Investors Focus on Labor Costs as GM Prepares to Report Earnings: For 2024, GM expects an operating profit of about $13 billion, up from the $12 ...
barrons.com/articles/labor-contract-gm-earnings-94226fac
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GM to move Detroit headquarters to new downtown tower, source says: General Motors plans to move its Detroit headquarters to a new downtown office tower and ...
apnews.com/article/general-motors-dan-gilbert-renaissance-center-redevelopment-3c2ea9d40b17cf58fcb32d1a4c4ee72e
GM shared our driving data with insurers without consent, lawsuit claims: Motorists file class action alleging breach of contract and more after their premiums ...
theregister.com/2024/04/23/gm_insurance_class_action/
GM Jumps Above Buy Point On Strong Earnings, Bullish Guidance: General Motors stock surged Tuesday above a buy point after the auto giant reported strong ...
investors.com/news/general-motors-stock-buy-point-gm-earnings-2024-guidance/
$GM | General Motors Q1 Earnings:
- Adj EPS $2.62 (Est. $2.14) 🟢
- Sales $43.000B (Est. $41.878B) 🟢
- Raises 2024 Adj. EPS Guidance From $8.50-$9.50 To $9 ... Show more
You can power your home for 21 days with a Chevy Silverado EV and GM’s new bidirectional charger
electrek.co/2024/04/18/you-can-power-your-home-for-21-days-with-a-chevy-silverado-ev-and-gms-new-bidirectional-charger/
How China Can Keep the Global Electric Vehicle Market Aloft: BloombergNEF expects the country’s plug-in car sales to approach 10 million this year.
bloomberg.com/news/newsletters/2024-04-23/how-china-can-keep-the-global-electric-vehicle-market-aloft
GM and Ford count on gas-powered trucks as EV growth slows: U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter ...
reuters.com/business/autos-transportation/gm-ford-count-gas-powered-trucks-ev-growth-slows-2024-04-19/
BYD’s Push Into Electric SUVs and Premium Cars Is a Threat to More Than Just Tesla
barrons.com/articles/byd-tesla-stock-models-0d9d7fc9
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$GM | General Motors' Potential In EV Transformation Weighed By Analysts After Q1 Beat- Was This a 'Prove Me' Quarter For CEO Mary Barra?
Analysts scrutinize ... Show more
Charging – and charging for it: How EV owners could sell power back to the grid: Bidirectional EV charging would expand power grids by allowing cars to store ...
csmonitor.com/Business/2024/0422/electric-vehicle-charging-two-way
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RenCen isn’t an architectural jewel. Tear it down. | Letters to the Editor: General Motors is moving out of Detroit's RenCen. Freep readers share thoughts on ...
freep.com/story/opinion/readers/2024/04/18/gm-rencen-renaissance-center-detroit-waterfront-repurpose-demolition/73356433007/
Waymo: Robotaxi drove on wrong side of SF street to ensure safety: A driverless Waymo robotaxi drove on the wrong side of a San Francisco street ...
sfchronicle.com/sf/article/s-f-waymo-robotaxi-19416858.php
Doyel: Colts GM Chris Ballard wants playmakers for QB Anthony Richardson in 2024 NFL Draft
indystar.com/story/sports/columnists/gregg-doyel/2024/04/19/colts-offseason-puts-pressure-on-gm-chris-ballard-in-2024-nfl-draft/73339407007/
Auto Sales Boosted by Deals, Cheaper SUVs as Americans Turn Frugal: Toyota Motor Corp. and Honda Motor Co. notched big US sales gains to start the year and ...
bloomberg.com/news/articles/2024-04-02/auto-sales-boosted-by-deals-cheaper-suvs-as-americans-turn-frugal
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Morning Bid: Risk asset resilience, Indonesia's rate call: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-23/
Wall St rallies on bright earnings, megacaps' support: U.S. stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors ...
reuters.com/markets/us/futures-inch-higher-run-up-corporate-earnings-2024-04-23/
Quick Glance: Hope for Strong Quarterly Results Drives Wall St Stocks
- Wall Street stocks saw an increase on Monday as investors anticipated a busy week of quarterly results from key companies to gain insight into the health of the U.S. economy.
- All 11 S&P 500 sectors experienced growth, with technology and financial stocks leading the gains.
- In addition to the outstanding corporate earnings, markets are also looking forward to the upcoming release of the PCE data in March later this week to further understand the monetary policy trajectory.
- Megacap growth stocks showed gains, including Alphabet, Amazon.com, and Apple, along with Nvidia's increase to recover from a previous decline.
US opens probe into 3,322 GM Cadillac Lyriq EVs over loss of brake assist: The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it has ...
reuters.com/business/autos-transportation/us-opens-probe-into-over-3300-gm-cadillac-lyriq-vehicles-over-loss-brake-assist-2024-04-15/
GM Raises Profit Guidance as Truck Sales Overshadow China Slump: General Motors Co. expects better profit this year after a strong first quarter ...
bloomberg.com/news/articles/2024-04-23/gm-raises-profit-guidance-as-truck-sales-overshadow-china-slump
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Tesla's bet on robotaxis is a long way from paying off: Tesla is making a risky bet if it shifts efforts on its small-car vehicle platform to robotaxis as the ...
reuters.com/business/autos-transportation/teslas-bet-robotaxis-is-long-way-paying-off-2024-04-05/
Quick Glance: Elon Musk to Unveil Tesla 'Robotaxi' on August 8
- Elon Musk announced that Tesla will unveil its robotaxi on August 8, despite past promises and delays with self-driving cars.
- Musk plans to develop a car without controls for human use and gradually enhance Tesla vehicles with Full Self-Driving capability.
- Currently, buyers can add the Full Self-Driving feature for an additional cost, but experts note that the system is not fully autonomous yet.
- Other companies like Waymo and Cruise are also working on autonomous ride-sharing services, despite safety concerns and incidents.
Automakers hope for a cut as two-way EV charging becomes real: Automakers from General Motors to Volvo Cars , alongside utilities and charging app operators are ...
reut.rs/4aEL8iG
Robotaxi Cruise vehicles are making a return — but they won’t be autonomous: It’s been months since the self-driving taxis were pulled from the streets ...
kron4.com/news/national/cruise-vehicles-return-to-streets-in-select-us-cities/
Quick Glance: Cruise announces steps for resuming its robotaxi fleet
- Cruise plans to resume manual driving operations in Phoenix to create maps and gather road information in select cities.
- Following an incident where a pedestrian in San Francisco was dragged by a Cruise robotaxi and trapped under the vehicle, the officials of the autonomous vehicle company announced on Tuesday the initiation of what they envision as their comeback to driverless operations.
- The California Department of Motor Vehicles suspended Cruise approximately three weeks after the October 3 accident in San Francisco, citing that the company failed to provide footage of the incident.
Ford, GM Stock Price Targets Are Rising. Wall Street Trims Tesla Stock.
barrons.com/articles/tesla-stock-ev-ford-gm-1096b617
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The NTSB is also investigating a second Mach-E crash where two were killed. www.thedrive.com/news/fords-hands-free-bluecruise-was-active-in-fatal-crash-officials-say
General Motors: What Happened When The Quants Drove In: General Motors' shares surged 26.9% recently, surpassing the S&P 500, while analysts' views remain mixed ...
seekingalpha.com/article/4681729-general-motors-what-happened-when-the-quants-drove-in
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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share
electrek.co/2024/04/23/gm-hopes-35k-chevy-equinox-ev-win-back-market-share/
GM to Move Headquarters to Dan Gilbert’s Hudson’s Tower in Detroit: General Motors Co. will move its downtown Detroit headquarters across the city next year to ...
bloomberg.com/news/articles/2024-04-15/gm-said-to-plan-move-to-dan-gilbert-s-hudson-s-tower-in-detroit
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Meet the guy leading Cadillac into its electric future: John Roth, a GM employee of over 30 years, took over the iconic brand a year ago ...
detroitnews.com/story/business/autos/general-motors/2024/04/09/meet-the-guy-leading-cadillac-into-its-electric-future/72482870007/
$GM | GM To Make 4th HQ Move But Remains Sole 'Big Three' Automaker To Stay Put In Detroit
What Happened: GM’s new headquarters at Hudson’s will be located ... Show more
US first-quarter auto sales grew nearly 5% despite high interest rates, but EV growth slows further
apnews.com/article/auto-sales-strong-electric-vehicle-sales-slow-70a663fbc0719ebda7a4ca814c2827d2
GM, Ford will reroute Baltimore shipments after bridge collapse: U.S. automakers General Motors and Ford will reroute affected shipments after a bridge collapse ...
reuters.com/business/autos-transportation/gm-ford-will-reroute-baltimore-shipments-after-bridge-collapse-2024-03-26/
Ford's Hands-Free BlueCruise Was Active in Fatal Crash, Officials Say: A Mustang Mach-E being driven with Ford's hands-free BlueCruise system was in ...
thedrive.com/news/fords-hands-free-bluecruise-was-active-in-fatal-crash-officials-say
GM believes ‘production hell’ is behind it with plans to build 20X more Ultium EVs in 2024
electrek.co/2024/03/20/gm-exits-production-hell-aims-to-build-20x-more-evs-2024/
NFL teams know the best way to draft, so why aren’t they doing it?: Only a few teams are curious enough to think differently, and even fewer are disciplined ...
theathletic.com/5416007/2024/04/16/nfl-drafting-methods-insight-massey-thaler/
Hybrid Cars Find Favor As EV Auto Sales Slow, Automakers Recalculate: Automakers are backtracking on massive EV commitments as buyers favor hybrid cars ...
investors.com/news/hybrid-cars-ev-electric-vehicles-ford-gm-tesla-toyota-honda/
Hyundai US boss calls out the competition as the brand goes ‘all in’ on electric vehicles
electrek.co/2024/04/08/hyundai-us-boss-calls-out-rivals-brand-goes-all-in-on-evs/
Arizona Coyotes players told team is relocating to Salt Lake City, reports say: GM Bill Armstrong told the team it would relocate to Salt Lake City and the move ...
usatoday.com/story/sports/nhl/coyotes/2024/04/12/arizona-coyotes-relocating-salt-lake-city/73310336007/
Quick Glance: Reports suggest Arizona Coyotes potentially relocating to Salt Lake City
- Arizona Coyotes general manager Bill Armstrong traveled to Edmonton to brief the team on relocation rumors.
- According to multiple reports, the team was reportedly informed about an upcoming relocation to Salt Lake City.
- Two schedules were created for the upcoming season, one for Salt Lake City and one for Arizona.
- There are still uncertainties surrounding the future of the franchise, with an official announcement of the sale scheduled for April 18.
Volkswagen Workers Vote ‘Yes’ to a Union. What That Means for GM and Ford.: Volkswagen employees in Tennessee agree to be represented by the United Auto Workers.
barrons.com/articles/volkswagen-union-vote-172e3498
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GM just opened a sprawling new design center that will help shape the future of its cars
fastcompany.com/91073623/general-motors-new-design-center-is-a-huge-expansion-of-its-car-design-capabilities
GM, Ford will reroute Baltimore shipments after bridge collapse: U.S. automakers General Motors and Ford will reroute affected shipments after a bridge collapse ...
reuters.com/business/autos-transportation/gm-ford-will-reroute-baltimore-shipments-after-bridge-collapse-2024-03-26/
Quick Glance: Survivors of Baltimore Bridge Collapse: Workers in Their Cars
- Julio Cervantes survived bridge collapse, others missing or dead
- Construction workers were in their cars when ship hit bridge
- Two bodies found, four missing, presumed dead
- President Biden promises bridge reconstruction
GM stops sharing driver data with brokers amid backlash: Customers, wittingly or not, had their driving data shared with insurers.
arstechnica.com/cars/2024/03/gm-stops-sharing-driver-data-with-brokers-amid-backlash/
Robotaxi company Waymo tests self-driving car technology in Atlanta: Self-driving car company Waymo is testing its vehicle technology in Atlanta ...
ajc.com/news/business/waymo-arrives-in-atlanta-robotaxi-company-starts-testing-self-driving-vehicles/R2WKQWKF6JG6VPA6NNWE5YIO4M/
Automakers like General Motors Co. and Ford Motor Co. have cut billions of dollars in EV investments and recommitted to producing hybrids.
Home: USA TODAY delivers current national and local news, sports, entertainment, finance, technology, and more through award-winning journalism, photos ...
usatoday.com
Jared Goff, Brad Holmes appear to be creating a grievance culture within Detroit Lions
freep.com/story/sports/columnists/carlos-monarrez/2024/04/13/detroit-lions-jared-goff-brad-holmes-grievance-culture-chip-on-shoulder/73304087007/
Labor costs, shortage, increasing reliability: Why we're seeing more robots inside plants
detroitnews.com/story/business/autos/2024/04/11/why-were-seeing-more-robots-inside-auto-plants/73245120007/
The RenCen after GM: What the future could hold for Detroit architectural landmark
freep.com/story/money/business/2024/04/21/detroit-renaissance-center-future-after-gm/73359970007/
Chevy just revealed the Silverado EV First-Edition RST specs and it’s got 440 miles of range
electrek.co/2024/04/03/chevy-silverado-ev-first-edition-rst-specs/
Waymo, Cruise and Zoox Inch Forward Ahead of Tesla Joining Robotaxi Race: Robotaxi companies had an active week, expanding coverage and services while the world ...
bloomberg.com/news/newsletters/2024-04-15/waymo-cruise-and-zoox-inch-forward-ahead-of-tesla-joining-robotaxi-race
Carmakers’ shady data sharing takes spotlight in GM connected car scandal: There are better alternatives to clicking a EULA the first time you drive your car.
arstechnica.com/cars/2024/03/car-makers-shady-data-sharing-takes-spotlight-in-gm-connected-car-scandal/
Robotaxi regulators say Tesla hasn't contacted them about plans: Elon Musk said he plans to unveil a Tesla robotaxi this summer, but California and Nevada ...
nbcnews.com/tech/innovation/robotaxi-regulators-say-tesla-hasnt-contacted-plans-rcna147456
F-150, Ram Pickup Sales Fall as Americans Shift to Cheaper Cars: Sales of pricey pickup trucks at Stellantis NV, Ford Motor Co. and General Motors Co ...
bloomberg.com/news/articles/2024-04-03/f-150-ram-pickup-sales-fall-as-americans-shift-to-cheaper-cars
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GM sales drop slightly on fewer fleet deliveries, EV sales down: General Motors Co. saw a 1.5% decline in year-over-year sales in the first quarter.
detroitnews.com/story/business/autos/general-motors/2024/04/02/gm-sales-drop-slightly-on-fewer-fleet-deliveries-ev-sales-down/73177446007/
GM in talks with CATL to license cheaper LFP EV battery tech and joint North American plant
electrek.co/2024/03/28/gm-catl-in-talks-cheaper-lfp-battery-tech-joint-plant/
Exclusive: China's SAIC aims to slash jobs at GM, VW ventures and EV unit, sources say
reut.rs/3PL1ygW
General Motors Stops Selling Drive Data to Insurance Data Providers: GM will no longer share drivers' vehicle data with two brokers who sell that data to ...
thedrive.com/news/general-motors-stops-selling-drive-data-to-insurance-data-providers
I tested the one of GM’s first highway EV fast-chargers. Here’s how it went.: The fast charger I tested is one of the first EV chargers in a nationwide network ...
freep.com/story/money/cars/mark-phelan/2024/03/30/future-highway-ev-charging-test/73112078007/
Stellantis sales drop 10% in first quarter: The maker of Chrysler, Dodge, Jeep and Ram was joined by General Motors Co. in reporting a first-quarter sales ...
detroitnews.com/story/business/autos/chrysler/2024/04/03/stellantis-sales-drop-10-in-first-quarter/73179553007/
Tesla's rivals pile on, GM's plan, and the Baltimore bridge collapse: Autos news roundup
qz.com/tesla-byd-gm-ford-nissan-subaru-autos-baltimore-bridge-1851372613
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Volkswagen workers are joining the big auto industry unionization push: The United Auto Workers are coming for its shops — and would make the German automaker ...
qz.com/volkswagen-workers-tennessee-uaw-union-1851345636
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Detroit Pistons announce search for president of basketball ops over top of GM Troy Weaver
freep.com/story/sports/nba/pistons/2024/04/15/detroit-pistons-nba-president-of-basketball-operations-tom-gores-troy-weaver/73332795007/
Brad Holmes not worried about your CB fetish. Detroit Lions GM drafts who he wants.
freep.com/story/sports/columnists/shawn-windsor/2024/04/21/brad-holmes-nfl-draft-dan-campbell-detroit-lions-cornerback/73373782007/
The Tesla Cybertruck's front trunk can seriously injure misplaced fingers and the internet is on it
qz.com/tesla-cybertruck-front-trunk-frunk-injury-fingers-1851376456
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GM, Ford are upbeat on 'really strong' US demand: Top executives of General Motors and Ford gave upbeat outlooks for the U.S. auto market and their profit plans ...
reuters.com/business/autos-transportation/ford-reaffirms-annual-core-profit-outlook-2024-03-26/
It's Official! C8 Chevrolet Corvette ZR1 Coming This Summer: At long last, the rumors will be either fulfilled or dashed.
carbuzz.com/teased-c8-chevrolet-corvette-zr1-coming-summer-2024/
UAW's Shawn Fain makes Time's list of 100 most influential people of 2024: UAW President Shawn Fain has been named as one of Time's 100 most influential people ...
freep.com/story/money/cars/2024/04/17/uaw-fain-biden-time-most-influential-people/73357552007/
The sell-down of GM's most popular-selling EV, the Bolt, is in its final days: GM's current iteration of the Chevrolet Bolt and Bolt EUV will soon be a thing of ...
freep.com/story/money/cars/general-motors/2024/04/02/just-a-handful-of-gms-bestselling-ev-ever-the-bolt-remain/73170552007/
General Motors: An Auto Bargain With A 23% Earnings Yield: General Motors is seeing strong EBIT momentum in FY 2023 and FY 2024. Read more to see an overview and ...
seekingalpha.com/article/4678857-general-motors-an-auto-bargain-with-a-23-percent-earnings-yield
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American car rental company: Hertz replaces boss: The car rental company was forced to take high write-offs after a big bet on electric cars ...
faz.net/aktuell/wirtschaft/unternehmen/autovermieter-hertz-tauscht-chef-aus-19591224.html
China and Climate: Shein and Temu Are Driving Oil, Not GM and Toyota: Petroleum consumption in the world’s biggest emitter these days isn’t so much about ...
bloomberg.com/opinion/articles/2024-03-31/china-and-climate-shein-and-temu-are-driving-oil-not-gm-and-toyota
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General Motors' Mexico unit agrees to 9.2% wage hike -union: Silao, a Mexican unit of U.S. carmaker General Motors and its union have reached an agreement for a ...
reuters.com/business/autos-transportation/general-motors-mexico-unit-agrees-92-wage-hike-union-2024-03-15/
Quick Glance: Agreement for Wage Increase at General Motors Mexico
- Election of a new union at GM in Mexico.
- General Motors' Mexican unit and union agree on a 9.2% wage hike.
- In addition to the wage increase, the agreement includes raises to the savings fund and food vouchers.
- Audi also achieves a deal with the union, resulting in a 7% wage increase.
The struggling battery factory behind GM’s electric vehicle problems: The transition has run into many delays, including automation issues and software glitches ...
bloomberg.com/news/articles/2024-03-19/gm-s-electric-car-future-rides-on-automated-battery-factory-growth
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Michael Bloomberg is worth $106B, but not on Bloomberg's rich list : Forbes estimates Michael Bloomberg is one of the few worth more than $100 billion ...
businessinsider.com/michael-bloomberg-forbes-rich-list-billionaires-wealth-rankings-fortune-philanthropy-2024-4
Column: It’s easy to criticize Chicago Bears GM Ryan Poles for the meager return in the Justin Fields trade. But his hands were tied.
chicagotribune.com/2024/03/17/justin-fields-ryan-poles-trade/
Quick Glance: Bears Trade Justin Fields to Steelers, Pave Way for Promising Quarterback
- The trade of Justin Fields from the Chicago Bears to the Pittsburgh Steelers cleared the path to potentially draft USC's Caleb Williams with the first overall pick.
- Fields is expected to serve as the backup for nine-time Pro Bowler Russell Wilson, who recently signed a one-year deal with the Steelers.
- Chicago missed out on a significant opportunity by not trading the first pick for a substantial return.
- The historically quarterback-challenged Bears seldom have the chance to select a talent like Williams.
A $1,600 car-loan payment? Sounds ‘absurd,’ but it’s becoming more common.: The ‘craziness’ of the automobile market means more people are spending $1 ...
marketwatch.com/story/a-1-400-suv-payment-a-1-600-truck-payment-sounds-absurd-but-its-becoming-more-common-7dd92b39
Elon Musk’s robotaxi dreams plunge Tesla into chaos: Elon Musk’s underlings at Tesla Inc are accustomed to chaos. It comes with the territory of working for a ...
thestar.com.my/tech/tech-news/2024/04/22/elon-musks-robotaxi-dreams-plunge-tesla-into-chaos
Berry lowered Chubb’s base salary of $11.75 million to probably just over $1 million, but gave him the opportunity to make the full $12 ... Show more l.cleveland.com/MgTKSv
GM's Fort Wayne plant to take time off for next-gen truck prep: As a result, four other GM facilities will also have to take downtime.
detroitnews.com/story/business/autos/general-motors/2024/04/11/gms-fort-wayne-plant-to-take-time-off-for-next-gen-truck-prep/73286379007/
Why Kia and Hyundai are becoming more popular than ever before: Hyundai Motor Group is now the fourth-largest automaker in the U.S.
axios.com/2024/03/31/hyundai-kia-electric-cars-evs
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