Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – UBS downgraded both automakers, cutting Ford to “sell” from “neutral” and downgradin...
Tag: Motors
Lordstown Motors RIDE begins production of Endurance EV pickup
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Lordstown Motors sa...
Lennar, KB Home, General Motors and more
Lennar (LEN): Shares fell after the homebuilder reported its third quarter results were impacted by higher rates. Revenue totaled $8.9 billion for the quarter, missing Wall Street’s estimate of $9.04 ...
Should you buy Toyota Motors shares after dropping 25% YTD?
Toyota Motor Corporation (NYSE: TM) shares have weakened 25% since the beginning of the 2022 year, and the current price stands at $139. Toyota continues to face supply-chain issues, and the company r...
Hertz signs its biggest EV deal with General Motors
Hertz Global Holdings Inc (NASDAQ: HTZ) on Tuesday said it will buy 175,000 electric vehicles from General Motors Company (NYSE: GM) through 2027. Shares of both companies remained rather dull after t...
Mullen Automotive Takes Controlling Stake In Bollinger Motors, Marking Its First EV Acquisition
TechCrunch Mullen acquires controlling interest in EV startup Bollinger Motors Mullen Automotive has acquired a controlling interest in Bollinger Motors, a move intended to strengthen the two EV compa...
General Motors reinstates dividend and boosts share repurchase
General Motors Company (NYSE: GM) is in the green this morning after the legacy automaker reinstated its quarterly cash dividend and announced an upsized stock buyback programme. GM to buyback $5.0 bi...
Lordstown Motors (RIDE) Q2 2022 earnings and production
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truc...
Sono Motors’ Sion EV Is Covered In Solar Panels To Soak Up Free Power
The Sion’s matte exterior is nearly covered in solar cells. Sono Motors Since I write about EVs and such, I get this question very often: Why don’t electric cars have solar panels on the roof to...
General Motors announces big EV deals following Q2 results
General Motors Company (NYSE: GM) reported better-than-expected revenue for its second quarter on Tuesday. Shares still slipped 3.0% as profit fell shy of estimates. General Motors signs EV deals Gene...
Walmart, General Motors, Polaris and more
Check out the companies making headlines before the bell: Walmart (WMT) – Walmart slumped 9.5% in the premarket after cutting its outlook for the current quarter and full year. The retail giant said h...
General Motors offers rebate on 2023 Cadillac Lyriq if drivers sign NDA, agree to tracking
Cadillac of Novi in Michigan general manager Ed Pobur drives the Cadillac Lyriq out of the showroom after delivering it to the customer at the dealership on July 14, 2022. DETROIT – In an unprecedente...
Electric vehicle startup Lordstown Motors names new CEO following Foxconn deal
Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Electric vehicle startup Lordstown Motors said Tuesday that i...
General Motors Stock Halted, Edge Higher On Q2 Chip Shortage Hit
Updated at 2:26 pm EST General Motors (GM) – Get General Motors Company Report cautioned Friday that chip shortages and supply chain disruptions lead to production delays that impacted around 1...
General Motors (GM) Q2 2022 US sales
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors’ U.S. vehicle sales were down about 15%...
General Motors EV Partner Sees Director Buy More Stock
Text size MP Materials shares have slipped 21% so far this year Joe Buglewicz/Bloomberg MP Materials stock has slipped this year, and director Randall Weisenburger bought more shares of the rare-earth...
Bentley Motors gears up to drop its Genesis NFT collection on Polygon
? Want to work with us? CryptoSlate is hiring for a handful of positions! British luxury car manufacturer Bentley Motors Limited is dipping its toes into the Web3 ecosystem with the launch of a non-fu...
Bentley Motors Set to Launch Exclusive Genesis NFT Collection
The NFT line is the plan Bentley has to impress itself in the budding Web3 and broader metaverse space. Bentley will only release 208 pieces. Bentley Motors Ltd recently announced its first foray into...
General Motors Investment Could Bring In Instant Inspection Stations To Dealerships
Amir Hever, CEO and co-founder UVeye (L) and Dave Marsh, general manager customer service, … [+] satisfaction, General Motors Co., announcing the automaker’s investment in UVeye to bring i...
Meituan Motors, EVs Electrify, Didi To Relist In Hong Kong
China Last Night KraneShares Key News North Asian equity markets outperformed South Asia, led by China and Hong Kong while Malaysia and South Korea were closed. Today’s Wall Street Journal article on ...
Carvana, GameStop, AMC, General Motors and more
Check out the companies making headlines in midday trading Thursday. Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana s...
Ford, General Motors, Tapestry and more
Take a look at some of the biggest movers in the premarket: Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to &#...
Lordstown Motors factory sale to Foxconn closes
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors’ assembly plant in Ohio. Michael Wayland / CNBC Embattled electr...
Cathie Wood’s Ark Invest makes first-ever bet on General Motors after criticizing automaker
Famed stock picker Cathie Wood has had a sudden change of heart on General Motors (GM). Wood’s Ark Investment Management snapped up 158,187 shares of the Detroit-based car manufacturer on beha...