Wednesday, 5 February 2025

Focus on General Motors Company

Cadillac unveils the new Cadillac XT4 SUV in advance of the New York Auto Show in the Manhattan borough of New York City, New York, U.S., March 27, 2018. Picture taken March 27, 2018. REUTERS/Amir Levy/File Photo
BusinessElectric Vehicles (EVs)News

GM ending production of Cadillac XT4 SUV as it shifts to EVs

GM to end gas-powered Cadillac XT4 production in January, shifting Kansas plant focus to next-gen Chevy Bolt EVs.

FILE PHOTO: U.S. power chip maker Wolfspeed’s silicon carbide 200mm wafer is seen on display at Wolfspeed’s Mohawk Valley Fab in Marcy, New York, U.S., April 2022. REUTERS/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink

Shares of the company, which counts General Motors and Mercedes-Benz among its customers, fell 15 per cent in extended trading.

FILE PHOTO: Lyft logo is seen in this illustration taken June 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveAviationBusinessElectric Vehicles (EVs)NewsTransport

Lyft inks deals with Mobileye, others to bring robotaxis to ridehail platform

Lyft partners with Mobileye, May Mobility, and Nexar to advance self-driving taxis and compete with Uber in the robotaxi market.

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. .  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsRegulations

GM recalls 107 Bolt vehicles over fire risk

GM recalls 107 Bolt EVs over fire risk after diagnostic software issue; owners urged to limit charging and follow safety steps.

News ReleaseNews

EzFill Fueling up to Expand Nationally Enters into LOI for the Acquisition of Yoshi Mobility’s Fuel Division

Plans to Begin Operations in Four New States, Expanding Reach Across the U.S. Miami, FL, Nov. 04, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings...

FILE PHOTO: A Ford F-150 pickup truck is seen on the assembly line at Dearborn Truck Plant in Dearborn, Michigan, U.S.  April 11, 2024.  REUTERS/Rebecca Cook/File Photo
AnalysisAutomotiveContracts for DifferenceElectric Vehicles (EVs)

Ford investors impatient for the automaker to rev up efficiency efforts

Ford stock dropped 8% this week as quality and cost issues raise concerns over CEO Farley’s efficiency plans and lagging EV goals.

FILE PHOTO: Ford cars are displayed at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30, 2022. REUTERS/Athit Perawongmetha/File Photo
News

Ford shares fall 6% as supply snags and costs hurt profit forecast

Ford shares fall 7.3 per cent after the automaker tempers its full-year profit forecast, blaming supplier disruptions and warranty costs.

FILE PHOTO: A Polestar logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)ManufacturingNewsPoliticsTrade

Biden proposal would ‘effectively prohibit’ sale of Polestar cars in US, automaker says

Polestar stated that a proposed Biden rule banning Chinese vehicle tech would "effectively prohibit" its sales in the US.

FILE PHOTO: A Ford F-150 pickup truck is seen on the assembly line at Dearborn Truck Plant in Dearborn, Michigan, U.S.  April 11, 2024.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)ManufacturingNewsTrade

Automaker Ford weakens profit outlook, shares fall

Ford Motor expects to meet only the lower end of its profit guidance, forecasting $10 billion in earnings, as shares drop five per...

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Battery maker LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit

The company also expects the result of the U.S. election next week to have a significant impact on EV market direction, its CFO...

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