General Motors Co
These companies reporting next week have earnings momentum on their side
A few companies that are reporting quarterly results next week could see their shares rise, including General Motors and Charter Communications . Earnings season ramps up next week, as 98 companies in the S & P 500 — or around 20% of the benchmark — are slated to share their most recent quarterly earnings. Telecom […]
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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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GM, LG to upgrade Tennessee plant to make low-cost EV batteries
Ultium Cells Spring Hill, TN. September 2022. Courtesy: Ultium Cells LLC Ultium Cells, a joint venture between General Motors and LG Energy Solution, said Monday it’s upgrading its facility in Spring Hill, Tennessee, to make low-cost electric vehicle battery cells. GM said the lithium iron phosphate battery cells — abbreviated LFP based on the elements’ […]
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Inside the trade war’s tariff hideouts, ‘foreign’ zones and bonded warehouses
To offset the rising costs of tariffs and trade war uncertainty, companies are using U.S. Customs-sanctioned foreign trade zones (FTZs) and bonded warehouses to delay or reduce product taxes. FTZs have a long history dating back to a previous period of trade conflict, created during the Great Depression by Congress to encourage international trade and […]
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Ford sales jump 14% in the second quarter, well above industry forecast
Ford sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry increase, the automaker said Tuesday. New vehicle sales for the second quarter totaled 612,095, led in part by gains in its F-Series trucks and “electrified” vehicles, which includes hybrids and EVs. F-Series trucks saw their best […]
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Hemi V-8 engines and mechanical bull rides: Inside Stellantis’ plan to revive its Ram Trucks brand after yearslong sales declines
Stellantis’ Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC AUBURN HILLS, Mich. — Ram CEO Tim Kuniskis reemerged from a seven-month retirement late last year saying he “missed the fight” and admitting the Stellantis brand was getting smashed in the marketplace by its competition. […]
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New Stellantis CEO faces slew of challenges, vows to avoid ‘mediocrity’
Incoming Stellantis CEO Antonio Filosa, head of the company’s Americas operations, greets a Windsor Assembly Plant employee during an event celebrating Chrysler’s 100th anniversary on June 6, 2025. Stellantis DETROIT — “Mediocrity is not worth the trip.” That was part of incoming Stellantis CEO Antonio Filosa’s first public message after being named to lead the […]
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Stellantis’ Ram brand to offer industry-leading pickup truck warranty as part of turnaround plan
Dodge Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year as part of an 18-month turnaround plan for the Stellantis-owned brand. The warranty covers the engine, transmission, transfer […]
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GM unveils quickest Corvette ever with ZR1X ‘hypercar’ going 0-60 mph in less than two seconds
2026 Chevrolet Corvette ZR1X with Carbon Aero package GM DETROIT — General Motors is once again expanding its Corvette lineup with a new high-performance, hybrid variant of the quintessential American sports car. The Detroit automaker on Tuesday revealed the 2026 Chevrolet Corvette ZR1X “hypercar” — a souped-up version of the Corvette E-Ray hybrid that went […]
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Watch live: Trump signs resolutions to roll back California’s EV plans
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump on Thursday is signing three congressional resolutions that target California’s statewide efforts to adopt electric vehicles and phase out diesel engines and the sale of gas-powered cars […]
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