• BMWG
• DNFGF
• GM
• TSLA
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• XPEV

Factbox-EU plans to hit China-based EV makers with additional tariffs

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• GM
• TM

Ford reports weak US sales for third quarter

Ford reported weaker domestic vehicle sales growth due to affordability concerns, with overall sales slightly up but changes in consumer preferences impacting performance.

• GM

GM seeks to ease shareholders' nerves at investor day

• 005380
• BMWG
• F
• GM
• HMC
• STLA
• TM
• VLVLY
• VOWG_p

European automakers most at risk from US dockworkers strike, analysts say

The dockworkers strike at U.S. ports primarily impacts European automakers' imports, but potential industry-wide consequences loom. Companies are assessing and adapting to mitigate disruptions.

• GM

GM's third-quarter US sales fall about 2%

General Motors reported a 2.2% decline in U.S. sales, with buyers favoring affordable models like the Trax SUV amid inflation and fewer sales days.

• AAL
• BA
• CLF
• CVS
• CZR
• DAL
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• FDX
• GM
• GTBIF
• MGM
• PSX
• SAVE
• SBUX
• SPR
• STLAM
• UAL
• UPS
• VLVLY
• WBA
• WYNN

Factbox-From Boeing to Detroit Three, US labor unions flex muscle

A significant rise in labor strikes across various sectors showcases mounting union activism in the U.S., including dockworkers and healthcare professionals, signaling a shift in labor relations.

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• GM

Goldman upgrades Ford to Buy, trims price targets for auto-exposed stocks

Goldman Sachs upgraded Ford to Buy, expecting significant profitability from software services, while adjusting targets for several auto stocks due to slower industry growth.

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• GM
• STLA
• TM

US new vehicle sales in Q3 seen to be growing at weaker pace

U.S. auto sales are expected to grow slowly in Q3 due to inflation, higher costs, and consumer pressure, with expectations of a slight decline in overall new vehicle sales.

• GM

GM self-driving unit Cruise to pay $1.5 million fine over crash disclosure

GM's self-driving unit, Cruise, fined $1.5 million for not reporting a pedestrian crash; must submit a corrective action plan and face increased reporting requirements for two years.

• GM
• STLA

Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows

Brazil's electric and hybrid car sales are set to surpass combustion engine sales by 2030, with a forecast of 90% market share by 2040, led by Chinese automakers.