General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs.
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.
GM announced a record-setting profit-sharing bonus for workers. The profit-sharing amount is much larger than in the past two years, amid workforce cuts. Scott Bessent confirmed as Treasury secretary, giving him a key role in extending Trump's tax cuts
While Chrysler Corporation has yet other import any vehicles from China for the U.S. market, it is far from the most “made in the USA” of the Detroit Three.
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall transaction price near a record.
Shares of General Motors rose Tuesday after Deutsche Bank analysts upgraded the stock, citing the automaker's recent strategic moves like shuttering its Cruise robotaxi program.
General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts expecting a double-digit growth in pro
Deutsche Bank upgraded General Motors (GM) to Buy from Hold with a ... top stocks recommended by analysts >> Read More on GM: Ford Motor NewsMORE Related Stocks Indices Commodities Currencies ...
As General Motors and Ford gear up to report their fourth-quarter results, let's see how expectations stack up and which stock looks a better bet now.
Ford is recalling more than 149,000 vehicles because of issues with the rear shock absorbers, according to the National Highway Traffic Safety Administration. For a complete list of recalled vehicles or to see if your car needs repairs, check the NHTSA website.
When you think of the next big electric vehicle (EV) stock, you might think of those vying to be the next Tesla, such as Rivian Automotive. Or you might stick with the mainstream autos you know and mostly love,
Ford Motor Company ( F -0.39%) investors have had plenty of negative news to digest recently. 2024 was a bumpy ride as Ford had to grapple with higher warranty costs, advanced electric vehicles taking over the market in China, and crosstown rival General Motors seemingly thriving and raising guidance at every opportunity.