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Tesla, GM lead record U.S. EV sales this year as federal incentives end

DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase ended in September. New data provided to CNBC from Motor Intelligence shows U.S. sales of EVs, excluding hybrids, […]

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EVs, big SUVs drive Ford Q3 U.S. sales up 8.2%

Business News

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Sales of electric vehicles and large SUVs drove Ford Motor‘s third-quarter sales up by 8.2%, the Detroit automaker reported Wednesday. Ford said sales of all-electric vehicles increased by 30.2% during the

EVs, big SUVs drive Ford Q3 U.S. sales up 8.2% Read More »

Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns

Business News

Jim Farley, president and chief executive officer of Ford Motor Co., at Ford Pro Accelerate in Detroit, Michigan, US, on Tuesday, Sept. 30, 2025. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — “A lot of surprises.” That’s how Ford Motor CEO Jim Farley described his past five years leading the Detroit automaker, which he

Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns Read More »

Spirit Airlines touts ‘massive progress’ in bankruptcy

Business News

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images WHITE PLAINS, N.Y. — Spirit Airlines is making “massive progress” to revitalize the airline, the carrier’s restructuring lawyer Marshall Huebner said in a

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Ford CEO expects EV sales to be cut in half after end of tax credits

Business News

James Farley, CEO, Ford speaks onstage during the Reindustrialize Conference 2025 on July 16, 2025 in Detroit, Michigan. Tasos Katopodis | Getty Images DETROIT – Ford Motor CEO Jim Farley said he expects demand for all-electric vehicles to be slashed in half next month following the end of federal tax incentives on Wednesday. Farley on

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Firefly Aerospace stock tanks 24% after test rocket explosion

Finance News

A model of the Firefly Aerospace Blue Ghost lander during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace shares sank more than 24% after its rocket exploded during a test flight on Monday. The explosion occurred

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What’s the ‘natural demand’ for EVs in the U.S.? We’re about to find out

Business News

A view of Cadillac Escalade IQ Sport 2 at Electrify Expo San Francisco, the largest electric vehicles (EV) event in North America at Alameda Point in Alameda, California, United States on Aug. 23, 2025. Tayfun Coskun | Anadolu | Getty Images DETROIT — Automakers and investors are about to find out what the “natural demand”

What’s the ‘natural demand’ for EVs in the U.S.? We’re about to find out Read More »

FAA to let Boeing sign off on 737 Maxes, 787s after years of restrictions

Business News

Boeing 737 Max planes sit at the airport in Renton, Washington. Leslie Josephs | CNBC Boeing can sign off on some of its 737 Max and 787 Dreamliner planes before they’re handed over to customers, the Federal Aviation Administration said Friday, the latest sign the manufacturer is regaining confidence from its regulator after years of

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CarMax stock plummets 20% following ‘challenging’ quarter that missed Wall Street’s expectations

Business News

A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California. Justin Sullivan | Getty Images News | Getty Images DETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations.

CarMax stock plummets 20% following ‘challenging’ quarter that missed Wall Street’s expectations Read More »

U.S. startup airline Breeze Airways plans first international flights

Business News

A Breeze Airways airplane on the tarmac at Tampa International Airport in Tampa, Florida, on May 27, 2021. Matt May | Bloomberg | Getty Images U.S. startup airline Breeze Airways is planning to fly internationally for the first time early next year, aiming to win over sun-seeking travelers as the carrier enters its fifth year

U.S. startup airline Breeze Airways plans first international flights Read More »

Tesla, GM lead record U.S. EV sales this year as federal incentives end

EVs, big SUVs drive Ford Q3 U.S. sales up 8.2%

Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns

Spirit Airlines touts ‘massive progress’ in bankruptcy

Ford CEO expects EV sales to be cut in half after end of tax credits

Firefly Aerospace stock tanks 24% after test rocket explosion

What’s the ‘natural demand’ for EVs in the U.S.? We’re about to find out

FAA to let Boeing sign off on 737 Maxes, 787s after years of restrictions

U.S. startup airline Breeze Airways plans first international flights

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