General Dynamics Corp.’s (GD) business segment, Mission Systems, recently secured a modification contract involving the Columbia ballistic missile submarine program. The award has been offered by the Strategic Systems Programs, Washington, D.C.Details of the DealValued at $13.1 million, the contract is expected to be completed by Nov. 30, 2027. Per the terms of the deal, General Dynamics will supply new procurement spares to support Columbia ballistic missile submarine class development, production and inst ...

General Motors Co. NYSE: GM reported a 17% year-over-year (YoY) increase in first-quarter deliveries. But that hasn’t been enough to prevent the stock from dropping over 6% in the week that the Trump administration announced its tariff plans. The specifics of those plans are chilling for the auto industry’s 2025 profits. As of April 3, a 25% tariff is now in effect on any vehicle not assembled in the United States. Additionally, tariffs on certain auto parts—including engines and transmissions—are scheduled ...

NOVI, Mich., April 08, 2025 (GLOBE NEWSWIRE) -- Today, General Motors presented Gentherm with a 2024 Supplier of the Year Award at GM's 33rd annual Supplier of the Year event in Phoenix, Arizona. This is the third time Gentherm has received the award. "We are incredibly honored to be recognized as a General Motors Supplier of the Year," said Jaymi Wilson, Senior Vice President and General Manager, North America Automotive and Global Sales and Marketing at Gentherm. "This award reflects the long-standing rel ...

Group 1 - General Motors will end production of the gasoline-powered Cadillac XT6 crossover at its Spring Hill assembly plant by the end of this year [1][2] - The production of the smaller Cadillac XT5 crossover will continue at the same facility until at least the end of 2026 [2] - The changes in production are part of Cadillac's strategy to transition towards a full lineup of all-electric vehicles, rather than being influenced by tariffs [3] Group 2 - Cadillac has adjusted its goal of exclusively selling electric vehicles by 2030, while actively rolling out new products, including six new or updated models in the past year [4]

Dollar General Corporation (DG) has made an impressive comeback, rising about 28.5% over the past three months. For investors who stayed invested during the retailer’s difficult stretch, this recent rally may feel like long-overdue validation. But with the sharp rebound in the stock, many are now asking a critical question — is it time to lock in gains, hold their position or invest more?Closing yesterday’s trading session at $92.02, Dollar General has outpaced the industry, which has fallen 4.4%, and the b ...

CALGARY, AB, April 7, 2025 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) will release its 2025 first quarter operating and condensed financial results on Wednesday, May 7, 2025 after the close of North American markets. The unaudited interim financial statements and management discussion and analysis for the three months ended March 31, 2025 will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR+") at www.sedarplus.ca, on EDGAR at ...

DETROIT — General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England.The car features a sleek, aerodynamic exterior that resembles a futuristic IMSA race car more than a traditional Corvette, but it does pay some homage to the American sports car in featuring a split window design from the 1963 Sting Ray model, among other design elements.GM said the new concept — which is a "design study" not intended to be a production model ...

Group 1 - Apple will keep TikTok on its App Store for at least 75 more days after receiving assurances from Attorney General Pam Bondi [1][3] - President Trump signed an executive order to extend the TikTok ban deadline for the second time, requiring ByteDance to sell its U.S. operations under a national security law [2] - The extension of the TikTok ban comes after Trump announced cumulative tariffs of 54% on China, indicating a potential negotiation for tariff reductions to facilitate the sale of TikTok's U.S. operations [5] Group 2 - TikTok briefly went offline for U.S. users in January after the initial ban deadline, and it was unavailable for download until February 13, when Apple reinstated it following a similar assurance from Bondi [4] - AG Bondi's letter indicated that Apple would not be penalized for hosting TikTok, aligning with Trump's deadline extension [3] - Trump suggested that he might reduce tariffs to help facilitate a deal for ByteDance to sell TikTok's U.S. operations, emphasizing the significance of tariffs over the TikTok deal [5]

Core Viewpoint - General Motors (GM) is facing significant challenges in the Chinese market, which is crucial for its operations, while also experiencing growth in new energy vehicle (NEV) sales. The company is restructuring its operations to regain profitability amidst increasing competition from local automakers and other global players like Tesla and BYD [1][4][6]. Group 1: Market Performance - In Q1 2025, GM delivered 442,000 vehicles in China, showing a nearly flat performance year over year but a decline of 26.3% sequentially [2]. - NEV sales for GM surged by 53.2% year over year, indicating a strong demand for electric vehicles [2]. - The Buick GL8 led the premium MPV segment with 24,000 units sold, while the Wuling Hong Guang MINIEV remained popular [3]. Group 2: Competitive Landscape - Tesla's sales in China have faced challenges, with a reported decline of 11.5% year over year in January, February, and March [5]. - BYD has emerged as a strong competitor, delivering 416,388 battery electric vehicles (BEVs) in Q1 2025, surpassing Tesla's 336,681 units [6]. - GM is under pressure to expand its market share as local players like BYD increasingly dominate the industry [6]. Group 3: Strategic Initiatives - GM has initiated a major restructuring of its China operations, which includes cost-cutting measures, rightsizing, and refreshing its product lineup [4]. - Positive equity income was reported in the last quarter of 2024, excluding $5 billion in restructuring costs, indicating that restructuring efforts are beginning to yield results [4]. - GM aims to restore profitability in China within the current year [4]. Group 4: Financial Metrics - GM's shares have declined approximately 14% year to date, which is better than the industry's decline of 24% [7]. - The company trades at a forward price-to-earnings ratio of 3.96, significantly lower than the industry average, and carries a Value Score of A [9]. - The Zacks Consensus Estimate for GM's Q1 EPS has decreased over the past 30 days, while estimates for Q2 have increased [10].

Core Insights - General Motors (GM) and Nissan are increasing production in the U.S. due to President Trump's tariffs, while Stellantis is offering larger discounts to counteract the impact of these tariffs [1][9][10] Group 1: General Motors - GM is shifting more production of its light-duty trucks to Fort Wayne, Indiana, to avoid tariff-related costs [1][3] - The company plans to create 225 to 250 new jobs at the Fort Wayne facility as a result of increased production [4] - GM will hire temporary workers and schedule additional overtime shifts to support the increased output, aiming to speed up the assembly line to about nine or ten vehicles per hour [5][6] Group 2: Nissan - Nissan has reversed its decision to cut down on shifts at its Smyrna, Tennessee plant, opting to maintain two production shifts to bolster domestic output amid tariffs [5][8] Group 3: Stellantis - Stellantis is launching a new sales initiative that extends employee-level pricing to all U.S. customers on most of its vehicle lineup to stimulate demand [9][11] - The company is expected to offer substantial discounts on popular models like the Jeep Wrangler and Ram 1500 pickup [10][11] - Stellantis has announced plans to close plants in Canada and Mexico, indicating a shift in production strategy [11]