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The company, which supplies Tesla, General Motors and Volkswagen among other automakers, reported an operating profit of 492 ...
Tesla's cheaper Model Y hints fail to impress as Wall Street eyes robotaxis and FSD tech amid slowing EV demand and waning brand interest.
According to company CFO Paul Jacobson, GM recorded a major reduction in software-related warranty costs in Q2 of 2025, ...
SEOUL (Reuters) -South Korean battery firm LG Energy Solution (LGES) on Friday posted a 152% rise in quarterly profit, driven ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
Tesla's more affordable model started production in June and is a cheaper Model Y, the company said on its Q2 earnings call.
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past few years increased by $300M.
The Q2 earnings season hasn’t treated Detroit automakers well. For instance, General Motors (GM) plunged over 8% yesterday, ...
General Motors Co. in Detroit today reported second-quarter 2025 revenue of $47.1 billion and earnings before interest and taxes (EBIT)-adjusted of $3 billion.
The Detroit giant reported a $1.1 billion year-over-year drop in quarterly revenue.But while the numbers are grim, GM is ...
General Motors says it lost more than $1 billion in the second quarter because of U.S. tariffs. Stellantis lost more than ...