03 March 2026
Kart-e-Char, Kabul, Afghanistan

Michael Wayland

Articles by Michael Wayland

New cars are increasingly becoming a luxury amid K-shaped economy concerns - CNBC

BusinessJanuary 31, 2026

DETROIT American consumers are hitting a fork in the road when it comes to the U.S. automotive industry. Affluent buyers are purchasing new vehicles at increasingly higher prices, while lower-income …...

Ford to record $600 million pretax pension charge in fourth quarter - CNBC

BusinessJanuary 31, 2026

DETROIT Ford Motor said it will report pretax charges of $600 million in its fourth-quarter results due to adjustments in its employee pension plans and other postretirement benefits. The Detroit au…...

GM to move production of China-built Buick SUV to U.S. plant - CNBC

BusinessJanuary 23, 2026

DETROIT General Motors plans to move production of a Buick compact SUV from China to the U.S. for domestic sales, the company confirmed Thursday. GM said the next-generation vehicle is expected to b…...

Stellantis stock off 43% as Jeep maker turns five, executes turnaround - CNBC

BusinessJanuary 20, 2026

Stellantis North America COO and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California…...

Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy - CNBC

BusinessJanuary 16, 2026

DETROIT Stellantis CEO Antonio Filosa views 2026 as an execution year for the embattled maker of Jeep, Ram and Dodge vehicles in the U.S. after years of market share declines. Filosa has been undert…...

Inside GM's new world headquarters: Modernized midcentury designs with artifacts, surprises from the American icon - CNBC

BusinessJanuary 12, 2026

A 1963 Chevrolet K20 pickup truck and a new Chevrolet Silverado EV sit outside General Motors' new world headquarters on Jan. 6, 2026 in Detroit. DETROIT Outside General Motors' new world headquarte…...

Ford reports best annual U.S. vehicle sales since 2019 - CNBC

BusinessJanuary 7, 2026

DETROIT Ford Motor on Tuesday said its U.S. vehicle sales last year increased 6% to achieve the company's best annual sales since 2019. The Detroit automaker reported sales of 2.2 million vehicles i…...

GM posts 5.5% U.S. sales gain in 2025, Stellantis' Jeep marks first increase in seven years - CNBC

BusinessJanuary 6, 2026

DETROIT General Motors on Monday reported a 5.5% increase in its annual U.S. sales in 2025, despite a 6.9% decrease during the fourth quarter. The Detroit automaker's results were driven last year …...

Stellantis resurrects $100,000 Ram TRX V-8 pickup truck amid industry deregulation - CNBC

BusinessJanuary 2, 2026

DETROIT Stellantis is resurrecting a V-8-powered Ram pickup truck called the TRX as the company faces fewer federal emissions regulations and enacts a U.S. sales turnaround plan for its brands. The…...

GM's record stock performance beats Tesla, Ford and other automakers in 2025 - CNBC

BusinessDecember 30, 2025

Mary Barra, CEO of General Motors, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. DETROIT General Motors …...