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Fintel reports that on April 15, 2025, Barclays downgraded their outlook for General Motors (NYSE:GM) from Overweight to ...
If GM succeeds, it can achieve around $100 per kWh, a 50% price reduction compared to battery costs in 2023, and possibly even undercutting Tesla. For context, the average pack cost in China is $94 ...
Shares of U.S. automakers jumped Monday afternoon amid speculation the companies could receive some relief from President ...
GM CEO Mary Barra hinted at this shift during an earnings call earlier this year, emphasizing the company’s capacity to adapt ...
Compensation for the CEO spiked about 6% last year due to the company reaching several performance targets and achieving ...
General Motors has temporarily halted production of its BrightDrop electric delivery van as the automaker will initiate ...
Legacy automaker General Motors (GM) just hit a slick spot on the road to success, and started to spin out. A planned layoff ...
Experts have said short pauses aren't likely to give carmakers enough of an opportunity to adjust their vast global supply chains, though parts exemptions would certainly bolster the industry amid ...
Automaker stocks edged higher Monday after President Trump said he might put in place measures that would help some car companies, shortly after announcing a tariff exemption for tech products.
Canada's subsidiary of General Motors said on Friday that it is temporarily halting production and cutting staff at an ...
GM will initiate temporary layoffs starting April 14, Unifor said, and workers will return in May for limited production. It said the company informed it production would then be halted until October, ...