Detroit
Tesla gains in 2026 Consumer Reports’ auto brand rankings
Refreshed versions of the Tesla Model Y are shown outside a Tesla store in San Diego, California, U.S. October 21, 2025. Mike Blake | Reuters DETROIT — U.S. electric vehicle sales leader Tesla made notable strides in Consumer Reports’ influential annual auto brand rankings, cracking the top 10 overall for the U.S. The EV manufacturer […]
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GM’s new ‘Silicon Valley cowboy’ eyes technology renaissance for automaker
GM Chief Product Officer Sterling Anderson during the automaker’s “GM Forward” event on Oct. 22, 2025 in New York City. GM DETROIT — General Motors’ newest product and technology executive has said he thinks of the Detroit automaker as a canvas. One that can be curated, retouched or even torn apart. After roughly six months […]
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GM lays off more than 1,700 at sites in Michigan, Ohio, citing EV challenges
The Ultium Cell factory in Warren, Ohio, is shown, July 7, 2023. Gene J. Puskar | AP General Motors laid off roughly 1,700 workers at manufacturing sites in Michigan and Ohio on Wednesday, citing a slowdown in the electric vehicle market. The company confirmed there were around 1,200 layoffs at Detroit’s electric vehicle plant and 550 cuts […]
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Stocks making the biggest moves midday: Ford Motor, Alphabet, Alaska Air, Coinbase, Boston Beer and more
Check out the companies making headlines in midday trading. Ford Motor — The Detroit automaker surged 10.7% following its third-quarter earnings beat . Ford’s adjusted earnings of 45 cents per share topped the 36 cents expected from analysts polled by LSEG. Revenue came in at $47.19 billion, versus the $43.08 billion consensus estimate. Alphabet — […]
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GM lays off more than 200 salaried workers in latest round of job cuts
The headquaters of US auto company General Motos (GM) in Detroit, Michigan. Uli Deck | Picture Alliance | Getty Images DETROIT – General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits. The impacted employees were largely Computer-Aided Design, or […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT – Ford Motor is set to announce third-quarter earnings after the markets close Thursday. Here’s what Wall Street expects, based on average analysts’ estimates compiled by LSEG: Earnings per share: 36 cents […]
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GM to take $1.6 billion charge related to EV pullback
A Chevrolet Silverado EV and a Chevrolet Brightdrop, which is assembled in Canada, are seen on display at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2025. Carlos Osorio | Reuters DETROIT — General Motors’ third-quarter results next week will include a $1.6 billion impact from its all-electric vehicle plans not playing out […]
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Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.
US President Donald Trump (R) and Apple CEO Tim Cook (2nd L), with Senior Advisor to the President Ivanka Trump (L) and Treasury Secretary Steven Mnuchin, tour the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019. Mandel Ngan | AFP | Getty Images Faced with intensifying […]
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Trade court won’t reinstate tariff exemption on low-value ‘de minimis’ shipments, for now
U.S. President Donald Trump and British Prime Minister Keir Starmer (not pictured) hold a bilateral meeting at Trump Turnberry golf course in Turnberry, Scotland, Britain, July 28, 2025. Evelyn Hockstein | Reuters A federal trade court on Monday declined, for now, to block President Donald Trump’s decision to end a longstanding tariff exemption for low-value […]
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GM expands production of gas-powered SUV, trucks in Michigan
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 General Motors said Tuesday it will move production of a gas-powered SUV to an assembly plant in Michigan and add manufacturing of […]
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