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2 mins read

4 reasons GM is crushing it right now

GM earnings topped expectations and sent shares surging, thanks to strong truck sales and a turnaro…

Benjamin Zhang   


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2 mins read

GM CEO Mary Barra says there's so much EV competition in China that it's driving a price war that isn't sustainable

General Motors CEO Mary Barra says the EV race in China is largely driven by a pricing competition …

Lloyd Lee,Erin Snodgrass   


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5 mins read

Tesla's earnings report will include refocusing on its car business, and it comes as competition heats up

GM's recent success puts pressure on Tesla as it fights to maintain its EV dominance ahead of today…

Dan DeFrancesco   


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2 mins read

GM and Ford's gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV slowdown

Companies like GM and Ford can rely on hybrids and gas-powered cars to get through the EV slowdown.…

Nora Naughton   


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2 mins read

GM's plan to bring back hybrids is a win for dealers and shoppers

Hybrids are going to show up in GM's US lineup as EV demand slows.

Nora Naughton   


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1 min read

GM plunges 8% as $1.3 billion in recall costs lead to 2nd-quarter earnings miss

The auto maker raised its 2021 operating profit view and revenue more than doubled in the second qu…

Carla Mozée   


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1 min read

Apple's earnings power is once again being overlooked by investors, positioning the stock for 28% upside, BofA says

In 2018, Wall Street estimated Apple would see profit margins of about 39% in 2023. Margins were in…

Matthew Fox   


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2 mins read

GM's CEO said 2023 would be 'a breakout year' for EV production. But demand has fallen sharply.

After pledging to spend $35 billion on development from 2020 to 2025, this year was meant to be "a …

Polly Thompson   


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2 mins read

General Motors leaps 7% after 3rd-quarter earnings double analyst expectations

Strong truck and SUV sales in North America and China helped pull GM out of its virus-induced slump…

Ben Winck   


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3 mins read

If automakers like Ford and GM want to catch Tesla, they'll have to offer fewer options on your new car

Ford could reduce options by 90% in a bid to be more competitive, while GM might slash choices by 5…

Alexa St. John   


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5 mins read

Striking auto workers are highlighting their CEOs' multi-million dollar pay. Here's how much the top bosses at Ford, GM and Stellantis make

GM CEO Mary Barra's compensation was worth $29 million in 2022, while Ford CEO James Farley receive…

Associated Press   


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1 min read

GM's robotaxi startup is heading to two more Texas cities, claiming more space in Tesla's backyard

While Cruise and others expand driverless offerings, Tesla has struggled to deliver completely driv…

Nora Naughton   


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1 min read

GM beats Wall Street expectations for Q2 earnings even as coronavirus hits revenue hard

The carmaker said that vehicle sales in the quarter declined 34%. North American operations achieve…

Matthew DeBord   


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1 min read

GM manages a Q1 profit as the coronavirus pandemic hurts the automaker's global business

COVID-19 hurt GM's business internationally, but in North America, SUV and pickup sales drove a pos…

Matthew DeBord   


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2 mins read

Ford and GM have more cars on lots than Toyota or Lexus as inventory remains scarce

Auto dealers had more inventory in January than they did this time last year. That's good news for …

Alexa St. John   


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2 mins read

Tesla stock's sizzling rally won't last as old-guard rivals like Ford and GM pile into the EV space, analyst says

Tesla shares have jumped 109% year-to-date, but Wall Street giants including Goldman Sachs are now …

George Glover   


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2 mins read

Retail investors can soon own a piece of 'Shrek' music royalties and earn payouts as streaming revenue erupts

Trading platform Public will offer 88,970 shares in the "Shrek" music rights for $10 each.

Filip De Mott   


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2 mins read

'It's just a plug': A rival EV CEO isn't sold on Tesla's charging tech even as giants like Ford and GM sign on

"What we're really comparing is, is it a screw cap or is it a cork on the bottle, not the quality o…

Alexa St. John   


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2 mins read

GM and Ford are warning investors of billions in lost earnings this year due to the global chip shortage

GM posted healthy profits for 2020, but warned that it stands to lose billions in earnings as the c…

Tim Levin   


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3 mins read

'One of the most important earnings calls in its history': Here's what Wall Street expects from Tesla's 4th-quarter earnings

"Tesla's drastic price cuts are we think positive for the consumer, negative for Tesla, and negativ…

Matthew Fox