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GM News17 articles
MP Materials Gains Strategic Momentum with GM, Apple Deals Amid Rare Earth Push
MP Materials is set to supply rare-earth magnets to General Motors this year and Apple in 2027, supported by U.S. government contracts and a strategic push to diversify supply chains away from China.
Ford Shares Slide Amid Oil Spike, Tariff Pressures, and Supply Chain Concerns
Ford Motor shares declined 2.2% in Thursday trading, pressured by surging oil prices, significant tariff expenses, and ongoing aluminum supply issues from key supplier Novelis.
Ford Announces Share Buyback Amid Recall Headwinds and EV Losses
Ford Motor Company shares gained after the automaker filed plans to repurchase up to 31.7 million shares. The move comes as the company contends with a significant quarterly loss, a series of vehicle recalls, and an upcoming safety hearing.
Tesla Gains on $4.3B LG Battery Plant, Energy Storage Growth Offsets Auto Weakness
Tesla stock advanced after the U.S. government confirmed a $4.3 billion agreement with LG Energy Solution to build a lithium iron phosphate battery-cell plant in Michigan. The facility, slated for 2027 production, will supply batteries for Tesla's Megapack 3 systems.
Ford Shares Slide Amid Renewed EV Doubts, Honda Charge Revives Industry Concerns
Ford Motor shares declined 2% to $11.80, underperforming a broader market rebound, as Honda's significant EV restructuring charge reignited concerns about Ford's own substantial writedowns and the automotive sector's costly transition to electric vehicles.
Ford Shares Stagnate Amid Safety Hearing and Mounting Recalls
Ford Motor shares showed minimal movement, trading around $12.25, as regulatory scrutiny intensifies with a March 31 hearing on fatal BlueCruise incidents and a wave of recalls affecting millions of vehicles.
UK Auto Market Hits 22-Year February High, But EV Adoption Lags Mandate
UK new car registrations reached a 22-year high for February, climbing 7.2% to 90,100 units. However, battery-electric vehicle adoption at 24.2% remains significantly below the 2026 regulatory target of 33%.
Tesla Adjusts Cybertruck Pricing Ahead of Key Trading Week
Tesla has raised the starting price of its Cybertruck to $69,990, according to a weekend website update. The stock closed Friday at $402.51, down 1.49%, amid broader market weakness and notable insider activity.
Rivian Soars 27% on Strong 2026 Outlook, R2 SUV in Focus
Rivian Automotive shares jumped 26.7% to $17.73 following an upbeat 2026 delivery forecast centered on its upcoming R2 SUV. The company anticipates first customer deliveries in Q2 and will provide more specifics on March 12.
Stellantis Revives Diesel Models in Europe, Shares Dip Ahead of Earnings
Stellantis shares declined 1.9% to $7.75 after reports surfaced that the company is quietly bringing back diesel models in Europe, marking a strategic pivot as it prepares to report full-year results.
Ford Shares Approach 52-Week Peak Ahead of Holiday-Shortened Week
Ford Motor closed Friday at $14.12, up 0.9%, bringing its weekly gain to about 2.3%. The stock now sits roughly 2.6% below its 52-week high of $14.50.
Ford Gains Premarket on Bonus News, Dividend Date in Focus
Ford Motor shares advanced about 1% in premarket trading Friday, trading near $14 as the stock goes ex-dividend and the company announced enhanced staff bonuses tied to quality improvements.
GM Shares Gain on Leadership Appointment, Analyst Upgrade
General Motors stock advanced Wednesday following the hiring of a new deputy CFO and a significant price target increase from Benchmark. CEO Mary Barra's share transactions were also in focus.
Tesla Shares Rebound on Solar Hiring Push, AI Expansion in China
Tesla stock rose 3.5% to $411.11 Friday, recovering from weekly losses as executives outlined hiring for a major U.S. solar manufacturing initiative and the company launched an AI training center in China.
General Dynamics in Focus as Middle East Strikes Rattle Markets
General Dynamics shares are in focus as markets reopen following military strikes in the Middle East, with analysts debating whether defense stocks can sustain any rally amid broader market uncertainty.
Dollar General Gains on Raised Price Target Amid Economic Data Focus
Dollar General shares advanced after Gordon Haskett increased its price target to $180, while investors monitor inflation data and upcoming earnings.
Legal & General Shares Dip Amid AI Anxiety in Insurance Sector
Legal & General shares fell 0.5% in early London trading, tracking broader insurer declines as AI disruption fears resurface. Investors await full-year results on March 11.