General Motors Co.

Automakers strive to integrate car dealerships into future plans

Customers wearing protective masks look inside a vehicle for sale at a Ford Motor Co. dealership in Colma, Calif., on February 2. 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT — As automakers seek Tesla-like benefits on new electric vehicles, they face an existential question: how best to bring franchise car dealerships …

Automakers strive to integrate car dealerships into future plans Read More »

Cramer sees bullish signs in the market, but not in the same places

Being negative can be great. Staying negative can be deadly. Because, almost all of 2022 will be remembered as a year of disappointment and discouragement. Not for bears. They were sometimes pushed back – but for the most part they had the seal race. Every time you got too excited, too optimistic, you got your …

Cramer sees bullish signs in the market, but not in the same places Read More »

2022 Tesla TSLA Q4 Vehicle Delivery and Production Numbers

Tesla has just released its fourth quarter vehicle production and delivery report for 2022. Here are the key figures. Total Q4 2022 deliveries: 405,278Total Q4 2022 production: 439,701Total annual deliveries 2022: 1.31 millionTotal annual production 2022: 1.37 million Deliveries are the closest approximation to Tesla’s disclosed sales. These figures represent a new record for the …

2022 Tesla TSLA Q4 Vehicle Delivery and Production Numbers Read More »

Dow futures drop more than 300 points as Wall Street selloff continues

Stock futures were lower on Friday morning as investors continued to dump year-end equities amid fears a recession could hit next year due to the Federal Reserve’s relentless rate hikes. . Futures contracts linked to the Dow Jones Industrial Average lost 358 points, or 1.07%. S&P 500 futures lost 1.01% and Nasdaq-100 futures fell 0.56%. …

Dow futures drop more than 300 points as Wall Street selloff continues Read More »

Stellantis idles Jeep factory, lays off workers to cut EV costs

2016 Jeep Cherokee Sport Source: Jeep DETROIT – Stellar said Friday it plans to idle a Jeep plant in Illinois indefinitely, starting early next year, to cut costs by investing in electric vehicles. The transatlantic automaker, formerly known as Fiat Chrysler, said the plant would cease production from February 1. 28. The more than 1,200 …

Stellantis idles Jeep factory, lays off workers to cut EV costs Read More »