Detroit Chevy ad depicting Austin skyline not a mistake, company says
A recent Chevrolet ad aired in metro Detroit caused confusion by featuring the Austin, Texas, skyline instead of Detroit's. Chevrolet clarified that the footage was part of a national campaign distributed to local dealer groups, not specifically intended to depict Detroit. The company has since updated the ad to prevent further misunderstandings.
Honda Could Finally Give Its Mazda CX-30 Rival The Engine It Needs
Honda is considering adding hybrid powertrains to its HR-V and Acura ADX models, despite previously focusing on next-generation hybrid and EV releases. This move would leverage existing Civic hybrid technology, making it a relatively easy implementation, but could raise the price of the HR-V into a less competitive bracket compared to its segment rivals. The company aims to prioritize hybridization across its lineup, and adding it to these subcompact SUVs could provide a competitive edge in a niche market.
GM National Insurance Company releases Q2 2026 results
GM National Insurance Company, part of General Motors, announced its Q2 2026 results, showing a significant increase in written premiums to $63.8 million, up from $21.8 million in the previous year. However, the company also reported an increased net underwriting loss of $51.1 million, compared to $33.4 million in the first half of 2025. The carrier operates in 21 states, with Texas, Michigan, Georgia, Illinois, and Ohio being its top markets.
Ford Drops 4% as Bronco Pickup Rally Fades, Tesla Slips, General Motors Inches Higher: What's Behind the Auto Stock Differential?
Ford shares dropped 4% after a rally based on unconfirmed Bronco product reports faded, while General Motors gained 1%, indicating a company-specific reversal for Ford rather than a sector trend. Tesla also slipped 2% due to unrelated AI infrastructure capital-spending pressures. Investors are advised to exercise patience with Ford and monitor its upcoming Bronco recall notification on August 24.
74,000-Plus Dodge Durangos Recalled for Detaching Spoiler
Stellantis is recalling over 74,500 Dodge Durango SUVs from model years 2021-23 due to a rear spoiler issue. The spoiler may detach because it can become damaged if misaligned with the roof during liftgate use, posing a road hazard. A remedy is currently being developed, and affected owners, including those from a previous 2023 recall, will be notified by mail on September 10.
Q4 EPS Estimates for General Motors Lifted by Zacks Research
Zacks Research has increased its Q4 2026 EPS estimate for General Motors (GM) to $2.56, up from $2.52, while analysts maintain a "Moderate Buy" rating with a $101.41 average price target. GM recently surpassed quarterly expectations with $3.57 EPS and $48.03 billion in revenue, and its stock is trading near $84.98. Despite significant institutional ownership, insiders have sold over $106 million in shares in the last three months.
Johnson Financial Group Inc. Buys Shares of 68,136 General Motors Company $GM
Johnson Financial Group Inc. has acquired 68,136 shares of General Motors Company, valued at approximately $5.25 million, as institutional investors now collectively own 92.67% of GM's stock. The company has a consensus "Moderate Buy" rating from analysts with an average price target of $101.41 and recently exceeded quarterly expectations with $3.57 EPS against a $3.19 consensus. GM is navigating mixed strategic signals, including extending its China joint venture while reducing other EV commitments and facing upcoming layoffs and labor negotiations.
Kentucky Farm Bureau Mutual Insurance Co Takes Position in General Motors Company $GM
Kentucky Farm Bureau Mutual Insurance Co has acquired a new stake in General Motors (NYSE:GM) during the second quarter, purchasing 25,000 shares valued at approximately $1.93 million. This comes as other institutional investors, including BlackRock Inc. and Norges Bank, have also made significant moves in GM stock. The article also provides a news roundup for General Motors, highlighting positive sentiment from earnings revisions and long-term China commitment, alongside neutral and negative sentiments regarding China portfolio restructuring, battery-project withdrawal, and labor risks.
Automakers’ AI assistants aim to make vehicles smarter while unlocking new revenue streams
Automakers like Ford and General Motors are integrating AI assistants into their vehicles to enhance intelligence and open up new revenue opportunities. General Motors, for instance, plans to launch a conversational AI platform in its vehicles as early as this year. This move signifies a broader industry trend towards leveraging advanced technology to create smarter cars and diversified income streams.
140,281 Shares in General Motors Company $GM Purchased by Wealthfront Advisers LLC
Wealthfront Advisers LLC recently acquired 140,281 shares of General Motors Company (NYSE:GM) in the second quarter, valuing the stake at approximately $10.81 million. Other institutional investors also made significant changes to their GM holdings, while company insiders, including CEO Mary T. Barra, sold shares worth millions. The article also details analyst ratings, price performance, and recent news impacting GM, such as positive earnings revisions, EV sector momentum, and strategic decisions in the China market.
General Motors (GM) After EVgo Charging News And The Case For A Higher Value
General Motors (GM) is attracting attention following the opening of a new EVgo fast charging station in Detroit, supported by GM. The company's stock has seen significant momentum, with a 12.08% return in the last month and 51.03% over the past year. Despite being considered 15.1% undervalued by Simply Wall St's fair value estimate of $100.04, GM faces valuation risks due to its P/E ratio of 40.1x, which is significantly higher than the industry average.
Fired GM engineer alleges job review method is illegal, sues
A senior engineer, Tuan Le, who worked at General Motors for 27 years, is suing the company after being fired, alleging that GM's "forced ranking" employee evaluation program is designed to eliminate older salaried workers and forces managers to meet job-elimination quotas. Le's lawsuit, filed in Wayne County Circuit Court, claims retaliation for his speaking out against the system, which he compared to a similar process Ford abandoned after lawsuits. Experts and former employees criticize the system as "boneheaded" and detrimental to morale, leading to a "Hunger Games" environment and potentially targeting older workers for cost-cutting.
Ford Stock Rises As Analysts Hike Targets After Strong Q2
Ford Motor Company (F) stock rose 3.45% after analysts hiked price targets following a strong Q2 earnings report that exceeded expectations. The company also raised its full-year core profit outlook and medium-term guidance, signaling improving fundamentals and a clearer path to EV profitability despite projected losses in its Model e unit. Ford's strategic moves include a U.S. Army contract, a JV with Geely, and plans for an affordable midsize electric truck, diversifying its business beyond traditional auto manufacturing.
Polestar Automotive Holding UK (NASDAQ:PSNY) Stock Price Down 6.4% - Here's What Happened
Polestar Automotive Holding UK (NASDAQ:PSNY) saw its stock price drop by 6.4% during mid-day trading on Wednesday, reaching $13.65 with a significantly reduced trading volume. Despite this decline and a consensus "Sell" rating from analysts, company directors have recently increased their shareholdings, and institutional investors collectively own about 1.02% of the stock. The electric performance car company, known for its premium EVs, continues to attract investment from various funds even as its stock faces downward pressure.
SQM's Low-Cost Lithium Poised To Benefit From Rising EV Sales and ESS Growth
Sociedad Quimica y Minera de Chile (SQM) is a low-cost producer of lithium, iodine, and nitrates, with its lithium assets in the Salar de Atacama being particularly advantageous due to high concentration and evaporation rates. The company is expected to benefit significantly from the anticipated double-digit annual growth in global lithium demand, driven by increasing electric vehicle penetration and energy storage system (ESS) growth. This favorable market outlook has led to a raised valuation for SQM as its shares rise in response to strong lithium prices.
Question of the Day: Do American Automakers Build Quality Cars?
This article questions the quality of cars produced by American automakers, highlighting Ford's mixed results. Despite leading in recalls for two years, Ford also ranked first in the 2026 JD Power U.S. Initial Quality Study for mainstream brands, with some of its vehicles leading their segments. The author asks readers to share their opinions on what constitutes a quality American-made automobile and which company builds them.
Westport Shares Rise 7% Despite Wider-Than-Expected Q2 Loss
Westport Fuel Systems (WPRT) shares rose 6.7% despite reporting a wider-than-expected Q2 2026 loss of 53 cents per share, which was worse than the Zacks Consensus Estimate of 45 cents. While overall revenues declined significantly due to the end of a transitional service agreement, the company's Cespira segment saw a substantial 125% increase in quarterly revenues to $27.07 million, beating consensus estimates. Despite liquidity improvements, the company still faces going-concern risks and is exploring financing alternatives, while targeting Cespira to break even by 2027.
2027 Kia EV3: Kia’s Most Affordable EV Starts at $31,385
Kia has officially announced pricing for its 2027 EV3, making it the brand's most affordable all-electric vehicle at a starting MSRP of $31,385. The EV3 offers a range of 221 to 321 miles, depending on the trim, and comes standard with front-wheel drive and a native NACS charging port. It aims to make electric mobility more accessible, featuring a roomy interior, a comprehensive suite of driver-assistance features, and various trim levels providing different ranges and amenities.
Is General Motors (GM) Undervalued Following Its EV Battery Plant Pullback?
General Motors (GM) stock is in focus after the company withdrew from a battery plant project, aligning its EV strategy with current demand. While some analysts view GM as overvalued around $83.71, with a target in the mid-$60s, a discounted cash flow (DCF) model suggests the stock is undervalued by about 38.8% at the same price point, indicating a potential value of $136.74. This divergence highlights mixed signals for investors, prompting a deeper review of GM's fundamentals and future cash generation potential.
GM makes $4.5 billion deal with parts company
General Motors has entered into a $4.5 billion agreement with Procura Auto Parts to secure critical inventory and mitigate future supply chain disruptions. This deal aims to prevent shortages similar to those experienced in recent years, including the chip shortage. Procura will facilitate advance funding to GM suppliers, who will then hold inventory on GM's behalf.
Meeder Advisory Services Inc. Buys Shares of 30,285 General Motors Company $GM
Meeder Advisory Services Inc. purchased 30,285 shares of General Motors Company (NYSE:GM) in the second quarter, valued at approximately $2.33 million, as disclosed in their recent 13F filing. Several other institutional investors also adjusted their positions in GM, with institutional ownership reaching 92.67%. The article also details recent analyst ratings, insider transactions including significant stock sales by executives, financial performance metrics, and a recently declared quarterly dividend.
PepsiCo, Inc. $PEP Position Increased by Jennison Associates LLC
Jennison Associates LLC significantly increased its stake in PepsiCo, Inc. by 58.5% in the second quarter, bringing its total holdings to 838,558 shares valued at $113.5 million. This move highlights continued institutional interest in PepsiCo, which also saw several other firms boost their positions. Despite cautious analyst ratings with a "Hold" consensus, PepsiCo reported strong quarterly earnings, beating estimates with $2.20 EPS and $24.18 billion in revenue, and maintains a substantial annualized dividend yield of 4.2%.
1,456,209 Shares in General Motors Company $GM Bought by Great Lakes Advisors LLC
Great Lakes Advisors LLC recently purchased 1,456,209 shares of General Motors Company (NYSE:GM) valued at approximately $112,245,000 during the second quarter, representing a 0.17% stake. Several other institutional investors also adjusted their holdings in GM, with BlackRock Inc. making a significant new purchase. The article also details recent analyst ratings, insider trading activity, and various news headlines impacting GM's stock performance and outlook, including its post-earnings outperformance and EV strategy.
Great Lakes Advisors LLC Makes New $10.62 Million Investment in General Motors Company $GM
Great Lakes Advisors LLC has made a new $10.62 million investment in General Motors (NYSE:GM), acquiring 137,839 shares. This comes as institutional investors now own 92.67% of GM stock, while company insiders have sold over $106.7 million worth of shares in the past 90 days. Despite challenges like softer EV demand and planned job cuts, GM recently reported strong Q2 earnings, beating analyst expectations, and reaffirmed its 2026 EPS guidance.
Danica Pension Livsforsikringsaktieselskab Invests $10.38 Million in General Motors Company $GM
Danica Pension Livsforsikringsaktieselskab has acquired a new stake of 134,736 shares in General Motors Company (NYSE:GM), valued at approximately $10.38 million during the second quarter. This investment comes as GM recently reported strong Q2 earnings, beating analyst estimates, and announced a quarterly dividend. The article also details recent insider stock sales by GM executives and provides analyst ratings and price targets for the company.
Foster & Motley Inc. Takes $10.22 Million Position in General Motors Company $GM
Foster & Motley Inc. has acquired a significant new position in General Motors Company, purchasing 132,587 shares valued at approximately $10.22 million. This comes amidst other institutional investors modifying their holdings and a mixed sentiment among analysts, though the consensus remains a "Moderate Buy." Insider selling has also occurred, while GM recently announced a quarterly dividend and saw its stock price increase following its Q2 earnings report.
Danske Bank A S Purchases New Shares in General Motors Company $GM
Danske Bank A S has acquired a new stake in General Motors Company (NYSE:GM), purchasing 1.14 million shares valued at approximately $87.8 million. This acquisition gives Danske Bank a 0.13% stake in the auto manufacturer. Despite this new investment and positive analyst ratings, the article also highlights negative sentiments including insider stock sales by top executives, concerns about softer EV demand, and upcoming job cuts and contentious labor negotiations for GM.
Citizens Financial Group Inc. RI Invests $1.06 Million in General Motors Company $GM
Citizens Financial Group Inc. RI has acquired a new stake in General Motors Company (NYSE:GM), purchasing 13,718 shares valued at approximately $1.06 million during the second quarter. This investment is part of broader institutional activity, with other large investors also adjusting their positions in GM. The article also covers recent analyst ratings, stock performance metrics, dividend announcements, and insider trading activity for General Motors.
Korean automakers call for gov’t support as Toyota joins hydrogen truck race
South Korean automakers are urging their government to provide stronger policy support for the hydrogen commercial vehicle market following Toyota's entry into the sector. They fear falling behind global competitors if they don't adequately respond to the intensifying race for market leadership. The industry is also calling for the establishment of hydrogen logistics corridors and linked infrastructure plans to secure demand and operational stability for heavy-duty hydrogen trucks.
LG Energy Solution battery plant opens with customers other than GM
LG Energy Solution has officially opened its $2.6 billion battery plant in Lansing, Michigan, with a new focus on energy storage systems and contracts with Toyota and potentially Tesla, after General Motors withdrew from the joint venture. The plant aims to produce batteries for various customers, expanding LG Energy Solution's footprint in the US market. This move reflects a shift away from GM's initial EV production plans in Lansing due to slowing EV demand, with GM retooling its nearby plants for gas-powered vehicles.
Thundering Ford Le Mans Hypercar breaks cover on track
Ford's new Le Mans Hypercar, powered by a 5.4-liter naturally-aspirated V-8 hybrid engine, has begun track testing at the Paul Ricard circuit in France. The car, which is still camouflaged, will join the World Endurance Championship grid next year as Ford aims to win the 24 Hours of Le Mans outright for the first time since 1969. The Hypercar will debut in Qatar in March and undergo extensive testing to prepare for multi-class racing.
BMW Recalls 27,000-Plus Sedans, Coupes for Driveshaft Issue
BMW is recalling over 27,700 sedans and coupes due to a driveshaft issue that could lead to a loss of rear-wheel power or a vehicle rollaway. The recall affects 2021-23 540i/550i sedans, 2022-26 840i coupes, and 2024-26 750e plug-in hybrid sedans. Dealers will inspect and repair the driveshaft-rear differential connection at no cost to owners, with notification letters expected by October 2.
Another Study Shows That Car Prices Remain Wild
A new study reveals that both new and used car prices have escalated significantly since 2019, with the average transaction price for new vehicles nearing $50,000 and 3-year-old used cars increasing by 38.2%. This surge is attributed to manufacturers' pursuit of higher profit margins, increased inflation, supply chain issues, and a lack of affordable options, forcing consumers to spend considerably more or buy older vehicles. The market is also experiencing "pricing fatigue," leading to projected declines in both new and used vehicle sales for 2026.
Pallas Capital Advisors LLC Acquires New Stake in General Motors Company $GM
Pallas Capital Advisors LLC has acquired a new stake in General Motors Company (NYSE:GM), purchasing 65,059 shares valued at approximately $5.015 million during the second quarter. This move is part of broader institutional investor activity, with several other large investors also adjusting their positions in GM. Analysts have set an average "Moderate Buy" rating for General Motors with a consensus price target of $101.41, and the company recently declared a quarterly dividend of $0.18.
Perigon Wealth Management LLC Buys New Holdings in General Motors Company $GM
Perigon Wealth Management LLC has acquired a new stake in General Motors (NYSE:GM), purchasing 23,603 shares valued at approximately $1.82 million. This comes as institutional investors collectively own 92.67% of GM's outstanding shares. Analysts maintain a "Moderate Buy" rating for GM, with several firms raising their price targets following the company's strong quarterly earnings, where it beat EPS and revenue expectations.
Deutsche Bank AG Makes New $383.94 Million Investment in General Motors Company $GM
Deutsche Bank AG has made a significant new investment in General Motors Company, acquiring 4.98 million shares valued at approximately $383.9 million, representing a 0.57% stake. Institutional investors now own 92.67% of GM. The company reported strong quarterly earnings, beating analyst estimates, and analysts maintain a "Moderate Buy" rating with an average price target of $101.41, despite recent insider stock sales.
Auxano Advisors LLC Purchases Shares of 11,898 General Motors Company $GM
Auxano Advisors LLC acquired a new stake in General Motors Company by purchasing 11,898 shares valued at approximately $917,000 in the second quarter. Other institutional investors have also adjusted their holdings in GM, while several insiders have sold shares recently. General Motors recently reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend.
BlackRock Inc. Invests $5.96 Billion in General Motors Company $GM
BlackRock Inc. has acquired a significant new position in General Motors (NYSE:GM), purchasing over 77.3 million shares valued at approximately $5.96 billion, giving it an 8.81% stake in the company. Institutional investors now collectively own 92.67% of GM. The investment comes as General Motors exceeded its quarterly earnings expectations with an adjusted EPS of $3.57 and revenue of $48.03 billion, reaffirming its fiscal 2026 EPS guidance.
Alberta Investment Management Corp Purchases New Position in General Motors Company $GM
Alberta Investment Management Corp (AIMCo) has acquired a new stake in General Motors Company (NYSE:GM), purchasing 40,000 shares valued at approximately $3.083 million in the second quarter. This move aligns with other institutional investors making changes to their positions in the automaker. The article also highlights recent analyst ratings, insider trading activity, and GM's financial performance, including its latest quarterly earnings and dividend announcement.
Stellantis recalls 850,000 U.S. vehicles on software glitch
Stellantis is recalling nearly 850,000 U.S. Jeep, Chrysler, Dodge, and Ram vehicles from model years 2026 and 2027 due to a software glitch affecting backup cameras. An additional 107,000 vehicles outside the U.S. are also impacted. The company will provide an over-the-air software update to fix the issue and has reported no related accidents or injuries.
Question of the Day: What’s Keeping You from Buying a New Car?
Despite lenders making it easier to finance new cars, with high loan approval rates and lower down payments, many consumers are still hesitant to buy. The article asks whether the high price of the vehicle itself or the cost of the loan (even with longer terms) is the primary deterrent for potential buyers. It highlights that buyers are often focused on monthly payments rather than the total price.
General Motors (Lansing, Michigan) WARN Act Investigation
Strauss Borrelli PLLC is investigating General Motors LLC regarding a potential mass layoff of 350 employees in Lansing, Michigan, announced on August 14, 2026. The law firm is examining whether GM violated the federal WARN Act by failing to provide employees with at least 60 days' written notice, which could entitle affected employees to 60 days of severance pay and benefits. The WARN Act requires employers with 100 or more employees to give 60 days' notice for significant layoffs or plant closings, aiming to provide workers time to prepare for job loss.
GM Up 14%, F Down 3% Since Q2 Earnings: Which Is the Better Buy Now?
General Motors (GM) has seen a 14% rise since its Q2 earnings, while Ford (F) is down 3%, despite both delivering stronger earnings and raising full-year outlooks. This article compares the two automakers, highlighting GM's North American truck and SUV strength and new revenue streams, versus Ford's hybrid success, upcoming electric pickup, and strong Ford Pro business. Ultimately, the analysis suggests Ford may be the more compelling choice due to its solid earnings foundation, multiple avenues for upside, attractive dividend, and valuation.
What Is the 2027 Lucid Gravity GT-S?
The 2027 Lucid Gravity GT-S is Lucid's most powerful SUV, boasting 1,070 horsepower and a 0-60 mph time of 3.1 seconds, with a range of up to 373 miles. Priced from $127,750, it goes on sale in late 2026 and includes many performance and luxury features as standard, leaving room for few additional options. While inspired by the Air Sapphire, the GT-S offers a broader color palette and a significantly lower price point, positioning it as a strong contender in the high-performance electric SUV market.
SMP Expands Fuel Pump, Turbocharger Offerings
Standard Motor Products Inc. (SMP) has announced expanded offerings in its GDI high-pressure fuel pump and turbocharger kit product lines. The company is also expanding product lines for vacuum pumps, variable valve timing, and cylinder deactivation solenoids, providing broader coverage for modern vehicle applications. This expansion includes new coverage for late-model BMW, Audi, Volkswagen, Subaru, and Ford vehicles, as well as significant growth in vacuum pump applications for Jeep, Ram, and Ford trucks.
Plato Investment Management Ltd Takes $3.53 Million Position in General Motors Company $GM
Plato Investment Management Ltd has acquired a new position in General Motors Company (GM) during the second quarter, purchasing 46,039 shares valued at approximately $3.53 million. This comes as institutional investors collectively own 92.67% of GM's stock. Despite GM exceeding quarterly expectations with strong EPS and revenue, and analysts maintaining a "Moderate Buy" rating, the company faces risks including EV-demand uncertainty and competitive pressures in China, with insiders selling over $106 million in shares last quarter.
Could Battery Demand Be the Key Theme for CBAK Energy Technology (NASDAQ:CBAT) Today?
CBAK Energy Technology (NASDAQ:CBAT) is expected to report its quarterly earnings today, shifting focus to battery demand. The report will provide insights into cell demand, manufacturing utilization, customer programs, and working capital, helping to clarify the company's operational execution within the battery technology sector. The article emphasizes distinguishing company-specific performance from broader market trends and assessing how well CBAK Energy Technology is strengthening its category credentials in automobile stocks.
130,258 Shares in General Motors Company $GM Bought by German American Bancorp Inc.
German American Bancorp Inc. has acquired 130,258 shares of General Motors Company (NYSE:GM) valued at approximately $10.04 million, making GM its 28th-largest holding. Institutional investors now own 92.67% of GM, while analysts maintain a "Moderate Buy" rating with an average price target of $101.41. Despite recent insider share sales totaling over 1.24 million shares, the company reported strong quarterly earnings, but faces risks related to EV production restarts, battery project retrenchment, and geopolitical factors like trade agreements and the China market.
Global Retirement Partners LLC Makes New Investment in General Motors Company $GM
Global Retirement Partners LLC has acquired a new stake in General Motors Company, purchasing 37,660 shares valued at approximately $2.9 million. This investment comes amidst various institutional investors adjusting their positions in GM, and significant company news, including the restart of EV battery production in Ohio and shifts in its China strategy. Analysts maintain a "Moderate Buy" consensus rating for GM, with an average target price of $101.41, despite recent insider share sales.
Elon Musk Says Tesla Is ‘Most Made in America’ Car Brand as Trump Tariffs Shake Up Auto Industry
Elon Musk has asserted that Tesla vehicles are the "most made in America" cars, emphasizing that not only are they assembled in the U.S., but the parts are also overwhelmingly American-made. This statement comes amidst President Donald Trump's tariffs on the auto industry, which the Commerce Secretary claims are bringing jobs back to the U.S. Musk highlighted that Tesla cars have an 84% total domestic content score, higher than Ford's 63%.
