GM CEO Mary Barra Says Skilled Trades Could Be More ‘AI-Proof’ As Company Invested $200 Million In Training

Volkswagen's shares dropped 7.5% after cutting its operating-margin forecast due to a Porsche write-down and weak Chinese demand. US auto groups, including Ford and GM members, urged Trump to maintain restrictions on Chinese BYD vehicles. GM shares fell 5%, Ford 4%, and Stellantis 5% in US markets.

General Motors (GM) shares fell 5.2% on Friday, the worst session since July 2025, due to record diesel prices and rising Treasury yields. Diesel prices exceeded $6.30 per gallon after a drone strike in Saudi Arabia, while the 10-year Treasury yield reached 5.04%. Ford Motor (F) also declined 2.9%.

General Motors (GM) delivered Patriot missile components to Lockheed Martin in three weeks, faster than traditional defense suppliers. The partnership aims to address depleted U.S. missile stockpiles and increase production. GM expects $700M in defense revenue this year, diversifying its income streams. Lockheed Martin seeks to reduce supply chain concentration and improve resilience.

GM Defense delivered Patriot missile parts to Lockheed Martin 22 days after signing a contract, aiming for $700M in defense revenue. GM also announced new V-8 engines for 2027 Silverado and Sierra pickups, with V-8s making up 55-61% of current sales.

General Motors (GM) stock rose 2.8% after Lockheed Martin confirmed receiving Patriot missile components from GM Defense just 22 days post-agreement. The Pentagon aims to boost missile production to 6,000 units annually from 2,500, with $22 billion allocated for munitions amid Iran-related conflicts. GM's defense division is part of its strategy to diversify revenue.

General Motors (GM) delivered missile components for the Patriot PAC-3 MSE interceptor to Lockheed Martin, marking its first such delivery since World War II. The U.S. Department of Defense is integrating civilian production to address missile stockpile depletion. GM Defense, GM's subsidiary, aims to leverage automotive manufacturing expertise for defense contracts, with defense revenue projected to reach $700M this year.