General Motors Company GM reportedly has around 20 million vehicles with defective airbag parts. Per The Wall Street Journal, the defect resulted in several injuries and two deaths. The government has asked to recall the vehicles
Shares of General Motors GM hit a three-year low yesterday, dropping below $30 per share during intraday trading, before closing the session at $30.31. The decline can be attributed to the historic United Auto Workers (UAW) strike
U.S. job growth surged in September, suggesting that the labor market remains strong enough for the Federal Reserve to raise interest rates this year, though wage growth is moderating.
Ford Motor Co. (NYSE: F) reported its best quarter ever for electric vehicle sales, but shares are still weighted down by the ongoing strike by United Auto Workers against the company.
Ford stock is down 20.34% in the past three months, but is retaining a year-to-date gain of 12
United Auto Workers President Shawn Fain is scheduled to say later on Friday whether recent intensified bargaining with the Detroit Three automakers has produced enough progress to forestall more walkouts.
United Auto Workers President Shawn Fain is scheduled to say later on Friday whether recent intensified bargaining with the Detroit Three automakers has produced enough progress to forestall more walkouts.
Australian billionaire Gina Rinehart is a step closer to being able to block Albemarle's $4.3 billion proposed takeover of Liontown Resources after increasing her stake again in the lithium miner.
U.S. job growth likely slowed moderately in September while the unemployment rate probably retreated from a 1-1/2-year high, underscoring the economy's underlying strength amid rising headwinds as the year winds down.
Toyota Motor Corporation TM and LG Energy Solution have signed a battery supply agreement. This agreement will help Toyota acquire lithium-ion battery modules from LG to power its battery electric vehicles (BEVs) planned to be ass
Rivian Automotive RIVN registered record battery electric vehicle (BEV) production and delivery numbers in the third quarter. The automaker produced 16,304 units, representing an uptick of 121% from the year-ago quarter. The compa
General Motors said on Thursday it had made a counter offer to the United Auto Workers (UAW) in a bid to end a strike by the union against the U.S. automaker.
U.S. National Highway Traffic Safety Administration (NHTSA) officials on Thursday told a public hearing the government should require the recall of 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive because they may rupture and send metal fragments flying.
Investors in Ford Motor Co. (Symbol: F) saw new options begin trading today, for the November 24th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new November 24th contracts and identified one put and one call c
The number of Americans filing new claims for unemployment benefits rose moderately last week, while layoffs declined in September, pointing to still-tight labor market conditions at the end of the third quarter.
The ongoing strike by the United Auto Workers (UAW) union continues to draw attention as it enters its 21st day. The UAW had initiated an unprecedented simultaneous strike against the Detroit 3 automakers — General Motors GM, Ford
The number of Americans filing new claims for unemployment benefits rose moderately last week, while layoffs declined in September, pointing to still-tight labor market conditions.
What happened
Shares of power semiconductor stocks crucial to the growth of electric vehicles, such as Aehr Test Systems (NASDAQ: AEHR), Axcelis Technologies (NASDAQ: ACLS), and Wolfspeed (NYSE: WOLF), all had tough months in September. The aforementioned stocks were down 10.4%,
The three China-based smart electric vehicle (EV) companies, NIO Inc. NIO, XPeng Inc. XPEV and Li Auto LI, recently announced the respective delivery updates for September and third-quarter 2023.NIO delivered 15,641 vehicles in Se
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