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Battery maker's quarterly profit missed forecasts despite 25% revenue growth as EV weakness offset rising ESS demand.

General Motors will leverage Micron's memory expertise for vehicle production.

Micron Technology and Ford Motor on Monday signed a long-term agreement to ‌secure the supply for memory and storage ‌platforms used in the automaker's next-generation vehicle production. This comes days after ​Micron's similar agreement with General Motors, as part of the chipmaker's ongoing investments to expand manufacturing in the United States for automotive customers, including its expansion ‌of advanced DRAM production ⁠in Virginia. DRAM, or dynamic random-access memory, is a critical component for servers ⁠that power cloud computing, databases and AI workloads.

Eni’s stake gives it the rights to up to a quarter of future lithium production from the Black Giant project.

General Motors (GM) may have retained the top spot in U.S. auto sales for the second quarter, but it still saw a 4.2% year-over-year decline and an especially sharp drop in EV sales. The automaker pointed to a shrinking EV market and economic uncertainty as key factors for the overall decline. At ...

July 1 () - Micron Technology and General Motors ‌have signed a ‌supply agreement for memory and storage ​platforms used in vehicle production, the companies said on Wednesday. The agreement comes ‌at ⁠a time when automakers are looking to ⁠bolster their semiconductor supply chains to help with ​growing computing ​needs ​on modern ‌vehicles.

By David Lawder WASHINGTON, June 30 (Reuters) - U.S.

(Bloomberg) -- The sweeping tariffs underpinning President Donald Trump’s economic policy may have gone from a headwind to a tailwind for the stock market, with the Supreme Court’s decision to unwind them setting the stage for a potential earnings boon for some companies.Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boos

The GM- and Tencent-backed autonomous-driving firm is seeking a nearly $9 billion valuation.

The GM- and Tencent-backed firm plans to use about 60% of proceeds to fund R&D, including AI computing and data storage

General Motors will release its second-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.

Tesla's (TSLA) Model 3 and Model Y lead Cars.com's "American-made Index" for the sixth year in a row. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the details.

Last month, during the company’s earnings call, GM CEO Mary Barra updated the world on the company’s autonomous driving ambitions. General Motors is working on eyes-off, hands-off self-driving technology that will launch in 2028 on the Cadillac Escalade IQ. Such a breakthrough would put it ahead of ...

The company develops technology it describes as the “brain” for autonomous vehicles. It sells driving assistance systems to carmakers.

The first generation of mass-market electric pickups ended in financial disaster. As automakers try again with smaller designs, consumers are right to ask what will be different this time. The answer? Almost everything.

General Motors (GM) has installed new collaborative robots—known as “cobots”—at its Detroit-Hamtramck Factory Zero plant to modernize production, but the move comes at the same facility where it has already laid off 1,000 workers. GM claims the cobots will improve worker ergonomics, but ...

Momenta’s valuation has reached around $9 billion as it gears up to list in Hong Kong, people familiar with the matter said.

(Bloomberg) -- Investors looking for the stock market’s next artificial intelligence winner have honed in on embattled French car parts maker Valeo SE.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealUS and Iran Delay Nuclear Talks as Lebanon Clashes WorsenUS Tells ASML It’s Concerned China May Have Top Chip ToolShares in Valeo, which makes engin

The biggest IPOS in U.S. history include a major chipmaker, a ride-hailing firm and a handful of global telecoms.

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.

By Streisand Neto LONDON, June 18 (Reuters) - Electric vehicle giant BYD is interested in getting involved with the Formula One motor racing circuit as it aims to boost its brand outside its home market of China, where it already has a strong foothold. However, becoming F1’s first Chinese outfit ‌would be expensive and linking up with an existing team poses challenges, so a sponsorship-based approach might provide an easier pathway into the sport.

Investing.com -- President Donald Trump expressed approval of Canada's agreement with China that limits Chinese electric vehicle imports through a quota system with reduced tariffs, Canadian Prime Minister Mark Carney said Wednesday at the Group of Seven leaders summit in Evian, France.

GM revealed its next-generation 2027 Chevrolet Silverado pickup, calling it the most powerful and advanced Silverado ever — and rolling it out just as crosstown rival Ford struggles to keep its bestselling F-150 on dealer lots.

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.

Investing.com-- General Motors (NYSE:GM) is in talks with Lockheed Martin (NYSE:LMT) to manufacture components for the defense contractor’s weapons systems, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

The automaker seeks to grow its defense subsidiary as the U.S. aims to replenish munitions supplies.

Some of the largest companies in Tennessee or with state ties are seeking billions in tariff refunds from the government, but will customers see any money?

General Motors' (GM) energy storage business is underappreciated by investors, while its US tariff e

General Motors is considering using an unproven, but possibly more powerful, battery technology for its electric vehicles. The stock is up on Thursday.

Unionized workers at a Michigan plant producing a key component for General Motors trucks have reached a tentative agreement for a new labor contract following a 10-day strike. “After 18 years of sacrifice, these workers are finally winning back a big chunk of what was taken from them,” United Auto Workers union President Shawn Fain said. The deal between the UAW and Dauch Corp., formerly known as American Axle means workers could soon return to the Three Rivers, Mich., factory where they produce axles for GM’s heavy-duty pickups, the Chevrolet Silverado and the GMC Sierra.