GM’s Mary Barra pushes back against autonomous vehicles doubters
General Motors (NYSE:GM) CEO Mary Barra spoke at a Sanford Bernstein conference Friday where she doubled down on her confidence that the company will experience significant growth...
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Exclusive-Stellantis, GM pay $363 million in US fuel economy penalties
By David Shepardson WASHINGTON (Reuters) -Chrysler parent Stellantis and General Motors (NYSE:GM) paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy...
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Stellantis and General Motors hit with $363M in penalties for fuel economy violations
An exclusive story by Reuters on Friday revealed that Stellantis (NYSE:STLA) and General Motors (NYSE:GM) have paid a combined sum of $363 million in civil penalties. These penalties were...
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Tesla’s price cuts drive online traffic spike
Citi has recently revised their "mindshare" tracker for electric vehicles (EVs), which keeps tabs on web traffic related to EVs. This tracker evaluates the level of engagement on websites...
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GM and POSCO Future M to Expand EV Battery Supply Chain in North America with New Integrated CAM and Precursor Processing Complex
General Motors Co (NYSE:GM). (GM) and POSCO Future M announced today the second phase of their Ultium CAM joint venture, an investment projected to exceed $1 billion (U.S.) to increase...
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California, New York pension systems vote against Toyota chairman re-election
By David Dolan and Daniel Leussink TOKYO (Reuters) - Two of the largest U.S. public pension systems have voted against the re-election of Toyota Motor Corp (TYO:7203) chairman Akio Toyoda,...
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Stock market today: Dow ends down as retailers weigh; House debt-ceiling vote eyed
Investing.com -- The Dow slipped Wednesday, pressured by a retail-led plunge in consumer stocks and weakness in tech just as investors eagerly await the outcome of a key vote on the...
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General Motors to build key components for E-Cite Motors’ EV-GT
E-Cite Motors, a privately owned subsidiary of VaporBrands (OTC:VAPR), revealed Wednesday that General Motors (NYSE:GM) would be responsible for producing crucial components for their...
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Insider trades & hedge fund moves: Carl Icahn tosses out Illumina chair
By Davit KirakosyanHere is your Pro Recap of the biggest insider trades and hedge fund actions you may have missed this week: news out of |Carl Icahn and Illumina, and top brass buys at...
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Ford, Tesla shares jump over 7% on Superchargers deal
By Shivansh Tiwary and David Shepardson (Reuters) -Ford Motor Co shares jumped by more than 7% on Friday after the No. 2 U.S. automaker announced a deal allowing its electric-vehicle owners...
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Hyundai Motor Group, LG Energy to build $4.3 billion EV battery plant in US
By Hyunsu Yim and Ju-min Park SEOUL (Reuters) -South Korea's Hyundai Motor Group and LG Energy Solution Ltd (LGES) on Friday said they will build a $4.3 billion electric vehicle (EV)...
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Ford CEO says China main EV rival, not GM, Toyota
By David Shepardson(Reuters) - Ford Motor (NYSE:F) Co CEO Jim Farley said on Thursday Chinese electric vehicle makers are its main rivals in the sector, but the company has hurdles competing...
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Mercedes to bring electric CLA sedan to U.S. as a challenge to Tesla's Model 3
Mercedes Benz (OTC:MBGAF) held their annual North American dealer meeting last week where the automaker emphasized its transition into the electric era. To maintain and further accelerate...
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Shanghai invites GM to expand investments and research in the city
Shanghai wants General Motors (NYSE:GM) to increase the company’s investment in research and development and bring in more products and advanced technologies to this year's China...
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California pushes Biden Admin to ban sales of new gas-vehicles by 2035
According to an exclusive report from Reuters on Tuesday, California's Air Resources Board (CARB) has asked the Biden administration to give the green light to a plan that would require all...
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After-hours movers: Microvast sinks on report of major contract loss, Zoom gains following EPS
After-Hours Stock Movers: Microvast Holdings Inc (NASDAQ:MVST) 28% LOWER; U.S. Energy Department cancels contract negotiations on $200 million award. Guardant Health (NASDAQ:GH) 7%...
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General Motors CFO buys $1 million in stock
General Motors (GM) CFO, Paul Jacobson, bought 31,000 shares 05/19/23 at $32.60.The value of the purchase was just over $1 million.Shares of GM are down 2.3% YTD.
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GM will introduce an all-electric Cadillac Escalade 'IQ' later this year
GM said the new SUV will be called the "Escalade IQ," which continues Cadillac's EV naming strategy that so far includes the Lyriq and upcoming Celestiq.
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Ford, GM and Toyota push into midsize pickup trucks, the latest battleground for U.S. automakers
The small pickups have evolved from entry-level work trucks to pricey, capable and highly profitable models that can cost more than $60,000.
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U.S. administration announces $51M investment towards EV charging network
The Biden-Harris administration, on Thursday, announced a $51 million Ride and Drive Electric funding opportunity through President Biden’s Bipartisan Infrastructure Law to accelerate the...
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Ford and GM Beaten Down by Market
Why have the shares of Ford and General Motors dropped so sharply in the past year?
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Analysis-Elon Musk's embrace of advertising at Tesla grabs marketers' attention
By Akash Sriram and Hyunjoo Jin (Reuters) - With Elon Musk outlining plans for Tesla (NASDAQ:TSLA) Inc to use traditional advertising for the first time, viewers might see the...
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Gov. Abbott signs annual EV tax bill into law
Texas Governor, Greg Abbot signed Senate Bill 505 into law over the weekend, requiring electric vehicle owners to pay $400 to register a new electric vehicle, on top of other fees. Renewing...
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Tesla seeks approval to expand Shanghai plant, add pouch battery cell production
Tesla (NASDAQ:TSLA) has applied for and is seeking regulatory approval to expand its Shanghai plant and begin producing for the first time pouch-type battery cells in limited...
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Tesla applies to expand Shanghai plant, add pouch battery cell output
(Reuters) - Tesla (NASDAQ:TSLA) Inc has applied for regulatory clearance to expand its Shanghai plant and to begin producing for the first time pouch-type battery cells, albeit in small...
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Capital One gains as Buffett's Berkshire shows new stake
Shares of Capital One Financial (NYSE:COF) gained 5.7% after-hours Monday after Warren Buffett's Berkshire Hathaway (NYSE:BRKa) disclosed the credit card firm as its newest stock...
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: GM to recall nearly 1 million SUVs as driver’s air bag may explode
GM said it would recall nearly 1 million SUVs due to a defect that risked causing the front driver's side air-bag inflator to explode when activated.
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This week in EVs: Tesla's lithium gambit, GM restructuring, TuSimple in trouble
By Michael ElkinsInvesting.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: |Tesla breaks ground and reaches milestones; GM readies...
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: GM to recall nearly 1 million SUVs due to air-bag issue: Reuters
General Motors Co. GM said it would recall nearly 1 million SUVs in the U.S. due to a defect that risked causing the front driver’s side air-bag inflator to burst when activated, Reuters...
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General Motors restructures business unit to compete with Ford Pro
Detroit automaker, General Motors (NYSE:GM), at its annual Fleet Solutions Summit, revealed that the company is consolidating its North American sales operations for commercial vehicles,...
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GM, VW face idled capacity risk in China without faster EV transition -Greenpeace
SHANGHAI/BERLIN (Reuters) - Automakers including Volkswagen (ETR:VOWG_p) and General Motors could have considerable unused production capacity for conventionally powered vehicles in China...
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General Motors names Mike Abbott as EVP of software, effective May 22nd
American automaker, General Motors (NYSE:GM) announced Tuesday that Mike Abbott, former vice president of Engineering for Apple’s Cloud Services division, will join GM as executive vice...
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GM Names Former Apple Cloud Executive Mike Abbott as VP/Software
General Motors Co. (NYSE:GM) announced today that Mike Abbott, former vice president of Engineering for Apple’s Cloud Services division, will join GM as executive vice president, Software,...
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Barclays predicts April back step as EV penetration reaches 14% in March report card
Barclays released a March EV report card as EV penetration reached 14%, up m/m and y/y, but still below elevated 4Q22. Analysts believe April is poised to be a slight step back in uptake,...
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This week in EVs: The Tesla-Ford price war
Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: U.S. hits pause on EV RFS plans; |Tesla pumps prices as |Ford slashes to...
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