Michael Wayland
- Indexed articles, last 90 days
- 40
- Latest publication
- Sep 30, 2026
- Outlet visibility, for CNBC
- Top 5K sites
- Earliest in this view
- Jul 6, 2026
Latest articles
Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker's shares hit new low (opens the original)
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DETROIT â Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company's 2026 guidance and longer-term cash flow targets as U.S. shares of the embattled automaker trade at an all-time low. "We are completely committed and we are convinced that we will do that," Filosa said Wednesday about Stellantis' forecast for this year of a mid-single-digit percentage increase in net revenue and a low-single-digit adjusted operating margin. Filosa also reconfirmed the company is aiming to be cash flo
Ford CEO says it's 'too late' for Europe to fend off Chinese automakers, but not for U.S. (opens the original)
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DETROIT â Ford Motor CEO Jim Farley said Tuesday he believes politicians should take lessons learned from Europe when deciding whether to allow Chinese automakers into the U.S., cautioning that it's "too late" for that region but not for the American market. "I think it's just important for us to take our time to be considerate," Farley said at the Automotive News Congress in Detroit. "I watch what's happening in Europe right now, where that was not the case, and it's really something that the
Hyundai expected to outsell Ford in third quarter as Detroit automakers lack hybrids (opens the original)
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DETROIT â Hyundai Motor is expected to outsell Ford Motor in quarterly sales for the first time ever, according to a new forecast released Thursday by Cox Automotive. The South Korean automaker is expected to report a 6.5% increase in year-over-year sales from July through September to 511,421 units. That compares with an expected 7.1% decline for Ford over the third quarter to 504,172 new vehicles sold, according to Cox predictions. The expected leaderboard change would make Hyundai the third
As Trump and Xi meet, Chinese automakers could be a Pandora's box for U.S. auto industry (opens the original)
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DETROIT â As President Donald Trump meets with Chinese President Xi Jinping this week, U.S. politicians as well as the global automotive industry are warning that allowing Chinese automakers to enter the market could be a Pandora's box. Trump earlier this month said he might be "OK" letting Chinese automakers into the U.S. if they produced vehicles domestically, leading a consortium of auto trade groups representing every major facet of the American auto industry to urge him to rethink that po
Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit (opens the original)
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The American automotive industry wants President Donald Trump to maintain policies that make it difficult for Chinese automakers to operate in the U.S. â or even ban them altogether. In a letter to Trump dated Thursday and viewed by CNBC, groups representing major facets of the U.S. automotive industry â from franchised dealers and suppliers to domestic and foreign automakers â urged the president to "maintain policies that keep the door firmly shut to Chinese automakers seeking to sell,
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