DETROIT – General Motors said it will invest roughly $6.6 billion in its home state of Michigan over the next several years to increase electric pickup-truck production and build a new EV battery cell...
Tag: General Motors Co
Netflix, Kohl’s, Wynn Resorts, General Motors and more
Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant fell 2.6% after Jefferies downgraded the stock to hold...
Shares of Rivian and other EV start-ups tank amid stock sell-off
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Shares of Rivian Automotive and oth...
Ford Bronco Raptor SUV is a ‘desert-racing beast,” CEO says
2022 Ford Bronco Raptor Ford DETROIT – Ford Motor is expanding its Bronco SUV lineup to include a new Raptor model that will go on sale later this year starting at about $70,000. The 2022 Ford Bronco ...
Behind GM, Ford’s new EV strategy is old-time financing: Cash
The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan, September 16, 2021. Rebecca Cook...
GM unveils new high-performance SUV
2023 Cadillac Escalade V-Series Cadillac DETROIT – General Motors will offer a new performance version of its flagship Cadillac Escalade SUV, adding to a growing lineup of high-power gasoline vehicles...
Ford signs five-year payments deal with Stripe for e-commerce drive
A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment processor Stripe has signed up Ford Motor Company as ...
Bill Ford is doubling down on Ford shares and amassing more control of the company
Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Mich...
Ford’s market cap tops $100 billion for first time ever
Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor’s market value toppe...
GM unveils new Chevrolet Silverado EV topping $100,000
2024 Chevrolet Silverado EV RST GM General Motors plans to build a work truck version of its new electric Chevrolet Silverado for commercial customers and a fully loaded luxury model that will retail ...
Ford’s 2021 sales down 6.8% but finishes year with strong fourth quarter
Ford vehicles are seen on the sales lot at the Helfman Ford dealership on October 28, 2021 in Houston, Texas. Brandon Bell | Getty Images DETROIT – Ford Motor’s sales last year declined 6.8% com...
Toyota dethrones GM to become America’s top-selling automaker in 2021
Toyota vehicles are offered for sale at a dealership on November 04, 2021 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Toyota Motor has dethroned General Motors as America’s top-se...
Ford plans to nearly double production of its new all-electric F-150 Lightning pickup
Ford has started initial pre-production of its electric F-150 Lightning pickup truck at a new plant in Dearborn, Mich. Michael Wayland | CNBC DETROIT – Ford Motor on Tuesday said it plans to nearly do...
Ford beats Tesla to become auto industry’s top growth stock in 2021
The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Im...
Corporations, groups gave over $8 million to GOP election objectors after Jan. 6 riot: Study
Pro-Trump protesters storm into the U.S. Capitol during clashes with police, during a rally to contest the certification of the 2020 U.S. presidential election results by the U.S. Congress, in Washing...
These are the stocks Wall Street analysts heavily favor for 2022 and also expect to rise the most
As the coronavirus pandemic has stretched out, investors have continued to pour money into stocks, in part because the alternatives have been dismal. Why bother with 10-year U.S. Treasury bonds that y...