Top US automakers Ford (F) and General Motors (GM) are facing possible pressures from the Trump administration over proposed tariffs that could hit auto imports from North American neighbors Mexico and Canada.
GM announced a record-setting profit-sharing bonus for workers. GM's CEO says there’s some uncertainty over the trade, tax, and environmental regulations involving the Trump administration. DETROIT (FOX 2) - 2024 was a big year for General Motors (GM), which the automaker announced may lead to an increase in money for its union workers.
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.
General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs.
Stellantis topped Ford in the number of recalls in 2024. Tesla topped Ford in the number of vehicles recalled in 2024. Ford's Initial Quality score jumped 14 ranks, per J.D. Power. Looking at the numbers a different way,
Ford Motor Company ( F -0.39%) investors have had plenty of negative news to digest recently. 2024 was a bumpy ride as Ford had to grapple with higher warranty costs, advanced electric vehicles taking over the market in China, and crosstown rival General Motors seemingly thriving and raising guidance at every opportunity.
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, continues its growth.
General Motors CEO Mary Barra has said she hopes tariffs can be avoided, as Mexican President Claudia Sheinbaum has signaled that authorities are "working and holding conversations to take the necessa
Shares of General Motors rose Tuesday after Deutsche Bank analysts upgraded the stock, citing the automaker's recent strategic moves like shuttering its Cruise robotaxi program.
Or you might stick with the mainstream autos you know and mostly love, Ford Motor Company and General Motors. Here's what makes Ferrari one of the best stocks to own right as it's about to kick off its EV strategy.
Deutsche Bank upgraded General Motors (GM) to Buy from Hold with a $60 price target into the Q4 report. The firm cites GM’s recent strategic
As General Motors and Ford gear up to report their fourth-quarter results, let's see how expectations stack up and which stock looks a better bet now.