Ford tries to reverse losses while GM looks to further strengthen position.
Model to go on sale next year as part of expanded hydrogen fuel-cell business.
Loosening inventories balance economic pressures, including rising interest rates.
Says it’s the biggest EV pizza-delivery fleet in the country.
Aims to compete with Tesla via ‘solidly profitable’ lineup in 2025.
After toppling GM last year, carmaker may be bumped down after facing market woes common throughout the industry.
“Retail margin” sales could bring carmaker “thousands” of EV customers.
General Motors will offer buyouts to U.S. Buick dealers who do not opt in to the brand’s plans to be all-electric by 2030.
GM retools supply chain to get tens of thousands of vehicles awaiting parts to consumers quickly and ward off future supply chain challenges.
But the automaker remains bullish that stronger results are possible in the second half of the year.
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