General Motors (GM) 30-day option implied volatility near low end of range
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Biden calls on automakers and union to come together on 'a fair agreement'
August 14, 2023 1:52 PM EDTWith just a month remaining until the expiration of contracts, Detroits Big Three and the United Auto Workers (UAW) union are still at odds, struggling to reach a mutual understanding. On Monday, U.S. President Joe Biden urged both the automotive union and the corporations they are associated with to come together on an agreement soon.
"Im asking all sides to work together to forge a fair agreement," Biden... More
Shares of Ford (F) and GM (GM) strained as UAW strike becomes more likely
August 11, 2023 9:22 AM EDTAlthough theres not a lot of details surrounding the ongoing UAW negotiations, Citi believes the recent ups and downs in GM (NYSE: GM) and Ford's (NYSE: F) stock prices might be aggravated by worries that there could be a strike. The chance of a strike happening seems to be getting higher, but the stock market sees it as something uncertain. Looking at how negotiations went before, Citi doesnt believe the news right now is good enough... More
Illinois EPA announces funding dates for next round of EV rebates
August 10, 2023 3:06 PM EDTThe Illinois Environmental Protection Agency (EPA) announced Thursday that the upcoming funding phase for the Electric Vehicle (EV) Rebate Program in Illinois will begin on Wednesday, November 1, 2023, and conclude on Wednesday, January 31, 2024.
Those who buy a new or used all-electric vehicle from a licensed dealer in Illinois, fulfill all... More
