GM reportedly suspending next-gen EV truck program at Factory Zero [Yahoo! Finance]
Cars.com Inc. (CARS)
Last cars.com inc. earnings: 2/26 07:30 am
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Source: Yahoo! Finance
The suspension of the program was reported by Crain's Detroit Business , which cited three anonymous sources. GM spokesman Kevin Kelly said in a statement sent to the Detroit Free Press that GM has not disclosed any potential plans or timing for next-generation battery trucks and would not engage in speculation. GM had said it intended to start production of refreshed versions of the GMC Sierra, Chevrolet Silverado, Escalade IQ and Hummer SUV and pickup in 2028. The 2026 Chevrolet Silverado EV, starting at $52,800, was named best pickup truck by Cars.com. GM consolidated most of its electric vehicle production at Factory Zero last year amid production changes responding to smaller-than-anticipated consumer demand. Factory Zero underwent several rounds of layoffs and production stops as the company said it needed to rightsize production. GM looking to put off EV truck production is not some shocking reversal, it's an admission that the company's manufacturing cadence and foo
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News
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- Cars.com (CARS) had its "buy" rating reaffirmed by BTIG Research. They now have a $13.00 price target on the stock.MarketBeat
- 3 Reasons to Sell CARS and 1 Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
CARS
Earnings
- 2/26/26 - In-Line
CARS
Sec Filings
- 4/17/26 - Form ARS
- 4/17/26 - Form DEFA14A
- 4/9/26 - Form 8-K
- CARS's page on the SEC website