Lithia took on more leverage before the recession to fund acquisitions, L2 (now-defunct used-vehicle stores) growth, and working capital. The company has substantially reduced this debt load over the ...

On that note, earnings season is upon us and two stood out to me: GM and Tesla. Both companies are facing pressure from ...

U.S. electric vehicle uptake will slow in the short-term following big cuts to federal support but strong investments in ...

General Motors' (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst ...

GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.

OTTAWA — An internal government document reveals there was awareness among some officials that Ottawa ending its electric ...

General Motors has reported a third consecutive quarter of profitability in China, signaling a sustained rebound in the world ...

Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.

With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road ...

Tesla's astronomical price-to-earnings ratio of 189 is meme-level, while competitors like Microsoft and Amazon sit around 39 ...

General Motors’ Q2 profit fell 32% to $3bn due to a $1.1bn tariff hit from Trump’s trade policies, with the carmaker warning ...

Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit ...