Michael Wayland

Articles by Michael Wayland

GM announces new gas-powered Cadillac vehicles amid EV pullback - CNBC

Business July 22, 2026

DETROIT General Motors will launch new gas-powered Cadillac vehicles beginning next spring as the automaker continues to shift gears away from all-electric vehicles. GM CEO Mary Barra said Tuesday οΏ½...

Used EVs keep getting more expensive amid Iran war, high gas prices - CNBC

Business July 9, 2026

DETROIT The Iran war and high U.S. gas prices are causing a surge in demand for used all-electric vehicles, which is making the pre-owned vehicles more expensive, according to Cox Automotive. The coοΏ½...

Stellantis to sell small Fiat Topolino EV for $13,995 in U.S. - CNBC

Business July 8, 2026

DETROIT Chrysler parent Stellantis on Tuesday said it has opened ordering for its small Fiat Topolino electric vehicle in the U.S., starting at $13,995. While the Topolino resembles a small car suchοΏ½...

Rivian stock falls more than 10% as company sells 75 million shares to raise capital - CNBC

Business July 8, 2026

Rivian Automotive stock plunged more than 10% during early trading on Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock. The capitοΏ½...

Toyota to invest $3.6 billion to move Tacoma pickup truck production from Mexico to Texas - CNBC

Business July 7, 2026

Toyota Motor on Monday announced that it is investing $3.6 billion to move production of the Tacoma midsize pickup truck from a plant in Mexico to its San Antonio, Texas, manufacturing campus. The iοΏ½...

Ford achieves quality milestone, as CEO targets flawless new vehicle launches - CNBC

Business July 4, 2026

Ford Motor CEO Jim Farley speaks during a launch event for the 2025 Ford Expedition in Louisville, Kentucky, on April 30, 2025. DETROIT Ford Motor regularly promotes itself as a cornerstone of AmeriοΏ½...

Rivian raises 2026 delivery outlook while Lucid misses Wall Street expectations for second quarter - CNBC

Business July 3, 2026

Electric vehicle makers Rivian Automotive and Lucid Group reported second-quarter delivery results Thursday with mixed results. Rivian raised its 2026 delivery guidance range after seeing stronger-tοΏ½...

Lamborghini reveals new Urus performance hybrid SUV after ditching EVs - CNBC

Technology July 3, 2026

Lamborghini on Wednesday revealed a new hybrid performance model of its Urus SUV, as the Italian auto manufacturer continues to lean into gas-electric vehicles after abandoning plans for pure EVs. TοΏ½...

GM reports 4.2% decline in Q2 U.S. sales as EV demand falls - CNBC

Business July 2, 2026

A view of a Toyota RAV4 Hybrid on display before the game between the Washington Nationals and the Tampa Bay Rays against the at Nationals Park on April 03, 2023 in Washington, DC. ( DETROIT Second-οΏ½...

GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling - CNBC

Business June 26, 2026

2027 GMC Sierra 1500 AT4X (left) and Denali Ultimate models DETROIT General Motors revealed its 2027 GMC Sierra 1500 pickup truck lineup on Thursday with new V-8 engine options and redesigned interiοΏ½...