Topline General Motors is offering thousands of U.S. salaried employees buyouts, the company announced Thursday, months after the Detroit-based auto-maker said it was attempting to cut costs by $2 bil...
Tag: Motors
Lordstown Motors (RIDE) Q4 2022 results, EV deliveries, cash
Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Lordstown Motors said Monday that it still had more than $220...
Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.
Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been to launch a new electric truck. Results look rough, but the beaten-up stock is rising in early trading...
General Motors is cutting hundreds of executive-level jobs in its push to ‘focus on our own efficiency’
Streamlining operations and refocusing on efficiency is an overarching tech theme of 2023, epitomized by Meta CEO Mark Zuckerberg last month when he declared this would be the company’s “year of effic...
Lucid, Nikola, Lordstown Motors Suffer Underwhelming EV Production Numbers amid Macroeconomic Constraints
EV makers Lucid, Nikola, and Lordstown saw their stock decline mostly owing to disappointing failures regarding their production figures. Three electric vehicle (EV) startups that went public via spec...
General Motors Files NFT Trademark Applications for Cadillac and Chevrolet
The latest development follows Chevrolet’s NFT collection launch last July. The General Motors Company (GM), a Detroit-based multinational automotive company, wants to join the NFT scene. It recently ...
General Motors, GlobalFoundries strike semiconductor deal
The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed ...
Tesla, General Motors get boost from EV SUV tax credit change
A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT –...
General Motors (GM) earnings Q4 2022
Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecti...
With Lucid Motors Buyout Talk, Here’s What the Charts Indicate
Shares of Lucid Motors (LCID) soared sharply on Friday on rumors that Saudi Arabia’s Public Investment Fund is considering buying a remaining stake in the luxury electric vehicle startup. Let&#...
Lucid Motors Overdelivers On EVs In 2022, But Can It Compete With Tesla, NIO And Other Automakers?
Los Angeles Times via Getty Images Key takeaways: Lucid Group, a luxury electric vehicle maker, announced that it over delivered for 2022 by producing 7,180 vehicles instead of the original guidance o...
Join the Solar Vehicle Revolution with Germany’s Sono Motors
Credit: Sono Motors GmbH Sono Group N.V. became public in 2021 (Nasdaq: SEV), parent company of Sono Motors 2 main businesses are solar technology and licensing, and Sion solar car Finland’s Valmet Au...
Andretti joins forces with General Motors for Cadillac Formula 1 entry bid
Michael Andretti, team owner of Walkinshaw Andretti United, looks on during qualifying for Supercars Adelaide 500 on March 2, 2018 in Adelaide, Australia. Daniel Kalisz | Getty Images Sport | Getty Im...
General Motors (GM) sales Q4 2022
2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales...
Lordstown Motors Corp. Investors Resting, RIDE Stock Price Prediction 2023 – TCR Exclusive Technicals
American electric car manufacturer Lordstown Motors Corporation is based in Lordstown, Ohio. RIDE stock price has declined over 60% year to date as it has been declining since 2021 over the daily time...
Relative Strength Alert For General Motors
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important ...
Lordstown Motors begins shipping its Foxconn-made EV pickup trucks
Lordstown Motors has starting shipping its all-electric Endurance pickup trucks manufactured by Foxconn, a milestone that seemed impossible earlier this year. Lordstown Motors, which has experienced i...
General Motors to hit a key EV milestone years ahead of schedule
General Motors Company (NYSE: GM) is in focus on Thursday after the automaker said it will achieve an important EV milestone years ahead of schedule. Inflation Reduction Act to benefit GM The car comp...
Automobile Giant General Motors (GM) Halts Twitter Ads
Bitcoin News Several advertisers have threatened to pull their money if Trump’s ban is revoked. GM is a direct rival of Elon Musk’s Tesla electric vehicle startup. Twitter has come under assault from ...
General Motors, IBM, American Electric Power, Albemarle, Hexcel
General Motors announced today that its Board of Directors has declared a fourth quarter 2022 cash dividend on the company’s outstanding common stock of $0.09 per share payable Thursday, Dec. 15...
Coca-Cola And General Motors Both Beat Estimates In Q3 Earnings Results
Coca-Cola beat Wall Street analysts Q3 estimates by 8.34%. (Photo by Justin Sullivan/Getty Images) Getty Images Key takeaways General Motors have had a big Q3, beating earnings per share estimates by ...
General Motors saw the chip shortage improve in Q3
General Motors Company (NYSE: GM) is trading up this morning after reporting better-than-expected profit for its fiscal third quarter. Its revenue, though, came in slightly shy of estimates. Highlight...
Coca-Cola, General Motors, JetBlue and others
Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares rose 2.9% in the premarket after the beverage giant’ third-quarter earnings and sales beat Street fore...
General Motors Launches New GM Energy Business Unit To Focus On EV Ecosystem Integration
General Motors is launching a new GM Energy business unit to provide bidirectional charging, fleet … [+] charging management and stationary storage General Motors Transportation requires much mo...
Ford Stock, General Motors Fall After Analyst Downgrades
A potential serious recession on the horizon has some analysts worried about shares of major automakers. Ford (F) and General Motors (GM) both received downgrades on Monday, despite rising third-quart...