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GM's blowout earnings send its stock charging higher

In a letter to shareholders, Chief Executive Mary Barra said the car maker is seeing “good early sales momentum” for EVs such the Cadillac Lyriq as it… ....

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Mary Barra Promises To Relaunch Cruise Self Driving Unit Later This Year - Would You Trust Them Now?

Mary Barra Promises To Relaunch Cruise Self Driving Unit Later This Year - Would You Trust Them Now? ....

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Ford EV: Ford slows EVs, sends a truckload of cash to investors, ET Auto

Ford EV: Ford forecast USD 10 billion to USD 12 billion in pretax profit for 2024, after earning USD 10.4 billion before taxes last year. ....

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Ford slows EVs, sends a truckload of cash to investors

Ford is slowing investment in new EV capacity to match slower demand following a seismic change in EV pricing over the past year, Ford executives told analysts. The next generation of Ford EVs will be launched "only when they can be profitable," Marin Gjaja, head of the Model E EV business, told analysts Tuesday. ....

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Ford declares regular, supplemental dividends

Ford Motor on Tuesday
declared first-quarter regular and supplemental dividends of 15
cents and 18 cents per share, making it the second Detroit
automaker to focus on returning cash to shareholders.
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