Leaders of prominent metals manufacturers and equipment makers have been talking recently of stronger quoting and order activity as well as rising expectations for the second ...
Executives plan to shift some capex toward their Pro division from electric vehicles and will unveil the first product from the company’s EV skunkworks next month.
The company’s Q2 automotive revenues were down 16% from the same period last year and the production ramp for its more affordable model has been pushed to the fourth quarter.
Mary Barra and her team still expect the company will be able to offset about 30% of the $4 billion to $5 billion in expected full-year costs from the trade measures.
In a Grant Thornton survey, the number of finance leaders who think they can meet their growth goals is down about 20 points from late 2024 and early this year.