Detroit
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Business
Ford sold a majority stake in Rivian last year
RJ Scaringe, founder and CEO of Rivian, and Executive Chairman of Ford, Bill Ford, announced Ford’s $500 million investment in…
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Business
General Motors (GM) earnings Q4 2022
Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — common engine is set to report…
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Business
Stellantis stops Jeep factory, lays off workers to cut electric vehicle costs
Jeep Cherokee 2016 Source: Jeep DETROIT – Stellantis said Friday that it plans to indefinitely shut down a Jeep plant…
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Business
GM battery factory workers vote for labor union to win for EV industry
Speaking in front of a backdrop of American-made vehicles and a United Auto Workers (UAW) sign, Democratic US presidential candidate…
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Business
GM suspends Twitter ads after Musk takeover
ADVICE – Synthetic engine The company told CNBC on Friday that it will be suspending its advertising on Twitter after…
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Business
US cities where beginner homes are affordable
With the cost of home ownership doubling since last year, the market for starter homes has become untenable for most…
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Business
GM, Ford shares drop after UBS downgrades due to weak demand
The world headquarters of General Motors is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | beautiful pictures DETROIT…
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Business
Ford supply chain issues include blue oval badges for the F-Series pickups
A Ford F-150 pickup truck for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson |…
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Business
Ford warns investors of additional US$1 billion in supply chain costs in Q3
2023 Ford F-150 Raptor CHEAP Ford ADVICE – Ford Motor on Monday warned investors that the company expects to incur…
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Business
GM offers to buy back Buick dealers that don’t want to invest in electric vehicles
Billboards at Ziegler Cadillac, Buick and GMC Dealers in Lincolnwood, Illinois, USA. General Motors Company of America Joel Lerner |…
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