Tag: General Motors Co
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Toyota to invest $3.6 billion to move Tacoma pickup truck production from Mexico to Texas
Toyota said it is investing $3.6 billion to move production of the Tacoma midsize pickup truck from Mexico to its San Antonio manufacturing campus in Texas.
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Ford Q2 sales drop 10.3% due to F-Series supplier issue, falling EV demand
Ford said its EV sales fell by 40.7% during the quarter compared with a year earlier, while sales of its F-Series trucks, including the F-150, fell 11%.
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Ford CEO wants level playing field with Toyota, GM imports as USMCA trade talks reopen
Ford reports it assembled more than 2 million vehicles in the U.S. last year – more than any other auto manufacturer, including 311,000 units for export.
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The $20,000 new vehicle is all but extinct—what the most affordable new car looks like now
Why the $20,000 new car disappeared, and what budget-conscious buyers can expect today.
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GM reports 4.2% decline in Q2 U.S. sales as EV demand falls
General Motors’ second-quarter U.S. sales fell 4.2% as year-over-year demand for its all-electric vehicles and Chevrolet Silverado pickup trucks declined.
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Morgan Stanley says salt is the new oil. Here’s why and how to play it
Salt can become as sought-out as oil amid a boom in demand for sodium-ion batteries, according to the firm.
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A ‘perfect storm’ points to a much smaller U.S. auto market by 2040
The auto industry is selling fewer cars–one forecaster says this is a fundamental change, and it is going to get worse.
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Value investor Bill Nygren sees opportunity in beaten-down Salesforce
Nygren said Salesforce is trading at a “double-digit free cash flow yield” despite continuing to grow and positioning itself to benefit from AI.
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GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling
The new GMC Sierra trucks are crucial to GM’s sales and earnings, especially highly profitable luxury Denali and off-road AT4 models.
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Toyota is gaining on General Motors in U.S. sales, according to new forecast
Toyota has notably leaned into hybrid vehicles while GM and others bet on all-electric vehicles, which saw lower-than-expected adoption from consumers.
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