2024 GMC Sierra EV Denali Edition 1Courtesy: GMMILFORD, Mich. — General Motors’ premium GMC brand wants to become the leader in all-electric truck sales for U.S.…
This week was all about rotation. Investors spent much of the week shifting funds around, locking in profits with winners — mainly megacap tech stocks —…
Wall Street managed to finish higher this week despite Thursday’s brutal rotation out of tech stocks. The Dow Jones Industrial Average was the big winner on…
In the world of luxury, Hermès is arguably the gold standard.Its sales are growing double digits even as other luxury companies post declines or dramatically slower growth.…
An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023.Nathan Howard | Getty ImagesFord Motor expects to introduce…
Workers assemble second-generation R1 vehicles at electric automaker Rivian’s manufacturing facility in Normal, Illinois, on June 21, 2024.Joel Angel Juarez | ReutersVolkswagen Group plans to invest…
United Auto Workers President Shawn Fain testifies about the toll of working hours on laborers before the Senate Health, Education, Labor and Pensions Committee in the…
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesDETROIT — General Motors has a not-so-secret weapon…
Ford Motor is turning an abandoned train station used for decades as an infamous symbol of Detroit’s downfall and blight into a new technology campus for…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. U.S.…