Foxconn Technology Group, the world’s biggest contract manufacturer for electronics, is deepening its investment in Lordstown Motors Corp., a once-troubled EV startup that recently began building its first all-electric pickup truck at a former General Motors Co. plant Read more
Tag: Motors
General Motors shares dip premarket after profit falls short of estimates
General Motors Co. shares GM, -2.14% slid lower in premarket trade Tuesday, after the car maker’s second-quarter profit fell short of estimates, offsetting a revenue beat. The company posted net Read more
General Motor’s Cruise Unit Denies NHTSA Investigation Following Reports
By Denny Jacob Cruise, General Motor Co.’s driverless-car division, denied that the National Highway Traffic Safety Administration was investigating a crash involving one of its self-driving cars following reports on Read more
General Motors slowly ramps up production of electric Hummer truck
The waiting list for General Motors Co. GM, -5.05%’s new GMC Hummer electric pickup truck and related SUV model recently topped 77,000 prospective buyers. Most are likely in for a long wait. GM’s Read more