Automaker reshapes operations as EV challenges continue building
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Automaker reshapes operations as EV challenges continue building
The major indexes rose slightly Monday as AI and chips shrugged off higher oil prices as Trump said Iran ceasefire "on life support."
General Motors shares sink as the company announced IT layoffs. But the announcement may actually prove bullish for GM stock in the long run.
Ford Motor is starting up a new business that Tesla pioneered: Energy Storage. Monday, Ford introduced “Ford Energy,” which will deliver “United States-assembled battery energy storage systems for utilities, data centers, and large industrial and commercial customers in the United States.” Tesla has a large energy storage business.
Consumer stocks fell late Monday afternoon with the State Street Consumer Staples Select Sector SPDR
(Bloomberg) -- General Motors Co. plans to cut hundreds of salaried workers from its information technology ranks in an effort to trim costs and clear the way to bring in staff with skills in other technology areas. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksChina Confirms
Ford looks cheap with a 0.28 forward sales multiple, strong Q1 beat, higher guidance, and tariff relief- but challenges remain.
General Motors (GM) is confident in its 2026 guidance despite an elevated risk profile due to the Mi
Authorities alleged that between 2016 and 2024, GM gathered driver and vehicle-related data from hundreds of thousands of OnStar subscribers.
Shareholders appeared unconcerned with General Motors Company's ( NYSE:GM ) lackluster earnings report last week. We...
The settlement, the largest CCPA penalty in California history, includes a 5-year ban on selling driver data to data brokers
Investing.com -- The U.S. Court of International Trade (CIT) has ruled that President Trump’s 10% universal tariff, imposed under Section 122 of the Trade Act of 1974, is unlawful.
General Motors has reached a privacy-related settlement with a group of law enforcement agencies led by California Attorney General Rob Bonta.
If you are trying to figure out whether General Motors stock is attractively priced or starting to look stretched, the recent share moves and current valuation metrics give you a lot to work with. The stock recently closed at US$78.41, with returns of 2.0% over 7 days, 7.8% over 30 days, a 3.2% decline year to date, 67.3% over 1 year and 144.3% over 3 years. This gives you several different entry points to think about. Recent market attention has been driven by ongoing updates around General...
F targets steadier profits by growing software and services revenues, with parts and remote repairs helping offset vehicle sales swings.
The US economy grew by 115,000 non-farm payroll jobs in April, according to the Bureau of Labor Statistics' (BLS) latest report, above economists' forecasts of 65,000. The national unemployment rate held steady at 4.3%. Acting US Secretary of Labor Keith E. Sonderling sits down with Yahoo Finance Senior Reporter Jennifer Schonberger to talk about the fresh labor data, citing "resiliency" in job growth amid domestic investments in the US from major companies. Sonderling took on the mantle of Acting Secretary of Labor after Lori Chavez-DeRemer resigned from the Trump Cabinet position on April 20.
F posts stronger Q1 EBIT but keeps 2026 cash flow guidance unchanged amid tariff uncertainty and seasonal working capital pressures.
We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. General Motors Company (NYSE:GM) is one of the stocks discussed by Jim Cramer. General Motors Company (NYSE:GM)’s shares, which are up by 73% over the past year and down by 3% year-to-date, have significantly outperformed those of rival and […]
In a letter to US Trade Representative Jamieson Greer, the organisations said maintaining the agreement was critical to preserving integrated North American supply chains.
General Motors (NYSE:GM) faces a class action lawsuit alleging certain vehicles were sold with defective 10 speed automatic transmissions. The company also initiated a major safety recall of ACDelco brake and clutch fluid because of contamination concerns. Both issues raise fresh questions about product quality, potential safety risks for drivers, and future legal and regulatory exposure. For investors tracking NYSE:GM, these developments arrive as the company continues to balance its core...
FSTR surged after a major Q1 earnings beat, strong rail demand and rising backlog fueled optimism for a decade-long breakout.
If you've ever felt like pressing on your brake pedal seemed a lot like stepping on a giant sponge, chances are your vehicle needed some brake and clutch fluid. And if you've recently needed brake fluid and purchased ACDelco brand, this product recall is for you. On Thursday, May 7, the National ...
F is reportedly in advanced talks to sell part of its Valencia plant to Geely, a move that could support a new EV project in Europe.
The filmmaker on his new documentary, ‘The American Revolution,’ and why he steers clear of HBO and Netflix.
With an upside potential of 28.02% as of May 3, General Motors Company (NYSE:GM) is included among the 10 Best Fortune 500 Stocks to Buy According to Analysts. General Motors Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. On April 29, TD Cowen bumped up its target on General Motors Company […]
F's April U.S. sales slide 14% as weak EV, hybrid, truck and SUV demand, plus macro pressures, offset gains in select models like Bronco.
LCID posts wider-than-expected Q1 loss and misses estimates as write-downs, costs and supplier issues hit margins, even as revenues grow and liquidity gets a boost.
Former Detroit Pistons guard Vinnie Johnson is bringing business to the site where he won two NBA Championships
Norm de Greve stepped down as chief marketing officer in 2025 and transitioned to the newly created position of chief growth officer.
Honda Motor (HMC) is pausing its plans to construct an electric vehicle manufacturing facility in Ca