As General Motors and Ford gear up to report their fourth-quarter results, let's see how expectations stack up and which stock looks a better bet now.
While Chrysler Corporation has yet other import any vehicles from China for the U.S. market, it is far from the most “made in the USA” of the Detroit Three.
GM announced a record-setting profit-sharing bonus for workers. GM's CEO says there’s some uncertainty over the trade, tax, and environmental regulations involving the Trump administration. DETROIT (FOX 2) - 2024 was a big year for General Motors (GM), which the automaker announced may lead to an increase in money for its union workers.
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.
Ford Motor Company ( F -0.39%) investors have had plenty of negative news to digest recently. 2024 was a bumpy ride as Ford had to grapple with higher warranty costs, advanced electric vehicles taking over the market in China, and crosstown rival General Motors seemingly thriving and raising guidance at every opportunity.
General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs.
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, continues its growth.
Shares of General Motors rose Tuesday after Deutsche Bank analysts upgraded the stock, citing the automaker's recent strategic moves like shuttering its Cruise robotaxi program.
General Motors CEO Mary Barra has said she hopes tariffs can be avoided, as Mexican President Claudia Sheinbaum has signaled that authorities are "working and holding conversations to take the necessa
Tesla stock opened down 0.7% at $395.19 ahead of earnings. Coming into this report, Tesla stock has fallen for five of the past six trading days, losing almost 7% over that span. The year-over-year gain is worth more than the market value of General Motors,
TOKYO/NEW YORK -- U.S. President Donald Trump's threat to impose tariffs on imports from Mexico, if he follows through, has automakers -- from Japan's Nissan Motor and South Korea's Kia to America's General Motors and Ford Motor -- scrambling to reconsider their production and sales strategies.
You can fail in any industry, but failing in the automotive industry is uniquely expensive. Here's how Scout pulled out the win.