Photo: fake images (fake images) The morning shiftAll your daily car news in one convenient place. Isn’t it your most important time? The auto industry is returning to the well, GM’s contempt …
Read More »Here’s why GM was willing to back the Lordstown Motors startup
Now that the U.S. Securities and Exchange Commission requests voluntary information from electric truck startup Lordstown Motors, more details of the agreement between the company and one of its key backers, General …
Read More »GM turns to NBA executive Meg Whitman for board
General Motors Co. has appointed two new directors, including tech industry veteran Meg Whitman, its first high-profile move since the collapse last year of its media startup Quibi Holdings LLC. GM said …
Read More »Investigation of Hindenburg, a short seller, points to electric vehicle startup Lordstown Motors; Shares down 16%
A new report from short-seller Hindenburg Research pointed to electric truck startup Lordstown Motors Corp. RIDE -15.36% , saying the company misled investors about the strength of its truck pre-orders and the …
Read More »5 Key Things NIO Management Said On Their Earnings Conference Call
Text size The NIO ET7 is expected to hit the market in a few quarters. STR / AFP via Getty Images Chinese electric vehicle maker NIO reported fourth-quarter figures on Monday night, …
Read More »Warren Buffett’s Berkshire Hathaway bought Verizon and Chevron. This is what sold the most.
Text size Berkshire Hathaway disclosed the fourth quarter purchases of Merck, Bristol-Myers and AbbVie, upon exiting Pfizer. fake images Berkshire Hathaway by Warren Buffett recently made significant changes to its portfolio, in …
Read More »How automakers collided with the global chip shortage
Executives at automakers like Volkswagen AG and General Motors Co. were upbeat about the industry’s recovery in early fall. Demand was recovering from pandemic lows, and its factories were humming again. Then …
Read More »Lyft, Twitter, Cisco, Yelp: What to Watch for When the Stock Market Opens Today
Futures of US stocks rose On Wednesday, when investors pinned their hopes on fresh stimulus from Washington. Futures linked to the S&P 500, the Dow Jones Industrial Average and the high-tech Nasdaq-100 …
Read More »GM Set 2035 Target To Phase Out Gas-, Diesel-Powered Vehicles Globally
General Motors Co. 3.23% A 2035 target date has been set for phasing out gasoline and diesel-powered vehicles from their showrooms globally, putting a timeline among the first major auto manufacturers to …
Read More »If it looks like a bubble and floats like a bubble …
I am facing comparisons between the dot-com bubble and today’s stock market, but the similarities have become too strong to ignore. Here are five areas where the similarities are strong, as well …
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