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Automakers are adjusting their strategies in response to cooling EV sales growth, high vehicle prices, and uncertain political outcomes.

Automakers pivot strategies amid cooling EV enthusiasm and market challenges

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Automakers are adjusting their strategies in response to cooling electric vehicle (EV) sales growth, high vehicle prices, and uncertain political outcomes. This shift significantly...
Two U.S. senators are urging the Federal Trade Commission (FTC) to investigate automakers for allegedly selling customers' driving data.

Senators demand FTC probe into automakers’ sale of driving data to...

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Two U.S. senators are urging the Federal Trade Commission (FTC) to investigate automakers for allegedly selling customers' driving data to brokers, who then package...
Ford released its second-quarter earnings today, revealing a mix of positive revenue growth and missed earnings expectations.

Ford reports mixed Q2 2024 results amidst EV sales surge and...

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Ford released its second-quarter earnings today, revealing a mix of positive revenue growth and missed earnings expectations. Despite revenue climbing 6% to $44.8 billion,...
Alphabet has reaffirmed its commitment to the future of self-driving technology with a substantial $5 billion investment in Waymo.

Alphabet invests $5 billion in Waymo to lead self-driving future

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Alphabet has reaffirmed its commitment to the future of self-driving technology with a substantial $5 billion investment in its Waymo subsidiary, which will be...
General Motors (GM) relies heavily on its gasoline-engine offerings to sustain its profits during a slower-than-anticipated shift to EVs.

GM boosts profit forecast amid strong gas truck demand and slower...

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General Motors (GM) reported second-quarter profit and revenue today that surpassed Wall Street expectations. It raised its annual profit forecast for the second time...
Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp.

GM’s Wentzville plant halts production amid Lear Corp. strike

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Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp. The...
According to LSEG data, GM's second-quarter net income is projected to drop by 7.7%, while Ford's profit is anticipated to fall by 10%.

GM, Ford face profit declines amid EV challenges and cyberattack disruptions

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General Motors (GM) and Ford are expected to report lower profits this week due to struggling electric vehicle (EV) sales and a significant cyberattack...
General Motors (GM) will increase the production of the Cadillac Escalade V-Series performance model as part of its 2025 model year updates.

GM boosts production of Cadillac Escalade V-Series for 2025 with major...

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General Motors (GM) will increase the production of the Cadillac Escalade V-Series performance model as part of its 2025 model year updates. The new...
General M earningsotors General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain.

GM’s 1 million EV production goal for 2025 in doubt, says...

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General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain, according to comments...
General Motors

General Motors to Pay $145.8 Million Penalty for Excess Emissions in...

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In a significant regulatory crackdown, General Motors (GM) has been levied with a $145.8 million penalty following a comprehensive government investigation that discovered excess...