Autos
GM eyes new battery chemistry to grow AI data center, energy storage business
GM is expanding efforts to capitalize on the expected growth of energy storage and data centers and the development of next-generation sodium-ion batteries.
Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
The R2 SUV is meant to transform Rivian from a niche EV manufacturer that sells luxury vehicles into a more mainstream brand like U.S. EV leader Tesla.
UAW union strike threatens General Motors truck production
Nearly 1,000 workers at a Michigan supplier plant that notably makes parts for GM pickup trucks went on strike Monday after not reaching a new contract deal.
More monthly auto loan payments are above $1,000, and most are not for luxury models
The top five models for the $1,000-plus payments were popular pickup trucks including the Ford F-150, Chevrolet Silverado 1500 and Ram 1500.
AutoZone stock has worst day in four years, despite retailer beating Wall Street estimates
Concerns include international growth and margin compression as well as pressures from inflation, energy costs and potential supply chain disruptions.