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America isn't buying expensive electric trucks
TheStreet26d agobullish
America isn't buying expensive electric trucks

Expensive electric pickups are proving a hard sell in the U.S., based on declining 2026 sales and steep discounts on these vehicles from automakers such as General Motors. While mass adoption of EVs has been slower in the U.S. than in Europe, these large pickups are moving off lots at an especially ...

General Motors Is a Cash-Compounding Machine. Buy the Stock.
Barrons.com55d agobullish
General Motors Is a Cash-Compounding Machine. Buy the Stock.

GM’s stock, however, is up more than 40% over the past five years even as its market cap clocks in around $75 billion today. The magic is share repurchases: GM has spent roughly $30 billion retiring 500 million shares over that span. Since 2021, GM has generated about $53 billion in free cash flow, despite Covid, inflating prices, tariffs, and ever-changing EV policies.

Gas Prices Pushing Some Car Buyers Away From Pickup Trucks, GM Exec Says
The Wall Street Journal57d agobullish
Gas Prices Pushing Some Car Buyers Away From Pickup Trucks, GM Exec Says

General Motors is seeing consumer preferences shift away from pickup trucks, full-size utility vehicles and its more gas-reliant vehicles following fuel price increases, GM’s North American chief Duncan Aldred said. Aldred cautioned that GM isn’t convinced that the shift will be permanent. It’s historically taken six months or more before high gas prices prompt buyers to consider more fuel-efficient vehicles.

Ford Stock Rallies, Poised for Highest Close Since 2022
The Wall Street Journal77d agobullish
Ford Stock Rallies, Poised for Highest Close Since 2022

Ford shares recently traded about 3.7% higher on the day, on track for their highest close since 2022. General Motors shares are also up about 4.5%, but Ford stock in particular has been surging this year as investors look at the company's energy division as an opportunity to capitalize on the AI boom and soaring energy demand.

Exclusive-Compass Minerals eyes return to lithium market with EnergyX partnership
Reuters86d agobullish
Exclusive-Compass Minerals eyes return to lithium market with EnergyX partnership

May 18 (Reuters) - Compass Minerals plans ‌to jump back into ‌the lithium market by partnering ​with technology startup EnergyX to extract the battery metal from Utah's Great Salt ‌Lake, ⁠a move that comes as prices rise ⁠for the critical mineral alongside a broader push ​to boost ​U. The companies have ‌signed a memorandum of understanding that, if finalized, would see General Motors-backed EnergyX invest more than $400 million ‌and use ​its direct lithium ​extraction (DLE) ​technology to filt