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Hyundai has reported a 7% drop in Q3 operating profit, citing a slowdown in demand & increased competition in the global auto industry

Hyundai warns of slowing demand and rising competition amid 7% drop...

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Hyundai Motor has reported a 7% drop in third-quarter operating profit, citing a slowdown in demand and increased competition in the global auto industry....
GM exceeded Wall Street's earnings expectations in its third quarter, reporting a net income of $3.056 billion on revenue of $48.757 billion.

GM surpasses Wall Street Expectations with robust Q3 earnings

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General Motors (GM) exceeded Wall Street's earnings expectations in its third quarter, reporting a net income of $3.056 billion on revenue of $48.757 billion,...
GM and Ford are preparing to report their Q3 2024 results, with both automakers facing challenges that could affect investor sentiment.

GM, Ford face investor scrutiny as EV losses persist and gasoline...

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General Motors (GM) and Ford Motor are preparing to report their Q3 2024 results, with both automakers facing challenges that could affect investor sentiment....
GM has entered into a $625 million joint venture with Lithium Americas to develop and operate a lithium carbonate mining project.

GM Partners with Lithium Americas for $625 million joint venture

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General Motors (GM) has entered into a $625 million joint venture with Lithium Americas Corp. to develop and operate a lithium carbonate mining project...
GM and Barclays announced a new credit card partnership, allowing customers to earn and redeem reward points for purchasing new GM vehicles.

GM partners with Barclays to launch new GM Rewards credit cards...

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General Motors and Barclays announced a new long-term credit card partnership on Monday. The partnership allows customers to earn and redeem reward points for...
EV sales in the U.S. reached record levels in Q3 of 2024, with an 11% year-over-year increase, according to Kelley Blue Book.

U.S. EV sales hit record highs in Q3 2024, driven by...

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Electric vehicle (EV) sales in the U.S. reached record levels in the third quarter of 2024, with an 11% year-over-year increase, according to Kelley...
General Motors (GM) is set to abandon the Ultium brand name for its EV batteries and technologies, signaling a shift in its battery strategy.

GM abandons Ultium brand name, shifts to tailored battery solutions

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General Motors (GM) is set to abandon the Ultium brand name for its electric vehicle (EV) batteries and technologies, signaling a significant shift in...
GM will aim to calm shareholder concerns regarding slower-than-expected demand for EVs and perceived peak demand for gasoline-powered trucks.

GM to reassure shareholders on EV strategy and ICE profit margins...

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General Motors (GM) will aim to calm shareholder concerns on Tuesday regarding slower-than-expected demand for electric vehicles (EVs) and perceived peak demand for gasoline-powered...
Expedition

Ford unveils redesigned 2025 Expedition with enhanced technology and comfort

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Ford is ramping up its efforts to stay competitive in the large SUV market by redesigning its 2025 Expedition. The new model boasts enhanced...
GM has halted production at two of its key assembly plants, affecting the production of its highly profitable heavy-duty pickups and SUVs

Hurricane Helene forces GM to halt production of heavy-duty pickups and...

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General Motors (GM) has been forced to halt production at two of its key assembly plants, affecting the production of its highly profitable heavy-duty...