#General Motors

Adirondack Daily Enterprise

Couple who died in camper fire remembered

The Saint Regis Mohawk tribal flag is flying at half-mast this week as the community mourns the loss of two powerful, generous and loved members of the Akwesasne and Fort Covington regions — Kerry Jacobs and Thomas Smiddy. Franklin County Coroner Shawn Stuart said Wednesday that the couple died in...
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Ford shareholders hit the accelerator too hard

MELBOURNE, Oct 28 (Reuters Breakingviews) - Ford Motor (F.N)handily beat its larger Motown rival in the feel-good stakes last quarter. General Motors (GM.N), despite surpassing analyst estimates for the most recent reporting period, suggested it might log disappointing earnings. in the three months to come, and shareholders knocked more than...
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Chip shortage puts the brakes on Volkswagen

FRANKFURT, Oct 28 (Reuters) - Volkswagen (VOWG_p.DE) cut its outlook for deliveries, toned down sales expectations and warned of job cuts as a shortage of computer chips caused Europe's largest carmaker to report lower-than-expected operating profit for the third quarter. The earnings showed the pressure that Volkswagen is facing as...
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Tesla EV sales boom in Singapore, pushing rivals' models off the streets

SINGAPORE (Reuters) - In wealthy Singapore, where new vehicle registration is tightly controlled to manage the city state’s traffic and pollution, Tesla Inc is having a moment: surging sales are gobbling up rivals’ market share. The buying frenzy in one of the world’s most expensive places to own a vehicle...
FOX 21 Online

Local Dealership Says There’s A Growing Demand for Electric Vehicles

DULUTH, Minn.- More people are going electric in the Northland. Local car dealerships are noticing an uptick in customers looking for electric vehicles, especially with more auto suppliers coming out with electric models, increasing gas prices, and the environmental benefits. “Been over the last couple of years, but there’s been...

Stocks fall as supply woes hit earnings, rate concerns weigh

TOKYO (Reuters) – Global stocks eased from record peaks as corporate earnings reports served as a stark reminder of current supply chain challenges, while investors also looked to upcoming central bank meetings to gauge whether policy tightening could come earlier. MSCI’s gauge of world stocks, ACWI, dipped 0.05% in Asia,...

Futures rise on positive earnings; GDP data awaited

Oct 28 (Reuters) - U.S. stock index futures edged higher on Thursday, led by gains in Caterpillar, Merck and Ford after upbeat quarterly earnings, while investors awaited data that will likely throw light on the pace of the economic recovery. The Commerce Department's advance gross domestic product report, due at...

Barra: GM Will "Absolutely" Catch Tesla In US EV Sales By 2025

Earlier this month, GM stated an ambitious goal to become the leader in EV sales in the US without providing a time frame for it. We now get to learn more about General Motors’ intentions from an interview with CEO Mary Barra. She said during CNBC’s "Squawk Box" that GM can “absolutely” catch Tesla in US sales of electric vehicles by 2025.
Auto Evolution

One-Off GMC Hummer EV Neiman Marcus Could Be Yours, if You’re Rich

It may be the end of October, but Neiman Marcus has just made it smell like Christmas with the one-off GMC Hummer included in their catalog. Having the potential of becoming the best holiday gift, it is up for grabs. And you know what they say, if you have to ask how much it costs, then you probably cannot afford it.

General Motors Plunges 5.4% Despite Exceeding Q3 Expectations

Shares of global carmaker General Motors Co. (GM) plunged 5.4% on Wednesday despite reporting better-than-expected third-quarter results. The strong performance was attributed to favorable pricing and strong mix performance in North America. Further, the company also recovered recall-related costs from their battery supplier and JV partner LG Electronics. Shares closed at $54.26 on October 27.

Eleven Republican Governors Oppose The New EV Tax Credits

The current administration wants to make it as easy as possible for United States citizens to replace their internal combustion cars with zero-emission electric vehicles. New legislation proposing increased EV tax credits is being pushed in Congress to encourage more people to buy EVs. However, some automakers and several Republicans are against those increased tax incentives.

New 2022 Chevy S10 Z71 Officially Launches In Brazil

After the officially confirming the model’s existence and having recently been captured undisguised, General Motors has just launched the new 2022 Chevy S10 Z71 in Brazil – the only country in the world that manufactures the company’s midsize pickup for the international market. The new off-road version of the S10 strengthens the competitiveness of the nameplate and meets the high demand for trucks in the Brazilian market.