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The Detroit automaker sold 1.86 million vehicles in 2022, down from 1.91 million in 2021.
http://www.providers-administrators.com/369744/ford-reports-2-decline-in-sales-for-2022
In the fourth quarter, Stellantis reported new vehicle sales declined 16% to 347,669 vehicles.
http://www.providers-administrators.com/369743/stellantis-reports-6th-quarter-of-sales-declines
The U.S. Energy Department finalized a $2.5 billion loan to a joint venture of General Motors Co. and LG Energy Solution for three lithium-ion battery cell...
http://www.providers-administrators.com/369578/u-s-energy-department-finalizes-loan-for-gm-battery-venture
Building more parts in-house rather than purchasing them from other suppliers makes financial sense and retains jobs, said CEO Jim Farley.
http://www.providers-administrators.com/369388/ford-moves-to-build-more-components-for-evs
The automakers take two very different approaches to EV production but with many of the same goals in mind.
http://www.providers-administrators.com/369370/ford-motors-and-gm-race-to-capture-ev-market
Ford, GM say they’ll ship unfinished vehicles by year’s end as supply issue eases.
http://www.providers-administrators.com/369236/incomplete-car-inventory-should-be-eliminated
General Motors will offer buyouts to U.S. Buick dealers who do not opt in to the brand’s plans to be all-electric by 2030.
http://www.providers-administrators.com/368808/gm-offers-buyout-to-buick-dealers
GM retools supply chain to get tens of thousands of vehicles awaiting parts to consumers quickly and ward off future supply chain challenges.
http://www.providers-administrators.com/368644/gm-retools-supply-chain-to-get-delayed-vehicles-to-dealerships
General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.
http://www.providers-administrators.com/368576/gm-seeks-to-prevent-quick-flips-of-high-demand-vehicles
Ford Motor stock hit its best month since the Great Recession, advancing nearly 32% since its 127.4% surge in April 2009.
http://www.providers-administrators.com/368574/ford-stock-surges-32