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Automakers might increase prices moving forward, according to a report from the intelligence firm AlixPartners.
With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road ...
Despite a challenging quarter, electric vehicle (EV) sales more than doubled, helped by new models like the electric Chevy Equinox. GM now holds 16% of the U.S. EV market, second to Tesla.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
The Detroit giant reported a $1.1 billion year-over-year drop in quarterly revenue.But while the numbers are grim, GM is focusing on the bright spots, including record first-half revenue and growing ...
Recent market rotation signals investors are shifting from tech to value and yield, with signs of froth and overbought conditions emerging. Read what investors need to know.
“Elon seems to be also exiting the auto industry, clearly pulling capital out of the business and doubling down on AI, ...
The company expects the impact from the Trump administration's tariffs to take a bigger toll in the third quarter.
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% from the same period last year, as higher costs and uncertainty surrounding ...
Detroit’s engine is pushing into overdrive. General Motors on Tuesday blamed President Donald Trump’s tariffs for a $1.1 ...
The USA’s biggest car maker, General Motors, has claimed that President Donald Trump’s tariffs knocked $1.1bn (£813m) off its ...
Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit ...