General Motors Co
Why you won’t see many car ads during Sunday’s Super Bowl
Automakers – historically among the largest Super Bowl advertisers – are mostly bypassing this Sunday’s NFL championship game to preserve cash or spend ad dollars elsewhere. The only automakers expected to advertise during Sunday’s game between the Philadelphia Eagles and Kansas City Chiefs on Fox are General Motors, Kia and Stellantis‘ Ram and Jeep brands. […]
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General Motors signs deal with GlobalFoundries for exclusive U.S. semiconductor production
The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of U.S.-produced semiconductor chips, the companies announced Thursday. The deal, which they’re […]
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Electric vehicle stocks roar again to life in 2023 — Wall Street’s most loved performs from listed here
Points are hunting up for electric-car stocks this 12 months. In addition to Tesla ‘s comeback following a dismal 2022, shares names these kinds of as ChargePoint Holdings and Rivian Automotive have also rebounded. The iShares Self-Driving EV and Tech ETF , which missing almost 38% past yr, is up 23% so much in 2023. […]
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Biden administration expands EV tax credits in boost for Tesla, Cadillac, others
A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT – The U.S. Treasury said Friday it is changing its definition of an “SUV” to make more electric vehicles from […]
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Cramer’s lightning round: I want to own Sherwin-Williams
Sherwin-Williams Co: “I want to own it. I’ll tell you why. Everything that they could possibly say negative about it is out there. I want to come out with a more positive thesis.” XPO Inc: “Let’s wait for it to come down a little.” Upstart Holdings Inc: “Right now, this is a coiled spring, even […]
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Stocks making the biggest moves midday: GM, McDonald’s, UPS, Pulte, International Paper and more
In this article LRCX PNT-FF IP PHM UPS MCD AOS PARA CAT Follow your favorite stocksCREATE FREE ACCOUNT General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook | […]
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Stocks making the biggest moves premarket: McDonald’s, UPS, General Motors and more
In this article IP XOM GM CAT Follow your favorite stocksCREATE FREE ACCOUNT Nathan Stirk | Getty Images News | Getty Images Check out the companies making headlines before the bell. McDonald’s — Shares dipped more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped earnings and revenue estimates, saying […]
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GM, LG end plans for fourth U.S. battery cell plant as automaker seeks new partner
GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. GM DETROIT – General Motors and LG Energy Solution have indefinitely shelved plans to build a fourth battery cell […]
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GM to invest $918 million in new V-8 gas engines and EV components
Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images FLINT, Mich. — General Motors plans to invest nearly $1 billion in four U.S. plants to support production of components for electric vehicles as […]
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Why GM’s new Chevy Corvette is a hybrid and not an all-electric car
DETROIT – General Motors’ future may be in all-electric vehicles, but it still needs its current models to pay the bills to allow it to invest in those new products. That’s one of the reasons why the automaker on Tuesday revealed the 2024 Chevrolet Corvette E-Ray – the first-ever “electrified,” or hybrid, version of the […]
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