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GM leans into electrification with the Grand Sport X: Review
Yahoo Finance54d agoneutral
GM leans into electrification with the Grand Sport X: Review

Earlier this year, Chevy announced the Grand Sport would return to the Corvette lineup, and that's another good piece of news for General Motors' (GM) halo car that's doing well at the moment, with Corvette sales up about 24% in Q2. 

Detroit’s Divided Quarter: How General Motors (GM) Outpaced Ford in a High-Rate Environment
Insider Monkey55d agoneutral
Detroit’s Divided Quarter: How General Motors (GM) Outpaced Ford in a High-Rate Environment

The North American automotive industry is facing a dramatic change in the operational environment this year, which is marked by increased financing barriers and ongoing consumer price sensitivity. Since average auto loan interest rates are still more than 8%, consumers are delaying expensive discretionary upgrades, extending payment terms, and challenging aggressive price hikes. Legacy OEMs […]

Top 2 Earnings Surprises Wall Street Never Saw Coming — Time to Buy or Sell?
Insider Monkey55d agoneutral
Top 2 Earnings Surprises Wall Street Never Saw Coming — Time to Buy or Sell?

For this article, we define a surprise as a company reporting earnings or revenue that moves in the opposite direction from Wall Street’s year-over-year expectations. Tesla (NASDAQ:TSLA) second-quarter earnings unexpectedly fell year over year while Wall Street was expecting growth. The stock is down 30% so far this year. Time to buy the dip? The surprise: […]

GuruFocus.com55d agoneutral
Ally Financial Inc's Dividend Analysis

Ally Financial Inc (NYSE:ALLY) recently announced a total dividend of $0.30 per share, with the ex-dividend date set for 2026-07-31. This payment includes a cash dividend of $0.30 per share, payable on 2026-08-14. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates.

Ford and GM Attempts to Go Beyond Cars Deserve Skepticism
The Wall Street Journal56d agoneutral
Ford and GM Attempts to Go Beyond Cars Deserve Skepticism

Ford Motor and General Motors are looking beyond cars. In May, Ford’s shares surged as much as 45%, adding nearly $23 billion of market value, in the weeks after it formally announced Ford Energy, a grid-scale battery-storage business that will serve the power needs of artificial-intelligence hyperscalers and utilities. Its shares have since moderated, but are still up more than 20% since the Ford Energy launch.

Why Americans are leasing fewer cars
Reuters57d agoneutral
Why Americans are leasing fewer cars

DETROIT, July 30 (Reuters) - Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers. Before the pandemic, leasing accounted for around 30% of the U.