Triple Eight Race Engineering will make the blockbuster switch from General Motors to Ford for the 2026 Supercars season. Ford says “it is planned” that Triple Eight will take over homologation duties from the struggling Dick Johnson Racing next season.
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.
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.
Powerhouse Supercars team Triple Eight Race Engineering has revealed it is defecting from General Motors and joining Ford Performance in a shock new partnership. Triple Eight will assume the role of Ford’s Supercars Homologation Team from 2026 onwards, taking over from the underperforming Dick Johnson Racing team.
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.
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.
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.
Triple Eight Race Engineering, General Motors’ and the sport’s most successful Supercars team, is returning to Ford from next year as Toyota also joins the field with Walkinshaw-backed Supra. The Supercars Championship’s most successful team is ditching the Camaro for the Mustang,
A shellshocked General Motors has responded to Triple Eight's defection to Ford by issuing an eyes-forward statement.
General Motors has responded to Triple Eight Race Engineering's decision to switch to Ford in 2026, in a switch that has made global headlines. Confirmed Friday, Triple Eight will return to Ford in 2026, 17 years after the team switched to Holden Commodores and, later, Chevrolet Camaros.
A front view of a Ford Mustang Supercar in Triple Eight Rae Engineering's Red Bull Ampol colours. The shock defection