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Ford, GM stock rallies hang in the balance as earnings kick off

Quarterly earnings -- Ford reports after market close Wednesday and GM next week -- will leave investors and analysts balancing the companies’ gas-car-fueled performance at the start of the year against their outlook for all of 2021......»»

Category: topSource:  autonewsApr 28th, 2021

Apple may have just killed this 16-year old Mac product

The Apple SuperDrive is now out of stock across the whole world, and it doesn't seem like it's coming back......»»

Category: topSource:  digitaltrendsRelated NewsOct 11th, 2024

GM touts broad profitability to build investor confidence amid EV shift

CFO Paul Jacobson said GM expects flat financial results in 2025 even if pricing declines and that the automaker's outlook should inspire confidence about its earnings potential......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Top 5 stories of the week: Stellantis executive shuffle; GM expects to pare EV losses

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Column: Jaguar Land Rover owes its survival to Ratan Tata"s "singular vision"

Ratan Tata's "mind boggling" vision for Jaguar Land Rover gave the struggling British automaker a future after Ford Motor decided to sell it......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

The Hunt for Life on Europa Is About to Kick Up a Gear

NASA’s Europa Clipper mission is set for launch, finally revealing if this icy moon of Jupiter is habitable or not......»»

Category: gadgetSource:  wiredRelated NewsOct 11th, 2024

Stellantis troubles pile up amid criticism from dealers, UAW, shareholders

Sales and earnings are down as the company wages a global cost-cutting crusade that has included layoffs, buyouts and engineering hires in low-cost countries......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

GM says simplifying gasoline vehicles has made them more profitable

Earnings from the Chevrolet Trax subcompact crossover have increased roughly 20 percentage points over the previous model, General Motors President Mark Reuss said......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time

In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an increase of 61 percent and 53 percent of the company's overall China sales. .....»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Next-gen Chevrolet Bolt EV to be part of vehicle ‘family," GM says

GM President Mark Reuss said the Bolt will return for the 2026 model year with updated technology and faster charging than the original......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Nissan joins ChargeScape, a way for EV owners to sell watts back to the grid

Nissan is joining ChargeScape, a vehicle-to-grid (V2G) venture backed by BMW, Ford, and Honda. The launch comes ahead of Tesla's expected V2G adoption in 2025......»»

Category: topSource:  digitaltrendsRelated NewsOct 9th, 2024

GM ditches failed Ultium battery branding as its EV sales soar

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Ratan Tata, patriarch of biggest Indian conglomerate who bought JLR from Ford, dies at 86

The visionary businessman transformed one of India's oldest conglomerates into a global empire through a string of eye-catching deals including the purchase of Jaguar and Land Rover from Ford in 2008......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

North America can seize EV leadership from China, GM battery chief says

The U.S. can seize global leadership on electric vehicle batteries as the customer base for EVs grows, said Kurt Kelty, General Motors' vice president of batteries......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

General Motors is ditching Ultium branding for its EV batteries

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Stellantis holds off on megacasting championed by Tesla and Volvo

The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it.  .....»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Stellantis holds off on megacasting, championed by Tesla and Volvo

The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it.  .....»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Ford moves into Michigan Central Station as it looks to harness ‘entrepreneurial spirit’

Ford Motor Co.’s first 500 workers have moved into Michigan Central Station, and the automaker plans to double that number by the end of the year......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

GM expects lower EV losses in 2025, will drop Ultium name

GM executives did not say if EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of progress in GM's EV strategy......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Ford moves in to Michigan Central Station as it looks to harness ‘entrepreneurial spirit’

Ford Motor Co.’s first 500 workers moved into Michigan Central Station this week, and the automaker plans to double that number by the end of the year......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

GM plans $145M battery cell plant in suburban Detroit

Construction is expected to start next month at GM's Global Technical Center campus in Warren, Mich. Cell production is expected to start in 2027......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024