>> BLOOMBERG TECH IS LIVE FROM COAST-TO-COAST WITH CAROLINE HYDE AND ED LUDLOW. ED: COMING UP, TECH HEALTH STOCKS CLOSING ON RECORD HIGHS WITH MAG 7 EARNINGS IMMINENT. CAROLINE: AS $100 MILLION RAISED FOR NORTHWOOD.ED: AMAZON SHUTTERING ITS PHYSICAL STORES BUT DOUBLING DOWN ON DELIVERIES. WALMART, UBER, DOORDASH ALL DROP. CAROLINE: LET'S CHECK OUT MORE BROAD MOVES.THE FEDERAL RATE DECISION WEDNESDAY. A LOT FOR THE MARKET TO DIGEST, BUT THIS PUSHED HER NEAR RECORD HIGHS. I KNOW YOU ARE CHECKING IN ON INDIVID ...

GM (GM) reported fourth-quarter earnings on Tuesday that topped analyst estimates. Yahoo Finance Senior Autos Reporter Pras Subramanian spoke with GM CFO Paul Jacobsen to discuss the earnings print, how the company navigated tariff hurdles in 2025, the outlook for electric vehicles. and what he expects for the year ahead. #youtube #gm #car #auto About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and ...

Core Insights - General Motors (GM) achieved a total of 2.85 million vehicles sold in 2025, marking a 5.5% increase year-over-year, primarily driven by strong sales of pickup trucks [1][3] - The company reported a 17% market share in the U.S., the highest since 2015, and noted four consecutive years of year-over-year growth [3] Sales Performance - The Chevy Silverado lineup sold 588,709 units, reflecting a 5.1% increase, while the GMC Sierra lineup sold 356,000 units, showing a nearly 10% increase [3] - GM's total vehicle sales for 2025 were 2.85 million, with a market share of 17% [7] Financial Impact - GM incurred $7.2 billion in special charges in the fourth quarter due to a strategic shift away from electric vehicles, which was attributed to a realignment of EV capacity and investments [4][6] - The company initially projected a net income between $7.7 billion and $8.3 billion for the year but reported a full-year net income of $2.7 billion after accounting for the EV-related charges [4] Shareholder Actions - GM announced a $6 billion share buyback program for 2026 and increased its quarterly dividend by 3 cents to 18 cents per share, payable on March 19 [5][8] - Despite the financial setbacks from the EV transition, GM maintains a positive outlook and views the charges as a one-time event [6]

Core Insights - Lucid Group, Inc. will host an Investor Day on March 12, 2026, to provide updates on strategic priorities, operational execution, long-term growth roadmap, and financial outlook [1] - The event will feature presentations from senior leadership focusing on growth drivers, including the core technology platform for the upcoming midsize vehicle program and advancements in software and autonomy strategy [2] Event Details - The Investor Day will include an in-depth preview of the upcoming midsize vehicle program and highlight software advancements for the next generation vehicle architecture [3] - A live question-and-answer session with management and presentations from select partners and stakeholders will be part of the agenda [3] - The event will be webcast starting at 8:00 a.m. ET, with in-person attendance by invitation only [4] Company Overview - Lucid Group is a Silicon Valley-based technology company focused on creating advanced electric vehicles, including the award-winning Lucid Air and Lucid Gravity SUV [4] - The company assembles its vehicles in vertically integrated factories located in Arizona and Saudi Arabia, emphasizing industry-leading technology and innovations in EV technology [4]

Financial Data and Key Metrics Changes - The company reported total revenue of $45 billion for Q4 2025, down approximately 5% year-over-year, primarily due to disciplined production and dealer inventory management [19] - EBIT adjusted was $12.7 billion for the full year, with adjusted automotive free cash flow of $10.6 billion, resulting in a year-end cash balance of $21.7 billion [16][19] - The company achieved a total return of 54% for investors in 2025 [5] Business Line Data and Key Metrics Changes - North America delivered EBIT adjusted of $2.2 billion with margins of 6.1% [23] - GM Financial's full-year EBIT adjusted was $2.8 billion, within guidance, and paid dividends of $1.5 billion to GM [25] - The company led the industry in full-size pickups and SUVs, with strong performance in crossovers [5][7] Market Data and Key Metrics Changes - The U.S. market share reached its highest level in a decade, marking the fourth consecutive year of market share growth [5] - New energy vehicle sales in China reached nearly 1 million units in 2025, representing over half of total sales in the region [25] - The company expects total U.S. SAAR to be in the low 16 million unit range for 2026 [27] Company Strategy and Development Direction - The company is focused on maintaining a strong balance sheet while investing in growth, with planned capital expenditures of $10-$12 billion annually [17][27] - The strategy includes onshoring production to meet demand for internal combustion engine (ICE) vehicles and enhancing supply chain resiliency [31] - The company is committed to EVs, with plans to reduce costs and improve profitability through new technologies and operational efficiencies [9][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving EBIT adjusted margins in North America of 8%-10% in 2026, supported by improved EV profitability and warranty expense trends [32] - The company anticipates a benefit of $1 billion-$1.5 billion related to right-sizing EV capacity [29] - Management acknowledged uncertainties in the regulatory environment but remains optimistic about future cash flows and profitability [32] Other Important Information - The company incurred $3.1 billion in gross tariff costs for 2025, which was below the predicted range [21] - The company plans to increase its quarterly dividend rate by 20% and has authorized a new share repurchase program of $6 billion [19][18] - The company is expanding its Super Cruise business into international markets and expects to grow OnStar services significantly [10][32] Q&A Session Summary Question: Pricing Assumptions - Management indicated that pricing is expected to be flat to up, primarily reflecting the annualization of 2025 pricing without significant increases planned [37][38] Question: Product Portfolio Dynamics - Management confirmed that the current portfolio is well-positioned, with a strong ICE lineup and plans for hybrid vehicles in key segments [40][41] Question: Inventory Discipline and Cash Flow - Management stated that inventory discipline will continue, contributing to stronger cash generation, with no significant buildup anticipated [47][48] Question: Industrial Bank Approval Impact - Management highlighted that the Industrial Bank will provide a complementary funding source, potentially lowering the cost of funds [51][52] Question: EV Volume Declines and ICE Demand - Management noted uncertainty in EV demand but is prepared to maximize ICE production to meet market needs [90][92] Question: North America Margin Guidance - Management clarified that the North America margin guidance reflects improvements in EV profitability and regulatory costs, contributing to overall EBIT expectations [78][80] Question: Memory Chip Supply and Pricing - Management confirmed that there are no current issues with memory chip supply, and the team is actively managing the situation [82][83]

For decades, the U.S. government acted as a regulator, referee, and lender of last resort. That era is over. More News from Barchart As of January 2026, the Trump administration has made a decisive shift: from writing checks to taking ownership. Through the Department of Defense and Department of Energy, the U.S. is now taking direct equity stakes in public companies tied to semiconductors, rare earths, lithium, and defense manufacturing. On Wall Street, this new approach has a nickname: “The American ...

Core Viewpoint - Ford Motor Company is pivoting its strategy regarding electric vehicles (EVs), focusing more on hybrids and gasoline-powered vehicles due to slower-than-expected EV market growth in the U.S. [2][3] Group 1: Strategic Shift - Ford's decision to pivot away from full-electric vehicles will incur approximately $19.5 billion in special charges, including the discontinuation of the F-150 Lightning EV [3] - CEO Jim Farley emphasized that Ford is not retreating from EVs but is instead adjusting its approach to bring more affordable EVs to market [4] Group 2: Market Dynamics - The U.S. EV market has not developed as quickly as anticipated, prompting Ford to redirect investments towards more profitable vehicle segments [2][6] - Ford's Model-e division, responsible for EVs, reported a loss of over $5 billion in 2024, highlighting the need for a strategic realignment [6] Group 3: Future Plans - Ford plans to redesign its assembly line into an "assembly tree" to enhance production efficiency and reduce costs [4] - A new Universal EV Platform is set to launch a $30,000 midsize electric pickup by 2027, with expectations of early profitability [4]

Core Viewpoint - The report from Zhonghang Securities indicates a strong recovery in the sales of new energy vehicles (NEVs) in nine European countries, projecting sales of 2.885 million units in 2025, a year-on-year increase of 32.6%, with a penetration rate of 29.0%, up by 6.7 percentage points [1][2]. Summary by Sections Overall Market Outlook - In 2025, NEV sales in nine European countries are expected to reach 2.885 million units, representing a 32.6% increase year-on-year, with a penetration rate of 29.0%, up 6.7 percentage points [2]. - The sales of Battery Electric Vehicles (BEVs) are projected at 1.892 million units, a year-on-year increase of 30.6%, while Plug-in Hybrid Electric Vehicles (PHEVs) are expected to reach 992,000 units, up 36.6% year-on-year [2]. Country-Specific Insights - **Germany**: The BEV sales are projected at 545,000 units, a 43.2% increase year-on-year, and PHEV sales at 311,000 units, up 62.3%. Germany will restart EV subsidies in January 2026, including Chinese brands [2][3]. - **United Kingdom**: BEV sales are expected to be 473,000 units, a 23.9% increase, and PHEV sales at 225,000 units, up 34.7%. EV subsidies will resume from July 2025 [2][3]. - **France**: BEV sales are projected at 326,000 units, a 12.1% increase, with December sales reaching 42,000 units, up 37.7%. Subsidies will continue into 2026 with increased standards [3]. - **Italy**: BEV sales are expected to be 95,000 units, a 44.2% increase, and PHEV sales at 99,000 units, up 89.4%. EV subsidies will be effective from October 22, 2025 [3]. - **Spain**: BEV sales are projected at 102,000 units, a 77.2% increase, and PHEV sales at 124,000 units, up 111.7%. The MOVES III subsidy plan will drive sales [3]. Investment Recommendations - The report suggests that the EU's proposal to adjust the 2035 emission reduction targets will not hinder the long-term trend of electrification in Europe. Instead, it will promote sales of small electric vehicles [4]. - Investment recommendations include: - **Lithium Batteries**: Recommended companies include CATL, Yiwei Lithium Energy, and Xinwangda [4]. - **Lithium Materials**: Recommended companies include Hunan Youneng and Tianci Materials [4]. - **Lithium Battery Structural Components**: Recommended companies include Minglida and Minth Group [4]. - **Power/Drive Systems**: Recommended companies include Weimaisi and Fute Technology [4]. - **Automotive Safety Components**: Beneficiary companies include Zhongrong Electric and Zhejiang Rongtai [4]. - **Charging Stations and Modules**: Recommended companies include Youyou Green Energy and Tonghe Technology [4].

Group 1 - Tesla has reportedly cut its workforce at the Gigafactory in Berlin, despite earlier denials [1] - Internal documents indicate that Tesla's current workforce in Berlin consists of 1,683 women, 9,006 men, and 14 non-binary individuals, totaling 10,703 workers [2] - A comparison with 2024 documents shows a reduction of 1,712 workers from a previous workforce of 1,788 women, 10,616 men, and 11 non-binary workers [3] Group 2 - Tesla plans to ramp up production at the Berlin Gigafactory due to increased vehicle demand following record Q3 deliveries, supplying vehicles to over 37 markets [4] - The company will introduce the affordable Model Y Standard trim in Europe, priced at $39,990 in the U.S. and offering an EPA-certified range of 321 miles [5] Group 3 - Despite the Model Y SUV being the best-selling EV in the U.S. with over 357,528 units sold and a market share exceeding 58%, Tesla has experienced declining sales in multiple markets [6] - Tesla's European sales fell nearly 50% last year, allowing rival BYD to surpass it as the world's largest EV maker for the first time [6] Group 4 - Tesla's stock rose by 2.91% to $431.44 at market close and gained an additional 0.63% to $434.15 in after-hours trading [7]

Core Insights - Ford Motor Company has shifted its focus from electric vehicles to traditional combustion and hybrid vehicles, resulting in a 33% increase in stock price over the year [2][3] - The company announced the discontinuation of its electric F-150 Lightning trucks and plans for other large electric trucks, opting instead for hybrid vehicles and smaller, more affordable EVs [4][6] - Despite a $19.5 billion non-cash impairment charge due to the shift in strategy, the move is expected to enhance profitability in the long term [4] Financial Performance - Revenue for the first three quarters of the year increased by 3% to $141.4 billion, while adjusted operating income fell from $8.1 billion to $5.7 billion, primarily due to a fire at a key supplier's plant [5] - The company is projected to achieve adjusted earnings per share of $1.52 in 2026, up from a forecasted $1.10 in 2025, indicating strong profit growth expectations [8] Strategic Outlook - Ford's new strategy focuses on higher-margin combustion and hybrid vehicles, positioning the company favorably for future growth [8] - The stock is currently trading at approximately 9 times earnings, suggesting potential for further gains if macroeconomic conditions remain stable [9]