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GM’s Wall Street vindication is happening as it outperforms its peers in 2024

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is proving it’s a standout among automakers this year as it continues to consistently outperform Wall […]

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Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal

Business News

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images DETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are “impossible” to meet and, if they’re not changed,

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Lucid slightly tops Wall Street’s third-quarter expectations amid widening losses

Business News

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Lucid Group slightly beat Wall Street’s third-quarter expectations as the electric carmaker cuts costs ahead of plans to begin consumer production of a new SUV by the end of

Lucid slightly tops Wall Street’s third-quarter expectations amid widening losses Read More »

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

Business News

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Rivian Automotive lowered its earnings forecast for the year after missing Wall Street’s third-quarter expectations, including a significant miss in revenue. Here’s how the company performed in the quarter, compared with

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Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids

Business News

A staff member checks a Bentayga SUV on the Bentley production line at its factory in Crewe, England, on Dec. 7, 2022. Phil Noble | Reuters Bentley Motors is once again pushing back a target to exclusively offer all-electric vehicles, with plans to continue leaning into plug-in hybrid electric vehicles until at least 2035. The

Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids Read More »

Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio

Business News

A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio. The company, which has been

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Foreign automaker stocks slide on Trump tariff fears

Business News

Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign town hall meeting, moderated by Arkansas Governor Sarah Huckabee Sanders, in Flint, Michigan, U.S., September 17, 2024. Brian Snyder | Reuters DETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will

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What Trump’s election to White House could mean for EVs

Business News

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – President-elect Donald Trump’s victory over Vice President Kamala

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Striking Boeing machinists vote on union-backed contract proposal, this time with a warning

Business News

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024. David Ryder | Reuters Boeing‘s more than

Striking Boeing machinists vote on union-backed contract proposal, this time with a warning Read More »

Singapore Airlines will add first class, revamp cabins for longest flights

Business News

Singapore Airlines new business-class seats. Courtesy: Singapore Airlines Singapore Airlines is planning to add a four-seat first class to the Airbus aircraft it uses for its longest routes, a bet to attract high-spending travelers to flights that can top 17 hours. The carrier will add the new seats to seven Airbus A350-900 URLs, or ultra-long-range

Singapore Airlines will add first class, revamp cabins for longest flights Read More »

GM’s Wall Street vindication is happening as it outperforms its peers in 2024

Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal

Lucid slightly tops Wall Street’s third-quarter expectations amid widening losses

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids

Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio

Foreign automaker stocks slide on Trump tariff fears

What Trump’s election to White House could mean for EVs

Striking Boeing machinists vote on union-backed contract proposal, this time with a warning

Singapore Airlines will add first class, revamp cabins for longest flights

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