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- Yahoo Finance Video
Ford: EVs, hybrids fuel May vehicle sales
Ford (F) saw increased vehicle sales in May, driven by strong demand for the company's electric vehicles (EVs) and hybrid models. CEO Jim Farley recently highlighted the company's variety of offerings, emphasizing that the auto industry's future will not solely revolve around EVs. Yahoo Finance's Pras Subramanian breaks down the details. To see CEO Jim Farley's full interview, click here. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Yahoo Finance Video
How EVs are making car ownership more affordable
A new note from Bank of America points to the "all-in" cost of vehicle ownership — which includes high interest rates, insurance, and maintenance costs — as a factor behind the flattening of car sales. Autoblog Editor-in-Chief Greg Migliore joins Wealth! to discuss how electric vehicles could be the more affordable option. Migliore notes that charging is becoming more attractive to consumers than gas, especially when incentives, like rebates and subsidies, are available for home chargers. He adds that EVs often have fewer maintenance costs than gas vehicles, which could resonate with many American drivers. As more EVs hit the roads, Migliore says the industry is moving "beyond that early adopter phase." He explains that the EV market will grow as more variations become available, offering consumers more options, from trucks to sedans. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
- Investor's Business Daily
Ford Stock And GM Have Both Carved Bases. Which Looks Stronger?
Both auto giants beat earnings expectations for the first quarter, but only one hiked full-year guidance.
