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Tesla’s China Threat
Barrons.com14d agoneutral
Tesla’s China Threat

It’s about China and its plans to dominate the global auto market. Wednesday, Michigan Senator Elissa Slotkin shot off a series of tweets on X, suggesting President Donald Trump might allow Chinese cars to be sold in America. The White House didn’t respond to a request for comment.

Ford Faces ‘Profound Concern’ Over China Ties. What That Means for the Stock.
Barrons.com15d agobearish
Ford Faces ‘Profound Concern’ Over China Ties. What That Means for the Stock.

The letter takes aim at Ford’s licensing of Chinese battery technology and joint venture with Chinese auto maker Geely in Europe. “And the Company’s ongoing talks with BYD for hybrid vehicle components could lead to further embedding subsidized foreign technology into Ford’s core supply chains.” Ford posted a response online challenging how some of Duffy’s concerns were framed.

General Motors (GM) Commits Over C$1 Billion to Canadian Plants as Workers Ratify New Deal
Insider Monkey18d agoneutral
General Motors (GM) Commits Over C$1 Billion to Canadian Plants as Workers Ratify New Deal

General Motors Company (NYSE:GM) reached a tentative three-year labor deal with Unifor that Canadian workers ratified on August 29 and 30, securing more than C$1 billion ($791 million) in new and previously announced investment across Ontario, covering over 4,600 workers. GM will spend C$144 million to bring next-generation Heavy-Duty GMC Sierra production to Oshawa, adding […]

General Motors (GM) Has One Operational US EV Battery Plant
Simply Wall St.20d agoneutral
General Motors (GM) Has One Operational US EV Battery Plant

General Motors (NYSE:GM) now has ownership in just one operational US electric vehicle battery plant as its North American manufacturing footprint shifts. The company is scaling back parts of its US EV battery production while keeping EV supply chain commitments under review. GM has committed a new C$144 million investment to expand pickup truck assembly in Canada, focused on higher margin models. These moves come during ongoing North American trade discussions that continue to put auto...

General Motors (GM) Just Moved, What Is Behind The Attention?
Simply Wall St.20d agoneutral
General Motors (GM) Just Moved, What Is Behind The Attention?

General Motors (GM) is back in the spotlight after Unifor members in Canada ratified new three year labor contracts that include more than US$1b in product and facility investments across key Ontario plants. At a share price of US$87.22, General Motors has seen a 2.77% 1 day share price return and a 6.22% 90 day share price return. Its 1 year total shareholder return of 51.68% and 3 year total shareholder return of about 18x hint at strong longer term momentum. Scan how General Motors...

Workers reeling after VW cuts open door to factory closures
AFP20d agobearish
Workers reeling after VW cuts open door to factory closures

The day after Volkswagen management, shareholders and unions agreed to cut a total 100,000 jobs over the coming years, automotive workers told AFP Friday they were feeling a mix of fury and disappointment.Management and unions agreed Thursday only to seek "alternative uses" for the plants.

Should You Pay A Growth Price For Tesla's Thin Profits?
Trefis21d agoneutral
Should You Pay A Growth Price For Tesla's Thin Profits?

Tesla (TSLA) trades at about $357, and most of the argument around it is about what the company will build next. A plainer number gets less attention, and it is how much of each sales dollar the company keeps. Its operating margin over the past twelve months was 4.6%. That is the figure a holder should weigh before anything else.