F Jan 2025 21.170 put
- Yahoo Finance
Why automakers are backtracking on their ambitious EV game plans
The latest data from S&P Mobility finds that EV inventory at the end of April climbed 5.7% compared to the prior month and up 105% compared to a year ago. This despite steep discounting for EVs through most of the year.
- Reuters
Ford tests shipping cars from Mexico's Guaymas port to cut logistics costs
MEXICO CITY (Reuters) -Ford shipped its first batch of cars on Tuesday from the once-ignored Guaymas port near its plant in the northern Mexican state of Sonora in a project that, if fully launched, could cut the U.S. automaker's logistics costs, according to the state governor, by 30%. The initial shipment of pickups and Broncos, headed for Chile, is part of a broader revamp of the Guaymas port, an infrastructure project headed by Mexico's outgoing President Andres Manuel Lopez Obrador. Ford has long been sending its autos nearly 2,000 kilometers (1,242 miles) over land from Hermosillo to the port of Lazaro Cardenas, in the state of Michoacan, Sonora Governor Alfonso Durazo said in an interview.
- Barrons.com
Tesla’s Model Y Is the Most American Car. How a Japanese Auto Maker Ended Up No. 2.
The Model Y topped Cars.com’s American-Made Index for the third consecutive year. Tesla is the only company that assembles all the cars its sells in the American market in the U.S.
