News

Walmart said its U.S. e-commerce sales rose 24% in the second quarter, with more than 40% sales growth in deliveries fulfilled at its stores. CEO John Furner said Walmart has now expanded deliveries of 30 minutes or less into 38 U.S. markets. The number of units delivered in less than half an hour has doubled in the current quarter from a year ago, and 70% of all e-commerce orders are getting delivered on the same day or better, CFO John David Rainey said.

National Highway Traffic Safety Administration ‌said on Friday it has ‌opened a probe into 997,743 General Motors ​pickup trucks and SUVs over concerns related to engine failure. The vehicles include the Cadillac Escalade, Chevrolet ‌Silverado 1500 ⁠and GMC Yukon, among others, from model years 2021-2026 ⁠equipped with GM's L87 engines.

The American automaker is increasing profits while selling fewer vehicles as its rival pursues an opposite approach.

General Motors (NYSE:GM) Chief Financial Officer Paul Jacobson said the automaker’s first half performed “remarkably well,” supporting an increase in full-year guidance, while cautioning that the second half faces pressures from commodity inflation, onshoring costs and vehicle launch activity. Spea

Tesla Inc. CEO Elon Musk has backed the automaker’s domestic manufacturing prowess amid President Donald Trump‘s tariffs on the auto industry. Domestic Assembly, Domestic Parts On Saturday, podcast host Katie Miller took to the social media platform X, sharing a...

DAN shares jump 10% as cost savings, stronger sales and higher 2026 forecasts outweigh a quarterly earnings miss and lower profit outlook.

A proposal to eliminate the decades-old protection draws criticism from Wall Street and individuals.

Stellantis stock tumbled to a new low on Monday after it announced a recall of almost 1 million vehicles worldwide. The recall is a software issue in the radio systems of Jeep, Dodge and Chrysler brand cars. The glitch interferes with their rear view cameras, the company said, but will be fixed via an over-the-air software update.

Also: GM and Ford clash over tariffs and trade policies; Chinese carrier opens Arctic shipping route.

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has backed the automaker’s domestic manufacturing prowess amid President Donald Trump‘s tariffs on the auto industry. Domestic Assembly, Domestic Parts On Saturday, podcast host Katie Miller took to the social media platform X, sharing a screenshot of a Wall Street Journal article outlining Ford Motor Co. (NYSE:F) and General Motors Co.‘s (NYSE:GM) domestic manufacturing push. “Every Tesla sold in the United States is assembled in the United States,” she sa

"The bottom line is that the US economy continues to be supported by a growing set of tailwinds."

America’s trade war has left its two largest automakers sparring over favorable tariffs on imports, batteries and more.

Investing.com -- The US and Canada still have significant differences to resolve before an August 19 deadline for threatened 50% tariffs on a range of Canadian products, Bloomberg reported on Saturday.

Automakers are fairly stable in pre-market trading as traders are waiting on the CPI figures. At this point, the markets are waiting to get a read on inflation as well.

LOGISTICS REPORT NEWSLETTER General Motors is setting up a $4.5 billion safety net designed to keep critical components flowing through supply-chain troubles, The Wall Street Journal’s Sharon Terlep writes.

With the automaker’s divestment, the facility will become the battery maker’s first wholly owned factory in North America.

Consolidated revenue surges 19.2% YoY to INR 370 crores, driven by a landmark US production order and a 34% jump in industrial business.

General Motors stung in recent years by critical parts shortages, is setting up a $4.5 billion safety net designed to keep critical components flowing through supply-chain troubles. The automaker aims to avoid future parts crunches by securing supplies of high-risk components through a financing arrangement where it pre-funds the purchase of essential parts. The move, which GM disclosed Tuesday in a regulatory filing, aims to give suppliers enough capital to maintain production and potentially stockpile parts.

GPI misses Q2 estimates as lower vehicle volumes pressure sales and margins, while acquisitions reshape its dealership portfolio.

The South Korean battery maker said it would use the Indiana plant to make batteries for energy storage systems and other high-tech applications.

Aug 11 () - South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture agreement with General Motors in ‌Indiana and acquire the U.99% stake, citing weaker-than-expected electric ‌vehicle demand.

Though the earnings cycle is winding down, Palantir (PLTR), General Motors (GM), and Bloom Energy (BE) have been nice standouts so far in the Q2 earnings season, all raising guidance.

GT's Q2 loss widens as volume pressure weighs on results, while Asia Pacific gains and cash flow improvements offer support.

SAIC-GM will increase focus on the Buick and Cadillac brands and plan to launch at least 30 new energy vehicles in the China market by 2030.

MP Materials (NYSE:MP) reported second-quarter 2026 revenue and PPA income of $126.1 million, more than double the prior-year period, as sales volumes of neodymium-praseodymium, or NdPr, increased 127% year over year. Consolidated adjusted EBITDA was $28.5 million, improving by $41 million from a ye

Aspen Aerogels (NYSE:ASPN) said it expects a sharp sequential increase in revenue and adjusted EBITDA in the third quarter, supported by energy-industrial project deliveries, rising General Motors EV production and expanding European demand for its PyroThin thermal barriers. The company forecast th

OUST's Q2 revenues surge 56% as record sensor shipments, Rev8 traction and smart infrastructure demand fuel growth.

HMC's Q1 FY27 earnings beat estimates as revenues grow, with stronger Auto, Motorcycle and Financial Services results.

Sodium-ion batteries have almost none of the problems that lithium-ion ones do, and could be cheap enough to make fossil-fuel dependence a thing of the past.

Thursday evening, MP Materials reported second-quarter Ebitda of $28.5 million, Wall Street was looking for $27.1 million.