Billionaire Dan Gilbert plans to create new housing, a park and an entertainment district on the city’s waterfront.
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SoundHound AI has built something rare in the voice-AI space: a platform that major automakers, restaurant chains, banks, and smart TV brands all depend on. Now, with shares down sharply and a transformative merger pending, several trillion-dollar companies have real reasons to consider writing a check.
US demand for petrol trucks and big SUVs helped boost profits at Detroit carmakers, drawing a dividing line with European groups battling declining...
Ford Motor and General Motors are looking beyond cars. In May, Ford’s shares surged as much as 45%, adding nearly $23 billion of market value, in the weeks after it formally announced Ford Energy, a grid-scale battery-storage business that will serve the power needs of artificial-intelligence hyperscalers and utilities. Its shares have since moderated, but are still up more than 20% since the Ford Energy launch.
President Donald Trump said that his administration’s newly imposed U.S. tariffs are effectively the same as the tariffs the Supreme Court ruled illegal earlier this year. On Tuesday, in an interview with Fox News, Trump said, "It’s a shame that...
DETROIT, July 30 (Reuters) - Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers. Before the pandemic, leasing accounted for around 30% of the U.
Ram, Jeep, and Fiat parent company Stellantis will report second quarter and first half results on Thursday morning, with the success of CEO Antonio Filosa's turnaround plan clearly in focus.
Asbury beats on Q2 earnings as used-vehicle profitability offsets weaker new-car margins, even though revenues miss estimates.
Ford announced an operating profit of $2.5 billion from sales of $48.3 billion. Things look OK for the U.S. car business.
The Michigan governor’s office estimates that the taxes have cost every family in the automaking state an average of $1,000 per year.
PCAR beats Q2 earnings estimates as higher truck profitability and record parts revenues offset softer sales.
Trump stood before autoworkers at a GM proving ground and promised his tariffs had revived American manufacturing, but Michigan employment data from the same period tells a sharply different story about who is actually paying the price.
(Bloomberg) -- President Donald Trump championed his economic agenda, including tariffs and the rolling back of environmental regulations, saying they had revived US auto manufacturing, during a visit to a General Motors Co. facility in the midterm battleground of Michigan.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsNvidia’s $750 Billion in Deals Reignite Circular AI FearsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapChina Chipmaker CXMT Jumps 4
Automotive giant Ford Motor Company (NYSE:F) looks to keep momentum going when the company reports second-quarter financial results Tuesday after market close. Here are the earnings estimates, analyst ratings and key items to watch. Ford Q2 Earnings Estimates Analysts expect Ford to report second-quarter revenuer of $45.26 billion, down from $46.94 billion in last year’s second quarter, according to data from Benzinga Pro. The company has beaten analyst estimates for revenue in five straight qua
Big Three automaker Ford is on deck to report second quarter results, with investors focused on whether management follows rival General Motors in lifting its full-year outlook, and on how deep the softness in electric-vehicle demand runs across the lineup.
Investing.com -- Jefferies upgraded both Ford Motor and General Motors to Buy from Hold, arguing that improving U.S. auto market conditions, stronger capital allocation and easing legacy cost pressures position both automakers for higher earnings and cash generation over the next two years.
Barclays senior autos analyst Dan Levy joins Market Domination to discuss General Motors (GM ) latest earnings, what the automaker's results reveal about the broader auto market, and how tariffs could affect vehicle sales and the industry's outlook.
Ford reports Q2 earnings on July 28 carrying a combination of attributes rarely seen together in a major automaker, yet the market seems to be looking the other way. Here is what the bulls are watching heading into that report.
The steel producer’s earnings are expected to more than double in the coming months as steel prices continue to climb and supplies remain tight as a result of tariffs.
IBM says it’s acquiring HRL Laboratories to accelerate its roadmap in fault-tolerant quantum computing. But does that warrant buying IBM shares today?
General Motors shares are on a heater this week after the automaker reported second-quarter results ahead of expectations and raised its full-year guidance. Despite formidable headwinds, including tariffs and rising gas prices, GM reported a 30% increase in profits year over year. GM's ...
GM lifts its 2026 outlook as stronger pricing, trucks, software growth and lower EV losses shape a better 2027.
The automaker also cited cost pressures tied to inflation and the manufacturing expenses related to onshoring more production to the U.S. for the decline in Q2 profit.
Revenue climbed 1.9% year-on-year, while adjusted EBIT grew 29.8% to $3.94bn, pushing the adjusted EBIT margin up to 8.2% from 6.4%.
After a fraught relationship during the president’s first term, GM’s latest pivots are boosting revenue.
General Motors Co (GM) reports robust earnings with increased EBIT margins and raised guidance, despite facing EV restructuring charges and market share declines.
MEXICO CITY, July 21 (Reuters) - U. and Mexican trade negotiators launched a third round of bilateral talks on Tuesday to try to revise the North American trade agreement, just as President Donald Trump said he would impose new duties on Canada.