A Ford Bronco on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT — Ford Motor is leading a decline in major U.S. automotive stocks this week amid disappointing results and investor skepticism around future performance.Shares of Ford were off by more than...
The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT – Ford Motor is set to report second-quarter earnings after the markets close Wednesday.The Detroit automaker's results are expected to be relatively healthy, although down from the second quarter of 2023 and...
GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland / CNBCDETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand's first...
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023.Brandon Bell | Getty ImagesDETROIT — General Motors is set to report second-quarter results before the bell Tuesday.Wall Street expects GM to be the standout among the traditional...
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — Wall Street expects General Motors to be the standout among the traditional Detroit automakers when they report second-quarter results this week, with sales and vehicle prices stable during the first half of...
2023 Ford Super Duty F-350 LimitedFordDETROIT – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub.The new plans include investing about $3 billion to expand Super Duty production, including $2.3 billion...
2025 Cadillac Escalade V-Series SUVCadillacDETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the 2025 model year.The new SUV features a standard 55-inch diagonal display across the dash, including a passenger-only screen; an "executive package"...
GM CEO and Chair Mary Barra speaks during an "EV Day" on March 4, 2020, at the company's tech and design campus in Warren, Michigan, a suburb of Detroit.GMGeneral Motors' goal of being capable of producing 1 million all-electric vehicles in North America by the end of 2025 in...
Vehicles are offered for sale at a GM dealership on June 20, 2024 in Lincolnwood, Illinois. Scott Olson | Getty ImagesDETROIT – General Motors reported its best quarterly sales in more than three years, including notable increases in full-size pickup trucks and all-electric vehicles.The Detroit automaker on Tuesday reported sales...
GM launched 'EV Live,' a free online platform that connects electric vehicle owners or consumers who have questions about zero-emissions cars and trucks with an expert who can answer them.Courtesy: GMDETROIT — Purchasing a vehicle has never been that easy. But shoppers entering traditional dealer showrooms for the foreseeable...