Robert Ferris

Lucid Motors gets rave reviews from critics. But it's sorely lacking customers. That's a problem the company can't afford. The Arizona-based EV maker has top-shelf tech, deep-pocketed backers, and highly praised cars . However, it has struggled to meet pr... See more

In terms of performance, lightning quick acceleration and ever-rising top speeds, EVs are leaving gas cars in the dust. But not when it comes to sales. At least in the U.S., EVs are struggling to keep customers interested. CNBC test drove a few at M1 conc... See more

Automaker Stellantis is making $13 billion bet on a U.S. comeback, after a rough 2024 and a $2.7 billion net loss in the first half of 2025. High prices and stale products scuttled what had been a highly successful first few years of the combined company.... See more

Rental company Hertz said Tuesday it is updating its online shopping website to allow customers to secure financing, get a trade-in offer and do just about everything else a buyer would need to purchase a vehicle. The move is a significant step for Hertz'... See more

The recently announced partnership between Hertz and Amazon Autos will make it easier for rental car companies to offload their own cars directly to consumers, but it could cut into a historical source of profit for car dealerships, auto industry analysts... See more