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The Latest Breaking News from Mark Fields

Scout Motors' Trucks Are Finally Hitting The Road

Today on Critical Materials: Scout test mules hit the street, automakers haven't hit the data goldmine yet and BMW is mulling gas range extenders for its EVs.

Toyota Records 4th Straight Month Of Production Growth Amid Strong US Demand

Toyota Records 4th Straight Month Of Production Growth Amid Strong US Demand

Toyota Motor Corp (NYSE:TM), the world's largest automaker, announced a growth in its production figures for the fourth-straight month in September on the back of strong U.S. demand.

Former Ford CEO Mark Fields Says US EV Demand Will See 'Gradual Growth' As Customers Pivot Away From Combustion Vehicles In Long Term

Former Ford CEO Mark Fields Says US EV Demand Will See 'Gradual Growth' As Customers Pivot Away From Combustion Vehicles In Long Term

Former Ford Motor Co. (NYSE:F) CEO Mark Fields predicts that the demand for electric vehicles in the U.S. will grow long-term as customers shift away from ICE-powered vehicles.

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As Tesla Giga Texas Hits 500K Production Milestone, Gene Munster Says Automakers Would Be 'Praying' For AVs To Fail: 'Good News For...'

As Tesla Inc.'s (NASDAQ:TSLA) Gigafactory in Texas hit the milestone of 500,000 units produced, Deepwater Asset Management's investor Gene Munster says automakers are likely hoping for autonomous driving to fail.

Former Ford CEO Mark Fields Says EV Market Didn't Develop The Way Automakers Thought Amid GM's $1.6 Billion Charge

Former Ford Motor Co. (NYSE:F) CEO Mark Fields says that the automakers in the U.S. didn't anticipate the slowdown of EV adoption in the country as General Motors Co. (NYSE:GM) announced it would take a $1.6 billion charge.

A Ford Mustang Hybrid Might Actually Happen

It was 2017 when Mark Fields, Ford's CEO at the time, announced a hybrid Mustang. Since then, there have been rumors and reports of an electrified Mustang—and the Mustang Mach-E electric SUV—but no production Mustang hybrid. Now, we know that Ford is at least working on a hybridized Mustang.

Lucid Scores Big With Uber Deal--But For Uber, It's Just Another Ride

Uber Technologies, Inc. (NYSE:UBER) just made a multi-billion dollar bet on Lucid Motors Group, Inc. (NASDAQ:LCID) and Wall Street is buzzing about the deal.

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Elon Musk blames the Fed for soft Tesla sales, but rate cuts won’t solve the problem, says ex-Hertz CEO

Elon Musk blames the Fed for soft Tesla sales, but rate cuts won’t solve the problem, says ex-Hertz CEO

The former interim Hertz CEO responsible for a windfall Tesla deal three years ago doesn't believe EVs will gain disproportionately from Fed rate cuts.

Tesla Investor Day Impressed Former Ford CEO Mark Fields

Tesla Investor Day Impressed Former Ford CEO Mark Fields

Tesla spent hours reiterating its successes and vague future plans. Many folks were unimpressed, but Fields thinks Tesla did a solid job proving its lead.

Apple's car vision extends far beyond music

Apple's car vision extends far beyond music

A sneak peek showed Apple's in-car software controlling everything from the speedometer to temperature controls.

Hertz Names Former Goldman Sachs CFO Stephen Scherr As CEO

Hertz Names Former Goldman Sachs CFO Stephen Scherr As CEO

Hertz Global Holdings Inc (NASDAQ:HTZ) has appointed Stephen M. Scherr as Chief Executive Officer. Scherr will assume his role as CEO and board member of Hertz on February 28, 2022. Scherr spent nearly three decades at Goldman Sachs Group Inc (NYSE:GS), leading a range of strategic and operational functions, departing the firm as Chief…

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