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High days' supply among certain brands pushes up industry average despite healthy April sales
CBT News· 1 hour agoThis rise was primarily driven by brands with over 100 days’ supply, notably Stellantis’s Jeep and...
Zacks Industry Outlook Highlights General Motors and Blue Bird
Zacks via Yahoo Finance· 2 days agoDriven by GMNA's market strength, cost-reduction efforts and focus on improving EV business sales...
Consumer interest in EVs just dropped for the first time in 3 years
Yahoo Finance via AOL· 24 hours agoThe company has since begun hiring some of the employees back. Automakers like GM, Ford, Kia,...
Rivian laying off 92 employees at Orange County facilities
Orange County Register· 7 days agoIrvine-based Rivian Automotive is laying off 92 people at several Orange County facilities,...
It’s a Great Time to Shop for an Electric Vehicle: Report | Cars.com
Cars.com· 1 day agoBetween incentives, price cuts and high inventory levels, a new report from Cars.com indicates it’s definitely a buyer’s market for electric vehicles.
Cisco Systems Inc (CSCO) Q3 2024 Earnings Call Transcript Highli
Guru Focus· 2 days agoTotal Revenue: $12.7 billion, down 13% year-over-year.Net Income (Non-GAAP): $3.6 billion, down 14%.Earnings Per Share (Non-GAAP): $0.88, down 12%.Gross Margin
Morgan Stanley says these stocks could win as U.S.-China trade tensions resurface
CNBC· 2 days agoThe Biden administration's decision to impose tariffs on $18 billion worth of imports from China...
Detroit killed the sedan. We may all live to regret it
Fast Company Magazine· 4 days agoOver the past 60 years, GM produced some 10 million of them. With a price starting at a (relatively)...
How Biden is outflanking Trump on China trade, clean energy and climate change
The Hill· 3 days agoWhen it comes to China, President Biden is taking a series of actions to explicitly contrast his...
Foley Automotive Update - May 2024 - 2 | JD Supra
JD Supra· 1 day agoFoley & Lardner and MEMA Original Equipment Suppliers will host a Mobility Supplier Forum on May 22 and 23 in Silicon Valley. The Mobility Supplier Forum is open to automotive industry suppliers ...