Tag: General Motors

Stock Market Today: Dow Jones Holds Close With Earnings Rise

font size Facebook is the first US tech giant to announce earnings this week. Denis Charlet/AFP via Getty Images Stocks rose on Monday, as investors looked ahead to this week’s wave of corporate earnings. In…

Stock Market Today: Dow Jones Holds Close With Earnings Rise

font size Facebook is the first US tech giant to announce earnings this week. Denis Charlet/AFP via Getty Images Stocks rose on Monday, as investors looked ahead to this week’s wave of corporate earnings. In…

With subscriptions, carmakers mimic Netflix playbooks.

In 2021, credit. Card statements are loaded with the usual monthly payments: Netflix for video, Spotify for music, Xbox game pass for gaming, Piloton for Felton – as well as food kits, bars, and high-protein,…

GM sets ambitious revenue target, challenges Tesla with $30,000 electric SUV

General motors a company GM -0.75% On Wednesday, it set one of its most ambitious financial goals in years, telling investors it aims to double revenue by 2030 with the influx of new battery-electric models…

The Giant Battery Development Lab at the General Motors Building in suburban Detroit – CBS Detroit

WARREN, I. (AFP) General Motors says it is building a massive new electric car battery factory in Michigan where scientists will work on the chemistry to cut costs by 60% from existing vehicles and allow…

Hedge fund engine #1 underpins GM’s strategy on transitioning to electric vehicles

General Motors shares On Monday, trading closed 1.6 percent higher at $53.98. The stock was as high as $55.64 earlier. “The company’s early leadership in battery technology, along with Mary Barra and board leadership, is…

Lord Town Motors to sell factory to iPhone maker: reports

Image: Lord Town Lord Town Motors, which is trying to bring electric pickup trucks to market but. He is suffering from severe problems late., Plans to sell its factory to Foxconn, Taiwan’s largest manufacturer of…

Here is an update on Chevy Bolt Recall – CBS Detroit

(CBS Detroit) Updated alert for Chevy Bolt owners: General Motors now recommends that you park your vehicle at least 50 feet from other vehicles. All screws are still recalled due to the risk of fire…

Another blow to GM: Bolt EV tip is scary

font size Charging Bolt EV Courtesy of General Motors Last warning from General motors For Chevrolet Bolt EV owners, investors and drivers alike seem to be concerned. The stock fell 0.58% Thursday after owners were…

Here’s a summary of the latest production cuts as the chip crisis deepens

As the global chip supply continues to be throttled, some automakers have announced further declines. .

GM extends crossover cuts, resumes production of Silverado and Sierra

DETROIT — General Motors will extend production cuts at its midsize crossover and sedan plants next week due to an ongoing microchip shortage, but full-size pickup production will resume Monday, as planned. Next week, five…