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GM and Ford stocks drop
Ford, GM Stocks fall 3% After Jeep Maker Stellantis Warns About China Competition
Ford and General Motors stock fell after rival car maker Stellantis revised down its 2024 financial guidance, citing deteriorating industry dynamics and Chinese competition. Ford shares fell 3.2% to $10.
GM and Ford stocks drop after Jeep owner Stellantis cuts profit view
General Motors Corp.’s stock was down nearly 4% and Ford Motor Co. fell 3.1% in premarket trading on Monday after Jeep owner Stellantis NV warned it’s facing increased competition from Chinese auto makers and lower wholesale shipments.
Global Car Stocks Fall After Jeep Maker Stellantis Cuts Guidance
Global car stocks dropped after Jeep maker Stellantis and U.K. luxury carmaker Aston Martin joined Volkswagen and others in cutting earnings forecasts, signaling a worsening industry outlook. Stellantis—which houses brands such as Chrysler,
1h
Automotive Software Digital Marketplace Opens, Backed By GM, Suppliers
Backed by General Motors, Magna and WiPro, SDVerse, the first digital auto software marketplace opened Monday aiming to reduce time, costs for software defined vehicles.
autoevolution
3h
GM Recalls Chevy Colorado, GMC Canyon Trucks Over Insufficiently Tightened Bolt
A small number of 2023 – 2024 Chevrolet Colorado and mechanically similar GMC Canyon trucks have been hit with a safety ...
The Information
1h
Exclusive From The Electric: Inside GM’s Do-Over
Last November, Ed Duby took over battery production at General Motors. He found an effort in crisis: The company was on track ...
GM Authority
8h
GM Files Patent For Deployable Handicap Vehicle Alert Sign
GM has filed a patent application for a selectively deployable handicap alert system for a vehicle, which could enhance ...
2d
GM, Ford Shares’ Great Revival Stalls as China Threat Brews
It was expected to be the comeback year for the shares of century-old carmakers, General Motors Co. and Ford Motor Co., but a ...
3d
on MSN
GM is ready to let go of scores of factory temps due to a disagreement with local UAW
"The only way they are hireable (per the UAW contract) is if they become full-time temps for nine consecutive months," ...
GM Authority
2d
GM Not Resurrecting Chevy Bel Air, Don’t Believe The Rumors
Rumor has it GM is planning to bring back the iconic Chevy Bel Air for the 2025 or 2026 model years. While the idea is ...
6d
New US rule would require GM, Ford to halt imports of cars they build in China, official says
General Motors and Ford Motor would need to stop importing vehicles to the U.S. from China under a proposed rule cracking ...
23h
Relationship Between Doug Pederson, Trent Baalke “Strained”; Latest On Jaguars’ HC, GM
Earlier this week, it was reported that Jaguars head coach Doug Pederson’s job could soon be in jeopardy given his ...
2d
on MSN
Nationals GM Mike Rizzo says long-term view of CJ Abrams is unchanged despite demotion
Washington Nationals general manager Mike Rizzo says his long-term view of CJ Abrams has not changed after the team’s ...
3h
on MSN
Mazda, Toyota, Harley-Davidson, GM among 224,000 vehicles recalled: Check car recalls here
The NHTSA recently announced recalls for 224,881 vehicles. This includes Mazda, Toyota, Harley-Davidson, Mercedes-Benz, ...
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