watch now DETROIT – General Motors beat Wall Street’s fourth-quarter earnings expectations Tuesday, while guiding for another year of “strong financial performance” in 2026. The Detroit automaker, which slightly missed revenue expectations, also announced a 20% increase in its quarterly dividend and a new $6 billion share repurchase authorization. GM stock rose 8.75% Tuesday. Here’s… Continue reading GM tops earnings expectations, announces dividend increase and stock buyback program
Author: CNBC Online news
Auto executives are hoping for the best and planning for the worst in 2026
U.S. President Donald Trump and CEO of Ford Jim Farley clap, as President Trump visits a Ford production center, in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters DETROIT — The only consistency has been inconsistency for the U.S. automotive industry during the first half of this decade — a trend that’s expected… Continue reading Auto executives are hoping for the best and planning for the worst in 2026
Elon Musk says Tesla taking safety supervisors out of some Robotaxi vehicles in Austin
A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, on June 22, 2025 Joel Angel Juarez | Reuters Tesla CEO Elon Musk said on Thursday that his company is now running a small number of its Robotaxi vehicles in Austin, Texas, without a human driver or safety supervisor on board.… Continue reading Elon Musk says Tesla taking safety supervisors out of some Robotaxi vehicles in Austin
Musk says Tesla’s robotaxis will be widespread in the U.S. by the end of this year
watch now Tesla CEO Elon Musk said Thursday that his company will have a “widespread” network of driverless robotaxis in the U.S. by the end of 2026. “Tesla’s rolled out robotaxi service in a few cities, and will be very, very widespread by the end of this year within the U.S.,” he said during an… Continue reading Musk says Tesla’s robotaxis will be widespread in the U.S. by the end of this year
GM to move production of China-built Buick SUV to U.S. plant
Employees work on Buick Envision SUVs at General Motors’ Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., in Yantai, Shandong Province, China, Nov. 17, 2022. Tang Ke | Visual China Group | Getty Images DETROIT — General Motors plans to move production of a Buick compact SUV from China to… Continue reading GM to move production of China-built Buick SUV to U.S. plant
Waymo launches robotaxi service in Miami, extending U.S. lead
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet‘s Waymo said Thursday that its robotaxi service is now open to paying riders in Miami, kicking off a 2026 market expansion. Miami is the sixth market where Waymo offers driverless ride-hailing service, extending its lead… Continue reading Waymo launches robotaxi service in Miami, extending U.S. lead
Stellantis stock off 43% as Jeep maker turns five, executes turnaround
Stellantis North America COO and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California, November 21, 2024. Etienne Laurent | AFP | Getty Images DETROIT — Five years after the transatlantic automaker Stellantis was formed through a merger,… Continue reading Stellantis stock off 43% as Jeep maker turns five, executes turnaround
Here are the European exporters most exposed if Trump’s Greenland tariffs kick in
U.S. President Donald Trump speaks to members of the press before boarding Marine One on the South Lawn of the White House on Jan. 16, 2026 in Washington, DC. Tom Brenner | Getty Images U.S. President Donald Trump has threatened a rising wave of tariffs on several European allies, raising the alarm for industries and… Continue reading Here are the European exporters most exposed if Trump’s Greenland tariffs kick in
Auto giant shares tumble on Trump’s tariff threat over Greenland
The logo of the German car manufacturer Volkswagen can be seen on a vehicle in front of a VW dealership. Picture Alliance | Picture Alliance | Getty Images Shares of some of Europe’s biggest carmakers fell sharply on Monday morning, following U.S. President Donald Trump’s pledge to impose tariffs on several European countries over Greenland.… Continue reading Auto giant shares tumble on Trump’s tariff threat over Greenland
Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds
Sutthichai Supapornpasupad | Moment | Getty Images As consumers contend with higher auto payments, new data from car website Edmunds suggests they may be falling into a cycle of negative equity — where their outstanding auto loan balances are higher than the value of their cars. In the fourth quarter of 2025, 29.3% of trade-ins… Continue reading Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds