General Motors Co
Tesla shares slide after it reports first drop in annual deliveries
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles on Oct. 10, 2024. Tesla | Via Reuters Tesla posted its fourth-quarter vehicle production and deliveries report on Thursday. Here are the key numbers: Total deliveries Q4 2024: 495,570 Total production Q4 2024: 459,445 Total annual deliveries 2024: 1,789,226 […]
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Osamu Suzuki, who led Japanese automaker into India, dies at 94
Osamu Suzuki speaks at a news conference in Tokyo, Japan, on Monday, May 10, 2010. Bloomberg | Bloomberg | Getty Images Osamu Suzuki, an ingenious pennypincher who led Japan’s Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94. He died […]
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Waymo dominated U.S. robotaxi market in 2024, but Tesla and Amazon’s Zoox loom
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Despite General Motor’s decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer to a driverless future. For the autonomous vehicle industry, 2024 will be remembered as […]
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Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry
Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg | Getty Images DETROIT — There’s growing concern that President-elect Donald Trump’s plan to impose 25% tariffs on Canadian imports would be an existential threat […]
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Waymo to begin testing in Tokyo, its first international destination
A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Alphabet-owned Waymo announced Monday that it will start testing its autonomous vehicles in Tokyo in early 2025, the company’s first step toward international expansion. Waymo hasn’t committed to start commercial service in Tokyo yet, […]
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From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth. […]
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Trump transition wants to scrap crash reporting requirement opposed by Tesla: Reuters
The remains of a Tesla vehicle are seen after it crashed in The Woodlands, Texas, April 17, 2021, in this still image from video obtained via social media. Video taken April 17, 2021. Scott J. Engle | Via Reuters The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by […]
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Stocks making the biggest moves premarket: Uber, Celsius Holdings, Adobe, Chewy and more
Check out the companies making headlines before the bell. Constellation Energy — The energy stock added 2% following an upgrade to buy from neutral at Bank of America. Analyst Ross Fowler said that the company was in the best position to benefit from upcoming regulatory clarity coupled with increasing demand and tightening supply. This potential […]
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Stocks making the biggest moves midday: Broadcom, GE Vernova, Stitch Fix, GameStop and more
Check out the companies making headlines in midday trading: Broadcom — Shares added 5% following a report from The Information that the semiconductor manufacturer was assisting Apple in creating an artificial intelligence chip. Shares of Apple traded less than 1% higher. C3.ai — The enterprise artificial intelligence software company shed 7.2% following a downgrade to […]
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Stocks making the biggest moves premarket: GameStop, Macy’s, GE Vernova, Duolingo and more
Check out the companies making headlines in premarket trading. Macy’s — The department store chain tumbled 9% after it lowered its fiscal-year forecast. Macy’s now sees adjusted earnings coming in between $2.25 to $2.50, while prior guidance adjusted for delivery expense had estimated a range between $2.34 to $2.69, according to FactSet. GE Vernova — […]
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