By Nora Eckert and Nathan Gomes (Reuters) -General Motors lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the automaker awaits expected relief on tariffs in the U.S. while confronting a weakening market for electric vehicles. The company now expects its annual adjusted core profit to be between $12.0 billion to $13.0 billion, compared with its prior estimate of $10.0 billion to $12.5 billion. The Detroit automaker said tariffs would hit its bottom line les ...

Key Points Ferrari just updated guidance and presented its 2030 strategic plan. Wall Street analysts were disappointed by the company's Capital Markets Day update. Ferrari is scaling back its electric-vehicle ambitions. 10 stocks we like better than Ferrari › Ferrari (NYSE: RACE) stock is racing toward its worst trading day since the luxury automaker listed shares on the Milan stock exchange nearly 10 years ago. The company updated investors at its Capital Markets Day event in Italy, but it wasn't ...

Electric cars will make up just 20% of the sports car model lineup by 2030 ...