Michael Wayland

Articles by Michael Wayland

I drove Tesla FSD, Rivian Autonomy+ ‘hands-free’ driving systems. Here’s how they compare - CNBC

Business August 16, 2026

Rivian's in-vehicle AI assistant launched in its vehicles on May 12, 2026. DETROIT What's the best advanced driver-assistance system on the market? Ask Rivian Automotive's new artificial intelligenc�...

GM reaches up to $4.5 billion parts deal designed to avoid supply chain troubles - CNBC

Business August 12, 2026

DETROIT General Motors has reached a unique, multibillion-dollar parts deal as it aims to preserve cash and prevent supply chain disruptions like ones that have hit the global automotive industry thi�...

GM, Chinese automaker extend joint venture for 20 years despite geopolitical tensions with U.S. - CNBC

Business August 6, 2026

DETROIT General Motors and China's SAIC Motor have extended a decadeslong Chinese joint venture that was set to end next year, the U.S. automaker said Tuesday night. The extension comes amid a rapid�...

Lucid begins 'operational reset' as CEO says EV maker will delay midsize vehicle - CNBC

Business August 5, 2026

Lucid Group missed Wall Street's second-quarter expectations as the electric vehicle manufacturer conducts an "operational reset" amid leadership changes and cost-cutting efforts. Those plans includ�...

Why Ford believes its 10.2% July U.S. sales decline was still a 'good' month - CNBC

Business August 5, 2026

DETROIT Despite reporting a 10.2% decline in its July U.S. vehicle sales Tuesday, Ford Motor is touting the results as a "good sales month." That's according to Rob Kaffl, Ford's director of U.S. sa�...

Are Americans ready to embrace tiny 'cars'? These companies think so - CNBC

Business August 4, 2026

Chip Motors plans to produce a four- or six-seat low-speed vehicle, which it is calling a "life utility vehicle, named Chip. The next big idea in the U.S. automotive industry may be small. A growin�...

GM to launch its own in-vehicle AI system later this year - CNBC

Business August 1, 2026

DETROIT General Motors plans to launch its own in-vehicle artificial intelligence system that's better tailored for its customers later this year. The new GM AI assistant is expected to be more inte�...

Rivian reduces 2026 spending plans, narrows earnings guidance - CNBC

Business July 31, 2026

Rivian Automotive reduced its 2026 spending plans and slightly narrowed its previously forecasted losses this year as the company reported second-quarter results Thursday. The revised guidance now i...

Carvana stock falls 15% as auto retailer's 2026 earnings guidance misses Wall Street's expectations - CNBC

Business July 30, 2026

Shares of Carvana fell drastically during after-hours trading Wednesday after the company reported full-year guidance that failed to meet some of Wall Street's expectations for the auto retailer. Ca�...

Ford Motor is set to report earnings after the bell. Here's what Wall Street expects - CNBC

Business July 29, 2026

DETROIT Ford Motor is set to announce second-quarter results after the markets close Tuesday. Here's what Wall Street expects, based on average analysts' estimates compiled by LSEG: Earning… [+169...