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@TheBadPlace@mastodon.ozioso.online · 1d ago
US Top News and Analysis | Fewer features, more value: Why some Americans are buying simpler cars AI generated summary, Read the full article for complete information. As new‑car prices creep toward $50,000, a growing segment of shoppers is gravitating toward cheaper, no‑frills models that simply get them from point A to point B. Data from Ford, Nissan, Hyundai and others show rising sales of base‑trim compact sedans, entry‑level pickups and modest SUVs—such as the Ford Maverick, whose XL trim jumped more than 100 % between 2023 and 2025, the budget‑friendly Nissan Versa, whose sales doubled in the same period, and smaller SUVs like the Chevrolet Trax and Nissan Kicks, which saw increases of 89 % and 55 % respectively. Buyers are cutting out extras like large touchscreens, power‑adjustable seats and premium interiors, opting for cloth seats, analog gauges and manual controls to keep costs down; a Pennsylvania driver notes that his 2024 Nissan Versa delivers about 42 MPG and saves him roughly $320 a month on fuel. While this shift toward value is evident, truly affordable new‑car options remain scarce—only about 14 % of U.S. sales in early 2025 were for models priced under $30,000, many of which are imported and face tariff pressures, and some entry‑level models (e.g., the Versa after 2025) have already been discontinued. Consequently, higher‑priced trucks and SUVs continue to dominate the market, but consumers are increasingly focused on price, using affordability‑related searches and payment calculators, with average monthly payments now around $767 and younger buyers especially wary of taking on large loans. Read more: https://www.cnbc.com/2026/05/03/why-some-americans-are-buying-simpler-cars.html #AmeliaDalgaard #MotorheadMama #Ford #Nissan #Chevrolet #JeffBezos
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@TheBadPlace@mastodon.ozioso.online · 1d ago
Sweden Herald - Latest Sweden News | Warning: The Iran war will make cars more expensive as aluminum prices rise by Sweden Herald AI generated summary, Read the full article for complete information. The Iran war is expected to push up the cost of aluminum by about 16 percent, which could add roughly $500‑$1,500 to the price of each vehicle and force American automakers such as Ford, General Motors and Stellantis (Jeep) to absorb around $5 billion in extra raw‑material expenses, potentially leading to higher prices for consumers. Read more: https://swedenherald.com/article/warning-the-iran-war-will-make-cars-more-expensive-as-aluminum-prices-rise #Ford #GeneralMotors #Stellantis
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@TheBadPlace@mastodon.ozioso.online · 2d ago
Home - CBSNews.com | Ford CEO says company is focusing on making vehicles more affordable AI generated summary, Read the full article for complete information. Ford CEO Jim Farley told CBS News that making vehicles more affordable must be a priority for both the brand and the industry, noting that the average new‑car price has risen to nearly $50,000—about 30 % higher than in 2019—and that consumers are also facing sharply higher fuel costs. He said Ford plans to offer many of its upcoming models at $40,000 or less, including more affordable versions of the F‑150 and Explorer, employee‑price sales through July 4, and low‑cost leases of $399‑$499, while stressing the need for affordable parts made in America. Farley added that the focus should be on competing with the rapidly growing Chinese auto market, which emphasizes lower‑priced vehicles, and declined to comment on specific trade‑policy measures such as the proposed EU tariff increase. Read more: https://www.cbsnews.com/news/ford-ceo-jim-farley-auto-industry-vehicles-more-affordable/ #Ford #JimFarley #F_150 #Chineseauto #Americanmanufacturing
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@TheBadPlace@mastodon.ozioso.online · 3d ago
Home - CBSNews.com | Ford CEO Jim Farley says most new models will be "more affordable versions" AI generated summary, Read the full article for complete information. Ford CEO Jim Farley announced that most new Ford models will be “more affordable versions,” unveiling a major affordability push that includes employee pricing on nearly all new vehicles through July 4. The announcement was discussed in an exclusive interview with CBS News senior transportation correspondent Kris Van Cleave. Read more: https://www.cbsnews.com/video/ford-ceo-jim-farley-most-new-models-more-affordable-versions/ #Ford #JimFarley #VanCleave #KrisVanCleave
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@TheBadPlace@mastodon.ozioso.online · 4d ago
US Top News and Analysis | Ford raises 2026 guidance as $1.3 billion tariff refund assists in offsetting higher costs AI generated summary, Read the full article for complete information. Ford Motor raised its 2026 outlook after beating Wall Street’s first‑quarter expectations, posting adjusted earnings of 66 cents per share versus the 19‑cent consensus and revenue of $39.82 billion above the $38.82 billion forecast. The company also disclosed a $1.3 billion tariff‑refund benefit following a U.S. Supreme Court ruling that declared parts of former President Trump’s tariffs illegal, which helps offset an anticipated $1 billion rise in commodity costs, especially aluminum. Adjusted EBIT guidance was lifted to $8.5‑$10.5 billion (up from $8‑$10 billion) while maintaining projected free cash flow of $5‑$6 billion and capital expenditures of $9.5‑$10.5 billion. Ford’s traditional “Blue” operations generated $1.9 billion in earnings, its commercial “Pro” segment $1.7 billion, and its “Model e” electric‑vehicle business narrowed its loss to $777 million despite a 70 % year‑over‑year sales decline. The earnings beat was attributed to a strong product mix, pricing, and growth in software and services, with the tariff refund providing a one‑time boost but not being the sole driver of performance. Read more: https://www.cnbc.com/2026/04/29/ford-motor-f-earnings-q1-2026.html #Ford #FordMotor #SupremeCourt #DonaldTrump #SherryHouse
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@TheBadPlace@mastodon.ozioso.online · 6d ago
US Top News and Analysis | General Motors is set to report earnings before the bell. Here's what Wall Street expects AI generated summary, Read the full article for complete information. General Motors will release its first‑quarter earnings before the market opens on Tuesday, with Wall Street analysts forecasting adjusted earnings of $2.62 per share on revenue of $43.68 billion—a modest dip of about 1 % in revenue and a 5.8 % decline in earnings per share compared with the same quarter a year ago. The report will also address the automaker’s 2025‑2026 electric‑vehicle strategy, following last year’s $7.6 billion EV write‑down and expectations of additional, though smaller, charges. Investors will be watching the impact of geopolitical tensions, tariff effects, and the company’s updated 2026 guidance, which projects net income of $10.3‑$11.7 billion, adjusted EBIT of $13‑$15 billion, and full‑year EPS of $11‑$13. Read more: https://www.cnbc.com/2026/04/28/general-motors-gm-earnings-q1-2026.html #GeneralMotors #WallStreet #Ford #electricvehicles #EVassets
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In reply to
@kkarhan@jorts.horse · Apr 20, 2026
@vij@sfba.social I guess #Ford just wants to leverage #Lobbyism to extent the #ChickenTax to an outright #KeiCar - #ban!
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@BerrySoup@mastodonapp.uk · Feb 23, 2026
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@JonBowie@universeodon.com · Feb 12, 2026
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@biziday@mastodon.world · Jan 14, 2026
Într-un gest nemaivăzut pentru un președinte al 🇺🇸#SUA, Donald #Trump i-a arătat degetul mijlociu unui lucrător de la fabrica 🚗#Ford din #Michigan, pe care o vizita. 🏛️#CasaAlbă precizează că “președintele a dat un răspuns adecvat și lipsit de ambiguitate”. Angajatul respectiv îi strigase că este “protector al pedofilului”, cu referire la Dosarul Jeffrey Epstein. 🔗 https://biziday.ro/?p=344879 #Știri #Washington #CasaAlbă #Pedofilie
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