GM EV Plans Trigger Over 1,000 Job Cuts
24/7 Wall St. Insights General Motors Co. (NYSE: GM | GM Price Prediction) reportedly will cut hundreds of jobs to increase its bet on an EV-driven future. Also: Dividend legends to hold…
24/7 Wall St. Insights General Motors Co. (NYSE: GM | GM Price Prediction) reportedly will cut hundreds of jobs to increase its bet on an EV-driven future. Also: Dividend legends to hold…
The Federal Reserve finally acted and the markets are rejoicing. Following an unprecedented series of 11 interest rate hikes between March 2022 and July 2023 that took the Federal Funds Rate from…
Ford faces production issues and other challenges. yet, is now the time for investors to scoop up the automaker's shares?
24/7 Wall St. Insights Ford Motor Co. (NYSE: F | F Price Prediction) CEO Jim Farley says he sees the Chinese car industry as an “existential” threat to the company he leads.…
24/7 Insights China has the most billionaires in the world. There is no common industry among the wealthiest people in China. China’s wealthiest billionaire is ranked 30 on the Forbes list. Also:…
The first woman to ever be a CEO, Katharine Meyer Graham of The Washington Post, was in 1972. To put this in perspective, the role of “Chief Executive Officer,” was used in…
24/7 Insights Brands like Canoo and Lucid may not survive till 2030. Longstanding brands like Buick need help to survive. Questions remain about whether Rivian can make it another ten years. Also:…
24/7 Wall St. Insights General Motors Co. (NYSE: GM | GM Price Prediction) stock has outperformed the broader markets this year That may be because it looks better in several ways than…
24/7 Insights There is a mix of luxury and non-luxury models on this list. Mercedes has an issue selling used electric vehicles. The longest a used vehicle sits on a dealer lot…
24/7 Insights Used car prices began dropping significantly in early 2024. Prices were at a during the pandemic when a chip shortage led to low vehicle production. There are some surprising vehicles…
24/7 Insights The fastest-selling electric vehicles are a mix of budget and luxury models. Hyundai, Volvo, and BMW have multiple vehicles on this list. Only one of the vehicles is eligible for…
General Motors just released its new electric GMC Sierra pickup. At the same time, Ford killed plans for an electric three-row SUV.
GM's layoffs may seem benign, as white-collar job cuts are often a sign that companies can do more with less, but they are also a sign of trouble.
Ford stock is unlikely to recover the ground it has lost over the past two years. That is due in part to poor electric vehicle (EV) sales.
24/7 Wall St. Insights The 2007 and 2015 Chevrolet Tahoe models have severe electrical issues (and a resounding 1,000+ NHTSA complaints) that make these cars a clear “Do Not Buy.” If you’re…