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2 mins read

GM and Ford's gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV slowdown

Companies like GM and Ford can rely on hybrids and gas-powered cars to get through the EV slowdown.…

Nora Naughton   


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2 mins read

GM's plan to bring back hybrids is a win for dealers and shoppers

Hybrids are going to show up in GM's US lineup as EV demand slows.

Nora Naughton   


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1 min read

Apple's earnings power is once again being overlooked by investors, positioning the stock for 28% upside, BofA says

In 2018, Wall Street estimated Apple would see profit margins of about 39% in 2023. Margins were in…

Matthew Fox   


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2 mins read

GM's CEO said 2023 would be 'a breakout year' for EV production. But demand has fallen sharply.

After pledging to spend $35 billion on development from 2020 to 2025, this year was meant to be "a …

Polly Thompson   


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1 min read

GM plunges 8% as $1.3 billion in recall costs lead to 2nd-quarter earnings miss

The auto maker raised its 2021 operating profit view and revenue more than doubled in the second qu…

Carla Mozée   


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5 mins read

Striking auto workers are highlighting their CEOs' multi-million dollar pay. Here's how much the top bosses at Ford, GM and Stellantis make

GM CEO Mary Barra's compensation was worth $29 million in 2022, while Ford CEO James Farley receive…

Associated Press   


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3 mins read

If automakers like Ford and GM want to catch Tesla, they'll have to offer fewer options on your new car

Ford could reduce options by 90% in a bid to be more competitive, while GM might slash choices by 5…

Alexa St. John   


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2 mins read

General Motors leaps 7% after 3rd-quarter earnings double analyst expectations

Strong truck and SUV sales in North America and China helped pull GM out of its virus-induced slump…

Ben Winck   


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1 min read

GM's robotaxi startup is heading to two more Texas cities, claiming more space in Tesla's backyard

While Cruise and others expand driverless offerings, Tesla has struggled to deliver completely driv…

Nora Naughton   


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2 mins read

Retail investors can soon own a piece of 'Shrek' music royalties and earn payouts as streaming revenue erupts

Trading platform Public will offer 88,970 shares in the "Shrek" music rights for $10 each.

Filip De Mott   


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2 mins read

Tesla stock's sizzling rally won't last as old-guard rivals like Ford and GM pile into the EV space, analyst says

Tesla shares have jumped 109% year-to-date, but Wall Street giants including Goldman Sachs are now …

George Glover   


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2 mins read

'It's just a plug': A rival EV CEO isn't sold on Tesla's charging tech even as giants like Ford and GM sign on

"What we're really comparing is, is it a screw cap or is it a cork on the bottle, not the quality o…

Alexa St. John   


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2 mins read

Ford and GM have more cars on lots than Toyota or Lexus as inventory remains scarce

Auto dealers had more inventory in January than they did this time last year. That's good news for …

Alexa St. John   


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6 mins read

Taco Bell, Chipotle, and other chains pay managers as much as $180,000. Here's what it takes to land a high-earning fast-food job.

Fast-food chains such as Chipotle, Taco Bell and In-N-Out are paying some general managers more tha…

Nancy Luna   


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1 min read

GM beats Wall Street expectations for Q2 earnings even as coronavirus hits revenue hard

The carmaker said that vehicle sales in the quarter declined 34%. North American operations achieve…

Matthew DeBord   


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3 mins read

'One of the most important earnings calls in its history': Here's what Wall Street expects from Tesla's 4th-quarter earnings

"Tesla's drastic price cuts are we think positive for the consumer, negative for Tesla, and negativ…

Matthew Fox   


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1 min read

GM manages a Q1 profit as the coronavirus pandemic hurts the automaker's global business

COVID-19 hurt GM's business internationally, but in North America, SUV and pickup sales drove a pos…

Matthew DeBord   


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2 mins read

Don't expect price cuts on GM's $100,000 electric Hummer, despite EV discounts from Tesla and Ford

GM doesn't expect to cut prices for its own electric cars like the GMC Hummer EV or Cadillac Lyriq,…

Alexa St. John   


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2 mins read

GM and Ford are warning investors of billions in lost earnings this year due to the global chip shortage

GM posted healthy profits for 2020, but warned that it stands to lose billions in earnings as the c…

Tim Levin   


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1 min read

Tesla's Model 3 is the most American electric car you can buy

The Tesla Model 3 sedan gets 65% of its parts from the US or Canada, while just 15% of the Ford Mus…

Tim Levin