The ongoing slump in the demand for passenger vehicles weighed on the performance of General Motors (GM) in the first quarter. Vehicle
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Advantage Tesla: GM won’t slash Chevy Bolt’s price to balance tax credit cut
Last year, General Motors (NYSE: GM) became the second company after Tesla (NASDAQ: TSLA) to touch the threshold of electric vehicle sales
GM to begin production cut this week with closure of Ohio plant
The restructuring program kicked off by General Motors (GM) recently has reached a crucial phase, with the company doing preparations to end
Kandi Technologies adds to America’s EV lineup, shares jump 40%
Making a late entry into the highly competitive US electric vehicle market is Chinese firm Kandi Technologies (KNDI). The Zhejiang-based firm said
Amazon invests in self-driving startup Aurora amid efforts to cut delivery cost
Amazon (AMZN) has been deepening its presence in the transportation sector, after launching its own logistics service last year in a market dominated
Cardinal Health stock surges above 6% on Q2 earnings beat
Cardinal Health (NYSE: CAH) reported better-than-expected Q2 results primarily driven by better performance from the Pharmaceutical division. The company’s stock jumped above
Strong Q4 earnings send General Motors stock northwards
General Motors (GM) Wednesday reported fourth-quarter adjusted earnings of $1.43 per share, much higher than $1.21 per share projected by analysts, driven
General Motors looks to invest billions of dollars in Brazil from 2020 to 2024
On Saturday, auto-giant General Motors (GM) announced that it was negotiating the "feasibility" of investing about $2.73 billion (10 billion reais) in
Earnings Ahead: Google, Disney, EA, GM and Twitter on lineup
The five major companies reporting earnings this week are Alphabet Inc. (GOOGL), The Walt Disney Co. (DIS), Electronic Arts Inc. (EA), General
Earnings Preview: A bumpy ride ahead for Ford in 2019
Ford Motor Company (NYSE: F) is slated to report its fourth-quarter results on January 23 after the bell. The automaker this week
GM to take on Tesla in the EV market with Cadillac brand
Cadillac will be General Motors’ (GM) flagship brand for electric vehicles, the company announced in a press release on Friday. This comes
GM’s bullish view on restructuring, profitability sends stock soaring
In an indication that the ongoing restructuring program is progressing as planned, General Motors (GM) Friday released a bullish outlook for 2019.
Ford announces major restructuring and job cuts in Europe
If it was GM last year, this year it is Ford. Ford Motor Company (F) is said to be planning a major
Tesla fast-tracks China program with plans to start delivery in March
After making a noticeable impact on the American passenger vehicle market last year, Tesla (TSLA) seems to be taking forward its ambitious
Fiat Chrysler sees best US retail sales in 17 years, with Jeep and Dodge breaking sales records
FCA US LLC, the US wing of Fiat Chrysler Automobiles N.V., on Thursday posted retail sales of 2018 — the highest in
2019 looks to be a challenging year for automobile manufacturers
It was a mixed bag for the automotive industry so far this year, with the record high sales witnessed in the early
A look at sales trends and forecasts in the US automobile industry
A report by the National Automobile Dealers Association (NADA) has forecasted that the sales of new cars and light trucks in 2019
A look at some of SoftBank’s major investments
SoftBank Group Corp. is renowned for its lucrative portfolio of investments. Here are some of the major stakes picked up by the
Roadblock ahead as automakers bank on SUV boom to stay afloat
Sales of passenger cars dropped sharply in the US market last month, while shipments of SUVs and pickup trucks increased. Though the
Fiat comes to Detroit just as GM plans to leave
Fiat Chrysler Automobiles NV (FCAU) is planning to reopen one of its factories in Detroit to build its Jeep Grand Cherokee SUVs.
A quick look at analyst recommendations on Tesla (TSLA) stock
Though analysts, in general, remain skeptic about the health of Tesla Motors (TSLA), the recent operational improvements in production and the stock