
General Motors has reached a supply chain agreement with Procura Auto Parts worth $4.5 billion, led by JPMorgan Chase and Banco Santander.
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General Motors has reached a supply chain agreement with Procura Auto Parts worth $4.5 billion, led by JPMorgan Chase and Banco Santander.

Tesla's earnings just delivered a brutal profit shock, yet one of Wall Street's loudest voices is calling for 80% gains from here. The bull and bear cases could not be further apart, and the gap reveals everything about what this stock has become.

Tesla's stock has cratered 26% this year while rivals circle, but a fresh wave of data from the world's largest car market suggests the company's fortunes may be shifting faster than Wall Street expected.

GM is exiting its Indiana battery JV with Samsung SDI as weaker EV demand prompts a pullback in battery investments.

General Motors' $4.5B parts plan aims to shield production from supply shocks by securing critical inventory ahead of potential disruptions.
Every year, Yahoo Finance attends Monterey Car Week, and it keeps getting bigger and bigger — and not without some controversy.

The automaker will issue formal payment promises to a third-party firm, which will advance funds to select suppliers on GM's behalf

Procura Auto Parts, a firm specialising in inventory management and component sourcing, will serve as paying agent under the deal.

Automakers are fairly stable in pre-market trading as traders are waiting on the CPI figures. At this point, the markets are waiting to get a read on inflation as well.

LOGISTICS REPORT NEWSLETTER General Motors is setting up a $4.5 billion safety net designed to keep critical components flowing through supply-chain troubles, The Wall Street Journal’s Sharon Terlep writes.
With the automaker’s divestment, the facility will become the battery maker’s first wholly owned factory in North America.
Consolidated revenue surges 19.2% YoY to INR 370 crores, driven by a landmark US production order and a 34% jump in industrial business.

General Motors and SAIC Motor have extended their SAIC-GM joint venture in China by 20 years to 2047, committing to launch at least 30 new energy vehicles by 2030 and to use China-developed technologies for both domestic and overseas markets. This shift from one-way technology transfer to “local innovation and global sharing” positions GM to tap China’s electric vehicle supply chain and engineering base as a key pillar of its worldwide product and technology roadmap. Next, we’ll examine how...

General Motors stung in recent years by critical parts shortages, is setting up a $4.5 billion safety net designed to keep critical components flowing through supply-chain troubles. The automaker aims to avoid future parts crunches by securing supplies of high-risk components through a financing arrangement where it pre-funds the purchase of essential parts. The move, which GM disclosed Tuesday in a regulatory filing, aims to give suppliers enough capital to maintain production and potentially stockpile parts.

General Motors sold its stake in an Indiana EV battery plant to South Korea's Samsung SDI amid sluggish demand for electric cars. GM stock offered a trendline entry on Tuesday. Ford stock and Tesla stock also gained below key levels.
Samsung SDI takes full ownership of the Indiana plant as EV demand disappoints
GPI misses Q2 estimates as lower vehicle volumes pressure sales and margins, while acquisitions reshape its dealership portfolio.
The plant, under construction in New Carlisle, Indiana, is being built under a JV arrangement reached in May 2023.
The South Korean battery maker said it would use the Indiana plant to make batteries for energy storage systems and other high-tech applications.
Aug 11 () - South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture agreement with General Motors in Indiana and acquire the U.99% stake, citing weaker-than-expected electric vehicle demand.
Though the earnings cycle is winding down, Palantir (PLTR), General Motors (GM), and Bloom Energy (BE) have been nice standouts so far in the Q2 earnings season, all raising guidance.
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SAIC-GM will increase focus on the Buick and Cadillac brands and plan to launch at least 30 new energy vehicles in the China market by 2030.
MP Materials (NYSE:MP) reported second-quarter 2026 revenue and PPA income of $126.1 million, more than double the prior-year period, as sales volumes of neodymium-praseodymium, or NdPr, increased 127% year over year. Consolidated adjusted EBITDA was $28.5 million, improving by $41 million from a ye
General Motors (NYSE:GM) and SAIC Motor renewed their China joint venture for another 20 years, with a focus on new energy vehicles and global exports. The partners plan to launch at least 30 new energy vehicle models and build out GM's premium Electra sub brand from China. The renewed agreement shifts GM's China role toward local R&D, two way technology sharing, and positioning China as an export hub for next generation EVs. General Motors is only one example of how large automakers and...
Aspen Aerogels (NYSE:ASPN) said it expects a sharp sequential increase in revenue and adjusted EBITDA in the third quarter, supported by energy-industrial project deliveries, rising General Motors EV production and expanding European demand for its PyroThin thermal barriers. The company forecast th
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