News & Events:GM

Rivian Automotive Inc (RIVN) on Wednesday reaffirmed its annual production forecast of 25,000 units as the electric-vehicle maker continues to battle supply chain disruptions and high material costs. The company had halved its 2022 forecast in March as it struggled to secure the chips needed to make its R1T pickup truck, R1S SUV and electric delivery van for Amazon.com Inc.

Electric vehicle company Rivian Automotive Inc completed its highly anticipated IPO in November 2021. Rivian was founded in 2009 by RJ Scaringe, who continues to lead the company as its CEO. Here are five things you might not know about RJ Scaringe. 1. "I wanted to have an impact and the highest impact approach was to build the company myself," Scaringe said of creating an EV company.

Electric vehicle company Rivian Automotive Inc completed its highly anticipated IPO in November 2021. Rivian was founded in 2009 by RJ Scaringe, who continues to lead the company as its CEO. Here are five things you might not know about RJ Scaringe. 1. "I wanted to have an impact and the highest impact approach was to build the company myself," Scaringe said of creating an EV company.

Berkshire Hathaway Inc. CEO Warren Buffett is one of the most successful and well-respected investors of all time, and Tesla, Inc. is one of the most controversial investments on Wall Street these days. So when Buffett sat down with Yahoo Finance for an interview in 2020, it's only natural that editor-in-chief Andy Serwer would ask Buffett about Tesla and its CEO Elon Musk.

Joe White Global Autos Correspondent joe.white@thomsonreuters.com. Greetings from the Motor City! The sailing is tough, and getting tougher for automakers, new and old. Today, Toyota (TM) sends a warning, Volkswagen could revive the Scout SUV brand to chase Rivian, and Elon Musk has a lot to say about Tesla, Twitter and Trump. Here we go.

General Motors (GM) and a new independent union at the U.S. automaker's biggest Mexico plant have struck a deal for a new workers' contract that includes raises and benefits above inflation, the union said on Wednesday. The union, SINTTIA, did not provide further details about the wage deal.

General Motors (GM) and a new independent union at the U.S. automaker's biggest Mexico plant have struck a deal for a new workers' contract that includes raises and benefits above inflation, the union said on Wednesday. The union, SINTTIA, did not provide further details about the wage deal.

General Motors (GM) and a new independent union at the U.S. automaker's biggest Mexico plant have reached a deal on a new collective contract that includes raises and benefits above inflation, the union said on Wednesday. The union, SINTTIA, did not provide further details and GM did not immediately reply to a request for comment.

Volkswagen plans to reintroduce the Scout off-road brand in the United States offering new electric pick-up and sport-utility vehicles, the German automaker confirmed. The German carmaker would invest around 100 million euros in the new Scout brand, two people briefed on the matter said.

The global economy is in recession and recent stock market volatility is a sign investors believe that the Federal Reserve's plan to continue hiking interest rates is too aggressive, star stock picker Cathie Wood said in a webinar on Tuesday.

CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned. Starbucks Corporation 12:36 P.M. - Stephanie Link of Hightower Advisors mentioned adding shares of Starbux, after which the stock slid 0.04%. Hightower last reported position in Starbux stood at 1,319,942 total shares.

A whale with a lot of money to spend has taken a noticeably bullish stance on General Motors. Looking at options history for General Motors we detected 13 strange trades. If we consider the specifics of each trade, it is accurate to state that 69% of the investors opened trades with bullish expectations and 30% with bearish.

According to Nomura Instinet, the prior rating for Goodyear Tire & Rubber Co was changed from Neutral to Buy. For Fluent Inc, Barrington Research upgraded the previous rating of Market Perform to Outperform. Berenberg upgraded the previous rating for Healthcare Trust of America Inc from Hold to Buy.

General Motors has observed the following analyst ratings within the last quarter: According to 11 analyst offering 12-month price targets in the last 3 months, General Motors has an average price target of $60.27 with a high of $75.00 and a low of $44.00. Below is a summary of how these 11 analysts rated General Motors over the past 3 months.

Industry leaders intend to redefine the transportation landscape with a continuous functional-safety certified, Linux-based in-vehicle operating system Red Hat, Inc., the world's leading provider of open source solutions, and General Motors (GM) today announced a collaboration to help advance software-defined vehicles at the edge.

Volkswagen Group  CEO Herbert Diess has reportedly praised rival Tesla Inc  yet again, saying the Elon Musk-led company's speed of expansion took him by surprise. What Happened: The 63-year-old chief executive of the German legacy automaker admitted Volkswagen may struggle to overtake the electric car leader, The Guardian reported on Monday, citing an online Financial Times conference.

Tesla Inc (TSLA) has halted most of its production at its Shanghai plant due to problems securing parts for its electric vehicles, according to an internal memo seen by Reuters, the latest in a series of difficulties for the factory.

Cathie Wood-led Ark Investment Management on Monday scooped up shares in General Motors Co , the money management firm's first-ever buy in a Detroit-based automaker. The stake purchase also comes a month after Wood said she had an open mind on the legacy automaker.

Electric vehicle charging infrastructure company Blink Charging Co reported first-quarter financial results after market close Monday. What Happened: Blink Charging reported first-quarter revenue of $9.8 million, up 339% year-over-year. Product revenue hit $8.1 million in the first quarter, up 382% year-over-year.

Aptiv (APTV) stopped shipping some parts from plant in Shanghai that supplies Tesla and General Motors (GM) over the weekend after COVID-19 infections were found among its workers, two people familiar with the matter said.