Tag: General Motors
Hyundai warns of slowing demand and rising competition amid 7% drop...
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 surpasses Wall Street Expectations with robust Q3 earnings
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, Ford face investor scrutiny as EV losses persist and gasoline...
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 Partners with Lithium Americas for $625 million joint venture
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 partners with Barclays to launch new GM Rewards credit cards...
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...
U.S. EV sales hit record highs in Q3 2024, driven by...
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...
GM abandons Ultium brand name, shifts to tailored battery solutions
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 to reassure shareholders on EV strategy and ICE profit margins...
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...
Ford unveils redesigned 2025 Expedition with enhanced technology and comfort
Ford is ramping up its efforts to stay competitive in the large SUV market by redesigning its 2025 Expedition. The new model boasts enhanced...
Hurricane Helene forces GM to halt production of heavy-duty pickups and...
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...