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Press Releases

Cramer on Ford warning: Time to look at GM

Shares of General Motors were down modestly after Ford said its first-quarter profit would be lower than expected.

Source: CNBC.com

Chevy Bolt discounting proves its 'dead,' says Tesla bull

Chevy Bolt discounting proves its 'dead,' says Tesla bull Trip Chowdhry.

Source: CNBC.com

Automobility LA™ Announces Its 2017 Advisory Board

LOS ANGELES, March 21, 2017/ PRNewswire/-- The Los Angeles Auto Show today announced the appointment of four new members to its AutoMobility LA Advisory Board. Partha Goswami, Manager of Technology Insights at General Motors; Anupam "Pom" Malhotra, Director of Connected Vehicles at Audi of America; Seleta Reynolds, General Manager of the Los Angeles Department of...

Source: PR Newswire

Cheerios maker General Mills' sales fall for seventh straight quarter

Net sales slipped to $3.79 billion in the third quarter ended Feb. 26 from $4 billion a year earlier, marking the seventh straight quarterly decline.

Source: Reuters

If the US wants high-end manufacturing jobs, the US needs imports

President Trump's goals to reduce imports and boost manufacturing may run into snags in the web of trade flows.

Source: CNBC.com

Trump will have a tough time easing fuel efficiency rules. Here's why

The White House will reassess federal automobile fuel standards, but attempts to alter Obama-era rules will yield little change, experts say.

Source: CNBC.com

In Michigan, Trump proclaims the 'assault on the American auto industry' is over

"We're going to use the full economic powers of our country to protect our workers," Trump said.

Source: CNBC.com

Watch: Trump speaks in Michigan after meeting with automakers

Trump said earlier Wednesday his meeting will focus on "bringing back car production" to the state and the country.

Source: CNBC.com

GM will rehire 500 workers in Michigan slated for layoff

WASHINGTON, March 15- General Motors Co plans next year to rehire 500 workers at a Michigan assembly plant who are to be laid off in May, citing increased demand for larger vehicles, the company said on Wednesday. GM said last week it planned to lay off 1,100 workers in May at its Lansing Delta Township assembly plant in Michigan. The company is moving production of...

Source: Reuters

UPDATE 2-Trump expected to announce review of vehicle emissions rules - sources

The CEOs of General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV will meet with the president in Ypsilanti Township, Michigan, along with officials from Japanese and German automakers, including Toyota Motor Corp.. A White House official confirmed Trump plans to visit Michigan, but did not immediately give details. The Environmental Protection...

Source: Reuters