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05.05.26 - 16:12
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Ford Sales Post Sharp 14.4% Decline In April As EV & Hybrid Sales Plunge (ZeroHedge)
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Ford Sales Post Sharp 14.4% Decline In April As EV & Hybrid Sales Plunge
Ford Motor Company posted a sharp sales decline in April as demand for new vehicles cooled across much of the auto industry, with the company reporting a 14.4% drop year over year to 178,667 vehicles sold, according to Autoevolution.
The weaker month pushed Ford's year-to-date total to roughly 636,000 deliveries — still ahead of Hyundai Motor Company and Kia Corporation, but well behind Toyota Motor North America.
Autoevolution writes that the slowdown comes as automakers face softer demand after last year's buying rush, when consumers moved quickly to purchase cars ahead of potential tariff increases. Higher gas prices tied to geopolitical tensions and persistently expensive vehicle prices have also made buyers more cautious.
While General Motors has yet to release April results, several rivals have already reported weaker numbers. Toyota's U.S. sales fell 4.6% last month to just over 222,000 vehicles, bringing its ...
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28.04.26 - 19:18
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GM expecting $500m Trump tariff refund, boosting its 2026 earnings outlook (The Guardian)
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Companies are now seeking refunds on tariffs after supreme court ruled Trump's emergency levies were illegalSign up for the Breaking News US email to get newsletter alerts in your inboxGeneral Motors is expecting a $500m tariff refund after the US supreme court struck down some of Donald Trump's most sweeping levies.That has boosted the Detroit automaker's outlook for 2026. On Tuesday, GM said it was now looking to rake in $13.5bn-$15.5bn in earnings before interest and taxes this year – up from previous forecasts of $13bn-$15bn. Continue reading......
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28.04.26 - 14:54
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GM: Starke Zahlen- Analyst: "Rocky-Balboa-Comeback" (Der Aktionaer)
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Der US-Autoriese General Motors (GM) erwartet dank eines Gerichtsurteils zu den US-Einfuhrzöllen dieses Jahr mehr Gewinn als bisher. Vor Zinsen und Steuern sowie Sonderposten dürfte der operative Gewinn bei 13,5 bis 15,5 Milliarden Dollar liegen, wie der Konzern am Dienstag in Detroit mitteilte....
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28.04.26 - 14:12
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GM Hikes Profit Outlook on Strong Truck, SUV Demand (Bloomberg)
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General Motors CFO Paul Jacobson says the automaker has not added significant price increases as he discusses first-quarter earnings that included a rise in the company's profit outlook. Jacobson talks about supply chain challenges related to the Iran war, where inflation is impacting costs, and how customers are reacting to higher gas prices. (Source: Bloomberg)...
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02.04.26 - 03:30
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GM Q1 U.S. Vehicle Sales Down 9.7% (AFX)
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WASHINGTON (dpa-AFX) - General Motors (GM) reported that its U.S. vehicle sales were 626,429 units in the first quarter of fiscal year 2026, down 9.7% from 693,363 units last year.GM expects a sim......
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