But the story of Canoo and its cute electric pickup and cargo vehicle may not be over just yet, because reportedly the ...

Tesla is losing its wow factor. Boss Elon Musk has long relied on hyperbolic predictions to pump up the electric-car maker’s ...

EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced ...

GM scaled back its investment into a nonbinding ... Nikola has filed for Chapter 11 bankruptcy, which means it will be supervised by a bankruptcy court as it attempts to sell off enough assets ...

It's safe to say that General Motors (NYSE: GM) had a pretty great 2024. It grew full-year revenue by 9% and led the U.S. auto market in total, retail, and fleet deliveries. GM grew its total ...

A few years before the 2009 General Motors bankruptcy eliminated the Pontiac Motor Division, some of the true believers at GM made an attempt to infuse some old-school Pontiac excitement into the ...

This move shows capital discipline. What got GM into bankruptcy in 2008? Undisciplined capital allocation, plain and simple.” Exiting the robotaxi business is expected to lower GM’s spending ...

General Motors is shuttering a factory in Shenyang, China, as part of a company restructuring. The closure comes as Chinese automakers gain market share, leading to restructuring charges for GM.

The carmaker announced a new $6 billion share repurchase program. GM also raised its dividend 25%, although the yield remains low. Massive buybacks have helped drive its stock price higher.