Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric…
Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California. Credit: Rivian Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy…
A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | Reuters Southwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight over premium travelers. “I think…
Ford CEO Jim Farley acknowledged that the automaker is involved “A fight for our lives in our industry” Because it wants to remain competitive in Europe amid pressure from Chinese competitors. One of its weapons to avoid those threats is its partnership with French automaker Renault Group. The two automakers announced a deal on Tuesday…
Stellantis plans to offer the Fiat Topolino, an all-electric quadricycle vehicle, in the U.S. Stellantis DETROIT – Chrysler parent Stellantis on Monday announced it will offer an all-electric small “car” called the Fiat Topolino in the U.S. The automaker did not announce timing for the vehicle, but Fiat CEO Olivier François confirmed plans to bring…
Waymo driverless taxi parks in lower Manhattan in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters Waymo, the robotaxi unit owned by Alphabet, has crossed 450,000 weekly paid rides, according to a letter from investor Tiger Global viewed by CNBC. That’s almost double the milestone it hit in April, when Waymo reported…
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over…
A Southwest plane and baggage carts at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Monday, Dec. 27, 2021. Elijah Nouvelage | Bloomberg | Getty Images The Trump administration said it will forgive the last $11 million of a civil fine against Southwest Airlines that stems from the carrier’s 2022 holiday meltdown that…
Planes line up on the tarmac at LaGuardia Airport on Nov. 10, 2025 in New York City. Spencer Platt | Getty Images Southwest Airlines cut its 2025 earnings forecast on Friday, citing a demand dip during the federal government shutdown, the longest ever. The carrier said it expects 2025 earnings before interest and taxes of…
GM Chief Product Officer Sterling Anderson during the automaker’s “GM Forward” event on Oct. 22, 2025 in New York City. GM DETROIT — General Motors’ newest product and technology executive has said he thinks of the Detroit automaker as a canvas. One that can be curated, retouched or even torn apart. After roughly six months…
