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Search resuls for: "David Shepardson Aishwarya Nair"


2 mentions found


☆ Ford to cut prices of Mustang Mach-E, following Tesla's lead
  + stars: | 2023-01-30 | by ( David Shepardson Aishwarya Nair | David Shepardson | Aishwarya Nair | ) www.reuters.com   time to read: +2 min
[1/4] Ford Mustang Mach-E GT is seen during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. The move comes as electric vehicle manufacturers are feeling pressure from Tesla's price cut to respond. "Ford just cut Mustang EV prices in response to Tesla’s price cut. "Tesla’s price cut was a major blow to the prospects of competing EV models and the Mustang Mach-E directly competes with Tesla’s Model Y," said Garrett Nelson, an analyst at CFRA Research. Ford said existing Mustang Mach-E customers awaiting delivery of vehicles will automatically receive the price cut.
☆ Airlines scrap 2,700 U.S. flights as winter storm disrupts holiday travel
  + stars: | 2022-12-22 | by ( David Shepardson Aishwarya Nair | David Shepardson | Aishwarya Nair | ) www.reuters.com   time to read: +2 min
REUTERS/Elijah NouvelageWASHINGTON, Dec 22 (Reuters) - Airlines canceled more than 2,700 U.S. flights Thursday and Friday, disrupting holiday travel for thousands, as a powerful winter storm hit the United States. The extreme weather coincided with the start of a holiday travel season that could be one of the busiest ever. The Federal Aviation Administration said Thursday that the winter storm was bringing blizzard conditions to the Midwest with major travel disruptions expected in Chicago, Detroit and Minneapolis-St. Paul. More than 1,830 U.S. flights had been canceled Thursday and another 900 flights for Friday were scrapped, according to flight tracking website FlightAware. Last year's holiday period was marred by an outbreak of COVID-19 among staff that forced airlines to cancel thousands of flights.
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