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President Trump Highlights American Manufacturing at GM's Milford Proving Ground

President Trump Highlights American Manufacturing at GM's Milford Proving Ground

President Trump visited General Motors' Milford Proving Ground, marking the first visit by a sitting U.S. President to the facility. The visit was part of an event to showcase American automotive innovation and manufacturing. GM's Chair and CEO Mary Barra, along with other executives, welcomed the President, who observed vehicle demonstrations and discussed GM's commitment to U.S. manufacturing. The event highlighted GM's investment in the U.S., with over $16 billion allocated for manufacturing and R&D. The President's visit underscored the importance of the automotive industry to the U.S. economy and the role of innovation in maintaining competitiveness.

President Trump Promotes Economic Agenda Amid Rising Concerns in Michigan

President Trump Promotes Economic Agenda Amid Rising Concerns in Michigan

President Trump visited Michigan to advocate for his economic policies, focusing on the state's automotive industry, which has been affected by tariffs. The visit comes as Republicans express concern over voter frustration with rising prices, particularly due to the ongoing conflict in Iran. Trump toured the General Motors Proving Ground and delivered a speech highlighting his administration's trade policies, which he claims have brought jobs back to Michigan. However, he faced criticism for downplaying high fuel prices and shifting focus from economic issues to other topics during his address. The visit is part of a broader Republican strategy to contrast their policies with those of the Democrats, especially in light of the upcoming elections.

Jefferies Upgrades General Motors and Ford, Predicts Significant Stock Gains

Jefferies Upgrades General Motors and Ford, Predicts Significant Stock Gains

Jefferies Upgrades General Motors and Ford, Predicts Significant Stock Gains

President Trump says White House ordered 250 Cadillac Escalades

President Trump says White House ordered 250 Cadillac Escalades

President Trump announced the White House ordered 250 Cadillac Escalades for government use during a Michigan speech.

President Trump Claims Tariffs Boosted GM Production Amid Michigan Job Losses

President Trump Claims Tariffs Boosted GM Production Amid Michigan Job Losses

During a visit to General Motors' Milford Proving Ground in Michigan, President Trump claimed that his tariffs have revived American car production, stating, 'I've done more for you than your parents.' Despite these claims, Michigan lost approximately 4,000 auto parts jobs in the year ending June 2026. Trump's 25% tariff on foreign automobiles was credited with a 20% increase in GM's truck and SUV production. However, the broader impact on Michigan's automotive employment remains mixed, with vehicle manufacturing adding some jobs but not offsetting parts-sector losses.

Ford Outpaces GM and Tesla with Strong Q2 Earnings and Raised Guidance

Ford Outpaces GM and Tesla with Strong Q2 Earnings and Raised Guidance

Ford Outpaces GM and Tesla with Strong Q2 Earnings and Raised Guidance

Ford joins GM in raising profit outlook as wealthy buyers keep truck demand humming

Ford joins GM in raising profit outlook as wealthy buyers keep truck demand humming

By Nora Eckert DETROIT, July 28 (Reuters) - Ford Motor on Tuesday raised its annual profit outlook for a second time this year, following rival GM's move last week, citing "resilient" customers who are buying the company's pricey pickup trucks.

Sunvega Launches AI-Native Workspace to Enhance Spatial Design and Manufacturing

Sunvega Launches AI-Native Workspace to Enhance Spatial Design and Manufacturing

Sunvega Launches AI-Native Workspace to Enhance Spatial Design and Manufacturing

Scyne Advisory Appoints Michelle Perugini as Managing Director to Enhance AI Capabilities

Scyne Advisory Appoints Michelle Perugini as Managing Director to Enhance AI Capabilities

Scyne Advisory Appoints Michelle Perugini as Managing Director to Enhance AI Capabilities

OMODA 4 Set to Make ASEAN Debut, Sparking Global Enthusiasm

OMODA 4 Set to Make ASEAN Debut, Sparking Global Enthusiasm

OMODA 4 Set to Make ASEAN Debut, Sparking Global Enthusiasm

20th Anniversary of 'Who Killed the Electric Car?' Reflects on EV Evolution

20th Anniversary of 'Who Killed the Electric Car?' Reflects on EV Evolution

20th Anniversary of 'Who Killed the Electric Car?' Reflects on EV Evolution

Subaru is making a bet most rivals just abandoned

Subaru is making a bet most rivals just abandoned

Every industry gets one moment when the crowd changes its mind all at once. It gets written up later as strategy. Up close it looks more like relief, a room full of executives who spent three years promising one future finally allowed to say out loud that the math never worked. The write-down gets ...