In a significant move, General Motors has laid off around 1,700 workers at its Michigan and Ohio plants due to a slowdown in the electric vehicle market. The company aims to realign its EV capacity amid evolving regulations and declining consumer incentives.
In a bold move, General Motors announces a suite of AI-driven technologies, including a hands-free driver-assistance system and a Google-powered in-car assistant, aiming to transform the driving experience by 2028.
Stocks held steady on Tuesday as investors digested earnings reports, with GM soaring 12% after raising its guidance. As earnings season unfolds, all eyes are on Netflix and Tesla's upcoming reports.
General Motors is gearing up to release its Q3 earnings, with analysts predicting a significant revenue drop. Amid challenges in the automotive sector, experts express concerns over GM's future performance.
Tesla and GM are leading the charge in U.S. EV sales, with record numbers achieved just before federal incentives ended. Discover how the market is shifting and what it means for the future of electric vehicles!
As the $7,500 federal tax credit for electric vehicles nears its end, sales have surged. But what does the future hold for EVs? Analysts predict a significant downturn as automakers shift focus back to gas-powered cars.
Lithium Americas' stock skyrocketed by over 100% as the Trump administration proposes an equity stake in the Canadian mining firm amid negotiations for a $2.2 billion loan for its Thacker Pass project, crucial for electric vehicle batteries.
In a surprising move, President Trump announces a 19% tax on imports from the Philippines, following a meeting with its president. This tariff is part of a larger trade agreement that could reshape economic ties and military cooperation between the two nations.
In a bold move, President Trump signs three resolutions to dismantle California's electric vehicle mandate, claiming it threatens the auto industry. This controversial decision has sparked outrage from state officials and environmentalists alike.
General Motors announces a groundbreaking $4 billion investment to shift production from Mexico to the U.S., revitalizing American jobs and manufacturing. Discover how this strategic move aligns with rising SUV demand and trade policies.
