General Motors and Ford are diversifying their businesses by entering the U.S. military vehicle and energy storage system markets. Both companies are leveraging their existing battery production capacity, which was initially intended for electric vehicles, to tap into growing demand for energy storage solutions and military contracts. GM has a head start with established defense contracts and partnerships, while Ford plans significant investments in energy storage production. These new ventures aim to offset slowing vehicle sales and open new revenue streams, though they currently represent a small portion of overall business focus and revenue.
Stellantis shares dropped 8% ahead of its Q3 2026 earnings report, which management warned would be seasonally weak. Ford and General Motors stocks also declined by 4% and 3%, respectively, reflecting broader pressure on automakers. Stellantis faces ...
General Motors announced its fourth-generation electric vehicle platform focused on advanced battery chemistry, a powerful central computing unit, and extensive software integration. This new platform, debuting in the 2028 Cadillac Escalade IQ, aims ...
General Motors announced plans to reduce its vehicle development cycle from four to five years down to about two years by leveraging artificial intelligence, simulation, and concurrent engineering. The company will introduce a proprietary AI assistan...
General Motors is introducing a personal AI assistant to its OnStar connected car service, starting with the 2027 Cadillac Lyriq EV. This upgrade includes a new OnStar mobile app replacing older apps, aiming to provide a more interactive, personalize...
General Motors (GM) beat earnings estimates and announced a $20 billion buyback, yet its stock dropped due to rising cost concerns. Ford offers a much higher dividend yield of nearly 5%, making it attractive for income-focused investors, while GM's y...
