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GM Sets $4.5 Billion Supply-Chain Safety Net
The Wall Street Journal3d agoneutral
GM Sets $4.5 Billion Supply-Chain Safety Net

LOGISTICS REPORT NEWSLETTER General Motors is setting up a $4.5 billion safety net designed to keep critical components flowing through supply-chain troubles, The Wall Street Journal’s Sharon Terlep writes.

General Motors Sets Up $4.5 Billion Safety Net to Avoid Parts Shortages
The Wall Street Journal4d agoneutral
General Motors Sets Up $4.5 Billion Safety Net to Avoid Parts Shortages

General Motors stung in recent years by critical parts shortages, is setting up a $4.5 billion safety net designed to keep critical components flowing through supply-chain troubles. The automaker aims to avoid future parts crunches by securing supplies of high-risk components through a financing arrangement where it pre-funds the purchase of essential parts. The move, which GM disclosed Tuesday in a regulatory filing, aims to give suppliers enough capital to maintain production and potentially stockpile parts.

MP Materials Q2 Earnings Call Highlights
MarketBeat7d agoneutral
MP Materials Q2 Earnings Call Highlights

MP Materials (NYSE:MP) reported second-quarter 2026 revenue and PPA income of $126.1 million, more than double the prior-year period, as sales volumes of neodymium-praseodymium, or NdPr, increased 127% year over year. Consolidated adjusted EBITDA was $28.5 million, improving by $41 million from a ye

Aspen Aerogels Q2 Earnings Call Highlights
MarketBeat8d agoneutral
Aspen Aerogels Q2 Earnings Call Highlights

Aspen Aerogels (NYSE:ASPN) said it expects a sharp sequential increase in revenue and adjusted EBITDA in the third quarter, supported by energy-industrial project deliveries, rising General Motors EV production and expanding European demand for its PyroThin thermal barriers. The company forecast th

Ford and GM Attempts to Go Beyond Cars Deserve Skepticism
The Wall Street Journal15d agoneutral
Ford and GM Attempts to Go Beyond Cars Deserve Skepticism

Ford Motor and General Motors are looking beyond cars. In May, Ford’s shares surged as much as 45%, adding nearly $23 billion of market value, in the weeks after it formally announced Ford Energy, a grid-scale battery-storage business that will serve the power needs of artificial-intelligence hyperscalers and utilities. Its shares have since moderated, but are still up more than 20% since the Ford Energy launch.

Why Americans are leasing fewer cars
Reuters16d agoneutral
Why Americans are leasing fewer cars

DETROIT, July 30 (Reuters) - Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers. Before the pandemic, leasing accounted for around 30% of the U.

Bloomberg19d agoneutral
Trump Touts Tariffs in Midterm Pitch to GM Workers in Michigan

(Bloomberg) -- President Donald Trump championed his economic agenda, including tariffs and the rolling back of environmental regulations, saying they had revived US auto manufacturing, during a visit to a General Motors Co. facility in the midterm battleground of Michigan.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsNvidia’s $750 Billion in Deals Reignite Circular AI FearsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapChina Chipmaker CXMT Jumps 4