Detroit
GM to invest $4 billion in U.S. plants amid tariffs for Mexican-produced vehicles
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT — General Motors plans to invest $4 billion in three American assembly plants, including moving or increasing production of two Mexican-produced […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT – Ford Motor is set to report its first-quarter earnings after the markets close Monday, but investor focus is expected to be more on the automaker’s 2025 guidance and impact of President Donald Trump’s […]
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GM cutting jobs, idling Canadian electric van plant due to ‘market demand’
Brightdrop EV600 van Source: Brightdrop DETROIT — General Motors is cutting production of its all-electric BrightDrop delivery vans at a plant in Canada and will idle the facility through much of this year. The plant will be reduced from two shifts to one shift — eliminating 500 jobs — after being idled beginning next month […]
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43-year-old American who never plans to return to the U.S. shares her No 1. piece of advice for moving abroad
Take a glance at Nicole Brewer’s finances, and you might not be eager to trade salaries. The 43-year-old Detroit native makes about $40,000 a year teaching English at a university in Nizwa, an ancient city in Oman. Add in side hustle income as a freelance writer and travel agent, and the total for 2024 climbs […]
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WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion bid
The Renaissance Center (complex of skyscrapers with the Chrevrolet sign) in city urban skyline by the Detroit River. Roberto Machado Noa | Lightrocket | Getty Images As cities around the country vie for the next WNBA team, the league quietly filed a trademark application this week for the name “Detroit Shock.” The filing, dated Thursday, […]
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General Motors is set to report earnings before the bell. Here’s what Wall Street expects
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors is set to report fourth-quarter earnings before the bell Tuesday. Here is what Wall Street is expecting, according to average estimates compiled by LSEG: Earnings per share: $1.89 […]
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Ford reveals a special edition of its $325,000 Mustang GTD called ‘Spirit of America’
2025 Mustang GTD Spirit of America Ford DETROIT — Ford Motor on Thursday revealed a special edition of its $325,000 Mustang GTD called “Spirit of America,” a nod to historical jet-propelled cars sharing the same name. The white vehicle features red and blue stripes down its center, matching the overalls that Spirit of America driver […]
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U.S. auto sales next year expected to be best since 2019
A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters DETROIT — U.S. new vehicle sales are expected to rise next year to their highest level since 2019, led by lower interest rates and improving affordability, according to industry analysts. Cox Automotive expects new light-duty vehicle sales to […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT — Ford Motor is set to report its third-quarter earnings after the bell Monday. Here is what Wall Street is expecting, according to average estimates compiled by […]
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GM investor day: Cruise, cash and EV profits top of mind for Wall Street
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — A lot has changed since General Motors’ last investor day two years ago, but one thing that hasn’t […]
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