Michigan, known as the Arsenal of Democracy during WWII, is regaining prominence as a key US defense manufacturing hub. The GVSETS 2026 symposium, held in Novi from August 11-13, gathers government, industry, and academia to showcase advances in military ground vehicles. This event highlights renewed Pentagon collaboration with Detroit automakers like GM Defense, focusing on next-gen tactical vehicles and integrating commercial tech with defense needs. The symposium also marks increased venture capital interest, signaling a shift toward faster innovation in military mobility technology.
General Motors (GM) is trading at a forward price-to-earnings ratio of 8.2, significantly below the sector average by 53.4%, indicating it is undervalued. The company is shifting focus to personal vehicle autonomy and its Super Cruise system, which i...
General Motors (GM) has secured 100% of the lithium output from Phase 1 of the Thacker Pass mine for 20 years, ensuring battery-grade lithium supply sufficient for up to 1 million electric vehicles annually. GM's Q2 2026 financial results exceeded ex...
President Trump's threat to impose a 50% tariff on Canadian autos and auto parts starting January 1, 2027, is viewed by UBS analysts as a negotiating tactic rather than a firm policy. The tariff threat follows stalled US-Canada trade talks, with larg...
Tesla's key growth driver is its Full Self-Driving (FSD) software, which now attaches to 55% of Q2 North American deliveries and has nearly 1.5 million paid subscribers globally. Despite record vehicle deliveries and revenue growth, Tesla's operating...
President Trump announced a 50% tariff on Canadian vehicles and auto parts effective January 1, 2027, causing Ford and Stellantis shares to drop 4%, and General Motors to fall 2%. The tariffs follow failed US-Canada trade talks and aim to address a $...
