General Motors Co
5 things to know before the stock market opens Wednesday
Traders on the floor of the NYSE, Sept. 27, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Looking for a bottom For a while it looked hopeful U.S. stock markets had fallen as far as they could this year. Since June, stocks had been […]
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Ford unveils new F-Series Super Duty trucks designed to boost its commercial, software services businesses
2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. The Detroit automaker on Tuesday revealed its 2023 F-Series Super Duty trucks, a lineup of vehicles ranging from large pickups to commercial […]
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GM delays return-to-office mandate after employee backlash
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 | Reuters DETROIT – General Motors is conducting damage control around its return-to-office plans after a Friday afternoon message […]
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Qualcomm’s first auto investor day offers signs the industry is embracing its tech platform
We think Qualcomm delivered with its first-ever automotive investor day. Source
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GM to close reservations for electric Hummer pickup, SUV after topping 90,000
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 – General Motors will close reservations for its electric […]
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Stocks producing the most significant moves midday: Change Health care, Ford, PayPal, Humana and more
In this posting GM F LVS NVAX MRNA BNTX Ford Motor Firm’s electric F-150 Lightning on the manufacturing line at their Rouge Electric Motor vehicle Centre in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images Test out the organizations creating headlines in midday investing Tuesday. Transform Healthcare – Shares of […]
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GM to sell up to 175,000 electric vehicles to Hertz through 2027
2024 Chevrolet Blazer SS EV GM General Motors has agreed to sell up to 175,000 electric vehicles to Hertz Global over the next five years, the companies announced Tuesday. The deal calls for GM to start supplying electric vehicles such as the Chevrolet Bolt EV and Bolt EUV to the rental car giant starting the […]
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Ford warns investors of an extra $1 billion in supply chain costs during the third quarter
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain issues. Ford said supply problems have resulted in parts shortages affecting roughly 40,000 to 45,000 vehicles, primarily high-margin trucks […]
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Stocks making the biggest moves after hours: Ford, General Motors, Cognex
A Ford Bronco vehicle on a demonstrative course during the Motor Bella Auto Show in Pontiac, Michigan, U.S. on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Images Here are the stocks making notable moves in extended trading: Ford — Shares fell about 3.8% post market Monday after the automaker told investors it […]
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Why Ford is keeping its Mustang gas-powered even with its EV push
Ford Chair Bill Ford and President and CEO Jim Farley converse in front of newly revealed Mustang Dark Horse at The Stampede in downtown Detroit on Sept. 14, 2022. Ford DETROIT – Ford Motor CEO Jim Farley was in his element Wednesday night, surrounded by gearheads and the automaker’s new 2024 Mustang models, including a […]
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