General Motors Stock News

Ford Motor Co (NYSE: F ) shares retreated over 7% by Wednesday afternoon as the stock took aim at a lower gap between $21.88 and $22.42 left behind on Jan. 4 when shares shot up almost 12% higher from the previous days closing price. If the stock falls to fill the gap and prints a reversal signal near a support level at $21.69, it could provide a solid entry point for investors waiting to take a long position over 2022 as the legacy automaker continues to ramp up its electric vehicle production. The EV sector is largely dominated by Tesla, Inc (NASDAQ: TSLA ) currently but on Wednesday BofA Securities analyst, John Murphy , said in a note he expects Ford and its closest competitor General Motors Co (NYSE: GM ) to be the biggest gainers in terms of market share. Ford is expected to announce its quarterly earnings results after the closing bell on Feb. 3 and on Tuesday the Detroit-based automaker said it intends to include a number of large special items in its report. This will include Fords $8.2 billion

General Motors is finding new markets for its hydrogen fuel cell systems

GM says it will make mobile power generators using hydrogen fuel cells for commercial customers. The plan is to replace dirty gas and diesel generators with less polluting hydrogen ones.

Blink Charging Shares Up 9% on Deploying EV Chargers to GM Dealerships Morningstar.com

BofA Predicts Tesla EV Market Share In US Will Collapse From 69% To Just 19% By 2024 One of the big investment banks is offering a "reality check" about Tesla''s market share that one might not expect from a firm likely trying to win investment banking business from the company. That''s why this morning''s Bank of America note - wherein the bank suggests that Tesla''s U.S. EV market share could drop to just 19% by 2024 - caught our eye. The bank says that a "slew" of new EV models hitting the market could force Tesla''s U.S. market share to plunge from its current 69%, Bloomberg wrote in a Wednesday morning note. Tesla market share as a % of EVs sold We think 2022 marks the start of commercialization for electric vehicles, with many start-up EV automakers launching/ramping new product and many incumbent automakers also beginning their product launch onslaught, the bank said. Tesla will have "lesser market share than traditional carmakers by 2024," the note says. GM and Ford are in position to be the biggest market share gainers as Tesla declines, the bank predicts.

Honda to invest in connection with SES’ pending business combination with Ivanhoe Capital Acquisition (IVAN).Honda joins General Motors and Hyundai Motor Company as the third major…

By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) General Manager Pietro Labriola on Tuesday outlined to the companys directors his draft plan to revamp the former phone monopoly, an alternative strategy to weigh against a takeover approach by U.S. fund KKR.

Blink Charging, an electric vehicle charger manufacturer, will be deploying EV chargers at General Motors dealerships across the U.S. and Canada, according to the company. The startup will be teaming up with facility solutions provider ABM to supply its new IQ 200 Level 2 chargers to GM. While Blink is by no means a small []

Blink Charging, an electric vehicle charger manufacturer, will be deploying EV chargers at General Motors dealerships across the U.S. and Canada, according to the company. The startup will be teaming up with facility solutions provider ABM to supply its new IQ 200 Level 2 chargers to GM. While Blink is by no means a small []

Tritium DCFC Ltd. is higher on the day after electric vehicle charging peer Blink Charging announced a new deal to supply GM dealerships. Read more on Tritium stock.

Blink Charging (BLNK) stock is getting a boost on Tuesday from a deal with General Motors (GM) for its electric vehicle (EV) chargers.

Full story available on Benzinga.com

Ford Motor Company (NYSE: Full story available on Benzinga.com

GM workers at Mexico plant will vote on union Feb 1-2, govt says