General Motors and Ford have secured contracts to build prototype tactical trucks for the U.S. Army under new rules signed by President Donald Trump limiting access to China-sourced materials, parts and software for defense contractors.
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Despite current spikes in gasoline prices, GM says it can’t make full-size pickup trucks and SUVs fast enough for American consumers. Automotive analyst Lauren Fix joins “The Hill” to explain what going on. #Autos #Business "The Hill on NewsNation" combines the power of two trusted news sources to define today's most-pressing issues, and question Washington's power brokers on what matters most to the people they serve and what matters most to Americans.
The company's revenue in the second quarter was $48.03 billion versus the expected $47.01 billion, and its earnings per share was an adjusted $3.57 versus an expected $3.20.
General Motors has cut 1,000 jobs at its Detroit facility, and it later installed about 50 robots on the assembly line. GM has faced backlash over this, but the company says there's more to it than replacing humans. NewsNation's Nick Smith reports. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
General Motors and Lockheed Martin have agreed to explore ways to accelerate the production of American military equipment.
A new poll of workers' union members has revealed surging support for Nigel Farage's Reform UK party and collapsing support for the governing Labour Party.
A new poll of workers’ union members has revealed surging support for Nigel Farage’s Reform UK party and collapsing support for the governing Labour Party. PULSE POINTS WHAT HAPPENED: Nigel Farage’s Reform UK party has drawn level with Prime Minister Sir Keir Starmer’s Labour Party—founded to represent union workers over a century ago—for support among public sector union members, according to a new poll. DETAIL: Conducted by JL Partners, the poll of roughly 1,000 public sector union members found that Reform UK and Labour are tied at 28 percent support. This signifies a 20-point decline for Labour since the most recent general election, which took place in early July 2024 . In particular, the poll revealed that Reform UK is…Open
The U.S. weapons stockpile is dwindling amid several conflicts, and now the Pentagon is asking auto giants, like General Motors and Ford, to help. NewsNation’s Elizabeth Prann has the details.
The Pentagon has been talking with companies including GM, Ford, GE Aerospace and Oshkosh.
As the war in Iran continues, the Pentagon is reportedly asking some of America’s industrial giants to play a larger role in weapons production. The Wall Street Journal reports that the Trump administration has approached Ford, GM, and several other manufacturers to help accelerate weapons production. NewsNation’s Elizabeth Prann joins “Morning in America” with the latest. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.