-tentative-deal-ec2d218a
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/fords-canadian-factory-workers-in-line-for-15-wage-bump-under-tentative-deal-ec2d218a
Persons: Dow Jones
And young Michigan residents, though in smaller numbers than before, continue to follow relatives into jobs at the auto plants. Her overnight shift helping to build Ford Broncos is physically demanding, she said, and it pays just enough to cover her bills. From her place on the picket line this week, she said she hoped the work stoppage would lead to improvements. “I think everything is going to work, we’re going to get what we deserve,” Ms. Brown said. Still, she said, “I wonder how long this strike is going to be, how long they’re going to wait.”
Persons: , Tyler Theile, Detroit’s N.B.A, Heaven Brown, Ms, Brown, Organizations: Anderson Economic Group, Pistons, Fords, Wayne, Ford Broncos Locations: Michigan, Detroit, Flint, Lansing
The nearly week-old United Auto Workers strike against Ford (F.N), General Motors (GM.N) and Stellantis (STLAM.MI) is viewed as a signal of the strength of the U.S. labor movement that has garnered national support from Americans. The UAW members from two striking plants gathered in Toledo were rolling out for the one-hour, 45-mile (72 km) drive to Wayne, Michigan, where Ford workers also walked off the job last week. In Michigan, Ohio and Missouri, the three states where workers are currently striking, models made by the Big Three dominate the leaderboard of new auto registrations. The United States is still the second-largest car market in the world, trailing only China. Union membership has fallen steadily over several decades in the United States.
Persons: Esperanza Ledesma, I'm, Ledesma, Roxanne Stadtfeld, Stadtfeld, Randi Weingarten, Liz Shuler, Weingarten, Brandon Cappelletty, Cappelletty, Ben Klayman, Joe White, David Gaffen, Jamie Freed Organizations: Fords, United Auto Workers, Ford, General Motors, UAW, GM, Big, P Global, Union, American Federation of Teachers, AFL, Thomson Locations: TOLEDO , Ohio, Toledo, Stellantis's, Ohio, Michigan, Wayne , Michigan, Monroe , Michigan, Lake Erie, Michigan , Ohio, Missouri, United States, China, U.S, Toledo , Ohio, Detroit
Bosnia and Herzegovina CNN —The Neretva River carves its way through Bosnia and Herzegovina’s impenetrable forest. The Neretva River flows 140 miles (225 kilometers) from its source in the mountains of Bosnia and Herzegovina to the Adriatic Sea in Croatia. Nell Lewis/CNN Scientists warn that hydropower plants could have a detrimental effect on the region's biodiversity. Nell Lewis/CNN Scientists, concerned about the effects of the proposed hydropower plants, gathered on the banks of the Neretva in June as part of the Save the Blue Heart of Europe campaign. This has taken its toll on wildlife, with one in three freshwater fish species threatened with extinction.
Persons: Joshua D, Lim, Marco Secchi, Ursi Seibert, Nell Lewis, Vladimir Tadic, Linda Majdanová, , Ulrich Eichelmann, “ It’s, ” Ulrich Eichelmann, Kurt Pinter, Pinter, it’s, ” Radomir Sladoje, , GENT SHKULLAKU Organizations: CNN, Herzegovina CNN, Center for Environment, Center of Environment, “ Neretva Science, Science, EU, Developers, EFT Group, Neretva Science, Getty, Bern Convention Locations: Bosnia, Herzegovina, Bosnian, Balkans, Adriatic, Croatia, Mostar, Herzegovina's, Kalinovik, Neretva, Linda, “ Neretva, , Balkan, Europe, EU, Ulog, Vienna, Austria, Albania, GENT, AFP, Bern
Elon Musk’s secret game plan for Tesla
  + stars: | 2023-07-06 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +9 min
"Tesla is happy to support other EVs via our Supercharger network," Tesla CEO Elon Musk tweeted, replying to President Joe Biden's announcement. And by tapping into a vehicle's battery management system, Tesla may be able to get even more data from its competitors. There were jokes for years that Tesla was actually a carbon-credit company pretending to be a car company. For a while it looked as if it were going to be an insurance company pretending to be a car company. Now, I think it's going to be a data company — which may just be the thing that winds up keeping it afloat.
Persons: who's, Tesla, Elon Musk, Joe Biden's, Mike Ramsey, it's, Samrat Acharya, Ford, Elon, they'll, Big, Adam Rogers Organizations: Ford, GM, Gartner, cybersecurity, Twitter, Big Locations: United States, Teslas, Silicon Valley
Tesla May Have Already Won the Charging Wars
  + stars: | 2023-06-27 | by ( Jack Ewing | ) www.nytimes.com   time to read: +1 min
Tesla’s proprietary charging system, which it recently began calling the North American Charging Standard, is not overseen by an independent organization as other technical standards are. The company has said it intends to hand off control to such a body, though some competitors are skeptical of how much control Tesla will surrender. The deal also comes with risks for Tesla. Battles over technical standards are common with any new technology. Some industry officials fear that the messy corporate jockeying over charging technology could discourage people from buying electric cars.
Persons: Tesla Organizations: American, Tesla, Chevrolets
New York City joins a growing list of cities and states taking legal action against Kia and Hyundai. New York City has joined a growing list of cities and states to take legal action against Hyundai and Kia. TikTokers have suggested a "hack" to get a Kia or Hyundai car started without the key. In New York City, the suit cited, Kia thefts increased about 241% between 2021 and 2022. Hyundai thefts similarly increased by 179%.
Persons: Kia, Kias, Louis, Hyundais, TikTokers Organizations: Kia, Hyundai, Morning, Progressive, European Union, America, New York Police Department, Mercedes, Apple Locations: York City, New York City, Cleveland, Milwaukee, San Diego, Columbus, St, Seattle, New York, Canada
American car companies' sales in China have been on a steady decline. "The market has totally changed," Ford CEO Jim Farley said about ChinaWithout China, American car companies will likely lean into US electric vehicle sales. Some of this can be attributed to Chinese car companies' ability to build better and cheaper cars, especially EVs, that consumers are keen to buy. Car companies will double down on US buyers and EVsAs the industry bounced back from the Great Recession, and China became the fastest-growing (and EV friendly) car market in the world, American car companies rushed to enter the market. The China vs America face-off is at a stalemate – for nowWhile American companies lose ground in China, there is a bright spot.
I tested out the experience in a Kia Niro EV that Kia lent me. Charging a non-Tesla at a Tesla charging station was notably smooth and convenient. The Kia Niro EV charges at a Tesla Supercharger in Brewster, NY. The Kia Niro EV charges at a Tesla Supercharger in Brewster, NY. The Kia Niro EV charges at an EVgo charging station.
Tesla plans to open 3,500 of its fast-charging plugs to all electric-car owners by the end of 2024. Until now, Tesla's Supercharger network was only for Tesla owners in the US. According to Loren McDonald, CEO of EV industry consultancy EVAdoption, the Supercharger network serves as Tesla's single biggest marketing tactic. Sam Abuelsamid, an auto industry analyst at Guidehouse Insights, agrees that expanding Supercharger access could help Tesla sell more cars. Analysts see another risk: A boom in demand for limited charging stalls could frustrate Tesla owners by crowding popular stations.
The reliable and extensive Supercharger network used to be only for Tesla owners. Some Tesla owners worry the move could lead to long waits at charging stations. He believes the Tesla charging experience is so far ahead of the competition that non-Tesla owners will arrive in droves. Other Tesla owners Insider spoke with don't foresee major issues and cheer a move that could accelerate EV adoption. Experts said Tesla Superchargers could get more crowded, but there probably won't be major issues.
DETROIT – Ford Motor is set to report its fourth-quarter earnings after the bell Thursday. Here's what Wall Street is expecting, according to Refinitiv consensus estimates:Adjusted earnings per share: 62 cents62 cents Automotive revenue: $40.37 billionIn October, Ford confirmed its prior full-year guidance of adjusted earnings before interest and taxes of between $11.5 billion and $12.5 billion. Wall Street expects Ford's full-year 2023 adjusted earnings per share outlook to mark a nearly 16% decline from 2022, according to Refinitiv estimates. That's despite forecasting full-year revenue up 3.4% year over year to more than $151 billion, signaling lower operational profit compared with recent years. The automaker also forecast stronger-than-expected 2023 results, including adjusted earnings before interest and taxes of $10.5 billion to $12.5 billion and adjusted earnings per share of between $6 and $7.
Testing well over a dozen new electric cars has convinced me that I want one someday. New electric cars are too expensiveThe Tesla Model Y costs close to $70,000. Today, you can't find a used EV with more than 250 miles of EPA-rated range for less than $24,000. Tim Levin/InsiderUnderdeveloped charging infrastructure is widely cited as one of the top reasons more people don't buy more electric cars. Did you recently buy an electric car, sell one, or trade it in for a different brand?
Testing well over a dozen new electric cars has convinced me that I want one someday. New electric cars are too expensiveThe Tesla Model Y costs close to $70,000. Tim Levin/InsiderPeople who are unwilling or unable to shell out for a new car buy used. But the market for electric cars is so young — and they're so pricy to begin with — that there aren't all that many appealing secondhand options in my budget. Tim Levin/InsiderUnderdeveloped charging infrastructure is widely cited as one of the top reasons more people don't buy more electric cars.
Elon Musk's company has lost nearly a Berkshire Hathaway's worth of market value. Tesla's $670 billion decline is roughly equivalent to three Disneys, four Nikes, or six Starbucks. Tesla's $670 billion drop in market value isn't far off the entire worth of Warren Buffett's Berkshire Hathaway ($685 billion). Moreover, Musk's electric-vehicle company has seen more than double the market cap of Home Depot ($324 billion), or the combined market caps of Coca-Cola ($268 billion) and PepsiCo ($255 billion) wiped off its market value. It also equates to around four Nikes ($162 billion), five Netflixes ($127 billion), six Starbucks ($113 billion), seven PayPals ($92 billion), and 12 GMs or Fords ($56 billion each).
Electric cars won't overwhelm the US grid anytime soon, energy and transportation experts say. EVs don't consume a lot of energy now, and it will be decades before electric cars take over fully. On his Fox News show, Carlson bashed electric cars as a "new way to overburden California's already collapsing energy grid." More electric cars plugging in will increase energy demands over time, necessitating a more robust grid and smarter charging habits, they say. Even at 2030 estimates, some 5.6 million electric cars, trucks, and vans would only comprise 4% of peak loads.
I don’t know where, but people are seeing it. I don’t know what they thought that movie was meant to be marketing-wise, but it was a little gem for us. He basically said, Pay me or I’m going to tell your wife. Let’s do another one.” Ray said, “OK, what do you want me to do differently?” The director said: “I don’t know. I don’t know that there’s any way to communicate that to you.
New York (CNN Business) The still-clogged global supply chain continues to wreak havoc on the auto industry. Ford said late Monday it will end September with between 40,000 and 45,000 large pickups and SUVs that it can't finish because it doesn't have all the parts. Ford F Negotiations on various supplies, which Ford did not identify, are raising its costs. The uncompleted vehicle problem should be a temporary setback: Although many of the uncompleted vehicles are highly profitable for the company, Ford said it should be able to hit its full-year earnings targets. Automakers have been struggling with various supply chain issues, specifically a shortage of computer chips, which has choked off vehicle production for much of the last two years.
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