TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


General Motors

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

- July 29, 2024
Automakers are adjusting their strategies in response to cooling electric vehicle (EV) sales growth, high vehicle prices, and uncertain political outcomes. This shift significantly departs from the ambitious EV goals...
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 brokers

- July 29, 2024
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 and sell it to insurance companies....
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 strategic shifts

- July 25, 2024
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, surpassing projections, Ford's Q2 2024 earnings...
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

- July 24, 2024
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 distributed over several years. This move...
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

- July 23, 2024
Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp. The strike involved 500 Lear workers represented...
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

- July 22, 2024
General Motors (GM) and Ford are expected to report lower profits this week due to struggling electric vehicle (EV) sales and a significant cyberattack on a crucial dealership computer network....
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 updates

- July 18, 2024
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 SUV features significant enhancements, including a...
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 CEO Mary Barra

- July 16, 2024
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 made by CEO Mary Barra on...
General Motors

General Motors to Pay $145.8 Million Penalty for Excess Emissions in 5.9 Million Vehicles

- July 5, 2024
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 emissions in approximately 5.9 million of...
auto sales

Modest Growth in U.S. Auto Sales for Q2 2024: Winners and Losers

- July 3, 2024
Despite a cyberattack that crippled dealers, a shifting economy, and changing consumer preferences, the U.S. auto industry experienced modest sales growth in the second quarter of 2024. An estimated 4.1 million...


CBT News
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