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GM board approves another $6 billion share repurchase as the automaker gains momentum
ABC News· 3 hours agoGeneral Motors approved another $6 billion share repurchase as the Detroit automaker continues to...
GM Stock Flashes Bullish Signal On Improving EV Profits, $6 Billion Share Buyback
Investor's Business Daily· 50 minutes agoGeneral Motors on Tuesday announced a $6 billion share repurchase plan after outlining $10 billion...
GM lowers EV production targets amid slow demand
Detroit Free Press via Yahoo Finance· 1 hour agoJacobson, who spoke Tuesday during the Deutsche Bank Global Auto Industry Conference, also said that GM will invest $850 million in its self-driving car...
Global Plug-In Car Sales Increased 25% In April 2024 To 1.2 Million
InsideEVs· 58 minutes ago1,221,181 new passenger plug-in electric cars were registered globally in April. The market share...
GM leverages Costco partnership in bid to boost EV sales in the US
Motor Finance via Yahoo Finance· 1 day agoCurrently, Costco members can receive a £1,000 incentive if they lease or buy a new 2023 or 2024...
GM's Barra touts gas-powered lineup, says customers will determine timing of EV transition
Detroit Free Press via Yahoo Finance· 7 days agoGM CEO Mary Barra said GM had its best EV sales month ever in May, but the company will offer...
GM CEO says commitment to all-electric fleet remains firm despite industry-wide sales slowdown
NBC News via Yahoo Finance· 7 days agoBut as we make this transformation, it’s going to happen over decades. And that’s why I couldn’t be...
Are GM and Ford Afraid of BYD?
247wallst.com· 4 days agoBYD aims to expand widely, despite opposition. America’s two largest car companies are far from ready to compete.
Ford CFO says growing dealer inventory 'worries me'
Detroit News· 2 hours agoFord Motor Co. on Tuesday issued a warning sign on rising dealership inventory levels across the industry. "It worries me that the stocks are building,"...
German supplier Schaeffler boosted by hybrid car demand in China, Europe
Detroit News· 4 hours agoSchaeffler AG is seeing greater demand for parts used in hybrid cars, a welcome boost for the German...
