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Stellantis Stock Jumps on Buy Call. Moves in GM, Ford Are a Puzzle.
barrons.com/articles/stellantis-stock-buy-ford-gm-b77a3ce2
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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 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 And Ford Just Beat Tesla At Its Own Game: Some investors think General Motors and Ford might be better off dead. But the S&P 500 automakers are still beating ...
investors.com/etfs-and-funds/sectors/sp500-gm-and-ford-beat-tesla-at-its-own-game/
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
General Motors beats quarterly results targets, raises forecast: General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised ...
reuters.com/business/autos-transportation/general-motors-beats-quarterly-results-targets-raises-forecast-2024-04-23/
GM CEO Barra compensation fell 4% in 2023 to $27.8 million: General Motors CEO Mary Barra's total compensation in 2023 fell 4% to $27.8 million, the largest U.S ...
reuters.com/business/autos-transportation/gm-ceo-barra-compensation-fell-4-2023-278-million-2024-04-24/
Ford Doesn’t Have a Ferrari Division, but Ford Pro Could Be a Stock Catalyst
barrons.com/articles/ford-stock-ferrari-pro-earnings-84a92295
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Tesla, GM, and Ford Have Had Quite a Week. All the Numbers That Matter.: Tesla ended the quarter with less than 50% BEV market share in the U.S ...
barrons.com/articles/tesla-stock-gm-ford-electric-vehicles-5a765341
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Ford (F) Earnings Beat Estimates on Work Truck Sales: Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins ...
bloomberg.com/news/articles/2024-04-24/ford-beats-sales-profit-estimates-amid-ev-strategy-overhaul
Chicago Bears sign assistant GM Ian Cunningham to a contract extension: Ian Cunningham, who was was hired by Chicago Bears GM Ryan Poles in January 2022 ...
chicagotribune.com/2024/04/24/chicago-bears-ian-cunningham-contract-extension/
GM trucks drive Q1 profitability as EVs begin to gain traction: GM positive now that contract talks with the United Auto Workers are over, and its ability to ...
detroitnews.com/story/business/autos/general-motors/2024/04/23/gm-trucks-drive-q1-profitability-as-evs-begin-to-gain-traction/73425637007/
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
Tesla CEO Elon Musk Is Fixing His Strategic Mistake—in the Nick of Time: Tesla’s earnings show that EVs aren’t dead yet. The industry is just on the other side ...
barrons.com/articles/tesla-gm-ford-model-2-ev-earnings-strategy-87d9677f
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How G.M. Tricked Millions of Drivers Into Being Spied On (Including Me): This privacy reporter and her husband bought a Chevrolet Bolt in December ...
nytimes.com/2024/04/23/technology/general-motors-spying-driver-data-consent.html
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/
GM Stock Accelerates After Earnings. Here's Why: General Motors beat expectations for the first quarter and raised its outlook for the year ...
kiplinger.com/investing/stocks/gm-stock-accelerates-after-earnings-heres-why
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 ...
reuters.com/business/autos-transportation/automakers-hope-cut-two-way-ev-charging-becomes-real-2024-04-22/
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/
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/
Morning Bid: Eyes on PMIs for rebound signs: A look at the day ahead in European and global markets from Tom Westbrook
reuters.com/markets/europe/global-markets-view-europe-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
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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Falcons GM explains shocking selection of Michael Penix Jr. that left Kirk Cousins 'disappointed'
cbssports.com/nfl/news/falcons-gm-explains-shocking-selection-of-michael-penix-jr-that-left-kirk-cousins-disappointed/
Quick Glance: Falcons Surprise by Drafting QB Michael Penix Jr.
- The Atlanta Falcons made waves at the NFL draft by selecting Washington quarterback Michael Penix Jr. with the eighth overall pick, shocking many.
- Despite recently signing Kirk Cousins to a lucrative deal, the Falcons opted for Penix, highlighting their long-term vision for the team.
- Penix expressed readiness to learn from Cousins, while the Falcons firmly believe he could be their future franchise player.
- Amid past controversial picks, the Falcons stand by their decision, aiming to follow successful team models by grooming Penix as the successor to Cousins.
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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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/
General Motors (GM) Ends OnStar Smart Driver Program After Privacy Complaints: General Motors Co. has ended its OnStar Smart Driver program after customers ...
bloomberg.com/news/articles/2024-04-24/gm-ends-onstar-driver-safety-program-after-privacy-complaints
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/
The UAW-Volkswagen Unionization Vote Ends Today. It Matters for Ford, GM.
barrons.com/articles/uaw-volkswagen-unionization-vote-172e3498
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Michigan Central Station hiring 60 ambassadors for opening weekend, summer: Michigan Central station is hiring 60 welcome ambassadors to help host the crowds for ...
freep.com/story/news/local/michigan/detroit/2024/04/24/michigan-central-hiring-ambassadors-jobs/73438164007/
The Tesla Cybertruck Has Had a Rough Start. Now Production Is Halted.: Tesla seems to have run into a problem producing its newest model, its oddly-shaped pickup ...
barrons.com/articles/tesla-cybertruck-production-halted-ac750c17
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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
GM will relocate headquarters from RenCen to Detroit's new Hudson's building: GM CEO Mary Barra and Rocket Companies CEO Dan Gilbert announced that GM will move ...
freep.com/story/money/cars/general-motors/2024/04/15/gm-headquarters-rencen-detroit-hudsons-tower/73328040007/
Hertz is ditching even more electric cars: The rental car company has been selling off EVs in droves after saying it would order 100,000 Teslas in 2021
qz.com/hertz-ev-sales-tesla-rental-cars-1851438100
Ford recalls over 450,000 vehicles in US for issue that could affect battery, NHTSA says
usatoday.com/story/money/cars/recalls/2024/04/17/ford-recall-bronco-sport-maverick/73352450007/
Ford Motor: P/E Is A Poor Indicator Of Cyclical Low: Ford's low P/E ratio of 6.5x is not the best indicator. The main reasons for my bull considerations are ...
seekingalpha.com/article/4684680-ford-motor-pe-is-a-poor-indicator-of-cyclical-low
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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/
Ford F-250 King Ranch Truck Review: It's Not for Cybertruck Fans: The $95,000 Super Duty diesel pickup is a tough, reliable workhorse inspired by the Old ...
bloomberg.com/news/articles/2024-04-22/ford-f-250-king-ranch-truck-review-it-s-not-for-cybertruck-fans
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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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/
US auto sector 'whipsawed' by politicians, Ford chairman says: The U.S. auto industry needs regulatory certainty from politicians in Washington and the back and ...
reuters.com/business/autos-transportation/us-auto-sector-whipsawed-by-politicians-ford-chairman-says-2024-04-17/
Tesla's Robotaxi Plans Face Major Challenges: Tesla, Inc. CEO Elon Musk's plan to launch a robotaxi service brings potential profitability ...
seekingalpha.com/article/4683452-tesla-robotaxi-plans-face-major-challenges
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Large Fund Bets Big on Groceries in the Face of Persistent Inflation: Alaska Permanent, the largest U.S. state wealth fund, just tripled investments in Walmart ...
barrons.com/articles/groceries-inflation-walmart-kroger-ford-aa705f60
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Ford is slashing prices on its electric F-150 Lightning: Ford has cut up to $5,500 off certain models of F-150 Lightning as it looks to reignite sales of the ...
qz.com/ford-f150-lightning-ev-price-cuts-1851408712
Ford’s Earnings Were Strong. What Wall Street Is Saying.: Ford reported first quarter numbers Wednesday evening. Now Wall Street is weighing in.
on.barrons.com/4aS9be2
UAW scores historic landslide victory to unionize the first foreign automaker in the US
freep.com/story/money/cars/2024/04/19/results-uaw-union-vote-volkswagen-chattanooga-tennessee/73374618007/
Quick Glance: UAW Secures Historic Victory as Volkswagen Workers in Tennessee Vote for Union Representation
- Volkswagen workers in Chattanooga, Tennessee, made history by voting to join the United Auto Workers, marking the first auto factory in the South since the 1940s to unionize.
- Nearly three-quarters of 3,613 workers voted yes in a three-day election with high turnout, granting the union a significant first win in its efforts to organize factories of a dozen automakers in the South.
- The organizing effort concludes a strong year for the U.S. labor movement, obtaining record wage increases across various industries through strikes and tough negotiations.
- The UAW, led by President Shawn Fain, achieved notable successes in negotiations with Detroit automakers last fall, securing substantial raises and benefits through a contentious strike.
Ford recall on Broncos, Escapes over fuel leak, engine fire risk prompt feds to open probe
usatoday.com/story/money/cars/recalls/2024/04/12/ford-recall-bronco-escape-fuel-leak-probe/73299991007/
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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Ford recalls nearly 43,000 SUVs due to gas leaks that can cause fires, but remedy won't fix leaks
apnews.com/article/ford-recall-engine-compartment-fire-fuel-leak-a002bb4d939d59cab10136abbc471fbd
Quick Glance: Ford recalls nearly 43,000 SUVs due to gas leaks
- Ford is recalling nearly 43,000 small SUVs because gasoline can leak from the fuel injectors onto hot engine surfaces, increasing the risk of fires, without fixing the fuel leaks.
- The recall covers certain Bronco Sport SUVs from the 2022 and 2023 model years, as well as Escape SUVs from 2022 with 1.5-liter engines.
- Dealers will install a tube to let gasoline flow away from hot surfaces and update engine control software to detect a pressure drop in the fuel injection system.
- Ford will extend warranty coverage for cracked fuel injectors and provide replacements for owners who experience the issue.
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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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
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/
E.V. Sales Are Slowing. Tesla’s Are Slumping.: More competition and flagging demand for electric vehicles has led to declining sales at Tesla.
nytimes.com/2024/04/15/business/ev-car-sales-tesla.html
Ford, Daimler Truck, Chrysler, Jeep among 131k vehicles recalled: Check car recalls here
usatoday.com/story/money/cars/recalls/2024/04/15/car-recall-check-ford-daimler-truck-chrysler/73294129007/
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/
Donald E. Petersen, Who Boosted Quality at Ford Motor, Dies at Age 97: As chief executive in the 1980s, he worked with the quality guru W. Edwards Deming.
wsj.com/business/autos/donald-e-petersen-boosted-quality-ford-motor-dies-at-97-4881084c
Rivian (RIVN), Lucid (LCID) Eye Record Lows as Ford Price Cut Fans EV Concerns: Shares of electric vehicle startups Rivian Automotive Inc. and Lucid Group Inc ...
bloomberg.com/news/articles/2024-04-11/rivian-lucid-eye-record-lows-as-ford-price-cut-fans-ev-concerns
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Check out the new Mustang 60th Anniversary: Today is the Mustang's birthday. Obviously Ford had to celebrate...
pistonheads.com/news/ph-americancars/check-out-the-new-mustang-60th-anniversary/48426
Ford Celebrates 60 Years Of Mustang With Special Anniversary Package: Limited to just 1,965 units, the 60th Anniversary pack is offered exclusively for the 2025 ...
carbuzz.com/ford-mustang-60-years-special-anniversary-package/
Opinion | Antisemitism in Dearborn, Past and Present: My hometown loved Henry Ford. Today some residents are all too keen to echo his ugly views about the Jews.
wsj.com/articles/dearborn-returns-to-its-antisemitic-roots-henry-ford-protests-israel-gaza-8a3fed72
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
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/
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.
New Shelby Super Snake unveiled with 830hp: Shelby American has spent a year developing its first S650 Mustang. The results speak for themselves...
pistonheads.com/news/ph-americancars/new-shelby-super-snake-unveiled-with-830hp/48434
Yankees GM Brian Cashman reacts to Juan Soto and Aaron Judge’s contrasting starts
nydailynews.com/2024/04/24/yankees-brian-cashman-juan-soto-aaron-judge-mlb/
Ford Bronco recall coincides with O.J. Simpson’s death: Federal regulators announced a Ford Bronco recall investigation coinciding with O.J. Simpson's death ...
nydailynews.com/2024/04/12/ford-bronco-recall-oj-simpson-death/
Quick Glance: O.J. Simpson's Failed Attempt at Rebranding
- O.J. Simpson tried unsuccessfully to improve his image through social media.
- Despite attempts at normalization through videos, he could not alter his negative image.
- Expert Bernt Ullmann explains Simpson's lack of remorse, crucial for a successful comeback.
- Simpson's controversial videos further polarized and isolated him from the public.
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/
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/
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/
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/
Finley: Light-bulb moment for pickups: The G-men are coming for pickup trucks, of which I feel even more passionately about than I do bulbs.
detroitnews.com/story/opinion/columnists/nolan-finley/2024/04/13/finley-light-bulb-moment-for-pickups/73239301007/
Offseason task for Warriors GM Mike Dunleavy: Fix the faults: Mike Dunleavy was blunt in assessing this year’s Warriors: “We’ve got to get a lot better ...
sfchronicle.com/sports/warriors/article/offseason-task-warriors-gm-mike-dunleavy-fix-19409897.php
Ford Road project would mean no left turns: Ford Road, a heavily traveled route west of Detroit, would become a boulevard in coming years under a $65 million ...
freep.com/story/news/local/michigan/wayne/2024/04/13/road-near-ikea-expected-to-get-major-redo/73209657007/
Tesla asks shareholders to restore Elon Musk’s $56bn pay deal: Tesla Chair Robyn Denholm says company believes in ‘big risks for the chance of big rewards’.
aljazeera.com/economy/2024/4/18/tesla-asks-shareholders-to-restore-elon-musks-56bn-pay-deal
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/
Saleen 302 Black Label Ford Mustang Debuts With 800 HP: The S650 Mustang was designed to be difficult to tune, but that hasn't stopped Saleen from ...
carbuzz.com/s650-saleen-302-black-label-mustang-debut/
Study: Manufacturers offer fewer discounts for electric cars: Fewer electric cars have recently been sold in Germany. According to the latest figures from the ...
tagesschau.de/wirtschaft/eauto-rabatte-gesunken-100.html
New EV sales hit crossroads, while used EVs have open road for growth: Electric vehicle sales got off to a slow start in 2024, with EV pioneer Tesla seeing sales ...
ajc.com/news/business/sales-of-electric-vehicles-hit-crossroads-while-used-evs-have-open-road-for-growth/YBCNIAYSX5DWTN5ZARH7IQIUCA/
New York Giants GM Talks Daniel Jones' Future at Quarterback: New York Giants general manager Joe Schoen revealed his thoughts on quarterback Daniel Jones' ...
newsweek.com/sports/nfl/new-york-giants-gm-talks-daniel-jones-future-quarterback-1892035
Star wide receivers could be on the move ahead of NFL draft: Brandon Aiyuk, Davante Adams and D.K. Metcalf are some of the names that keep popping up in chatter ...
washingtonpost.com/sports/2024/04/15/nfl-trades-wide-receivers-draft/
Conduzi um Tesla Cybertruck pela primeira vez - e tudo correu mal: Os Teslas vêm com um adaptador que permite carregar em carregadores que não são da Tesla - mas ...
businessinsider.de/wirtschaft/international-business/ich-fuhr-zum-ersten-mal-einen-tesla-cybertruck-und-alles-ging-schief/
Looking back at Lions GM Brad Holmes' five savviest moves in the NFL Draft: Over his first three drafts in Detroit, GM Brad Holmes has used his capital to slowly ...
detroitnews.com/story/sports/nfl/lions/2024/04/22/looking-back-at-detroit-lions-gm-brad-holmes-five-savviest-moves-in-the-nfl-draft/73347978007/
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