General Motors Co
These stocks are bargains even as the S&P 500 rallies to file highs
Traders can continue to obtain discounts even as stocks climb to contemporary all-time highs . Each the S & P 500 and the Dow Jones Industrial Regular arrive at new information on Friday, surpassing former highs notched just a working day previously. The two benchmarks ended up also on tempo for robust weekly gains. A […]
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Ford, UAW reach local labor deal to avert strike at Kentucky plant
Ford Super Duty trucks are seen at the Kentucky Truck assembly plant in Louisville, Kentucky, U.S., April 27, 2023. Joe White | Reuters Ford and a United Auto Workers local union reached a tentative deal on Wednesday to avert a strike at the automaker’s most profitable plant. The UAW had threatened that nearly 9,000 workers […]
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Biden administration to reportedly rest EV rule on tailpipe emissions
U.S. President Joe Biden solutions questions from reporters soon after driving a Jeep Wrangler Rubicon Xe around the White Residence driveway following remarks in the course of an celebration on the South Lawn of the White Dwelling August 5, 2021 in Washington, DC. Biden shipped remarks on the administration’s efforts to fortify American leadership on […]
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Companies — profitable or not — make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker […]
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UAW threatens to strike Ford truck plant in Kentucky if local issues aren't resolved
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers is threatening a labor strike at Ford Motor’s largest U.S. plant if local union demands aren’t resolved by next week. The Detroit union on Friday […]
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Jeep, Dodge-maker Stellantis' income slides as Detroit 3 strikes chunk
(L-R) United Car Staff (U.A.W.) users Kaleb Delfine, Bryan Broecker, Michael Gatto and James Triplett picket outdoors the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Illustrations or photos Global automobile large Stellantis on Thursday described a 10% year-on-12 months slide in gain in the 2nd 50 percent of 2023, […]
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Waymo difficulties a voluntary recall on its self-driving vehicle software package
A Waymo rider-only robotaxi is witnessed during a test experience in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Waymo has submitted a voluntary remember notice with federal auto basic safety regulators for software program that was earlier made use of in their driverless cars, the corporation declared Tuesday, marking a initially for […]
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GM to spend $19 billion through 2035 to source EV battery materials from LG Chem
2025 Cadillac Escalade IQ GM DETROIT – General Motors plans to spend $19 billion over roughly the next decade through a new supplier deal to source critical materials for use in electric vehicle batteries from LG Chem, the companies said Wednesday. The long-term supplier contract will see LG Chem supply GM with more than 500,000 […]
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Ford Motor is set to report earnings after the bell. Here's what Wall Street expects
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT — Ford Motor is announcing fourth-quarter and 2023 earnings after the markets close Tuesday. Here’s what Wall Street expects, based on average analysts’ fourth-quarter estimates compiled by LSEG, formerly […]
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Ford's hybrid vehicle sales surge to offset EV decline in January
The 2022 Ford Maverick. Ford DETROIT — Ford Motor started the year with a slight increase in sales, as a large jump in hybrid vehicles offset an 11% decline in all-electric cars and trucks. The Detroit automaker on Friday reported sales rose 4.3% last month from January 2023, led by a 43% jump in hybrid […]
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