General Motors Co
Tesla demand in focus after Trump policies lead GM, Ford to retreat from EV ambitions
President Donald Trump holds a news conference with Elon Musk to mark the end of the Tesla CEO’s tenure as a special government employee overseeing the U.S. DOGE Service on Friday May 30, 2025 in the Oval Office of the White House in Washington. Tom Brenner | The Washington Post | Getty Images General Motors’ […]
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Stocks making the biggest moves premarket: JPMorgan Chase, Goldman Sachs, General Motors, Energy Fuels and more
Check out the companies making headlines before the stock market’s opening bell: JPMorgan Chase — Shares ticked higher by 0.2% after JPMorgan Chase results topped analyst estimates ; trading revenue hit a record of nearly $9 billion. Goldman Sachs — The investment bank fell 0.3% after Goldman exceeded Wall Street estimates on better-than-expected investment banking […]
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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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Detroit auto stocks jump on report of tariff relief for U.S. vehicles
Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – Shares of the Detroit automakers closed higher Friday […]
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Tesla, GM lead record U.S. EV sales this year as federal incentives end
A Tesla Cybertruck and GMC Sierra Denali EV First Edition next to one another. Michael Wayland | CNBC DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase […]
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Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns
Jim Farley, president and chief executive officer of Ford Motor Co., at Ford Pro Accelerate in Detroit, Michigan, US, on Tuesday, Sept. 30, 2025. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — “A lot of surprises.” That’s how Ford Motor CEO Jim Farley described his past five years leading the Detroit automaker, which he […]
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Lithium Americas stock pops 35% as government takes a stake to boost Nevada project
In windswept, remote Thacker Pass in the far northern reaches of Nevada permits approved for a massive lithium mine, proposed by Lithium Americas Corp., are drawing impassioned protest from the local indigenous population, ranchers, and environmentalists. Carolyn Cole | Los Angeles Times | Getty Images Shares of Lithium Americas popped more than 35% in extended […]
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What’s the ‘natural demand’ for EVs in the U.S.? We’re about to find out
A view of Cadillac Escalade IQ Sport 2 at Electrify Expo San Francisco, the largest electric vehicles (EV) event in North America at Alameda Point in Alameda, California, United States on Aug. 23, 2025. Tayfun Coskun | Anadolu | Getty Images DETROIT — Automakers and investors are about to find out what the “natural demand” […]
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New car sales get surprising boost, for now, as consumers fear tariffs and higher prices
GMC SUVs parked outside a GMC Buick dealership in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty Images DETROIT — Uncertainty surrounding U.S. regulations on tariffs, electric vehicles and other auto-related issues have given new car sales a surprising boost heading into the fourth quarter, according to a new industry […]
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Ford offers special financing to riskier F-150 buyers with lower credit scores
Ford-150 pickup trucks are displayed for sale at a dealership on March 24, 2025 in Austin, Texas. Brandon Bell | Getty Images DETROIT — Ford Motor is trying to boost sales of its crucial F-150 pickup truck before the end of the third quarter by offering special financing to consumers with less-than-perfect credit ratings. The […]
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