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U.S. stock futures rise despite concerns over the impact of the various trade disputes being waged by the White House; Fiat Chrysler pulls out of merger talks with Renault; Five Below's earnings beat analysts' estimates but the discount retailer says the threat of additional tariffs on China-made goods could mean price increases.
General Motors has been denied an exemption to the Trump administration's 25% tariff on its Chinese-produced midsize SUV.
DETROIT, June 4, 2019 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today at its annual meeting of shareholders the preliminary results of voting, representing 90 percent of shares eligible to be voted.
MONTREAL, June 4, 2019 /PRNewswire/ -- Michelin and General Motors presented a new generation of airless wheel technology for passenger vehicles — the MICHELIN Uptis Prototype (or "Unique Puncture-proof Tire System") — at the Movin'On Summit for...
Stocks closed at session lows Friday after President Trump says he would impose tariffs on Mexican imports if it doesn't help stop what he describes a wave of illegal immigrants from Central America.
President Donald Trump's move to slap tariffs on goods imported from Mexico into the United States hammered the stocks of automakers Friday as investors counted the cost of price increases on one of the world's biggest car-production markets.
Kenny Polcari, managing principal at Butcher Joseph Asset Management, weighs in on how retail investors with exposure to auto stocks can protect themselves, what he expects from the next Fed meeting and other potential market catalysts.
U.S. stock futures fall sharply following a surprise move by Donald Trump to slap tariffs on U.S. imports from Mexico; automakers General Motors and Ford are hammered on Trump's Mexico tariff threat; Uber posts a $1 billion loss in its first quarter; Gap sinks after cutting its fiscal-year forecast.
Waymo is expanding its autonomous driving tests for semi trucks, another way the company is advancing in the self-driving technology race.
LAKE FOREST, Ill., May 30, 2019 /PRNewswire/ -- Tenneco Inc.
When traders are flailing and investors are drowning, examples work best to illustrate what happens before a bottom is reached.
China dominates the supply of rare earth materials necessary for powering electric vehicles. This has enormous implications for what kind of cars we want to rely upon, in order to keep America safe.
Both Washington and Beijing have no shortage of options for inflicting major economic damage on the other party. That provides some reasons to think a near-term truce will eventually be reached, even if there are long-term consequences to this fight.
Auto-dealer inventories, especially for light trucks and SUVs, are so high in historical terms that they're likely to provide a drag on the U.S. economy this year, Bank of America economists warn in a new report. Vehicle manufacturers like Ford and GM may have have to slow down their assembly lines.
Fiat Chrysler stock is jumping on a potential merger with Renault. Here's a look at key trading levels.
The agreement will augment GM's previously announced plan to introduce 20 new electric vehicle models by 2023, a report says.
Fiat Chrysler submits a proposal to merge with Renault, creating the world's third-largest carmaker if the deal goes through. What does this mean for General Motors and Ford? Jim Cramer weighs in.
Company recognized for fourth consecutive year for commitment to performance, quality and innovation
Jim Cramer discusses the latest on U.S.-China trade relations, FedEx's mishandling of Huawei packages, and the proposed Fiat Chrysler-Renault merger.
Jim Cramer zeros in on the latest with the U.S.-China trade deal, FedEx's apology for mishandling Huawei packages, and the Fiat-Renault merger proposal.
These are the cars, SUVs, sports cars and light-duty trucks that owners are most likely to give up within a year of ownership.
Renault shares slipped lower Tuesday after the French government said it needed job and board seat guarantees in order to support a proposed $35 billion tie-up with Italy's Fiat Chrysler to create the world's third biggest carmarker.
Facebook, Google and Netflix have sold off since Trump initiated new tariffs. But should they have?
READING, Pa., May 23, 2019 /PRNewswire/ -- Penske Logistics has been honored by General Motors with the 2018 Supplier of the Year and 2018 Overdrive Awards at a recent ceremony in Warren, Michigan.
Trying to invest in disruptive technologies can disrupt your personal wealth - keep shorting Tesla and Uber.
Instead of earning a profit from selling vehicles, the mobility model captures a service fee based on passenger miles driven. Waymo is really about the algorithms that turn sensor data into actionable instructions based on machine learning and AI, areas where Google excels.
The story of the much-vaunted electric carmaker is beginning to unravel, which makes buying the big dip in its shares a dicey proposition.
Following their recent tumble, the risks and potential rewards presented by Tesla's stock might finally be in balance, or at least close to it.
SOUTHFIELD, Mich., May 21, 2019 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in seating and electrical and electronic systems, today announced it was named a GM Supplier of the Year and received the Overdrive Award...
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