EUR/USD 1.16555
0.184%
Gold 4576.38
1.526%
Oil 59.103
0.827%
USD/JPY 158.051
0.109%
GBP/USD 1.34219
0.119%
GBP/JPY 212.140
0.229%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Hang Seng Tech Index surged more than 2% in the short term, with AI application stocks rising across the board. The Hang Seng Index is currently up 0.76%.U.S. State Department spokesperson: U.S. Secretary of State Marco Rubio spoke with Mexican Foreign Minister Juan Ramon de la Fuente on the 11th.On January 12th, following the recent 2026 XPeng Global New Product Launch, XPeng Motors Chairman and CEO He Xiaopeng stated in an interview that XPeng Motors core product lines, including smart cars, Robotaxi (driverless taxis), robots, and low-altitude flying cars, will go global. From 2026 to 2030, the company will fully promote globalization. He Xiaopeng explained that in terms of globalization, XPeng Motors had already entered 60 countries and regions by 2025, and will enter even more countries and regions in 2026. "We will further deepen our local R&D and local manufacturing, bringing more global models to both left-hand drive and right-hand drive markets."January 12 - The State Council Information Office will hold a press conference at 10:00 AM on Wednesday, January 14, 2026, where Wang Jun, Deputy Director of the General Administration of Customs, will introduce the import and export situation for the whole of 2025 and answer questions from reporters.On January 12th, Saul Eslake, former chief economist at Bank of America Merrill Lynch Australia, pointed out that the Trump administrations continued attacks on the Federal Reserves independence are one of the reasons for the decline in short-term interest rates while long-term bond yields are rising. Recent attacks on Powell will continue to impact global long-term interest rates, and Australia will also be affected—meaning that the countrys government debt burden may face further upward pressure.

Ford and General Motors strengthen heavy-duty truck moneymakers

Haiden Holmes

Sep 28, 2022 11:01

9.png


Ford Motor (NYSE:F) Co. launched its newest Super Duty pickup on Tuesday, providing a glimpse into the automaker's approach to one of Detroit's most difficult tasks.


The issue is how to improve the largest combustion pickups without overinvesting when automakers must create electric vehicles and battery facilities in order to maintain high demand and profits.


The new Ford Super Duty is equipped with connection and business productivity software to generate income over the life of the vehicle. Jim Farley, the chief executive officer, has prioritized software-driven features and is hiring additional digital commerce leaders.


Ford will implement 5G modems in its Super Duty trucks in 2023 to enable driver monitoring and digital documentation systems. Dashboards have been adapted to facilitate the attachment of specialized equipment, such as lifting arms, to vehicle displays. New Super Duties will feature additional connectors and onboard scales to measure payloads.


Super Duty, Chevrolet Silverado HD, GMC Sierra HD, and Stellantis NV's Ram truck are among the most profitable automobiles sold by the Detroit Big Three or any rival.


Ford reports that the Super Duty brand generates greater revenue than Southwest Airlines (NYSE:LUV), Marriott International (NASDAQ:MAR), and Nordstrom (NYSE:JCP). Southwest's 2021 revenues were $15.8 billion.


Super Duty prices begin at $41,240 and can exceed $100,000 for a fully-equipped vehicle.


Super Duty and Silverado HD pickup trucks are utilized in oil fields and on construction sites. However, many are sold to individuals who tow massive trailers and require luxury SUV connection and comfort.


Currently, battery electric powertrains cannot match the hauling and range of internal combustion engines in heavy-duty pickups. Both Ford and GM are enhancing existing engines and transmissions rather than inventing new ones.


Ford debuted the 2018 Super Duty at Churchill Downs in Louisville, Kentucky, close to where the majority of Super Duty trucks are manufactured.


Ford will invest $700 million in enhancing the Kentucky Truck factory and hire an additional 500 employees to support Super Duty manufacturing.


One day prior to Ford's Super Duty debut, Chevrolet introduced upgrades to its Silverado HD heavy-duty truck lineup.


Heavy-duty Silverado vehicles will only be available with a 10-speed Allison transmission from Chevrolet. The horsepower and torque of the 6.6-liter diesel are enhanced, and some types feature larger display screens.

Suggestion