Here is What to Know Beyond Why General Motors Company (GM) is a Trending Stock
- General Motors (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 04/30/2024
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Goldman Sachs in talks with Barclays to take over GM credit card business: WSJ
- Goldman Sachs Group Inc. is in talks with Barclays about transferring its General Motors credit-card business as it continues its move away from the consumer lending business, The Wall Street Journal reported Tuesday.
- 04/30/2024
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Report: Goldman Could Hand off GM Card to Barclays
- Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance of the cards, the latest in its long-term project to move away from consumer lending, the Wall Street Journal (WSJ) reported Tuesday (April 30).
- 04/30/2024
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Goldman in talks to unload GM credit-card partnership to Barclays, WSJ reports
- Goldman Sachs is in talks to transfer its General Motors credit-card program to Barclays , the Wall Street Journal reported on Monday, citing people familiar with the matter.
- 04/29/2024
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Goldman in Talks to Unload GM Credit-Card Partnership to Barclays
- The deal including roughly $2 billion of card balances could be struck by summer.
- 04/29/2024
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Are Auto-Tires-Trucks Stocks Lagging General Motors (GM) This Year?
- Here is how General Motors Company (GM) and Paccar (PCAR) have performed compared to their sector so far this year.
- 04/29/2024
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General Motors Company (GM) Hits Fresh High: Is There Still Room to Run?
- General Motors (GM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 04/29/2024
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5 Broker-Admired Stocks That Investors Need to Watch
- We believe that one should keep a tab on stocks like General Motors (GM), CVR Energy (CVI), Delek US Holdings (DK), American Airlines (AAL) and Ford Motors (F).
- 04/29/2024
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Tractor-trailers with no one aboard? The future is near for self-driving trucks on US roads.
- On a three-lane test track along the Monongahela River, an 18-wheel tractor-trailer rounded a curve. No one was on board.
- 04/29/2024
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3 Value Stocks to Buy on the Dip: April 2024
- Outside of recent rumblings, the sentiment surge in the equities space this year has taken some of the shine off value stocks to buy on the dip. It's not that the concept lost relevance or popularity.
- 04/29/2024
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AI builds electric vehicle stock portfolio for May, 2024
- The electric vehicle (EV) market is experiencing robust growth in 2024, leading the automotive industry with strong representatives in the United States and China. Hence, Finbold asked Elon Musk's artificial intelligence (AI) model to build a stock portfolio for EV exposure in May.
- 04/28/2024
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Top Wall Street analysts favor these 3 stocks for their growth potential
- TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.
- 04/28/2024
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Large Pension Bets Big on AMD, Walmart, Peloton Stock. It Sold GM.
- State of Michigan Retirement System bought more AMD stock, quintupled a Peloton stake, tripled its Walmart stake, and sold GM shares.
- 04/28/2024
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The Top 3 Transportation Stocks to Buy in April 2024
- The transportation sector literally helps to drive the U.S. economy forward. According to the U.S. Department of Transportation, the transportation and warehouse sector made up of planes, trains and automobiles contributed $1.7 trillion to the economy in 2022 (latest statistics available).
- 04/27/2024
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Is General Motors Stock Going to $55? 1 Wall Street Analyst Thinks So.
- GM recently reported strong Q1 2024 financial results. The company raised 2024 free cash flow guidance.
- 04/26/2024
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7 Must-Buy Stocks to Lock In a Luxurious Lifestyle
- If you're on the hunt for stocks to get rich, you're in the right place. These seven stocks, each offering distinct opportunities for financial success, stand out among the plethora of investing choices.
- 04/26/2024
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General Motors to shut manufacturing operations in Colombia, Ecuador -statement
- Car maker General Motors will close its manufacturing operations in Colombia and Ecuador, the company said in a statement on Friday, as part of its shift towards producing next-generation vehicles.
- 04/26/2024
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Why General Motors Company (GM) is a Top Value Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 04/26/2024
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3 Recession-Proof Stocks to Add to Your Portfolio in 2024
- Talk of a recession has died down considerably in recent months. A year ago, economists and analysts were predicting higher interest rates would send the economy into a recession, hurting the workforce and corporate earnings.
- 04/26/2024
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1 Excellent Bank Stock to Buy Right Now
- This online bank is a leader in its core business and trades cheaply.
- 04/26/2024
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Tesla, GM, and Ford Have Had Quite a Week. All the Numbers That Matter.
- Tesla ended the quarter with less than 50% BEV market share in the U.S. for the first time.
- 04/26/2024
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Automaker Earnings: Consumers Balk at High E.V. Prices
- Ice vehicles are powering profits for GM and Ford (F), notes Kevin Roberts. He and William McDonough discuss the takeaways from U.S. automaker earnings.
- 04/25/2024
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Final Trades: General Motors, Verizon and the XLU
- The Investment Committee give you their top stocks to watch for the second half.
- 04/25/2024
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General Motors (GM) Is Attractively Priced Despite Fast-paced Momentum
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, General Motors (GM) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 04/25/2024
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Forget Tesla, GM Stock Is the Real Deal for Long-Term Investors
- Some stocks are ideal for short-term trading because they're fast movers. In contrast, General Motors (NYSE: GM ) stock is meant to be bought and held for a long time.
- 04/25/2024
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3 Behind-the-Headlines Takeaways From General Motors' Q1 Report
- GM's first-quarter report had more than great top- and bottom-line numbers. The company's pricing is holding up better than expected -- and a small crossover is doing big numbers.
- 04/25/2024
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1 Incredible Stock You Can Buy for a Ridiculously Cheap Valuation Right Now
- The automaker just reported stellar results and guidance -- and it trades for a ridiculously low valuation.
- 04/25/2024
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General Motors Axes OnStar Smart Driver System After Privacy And Insurance Complaints
- General Motors announced Wednesday it is discontinuing OnStar Smart Driver, an optional program that provided users with data about their driving, across all of its vehicles, doing so after complaints surfaced about privacy violations and how user information was shared with data analytics companies LexisNexis and Verisk.
- 04/24/2024
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3 EV Stocks to Buy ASAP Before Demand Ramps Right Back Up
- Since the beginning of 2024, concern for the electric vehicle (EV) market has risen while many EV stocks have trended downward. After enjoying a red-hot surge of enthusiasm, the sector has definitely cooled.
- 04/24/2024
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Top Auto Stocks To Invest In 2024? 2 For Your Watchlist
- Auto stocks to watch in the stock market today.
- 04/24/2024
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GM CEO Barra compensation fell 4% in 2023 to $27.8 million
- General Motors CEO Mary Barra's total compensation in 2023 fell 4% to $27.8 million, the largest U.S. automaker said Wednesday.
- 04/24/2024
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Ford Stock Hammered by Competitors
- The figures are straightforward. Over the past two years, Ford Motor Co. (NYSE: F) shares have gone down 14%.
- 04/24/2024
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General Motors' Shocking Turnaround and Bright Future
- GM stock is up after increasing guidance again for 2024.
- 04/24/2024
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Time to Buy General Motors (GM) Stock After Strong Q1 Results
- While investors anxiously awaited quarterly results from magnificent seven-player Tesla (TSLA) after Tuesday's market hours, they shouldn't overlook General Motors (GM) stock with the company blowing away its Q1 expectations this morning.
- 04/23/2024
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GM is 'positioned very well' with EV exposure, analyst says on Q1 earnings report
- Shares of General Motors (GM) are trading higher on Tuesday after the automaker reported better-than-expected first-quarter earnings results. RBC Capital Global Auto Analyst Tom Narayan joins Yahoo Finance to discuss the company's outlook on the US auto market, stating that GM is positioned "very well" for the road ahead.
- 04/23/2024
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Technical Support: Meta, Dominion Energy & General Motors
- Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss the technical support for a few companies.
- 04/23/2024
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GM shareholder Jim Lebenthal has a bold call on where the stock is headed
- Jim Lebenthal, chief equity strategist at Cerity Partners, joins CNBC's "Halftime Report" to discuss the stock's recent performance.
- 04/23/2024
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General Motors lifts 2024 profit forecast after strong Q1
- General Motors reported higher profits Tuesday thanks to continued strength in North America that offset a loss in its China business, enabling the carmaker to lift its forecast.
- 04/23/2024
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Stock of the Day: General Motors
- Renita Young dives into General Motors' latest earnings numbers. Find out more about the company's continued push into the EV space, and what's next for the legacy automaker.
- 04/23/2024
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GM Shares Pop After Earnings Beat, EV Update from CEO
- Renita Young dives into General Motors' latest earnings numbers. Find out more about the company's continued push into the EV space, and what's next for the legacy automaker.
- 04/23/2024
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Danger Zone: 7 EV Stocks Poised for a Painful Plunge
- The EV sector continues to undergo a period of extreme difficulty. EV sales growth is slowing, adoption rates are not as high as they once were, and global demand has weakened severely.
- 04/23/2024
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General Motors (GM) Tops Q1 Earnings Estimates, Lifts '24 View
- For full-year 2024, General Motors (GM) now expects adjusted EBIT in the range of $12.5-$14.5 billion, up from $12-$14 billion guided earlier.
- 04/23/2024
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Cautious on all Big Three automakers amid pricing and EV headwinds, says Wells Fargo's Langan
- Colin Langan, Wells Fargo auto and mobility analyst, joins 'Squawk on the Street' to discuss the analyst's thoughts on General Motors, the expectations coming into this quarter, and more.
- 04/23/2024
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GM Stock Rises on Earnings Beat, Guidance Boost
- General Motors (GM) shares surged in intraday trading Tuesday after the biggest U.S. automaker posted better-than-expected quarterly results and raised its guidance on powerful North American sales, driven by demand for gas-powered pickup trucks.
- 04/23/2024
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Tech Companies Start Reporting Q1 Earnings
- As Q1 earnings season rolls along, market outlooks seem sunnier. For one thing, we're not seeing many bleak, bad misses from companies yet reported; if anything, we've been pleasantly surprised by results from big Wall Street banks, major manufacturers, etc.
- 04/23/2024
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GM CFO talks Q1 earnings, 'choppy' EV adoption, pricing, and competition
- General Motors (GM) reported first quarter results that topped analyst estimates on both the top and bottom lines. The automaker also raised its full-year profit outlook.
- 04/23/2024
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GM Deals More Pickups, Sending Its Stock Higher
- General Motors (NYSE: GM) is making a splash in the markets today after reporting better-than-expected first quarter earnings.
- 04/23/2024
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General Motors (GM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- Although the revenue and EPS for General Motors (GM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 04/23/2024
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General Motors Company (GM) Q1 Earnings and Revenues Beat Estimates
- General Motors Company (GM) came out with quarterly earnings of $2.62 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $2.21 per share a year ago.
- 04/23/2024
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General Motors raises 2024 guidance after big first-quarter earnings beat
- CNBC's Phil LeBeau joins 'Squawk Box' to report on the company's quarterly earnings results.
- 04/23/2024
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GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
- Pickup trucks and resilient consumer spending powered GM's 24% increase in quarterly profit, but China remains a trouble spot.
- 04/23/2024
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GM's blowout earnings send its stock charging higher
- General Motors Co. GM, +1.98% reported better-than-expected first-quarter earnings on Tuesday, while increasing its profit outlook for the full year. Shares were up 4% in premarket action.
- 04/23/2024
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General Motors accelerates revenue, net income and EPS with speedy financial results
- General Motors Co. (NYSE: GM) on April 23rd reported better-than-expected financial results, with a rise in both revenue and EPS from the previous quarter. The company reported net income attributable to stockholders of $3.0 billion.
- 04/23/2024
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General Motors beats quarterly results targets, raises forecast
- General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles.
- 04/23/2024
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General Motors is set to report earnings before the bell. Here's what Wall Street expects
- Wall Street expects GM to report solid results for the first quarter, with vehicle pricing remaining higher than anticipated.
- 04/23/2024
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GM Earnings Preview: What to Expect in Q1 2024
- GM is outperforming rivals like Tesla, but will that continue?
- 04/22/2024
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Will Rise in Retail Sales Aid General Motors' (GM) Q1 Earnings?
- The Zacks Consensus Estimate for General Motors' (GM) first-quarter earnings and revenues is pegged at $2.06 per share and $40.61 billion, respectively.
- 04/22/2024
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Q1 Earnings Season Gathers Pace
- We again have an eventful week for the stock market. As the S&P 500 tries to shake its three-week losing streak, we see sky-high valuations and record-high closings have given way to a more concerned, meditative trading sentiment.
- 04/22/2024
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Busy Week Hoping to Shake Some Life into Markets
- Much of what concerns us will have been addressed by the end of the week, including important economic reports and Q1 earnings season hitting a higher gear.
- 04/22/2024
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GM vs F: Which Stock Looks More Promising Ahead of Q1 Earnings?
- GM seems a better pick now compared to F, given its solid earnings history, northbound estimates revisions, compelling valuation, a more manageable debt ratio, better margins, and cost-cut efforts.
- 04/22/2024
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Lithium Overdose: Can These 2 Lithium Stocks Recover in 2024?
- The electric vehicle (EV) trend brought the spotlight on the demand for lithium used in EV batteries. The fear of a dwindling supply of lithium and growing demand for it caused lithium carbonate prices to surge as high as $81,360 per tonne in November 2022.
- 04/22/2024
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The Magnificent Seven have gotten less magnificent ahead of earnings. This one could have the most explaining to do.
- The so-called Magnificent Seven — Apple Inc., Nvidia Corp., Microsoft Corp., Tesla Inc. Google parent Alphabet Inc., Amazon.com, Meta Platforms Inc., the parent of Facebook and Instagram — have done the heavy lifting for the U.S. stock market since last year's massive artificial intelligence stock-buying bender.
- 04/21/2024
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Full Speed Ahead: 3 Transportation Stocks Picks Delivering Stellar Returns
- Given the current, strong state of the macro economy, many transportation stocks have performed very well in recent months. And that trend is likely to continue for the foreseeable future.
- 04/21/2024
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Robotaxi technology is not good enough to work everywhere: Edge Case Research CEO
- Tesla (TSLA) CEO Elon Musk has turned his attention to the latest endeavor for the EV company: robotaxis. After the heavy criticisms lobbed toward Tesla's own full self-driving features and other automakers' robotaxi fleets is this the right move for the electric vehicle innovator?
- 04/19/2024
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Key Predictions Ahead of General Motors (GM) Q1 Earnings
- The Zacks Consensus Estimate for General Motors' (GM) first-quarter earnings and revenues is pegged at $2.06 per share and $40.61 billion, respectively.
- 04/19/2024
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General Motors (GM) Is Considered a Good Investment by Brokers: Is That True?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/19/2024
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to General Motors (GM). This makes it worthwhile to examine what the stock has in store.
- 04/19/2024
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Should You Buy General Motors (GM) Ahead of Earnings?
- General Motors (GM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/19/2024
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LKQ Gears Up to Report Q1 Earnings: Here's What to Expect
- The Zacks Consensus Estimate for LKQ's first-quarter earnings per share and revenues is pegged at 94 cents and $3.79 billion, respectively.
- 04/19/2024
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Top 5 S&P 500 Giants Set to Beat on Q1 Earnings Next Week
- We have narrowed our search to five S&P 500 bigwigs that are poised to beat on earnings results next week. These are: META, GM, URI, HES, VLO.
- 04/19/2024
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GM and Ford count on gas-powered trucks as EV growth slows
- U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter results next week: Explaining to investors where profit growth will come from in the months ahead as EV growth slows.
- 04/19/2024
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NIO Stock: GM Joint Venture Just Plugged Into the Nio Charging Network
- Nio (NYSE: NIO ) is expanding its electric vehicle (EV) charging network through an important new partnership. After months of struggling, the Chinese EV producer needs a growth driving catalyst — and it may have just found one.
- 04/18/2024
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General Motors (GM) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for General Motors (GM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.
- 04/18/2024
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GM and Ford liked most into auto earnings season, Tesla 'high risk'
- General Motors (NYSE:GM) is the great hope of the upcoming automobile sector earnings season, with worries about Tesla, Ford and some component suppliers raised by two investment banks on Tuesday. UBS said it favoured “legacy OEMs” such as GM and Ford (NYSE:F) amid “tough times for suppliers”.
- 04/16/2024
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Calls of the Day: Uber, GE Vernova and General Motors
- The Investment Committee debate the latest Calls of the Day.
- 04/16/2024
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General Motors Company (GM) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
- General Motors (GM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/16/2024
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US investigating GM Cadillac Lyriq EVs over brake assist failures
- The National Highway Traffic Safety Administration (NHTSA) has launched a preliminary evaluation after receiving multiple reports of Cadillac Lyriq EVs losing their brake boost assist.
- 04/15/2024
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GM plans to move headquarters to different building in Detroit-source
- General Motors is moving its headquarters deeper into downtown Detroit after spending more than 20 years in its riverfront home at the Renaissance Center, a person familiar with the matter said on Monday.
- 04/15/2024
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Pick These 4 Low P/CF Stocks to Boost Your Portfolio
- Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. PAGS, ATGE, KBH & GM boast a low P/CF ratio.
- 04/15/2024
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5 Low Price-to-Book Stocks to Enhance Your Portfolio
- The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), JD.com (JD), KB Home (KBH), Qifu Technology (QFIN) and Adtalem Global Education (ATGE) are some such stocks.
- 04/15/2024
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US opens probe into over 3,300 GM Cadillac Lyriq vehicles over loss of brake assist
- The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it has opened a preliminary evaluation to investigate claims of loss of brake assist on over 3,300 GM Cadillac Lyriq vehicles.
- 04/15/2024
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Girl Power Portfolio: 3 High-Potential Stocks With Women CEOs to Buy Now
- In a setting historically dominated by male leadership, women at the helm of major corporations is still considered something of a novelty. You don't see many articles about a company's first male CEO, but there's always a buzz when the first woman gets hired to the same position.
- 04/12/2024
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Are Auto-Tires-Trucks Stocks Lagging General Motors (GM) This Year?
- Here is how General Motors Company (GM) and Paccar (PCAR) have performed compared to their sector so far this year.
- 04/12/2024
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5 Broker-Favored Stocks to Watch as Inflation Woes Resurface
- We believe that stocks like General Motors (GM), CVR Energy (CVI), Alaska Air (ALK), Alta Equipment (ALTG) and Bread Financial (BFH) should be on an investor's watchlist.
- 04/12/2024
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Sleeping Giants: 3 Stocks Set for a Massive Rebound by 2026
- Finding opportunities that offer considerable returns in the fast-paced world of investing demands astute awareness of changing market circumstances. Three prominent participants are noticeable as they look out into the stock market.
- 04/11/2024
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General Motors' (GM) Cruise to Restart Operation in Arizona
- General Motors' (GM) Cruise to restart operation with human drivers in Phoenix, AZ, after six months.
- 04/11/2024
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Calls of the Day: Albemarle, General Motors, Broadcom, Disney and ServiceNow
- The Investment Committee discusses the latest Calls of the Day.
- 04/10/2024
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EV demand to stay pressured to traditional manufacturers' benefit - analysts
- Electric vehicle (EV) demand is likely to remain downtrodden as traditional carmakers enjoy a strong first quarter, Bank of America analysts have said. “We expect traditional original equipment manufacturers to deliver another solid quarter while pure-play EV manufacturers are more challenged by soft demand,” a note read.
- 04/10/2024
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Ford, GM Stock Price Targets Are Rising. Wall Street Trims Tesla Stock.
- Decelerating sales growth of electric vehicles has Wall Street is adjusting automotive-stock price targets. It's good to be a gas guzzler.
- 04/10/2024
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Here's Why General Motors Company (GM) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 04/10/2024
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New Mexico's EV Mandate Supports Sustainability Amid Challenges
- While the mandate marks progress toward sustainability, concerns related to affordability and inadequate EV charging infrastructure in rural areas persist.
- 04/10/2024
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Will U.S. Steel-Nippon Deal Tensions Impact Auto Industry?
- If the U.S. Steel (X) acquisition by Nippon doesn't go through, it will reinvigorate Cleveland-Cliffs' (CLF) acquisition plans, which the automakers are concerned about due to antitrust issues.
- 04/10/2024
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3 Auto Giants Surging in 2024: Time to Buy?
- In the first quarter of 2024, several auto giants began to show signs of strength. Undoubtedly, shares of numerous traditional automakers have lost considerable ground in recent years at the hands of macro headwinds.
- 04/10/2024
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GM's Cruise robotaxi unit relaunches — with human drivers — in Phoenix
- After suspending operations last fall, Cruise, the troubled autonomous-driving unit of General Motors Co., plans to gradually return to city streets, starting in Phoenix.
- 04/09/2024
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Tesla set to launch its robotaxi as race with GM and Google intensifies
- According to a report from Bloomberg, General Motors (GM) is set to resume testing of its Cruise robotaxi in Phoenix, Arizona, while Elon Musk announced on Friday in a post on X.com that Tesla (TSLA) will be unveiling its robotaxi on August 8. In addition, Google's (GOOG,GOOGL) self-driving unit, Waymo, has begun to roll out its self-driving unit in Phoenix in conjunction with Uber Eats (UBER).
- 04/09/2024
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Cruise Resumes Robotaxi Tests—Months After Pausing Operations Amid Safety Concerns
- Cruise—General Motors' self-driving brand—will resume tests for its robotaxi service, the company announced Tuesday, months after Cruise suspended operations amid scrutiny of its driverless cars, which increased after Forbes reported a pedestrian was inadvertently dragged by one of the company's vehicles.
- 04/09/2024
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GM's Cruise to relaunch vehicles with human drivers in Phoenix
- GM's Cruise self-driving car unit will relaunch for the first time since October beginning with a small fleet of human-driven vehicles in Phoenix.
- 04/09/2024
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3 Auto Stocks to Buy Amid the EV Sector Blues
- While electric vehicles may be the future of mobility and transportation, an old industry is gaining significant relevance, thus driving the case for auto stocks to buy. Further, this fresh dynamic might not fade anytime soon.
- 04/09/2024
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GM continues reinvention of Buick brand with new Enclave SUV
- General Motors has redesigned Buick's flagship Enclave SUV as the latest testament to the automaker's ongoing reinvention of the roughly 125-year-old brand.
- 04/09/2024
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Overlooked and Underpriced: GM Stock's Compelling Case for Bullish Investors
- From a bird's-eye view, it's tempting to dismiss automotive giant General Motors (NYSE: GM ) stock as an anachronistic enterprise. Yes, the legacy automaker has made a strong pivot to electric vehicles.
- 04/09/2024
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GM's Cruise to resume robotaxi tests in Arizona, Bloomberg News reports
- General Motors' self-driving car unit Cruise is preparing to resume testing its robotaxis with safety drivers in Phoenix, Arizona, Bloomberg News reported on Tuesday.
- 04/09/2024
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General Motors Company (GM) Advances While Market Declines: Some Information for Investors
- In the most recent trading session, General Motors Company (GM) closed at $44.34, indicating a +0.25% shift from the previous trading day.
- 04/08/2024
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to General Motors (GM). This makes it worthwhile to examine what the stock has in store.
- 04/08/2024
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Forget Nvidia: 3 Prominent Billionaire Investors Are Selling It and Buying These 6 Value Stocks Instead
- One estimate suggests artificial intelligence (AI) can add close to $16 trillion to the global economy by the turn of the decade. Nvidia is rife with red flags, which may have been the catalyst that encouraged three top-tier billionaire asset managers to reduce their respective positions in the AI kingpin.
- 04/08/2024
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European companies are finally buying back their stock, opening up opportunities
- When I meet fund managers in the U.S., we often talk about European equity markets. Everyone agrees that European stocks are attractively valued, but in one form or another, many fund managers ask: “If these stocks are so cheap, why aren't companies buying back their shares?
- 04/08/2024
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EV demand is growing but not as fast as automakers expected, says Fmr. Ford CEO Mark Fields
- Mark Fields, Former Ford CEO, joins 'Closing Bell Overtime' to talk EV adoption, what's ahead for automakers, Tesla's woes amid a recent Reuters report, Elon Musk's response and more.
- 04/05/2024
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The 3 Most Undervalued Long-Term Stocks to Buy in April 2024
- As investors, it can be very easy to get caught up in the moment or in the short term. You may see stocks going up hundreds of percent and feel like you missed out.
- 04/05/2024
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Here's Why General Motors Company (GM) is a Strong Momentum Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 04/05/2024
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General Motors (GM) Shows Fast-paced Momentum But Is Still a Bargain Stock
- General Motors (GM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 04/05/2024
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5 High Short Interest Stocks Getting Squeezed With Upside To Go
- High short interest is a recipe for sharp stock price movements, and when the shorts are getting squeezed, the movements can be the sharpest. The stocks on this list are not only high-short interest stocks with upward price pressure; they are among the most shorted stocks listed on Marketbeat's platform, offer some value, have positive market sentiment, and a forecast for growth.
- 04/05/2024
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Forget JP Morgan: Buy This Dividend Growth Stock Instead
- Ally Financial has a higher dividend yield and faster dividend growth than JPMorgan. Ally is a leader in the automotive finance business and is expanding its consumer banking operations.
- 04/05/2024
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Pump the Brakes: 3 EV Stocks to Ditch Amid Growing Quality Control Issues
- The electric vehicle sector continues to face a litany of issues. Demand dynamics are not what they once were and EV stocks have cratered — along with lithium prices — as a result.
- 04/04/2024
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3 Stocks That Top Investors Are Loading Up On Now
- It's true that even the most successful large banks and billionaire investors make mistakes. Many of them, for example, have piled large amounts of their money into Apple (NASDAQ: AAPL ), whose shares dropped 12% so far in 2024.
- 04/04/2024
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Wall Street Analysts See General Motors (GM) as a Buy: Should You Invest?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 04/03/2024
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US Vehicle Sales in Q1 Display Continued Demand Momentum
- In the first quarter of 2024, U.S. vehicle sales continue to see upward momentum due to improvements in inventory levels and better pricing.
- 04/03/2024
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Tesla is feeling what Ford and GM have already been going through, says Jim Cramer
- 'Mad Money' host Jim Cramer takes a look at the day's market action, rising oil prices and more.
- 04/02/2024
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GM's US Sales Drop on Weaker Fleet Deliveries and EV Demand
- General Motors (GM) shares slipped 1.1% Tuesday as the automaker reported first-quarter U.S. sales declined 1.5% from a year ago on lower fleet deliveries and a drop in electric vehicle (EV) demand.
- 04/02/2024
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Toyota, GM US Sales Signal Shift Back to Cheaper Cars
- Toyota and Honda notched big US sales gains to start the year and General Motors grew retail deliveries as demand for lower-priced models help automakers defy expectations for a broad slowdown. Gabrielle Coppola has more.
- 04/02/2024
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GM's quarterly sales drop 1.5%, inventory at its highest since 2020
- General Motors Co. said Tuesday that its first-quarter U.S. sales dropped 1.5% year over year to 594,233 vehicles, due to lower fleet sales, and inventories continued to rise.
- 04/02/2024
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TSLA, GM, RIVN: State of the Auto Sector After Deliveries
- Small cars are outperforming, notes Morningstar's David Whiston. He and Kevin Roberts analyze the state of the auto sector.
- 04/02/2024
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GM's First-Quarter Sales — A Little Good News and a Little Bad News
- The auto maker sells 594,233 vehicles in the period, down 1.5% year over year.
- 04/02/2024
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GM's first-quarter US auto sales slip 1.5%
- General Motors on Tuesday reported a 1.5% fall in first-quarter U.S. auto sales, hurt by lower deliveries to commercial customers.
- 04/02/2024
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GM U.S. vehicle sales fall 1.5% during the first quarter
- The Detroit automaker said the decline was largely due to a 22.9% year-over-year decline in sales to fleet customers.
- 04/02/2024
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General Motors: What Happened When The Quants Drove In
- General Motors shares have seen a 26.9% increase in the last few months, handily outperforming the S&P 500. Analysts' ratings for General Motors have been mostly "hold" with only a few "buy" or "strong buy" ratings. Seeking Alpha's Quant Rating system gives General Motors a high rating, indicating strong valuation, growth, profitability, momentum, and EPS revisions.
- 04/02/2024
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Why the Market Dipped But General Motors Company (GM) Gained Today
- General Motors Company (GM) reachead $45.40 at the closing of the latest trading day, reflecting a +0.11% change compared to its last close.
- 04/01/2024
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Will General Motors (GM) Beat Estimates Again in Its Next Earnings Report?
- General Motors (GM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/01/2024
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Buy These 5 Stocks With Low P/B Ratio in April
- The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Unum Group (UNM), KB Home (KBH), Qifu Technology (QFIN) and Affiliated Managers Group (AMG) are some such stocks.
- 04/01/2024
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Exclusive: China's SAIC aims to slash jobs at GM, VW ventures and EV unit, sources say
- China's SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters.
- 03/31/2024
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The 3 Best Stocks to Buy in 2024 if You Love Share Buybacks
- When done correctly, buybacks can be a great source of value for shareholders. Indeed, buybacks indicate that a company is in great financial shape and generating solid free cash flow.
- 03/31/2024
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From Six Figures to Seven: 3 Battery Stocks Set to Make Millionaires
- When it comes to speculating on the future of mobility and transportation, battery stocks may be your best bet. Sure, targeting individual electric vehicle brands may give you the greatest reward potential.
- 03/31/2024
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Auto Sales Due With GM, Ford Hot After Upbeat Profit Outlooks
- The EV and hybrid sales trend will be key Q1 auto sales reports. GM, Toyota and traditional auto stocks are soaring.
- 03/31/2024
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GM's EV strategy is in full force despite dip in US EV demand
- General Motors (GM) shares are trading at a 52-week high as the company remains committed to its EV strategy. In an interview with Yahoo Finance, GM CEO Mary Barra affirmed the company's commitment to the strategy, saying, "We will be selling more EVs in this country than anyone else, including Tesla (TSLA).
- 03/28/2024
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The Latest Biden EV Policy News: Which Stocks Could Thrive or Dive?
- As Biden winds down his first term, he and his administration are introducing a slew of new electric vehicle (EV) policies to make the market more accessible and, possibly, reinvigorate slumping sales as car buyers increasingly cycle back toward conventional car offerings. Last year, EV sales dropped more than 70% as consumers considered their high pricing, relatively limited range and fairly slow charging times compared to the environmental impact and “cool” factor of driving something like a Cybertruck.
- 03/28/2024
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3 Value Stocks to Buy on the Dip: March 2024
- If you've been following the headlines, you'll be well aware of the value behind value stocks to buy. Basically, the smart money sees some risks ahead and they're adopting a more prudent approach.
- 03/28/2024
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What's driving the post-strike rally for the big three U.S. automakers?
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 03/27/2024
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Auto Giants Brace for Supply Disruptions After Baltimore Debacle
- In the wake of the Baltimore Bridge collapse, automakers face renewed supply chain disruptions, compelling them to refine strategies for rerouting and contingency plans.
- 03/27/2024
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Are Auto-Tires-Trucks Stocks Lagging General Motors (GM) This Year?
- Here is how General Motors Company (GM) and Cyngn Inc. (CYN) have performed compared to their sector so far this year.
- 03/27/2024
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- General Motors (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 03/27/2024
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5 Broker-Loved Stocks That Hold Promise Despite Volatility
- We believe that stocks like General Motors (GM), Cardinal Health (CAH), Cencora (COR), Alta Equipment (ALTG) and Asbury (ABG) should be on an investor's watchlist.
- 03/27/2024
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Ship Happens - Decoding The Baltimore Accident And Potential Trading Ideas
- The Francis Scott Key Bridge in Baltimore was struck by a cargo ship, causing significant damage and loss of life. The accident has disrupted major supply chains, particularly in maritime transportation and the traffic situation in the Baltimore area. Automotive companies are finding alternative shipping routes, while coal exporters are facing a shutdown of coal exports for at least six weeks.
- 03/27/2024
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General Motors Company (GM) BofA Securities 2024 Automotive Summit (Transcript)
- General Motors Company (GM) BofA Securities 2024 Automotive Summit (Transcript)
- 03/26/2024
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GM, Ford will reroute Baltimore shipments after bridge collapse
- General Motors and Ford Motor will reroute affected shipments on Tuesday after a bridge collapse in the U.S. shuttered the Port of Baltimore, but the companies said the impact will be minimal.
- 03/26/2024
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General Motors CFO Paul Jacobson on EV production, sales outlook and China competition
- CNBC's Phil LeBeau and General Motors CFO Paul Jacobson join 'Squawk Box' to discuss the company's EV production, rising incentives, EV sales outlook, competition from Chinese automakers, and more.
- 03/26/2024
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7 EV Stocks That Could Be Multibaggers in the Making: March Edition
- There are some electric vehicle (EV) stocks that could be potential multibaggers. A multibagger is defined as a stock or investment that has the potential to increase in value several times over, often described as growing tenfold or more from the initial investment, however this could also vary from person to person.
- 03/26/2024
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General Motors Is Already Up 22% In 2024. 1 Wall Street Analyst Thinks It'll Run Even Further
- Mizuho boosted its price target on General Motors and maintained its "buy" rating. The bank's analysts think GM's gradual move to EVs is the right play now.
- 03/26/2024
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General Motors Company (GM) Rises As Market Takes a Dip: Key Facts
- General Motors Company (GM) closed the most recent trading day at $43.55, moving +1.14% from the previous trading session.
- 03/25/2024
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GM, Buick's Aldred on EVs, China Sales, Brand Refresh
- Duncan Aldred, global vice president for Buick and GMC at General Motors, discusses the company's sales strategy in China, the push towards hybrid and electric vehicles and a brand refresh that is coming. He speaks on "Bloomberg Surveillance.
- 03/25/2024
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Why General Motors Company (GM) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 03/25/2024
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What investors should know about the U.S. easing vehicle emissions rules
- The EPA's percentage targets for EV adoption are not mandates but expectations for how automakers can meet its new regulations.
- 03/23/2024
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General Motors Stock: Buy, Sell, or Hold?
- General Motors exceeded Wall Street estimates in the fourth quarter. Low growth and weak profitability are unfavorable characteristics of this business.
- 03/23/2024
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General Motors Quits Sharing Driving Behavior With Data Brokers
- G.M. had provided information about braking, acceleration and speed to LexisNexis Risk Solution and Verisk, firms that generated driver risk profiles for insurers.
- 03/22/2024
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Best Momentum Stock to Buy for March 22nd
- LWAY, GM and BUR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 22, 2024.
- 03/22/2024
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Bull Of The Day: General Motors (GM)
- General Motors (GM) is a Zacks Rank #1 (Strong Buy) that has a A for Value and D for Growth. This stock automotive company has a great valuation and has been running hard since the most recent earnings beat.
- 03/22/2024
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Best Value Stocks to Buy for March 22nd
- GM, SF and EAT made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 22, 2024.
- 03/22/2024
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New Strong Buy Stocks for March 22nd
- FIX, GM, VRT, GOOD and REYN have been added to the Zacks Rank #1 (Strong Buy) List on March 22, 2024.
- 03/22/2024
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Why a small China-made EV has global auto execs and politicians on edge
- The China-built BYD Seagull, a compact all-electric hatchback, starts at just 69,800 yuan (or less than $10,000).
- 03/22/2024
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General Motors Company (GM) Hits Fresh High: Is There Still Room to Run?
- General Motors (GM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 03/21/2024
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The Ultimate EV Stock Trio: Your 3 Top Tickets to the Electric Revolution
- EV stocks still have plenty of juice to continue surging higher. I think investors should keep in mind that these companies are in the early stages of a massive growth opportunity.
- 03/20/2024
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US Softens Emission Rules Amid Slower EV Uptake, Automakers Cheer
- The revised emission rules ease the burden on Detroit 3 automakers- GM, STLA and F. The initial proposal risked $10.5B in fines by 2032.
- 03/20/2024
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3 Consumer Momentum Stocks Riding the Wave of Unstoppable Demand
- The Census bureau recently reported U.S. retail sales rose a strong 0.6% in February compared to January, reaching $700 billion. Food services and drinking businesses stood out, up 6.3% YOY.
- 03/19/2024
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Why Are So Many EV Stocks Down Today?
- Struggling electric vehicle (EV) manufacturers have been seeking a tailwind but didn't quite get one from the U.S. Department of Energy. Under final rules released Tuesday, legacy automakers will receive significantly more mileage credits for building electric-powered vehicles.
- 03/19/2024
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Best Momentum Stock to Buy for March 19th
- VEL, VEEV and GM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 19, 2024.
- 03/19/2024
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Best Value Stocks to Buy for March 19th
- GM, SHG and GLP made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 19, 2024.
- 03/19/2024
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New Strong Buy Stocks for March 19th
- AX, LI, GM, WILYY and DORM have been added to the Zacks Rank #1 (Strong Buy) List on March 19, 2024.
- 03/19/2024
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General Motors Company (GM) Advances But Underperforms Market: Key Facts
- The latest trading day saw General Motors Company (GM) settling at $40.82, representing a +0.32% change from its previous close.
- 03/18/2024
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Analyst says General Motors stock is a Buy: 'Balance sheet is in great shape'
- It's a battle of the auto stocks in this week's edition of Good Buy or Goodbye. Freedom Capital Markets Managing Director Michael Ward tells Yahoo Finance's Josh Lipton that shares of General Motors (GM) are a "good buy" right now.
- 03/18/2024
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Why General Motors Company (GM) is a Top Momentum Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 03/18/2024
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Should You Invest in General Motors Company (GM) Based on Bullish Wall Street Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 03/18/2024
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Fast-paced Momentum Stock General Motors Company (GM) Is Still Trading at a Bargain
- General Motors Company (GM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 03/18/2024
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Delta Air Lines, Ford, GM, and Walgreens Are the Cheapest Stocks in the S&P 500
- These 10 bargain-priced stocks can offer a margin of safety and provide nice appreciation potential if companies hit earnings estimates.
- 03/18/2024
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 03/15/2024
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General Motors' Mexico unit agrees to 9.2% wage hike -union
- Silao, a Mexican unit of U.S. carmaker General Motors and its union have reached an agreement for a 9.2% wage hike, the union said in a statement on Thursday.
- 03/14/2024
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GM Stock's Mispricing Is Your Chance to Snag a Blue-Chip Bargain Before the Crowd Catches On
- If any U.S. automaker is underappreciated right now, it's General Motors (NYSE: GM ). The company grew its vehicle sales by 14.1% year over year in 2023.
- 03/14/2024
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Plug Power, GM Win Federal Funds In $750 Million Push To Accelerate Clean Hydrogen
- The Biden Administration is pushing ahead with efforts to make carbon-free hydrogen a cheaper and more widely used form of clean energy, dispersing $750 million of federal funds to help companies and universities including Plug Power, General Motors and Cummins scale up production of electrolyzers that make hydrogen and fuel cells that use it.
- 03/13/2024
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Buy These 5 Stocks With Low P/B Ratio in March
- The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Unum Group (UNM), PVH Corp. (PVH), Ford Motor Company (F) and Affiliated Managers Group (AMG) are some such stocks.
- 03/13/2024
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GM Hires Manufacturing Leader From the Tech World
- The new appointment of Alphabet's Jens Peter Clausen reflects cars getting smarter with software controlling more systems.
- 03/13/2024
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GM hires ex-Tesla, Google exec to replace retiring head of manufacturing
- Gerald Johnson, executive vice president of global manufacturing and sustainability, will be replaced by Jens Peter "JP" Clausen, a former executive with Tesla.
- 03/12/2024
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General Motors' executive vice president for software and services Mike Abbott to step down
- General Motors said on Tuesday that Mike Abbott will step down as executive vice president, software and services, due to health reasons.
- 03/12/2024
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GM says it built about 20,000 EVs that did not quality for tax credits
- General Motors said Wednesday the Detroit automaker built about 20,000 electric vehicles this year that did not qualify for EV tax credits before regaining access after supply chain changes.
- 03/12/2024
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Pain or Gain Ahead of Electric Vehicle ETFs?
- The EV industry in 2024 is poised at a critical juncture, with growth opportunities tempered by economic and technological challenges. However, the slowing momentum should gain traction in the medium term.
- 03/12/2024
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New Strong Buy Stocks for March 12th
- GM, RCL, SMFG, KALU and NRIM have been added to the Zacks Rank #1 (Strong Buy) List on March 12, 2024.
- 03/12/2024
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Best Value Stocks to Buy for March 12th
- GM, RCL and KFY made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 12, 2024.
- 03/12/2024
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Is General Motors (GM) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
- Here is how General Motors Company (GM) and Paccar (PCAR) have performed compared to their sector so far this year.
- 03/11/2024
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General Motors Made 1 of Its Smartest Moves in Years. Is It an EV Stock to Buy Now?
- GM has adjusted its Chevrolet Bolt strategy based on changing consumer demand. The next-generation Bolt should save years to market -- and billions of dollars.
- 03/11/2024
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Forget AI, Invest in 5 Surging Old Economy Stocks for Gains
- We have narrowed our search to five old economy stocks that have provided double-digit returns year to date and have more upside left. These are: CL, GM, PH, TRV, AXP.
- 03/11/2024
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4 Low Price-to-Cash Flow Stocks to Garner Superior Returns
- Value investing is essentially about selecting stocks that are cheap but fundamentally sound. GM, UNM, AMG and CRBG boast a low P/CF ratio.
- 03/11/2024
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General Motors (GM) Resumes Chevy Blazer EV Sales, Cuts Price
- General Motors (GM) reduces the price and resumes the sales of the Chevy Blazer EV following a halt in deliveries to address software issues.
- 03/11/2024
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This ‘greatest job in America' can pay $200,000 a year and typically more — but you probably can't get it
- Despite the many efforts to improve corporate governance at U.S. companies over the past two decades, many corporate boards are still comprised of a clubby group of directors who are independent in title only.
- 03/09/2024
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GM resuming sales of Chevy Blazer EV after resolving software issue
- General Motors said Friday it is resuming sales of its Chevrolet Blazer EV after software quality issues prompted the largest U.S. automaker to halt deliveries in late December.
- 03/08/2024
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GM cuts Chevy Blazer EV price as sales restart following software issues
- GM is reducing the price of its new Chevy Blazer EV as it restarts sales of the vehicle following an 11-week stoppage to address significant software issues.
- 03/08/2024
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5 Stocks Favored by Brokers Amid Current Uncertainty
- We believe that stocks like General Motors (GM), Cardinal Health (CAH), Deutsche Bank (DB), Group 1 (GPI) and Centene (CNC) should be on an investor's watchlist.
- 03/08/2024
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Auto Giants Fuel Brazil's Green Transition With Billion-Dollar Bets
- With a strong focus on sustainability and innovation, Brazil is set to become a major player in the global automotive scene, drawing in big investments and leading the shift toward greener ways to get around.
- 03/07/2024
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Things Just Went From Bad to Worse for General Motors and Self-Driving Start-Up Cruise. Here's Why I Think Tesla Is the Big Winner
- General Motors is the majority owner of a self-driving car start-up called Cruise. Cruise has been at the center of much controversy, including suspended operations, vehicle recalls, and management shakeups.
- 03/07/2024
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The Top 7 EV Stocks to Buy in March 2024
- In the race to electrify the automotive world, picking the top EV stocks to buy is pivotal for investors looking to capitalize on the sector's explosive growth. Despite near-term hurdles such as competition and supply chain challenges, a few businesses have effectively weathered those challenges.
- 03/06/2024
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GM Joins Forces With Magna and Wipro To Develop Auto Software Marketplace
- General Motors (GM), auto parts supplier Magna International (MGA), and information technology provider Wipro (WIT) are teaming up to develop a platform for businesses to buy and sell automotive software.
- 03/05/2024
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The Top 3 Auto Stocks to Buy in March 2024
- The automotive sector offers a promising landscape for investors, particularly those eyeing top auto stocks to buy. Despite the headwinds over the past year, the current market dynamics and emerging trends create an opportune time to wager on auto stocks.
- 03/05/2024
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New Strong Buy Stocks for March 5th
- ANGI, EBMT, GM, UPWK and PRLB have been added to the Zacks Rank #1 (Strong Buy) List on March 5, 2023.
- 03/05/2024
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GM, Magna and Wipro team up for automotive software marketplace
- General Motors , auto parts supplier Magna and IT company Wipro said on Tuesday they were working together to create a sales platform, called SDVerse, to buy and sell automotive software.
- 03/05/2024
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Best Value Stocks to Buy for March 5th
- GM, INSW and BSVN made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 5, 2023.
- 03/05/2024
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Earnings Blowouts 2024: 7 Stocks that Crushed Wall Street Estimates in Q4
- Earnings winners have emerged stronger this season, defying the odds in the penultimate quarter of 2023. As businesses navigate through the complexities of the current economic landscape, a major shift towards easing input costs, cost controls, and operational efficiencies is paying many dividends.
- 03/04/2024
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General Motors recalls nearly 820K pickup trucks over safety issue involving tailgates
- General Motors is recalling nearly 820,000 pickup trucks over a faulty electronic latch mechanism used to open the trucks' tailgates, increasing the risk of road hazards and crashes.
- 03/04/2024
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 03/04/2024
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GM recalling 820,000 pickup trucks over tailgate issue
- General Motors is recalling about 820,000 pickup trucks including newer Chevrolet Silverados and GMC Sierras over an issue that causes the tailgate to unlatch unexpectedly.
- 03/03/2024
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3 Cheap Stocks With Strong Growth Runways in 2024
- There are plenty of cheap growth stocks for investors to buy right now. With the market rally heavily concentrated in mega-cap technology names, artificial intelligence (AI) and weight loss drugs, there are many stocks to be had at low multiples right now, a lot of which look undervalued.
- 03/02/2024
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How the U.S. economy could slide into a Japan-like ‘lost decade'
- In the 1980s, Japan appeared to have the world by the tail, only to see its economy collapse into a “lost decade” and general malaise. A similar fate for the U.S. seems unimaginable nowadays.
- 03/02/2024
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Final Trade: HPQ, RSG, GM, CRSP
- The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
- 03/01/2024
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The Electric Avenue: 3 Must-Own Stocks Fueling the EV Revolution
- The peak for investing in EV stocks is far into the future, thus making these companies potentially lucrative investment options for discerning investors. Not only do these companies trade at attractive valuations, but robust free cash flow projections support their long-term outlooks, and many of them are gearing up for short-term profitability as well.
- 03/01/2024
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GM recalling 820,000 pickup trucks for tailgate issue
- General Motors said on Friday it is recalling 820,000 newer pickup trucks in North America because tailgates could unlatch and open unexpectedly.
- 03/01/2024
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Exclusive: GM's Cruise valuation slashed by more than half, email shows
- General Motors' Cruise saw its internal share price cut by more than half from a quarter ago as the fallout from an October accident continues to weigh on the self-driving car company.
- 02/29/2024
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Why Is General Motors Company (GM) Up 4.7% Since Last Earnings Report?
- General Motors Company (GM) reported earnings 30 days ago. What's next for the stock?
- 02/29/2024
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5 U.S. Bigwigs With Solid Potential for Short-Term Upside
- We have narrowed our search to five U.S. corporate behemoths with strong earnings growth potential for 2024. These are AMZN, TAP, ET, RCL and GM.
- 02/29/2024
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5 Solid Plays on the Relative Price Strength Trend
- AEO, CENT, GM, VRT and TOL are five stocks with explosive relative price strength.
- 02/29/2024
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Is General Motors Stock a Buy?
- GM reported fourth-quarter financial results that exceeded expectations. Based on the price-to-earnings ratio, the stock looks cheap, prompting executives to buy back shares.
- 02/29/2024
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General Motors Company (GM) Ascends While Market Falls: Some Facts to Note
- In the closing of the recent trading day, General Motors Company (GM) stood at $40.63, denoting a +1.12% change from the preceding trading day.
- 02/28/2024
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3 Starter Long-Term Stocks Every New Investor Should Own
- Given the uncertainty in financial markets, long-term stocks for new investors are probably the way to go now. These assets promise healthy long-term growth while trading at attractive prices based on their future prospects.
- 02/28/2024
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GM vs. FOXF: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Automotive - Domestic sector might want to consider either General Motors Company (GM) or Fox Factory Holding (FOXF). But which of these two stocks offers value investors a better bang for their buck right now?
- 02/28/2024
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Bullish on GM & Bearish on TGT, META
- Target (TGT), General Motors (GM), and Meta Platforms (META) are today's big three stocks. Don Kaufman and Ben Lichtenstein discuss how to trade and the technical trends of these names.
- 02/28/2024
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5 Low Price-to-Book Stocks to Add to Your Kitty Now
- The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Unum Group (UNM), Compania Cervecerias Unidas S.
- 02/28/2024
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2 Top-Ranked Domestic Auto Stocks to Drive Portfolio Gains
- Domestic automakers such as General Motors (GM) and PACCAR (PCAR) present compelling investment opportunities to leverage the industry's robustness.
- 02/27/2024
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Pick These 4 Low P/CF Stocks to Spruce Up Your Portfolio
- Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. GM, ATGE, UNM KBH boast a low P/CF ratio.
- 02/26/2024
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The Green Revolution: 3 EV Stocks Charging Ahead of the Competition
- The electric vehicle market is a jungle. Several EV stocks have been competing for the top spot as 2023 ended with a slow grind due to decreasing demands.
- 02/26/2024
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GM returns to France with fully-electric Cadillac Lyriq
- U.S. automaker General Motors on Monday unveiled its luxury electric Cadillac Lyriq in France, an expansion of its market in Europe after returning last year and a test of whether online-only sales will attract wealthy car buyers.
- 02/26/2024
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3 Hidden-Gem Electric Vehicle Stocks Ready to Ride a Massive Market Wave
- The hunt for new investment opportunities in electric vehicle stocks heats up as EVs revolutionize the auto industry. In this pursuit lie hidden gems that are likely to blow up in the stock market in the not-so-distant future.
- 02/25/2024
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Tesla Gets A Boost As GM's Cruise Crashes
- In the last few months, GM's Cruise has suffered massive challenges after a pedestrian accident caused the company to withdraw its robotaxis nationwide. There is a big barrier to entry in the self-driving industry and big three tech companies - Tesla, Google, and Amazon - will likely grab majority of the market share. Tesla has a big advantage in this industry as it is vertically integrated and can easily modify sensors and car designs according to new rules and customer demand.
- 02/24/2024
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GM's Cruise plans to resume robotaxi testing: Report
- General Motors' (GM) robotaxi service Cruise is preparing to resume testing of its autonomous driving systems across select US cities, according to Bloomberg. California suspended Cruise's license to operate following an incident with a pedestrian and one of the company's driverless cars.
- 02/23/2024
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Wall Street Favorites: 3 EV Stocks With Strong Buy Ratings for February 2024
- Electric vehicle (EV) stocks took a hit in Q4 of 2023 as the long-term outlook for EV demand decreased. Many stocks that surged over the past three years now face price corrections as consumer values change.
- 02/23/2024
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Wall Street Analysts Look Bullish on General Motors Company (GM): Should You Buy?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 02/23/2024
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GM Tries to Get Back Into Self-Driving Cars After Major Failure
- The self-driving car business of General Motors Co. (NYSE: GM) seemed to have a permanent setback when one of its Cruise vehicles badly injured a woman in San Francisco last October 2.
- 02/23/2024
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EV Merger Ahead? Why GM Should Buy Rivian Today
- Rivian needs cash and GM needs EVs. They're a perfect match.
- 02/23/2024
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GM's Cruise to resume robotaxi tests on city roads in coming weeks, Bloomberg reports
- General Motors' self-driving car unit Cruise is preparing to resume testing its robotaxis on public roads in the coming weeks, with Houston and Dallas as potential locations, Bloomberg News reported on Thursday.
- 02/22/2024
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Are Auto-Tires-Trucks Stocks Lagging General Motors (GM) This Year?
- Here is how General Motors Company (GM) and Oshkosh (OSK) have performed compared to their sector so far this year.
- 02/22/2024
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This Top Auto, Tires and Trucks Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.
- 02/22/2024
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Billionaire David Tepper Just Bought These 16 Stocks. Here Are the Best of the Bunch.
- David Tepper added to seven existing positions in Q4, including several top AI stocks. He initiated new positions in nine stocks spanning multiple industries.
- 02/22/2024
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Final Trades: Leidos Holdings, General Motors, Amplify Cybersecurity ETF and CME Group
- Today's ‘Halftime Report' Investment Committee, Joe Terranova, Anastasia Amoroso, Jim Lebenthal and Steve Weiss, give their top picks to watch for the second half.
- 02/21/2024
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Markets Appear Vulnerable: Hideout in these 3 Top Ranked Defensive Stocks
- The stock market has moved aggressively higher since the start of the year with the S&P 500 gaining 4.6% YTD and the Nasdaq 100 5.2%. While there is nothing inherently wrong with the market showing such strength, there are a few concerning developments brewing that may lead to at least a minor correction in the coming weeks.
- 02/21/2024
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General Motors Company (GM) Citi's 2024 Global Industrial Tech and Mobility Conference (Transcript)
- General Motors Company (GM) Citi's 2024 Global Industrial Tech and Mobility Conference (Transcript)
- 02/21/2024
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Wall Street Analysts Believe General Motors Company (GM) Could Rally 27.07%: Here's is How to Trade
- The consensus price target hints at a 27.1% upside potential for General Motors Company (GM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 02/21/2024
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Here is What to Know Beyond Why General Motors Company (GM) is a Trending Stock
- General Motors Company (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 02/21/2024
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GM says Cadillac Lyriq again qualifies for $7,500 US EV tax credit
- General Motors said Wednesday the automaker's Cadillac Lyriq is again eligible for a U.S. $7,500 electric vehicle tax credit after a battery sourcing change to address two minor components.
- 02/21/2024
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Why Fast-paced Mover General Motors Company (GM) Is a Great Choice for Value Investors
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, General Motors Company (GM) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 02/21/2024
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3 EV Stocks to Turn $10,000 Into $1 Million- February 2024
- The electric vehicle industry slowed down by the end of 2023 due to several macroeconomic conditions, including low consumer spending. However, it is predicted that one in four cars will be an EV by 2030, which means a massive rise in demand.
- 02/21/2024
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GM pauses sales new line of trucks over software issue
- General Motors announced a temporary sales pause for the 2024 model year Chevrolet Colorado and GMC Canyon pickup trucks while the automaker rolls out a fix for a software issue.
- 02/20/2024
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GM pauses sales of new mid-size Colorado, Canyon trucks over software issue
- General Motors said Tuesday it has temporarily paused sales of its 2024 model year GMC Colorado and Canyon mid-size trucks to address intermittent software quality issues.
- 02/20/2024
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General Motors, Celsius Lead Five Non-AI Stocks Near Buy Points
- Turnaround play General Motors and hot energy drink maker Celsius Holdings lead this weekend's watchlist.
- 02/17/2024
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GM's Cruise hardware chief resigns in latest exit after operations suspended
- The head of hardware at General Motors' Cruise self-driving unit, Carl Jenkins, said on Thursday he had resigned from the company, the latest in a series of departures since the company suspended U.S. operations in October.
- 02/15/2024
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Ford, GM CEOs open to partnerships to compete with China
- Ford CEO Jim Farley and GM CEO Mary Barra said their companies are open to collaborating on EV technologies with other automakers to better compete with Chinese EV makers like BYD.
- 02/15/2024
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The 3 Best Bargain Stocks to Buy in February 2024
- On February 13, the market received a hotter-than-expected January CPI report. A broad stock market selloff ensued as investors began questioning the extent of rate cuts given the sticky inflation.
- 02/15/2024
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Nouveau Monde Graphite shares soar on multiyear graphite offtake agreements with GM, Panasonic Energy
- Nouveau Monde Graphite (TSX-V:NOU) (NMG) shares gained more than 25% on Thursday after the Quebec, Canada-based producer of battery anode materials announced significant offtake agreements with General Motors Company (NYSE:GM) and Panasonic Energy. Under the initial six-year agreement with GM, NMG will supply 18,000 tons per annum of active anode material.
- 02/15/2024
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GM to invest $150 million in Canadian miner, agrees supply deal
- Canadian miner Nouveau Monde Graphite said on Thursday it has agreed to sign a multi-year supply agreement with a unit of General Motors and would receive $150 million in equity investment from the automaker.
- 02/15/2024
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GM Versus Tesla on Self-Driving Cars
- General Motors just doubled the road network open for its Super Cruise driver-assistance technology. GM's approach is both different and similar to Tesla's.
- 02/15/2024
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New Strong Buy Stocks for February 15th
- AXS, GM, ZFOX, BYRN and GPMT have been added to the Zacks Rank #1 (Strong Buy) List on February 15, 2024.
- 02/15/2024
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Best Value Stocks to Buy for February 15th
- GM, PERI and AXS made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 15, 2024.
- 02/15/2024
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GM is expanding its hands-free driving system to rural highways
- GM is expanding access to Super Cruise with plans to let drivers use the hands-free advanced driver assistance system on about 750,000 miles of roads in the United States and Canada.
- 02/14/2024
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Appaloosa takes new stakes in Oracle and GM, raises stakes in Alibaba and Microsoft
- David Tepper's Appaloosa hedge fund took new stakes in Oracle Corp. and General Motors Co., to name a few, and increased its holdings in Alibaba Group and Microsoft Corp., among other moves, according to a filing with the Securities and Exchange Commission late Wednesday.
- 02/14/2024
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5 Lucrative PEG-Based Value Stocks for Investors
- Here are the five value stocks, RCL, GM, AAL, SYF and TXT, which fit our screening criteria.
- 02/14/2024
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California lawmakers call for stricter regulation of autonomous vehicles
- California lawmakers and labor unions rallied on Monday to call for laws to not allow autonomous trucks without human drivers, amid rising safety concerns after accidents involving self-driving taxis from General Motors and Alphabet.
- 02/12/2024
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The 3 Best EV Stocks to Buy in February 2024
- Auto stocks, particularly EV-based sales, have faced hardships industry-wide. Though EVs are more popular than ever before, profits have slowed compared to the continuous surge experienced in previous years.
- 02/12/2024
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GM Cruise robotaxi unit names former Ford, Apple exec as safety chief
- General Motors' Cruise said Monday it named a longtime auto and tech industry employee as head of safety for the robotaxi unit.
- 02/12/2024
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5 Low Price-to-Book Stocks for Value Investors
- The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Cemex (CX), Centene (CNC), Enersys (ENS)) and Deutsche Bank Aktiengesellschaft (DB) are some such stocks.
- 02/12/2024
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3 EV Stocks to Buy for the Next Bull Run: February 2024
- EV stocks could be in a prime position to deliver strong gains for investors as the broader indices like the S&P 500 and the Nasdaq take off as part of a bull market. I think that EV stocks can stand to benefit more than companies in other industries — such as tech companies — whose valuations may be stretched too far for the comfort of many investors.
- 02/10/2024
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Toyota Stock Looks Like a Growth Stock. Ford and GM Shares Don't.
- Toyota makes the case for high-volume traditional car making as it edges into hybrids and battery EVs. The shares of Ford and GM have struggled as they make a more aggressive electric push.
- 02/09/2024
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3 Strong Buy Large-Cap Stocks to Add to Your February Must-Watch List
- Without a doubt, large-cap stocks have been performing much better than small-cap stocks since the beginning of this year. The Dow Jones Industrial Average, which is made up of all large-cap stocks, has climbed 2.5% so far this year, while the S&P 500, whose performance is primarily driven by several strong buy large-cap stocks, is up 4.6% in 2024.
- 02/08/2024
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Automobile ETFs in Focus After Optimistic Q4 Earnings
- Capitalize on the optimistic Q4 earnings of the automobile companies with these ETFs.
- 02/08/2024
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Tesla trails Ford and GM in revenue generated per worker
- As Tesla CEO Elon Musk reportedly ponders layoffs, recent financial reports from U.S. automakers show the leading electric vehicle (EV) manufacturer lags in the amount of revenue generated for each of its employees.
- 02/08/2024
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General Motors (GM) Inks a $19B Deal for EV Battery Materials
- The $19 billion deal between General Motors (GM) and LG Chem represents a landmark moment in the evolution of the EV industry.
- 02/08/2024
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GM appoints former Tesla executive as VP of battery unit
- General Motors on Thursday named former Tesla Inc executive Kurt Kelty to the newly created role of vice president of its battery unit.
- 02/08/2024
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General Motors and LG Chem sign $19 billion battery supply deal
- General Motors Company (NYSE:GM) has agreed a multibillion-dollar battery supply deal with South Korean firm LG Chemicals. According to LG Chem, the deal is worth 24.7 trillion won (US$18.61 billion) and will see it supply the carmaker with electric vehicle (EV) battery cathodes between 2026 and 2035.
- 02/08/2024
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3 Up-and-Coming EV Giants You Can Ride to the Finish Line
- There are many reasons for individuals to buy an electric vehicle (EV) in 2024. And a lot more reasons for stock investors to add some up-and-coming EV giants in their portfolios.
- 02/08/2024
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GM Strikes $18.8B Deal With LG Chem Securing Enough Materials to Produce 5 Million EVs
- General Motors (GM) shares were 2% higher in intraday trading Wednesday after striking an $18.8 billion deal for LG Chem to supply the Big Three automaker with materials used to produce electric vehicle (EVs) batteries, in GM's latest move to further its position in the EV market.
- 02/07/2024
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Is It Worth Investing in General Motors Company (GM) Based on Wall Street's Bullish Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 02/07/2024
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GM stock has more upside after another high volume gapper
- After slipping below $30.00 in November 2023 (for the first time since the pandemic), shares of the old school automaker have bounced more than 40%. From a chart perspective, the surge is noteworthy for several reasons:
- 02/07/2024
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General Motors (GM) Recalls 300K+ Vehicles Amid Tailgate Woes
- General Motors (GM) recalls more than 300,000 vehicles due to potential tailgate malfunction, which poses road hazards and crash risks.
- 02/07/2024
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5 Million EVs? GM Signs a Big Deal for Battery Supply.
- General Motors reached a supply agreement with Seoul-based LG Chem for 500,000 tons of electric-vehicle battery cathode material.
- 02/07/2024
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Cruise ups offer to settle California robotaxi crash case
- General Motors Company (NYSE:GM)-owned Cruise has upped an offer to settle a regulatory probe into delays in the firm's disclosure of a crash involving one of its vehicles in California last year. A Cruise representative offered US$112,500 to settle the case on Tuesday, which came after one of its self-driving taxis collided with and subsequently dragged a pedestrian in California last October.
- 02/07/2024
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3 EV Stocks on the Fast Track to Double in 2024
- Despite the current slowdown in the electric vehicle sector, the auto industry will pick up pace this year. The Fed is expected to reduce rates in the coming months, and we could see an improvement in consumer spending.
- 02/07/2024
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LG Chem, GM Sign $19 Billion Deal on Cathode Materials
- South Korea's LG Chem has signed a $19 billion deal with General Motors to supply cathode materials used to make electric-vehicle batteries.
- 02/07/2024
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South Korea's LG Chem signs $19 bln cathode supply deal with General Motors
- South Korea's LG Chem on Wednesday said it has signed a deal worth 24.7 trillion won ($18.61 billion) to supply electric vehicle (EV) battery cathodes to General Motors from this year to 2035.
- 02/07/2024
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The 3 Most Undervalued S&P 500 Stocks to Buy in February 2024
- Since betting on the individual companies of the Standard and Poor's 500 offers a solid chance for long-term profitability, it stands to reason that going for undervalued S&P 500 stocks could potentially net you robust returns. In a way, it's like having your cake and eating it too.
- 02/06/2024
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Toyota Surges Toward a Record. Why Can't Ford and GM Catch Any Love?
- Toyota had a blow out end to 2023. Shares are rising after strong fiscal third quarter earnings.
- 02/06/2024
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California regulator to hold hearing on GM self-driving unit Cruise
- The California Public Utilities Commission will hold a hearing Tuesday on a bid by General Motors' Cruise unit to resolve the agency's investigation into the robotaxi company's failure to disclose details of a pedestrian crash involving a self-driving car.
- 02/06/2024
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GM recalling over 300,000 vehicles over tailgate issue
- General Motors is recalling 323,232 vehicles to address an issue with the tailgate that may open while driving, potentially causing a road hazard, the National Highway Traffic Safety Administration said on Tuesday.
- 02/06/2024
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General Motors: Beats Expectations, But The Numbers Recommend Caution
- General Motors released its Q4 and full-year 2023 results, exceeding market expectations and its own guidance. GM's revenue for 2023 was $171.8 billion, with a net income of $10.1 billion and adjusted EBIT of $12.4 billion. The company's tight margins and high costs remain a challenge, but it has shown adaptability in controlling expenses compared to its competitors.
- 02/06/2024
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Does General Motors Company (GM) Have the Potential to Rally 25.98% as Wall Street Analysts Expect?
- The mean of analysts' price targets for General Motors Company (GM) points to a 26% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 02/05/2024
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Is General Motors (GM) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
- Here is how General Motors Company (GM) and Oshkosh (OSK) have performed compared to their sector so far this year.
- 02/05/2024
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Is Trending Stock General Motors Company (GM) a Buy Now?
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 02/05/2024
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GM Stock Analysis: Why General Motors Is a Back-Door Bet on Falling Interest Rates
- Last year wasn't an easy one for General Motors (NYSE: GM ). The company had to deal with rising interest rates and a United Auto Workers strike.
- 02/05/2024
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Despite Fast-paced Momentum, General Motors Company (GM) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, General Motors Company (GM) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 02/05/2024
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3 Stocks to Buy for the Electric Vehicle (EV) Charge
- EV industry stocks should be on your watchlist for 2024. If you are interested in the idea of a cleaner future while also growing your portfolio, these companies can help you achieve both goals.
- 02/02/2024
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Driverless cars covered 5x more test miles in California in 2023
- SAN FRANCISCO, Feb 2 (Reuters) - Completely driverless vehicles traveled nearly 3.3 million miles in California last year, over five times the previous year's total, even as concerns rose in the wake of a Cruise robotaxi accident, state data on vehicle testing released on Friday showed.
- 02/02/2024
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Final Trade: WMT, GM, META, TSM
- The final trades of the day with CNBC's Dominic Chu and the Fast Money traders.
- 02/02/2024
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Why GM Stock Jumped 11% This Week
- GM generated $11.7 billion in auto free cash flow in 2023 and expects to generate another $8 billion to $10 billion in 2024. Buybacks accelerated with that cash, and over $11 billion of stock was acquired in 2023.
- 02/02/2024
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General Motors Company (GM) is a Top-Ranked Value Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 02/01/2024
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GM Posts Strong ICE Financials And Shifts Toward More Gas-Electric Hybrid Technology
- General Motors' shares surged nearly 10% after the release of its Q4 financial results and bullish forecast. GM forecasts adjusted pre-tax profits of $12 billion to $14 billion in 2024, compared to $12.4 billion in 2023. The automaker plans to introduce plug-in hybrid models as a bridge technology before full electrification.
- 01/31/2024
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3 Standout Stocks That Crushed Q4 Earnings Estimates
- Earnings season rolled on with corporate results issued at a fast clip. Overall, results continue to trend in a positive direction.
- 01/31/2024
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GM's Cruise faces long road back to city streets in wake of safety review
- General Motors' Cruise self-driving car unit faces a trip that could last the better part of this year to convince regulators and a wary public that its robotaxis are fit to share the road with human drivers, industry officials said.
- 01/31/2024
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GM earnings: Why one analyst is 'skeptical' of EV profit claims
- On Tuesday morning, General Motors (GM) reported its fourth-quarter pretax profit fell by 54% to $1.8 billion. In a letter to shareholders, CEO Mary Barra affirmed the company's position for their future by writing, "In our EV business, we expect our US portfolio will become variable profit positive in the second half of the year based on our current expectations for EV demand and production growth, strong interest in our vehicles, lower commodity prices and other factors.
- 01/30/2024
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GM to cut spending on robotaxi unit Cruise in half
- General Motors is halving spending on its driverless robotaxi unit Cruise amid investigations into the unit after an October accident involving a pedestrian.
- 01/30/2024
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OptionsPlay's Jessica Inskip says she isn't bullish on GM until it breaks consolidation
- Jessica Inskip, OptionsPlay director of product, joins 'Power Lunch' to discuss the technical support for GM, AMD and META.
- 01/30/2024
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GM stock pops on Q4 results: Yahoo Finance breaks down the earnings call
- On Tuesday morning, General Motors (GM) posted fourth-quarter results that beat estimates on both the top and bottom lines. On the earnings call, GM leadership discussed EVs and the company's Cruise unit.
- 01/30/2024
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General Motors (GM) Q4 Earnings Beat Estimates, Fall Y/Y
- General Motors (GM) expects adjusted EBIT in the range of $12-$14 billion for full-year 2024.
- 01/30/2024
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GM's plan to bring back hybrids is a win for dealers and shoppers
- GM is going to rely on hybrids to meet emissions regulations. This could be the first domino to fall in a big year for hybrids.
- 01/30/2024
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GM Halving Spending On Cruise Self-Driving Cars In 2024, Report Says—Will ‘Relaunch And Refocus' Unit
- General Motors will halve its spending on Cruise—its self-driving car unit that faced criticism after a robotaxi dragged a pedestrian 20 feet in California last October—reducing it by around $1 billion, Reuters reported Tuesday.
- 01/30/2024
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GM CEO Barra on Earnings, Transition to EVs
- General Motors Co. Chief Executive Officer Mary Barra says the automaker plans to reintroduce gas-electric hybrid models in North America. She talks about the latest earnings report and competition from China with Bloomberg's Jonathan Ferro.
- 01/30/2024
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Home Prices Decreased in November
- Pre-market futures are giving back some of the gains we've seen in the past few days of trading — ones which have pumped the Dow and S&P 500 to fresh all-time highs. At this hour, the Dow is -70 points, the S&P is -10 and the tech-heavy Nasdaq is -30 points.
- 01/30/2024
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Why General Motors Stock Jumped 10.1% Today
- GM reported better-than-expected revenue and earnings despite a strike and weak electric vehicle sales. Management has been buying back stock in chunks, and will continue to unless the share price increases significantly.
- 01/30/2024
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General Motors Company (GM) Q4 2023 Earnings Call Transcript
- General Motors Company (GM) Q4 2023 Earnings Call Transcript
- 01/30/2024
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How GM Can Keep the Good Times Rolling: No More EV Screwups
- To keep profit at a high level, America's top car manufacturer needs to avoid last year's problems with its electric-vehicle program.
- 01/30/2024
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GM to halve spending on troubled robotaxi unit Cruise in 2024
- General Motors said Tuesday it is cutting spending in half on troubled robotaxi unit Cruise, or by about $1 billion in 2024, but said it remains committed to the self-driving project.
- 01/30/2024
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GM Up on Q4 Beat & Raise; UPS, Pfizer Mixed
- Aside from a cavalcade of earnings, Case-Shiller came in lower month over month and JOLTS are out after the open.
- 01/30/2024
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GM Offers Bullish Profit View for 2024
- The auto company's quarterly profit is hurt by the UAW strike and losses from its EV business.
- 01/30/2024
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GM CEO Sees Slowdown in EV Adoption
- General Motors Co. CEO Mary Barra says she sees a slowdown in electric vehicle adoption. Barra talks about launching hybrid models in key segments of their line-up.
- 01/30/2024
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General Motors Company (GM) Reports Q4 Earnings: What Key Metrics Have to Say
- The headline numbers for General Motors Company (GM) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 01/30/2024
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GM to release plug-in hybrid vehicles, backtracking on product plans
- General Motors is changing its product lineup strategy to include plug-in hybrid electric vehicles, CEO Mary Barra told investors Tuesday.
- 01/30/2024
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GM upbeat on 2024, betting on a 'resilient' US economy
- GM CFO Paul Jacobson said in a call with reporters that the automaker expects its electric vehicle operations will begin returning variable profit by the second half of the year.
- 01/30/2024
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Why General Motors (GM) Stock Is Surging 8% Today
- Shares of General Motors (NYSE: GM ) surged 8% on Tuesday after the firm posted better-than-expected fourth-quarter results. Revenue of $42.98 billion beat Wall Street's estimates of $38.67 billion by 11.2%, while earnings per share of $1.24 beat expectations by 7%.
- 01/30/2024
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GM set to jump as earnings beat forecasts
- Shares in General Motors Company (NYSE:GM) are set to rev up on Tuesday after the carmaker beat Wall Street estimates for revenue and earnings for the final quarter of last year. In a pre-market release, the Detroit group provided guidance for 2024 that indicated confidence in the year ahead.
- 01/30/2024
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GM Tops 4Q Estimates, Sees 2024 Profit, Sales Growing
- General Motors Co. expects profits to grow this year on improved sales in the US after beating Wall Street expectations for the fourth quarter. Craig Trudell reports on Bloomberg Television.
- 01/30/2024
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General Motors sees another strong year ahead after a solid Q4
- General Motors Co is trading up in premarket on Tuesday after reporting better-than-expected financial results for its fourth quarter. Investors are cheering also because the management sees another strong year ahead.
- 01/30/2024
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Dow seen lower but GM motors after beating guidance
- 7:00am: Stocks called lower but General Motors jumps on beating guidance Stocks in New York look set to open lower but General Motors' share price is shifting through the gears after beating guidance. In pre-market trading, futures for the Dow Jones Industrial Average were down 0.2%, while those for the S&P 500 fell 0.1% and contracts for the Nasdaq 100 declined 0.1%.
- 01/30/2024
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General Motors stock soars 6.5% after earnings crush estimates
- General Motors Co.'s stock GM, +0.60% jumped 6.5% early Tuesday, after the auto giant . The company posted net income of $2.102 billion, or $1.59 a share, for the quarter, up from $1.999 billion, or $1.39 a share, in the year-earlier period.
- 01/30/2024
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GM upbeat on 2024, betting on a 'resilient' US economy
- General Motors on Tuesday reported lower pre-tax profit for the fourth quarter but gave investors an upbeat outlook for 2024 and signaled more capital could be returned to shareholders.
- 01/30/2024
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Is Adient's guidance cut a positive sign for the auto suppliers?
- Adient PLC NYSE: ADNT is one of the largest manufacturers of automotive seating and interior systems in the world. The company designs complete seat systems, including seat frames, foam cushions, mechanisms, and the actual seats.
- 01/30/2024
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General Motors is set to report earnings before the bell. Here's what Wall Street expects
- Aside from quarterly earnings, investors will be watching for any residual costs from GM's labor contract with the UAW union as well as 2024 guidance.
- 01/30/2024
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Toyota, GM warn 61,000 car owners to stop driving until air bags can be replaced
- DETROIT — Toyota 7203, +3.15% TM, +1.82% and General Motors GM, +0.60% are telling the owners of about 61,000 older Corolla, Matrix, RAV4 and Pontiac Vibe models to stop driving them because their Takata air bag inflators are at risk of exploding and hurling shrapnel.
- 01/29/2024
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Dealers Are Pressing GM To Introduce Hybrids
- General Motors (GM) reports earnings tomorrow mornings. Nicole Petallides and Kevin Green discuss this as the Wall Street Journal reports that dealers are pressing GM to introduce hybrids.
- 01/29/2024
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GM earnings: What to expect as legacy carmaker struggles to find its next catalyst
- General Motors Co. is scheduled to report quarterly earnings before the bell Tuesday amid concerns about its EV business and a slow start to the year for the auto industry.
- 01/29/2024
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GM dealers are pleading for more hybrid car models amid EV slowdown: report
- An influential set of General Motors Co. dealership owners have been asking the automaker for more hybrid vehicles, out of concern that they are missing out customers who aren't ready for electric vehicles yet, the Wall Street Journal reported Monday.
- 01/29/2024
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Big Earnings Week Ahead
- Who says January's a long month? This week starts slow, but we'll end it with a full-fledged Jobs Week for February.
- 01/29/2024
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It's Jobs Week Already? Plus Q4 Reports from MSFT, GOOGL, AAPL, AMZN
- This week starts slow, but we'll end it with a full-fledged Jobs Week for February. Plus more than half the Magnificent 7 reports earnings.
- 01/29/2024
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GM looks for a road out of Tesla's shadow
- General Motors CEO Mary Barra on Tuesday will face the challenge of convincing investors the No. 1 U.S. automaker will not be stuck in the same slow lane this year as Tesla and other rivals.
- 01/29/2024
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You'll Regret Buying This Top Cathie Wood Stock on the Dip Unless 1 Thing Happens
- Tesla's margins have been steadily declining thanks to price cuts. Cathie Wood believes the global market for robotaxis will be worth trillions by 2030.
- 01/29/2024
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This Is How Much Apple's Top Executives Were Paid in 2023
- Apple is one of the most successful, powerful, and wealthy companies in the history of the world.
- 01/28/2024
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Apple, Boeing, GM Usher in Latest Week of Packed Earnings
- Starbucks, Exxon Mobil, Pfizer and other blue-chip names are set to report results in the coming days.
- 01/27/2024
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Forget Tesla: Consider These 2 Millionaire-Maker Stocks to Buy Instead
- Tesla's revenue growth continues to slide and its profits are falling. Nvidia has established itself as a key supplier in the AI boom.
- 01/27/2024
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Final Trade: QQQ, SLV, GM, BSY
- The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
- 01/26/2024
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Final Trades: Toast, General Motors, Hercules Capital and JEPI
- “Halftime Report” Investment Committee members, Josh Brown, Jenny Harrington, Jim Lebenthal and Bryn Talkington give their top picks to watch for the second half.
- 01/26/2024
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Detroit and its football team have long struggled. Could the city be like the Lions and roar again?
- Detroit native Renise Taylor has been looking to buy a bigger house, having outgrown her current home and neighborhood in the city.
- 01/26/2024
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GM robotaxi wing Cruise admits errors after October accident
- General Motors Company (NYSE:GM)-owned Cruise has admitted errors were made following an incident last year of a pedestrian being dragged by one of its robotaxis after being thrown into its path. Cruise said on Thursday that it “failed to live up to the justifiable expectations of regulators” in the wake of the October 2 incident, which ultimately saw the autonomous taxi firm lose its licence to operate in California after it was granted it in August.
- 01/26/2024
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GM's Cruise reveals dual US probes into grisly collision and company's response
- Company pledged to reform its culture and ‘failure of leadership' after self-driving car dragged pedestrian
- 01/25/2024
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How GM's Cruise robotaxi tech failures led it to drag pedestrian 20 feet
- A General Motors Cruise robotaxi that struck and dragged a pedestrian 20 feet (6 meters) in an October accident made a number of technical errors that exacerbated its failings after the collision, an analysis commissioned by GM showed on Thursday.
- 01/25/2024
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GM's Cruise discloses Justice Department, SEC probes into crash that injured pedestrian
- Autonomous-vehicle company Cruise confirmed Thursday that the U.S. Justice Department and the Securities and Exchange Commission are among agencies that have opened investigations into an October crash that critically injured a pedestrian in San Francisco.
- 01/25/2024
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Tesla, GM and Ford price cuts suggest that electric cars may be at a dead end
- In the early 1990s, every self-respecting American yuppie and retired suburban couple bought an electric bread maker, with sales hitting 4 million units. But the fad soon faded as these amateur bakers discovered that stuffing a precise quantity and ratio of flour, eggs, butter, yeast and salt into a metal box takes time and costs much more than strolling to the corner bakery.
- 01/25/2024
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Ford, GM Get New Buy Ratings, Sort Of
- Rising production means good times ahead for the stocks, analyst says.
- 01/25/2024
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GM's Cruise Confirms DOJ Investigation of Driverless-Car Incident
- A ‘failure of leadership' contributed to mishandled response and license suspension, a law firm review concludes
- 01/25/2024
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GM Cruise robotaxi unit faces US probes over dragging incident, vows reforms
- GM's Cruise self-driving car unit on Thursday revealed U.S. Justice Department and Securities and Exchange Commission probes stemming from an October accident in which one of its robotaxis dragged a pedestrian who had been struck by another car.
- 01/25/2024
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Probe into GM's Cruise finds poor leadership, culture issues at center of incident response
- The report addresses controversy that has swirled around Cruise since an Oct. 2 accident in which a pedestrian was dragged 20 feet by a Cruise robotaxi.
- 01/25/2024
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GM-Honda Joint Venture Begins Hydrogen Fuel Cell Production
- General Motors Co. (GM) and Honda Motor Co. (HMC) Thursday announced the start of hydrogen fuel cell production from their 50-50 joint venture in Michigan.
- 01/25/2024
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General Motors Stock Revs Higher Before Earnings
- Auto manufacturer General Motors Company (NYSE:GM) is slated to report earnings before the open on Tuesday, Jan. 30.
- 01/25/2024
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What Analyst Projections for Key Metrics Reveal About General Motors Company (GM) Q4 Earnings
- Beyond analysts' top -and-bottom-line estimates for General Motors Company (GM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
- 01/25/2024
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Honda, GM fuel cell venture launches commercial production
- General Motors and Honda have begun shipping fuel cell power systems to customers from a factory near Detroit, they said on Thursday, a new test of whether hydrogen power technology can achieve mass-market success.
- 01/25/2024
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GM, Honda begin U.S. fuel cell production in step toward replacing diesel
- Many in the automotive industry view fuel cells as a replacement for use cases for diesel fuel in things such as generators, heavy-duty trucks and semitrucks.
- 01/25/2024
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Top 5 Stocks Poised to Beat on Earnings This Month
- We have narrowed our search to five large-cap stocks that are poised to beat on earnings results this month. These are: GGG, SMCI, GM, WDC, MSCI.
- 01/25/2024
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3 S&P 500 Stocks With 127% to 170% Upside in 2024, According to Select Wall Street Analysts
- The broad-based S&P 500 has been Wall Street's top "health" barometer for decades. High-water price targets from a trio of Wall Street analysts imply triple-digit gains to come for three S&P 500 components.
- 01/25/2024
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Top 7 Value Stocks to Outperform Growth in 2024
- 2024 could easily turn into the year that value stocks come out on top. Though “official” numbers say differently, there's a clear sense of unease as tech-heavy indices soar to all-time highs despite wide-ranging layoffs pointing to troubled economic conditions.
- 01/24/2024
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Why You Should Dump These 7 Loser EV Stocks Now
- As the market shakes out, it's time to consider which EV stocks to avoid. It's no secret that 2023 was an incredibly tough year for the electric vehicle industry.
- 01/24/2024
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GM to invest $1.4 billion in Brazil by 2028
- General Motors is set to invest 7 billion reais ($1.42 billion) in Brazil between this year and 2028, the firm said on Wednesday, in a bid to boost "sustainable mobility."
- 01/24/2024
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GM or TSLA: Which Is the Better Value Stock Right Now?
- Investors with an interest in Automotive - Domestic stocks have likely encountered both General Motors Company (GM) and Tesla (TSLA). But which of these two stocks is more attractive to value investors?
- 01/24/2024
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General Motors (GM) to Report Q4 Earnings: What's in Store?
- The Zacks Consensus Estimate for General Motors' (GM) Q4 earnings and revenues is pegged at $1.09 per share and $43.34 billion, respectively.
- 01/24/2024
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5 Promising Price-to-Book Value Stocks to Buy Now
- The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Cemex (CX), Centene (CNC), Qifu Technology (QFIN) and Deutsche Bank Aktiengesellschaft (DB) are some such stocks.
- 01/24/2024
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Focus on These 4 Low P/CF Stocks to Maximize Returns in 2024
- Value investing is essentially about selecting stocks that are cheap but fundamentally sound. PVH Corp. (PVH), Centene (CNC), General Motors (GM) and Graphic Packaging (GPK) boast a low P/CF ratio.
- 01/23/2024
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General Motors Company (GM) Expected to Beat Earnings Estimates: Should You Buy?
- General Motors Company (GM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/23/2024
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GM unveils 2025 Chevy Equinox with new rugged design, standard heated seats
- GM is redesigning the Chevrolet Equinox crossover to look more rugged than its predecessors in an attempt to move the vehicle upmarket and attract new buyers.
- 01/23/2024
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Why You Should Dump These 7 Loser EV Stocks Now
- As the market shakes out, it's time to consider which EV stocks to avoid. It's no secret that 2023 was an incredibly tough year for the electric vehicle industry.
- 01/23/2024
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General Motors Company (GM) Stock Sinks As Market Gains: Here's Why
- General Motors Company (GM) closed the most recent trading day at $35.32, moving -0.54% from the previous trading session.
- 01/22/2024
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3 Stocks to Buy if You Predict Democrats Will Keep the White House in 2024
- As I've noted in previous columns, each political party likes certain sectors of the economy more than others. For example, Democrats tend to be much more supportive of renewable energy companies than Big Oil, and Republicans are the other way around.
- 01/22/2024
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Time to Buy the Recent Dip in Tesla's Stock Before Earnings?
- Tesla (TSLA) will be one of the heavy hitters reporting earnings this week with the auto giant scheduled to release its fourth quarter financial results on Wednesday, January 24.
- 01/22/2024
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Is General Motors Company (GM) a Buy as Wall Street Analysts Look Optimistic?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 01/22/2024
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Why China poses a growing threat to the U.S. auto industry
- Chinese companies are releasing new models in record times, and many are producing EVs efficiently and profitably.
- 01/22/2024
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General Motors' Bumpy Road Toward Mass Adoption Of Battery Electrics
- Freezing temperatures hinder the range and accessibility of battery electric vehicles, posing obstacles to mass adoption. GM faces pushback from consumers and struggles with battery manufacturing glitches, leading to a decrease in BEV production targets. GM's stock buyback and potential focus on gas-electric hybrids suggest a shift in strategy for the automaker's future.
- 01/19/2024
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Will General Motors Company (GM) Beat Estimates Again in Its Next Earnings Report?
- General Motors Company (GM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/19/2024
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Is Most-Watched Stock General Motors Company (GM) Worth Betting on Now?
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 01/19/2024
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GM recalls dozens of electric BrightDrop vans after two reported fires
- General Motors is recalling around 66 electric delivery vans made by its BrightDrop subsidiary after the front drive units in at least two of them caught fire late last year.
- 01/17/2024
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7 EV Stocks to Buy as the Sector Races for a Recovery
- While seemingly everyone was talking about the electrification of mobility, a forced pit stop might yield a more favorable entry point for EV stocks to buy. Though electric vehicles are likely the future, the sector suffered a setback as the combination of sharply accelerating inflation and rising borrowing costs took their toll on consumers.
- 01/17/2024
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Can U.S. Automakers Stage a Rebound From the Earlier Lows?
- New vehicle sales rose in 2023 and this year is expected to be better, which is likely to benefit carmakers like General Motors Company (GM), Toyota Motor Corporation (TM), Ford Motor Company (F) and Tesla, Inc. (TSLA).
- 01/17/2024
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General Motors Company (GM) Advances While Market Declines: Some Information for Investors
- The latest trading day saw General Motors Company (GM) settling at $35.39, representing a +0.37% change from its previous close.
- 01/16/2024
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The 3 Most Undervalued Value Stocks to Buy in January
- With Wall Street jubilant about avoiding a recession last year, investors may want to continue betting on the same horse, although here's the thing: targeting undervalued value stocks may offer a more sensible approach. You don't necessarily want to abandon your winners outright.
- 01/15/2024
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Buy These 3 EV Stocks to Bet on the Next BYD
- The U.S. saw a record 1.2 million EV sales in 2023 amidst high inflation and interest rates and a drop in EV demand. However, this gives us pause to consider the effects of low inflation for EV makers.
- 01/15/2024
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10 years in, GM CEO Mary Barra has built her legacy on change and crisis. 2024 will be no different
- GM is facing challenges with EV demand and its Cruise autonomous driving unit, but those headwinds may play to Barra's strengths.
- 01/15/2024
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Chevy Blazer Troubles Add to GM's EV Growing Pains
- General Motors halted sales of the new SUV, citing software problems. The automaker also has had issues with its other new electric vehicles.
- 01/14/2024
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Rally Ready: 3 Stocks to Position in Before the Uptick
- With fourth-quarter 2023 earnings set to begin, markets look to be staging a recovery after a downturn in the first trading week of 2024. Should corporate America's Q4 results come in stronger than expected, it will likely lead to a sustained rally in equities.
- 01/11/2024
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GM's McNeill on EV market: Headlines are disconnected from the data
- Jon McNeill, GM board member and former Tesla president, joins 'Squawk on the Street' to discuss why growth is not slowing in the electric vehicle market, if McNeill shares the popular worries for the EV market, and more.
- 01/10/2024
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Buy These 5 Price-to-Book Value Stocks for Gains in 2024
- The P/B ratio helps to identify low-priced stocks with high growth prospects. General Motors Company (GM), Park Hotels & Resorts (PK), Qifu Technology (QFIN), Centene (CNC) and Deutsche Bank Aktiengesellschaft (DB) are some such stocks.
- 01/09/2024
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General Motors Company (GM) Beats Stock Market Upswing: What Investors Need to Know
- In the most recent trading session, General Motors Company (GM) closed at $36.70, indicating a +1.97% shift from the previous trading day.
- 01/08/2024
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/08/2024
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GM's robotaxi unit Cruise offers money to settle California crash probe
- General Motors' robotaxi unit Cruise is offering to settle an investigation by a California regulator of the company's failure to disclose details about a pedestrian-involved accident.
- 01/07/2024
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General Motors: Both Price And Dividends Can Rise
- There's a disconnect between General Motors' average EPS growth of 68% over the past five years and a share price rise of just 4.7%, which reflects in its low price-to-earnings. It has had its challenges in 2023, like labour strikes that are expected to pull back full-year earnings and safety related question marks on its promising self-driving venture Cruise. However, its sales figures for 2023 are encouraging as is its optimism for the present year. Share buybacks and a dividend increase can work in its favour too.
- 01/07/2024
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Will Elon Musk's Drug Use Hurt Tesla?
- In a long and extremely detailed article, The Wall Street Journal reported that Tesla (NASDAQ: TSLA) founder Elon Musk has used serious and often illegal drugs.
- 01/07/2024
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GM robotaxi unit Cruise offers $75,000 to resolve California agency probe
- General Motors Cruise robotaxi unit offered late on Friday to pay $75,000 to resolve an investigation by the California Public Utilities Commission over its failure to disclose details of an Oct. 2 pedestrian crash.
- 01/06/2024
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Lawmakers Want EV Makers to Stay Out of Union Negotiations. That Would Be Good for EV Stocks, Too.
- After winning an important victory for employees of Detroit's “Big Three” automakers, the United Auto Workers (UAW) union isn't slowing down. The union successfully secured new contracts for workers at Ford (NYSE: F ), General Motors (NYSE: GM ) and Stellantis (NYSE: STLA ).
- 01/05/2024
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Jim Cramer gives you stocks to watch outside of the Magnificent 7
- 'Mad Money' host Jim Cramer talks stocks he is watching as the Magnificent 7 struggles in the new year.
- 01/04/2024
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General Motors (GM) Logs Strong Growth in US Sales in 2023
- General Motors (GM) delivers 2.6 million vehicles in the United States in 2023, up 14% year over year due to improvement in the supply chain and a rise in incentives.
- 01/04/2024
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Buy GM Stock to Play the EV Strategy and Falling Rates, Says Analyst
- Wolfe Research analyst Rod Lache upgraded shares of General Motors to Buy from Hold, and set a $42 price target.
- 01/04/2024
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General Motors to offer $7,500 EV incentives
- General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F) are adjusting their strategies in response to changes in US government tax credits for electric vehicles (EVs). GM is offering a $7,500 incentive on its EVs, which recently lost eligibility for a federal tax credit, except for the Chevrolet Bolt.
- 01/04/2024
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Why Investors Slammed the Brakes on U.S. Electric Vehicle and Associated Stocks Today
- There's a new No. 1 company in the EV sales race, and it might not be the one you'd expect.
- 01/03/2024
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GM US vehicle sales hit four-year high in 2023
- General Motors Co reported on Wednesday that its US vehicle sales rose 14.1% last year, marking the automaker's best annual performance since 2019. GM revealed it sold roughly 2.6 million vehicles in 2023, including 625,176 cars and trucks in the fourth quarter.
- 01/03/2024
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GM Offers $7,500 Incentive To Make Up for Lost EV Tax Credits From New US Rules
- General Motors (GM) shares dropped 1.8% in intraday trading Wednesday as the carmaker announced it would offer $7,500 in incentives to buyers of its electric vehicles (EVs) that are now ineligible from receiving government EV tax credits.
- 01/03/2024
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GM's EV Sales Are Booming Because Demand Is Just Fine
- In 2023, GM battery-electric-vehicle sales nearly doubled. Yes, EV sales growth overall is indeed down, but demand remains steadfast.
- 01/03/2024
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The 3 Hottest Autonomous Driving Stocks to Watch in 2024
- As the year 2024 begins, the investment environment is brimming with potential, notably in the field of autonomous driving. Among them, a handful stand out as the most exciting and hottest autonomous driving stocks, catching the attention of astute investors.
- 01/03/2024
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7 Most Undervalued Stocks to Buy Now
- The start of a New Year is a good time to scrutinize a portfolio and make some adjustments including adding undervalued stocks. Stocks that enjoyed big runs last year may cool off, requiring investors to search out securities they can buy low in hopes of eventually selling at a higher price.
- 01/03/2024
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GM retains crown as top-selling US automaker in 2023 despite costly strike
- The Detroit automaker shrugged off a hit from a costly auto strike to report 2023 US new vehicle sales of 2,594,698 units, up 14.1% from last year.
- 01/03/2024
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GM sold 2.6 million autos in 2023 with EV sales rising 93%, but stock dives
- Shares of General Motors Co. GM, -2.51% took a 2.5% dive in midday trading Wednesday, even as the automaker said it sold 2.6 million vehicles in the U.S. in 2023, up 14% from a year ago and enough to lead the industry in total sales. GM said it grew market share by 0.3 percentage points in 2023, and said electric vehicle sales increased 93% to 75,883 EVs.
- 01/03/2024
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General Motors Reports a 14% Jump in U.S. Auto Sales in 2023
- The nation's largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
- 01/03/2024
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GM offers $7,500 incentive for EVs losing tax credit
- General Motors said Wednesday it is offering $7,500 incentives on its electric vehicles that lost a U.S. government tax credit this week.
- 01/03/2024
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As GM's Cruise Headaches Continue, Maybe Ford Was Right All Along?
- Ford took a $2.7 billion impairment charge on Argo AI. California has suspended GM's Cruise's permits for driverless testing and deployment.
- 01/03/2024
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General Motors Company (GM) Advances While Market Declines: Some Information for Investors
- General Motors Company (GM) reachead $36.05 at the closing of the latest trading day, reflecting a +0.36% change compared to its last close.
- 01/02/2024
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Why Are Chinese EV Stocks Down Today?
- Investors who bought the rumors on Chinese electric vehicle (EV) stocks sold the news, as strong deliveries led to selling pressure. Nio (NYSE: NIO ) was down 1%, XPeng (NASDAQ: XPEV ) was down 2.1%, and Li Auto (NASDAQ: LI ) was down nearly 5% in pre-market trading this morning.
- 01/02/2024
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The 3 Hottest EV Stocks to Watch in 2024
- The world is rapidly transitioning towards electrification, and the sales of battery-electric vehicles in the country hit over the 1 million mark in 2023 but the last few months saw a slowing demand. The year ended with low demand, lower production, and companies cutting down on their EV investments.
- 01/01/2024
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A Flashback of the Biggest Auto Sector Stories of 2023
- Let's look back at some of the most important automotive stories of 2023, including UAW-Detroit 3 standoff, Tesla's NACS wave and more, which grabbed the headlines.
- 12/29/2023
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GM sues San Francisco, seeking $121 million in back taxes, penalties
- In the case filed in California Superior Court in San Francisco, GM is seeking $108 million in back taxes over the course of seven years, as well as $13 million in penalties and interest, according to the complaint.
- 12/28/2023
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GM sues San Francisco
- CNBC's 'Squawk Box' team discusses GM as the parent company of robotaxi firm Cruise filed a lawsuit against San Francisco for $121M in tax dispute.
- 12/28/2023
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GM Sues San Francisco Over Tax Bill. Why the City Has More to Lose.
- The Detroit auto maker claims it has been unfairly taxed $108 million over seven years despite having no employees or physical presence in the city.
- 12/28/2023
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Top 3 Automotive Stock Picks for the New Year
- The automotive industry is one of the most important sectors for economic growth. With several automakers moving towards electrification, there are mixed opinions about the future of the industry.
- 12/28/2023
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7 Stocks to Buy if the Fed Goes Through With Interest Rate Cuts
- While inflation may have been the theme of 2022, disinflation could be the defining label for the outgoing year, thus warranting a closer examination of stocks to buy for lower interest rates. To be sure, you want to be careful about betting too heavily on the monetary policy pivot.
- 12/27/2023
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General Motors Company (GM) Stock Drops Despite Market Gains: Important Facts to Note
- General Motors Company (GM) closed the most recent trading day at $36.08, moving -0.14% from the previous trading session.
- 12/27/2023
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Citi names GM, Delta, KeyCorp as top stocks for 2024
- Citigroup (C) has unveiled its top stock picks for 2024. Despite macroeconomic uncertainty, Citi analysts have named Delta (DAL), United (UAL), Boeing (BA) in aviation, General Motors (GM) for autos, and regional lender KeyCorp (KEY) among stocks it expects to outperform in the new year.
- 12/27/2023
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General Motors' (GM) EVs to Get Ineligible for Tax Credits
- General Motors' (GM) Cadillac Lyriq & Chevrolet Blazer EVs are likely to temporarily lose the US EV tax credit, starting Jan 1, 2024.
- 12/27/2023
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 12/27/2023
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GM pauses sales of new Chevy Blazer EV due to software issue
- General Motors announced a temporary pause in sales of the 2024 Chevrolet Blazer EV while the company rolls out a fix to deal with software issues customers have experienced.
- 12/26/2023
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Electrify Your Portfolio With These 2 Lithium Stocks
- As batteries are the cornerstone of EV performance and lithium is the most important metal in EV batteries, demand for the same is set to grow. Watch stocks like LTHM and LAC for potential gains.
- 12/26/2023
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Road to Big Profits: The 3 Best Automaker Stocks to Buy for 2024
- In this article, I will focus on established automakers rather than electric-vehicle startups. That's because I've written a great deal about the latter firms in other recent columns.
- 12/25/2023
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Top 3 EV stocks to buy in 2024
- The electric vehicle (EV) sector is widely anticipated to generate substantial returns, standing out as one of the few industries with this potential. Compared to various other sectors, its relative newness contributes to this optimism.
- 12/25/2023
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Why These 3 Value Stocks Should Be on Your Radar in 2024
- Value stocks to watch is the equity market's version of Godzilla Minus One. When released in the U.S., the understanding was that it would only feature a limited run.
- 12/24/2023
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GM stops Chevy Blazer EV sales after early software problems
- General Motors has temporarily halted sales of the brand new Chevy Blazer EV after some of the first vehicles shipped have encountered a number of software problems. The automaker says it is “working quickly to roll out a fix, and owners will be contacted with further information on how to schedule their update.
- 12/23/2023
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Best High-Dividend Stocks 2024: 3 Names to Add to Your Must-Buy List
- A recent analysis by British fund manager Janus Henderson (NYSE: JHG ) found that U.S. stocks are on track for record dividend payments in 2023. 98% of companies are holding their payouts steady or raising them in the third quarter alone.
- 12/22/2023
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GM, Ford announce several car models will lose electric vehicle tax credit in 2024
- The Cadillac Lyriq, Chevrolet Blazer, E-Transit, Mach-E and Lincoln Aviator Grand Touring plug-in hybrid will be impacted
- 12/21/2023
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GM bought out nearly half of Buick dealers who opted against selling EVs
- General Motors bought out roughly half of its Buick dealerships over the last year after offering voluntary buyouts to dealers opposed to the company's EV transition.
- 12/20/2023
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GM Financial to Release Fourth Quarter and Calendar Year 2023 Operating Results
- FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) will release its fourth quarter and calendar year 2023 operating results on Tuesday, January 30, 2024. The press release and earnings presentation for fixed income investors will be posted to the Investor Relations section of the Company's website at www.gmfinancial.com. Questions on the materials should be directed to GM Financial's Investor Relations Department. The company's subsequen.
- 12/20/2023
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3 Stocks to Play the Rise of Autonomous Vehicles
- The rise of autonomous vehicles (AVs) and artificial intelligence stocks is paving the way for a pretty interesting 2024. If 2023 was about large language models like OpenAI's ChatGPT, 2024 might be the year that self-driving technologies kick it up a notch.
- 12/20/2023
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Versarien updates on asset sale, funding plan, and calls GM
- Versarien PLC (AIM:VRS, OTC:VRSRF) cautioned investors that its anticipated sale of its South Korean assets is now not expected until ‘next year' and its now deemed likely that the sale will raise less upfront cash than first thought. The company, in a statement, called a new general meeting for a shareholder to enable changes to its capital authorities, so that it has greater flexibility to raise additional funds.
- 12/20/2023
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Automakers oppose US bid to force recall of 52 million air bag inflators
- Dec 19 (Reuters) - Major automakers including General Motors (GM.N), Toyota (7203.T) and Volkswagen (VOWG_p.DE) said on Tuesday they oppose a bid by U.S. auto safety regulators to require the recall of 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive.
- 12/19/2023
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GM has cut its Buick dealership network in half through buyouts
- The 1,000-store reduction is meant to increase throughput and profits at the remaining stores, according to Duncan Aldred, global head of Buick.
- 12/19/2023
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Tesla Will Roll Out Supercharger Access to Ford, GM in February
- Charging your electric vehicle (EV) is about to get much easier, and it starts with two of the industry's best-known powerhouses. In less than three months, the Tesla (NASDAQ: TSLA ) Supercharger network will be open to EVs produced by Ford (NYSE: F ) and General Motors (NYSE: GM ).
- 12/19/2023
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General Motors Company (GM) Stock Dips While Market Gains: Key Facts
- In the most recent trading session, General Motors Company (GM) closed at $35.44, indicating a -0.81% shift from the previous trading day.
- 12/18/2023
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7 Undervalued Dividend Stocks to Buy for a Bargain
- Dividend stocks are about to enjoy a renaissance. Just look what happened with Costco (NASDAQ: COST ) last week – the warehouse giant announced a special $15 cash dividend and shares soared to new all-time highs.
- 12/18/2023
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Tesla Stock Is Worth 16 Times More Than GM's
- General Motors Co. (NYSE: GM) and CEO Mary Barra took a terrible beating in the pages of The Wall Street Journal recently in an article titled “Mary Barra Spent a Decade Transforming GM.
- 12/18/2023
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General Motors (GM) to Dismiss 1,300 Workers in Michigan
- General Motors (GM) plans to trim its workforce in two Michigan plants as it ceases the production of Chevrolet Camaro and Chevrolet Bolt.
- 12/18/2023
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The 3 Most Undervalued EV Stocks to Buy in December
- The surge in electric vehicle (EV) stocks, particularly undervalued EV stocks, is as palpable as ever. This booming sector, bolstered by countries offering incentives to boost EV adoption, is not just about environmental stewardship, but represents a nexus of innovation and advanced technology.
- 12/17/2023
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The Electric Vehicle Landscape: A Pragmatic Forecast
- The future of EVs, with major players like Tesla, Ford, and GM at the helm, is marked by cautious optimism.
- 12/16/2023
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GM's CEO said 2023 would be 'a breakout year' for EV production. But demand has fallen sharply.
- GM's CEO Mary Barra bet big on EVs and driverless cars. But production issues and hesitant US buyers have dashed her vision.
- 12/16/2023
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General Motors (GM) Cruise to Lay off 24% of Its Workforce
- Per CNBC, General Motors??? (GM) Cruise is set to lay off 900 employees, primarily in commercial operations and related corporate functions.
- 12/16/2023
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Mary Barra Spent a Decade Transforming GM. It Hasn't Been Enough.
- The CEO pushed GM hard into electric and driverless cars. The finish line keeps moving farther away.
- 12/15/2023
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GM To Lay Off 1,300 Workers in Michigan
- General Motors (GM) is set to lay off more than 1,300 Michigan employees in the coming months, the automotive company announced in state documents filed last week.
- 12/15/2023
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GM laying off 1,300 workers at Michigan plants that made Bolt EV, Camaro
- Final production of the Bolt at Orion is set for next week, while Chevrolet Camaro production is ending at a plant in Lansing.
- 12/15/2023
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Cruise is in danger of becoming GM's latest trendy venture that doesn't pay off
- Cruise has quickly gone from one of GM's greatest business opportunities to a massive liability.
- 12/15/2023
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GM to layoff 1300 workers at Michigan plant in early 2024
- General Motors (GM) will be laying off about 1,300 workers at two plants in Michigan. The move comes after GM announced it would be delaying the production of its electric pickup trucks to 2025.
- 12/15/2023
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General Motors Layoffs: What to Know About the Latest GM Job Cuts
- General Motors (NYSE: GM ) layoffs are a hot topic on Friday as one of the big three automobile manufacturers in the U.S. announced new job cuts. Two new filings from General Motors with the Michigan Department of Labor and Economic Opportunity reveal that layoffs are coming to two of its facilities.
- 12/15/2023
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General Motors to lay off 1,300 employees at Michigan plants
- General Motors Company (NYSE:GM) will be laying off about 1,300 workers at two of its Michigan manufacturing plants early in the new year, the automaker said on Thursday. At its Orion Assembly plant, 945 workers will be laid off as the company wraps up production of the Chevrolet Bolt EV.
- 12/15/2023
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GM Lays Off More Workers. It's Bracing for Tougher Times.
- Economic growth is set to slow, the excitement around electric vehicles is cooling and the company just got through a protracted labor dispute earlier this year.
- 12/15/2023
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Ford and GM Just Answered a Big Question. But Does That Make the Stocks a Buy?
- Ford and GM anticipate costs increasing $8.8 billion and $9.3 billion, respectively. Labor costs aren't as big a factor as they were in the past.
- 12/15/2023
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GM to lay off about 1,300 in Michigan as Bolt, Camaro end production
- According to filings Thursday with state regulators, the automaker will lay off 945 workers at its Lake Orion, Mich., facility, and 369 at its Lansing Grand River assembly/stamping plant.
- 12/14/2023
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GM to lay off 1,300 Michigan workers as vehicles end production
- GM plans to lay off about 1,300 workers in Michigan early next year due to vehicles they produce ending production, the company disclosed in state documents.
- 12/14/2023
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GM Shares Jumped More Than 6%—Here's Why
- GM (GM) shares jumped more than 6% Thursday after it said it would slash jobs at its autonomous vehicle division, Cruise, following an accident that led regulators to shut down the robo taxi service.
- 12/14/2023
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GM to lay off 1,300 workers at two Michigan plants - automaker
- General Motors said on Thursday it is laying off 1,300 workers at two Michigan auto factories in early January.
- 12/14/2023
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Why Tesla's Cheap (2024 Outlook)
- Investors using traditional valuation metrics to value Tesla are missing the point. As the automotive landscape continues to evolve toward electric vehicles, Tesla's innovative approach and global expansion make it a must-own.
- 12/14/2023
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General Motors Layoffs 2023: What to Know About the Latest Cruise Job Cuts
- While shares of legacy automaker General Motors (NYSE: GM ) popped conspicuously higher, the underlying news wasn't great for employees of Cruise, GM's subsidiary that focuses on developing autonomous driving technology. Unfortunately, safety concerns over the innovation finally bubbled to the surface, forcing the General Motors layoffs.
- 12/14/2023
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GM Cruise executives booted out, 900 employees laid off as robotaxi probe deepens
- General Motors Company's (NYSE:GM) Cruise robotaxi division has laid off 24% of its workforce, just one day after nine Cruise executives were dismissed following the start of a probe into the safety of the firm's automated technology. COO Gil West was among the executives dismissed on Wednesday, according to a memo seen by Reuters, as Cruise eyes new leadership following the disastrous rollout and subsequent barring of its automated taxis from California's roads.
- 12/14/2023
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GM's embattled Cruise robotaxi unit slashes 900 jobs after crash, alleged cover-up
- General Motors' troubled Cruise autonomous vehicle unit is cutting over 900 jobs, about a quarter of its workforce, as it moves to reduce costs and remake itself after a series of safety problems in San Francisco.
- 12/14/2023
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GM's Cruise robotaxi unit lays off 900 workers with investigation into San Francisco crash ongoing
- General Motors' troubled Cruise autonomous vehicle unit is cutting over 900 jobs, about a quarter of its workforce, as it moves to reduce costs and remake itself after a series of safety problems in San Francisco.
- 12/14/2023
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Here's why Wells Fargo's Colin Langan is bearish on the auto sector
- Colin Langan, Wells Fargo senior equity analyst, joins 'Squawk on the Street' to discuss Langan's top pick in the auto sector, why the analyst is bearish on the sector, and the demand question for the automakers.
- 12/14/2023
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GM's Cruise laying off 900, or 24% of its workforce
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Cadillac reveals three-row Vistiq to round out electric SUV lineup
- Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle called the Vistiq.
- 12/14/2023
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GM fires 9 execs amid Cruise robotaxi safety probe
- General Motors' self-driving vehicle unit Cruise dismissed nine executives in December amid an ongoing safety investigation after a woman was struck and dragged by a Cruise robotaxi.
- 12/14/2023
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General Motors (GM) Delays EV Drive Production at Toledo Plant
- This latest development follows General Motors' (GM) October announcement of postponing the production of its electric trucks, including the Chevy Silverado RST and GMC Sierra Denali EVs, to late 2025.
- 12/14/2023
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GM Cruise executives booted out as robotaxi probe deepens
- Nine executives have been dismissed from General Motors Company (NYSE:GM)'s Cruise robotaxi wing following the start of a probe into the safety of the firm's automated technology. Chief operating officer Gil West was among those dismissed, according to a memo seen by Reuters, as Cruise eyes new leadership following the disastrous rollout and subsequent barring of its automated taxis from California's roads.
- 12/14/2023
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GM Cruise Execs Leave Amid Robotaxi Crash Probe
- The driverless car company says nine employees have departed amid its investigation into an incident that left a pedestrian injured.
- 12/14/2023
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GM's robotaxi unit Cruise dismisses 9 top execs amid probe into San Francisco crash that injured pedestrian
- Cruise, the troubled autonomous-vehicle unit of General Motors, has dismissed nine “key leaders” in the wake of an October crash in San Francisco that left a pedestrian critically injured.
- 12/13/2023
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GM's Cruise autonomous vehicle unit dismisses nine 'key leaders' amid safety investigation
- The departures include leaders from Cruise's legal, government affairs, commercial operations and safety and systems teams, according to a company-wide message.
- 12/13/2023
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GM's long-time product development chief set to retire
- General Motors said on Wednesday Doug Parks, who leads the automaker's global product development team, would retire after nearly four decades with the company during which he played a key role in its electrification strategy.
- 12/13/2023
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A sudden volume spike in these 3 stocks could mean something big
- Being a successful investor takes a lot of discipline, which is genuinely one of the deepest endeavors anyone can take on. Assuming you are not the average investor (you are here, so it's a safe assumption), you understand that a story without numbers is a fairytale and numbers without a story are a spreadsheet.
- 12/13/2023
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GM, Komatsu to develop hydrogen fuel cells for electric mining truck
- General Motors and Komatsu said on Tuesday they will jointly develop a hydrogen fuel cell power module for the Japanese construction machinery maker's 930E electric drive mining truck.
- 12/12/2023
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General Motors: Strikes Consequences And Business Prospects Explained
- UAW agreements with Detroit's Big Three were ratified in a vote by union members. GM announced an accelerated $10 billion buyback (~20% of the company's capitalization) and increased its dividend by 33% next year. General Motors remains committed to the idea of transitioning to EVs and plans to release some new SUVs in the coming quarters.
- 12/11/2023
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Stellantis Just Passed Ford and GM in the Electric Vehicle Race. Is It a Buy?
- Stellantis' EVs are in the black in U.S. and Europe. Ford is pulling back on EV ambitions.
- 12/10/2023
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Is This Growing Dividend Stock About to Triple in 2024?
- GM raised its dividend 33% and announced a share repurchase program. GM is finalizing a 2024 budget to fully offset labor wage increases.
- 12/09/2023
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Why automakers are turning to hybrids in the middle of the industry's EV transition
- Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.
- 12/08/2023
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Dividend Gold: 3 Stocks With Sustainable Payouts
- While share price appreciation continues to be important, a good number of investors also prize regular and consistent dividend payments. Dividends provide people, especially those in retirement, with a source of income.
- 12/08/2023
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3 EV Stocks to Buy with Better Electric Trucks than Tesla
- Tesla (NASDAQ: TSLA ) finally began rolling out the long-awaited Cybertruck last week. After waiting for years to see the futuristic vehicle's debut, fans and investors alike were excited to see it on the road.
- 12/07/2023
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GM and Autocar to jointly develop electrified commercial vehicles
- General Motors Company (NYSE:GM) has partnered with Autocar Industries to jointly develop a range of zero tailpipe emissions commercial vehicles, with the first vehicles expected to enter production in 2026 at Autocar's Birmingham, Alabama plant. The two companies announced on Thursday that the vehicles will be powered by GM's HYDROTEC power cubes, a fuel cell propulsion system solution containing more than 300 hydrogen fuel cells that can meet the needs of commercial vehicles.
- 12/07/2023
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GM hydrogen unit to supply fuel cells for Autocar's heavy vehicles
- General Motors' and Autocar Industries have agreed to jointly develop hydrogen-powered heavy vehicles powered by the No.1 U.S. automaker's fuel cell unit Hydrotec, the two companies said on Thursday.
- 12/07/2023
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General Motors Company (GM) Ascends While Market Falls: Some Facts to Note
- General Motors Company (GM) concluded the recent trading session at $32.91, signifying a +0.7% move from its prior day's close.
- 12/06/2023
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Exclusive: New leader of GM's Cruise acknowledges 'all-time low' amid safety review
- General Motors' Cruise autonomous vehicle unit has hit an “all time low,” said its new leader, while promising to restore trust with regulators and the public after the company pulled all of its vehicles from U.S. roads.
- 12/05/2023
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Is Buffett Turning Bearish? 7 Stocks Warren Completely Dumped in Q3
- Warren Buffett wrote an op-ed for The New York Times during the financial markets collapse in 2008 titled, “ Buy American. I Am. ” At the time, the housing market was in free fall, Lehman Brothers had just imploded, and the stock market tumbled 20% on its way to losing more than half its value before hitting bottom.
- 12/05/2023
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Waymo is full speed ahead as safety incidents and regulators stymie competitor Cruise
- Waymo Chief Product Officer Saswat Panigrahi told CNBC that the self-driving car unit hasn't seen a change in tone from regulators or a shift in public perception.
- 12/05/2023
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The 3 Best Blue-Chip Stocks to Buy in December
- Optics show blue-chip stocks are trending in vogue with investors, as the market rally broadens out beyond technology companies. The Dow Jones Industrial Average (DJIA), comprised of 30 blue-chip securities, rose 8% in November for its best month since October 2022.
- 12/05/2023
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 12/05/2023
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China and the U.S. are testing the limits of global trade
- China remains an attractive market for U.S. businesses. For example Meta Platforms META, -1.48% and Tencent Holdings 700, -2.53% TCEHY, -0.85% have struck a deal to sell American-designed, Chinese manufactured lower-cost and lower-technology virtual-reality headsets in China.
- 12/05/2023
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Even Scrooge can't pass up these 3 bargain stocks
- In the iconic classic tale of "A Christmas Carol," Ebenezer Scrooge is a cold and frugal cheapskate. But the geezer wouldn't pass up an opportunity at a bargain.
- 12/05/2023
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Cruise faces fines in California for withholding key details in robotaxi accident
- Cruise keeps getting kicked while it's down. The General Motors-owned robotaxi company may face fines and sanctions after failing to disclose details of an October 2 incident — specifically that one of its vehicles dragged a pedestrian 20 feet, according to a ruling from a California agency.
- 12/04/2023
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GM's Cruise robotaxi service faces fine in alleged cover-up of San Francisco accident's severity
- California regulators are alleging a San Francisco robotaxi service owned by General Motors covered up the severity of an accident involving one of its driverless cars, raising the specter they may add a fine to the recent suspension of its California license.
- 12/04/2023
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GM 'focused on righting' ship at self-driving Cruise unit -CEO
- General Motors CEO Mary Barra said on Monday the Detroit automaker is "very focused on righting the ship" at Cruise, its troubled self-driving unit.
- 12/04/2023
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Mizuho Securities Sees Several Catalysts for GM Stock, Gives It an Upgrade
- General Motors Co. (GM) shares gained ground Monday after Mizuho Securities upgraded the stock and raised its price target based on several catalysts the firm sees boosting GM's value.
- 12/04/2023
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GM raises $3 billion with bond deal as investment-grade spreads rally to tightest level of 2023
- General Motors Co., GM, +2.19%, fresh off announcing a $10 billion stock buyback program and increased dividend, issued a two-part, $3 billion bond deal on Monday.
- 12/04/2023
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GM looks like a 'buy' as long-term issues start to get resolved, says Mizuho's Vijay Rakesh
- Vijay Rakesh, Mizuho analyst, joins 'Squawk on the Street' to discuss if fundamentals issues at General Motors are now getting fixed, what could be a key driver for the stock, and how GM measures with the competition.
- 12/04/2023
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Buy GM Stock, Not Ford, Says Wall Street
- GM stock caught an upgrade to Buy at Mizuho. GM shares also were started with a Buy rating at HSBC.
- 12/04/2023
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Is This Speed Bump Why Warren Buffett Dumped General Motors Stock?
- Ford's Argo AI write-off was a whopping $2.7 billion. Cruise was valued at roughly $30 billion in 2022.
- 12/04/2023
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US probes 73,000 Chevrolet Volt cars over loss of power, issues restarting
- About 73,000 Chevrolet Volt plug-in hybrids are being investigated by the NHTSA over a battery problem that can cause a sudden loss of power or prevent restarting.
- 12/03/2023
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The Score: Shopify, General Motors, Tesla and More Stocks That Defined the Week
- Here are some of the major companies whose stocks moved on the week's news
- 12/01/2023
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What Do Disney And GM Have In Common? Lousy Stock Reactions To Dividends.
- Disney reinstated its dividend this week. GM raised its payout to shareholders.
- 12/01/2023
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GM believes many of its EVs will qualify for tax credits in 2024
- General Motors said Friday that it expects many of its electric vehicles to qualify for U.S. tax credits next year after new stricter rules limiting Chinese battery content take effect.
- 12/01/2023
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Here's why analyst Richard Bove thinks the return of ‘the Goldman Sachs of old' is the right move
- While Goldman Sachs Group Inc. has drawn criticism from inside the bank and elsewhere for retreating from its consumer banking business, Odeon Capital banking analyst Richard Bove said the marquee investment bank may be better off without it.
- 12/01/2023
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GM Finally Puts Shareholders First. Should You Buy the Stock Now?
- General Motors reinstated its guidance after pulling it during the UAW strike. The automaker authorized an accelerated $10 billion share repurchase.
- 12/01/2023
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Behind the tech boom: Big price leaders selectively laying off
- Technology stocks led the market in the past month, with the Technology Select Sector SPDR Fund NYSEARCA: XLK advancing 14.75%, versus the SPDR S&P 500 ETF Trust NYSEARCA: SPY's return of 10.52%.
- 12/01/2023
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Cybertruck Is Here. How It Stacks Up Against Ford, GM, and Rivian.
- What will electric truck buyers pick? A Cybertriuck, an F-150, a Silverado, or a Rivian R1T.
- 12/01/2023
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3 Travel Tech Stocks Worth Considering for 2024
- The U.S. economy exhibited greater-than-expected strength in Q3, with GDP rising at an annualized rate of 5.2% from July through September. The performance highlighted its remarkable resilience amid heightened inflation and elevated borrowing costs earlier this year.
- 11/30/2023
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If You Can Only Buy One Dividend Stock in December, It Better Be One of These 3 Names
- Dividend payments are on the rise. The U.S. stock market saw an increase in dividend payouts during this year's third quarter, according to an analysis by S&P Dow Jones Indices.
- 11/30/2023
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General Motors Company (GM) 2023 Barclays Global Automotive and Mobility Tech Conference (Transcript)
- General Motors Company (NYSE:GM ) 2023 Barclays Global Automotive and Mobility Tech Conference Call November 30, 2023 8:40 AM ET Company Participants Paul Jacobson - Chief Financial Officer Ashish Kohli - Head, Investor Relations Mel McKerracher - Head, Financial Planning and Analysis Conference Call Participants Dan Levy - Barclays Andrew Keches - Barclays Dan Levy The Barclays Global Automotive Mobility Tech Conference. Very pleased to have with us GM, a lot of news.
- 11/30/2023
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General Motors (GM) Updates Guidance, Boosts Dividend & Buyback
- General Motors (GM) reinstates FY23 guidance, announces accelerated share repurchase program of $10 billion and plans to increase its dividend by 33%.
- 11/30/2023
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What Are the Top Stocks to Buy Right Now? 7 Picks.
- If you're like millions of other retail investors, you've got whiplash from the past few months. Markets fluctuated as traders assessed economic news, consumer sentiment and stock prices.
- 11/30/2023
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'Sugar rush' of a big buyback won't erase questions about GM's growth strategy: Mark Fields
- Mark Fields, Fmr. Ford CEO, joins 'Fast Money' to talk the EV market, Cybertruck delivery, GM earnings and more.
- 11/29/2023
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GM's core business a lot more profitable than the Street gives it credit for, says Tim Seymour
- 'Fast Money' traders weigh in on GMs stock buyback, quarterly earnings, EV transition and more.
- 11/29/2023
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GM is 'putting the train back on the tracks': Wedbush's Dan Ives
- General Motors' (GM) stock traded higher Wednesday, after the automaker announced a new $10 billion share repurchase program. Wedbush Managing Director Dan Ives calls the buyback "important" after recent headwinds like Cruise autonomy setbacks and UAW labor unrest weighed on the company's success.
- 11/29/2023
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S&P 500 Gains and Losses Today: NetApp and GM Rise; Hormel and Las Vegas Sands Fall
- U.S. equities gave up early gains in the last hour and ended mixed and little changed, with the S&P 500 falling 0.1%,
- 11/29/2023
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There are better stocks to buy than GM now, says Piper Sandler's Craig Johnson
- Craig Johnson, chief market technician at Piper Sandler, joins 'Power Lunch' to discuss the technical support for three stocks making news headlines.
- 11/29/2023
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Auto Stock Racing Toward Best Day Since 2021
- General Motors Co (NYSE:GM) stock is pacing the New York Stock Exchange (NYSE) today, last seen up 9.3% to trade at $31.58, on track for its best single-session gain since January 2021.
- 11/29/2023
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GM is well positioned to capitalize on the EV market,' Autoblog Editor-in-Chief says
- General Motors CEO Mary Barra (GM) sat down with Yahoo Finance Executive Editor Brian Sozzi to discuss a wide range of topics including the state of the company post-UAW strike and EV production and adoption. Part of that conversation was the ongoing transition to have all cars produced by GM become EVs.
- 11/29/2023
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U.S. November new-car sales seen surging about 10%
- U.S. carmakers are slated to report their November new-auto sales in the next few days, with Wall Street expecting a surge for the month as sales growth outweighed a slight decline in transaction prices.
- 11/29/2023
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Shocking News for General Motors Stock
- A buyback plan could acquire 25% of GM's outstanding stock.
- 11/29/2023
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Final Trades: GM, American Express & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/29/2023
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Why GM's Stock Jumped 11.8% Today
- GM will buy back $10 billion of stock, including $6.8 billion by the end of the week. Full-year guidance was updated after the UAW strike and shows expectations for strong profitability and cash flow.
- 11/29/2023
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What's next for GM stock: Buybacks and a dividend increase
- General Motors Company NYSE: GM stock is up more than 9% after the company announced plans to buy back $10 billion worth of shares (nearly 25% of the company's market cap). The automaker also announced a 25% increase in the company dividend from 9 cents to 12 cents beginning in 2024.
- 11/29/2023
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GM's $10 Billion Apology
- It has been a good year for the automaker financially, but a bad one strategically.
- 11/29/2023
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Midday Movers: GM Rises on $10B Buyback and NBA Team Buy Hurts Las Vegas Sands
- U.S. equities added to yesterday's gains at midday after strong earnings reports and amid optimism the Federal Reserve wouldn't raise interest rates further to fight inflation. The Dow, S&P 500, and Nasdaq were all up slightly.
- 11/29/2023
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GM authorizes $10 billion share repurchase to benefit shareholders following strike
- General Motors wants to give its shareholders a bigger return in 2024, announcing a $10 billion accelerated share repurchase program now that the labor strikes have settled.
- 11/29/2023
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GM CEO Mary Barra: 'I'm not happy with share price'
- General Motors CEO Mary Barra (GM) sat down with Yahoo Finance Executive Editor Brian Sozzi to discuss a wide range of topics including the state of the company post-UAW strike and EV production and adoption. Part of that conversation was the ongoing transition to have all cars produced by GM become EVs.
- 11/29/2023
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Tesla Will Go Down After the Cybertruck Launch. And Ford and GM?
- The EV pioneer has an extravaganza planned for Thursday. It's speeding into GM and Ford territory.
- 11/29/2023
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Q3 GDP Increased More Than Expected
- Pre-market futures are revving higher this morning, following marginal gains across the board yesterday after starting the day in the red. We're closing out Q3 earnings season and paying attention to consumer appetite reports, with more to come throughout this week.
- 11/29/2023
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GM CEO Mary Barra on $10 billion stock buyback, Cruise challenges and China market
- CNBC's Phil LeBeau and GM CEO Mary Barra join 'Squawk on the Street' to discuss the company's new 2023 guidance, challenges with Cruise, China market, slowing EV growth and spending plans, and more.
- 11/29/2023
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GM CEO Barra on Buyback, Dividend and EV Strategy
- General Motors CEO Mary Barra discusses the company's dividend, buyback and EV production plans with Jonathan Ferro on "Bloomberg The Open." GM said it will boost its dividend by 33% and repurchase $10 billion of shares, its biggest-ever buyback plan.
- 11/29/2023
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With auto strike over, GM announces big share buybacks
- General Motors announced hefty new initiatives Wednesday to return billions of dollars to shareholders, lifting its stock price as it estimated the recent labor strike hit at $1.1 billion.
- 11/29/2023
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These 2 Auto Stocks Are Hitting the Gas in Wednesday's Rally
- A broadening of the stock market rally beyond technology is good news for bullish investors. General Motors reinstated its earnings guidance for 2023 and announced massive stock buybacks along with a dividend increase.
- 11/29/2023
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G.M. to Cut Spending on Cruise Self-Driving Unit
- General Motors will “substantially lower spending” on autonomous vehicle efforts in 2024 after accidents with its self-driving taxis in San Francisco.
- 11/29/2023
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GM says union labor deals will increase costs by $9.3 billion
- The UAW's targeted strikes, which ended in late October, cost GM $1.1 billion in adjusted earnings before interest and tax, or EBIT, in 2023.
- 11/29/2023
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GM to Hike Dividend by 33%, Buy Back $10 Billion of Stock
- General Motors Co. will boost its dividend by 33% and announced its biggest-ever buyback plan of $10 billion of shares Wednesday. David Welch reports on Bloomberg Television.
- 11/29/2023
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GM initiates $10 billion buyback, boosts dividend and reinstates 2023 guidance after UAW strikes
- CNBC's Phil LeBeau joins 'Squawk Box' with the latest guidance from General Motors.
- 11/29/2023
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GM shares rally as it reinstates earnings guidance following auto strike; returns cash to shareholders
- General Motors Company (NYSE:GM) shares climbed over 8% in Wednesday pre-market trading after the US carmaker reinstated its 2023 earnings guidance and announced a $10 billion accelerated share repurchase (ASR) program and a 33% dividend increase from 2034. After raising its full-year earnings guidance twice, the company withdrew it in the third quarter due to strikes by the United Auto Workers (UAW) that affected it, Ford and Stellantis.
- 11/29/2023
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GM Is Increasing Its Dividend. That Plus Other Good News Has The Stock Soaring.
- GM provided a financial update ahead of an investor meeting that starts at 8 a.m. Eastern time.
- 11/29/2023
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GM to buy back $10 billion in shares, cut Cruise spending
- General Motors said on Wednesday it will buy back $10 billion in shares and boost its dividend by 33%, even as it cuts spending at its troubled robotaxi unit Cruise and lowered profit expectations following the lengthy auto workers' strike.
- 11/29/2023
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GM's stock soars 5% after company reinstates 2023 guidance and announces $10 billion accelerated share buyback
- General Motors Co.'s stock GM soared 5% early Wednesday, after the car maker said its reinstating its 2023 earnings guidance and conducting a $10 billion accelerated share buyback program. The company is also planning to increase its dividend by 33% beginning with the January 2024 declaration.
- 11/29/2023
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GM initiates $10 billion buyback, boosts dividend and reinstates 2023 guidance after UAW strikes
- GM pulled its guidance when it reported its third-quarter earnings on Oct. 24, citing volatility caused by the UAW negotiations and labor strikes.
- 11/29/2023
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3 No-Brainer Stocks to Buy With $100 Right Now
- The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have danced between bull and bear markets since the decade began. Most online brokerages have done away with commission fees on major U.S. exchanges and minimum deposit requirements.
- 11/29/2023
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Don't pump the brakes on the auto industry just yet, BofA analysts say
- With third-quarter results and the United Auto Workers strike in the rear-view mirror, US automakers are in a better position than many may think, analysts at Bank of America believe. “3Q results were mostly better than our expectations, as volumes came in stronger across geographies.
- 11/28/2023
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Morgan Stanley's bullish call on GM & Ford
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 11/28/2023
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GM to slash spending on self-driving unit Cruise after pedestrian accident: report
- General Motors Company (NYSE:GM) is reducing spending on its self-driving unit Cruise after it suspended testing of its robotaxis following an accident involving a pedestrian, Financial Times reported on Tuesday. According to the Financial Times, the automaker will on Wednesday announce its intention to cut back on planned spending on its self-driving technology.
- 11/28/2023
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GM to cut spending on Cruise after accident - FT
- General Motors will scale back spending on its self-driving unit Cruise, after a pedestrian accident last month, Financial Times reported on Tuesday.
- 11/28/2023
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General Motors: Commitment To Self-Driving Revenue In Question With Ouster Of Cruise CEO
- General Motors' growth strategy of autonomous robotaxis appears uncertain due to safety concerns and the resignation of Cruise's CEO. The company's plan to produce thousands of Origin vehicles for its Cruise subsidiary has been scaled back. GM is still committed to self-driving technology but must address safety and regulatory issues to achieve its revenue goals.
- 11/27/2023
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11 Tesla Competitors: Discover Which Could Threaten The EV Carmaker's Dominate Run
- Sales of electric vehicles (EVs) rose by an order of magnitude between 2017 and 2022, from about 1 million to 10 million.
- 11/25/2023
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General Motors' (GM) Cruise Battles Regulatory & Safety Woes
- General Motors' (GM) subsidiary Cruise scales back its robotaxi ambitions to one city and delays Origin's production amid a challenging safety and regulatory landscape.
- 11/24/2023
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Here is What to Know Beyond Why General Motors Company (GM) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 11/24/2023
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Why Is General Motors Company (GM) Down 3.1% Since Last Earnings Report?
- General Motors Company (GM) reported earnings 30 days ago. What's next for the stock?
- 11/23/2023
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GM's Cruise halts Origin robotaxi work to focus on Chevy Bolt
- Cruise, the driverless cars arm of General Motors Company (NYSE:GM), will recalibrate its strategy by halting production of its Origin robotaxi and focusing on its current Chevrolet Bolt autonomous vehicle platform. This change comes in the wake of recent challenges and safety concerns, which led to last week's pause on all on-road vehicle operations in the US.
- 11/23/2023
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GM's Cruise to Restart Autonomous Driving in Just One City. It's a Long Road Back.
- General Motors' robotaxi unit Cruise is embarking on the path to rebuilding public trust amid safety concerns. It looks likely to be a long and slow road ahead.
- 11/23/2023
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GM's Cruise plans small relaunch of driverless robotaxis
- Cruise aims to start putting its robotaxis back on the road in one city, the General Motors subsidiary indicated on Wednesday. It's unclear what that initial city that will be.
- 11/22/2023
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GM's Cruise driverless taxis will return in one city after despite being pulled off the road last week
- General Motors Company (NYSE:GM) said it plans to relaunch its Cruise robotaxi division in a single city, just one week after announcing it would pause all on-road vehicle operations due to multiple incidents. "Once we have taken steps to improve our safety culture and rebuild trust, our strategy is to re-launch in one city and prove our performance there, before expanding," the company said in a statement.
- 11/22/2023
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GM's Cruise plans careful re-launch for driverless robotaxis - Axios
- General Motors' robotaxi unit Cruise is planning a slow return to service starting in one city - potentially Texas or Arizona, Axios reported on Wednesday.
- 11/22/2023
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GM says it will not advertise in the Super Bowl this year
- CNBC's Joe Kernen reports on the latest news.
- 11/21/2023
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GM's Driverless Taxis Need to Slow Down
- A more cautious approach can rebuild trust, but will also threaten the commercial promise that kept robotaxi venture Cruise on the road financially.
- 11/21/2023
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Cruise co-founder exists with boss after robotaxi flop
- Cruise co-founder and chief product officer Daniel Kan has announced his resignation from the company just a day after chief executive Kyle Vogt. Both resignations come as General Motors Company (NYSE:GM)-owned Cruise reels from the failed rollout of its automated taxi service in San Francisco.
- 11/21/2023
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GM Cruise co-founder steps down a day after CEO exit amid safety probe
- Cruise co-founder and chief product officer Daniel Kan has resigned a day after CEO Kyle Vogt stepped down from his position leading General Motors Company (NYSE:GM)'s robotaxi subsidiary. A spokesperson for Cruise told Reuters that Kan announced he was resigning in a Slack message.
- 11/20/2023
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GM will not advertise in Super Bowl, first time since 2019
- General Motors said Monday it will not advertise in the 2024 Super Bowl, the first time since 2019 it will sit out the heavily watched game.
- 11/20/2023
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Cruise CEO Kyle Vogt resigns from GM-owned robotaxi unit: Here's what you need to know
- CNBC's Deirdre Bosa joins 'Power Lunch' to discuss the CEO of Cruise resigning amid Robotaxi safety concerns.
- 11/20/2023
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Cruise CEO Kyle Vogt resigns after robotaxi safety concerns
- Cruise CEO Kyle Vogt resigned this past weekend after the General Motors (GM) subsidiary halted its autonomous vehicle operations. The shutdown came after several incidents and accidents involving pedestrians.
- 11/20/2023
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Cruise Co-Founder and CEO Kyle Vogt Leaves the GM-Owned Robo Taxi Company
- It's a big shakeup for General Motors' (GM) self-driving taxi unit, Cruise: Co-founder and CEO Kyle Vogt announced he was stepping down over the weekend.
- 11/20/2023
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GM Cruise cofounder and senior exec Dan Kan resigns
- General Motors' Cruise co-founder and chief product officer Daniel Kan has resigned, the company said on Monday, a day after Cruise CEO Kyle Vogt quit.
- 11/20/2023
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Midday Movers: Boeing and GM Advance, Bristol-Myers Squibb Declines
- U.S. equities began the Thanksgiving holiday-shortened trading week higher at midday after optimism about slowing inflation buoyed markets last week. The Dow, S&P 500, and Nasdaq all gained.
- 11/20/2023
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Explainer: GM-owned Cruise's wrong turn could slow robotaxi push
- U.S. robotaxi operators could face increased regulatory scrutiny after an accident involving Cruise, the self-driving cab business of General Motors , forced the company to pause service.
- 11/20/2023
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GM's Cruise CEO Kyle Vogt resigns from company
- Kyle Vogt, the CEO of Cruise, the self-driving vehicle company owned by GM, has resigned from his job after it halted all driverless operations.
- 11/20/2023
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UAW Workers at Ford, GM, and Stellantis Vote for Contracts. The Stocks Are Up.
- Members of the United Auto Workers at the Detroit Three ratified labor deals that run through April 2028.
- 11/20/2023
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Forget Tesla: Buy This Auto Stock
- Tesla has been a big winner in recent years, but high expectations are already baked in. What's more, several signs have emerged that electric vehicle demand is slowing.
- 11/20/2023
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Cruise boss resigns after robotaxi rollout falls flat
- Founder and chief executive of automated taxi firm Cruise, Kyle Vogt, has stepped down from the company, he announced on Sunday. Vogt's resignation comes as the company, which was bought by General Motors Company (NYSE:GM) in 2016, reels from the chaotic rollout of its automated taxi service in San Francisco earlier this year, which resulted in these being kicked off California's roads.
- 11/20/2023
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GM's Cruise CEO Resigns Amid Safety Concerns. It's Another Wrong Turn.
- An accident in early October ultimately led to the suspension of Cruise's license to operate self-driving taxis in California.
- 11/20/2023
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Cruise's C.E.O. Quits as the Driverless Carmaker Aims to Rebuild Trust
- Kyle Vogt, a founder of Cruise, resigned from the company on Sunday, weeks after it suspended all of its self-driving operations.
- 11/19/2023
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Cruise co-founder and CEO Kyle Vogt resigns from robotaxi company
- Kyle Vogt resigned as chief executive of autonomous-vehicle company Cruise late Sunday, following the recent suspension of Cruise's operations on public roads.
- 11/19/2023
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Cruise CEO Kyle Vogt resigns from GM-owned robotaxi unit
- Cruise CEO and co-founder Kyle Vogt has resigned from his role at the autonomous vehicle venture owned by General Motors, according to a company statement.
- 11/19/2023
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Exclusive: GM's cruise CEO resigns from company - email
- GM's Cruise CEO Kyle Vogt has resigned from the company, according to an email sent to employees and reviewed by Reuters on Sunday.
- 11/19/2023
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Ford and Stellantis workers join those at GM in approving new contract
- DETROIT — The United Auto Workers union overwhelmingly ratified new contracts with Ford and Stellantis, that along with a similar deal with General Motors will raise pay across the industry, force automakers to absorb higher costs and help reshape the auto business as it shifts away from gasoline-fueled vehicles.
- 11/19/2023
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Exclusive: GM's Cruise CEO offers apology, will allow share sales - email
- The CEO of Cruise, General Motors' robot taxi unit, on Saturday apologized for the company's situation following an accident that led to the pause of its self-driving vehicle operations.
- 11/18/2023
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UAW members at Ford ratify labor deal, following peers at GM and Stellantis
- United Auto Workers members at Ford Motor Company (NYSE:F) have ratified their proposed labor agreement, according to results published by the union, bringing the contract negotiations with the big three Detroit automakers to an end. Workers at Ford were the final group to ratify their deal, following their counterparts at General Motors Company (NYSE:GM) and Chrysler owner Stellantis NV (NYSE:STLA, EPA:STLA).
- 11/17/2023
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3 EV Stocks That Have Key Product Launches in 2024
- As an investor, you're constantly looking for the next big opportunity, especially in the dynamic world of electric vehicles (EVs). EV stocks with upcoming product launches are particularly exciting, presenting unique possibilities for growth.
- 11/17/2023
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Ford union workers ratify UAW deal, closing out historic negotiations with Detroit automakers
- A majority of Ford facilities overwhelmingly approved the deal, which, like GM and Stellantis, includes at least 25% wage increases.
- 11/17/2023
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Cadillac reveals its new entry-level EV, a compact crossover called the Optiq
- The General Motors brand says the vehicle, which will be its fourth EV, will slot below the Lyriq midsize crossover, which starts around $59,000.
- 11/17/2023
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13F Rundown: Tepper, Buffett, Druckenmiller
- Stock Strategist Andrew Rocco divulges valuable insights from the world's best and brightest investors.
- 11/17/2023
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General Motors' BrightDrop commercial EV division head leaves amid unit streamlining moves
- The head of General Motors Company's (NYSE:GM) BrightDrop electric commercial vehicle unit is leaving the company amid a restructuring, the automaker announced Thursday. GM is reconfiguring BrightDrop to make it less independent from the company and reduce its cost.
- 11/16/2023
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GM confirms CEO of commercial electric vehicle unit BrightDrop is leaving
- General Motors confirmed on Thursday that Travis Katz, CEO of its BrightDrop electric commercial vehicle unit, is leaving the company, without elaborating on the reason for his pending departure.
- 11/16/2023
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GM Workers First of the Big Three to Approve UAW Deal
- General Motors (GM) workers have voted to approve a labor deal with the United Auto Workers (UAW) union, shifting the focus to rivals Stellantis and Ford (F).
- 11/16/2023
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Subaru to raise US plant worker wages in light of UAW deals with Detroit automakers, CEO says
- Subaru will raise the wages and benefits of its U.S. plant workers in light of the new labor deals finalized by the Detroit Three automakers, the Japanese automaker's CEO said Thursday.
- 11/16/2023
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UAW ratifies labor deal with General Motors
- Members of the United Auto Workers (UAW) union at General Motors became the first of Detroit's Big Three automakers to ratify a new labor contract on Thursday.
- 11/16/2023
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A hybrid just won ‘vehicle of the year.' Here's why the EV case has been hard to crack.
- The 2024 Toyota Prius just won a “car of the year” award, but that may say more about the state of EV adoption than about the Prius, a hybrid that has been around for more than two decades in several iterations.
- 11/16/2023
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Auto Workers Ratify New Contract With GM — First Of The Big 3 After Strike
- Union members at General Motors are the first of the Big Three Automakers to ratify a union agreement since the strike.
- 11/16/2023
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UAW members ratify record GM contract in narrow vote
- United Auto Workers members have ratified a record labor deal with General Motors Company (NYSE:GM) following a few days of votes at union local chapters. Roughly 54% of nearly 36,000 union members voted to approve the deal, according to the UAW's vote tracker on Thursday.
- 11/16/2023
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UAW workers approve labor deal with General Motors
- Attention now shifts to ongoing voting at Ford and Chrysler parent Stellantis.
- 11/16/2023
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General Motors deal with the UAW has been ratified: find out more
- A majority of the represented staff at General Motors Co (NYSE: GM) has ratified its deal with the United Auto Workers. Shares of the car company are still in the red at writing.
- 11/16/2023
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U.A.W. Members at General Motors Ratify Contract
- The deal was backed by 55 percent of the United Automobile Workers members voting. Tentative accords at Ford and Stellantis seem headed for approval.
- 11/16/2023
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UAW ratifies labor deal with General Motors
- General Motors' tentative labor deal with the United Auto Workers (UAW) union has clinched ratification, making its workers the first of those at the Detroit Three automakers to approve the agreement.
- 11/16/2023
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GM union workers ratify UAW deal following contentious vote
- A record deal between the UAW and General Motors has been ratified by a majority of workers, according to voting results posted Thursday morning by the union.
- 11/16/2023
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Ford and GM Will Be Watching This EV IPO Closely. Here's Why.
- Renault is planning to raise money for its electric-vehicle division. One analyst is asking “what's the point?
- 11/16/2023
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Berkshire sheds GM, Johnson & Johnson, Procter & Gamble as it amasses cash
- Berkshire Hathaway revealed the status of the stakes it currently has in various companies in a Tuesday disclosure it submitted to the Securities and Exchange Commission.
- 11/15/2023
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Robotaxi Company Cruise Pulling All Vehicles From Public Roads Amid Safety Investigation
- The GM-owned robotaxi company paused driverless operations last month in a bid to "rebuild public trust" after a pedestrian was dragged by a self-driving vehicle key b
- 11/15/2023
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GM's union workers divided on contract deal in early voting
- As United Auto Workers members who work for Detroit's Big Three continue to cast their votes on whether to approve the union's deals with automakers, General Motors workers are divided.
- 11/15/2023
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Warren Buffett's Berkshire Sold GM Shares, Bought Stake In An MLB Team Owner
- Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B) exited its positions in General Motors and Celanese Corp. (CE) in the third quarter but bought shares of Sirius XM and acquired a stake in Atlanta Braves Holdings, according to a recent 13-F filing.
- 11/15/2023
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GM-UAW deal could come down to the wire amid concerns
- After United Auto Workers (UAW) union members rejected the tentative labor deal at several General Motors (GM) plants, workers at GM's Arlington, Texas voted in support of the new contract. Yahoo Finance Autos Correspondent Pras Subramanian explains the ratio of UAW members that have vote to ratify or reject the tentative labor deal with the automaker.
- 11/15/2023
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Cruise is taking all its vehicles off public roads amid expanded safety probe, staff changes
- Cruise, General Motors' embattled driverless car unit, said Tuesday it will pause all public road operations: supervised, manual and driverless.
- 11/15/2023
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Warren Buffett Is Still On The Stock Market Sidelines — Here Are His Top Q3 Sells
- Berkshire Hathaway was a net seller of stocks in a volatile Q3, pushing its cash pile to a record $157 billion.
- 11/15/2023
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UAW members reject labor deal at several GM plants
- The United Auto Workers' (UAW) tentative labor deal with General Motors (GM) could now be in jeopardy as more plant workers vote down the contract, with total union opposition potentially in the majority. Factors such as pensions and distribution of benefits are concerns for many union members.
- 11/15/2023
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More UAW chapters reject tentative deal with General Motors, putting the agreement on shaky ground
- United Auto Workers members at several General Motors Company (NYSE:GM) plants have voted to reject the tentative agreement reached between the automaker and union leadership. Following a targeted strike that lasted about six weeks, votes at multiple major plants have resulted in narrow majorities of 55% to 60% opposition to the deal, according to local union chapters' Facebook pages.
- 11/15/2023
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UAW members are voting against the tentative deal with General Motors
- Members of the United Auto Workers appear close to rejecting a tentative deal that General Motors Co (NYSE: GM) reached with the union on October 30th.
- 11/15/2023
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GM workers at Texas plants vote to approve labor deal
- More than 60% of United Auto Workers union members at General Motors' Arlington, Texas assembly plant voted to approve a new labor deal through April 2028.
- 11/15/2023
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UAW & Detroit 3 Tentative Deal Leads to Mixed Responses
- Detroit 3 automakers' tentative deals with UAW have not been uniformly received. The outcome of final voting and negotiations is likely to influence labor dynamics across the industry.
- 11/15/2023
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GM union workers appear poised to vote down record UAW deal; voting continues
- A rejection of the deal would prolong a historically contentious round of negotiations between the UAW and Detroit automakers.
- 11/15/2023
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Is Warren Buffett Giving Up on General Motors (GM) Stock?
- Warren Buffett of Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) has sold his position in General Motors (NYSE: GM ) stock. The news came in Berkshire's latest 13F filing with the Securities and Exchange Commission (SEC).
- 11/15/2023
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GM's Cruise driverless arm to pause all operations on US public roads
- Cruise, the driverless taxi arm of General Motors (NYSE:GM), said it is pressing the pause button for all on-road vehicle operations in the US, affecting roughly 70 vehicles, after a number of incidents. Driverless taxis developed by Cruise last month lost the right to operate in California after a chaotic rollout onto the roads of San Francisco that led to authorities suspending the licence and saying the vehicles "are not safe for the public's operation".
- 11/15/2023
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GM Suffered a Setback With Cruise, Self-Driving Cars. Here's How It Plans to Fix Things.
- Tuesday, GM's self-driving technology unit Cruise announced several actions designed to improve safety.
- 11/15/2023
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3 Stocks to Buy if You're Betting on a Soft Landing
- The debate continues. Proponents of the soft-landing scenario believe that U.S. economic growth will slow but remain meaningfully positive.
- 11/15/2023
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Exclusive: GM snatches key Tesla gigacasting supplier
- If you can't beat them, buy them.
- 11/15/2023
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Here's Warren Buffett's stock portfolio changes
- Berkshire Hathaway (NYSE: BRKA, BRKB) announced to the Security and Exchange Commission (SEC) its Q3 re port on Tuesday, November 14, which tells an interesting story of new acquisitions, reductions, and exits from holdings.
- 11/15/2023
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Warren Buffett's Berkshire Hathaway Sells Off GM. These Stocks Also Got the Boot.
- Big holdings in Apple, Bank of America and Coca-Cola were unchanged.
- 11/15/2023
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Warren Buffett's Berkshire Hathaway exits General Motors
- Warren Buffett's Berkshire Hathaway exited positions in General Motors and Activision Blizzard in the third quarter, according to a regulatory filing.
- 11/15/2023
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Berkshire sheds General Motors, Procter & Gamble as it builds cash
- Berkshire Hathaway said on Tuesday it has shed its holdings in General Motors and Procter & Gamble , and trimmed its stake in Amazon.com , as the conglomerate controlled by billionaire Warren Buffett boosted its cash pile to a record $157.2 billion.
- 11/14/2023
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Warren Buffett's Berkshire Hathaway invests in Atlanta Braves, sheds GM, P&G holdings
- Berkshire sold $7 billion of stocks and bought just $1.7 billion in the third quarter, a down period for its stock holdings led by Apple, whose share price fell 12%.
- 11/14/2023
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7 High-Risk, High-Reward Stocks for the Extreme Contrarian
- Although the general concept of stock picks for contrarian investors may be universally appealing, when it comes to the most extreme examples, most investors should probably stay away. Basically, while the rewards for when the stars align can be enormously high, they rarely align.
- 11/14/2023
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Warren Buffett's Berkshire Hathaway Sheds Investments in GM, J&J, P&G
- Berkshire's stock portfolio is concentrated in five companies: Apple, Bank of America, American Express, Coca-Cola and Chevron.
- 11/14/2023
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Berkshire invests in Atlanta Braves, sheds GM and other stocks
- Berkshire Hathaway , the conglomerate run by billionaire Warren Buffett, on Tuesday said it has made a small investment in the company that indirectly owns the Atlanta Braves baseball team, and eliminated its holdings in General Motors and Procter & Gamble.
- 11/14/2023
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GM's Cruise suspends supervised and manual car trips, expands probes
- General Motors' Cruise driverless car unit said on Tuesday it will pause all supervised and manual car trips in the U.S. and expand the scope of investigations at the robotaxi operator in the aftermath of an accident that initially led to the suspension of driverless vehicle operations.
- 11/14/2023
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GM Registers to Make Formula 1 Race Car Power Units and Shares Climb
- General Motors (GM) said it formally registered with the governing body of Formula 1 (F1) racing, the FIA, to be an F1 power unit manufacturer beginning in the 2028 season.
- 11/14/2023
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UAW workers at GM's Spring Hill plant vote against tentative deal
- Workers belonging to the United Auto Workers (UAW) union at General Motors' Spring Hill plant in Tennessee have voted against a proposed contract with the automaker, the union's vote tracker showed on Tuesday.
- 11/14/2023
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Here's why the UAW's record deals with GM, Ford and Stellantis aren't getting full support
- The deals, which were recommended for ratification by UAW leaders, are each currently on pace to pass. Yet they've received notable rejections at Ford and GM.
- 11/14/2023
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/13/2023
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GM/Cruise: Down But Not Out
- Cruise has faced recent setbacks, including suspending operations, layoffs, investigations, and suspending manufacturing of its Origin vehicle. Despite these setbacks, autonomous ridehailing services are still expected to be a very large market, with Cruise potentially leading. General Motors's revenue forecast from Cruise may be delayed, but the goal of $50 billion in revenue is still possible. GM stock represents a long-term investment opportunity.
- 11/12/2023
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Where Will General Motors Stock Be in 5 Years?
- GM has finally reached a deal with striking workers. And this will have long-term margin implications.
- 11/12/2023
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Cruise begins layoffs after suspending its self-driving robotaxis following a collision that dragged pedestrian beneath car
- Some Cruise contractors have been laid off following its suspension of robotaxi operations. Cruise's CEO also reportedly told staff this week that layoffs involving full-time staff are coming.
- 11/10/2023
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UAW members at GM's Flint plant vote against new labor deal
- A majority of United Auto Workers members at General Motors' assembly plant in Flint, Michigan, voted against the union's tentative agreement with the automaker this week.
- 11/10/2023
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GM's Cruise robotaxi company begins layoffs, recalls entire fleet after cars crash into pedestrians
- The layoffs and recall are just the latest in what's been a very bumpy road for Cruise.
- 11/10/2023
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Autoworkers at GM plant in Flint, Michigan vote narrowly to reject proposed labor agreement
- United Auto Workers union members at the General Motors Company (NYSE:GM) assembly plant in Flint, Michigan have voted by a slim margin to reject the proposed labor contract between the two parties, according to the union's local chapter. A narrow majority of 51.8% of votes were cast against the deal, UAW Local 598 announced in a Facebook post.
- 11/10/2023
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Should You Fear Slowing Momentum of EVs? ETFs in Focus
- Recently, the electric vehicle (EV) market has experienced a deceleration in its previously rapid growth.
- 11/10/2023
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UAW workers at GM's Flint assembly narrowly vote against new labor deal
- Workers belonging to the United Auto Workers (UAW) at General Motors' Flint assembly plant in Michigan have narrowly voted against a proposed contract with the automaker, the union's local chapter said.
- 11/10/2023
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7 Blue-Chip Stocks to Sell and Never Buy Back
- Many once great stocks have lost their shine. Blue-chip companies that for years were reliable winners in the market have fallen on hard times and their share prices have steadily eroded.
- 11/10/2023
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Focus: Investors pull away from GM's Cruise bet
- General Motors' bet that its Cruise robo-taxi unit will deliver $50 billion in revenue by 2030 is facing its toughest test.
- 11/10/2023
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Biden says all autoworkers deserve deals like those the UAW won from Detroit automakers
- President Joe Biden said the deals won by UAW negotiators are "game changers" that set a "new standard" for blue-collar workers.
- 11/09/2023
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3 Evergreen Stocks for Long-term Wealth Generation
- Finding long-term stocks isn't always easy. Avoiding meme stock mania, FOMO, and value traps is difficult in any economy but particularly troublesome today.
- 11/09/2023
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GM's Cruise slashes contractor roles after driverless car suspension
- Cruise announced a round of layoffs Thursday affecting contract workers who worked on its driverless ridehailing service.
- 11/09/2023
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Unions urge US regulators to probe Waymo, Zoox after Cruise crashes
- More than two dozen unions urged U.S. auto safety regulators on Thursday to open an industry-wide probe into driverless vehicles including Alphabet's Waymo and Amazon.com's Zoox.
- 11/09/2023
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Biden will meet UAW's Fain, laud union's deals with Detroit automakers
- President Joe Biden will meet with Shawn Fain, the head of the United Auto Workers, in Illinois on Thursday to highlight the tentative contract agreements between the union and Detroit's Big Three Automakers that ended a nearly 45-day strike.
- 11/09/2023
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Earnings Estimates Come Under Pressure
- While Q3 results have been better than expected, there is a notable acceleration in negative estimate revisions over the last few weeks, contrasting the largely favorable revisions trend of the preceding six months.
- 11/08/2023
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Earnings Estimates Come Under Pressure
- While Q3 results have been better than expected, there is a notable acceleration in negative estimate revisions over the last few weeks, contrasting the largely favorable revisions trend of the preceding six months.
- 11/08/2023
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GM and Stellantis Invest in EV Magnet Startup Amid Concerns About Reliance on China
- General Motors (GM) and Stellantis (STLA) joined other automakers investing a combined $33 million in Niron Magnetics, a startup producing rare earth-free magnets used in electric vehicles (EVs).
- 11/08/2023
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Cruise recalling 950 driverless cars after pedestrian crash
- General Motors' self-driving car unit Cruise is recalling 950 robotaxis as it looks to address an issue with collision detection software after a pedestrian-involved crash.
- 11/08/2023
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Highlights of UAW's deals with Detroit Three automakers
- Workers at Ford's Chicago assembly plant have voted to ratify a proposed contract with the automaker, the United Auto Workers (UAW) union's local chapter said on Wednesday.
- 11/08/2023
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Cruise Recalls Robotaxi Fleet After Report Of Pedestrian Dragged By Vehicle
- Auto regulators said the self-driving vehicles—manufactured by General Motors—were affected by a post-collision response system that may increase safety risks.
- 11/08/2023
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Cruise Recalls Driverless Vehicles Over Software Issue
- California regulator suspended the company's license after a pedestrian was severely injured.
- 11/08/2023
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GM's Cruise is recalling 950 robotaxis after pedestrian collision
- GM owned Cruise recalls 950 robotaxis after pedestrian collision
- 11/08/2023
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Goldman moves to unload GM credit card
- The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.
- 11/08/2023
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Goldman Sachs advises employees on plan to divest GM credit card
- Goldman Sachs Group Inc. has told employees in its Platform Solutions unit that it's moving toward a process to find a new issuer for its General Motors credit-card program, The Wall Street Journal reported on Wednesday.
- 11/08/2023
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From oil to crypto, AI chips and interest rates – these are the 13 policymakers who matter in markets
- When she was confirmed by the Senate in a close 2022 vote to fill an unexpired term, Fed Governor Lisa Cook became the first Black woman to have a seat at the table of the U.S. central bank since it was founded in 1913.
- 11/08/2023
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The General Motors Comeback: Why GM's Stock Is Too Good to Pass Up Right Now
- General Motors (NYSE: GM ), along with Ford (NYSE: F ) and Stellantis (NYSE: STLA ), is one of the Detroit Three group of American automakers. All three companies experienced financial and operational setbacks due to the United Auto Workers (UAW) strike in October.
- 11/08/2023
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GM employees return to work after 17-day strike in Brazil
- Metalworkers at Brazilian plants of General Motors have decided to suspend a 17-day strike and returned to work on Wednesday after a reaching an agreement with the company, the union representing them said in a statement.
- 11/08/2023
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GM, Stellantis invest in EV magnet startup in move to reduce China reliance
- General Motors and Stellantis said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims to curb its reliance on China.
- 11/08/2023
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Ford Stock Performance and GM's Is Down To Management. Don't Blame Labor Deals.
- A new labor deal isn't an existential threat for GM, Ford, and Stellantis. Management quality, and not relative labor costs, will determine which companies win in coming years.
- 11/08/2023
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GM's Cruise to recall 950 driverless cars after accident involving pedestrian
- Cruise is recalling 950 driverless cars from the roads across the United States and may withdraw more following an accident involving one of its robotaxis, General Motors' self-driving unit and the U.S. auto regulator said on Wednesday.
- 11/08/2023
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Goldman Sachs plans to offload GM credit card - source
- Goldman Sachs plans to offload its General Motors credit cards, a person familiar with the matter told Reuters on Tuesday.
- 11/07/2023
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Goldman Moves to Offload GM Credit Card
- Bank informed employees Tuesday of a process to find a new issuer as it retreats from consumer lending
- 11/07/2023
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The Big 3 Auto Stocks Are Screaming Buys on Tentative UAW Deal
- Labor unions may be entering a new age of victory. As of last week, the United Auto Workers (UAW) had reached tentative agreements with Detroit's Big 3 automakers.
- 11/07/2023
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GM Pauses Robotaxi Production. Don't Worry, Self-Driving Remains Key.
- The auto maker's Cruise business has experienced some difficulties lately including having its license to operate suspended in California.
- 11/07/2023
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GM halts production of Cruise driverless van - Forbes
- General Motors is pausing production of its fully autonomous van, the Origin, Forbes reported on Monday, citing an audio of Cruise CEO Kyle Vogt's address at an all hands meeting.
- 11/06/2023
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Cruise confirms robotaxis rely on human assistance every four to five miles
- Cruise recently took the drastic move of grounding all of its driverless operations following a collision that injured a pedestrian in San Francisco.
- 11/06/2023
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GM-UAW agreement expected to include more affordable Bolt EUV
- General Motors is expected build a more affordable version of the Chevrolet Bolt in Kansas and a new series of premium electric vehicles for Cadillac and Chevrolet in Michigan as part of its planned $13.3 billion in investments in U.S. facilities, sources told Reuters.
- 11/06/2023
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Big Pension Sold Nvidia, Intel, Ford, and GM Stock
- Oregon's pension, one of the largest in the U.S., slashed positions in chip makers Nvidia and Intel, and auto makers Ford and GM in the third quarter.
- 11/05/2023
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What Does GM's New Labor Contract Mean for Investors?
- On Monday, the United Auto Workers strikes against Ford, GM, and Stellantis came to an end. Labor costs will rise for all Big Three automakers.
- 11/05/2023
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GM cancels 1,245 layoffs at factories in Brazil, union says
- General Motors will cancel 1,245 layoffs at its factories in Sao Jose dos Campos, Sao Caetano do Sul and Mogi das Cruzes in the state of Sao Paulo, the union representing metalworkers said on Saturday.
- 11/04/2023
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UAW Outlines Deal with GM, Bringing an End to Stand Up Strike
- United Auto Workers (UAW) outlined the terms of its tentative agreement with automaker General Motors (GM) Saturday and the tentative deal is expected to end the the union's seven-week strike.
- 11/04/2023
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GM is expected to invest $13 billion in U.S. facilities under new UAW deal
- Details of the deal were released Saturday after local UAW-GM leaders approved the pact, which must still be ratified by the union's 46,000 members with the automaker.
- 11/04/2023
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UAW says GM outlines EV investment plans, will raise wages for US workers
- The United Auto Workers union said its tentative contract deal with General Motors includes plans for investments around electric vehicles and will raise wages for thousands of U.S. hourly workers at units with lower wage tiers than at vehicle assembly operations.
- 11/04/2023
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Why San Francisco's robotaxi rollout has been such a mess
- Driverless cars are here, flooding the streets of San Francisco, but the launch of robotaxis from Cruise and Waymo has been plagued by problems.
- 11/04/2023
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G.M.'s Cruise Moved Fast in the Driverless Race. It Got Ugly.
- Cruise has hired a law firm to investigate how it responded to regulators, as its cars sit idle and questions grow about its C.E.O.'s expansion plans.
- 11/03/2023
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Board of GM's Cruise reviewing regulatory response, technology
- The board of Cruise, the robo-taxi company controlled by General Motors , has hired an outside law firm and technology consultants in the aftermath of an accident that led it to suspend all driverless vehicle operations, Cruise said Friday.
- 11/03/2023
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UAW has Tesla, Toyota in its sights after contract wins at Detroit automakers
- Fain plans to use record contracts recently won with GM, Ford and Stellantis to assist in the union's embattled organizing efforts elsewhere.
- 11/03/2023
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How the UAW's drive to 'end tiers' will change GM
- The United Auto Workers union's tentative contract deal with General Motors contains significant steps toward one of UAW President Shawn Fain's top goals: Ending wage "tiers" that divided UAW-GM workers into upper and lower pay classes.
- 11/03/2023
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Ford and GM inventories rise despite UAW strike, but demand concerns linger
- The Big Three U.S. carmakers saw inventories rise despite the six-week-long United Auto Workers strike, but worries that consumers are pinched have lingered and the stocks remain under a cloud.
- 11/02/2023
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Ford and GM stock upgraded as valuations screech to historical lows
- Shares in carmakers Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM) were upgraded by Barclays, which said being cheap was "not usually a reason to buy, but at this level it is". The bank upgraded to 'overweight' ratings on the Michigan-headquartered pair and a positive view on the wider US auto sector.
- 11/02/2023
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UAW workers end 6 week strike against Detroit automakers, here's what it means for the EV transition
- Autoworkers have concluded a six-week strike, securing tentative agreements with Detroit's major automakers—Ford (F), Stellantis (STLA), and General Motors (GM). The deals encompass increased pay for union workers and involvement in the EV transition.
- 11/01/2023
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Ford, GM are in ‘peak pain,' and this analyst thinks their stocks are a buy
- Ford Motor Co. and General Motors Co. shares are “historically cheap,” but that's not the only reason to buy them.
- 11/01/2023
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Top ETF Stories of October 2023
- The S&P 500 recorded its first three-month losing streak in October since March 2020.
- 11/01/2023
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Why I Am Buying General Motors At 1-Year Lows
- General Motors' shares hit a new 1-year low after withdrawing guidance for FY 2023 due to labor contract negotiations with the United Auto Workers. General Motors had a solid Q3 with strong earnings, driven by robust demand for its electric vehicle lineup. Despite short-term earnings uncertainty, General Motors' long-term EV goals and transition to EV technology should not be affected.
- 11/01/2023
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 10/31/2023
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Winners and losers of the UAW talks with GM, Ford and Stellantis
- Fain and the union are clear winners at the end of bargaining, but others like Tesla and President Joe Biden may also come out ahead.
- 10/31/2023
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Stellantis Sees a Smaller Hit From UAW Strike Than Ford and GM. The Stock Rises.
- Stellantis looks set to emerge from the six-week UAW strike with less damage than Ford and General Motors.
- 10/31/2023
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US carmaker strikes over as GM agrees pay deal with union
- A deal between General Motors (GM) and the United Auto Workers (UAW) union has brought to an end six weeks of strikes that hit three of the biggest carmakers in the US.
- 10/31/2023
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GM Reaches Tentative Deal With UAW to End 6-Week Strike
- General Motors Co. has reached a tentative agreement with the United Auto Workers union, bringing an end to a six-week-old strike that had upended US automobile production. The terms must still be approved by GM's 46,000 union members, but they are similar to the deals signed earlier by Ford Motor Co. and Stellantis NV.
- 10/30/2023
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GM strikes tentative deal with UAW to end six-week labor stoppage
- CNBC's Phil LeBeau joins 'Fast Money' to talk the latest revelations coming out of the UAW strike and automakers.
- 10/30/2023
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GM Reaches Tentative Deal With UAW, Bringing Historic Strike to an End
- The United Auto Workers (UAW) announced a tentative agreement with General Motors (GM) on Monday, bringing the union's six-week strike to a close.
- 10/30/2023
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UAW reaches deal with GM, ends coordinated strikes against Detroit automakers
- The United Auto Workers (UAW) union reached a tentative agreement with General Motors on Monday, signaling an end to walkouts that have cost the No. 1 Detroit automaker more than $400 million a week.
- 10/30/2023
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UAW, GM have a tentative deal, all but ending the autoworkers' strike
- The United Auto Workers said late Monday it has reached a tentative agreement with General Motors Co. GM, +0.51%, the third and last of the Big Three carmakers to have such a deal with its workers. GM workers on strike will return to their jobs as the agreement goes through a ratification process.
- 10/30/2023
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EV sales for automakers will be sluggish in the near term, says RBC Capital's Tom Narayan
- Tom Narayan, RBC Capital global auto analyst, joins 'Power Lunch' to discuss the impact of the UAW's tentative deal on automakers.
- 10/30/2023
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GM Cruise driverless taxi service suspends service amid concerns
- General Motors' self-driving taxi service Cruise has ceased operations nationwide after California regulators revoked its license due to public safety concerns. GM has faced substantial losses with Cruise accounting for $732 million of GM's third-quarter losses alone.
- 10/30/2023
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GM Stock Alert: General Motors Reaches Tentative Deal With the UAW
- Another member of the “Big Three” automakers may finally be able to move forward from the United Auto Workers (UAW) strike. According to recent reports, General Motors (NYSE: GM ) has reached a “tentative labor agreement” with the union.
- 10/30/2023
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General Motors reaches tentative deal with UAW; strikes end at US automakers
- General Motors Co announced on Monday that it has reached a tentative agreement with the United Auto Workers (UAW) to end collective bargaining talks as well as more than six weeks of labor disruptions at the Big 3 US automotive companies. GM was the final Detroit automaker to reach a deal with the union.
- 10/30/2023
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UAW reaches deal with GM, ending coordinated strike against Detroit automakers
- The UAW's strategy of escalating, targeted strikes cost the Detroit Three and suppliers billions of dollars over more than 40 days.
- 10/30/2023
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GM reaches tentative deal with UAW, ending widespread six-week strike
- The United Autoworkers reached a tentative agreement Monday with General Motors, wrapping up a six-week strike that affected the Big three U.S. automakers and sent nearly 50,000 workers to the picket lines.
- 10/30/2023
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GM reaches tentative deal with union, bringing an end to auto workers strike
- CNBC's Phil LeBeau reports on the latest news from the United Auto Workers' strike.
- 10/30/2023
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GM deal sets stage for end to UAW strike against three largest US carmakers
- Six-week strike appears to be coming to an end after union brokered deal with General Motors
- 10/30/2023
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GM, UAW reportedly reach tentative labor deal
- Yahoo Finance anchors Seana Smith and Brad Smith break down reports that General Motors (GM) has reached a tentative labor agreement with the striking United Auto Workers (UAW) union, according to a report from Bloomberg. This news comes after the UAW reached deals with the other Big Three automakers Ford (F) and Stellantis (STLA) in days prior.
- 10/30/2023
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GM, UAW Reach Labor Deal
- Days after the United Auto Workers union expanded a strike at General Motors, the company and the union have reached a deal.
- 10/30/2023
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G.M. Said to Reach Tentative Deal With U.A.W.
- General Motors became the last of the three large U.S. automakers to reach a tentative agreement on a new contract with the United Automobile Workers union.
- 10/30/2023
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Autoworkers' 6-Week Strike Is Over: UAW Reaches Tentative Deal With GM, Reports Say
- General Motors was the last car manufacturer of the Big Three who hadn't struck a tentative deal with the autoworkers' union.
- 10/30/2023
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GM's stock bounces of more than 3-year low after report of tentative deal reached with UAW to end strike
- Shares of General Motors Co. GM, +0.29% bounced 1.2% off a 3 1/2-year low in morning trading Monday, after CNBC reported that the automaker reached an tentative deal with the United Auto Workers that would end the six-week long labor strike. The report comes a day after the UAW widened its strike against GM, as the Associated Press reported, hours after a tentative deal was reached with fellow Big 3 automaker Stellantis N.V.
- 10/30/2023
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GM, UAW reach tentative agreement to end labor strike, as the final automaker to reach a deal
- The tentative deal is the result of contentious negotiations, which saw thousands of union members walk out of plants and onto picket lines.
- 10/30/2023
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GM reaches tentative deal with UAW, source says
- General Motors and the United Auto Workers (UAW) union have reached tentative contract agreement, a source familiar with the matter told Reuters, signaling an end to walkouts that have cost the No. 1 Detroit automaker more than $400 million a week.
- 10/30/2023
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EVs create profit potholes for major US automakers GM, Ford
- The electric vehicle push by Ford and General Motors cut into both companies' profit margins which has the automakers revising some of their EV plans to rein in costs.
- 10/29/2023
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Cruise pauses driverless vehicle operations across US amid safety probe
- Self-driving car company Cruise is pausing the operations of its autonomous vehicle fleet amid an ongoing safety investigation in the wake of a suspension by California.
- 10/29/2023
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UAW to start ratification process for Ford contract as GM talks continue
- The United Auto Workers union is starting its internal ratification process for its tentative deal with Ford while the union expands its strike against GM, citing a lack of progress.
- 10/29/2023
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Autoworkers Strike: All Eyes On GM After UAW Strikes Deal With Other Car Makers
- General Motors is the only car maker yet to make a deal with the union.
- 10/29/2023
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UAW leaders push ahead with Ford contract as GM talks drag
- United Auto Workers President Shawn Fain is scheduled to meet Sunday afternoon with local union leaders from Ford to start the process of ratifying a new contract, while bargaining continues at General Motors following a setback Saturday.
- 10/29/2023
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UAW Reaches Tentative Agreement With Stellantis, Expands Strike Against GM
- United Auto Workers (UAW) has announced a "tentative agreement" with automaker Stellantis (STLA), following its deal with Ford Motor Co. (F) last week.
- 10/29/2023
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Ford, GM, and, Tesla all warn on slowing EV demand
- This segment originally aired on October 27, 2023. Ford (F), General Motors (GM), and Tesla (TSLA) are all warning there may be tough times ahead for the U.S. electric vehicle market.
- 10/29/2023
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GM Hit With UAW Strike Expansion After Stellantis Agreement
- The move was unexpected.
- 10/28/2023
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UAW strikes GM SUV assembly, propulsion facility in Tennessee
- The United Auto Workers on Saturday expanded its strike at General Motors to include an additional plant in Spring Hill, Tennessee as the union reached a tentative agreement with the second of the Detroit Three automakers.
- 10/28/2023
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UAW Reaches Tentative Contract Deal With Stellantis—Leaving Only GM To Negotiate
- The labor deal with Stellantis would provide raises for employees and send more than 14,000 striking employees back to work.
- 10/28/2023
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Robo-taxies remain a pipe dream and greedy companies have only themselves to blame
- While Tesla Inc. Chief Executive Elon Musk and others working on autonomous vehicles have suggested that robo-taxis and driverless cars are around the corner, recent developments say otherwise.
- 10/28/2023
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GM's Driverless Plans Shattered
- GM won't continue its tests of driverless vehicles in the U.S. for now. Its permit to test them in California was taken away.
- 10/28/2023
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Will Alphabet's Waymo and GM's Cruise Ever Get the Tesla Premium?
- Alphabet's Waymo and GM's Cruise have spread to new cities this year. The AV brands have yet to have an impact on their owners' stock prices.
- 10/28/2023
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US probes GM's Cruise robocars over pedestrian close-calls, adding to woes
- General Motors' autonomous vehicle unit, Cruise, is facing multiple federal investigations over its cars' safety, including two incidents where the robot cars appeared not to yield to pedestrians in crosswalks, according to a U.S. regulator's letter released on Friday.
- 10/27/2023
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Ford, GM, Mercedes come clean on EV demand weakness
- Ford, General Motors and Mercedes-Benz all responded to concerns over waning demand for electric vehicles this week, as automakers navigate the EV push.
- 10/27/2023
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GM, UAW nearing a labor deal after lengthy negotiating session
- GM and UAW may be nearing a labor deal after marathon negotiating session. CNBC's Phil LeBeau has the detail
- 10/27/2023
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General Motors is close to reaching a tentative agreement with UAW
- General Motors Co (NYSE: GM) is down 2.0% on Friday even after a report that it's close to reaching a tentative agreement with the United Auto Workers.
- 10/27/2023
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When Will GM and Stellantis Agree to UAW Deals? Key Dates to Watch.
- Nov. 10 is a good guess on when the 2023 UAW-Detroit Three auto maker strike will end.
- 10/27/2023
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GM, UAW may be nearing a labor deal after marathon negotiating session
- General Motors and the United Auto Workers could be close to a deal to end a weekslong strike, after Ford and the union reached an agreement earlier this week.
- 10/27/2023
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GM, UAW in intensive talks to reach new contract
- Talks between General Motors and the United Auto Workers went on until about 5 a.m. (0900 GMT) Friday as they engage in intensive bargaining to try to reach a labor contract deal to end a six-week-old strike.
- 10/27/2023
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Electric Vehicles No Longer the Focus at GM
- GM is turning its focus to profitability on existing vehicles and pulling back on EV investments.
- 10/27/2023
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GM's Cruise Suspends All Driverless Car Operations. It's a Setback.
- The auto maker has plans to expand its driverless taxi service across the U.S. and has forecast that Cruise could generate $50 billion in annual sales by 2030.
- 10/27/2023
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Cruise Stops All Driverless Taxi Operations in the United States
- The move comes just two days after California regulators told the company to take its autonomously driven cars off the road.
- 10/26/2023
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Cruise pauses all driverless operations after collisions with pedestrians, permit suspensions in California
- The orders of suspension followed a barrage of incidents since Cruise received approval to conduct around-the-clock robotaxi service in San Francisco.
- 10/26/2023
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GM's Cruise pauses driverless operations across all fleets
- General Motor's Cruise has decided to pause driverless operations across its fleets, the company said on Thursday.
- 10/26/2023
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Cruise pauses all driverless robotaxi operations to ‘rebuild public trust'
- Cruise said Thursday evening it has paused all driverless operations, a decision that comes just two days after the California Department of Motor Vehicles suspended Cruise's deployment and driverless testing permits effectively ending its robotaxi operations in the state.
- 10/26/2023
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UAW Strike Could Threaten Ford, GM, and Stellantis' Already-Tough Transition to EVs
- The costly United Auto Workers (UAW) strike against Ford (F), General Motors (GM), and Stellantis (STLA), could complicate the Big Three automakers' already difficult transition to electric vehicles (EVs).
- 10/26/2023
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US auto safety agency investigating two new GM Cruise crash reports
- U.S. auto safety officials said on Thursday they are investigating two additional reports of General Motors robotaxi unit Cruise self-driving cars engaging in inappropriately hard braking and being struck by other vehicles.
- 10/26/2023
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Best Under-the-Radar Stocks: 3 That AI Predicts Will Soar in Q4
- Artificial intelligence ( AI ) applications are improving at a rapid rate. And one of the areas where they are making strides is in predicting the movements of stock prices.
- 10/26/2023
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Battery maker warns demand could slow for EVs as GM-Honda partnership falls apart
- Global market conditions are contributing to slowed demand for electric vehicles. Automakers, including GM and Honda, have responded by scrapping plans to produce affordable EVs.
- 10/26/2023
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Ford workers to return to work as UAW turns to GM, Stellantis
- Ford autoworkers were set to head back to work after the United Auto Workers (UAW) union reached a tentative labor deal with the company late Wednesday.
- 10/26/2023
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GM's Big Warning for EV Investors
- GM is backing off its near-term expectations for its EV business. Investors should take note.
- 10/26/2023
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GM Stock Has Suffered During Mary Barra's 9 Years as CEO
- Shares of the auto giant have fallen 25% since she took over in 2014.
- 10/26/2023
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Honda CEO on Relation With GM, China
- Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, says Chief Executive Officer Toshihiro Mibe. He spoke in an interview with Bloomberg's Kurumi Mori.
- 10/25/2023
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General Motors adopts more cautious EV strategy in face of softening demand
- General Motors Company (NYSE:GM) is taking a more measured approach to its electric vehicle strategy than its peers, the auto maker's 3Q results indicated. GM withdrew its production guidance for 100,000 EVs in the second half of 2023 and said it no longer anticipates reaching 400,000 total production units by mid-2024.
- 10/25/2023
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California suspends GM Cruise's driverless testing permits
- The state of California has suspended driverless testing permits for Cruise LLC's autonomous driving EV after one of its vehicles struck a pedestrian. Cruise is owned by General Motors (GM).
- 10/25/2023
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GM's Cruise no longer allowed to operate in California
- CNBC's Deirdre Bosa reports on from General Motor's robo-taxi service.
- 10/25/2023
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GM and Honda punt on plan to build millions of affordable EVs together
- General Motors and long-time partner Honda have ended plans to build millions of affordable and smaller electric vehicles as the automakers come to terms with high interest rates and battery costs coupled with softening EV demand. The end to the EV partnership comes 18 months after the two companies announced plans to co-develop affordable electric vehicles.
- 10/25/2023
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GM and Honda abandon plans of building lower cost EVs
- General Motors Company (NYSE: GM) says it has decided to exit plans of working with Honda Motor Co Ltd (TYO: 7267) on lower cost electric vehicles for now. Its shares are down another 2.0% at writing.
- 10/25/2023
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GM, Honda scrap plans to co-develop 'affordable' sub-$30,000 EVs
- The cancellation by GM and Honda is the latest in a growing number of decisions by automakers to scale back or scrap previously announced EV plans.
- 10/25/2023
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California suspends Cruise's autonomous robotaxis
- The state of California announced Tuesday that it is immediately suspending permits belonging to driverless taxi firm Cruise, which effectively halts the firm's autonomous-driving operations for the duration of the suspension.
- 10/25/2023
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GE, RTX, GM Earnings Show That This Economy Is Wild
- For investors, it's a time to stick to the basics: Buy quality companies and don't pay too much.
- 10/25/2023
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General Motors Finds Itself in a Jam
- The largest Detroit automaker is stuck between dwindling profit on gas guzzlers and uncertain prospects for electric and autonomous vehicles.
- 10/25/2023
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General Motors' stock has been punished 'somewhat unfairly' by the UAW strike, says analyst
- Tom Narayan of RBC Capital Markets says the issue of the UAW strike is "overblown" and shares why he is optimistic on the prospects for the stock.
- 10/25/2023
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Honda shelves plan to co-develop smaller EVs with GM - Bloomberg News
- Honda Motor is shelving plans to jointly develop affordable electric vehicles (EVs) with General Motors due to a changing business environment, Bloomberg News reported on Wednesday, citing an interview with Honda CEO Toshihiro Mibe.
- 10/25/2023
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General Motors driverless taxis kicked off San Francisco roads
- Driverless taxis, developed by General Motors Company (NYSE:GM) subsidiary Cruise, have lost the right to operate in California after a chaotic rollout onto the roads of San Francisco. Citing public safety concerns, California's Department of Motor Vehicles suspended the self-driving vehicles from the state's roads on Tuesday.
- 10/25/2023
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California suspends Cruise's autonomous robotaxis
- The California Dept. of Motor Vehicles announced the suspension of autonomous taxi manufacturer Cruise's deployment and testing permits amid an investigation.
- 10/24/2023
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UAW strike expands to crucial GM plant
- CNBC's Phil LeBeau join 'Closing Bell' to discuss the UAW expanding its strike to another crucial GM plant, Stellantis laying of 525 workers due to strike, and how California halting driverless car services may benefit car manufacturers.
- 10/24/2023
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GM Cruise self-driving car permits suspended in California after crashes
- The suspension is a major setback to GM's self-driving technology unit. The automaker reported it lost $723 million on Cruise during the third quarter.
- 10/24/2023
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UAW Strike Alert: Auto Workers Expand Strikes at GM, Stellantis
- A tough situation has just gotten tougher, it seems. Not only is the United Auto Workers (UAW) strike not likely to end anytime soon, but it's actually expanding.
- 10/24/2023
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California revokes GM self-driving car subsidiary permit, citing 'unreasonable risk to public safety'
- Cruise, General Motors' self-driving vehicle subsidiary, just got its license suspended. The California Department of Motor Vehicles revoked Cruise's permits to test and operate fully driverless vehicles on California roads, the agency said in a statement Tuesday.
- 10/24/2023
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GM Pulls Full-Year Guidance as UAW Strike Expands, Hitting Profits
- General Motors Co. (GM) pulled its full-year guidance in its third-quarter earnings report released Tuesday amid uncertainty surrounding the growing strike by the United Auto Workers (UAW) union.
- 10/24/2023
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GM Cruise's driverless taxis suspended in San Francisco
- The California DMV on Tuesday suspended driverless taxis from General Motors Co.'s GM, -1.64% Cruise from operating in San Francisco, citing safety concerns. The halt is effective immediately and there's no timeline for when Cruise, GM's driverless-car unit, would be able to return to San Francisco streets.
- 10/24/2023
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UAW hits GM again, striking at automaker's largest plant
- The United Auto Workers expanded its strike again Tuesday, targeting General Motors' largest assembly plant. The union has now hit each of the Big Three's most profitable facilities.
- 10/24/2023
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GM's Q3 success disrupted by UAW strike, 5,000 UAW members walk out at Arlington assembly plant
- General Motors (GM) beat expectations for both revenue and earnings in its third-quarter results on Tuesday. However, the ongoing strike by the United Auto Workers (UAW) union continues to weigh on operations and the American automaker's profit outlook.
- 10/24/2023
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California suspends GM Cruise's driverless vehicle deployment
- California suspended General Motors' Cruise autonomous vehicle deployment, effective immediately, the state's department of motor vehicles said in a statement on Tuesday.
- 10/24/2023
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General Motors (GM) Q3 Earnings & Sales Top Estimates, Up Y/Y
- General Motors (GM) not only delivers a comprehensive beat in Q3 but also witnesses year-over-year growth in its EPS and revenues.
- 10/24/2023
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US auto union expands strike after GM profits top estimates
- The US auto workers union announced Tuesday it had extended its strike to a giant General Motors truck plant as it called on the company to sweeten a pay offer in light of strong quarterly profits.
- 10/24/2023
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United Auto Workers walk off GM SUV plant hours after the automaker reported results
- SHortly after General Motors Company (NYSE:GM) reported third-quarter earnings Tuesday morning, the United Auto Workers announced the expansion of its strike against the automaker. The roughly 5,000 union employees at GM's Arlington Assembly plant in Texas are joining the targeted strike, the union said.
- 10/24/2023
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Why GM is reviving the Bolt, the best-selling EV it almost discontinued
- GM CEO Mary Barra just more details about the company's plan to overhaul, rather than discontinue, the affordable Chevrolet Bolt EV.
- 10/24/2023
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UAW strikes GM's largest plant that makes its very profitable full-size SUV
- The United Auto Workers union took its most serious shot yet at General Motors in its five-week old strike as 5,000 members walked off the job at a plant in Texas. Arlington Assembly builds GM's very profitable full-size SUVs, the Chevrolet Tahoe and Suburban, GMC Yukon and Cadillac Escalade.
- 10/24/2023
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Solid Q3 Earnings Assisting Dow Up Triple Digits Early
- GM, 3M, ADM and Coke all outperformed expectations on their bottom lines in Q3 this morning.
- 10/24/2023
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GM scraps 2023 outlook as UAW strikes profitable SUV plant
- GM CEO Mary Barra said the automaker is also slowing the launch of several EV models to cut their costs, and pulling back on EV product spending.
- 10/24/2023
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General Motors Company (GM) Q3 2023 Earnings Call Transcript
- General Motors Company (NYSE:GM ) Q3 2023 Earnings Conference Call October 24, 2023 8:30 AM ET Company Participants Ashish Kohli - Vice President of Investor Relations Mary Barra - Chair and Chief Executive Officer Paul Jacobson - Executive Vice President and Chief Financial Officer Dan Berce - President and Chief Executive Officer of GM Financial Conference Call Participants Rod Lache - Wolfe Research Itay Michaeli - Citi Joseph Spak - UBS John Murphy - Bank of America Emmanuel Rosner - Deutsche Bank Adam Jonas - Morgan Stanley James Picariello - BNP Paribas Dan Levy - Barclays Capital Colin Langan - Wells Fargo Mark Delaney - Goldman Sachs Operator Good morning, and welcome to General Motors Company Third Quarter 2023 Earnings Conference Call. During the opening remarks, all participants will be in a listen-only mode.
- 10/24/2023
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UAW Strikes a Key GM Plant. The Union's Targeting Truck and SUV Factories.
- With the latest walkout at GM's Texas plant, the United Auto Workers has hobbled production of the most-profitable vehicles of the Detroit Three.
- 10/24/2023
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GM 3Q earnings topped estimates as strike costs force withdrawal of full-year guidance
- General Motors Company (NYSE:GM) reported better-than-expected third quarter financial results but has pulled its full-year 2023 guidance as the ongoing United Auto Workers (UAW) strike against GM's factories has made forecasting its future financial performance difficult. The company had earlier guided full-year earnings before interest and taxes in the range of $12 billion to $14 billion and profits attributable to stockholders in the range of $9.3 billion to $10.7 billion.
- 10/24/2023
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General Motors profits top estimates on limited Q3 strike hit
- General Motors reported better-than-expected quarterly profits Tuesday behind strong US sales and a limited impact from a labor strike that began late in the quarter.
- 10/24/2023
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GM losing $200M a week on UAW strike
- General Motors pulled its profit and EV guidance for 2023 as costs related to the UAW strike now reach $200 million every week, the automaker confirmed.
- 10/24/2023
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The DIY EV Portfolio: 7 Stocks From Ground to Garage
- You may not realize it based on mainstream market reporting the past few years, but EV stocks are more than a handful of high-risk speculative plays riding Tesla's (NASDAQ: TSLA ) coattails. Instead, if you're bullish on the EV industry – as you should be, despite broader economic effects putting pressure on EV stocks – you should take a step back and consider the entire EV value chain.
- 10/24/2023
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UAW strike moves to GM's truck ‘moneymaker' plant, GM stock turns lower
- The United Auto Workers on Tuesday expanded its strike to General Motors Co.'s GM, -0.10% Arlington, Texas, truck plant, where 5,000 workers have joined the strike. Arlington is GM's largest plant “and biggest moneymaker,” they said.
- 10/24/2023
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UAW expands strike to crucial GM SUV plant in Texas hours after automaker reports earnings
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U.A.W. Expands Strike to G.M.'s Texas Plant
- The union told 5,000 workers to step down at the plant, General Motors' largest in the United States, as it escalates its labor action at the three large U.S. automakers.
- 10/24/2023
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General Motors CFO Paul Jacobson on withdrawing guidance as UAW strike costs surge
- Paul Jacobson, General Motors CFO, joins 'Squawk Box' to discuss where things stand with the United Auto Workers' strike, how investors should consider the latest from the UAW strikes, and if GM is committed to having UAW employees run their electric vehicle plants.
- 10/24/2023
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General Motors Company (GM) Q3 Earnings and Revenues Top Estimates
- General Motors Company (GM) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $2.25 per share a year ago.
- 10/24/2023
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GM Pulls Profit Forecast on UAW Strike Uncertainty
- General Motors CFO Paul Jacobson discusses better-than-expected third-quarter results as the company removes profit guidance due to the ongoing UAW strike. Jacobson says the automaker is “not going to sign a deal that doesn't allow us to be competitive.
- 10/24/2023
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GM tops Q3 expectations but pulls full-year guidance due to mounting UAW strike costs
- CNBC's Phil LeBeau reports on General Motors' latest earnings results.
- 10/24/2023
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GM earnings rise despite strike
- General Motors' earnings grew last quarter, even as the company took a $200 million hit from the first two weeks of a strike by the United Auto Workers union.
- 10/24/2023
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General Motors rises premarket after earnings blow past estimates
- General Motors Co.'s stock GM, -1.48% rose 2.5% early Tuesday, after the car maker blew past earnings estimates for the third quarter. The company had net income of $3.064 billion, or $2.20 a share, for the quarter, after income of $3.305 billion, or $2.25 a share, in the year-earlier period.
- 10/24/2023
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GM withdraws 2023 guidance as UAW strike costs soar
- General Motors on Tuesday withdrew its previous guidance for 2023 profits and near-term electric vehicle production as costs related to the United Auto Workers strikes jumped to $200 million a week during October.
- 10/24/2023
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General Motors is set to report earnings before the bell. Here's what Wall Street expects
- GM has been navigating ongoing strikes by the United Auto Workers after the union and Detroit automakers failed to reach labor deals by a Sept. 14 deadline.
- 10/24/2023
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GM workers in Brazil go on strike in protest against layoffs
- Metalworkers at Brazilian plants of General Motors have voted to go on strike starting Monday in protest against layoffs carried out by the US-based automaker in the country, according to a union that represents them.
- 10/23/2023
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3 Comeback Stocks to Buy Before They Soar Again in 2024
- Many investors are probably upset that the yields of the 10-year treasury bonds are trading around 5%. It's true that higher bond yields do increases companies' borrowing costs and make stocks less attractive.
- 10/23/2023
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GM's Outlook Is What Counts—Especially on Labor and Rates
- GM has been hurting by rising interest rates, mounting competition, and a UAW strike.
- 10/23/2023
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GM earnings: What to expect from carmaker facing UAW strike
- General Motors Co. is slated to report third-quarter earnings before the bell on Tuesday amid another escalation of the auto workers strike.
- 10/23/2023
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United Auto Workers strike: Cost to US economy tops $9 billion
- The United Auto Workers' strike against Detroit automakers Ford, General Motors and Stellantis has cost the U.S. economy more than $9 billion so far, the latest data shows.
- 10/23/2023
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GM, Ford slip after UAW warns of more walkouts, analysts say deal is close
- Shares of U.S. automakers Ford Motor and General Motors slipped about 1% each in morning trade on Monday after the United Auto Workers (UAW) union warned of more walkouts unless a new labor deal is reached.
- 10/23/2023
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GM workers in Brazil go on strike in protest against layoffs
- Metalworkers at Brazilian plants of General Motors have voted to go on strike starting Monday in protest against layoffs carried out by the U.S.-based automaker in the country, according to a union that represents them.
- 10/23/2023
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Things to Note Ahead of General Motors' (GM) Q3 Earnings
- The Zacks Consensus Estimate for General Motors' (GM) Q3 earnings and revenues is pegged at $1.84 per share and $43.30 billion, respectively.
- 10/23/2023
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General Motors Faces Its Biggest Crisis in 15 Years
- GM is dealing with a major strike and a shift in its EV strategy all at once.
- 10/22/2023
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GM and Ford will answer to Wall Street and the UAW with third-quarter earnings this week
- GM and Ford report third-quarter earnings and future guidance this week amid ongoing strikes and contract negotiations with the United Auto Workers union.
- 10/22/2023
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Is Elon Musk the Reason Warren Buffett Sold GM Stock?
- Berkshire Hathaway sold nearly half of its stake in GM this spring. Tesla has been waging a price war in the electric vehicle industry, and it could intensify.
- 10/22/2023
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UAW Reports Progress With GM and Stellantis Talks But Not Ford, Warning of More Walkouts
- United Auto Workers (UAW) President Shawn Fain said "serious" progress was made in negotiations with General Motors (GM) and Stellantis (STLA), but not Ford (F), as the union's stand up strike, which called approximately 34,000 UAW members to participate in walkouts, reaches its fifth week.
- 10/20/2023
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UAW says 'more to be won' despite record offers from automakers; declines to expand strikes
- General Motors, Ford Motor and Stellantis have offered proposals that include 23% hourly pay increases during the terms of the four and a half-year deal.
- 10/20/2023
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Forget TSLA: Old-School Auto Stocks Are the Best EV Bets
- With apologies to fans of The Who
- 10/20/2023
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GM Raises Offer To Striking Auto Workers: 23% Wage Increase
- General Motors' new offer matches that of Ford.
- 10/20/2023
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GM makes ‘record offer' to autoworkers ahead of UAW update
- General Motors Co. said Friday it has made a new, “record” proposal to its auto workers, reinstating cost-of-living adjustments and offering compounded raises of about 25% over four years.
- 10/20/2023
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Buffett's 6 Dividend Buys For October
- This Buffett holdings list from Kiplinger first appeared 8/21/23 on-line. Kiplinger, YCharts and Dogs of The Dow all track this Buffett/Berkshire batch. Here is your update from 10/17/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 10/17/23 the top-ten ranged 3.05%-5.08% by annual-yield and 45 of 48 ranged 0.83% to 64.28% per broker-estimated target-price-upsides.
- 10/20/2023
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GM makes new offer to UAW, sees movement in all key areas
- General Motors said on Friday it had made a "comprehensive offer" to the United Auto Workers (UAW) union in a bid to end the month-long strike.
- 10/20/2023
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Market Breaking Up with TINA
- Off last week's near-term highs, stock market indices across the board are lower, including in today's final pre-market session of the week. Currently, the Dow is -80 points, the S&P 500 is -13, the Nasdaq -65 points and the Russell 2000 -6.
- 10/20/2023
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 10/20/2023
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GM and Honda team up on autonomous ride service for Japan
- General Motors and Honda, along with Cruise — GM's autonomous driving subsidiary — have agreed to create a driverless ride-hailing company in Japan. The company will use the Cruise Origin autonomous vehicle to give rides in Tokyo, Japan's largest city. The companies plan to begin providing services in 2026.
- 10/19/2023
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GM, Cruise and Honda to launch robotaxi service in Japan
- General Motors, self-driving car subsidiary Cruise and Honda plan to launch a robotaxi service in Japan under a new joint venture, the three companies announced today. The companies intend to launch the service with the custom-built Cruise Origin vehicles in central Tokyo in early 2026.
- 10/18/2023
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Honda, GM plan to launch driverless taxi service in Japan in 2026
- Honda Motor 7267, -1.88% HMC, -2.07% and General Motors GM, -2.80% plan to begin driverless ride services in Japan in 2026, targeting a wide range of customers.
- 10/18/2023
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General Motors delays opening electric-truck factory as EV demand wanes
- The move is the latest sign that electric vehicle production and demand may not be as strong as forecast.
- 10/18/2023
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GM cancels Nov. 17 investor day, will move to next year
- General Motors said it has canceled a Nov. 17 investor day event and will move it to early next year to allow company leaders to focus on ongoing labor talks.
- 10/18/2023
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Feds investigate GM's Cruise over incidents involving pedestrians in roadways
- U.S. regulators are investigating General Motors' Cruise autonomous vehicle division after receiving reports of incidents where vehicles may not have used proper caution around pedestrians in roadways.
- 10/17/2023
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GM postpones expanding production of electric trucks
- General Motors is putting off adding a second factory for production of its electric pickups until late 2025, the automaker announced Tuesday.
- 10/17/2023
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GM delaying EV pickup expansion
- General Motors (GM) is delaying production of the Chevrolet Silverado EV and GMC Sierra EV that the company was planning to produce at its Orion Assembly plant in Michigan. This comes after Ford (F) cut a production shift for its F-150 Lightning EV.
- 10/17/2023
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GM Delays Planned EV Plant Conversion as UAW Strike Continues
- General Motors (GM) pushed back to 2025 plans to convert a Michigan plant to electric vehicle production as the United Auto Workers (UAW) strike continues against it and the other Big Three automakers, Ford (F) and Stellantis (STLA).
- 10/17/2023
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Regulators Launch New Investigation Into Cruise Self-Driving Cars After Pedestrians Hit By Robotaxis
- The self-driving car arm of General Motors is being probed by regulators after it shared two incident reports of pedestrians being injured by the cars.
- 10/17/2023
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General Motors delays electric truck production at Orion Assembly
- Shares of General Motors Company (NYSE: GM) are in the green at writing even after the automaker said it will take longer for it to start producing electric trucks at a Michigan factory. When will production start now at Orion?
- 10/17/2023
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General Motors delays EV production at Michigan plant to late 2025
- General Motors Company (NYSE:GM) is pushing back production of all-electric trucks at a Michigan plant to late 2025 in order to “better manage capital investments,” the automaker said Tuesday. GM had planned to start construction of next-generation electric vehicles (EVs) at its Orion Assembly plant in suburban Detroit next year.
- 10/17/2023
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GM delays Orion EV plant by one year to ‘better manage' investment and EV demand
- General Motors Co. said Tuesday it has delayed by one year the opening of its electric-vehicle plant in the Detroit area, citing uncertainty about EV demand.
- 10/17/2023
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GM to delay all-electric truck production at Michigan plant until late-2025
- GM will delay production of all-electric trucks at a Michigan plant by at least a year to "better manage capital investments" and implement other improvements.
- 10/17/2023
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GM delays EV truck production by a year at Michigan plant
- General Motors Co said on Tuesday it will delay production of the electric pickup trucks at its Orion, Michigan, plant by a year to better align with "evolving EV demand."
- 10/17/2023
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Federal regulators open investigation into GM self-driving car subsidiary Cruise
- The National Highway Traffic Safety Administration has opened an investigation into GM subsidiary Cruise's autonomous vehicle system following several incidents involving pedestrians in San Francisco, where the company operates a robotaxi service. The most recent incident, which occurred October 2, left a woman stuck underneath a Cruise robotaxi after being hit by a human-driven vehicle.
- 10/17/2023
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Federal regulators open probe into Cruise after pedestrian injury reports
- NHTSA is probing Cruise over two incidents in San Francisco where driverless vehicles struck pedestrians.
- 10/17/2023
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Feds probing safety of GM's robotaxis around pedestrians
- The US auto safety regulator has opened a probe into whether General Motors' self-driving unit Cruise has taken sufficient precautions with its autonomous vehicles to safeguard pedestrians, it said on Tuesday.
- 10/17/2023
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Down 12% YTD Will General Motors Q3 Earnings Help It Rebound?
- General Motors is expected to publish its Q3 2023 results on October 24, reporting on a quarter that saw the company's U.S.
- 10/17/2023
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US opens probe into 594 vehicles of GM's Cruise LLC
- U.S. auto safety regulators said on Tuesday they have opened a preliminary evaluation into about 594 vehicles of General Motors' self-driving unit Cruise LLC.
- 10/17/2023
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Why General Motors Company (GM) Outpaced the Stock Market Today
- General Motors Company (GM) reachead $30.06 at the closing of the latest trading day, reflecting a +1.35% change compared to its last close.
- 10/16/2023
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Tesla EPS Preview: 5 Items to Watch
- Zacks Rank #3 (Hold) stock Tesla ( TSLA ) is scheduled to report third-quarter earnings on Wednesday, October 18th, after the market closes. Year-to-date, shares of Tesla have outperformed the auto industry and the general market and are up a healthy 133%.
- 10/16/2023
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United Auto Workers strike: Cost to US economy nears $8 billion
- The economic toll of the United Auto Workers strike against Ford, General Motors and Stellantis continues to grow as the union's month-long strike continues.
- 10/16/2023
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UAW strike could upend GM, Ford financial strategies
- General Motors and Ford have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, all funded by robust profits from combustion trucks and SUVs.
- 10/16/2023
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Autoworkers in Canada OK deal with GM
- Autoworkers in Canada ratified a new labor contract Sunday with General Motors, averting a resumption of a strike that had lasted about 13 hours on Tuesday.
- 10/15/2023
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Canadian autoworkers ratify new contract with GM, leaving only Stellantis without deal
- TORONTO — Canadian autoworkers have voted to ratify a three-year contract agreement with General Motors.
- 10/15/2023
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Canadian autoworkers union Unifor ratifies GM labor deal
- Canadian labor union Unifor on Sunday said its members had voted in favor of a contract with General Motors , a relief for the automaker as it also faces a larger strike by hourly workers in the United States.
- 10/15/2023
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UAW says workers at GM battery plants will be covered by contract
- As the autoworkers' union grapples with the big three automakers for a contract, it expands its coverage to electric vehicle workers
- 10/15/2023
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Sorry, Cathie Wood. This, Not Tesla, Is the Stock to Own for the $9 Trillion Robotaxi Market.
- Wood's Ark Invest firm expects Tesla to reach $2,000 a share by 2027. According to that forecast, most of its profit will come from robotaxis.
- 10/14/2023
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UAW strike against Detroit automakers has entered 'new phase,' union boss says
- The United Auto Workers strike against Ford, General Motors and Stellantis could be escalated at any time rather than on a weekly basis, the union's president said Friday.
- 10/13/2023
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UAW Defers Expanding Its Strike as 'New Phase' Makes Surprise Walkouts the Norm
- The United Auto Workers (UAW) held off on expanding its strike on Friday, warning it will no longer be announcing strikes in advance and is prepared to launch surprise walkouts throughout the week.
- 10/13/2023
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United Auto Workers union forgoes adding new strike targets but warns of surprise walkouts to come for Detroit automakers
- The United Auto Workers will not add new plans to its ongoing strike of the big three automakers, but UAW President Shawn Fain warned that surprise walkouts could become the norm going forward. Earlier this week, the union shut down the Ford Motor Company (NYSE:F) Kentucky Truck plant, which employs 8,700 workers and produces Super Duty pickups and Lincoln Navigator SUVs, two high-margin vehicles for the automaker.
- 10/13/2023
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UAW threatens to escalate strike as negotiations with automakers stall
- The autoworker union president, Shawn Fain, says the ‘stand-up' strike will intensify unless the big three car companies ‘pony up'
- 10/13/2023
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U.A.W. Says Auto Strikes Will Become More Unpredictable
- The United Automobile Workers union refrained from expanding the strikes at Ford, General Motors and Stellantis but said it could do so at any time.
- 10/13/2023
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UAW Ratchets Up Detroit 3 Tensions With Kentucky Plant Standoff
- The UAW's surprise strike at Ford's pivotal Kentucky plant not only rattles the latter but sends shockwaves through General Motors and Stellantis.
- 10/13/2023
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UAW says it may call more strikes ‘at any time'
- United Auto Workers President Shawn Fain said Friday that the union may call on additional workers at Big Three facilities to strike “at any time,” shifting the labor movement's strategy a month in.
- 10/13/2023
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Stop! Why Now Is the Worst Time to Buy an EV
- Electric cars are surging in popularity due to extended battery range and diverse models. Higher gas prices have also boosted their appeal.
- 10/13/2023
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US proposes $270,000 fine for joint venture GM battery plant
- U.S. investigators on Thursday proposed $270,000 in fines for a joint venture General Motors LG Energy Solution battery plant in Ohio for safety and health violations.
- 10/12/2023
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United Auto Workers ratchet up pressure on Ford with surprise strike of its most profitable plant
- The United Auto Workers launched a surprise strike Wednesday night at the largest and most profitable Ford Motor Company (NYSE:F) factory, turning up the heat on the big three Detroit automakers. The union shut down Ford's Kentucky Truck plant, which employs 8,700 workers and produces Super Duty pickups and Lincoln Navigator SUVs, two high-margin vehicles for the automaker.
- 10/12/2023
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The Zacks Analyst Blog General Motors, Honda, Toyota, Ford and Stellantis
- General Motors, Honda, Toyota, Ford and Stellantis are part of the Zacks top Analyst Blog.
- 10/12/2023
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The Big 3 CEOs Make Too Much for the UAW's Head. How They Really Stack Up.
- GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.
- 10/12/2023
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3 Stocks Hedge Funds Are Loading Up on in Q4
- The list of stocks hedge funds are buying is always lengthy but according to Morgan Stanley, hedge funds have been allocating capital to a select group of beaten down stocks on expectations that they will likely rebound in the coming months. Hedge funds are taking advantage of the 3% and 4% decline in European and U.S bank stocks.
- 10/12/2023
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Thousands Walk Out Of Ford's Biggest Plant As Auto Workers Strike Expands
- The unannounced walkout at Ford's Kentucky truck plant hits the company's largest factory that brings in around $25 billion in sales each year.
- 10/12/2023
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Ford, GM, Stellantis Lay Off 5,000 Workers; UAW 'Stand-Up Strike' May Be Minimizing Damage
- The Big Three have laid off nearly 5,000 workers since the start of the historic United Auto Workers (UAW) strike against Ford (F), General Motors (GM), and Stellantis (STLA), although layoffs could have been larger, if not for the union's stand-up strike strategy, experts estimate.
- 10/11/2023
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The 3 Widest Competitive Moats on Wall Street
- Competitive moats symbolize a company's sustainable advantage, protecting it from competitors and external threats. Three standout examples illustrate this principle vividly.
- 10/11/2023
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GM's Deal With Canadian Auto Workers Could Set Tone for Talks With Stellantis
- General Motors (GM) and autoworkers in Canada reached a tentative agreement for a new contract just hours after Canadian union Unifor called for a strike, in a move that could set the tone for the union's talks with Stellantis (STLA).
- 10/11/2023
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The UAW's 'record contract' hinges on pensions, battery plants
- After nearly four weeks of disruptive strikes and hard bargaining, the United Auto Workers and the Detroit Three automakers have edged closer to a deal that could offer record-setting wage gains for nearly 150,000 U.S. workers.
- 10/11/2023
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General Motors (GM) Partners With Anduril for Defense Program
- General Motors' (GM) unit, GM Defense LLC, collaborates with Anduril to deliver autonomy solutions, battery electrification and other new propulsion technologies.
- 10/11/2023
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Forget General Motors And Buy These High-Yield Dividend Aristocrats Instead
- General Motors is facing multiple challenges, including a potential recall of 20 million airbags and a strike by the UAW. The company's historical performance and dividend cuts make it an unattractive investment option. This industry isn't conducive to long-term dividend growth. GM's long-term consensus return potential of 4% is bond-like. GM's returns since it exited bankruptcy have been equal to those of bonds.
- 10/11/2023
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US automakers lay off hundreds more workers as UAW strike's ripple effects grow
- Ford, General Motors and Stellantis all laid off more workers as the United Auto Workers strike against Detroit's Big Three automakers entered its fourth week.
- 10/10/2023
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General Motors reaches tentative agreement with Canadian union, ending strike
- General Motors and Unifor, a Canadian union, reached a tentative agreement hours after 4,300 workers went on strike on Tuesday at three GM facilities in Canada.
- 10/10/2023
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GM Reaches Tentative Agreement With Its Canadian Union
- General Motors reached a tentative agreement with its Canadian union, ending a strike that had halted work at three plants in Ontario about 13 hours after it began. Keith Naughton has more on "Bloomberg Markets.
- 10/10/2023
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General Motors reaches deal with Canadian autoworkers hours after union initiates strikes
- Canadian union Unifor said Tuesday afternoon the "strike actions are on hold to allow the membership to vote on the tentative agreement."
- 10/10/2023
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General Motors hit with worker strikes in Canada
- GM has been hit with more production stops in Canada after a deadline to negotiate a new deal with unionized workers lapsed, leading to roughly 4,300 employees striking Monday night.
- 10/10/2023
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GM faces strike from Canadian autoworkers union Unifor
- General Motors Company (NYSE:GM) is dealing with strikes on both sides of the US-Canada border after roughly 4,300 walked off a trio of plants in Ontario on Tuesday. Unifor, the Canadian autoworkers union, said it would strike GM's Oshawa assembly complex, St. Catharines powertrain plant and the Woodstock parts distribution center.
- 10/10/2023
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GM faces two strikes after workers in Canada walkout
- About 4,300 unionized workers went on strike at three General Motors plants in Canada on Tuesday, boosting pressure on the automaker grappling with a U.S. union work stoppage now in its fourth week.
- 10/10/2023
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Workers Start Strike Against General Motors in Canada
- Canadian labor union Unifor launched a strike against General Motors (GM), after a tentative deal fell through on Monday, adding to union pressure on the Big Three automaker.
- 10/10/2023
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G.M. Workers in Canada Go on Strike
- More than 4,000 members of the Unifor union went on strike at General Motors after the two sides failed to reach a new contract.
- 10/10/2023
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2023 Layoff Tracker: GM, Stellantis And Ford Cut Thousands As UAW Strike Continues
- Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
- 10/10/2023
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Canadian autoworkers go on strike at GM plants
- More than 4,000 autoworkers in Canada are on strike against General Motors after the Unifor union and the company failed to agree to a deal similar to the one the union previously reached with Ford.
- 10/10/2023
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Canadian autoworkers strike against General Motors, joining UAW
- The Canadian autoworkers will join roughly 9,200 United Auto Workers members who are on strike against GM in the U.S.
- 10/10/2023
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General Motors Has Another Strike Headache. It Can Blame Ford.
- Canadian auto workers are striking against General Motors, demanding it agrees to similar terms to those their union reached with Ford last month.
- 10/10/2023
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GM faces strike in Canada as layoffs mount over border
- General Motors Company (NYSE:GM) is facing fresh strikes after workers in Canada walked out on Tuesday morning in a dispute over conditions. Meanwhile, over the border in America, GM announced cuts to almost 200 employees on Monday in response to ongoing industrial action by auto workers there.
- 10/10/2023
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Canadian union Unifor to strike at three GM facilities
- Canadian labour union Unifor said early on Tuesday it would begin strikes at three General Motors facilities in the country after it failed to reach a deal on a new contract to improve wages and pensions by a midnight deadline.
- 10/10/2023
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GM seems most vulnerable due to low supply of some popular vehicles: AutoTrader.com's Brian Moody
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
- 10/09/2023
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GM expands strike layoffs by nearly 200 workers
- General Motors on Monday said it was laying off nearly 200 additional workers due to the United Auto Workers strike, adding a sixth impacted plant.
- 10/09/2023
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Waymo expands in San Francisco while Cruise feels the heat
- Alphabet subsidiary Waymo its expanding its service area in San Francisco despite protests against robotaxis, while rival Cruise grapples with crashes and other incidents. Waymo riders can now access the service across the vast majority of SF, Waymo announced on Monday on social media site X.
- 10/09/2023
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United Auto Workers strike: cost to US economy sets new record
- The United Auto Workers' limited strike against Ford, General Motors and Stellantis has already cost the economy more than any other strike in the industry this century.
- 10/09/2023
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Unifor threatens union strike against GM, deadline looms
- Canadian labor union Unifor threatens to strike against General Motors (GM) if a deal is not reached by midnight tonight, October 9. Unifor states GM refuses to match certain elements in the union's labor contract with Ford (F) in Canada.
- 10/09/2023
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- General Motors Company (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/09/2023
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UAW Members Strike Against Mack Trucks After Rejecting Tentative Deal
- The United Auto Workers (UAW) union launched a strike against Mack Trucks after members rejected a tentative deal with the company owned by Volvo.
- 10/09/2023
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UAW workers reject Mack Trucks proposal including 19% pay hike, will strike Monday morning
- UAW President Shawn Fain said union workers overwhelmingly voted to reject a tentative agreement with Mack Trucks and will strike early Monday morning.
- 10/09/2023
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UAW workers reject Mack Trucks contract, will strike
- Union workers at Volvo Group-owned Mack Trucks overwhelmingly rejected a proposed five-year contract deal and will go on strike at 7 a.m. Monday (2300 GMT), the United Auto Workers said late on Sunday.
- 10/08/2023
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JPMorgan earnings, inflation data and UAW strike top week ahead
- The United Auto Workers strike against Ford, General Motors and Stellantis is entering its fourth wee, and Wall Street investors eye earnings from JPMorgan, Blackrock and PepsiCo.
- 10/08/2023
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GM is shaping up to be the hardest hit by the UAW strike
- GM has the most workers on strike of all the Detroit 3. The company narrowly avoided a fourth shutdown Friday.
- 10/08/2023
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White House Advisor on US Jobs Report, UAW Strike Impact
- Jared Bernstein, chair of the White House Council of Economic Advisors, talks about the September jobs report and how the UAW strike is impacting the economy and labor. He is on "Balance of Power.
- 10/06/2023
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Unifor says GM resisting important elements of Ford pattern agreement
- Canadian workers union Unifor on Friday said General Motors was "resisting" a number of important elements of its pattern agreement with Ford Motor.
- 10/06/2023
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Top issues in Detroit Three's negotiations with UAW
- The United Auto Workers (UAW) secured a "major breakthrough" in labor talks with the Detroit Three, as General Motors made some concessions by allowing workers at joint-venture battery plants to be covered by union contracts.
- 10/06/2023
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UAW Holds Off Expanding Strike Against Ford, GM, and Stellantis, Citing Progress in Talks
- The United Auto Workers (UAW) said on Friday it would not expand its ongoing strike against the Big Three, General Motors (GM) Ford (F), and Stellantis (STLA), citing progress in negotiations.
- 10/06/2023
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UAW strike: GM agrees to battery plant contract concession
- Auto workers have scored what UAW President Shawn Fain called a "transformative win" in its ongoing negotiations with the big three auto makers - Ford (F), General Motors (GM) and Stellantis (STLA). GM agreed to place their electric battery manufacturing under the union's national master agreement, according to the UAW.
- 10/06/2023
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UAW Won't Expand Strikes, Wins Key Concession
- The United Auto Workers is giving Ford Motor Co., General Motors Co. and Stellantis NV a break from new walkouts this week as contract talks progress. The UAW says GM will include future battery workers in a new contract.
- 10/06/2023
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UAW won't add more plants to its strike after breakthrough in talks with GM over EV battery plants
- The United Auto Workers will not expand its strike against Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA), as it has each of the past two weeks, according to a live stream announcement from union president Shawn Fain Friday. The decision to hold back on additional strikes comes after a significant breakthrough in talks with GM on one of the union's top issues: job security as automakers move from traditional cars to electric vehicles.
- 10/06/2023
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UAW says GM will allow battery plant workers to be covered by labor deal
- The United Auto Workers (UAW) said on Friday General Motors will allow workers at joint-venture battery plants to be covered by a labor agreement, removing one of the major sticking points in negotiations.
- 10/06/2023
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UAW holds off on expanding strikes against Detroit's Big Three, cites progress with automakers
- United Auto Workers President Shawn Fain did not announce any new strikes against Ford, General Motors and Stellantis on Friday during a Facebook Live announcement.
- 10/06/2023
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‘Our strike is working': UAW announces progress in talks with car giants
- Shawn Fain says General Motors has made key concession on battery manufacture and does not announce additional strikes
- 10/06/2023
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UAW President Shawn Fain: Our goal has always been to win a record contract
- CNBC'S Dom Chu joins 'Power Lunch' to report on the takeaways from UAW president's Facebook Live.
- 10/06/2023
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UAW strike enters fourth week: Where things stand
- Tom Narayan, European autos and commercial truck analyst at RBC Capital Markets, and Ann Marie Uetz, partner and trial attorney with Foley, join 'Power Lunch' to discuss the latest with the UAW strike and where it's headed.
- 10/06/2023
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UAW says it scored a major concession from GM and will not expand its Big Three strike Friday
- United Auto Workers President Shawn Fain said Friday that Ford, General Motors and Stellantis will all avert an expansion of the UAW's work stoppages at this time, suggesting the unprecedented strikes against all three could be nearing an end.
- 10/06/2023
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UAW says GM has ‘leapfrogged' the pack after making major concessions
- GM has agreed to place EV battery plants under the master contract between the two. Chrysler owner Stellantis has agreed to cost-of-living adjustments, the UAW said.
- 10/06/2023
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U.A.W. Does Not Expand Strikes at Automakers
- The United Automobile Workers said on Friday it had secured an important concession from General Motors regarding the contracts of workers at battery factories.
- 10/06/2023
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UAW will not expand strikes at Detroit automakers after last-minute GM proposal
- The United Auto Workers will not expand strikes against the Detroit automakers this week amid progress in the talks, UAW President Shawn Fain said Friday.
- 10/06/2023
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General Motors (GM) at Risk of a Recall for Faulty Air Bags
- General Motors (GM) has nearly 20 million vehicles with dangerous airbag parts, which make it susceptible to a recall.
- 10/06/2023
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General Motors (GM) Braces for $6.5B US Fuel Economy Fine
- General Motors (GM) and Stellantis (STLA) might have to pay $6.5 billion and $3 billion, respectively, in US fuel economy fines, per Reuters.
- 10/06/2023
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3 Momentum Stocks to Sell Before the Magic Is Gone
- Momentum stocks tend to be securities that are rising quickly and have a track record of consistent gains. These also tend to be stocks of well-known companies that have brand recognition and get a lot of media attention.
- 10/06/2023
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GM Makes Sixth Counteroffer to UAW as Stock Sinks to 3-Year Low
- General Motors says its offer to the UAW 'is a compelling offer that would reward our team members and allow GM to succeed and thrive into the future.'
- 10/06/2023
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GM slumps to three-year low on airbag recall rumours
- Shares in General Motors Company (NYSE:GM) took the plunge on Thursday, as reports emerged that some 20 million of its vehicles could have been built with faulty airbags. According to the Wall Street Journal, GM is likely among the most exposed to an issue in airbags supplied to manufacturers by ARC Automotive of Tennessee.
- 10/06/2023
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United Auto Workers union boss set to announce next moves in strike against Ford, GM, Stellantis
- United Auto Workers President Shawn Fain to reveal Friday whether the union will expand its incremental strike against Ford, General Motors and Stellantis yet again.
- 10/06/2023
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GM's 6th Wage Offer to Union Said to Make Some Progress
- General Motors Co. has presented its sixth contract offer to the striking United Auto Workers union. The new package represents progress on key issues, according to people familiar with the matter.
- 10/05/2023
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GM Stock Falls After Report of Potential Airbag Recall
- The Wall Street Journal reported that NHTSA wants some 20 million GM vehicles recalled.
- 10/05/2023
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General Motors Stock Slides: 3-Year Low Amid $5 Billion Strike Slump
- Shares of Bank of America, Coca-Cola and NextEra Energy also slid to 52-week lows Thursday.
- 10/05/2023
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Three-Stock Lunch: General Motors, Coca-Cola and Dominion Energy
- BK Asset Management's Boris Schlossberg, joins 'Power Lunch' to discuss three stocks: General Motors, Coca-Cola and Dominion Energy.
- 10/05/2023
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Negotiations between the UAW and GM are showing signs of progress
- Three weeks into the United Auto Workers strike, signs of progress have emerged in talks between the union and General Motors.
- 10/05/2023
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GM's stock hits three-year low amid UAW strike, potential air bag recall
- The last time shares of GM dropped below $30 a share during intraday trading was on Oct. 1, 2020, according to FactSet.
- 10/05/2023
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GM stock sinks 4% after report of faulty air-bag parts leading to massive recall
- General Motors Co. shares added to losses Thursday following a news report saying that the carmaker may be facing a massive recall in connection with defective air-bag inflators.
- 10/05/2023
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GM makes counteroffer to UAW in strike talks
- General Motors said on Thursday it had made a counter offer to the United Auto Workers (UAW) in a bid to end a strike by the union against the U.S. automaker.
- 10/05/2023
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UAW Strike Against Detroit 3 Enters Day 21: Impact & Insights
- The UAW is expected to provide an update on the negotiations tomorrow, leaving us to wonder whether they will further expand the strike or make progress at the bargaining table.
- 10/05/2023
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7 Value Stocks Getting Ready to Vault Higher
- If you're searching for the best value stocks to buy now, look no further. Value stocks are back in the spotlight.
- 10/05/2023
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Ford, GM Sales Rise in 3Q Despite UAW Strike, Stellantis Down Slightly
- Third quarter U.S. sales figures from the Big Three automakers indicate that an ongoing strike by the United Auto Workers (UAW) has had little impact on the companies' sales so far.
- 10/04/2023
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GM gets $6B line of credit to guard against a prolonged United Auto Workers strike
- General Motors Company (NYSE:GM) has secured a $6 billion line of credit 20 days into the United Auto Workers union strike, according to a filing with the Securities and Exchange Commission. The automaker entered a 364-day revolving credit agreement with JPMorgan Chase to secure the line.
- 10/04/2023
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UAW strike cost GM $200 million in its first two weeks
- The United Auto Workers union strike has cost General Motors $200 million since the work stoppage began two weeks ago, the company said Wednesday.
- 10/04/2023
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GM secures new $6 billion credit line as UAW strike costs reach $200 million
- The new line of credit is "prudent" to bolstering GM's balance sheet amid expectations that the union may expand and prolong strikes against the company.
- 10/04/2023
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As UAW negotiations drag on, GM has added a $6B line of credit, says CFO Paul Jacobson
- Paul Jacobson, CFO of General Motors, joins 'Halftime Report' to discuss General Motors locking in a new six-billion dollar line of credit, the status of contract negotiations, and more.
- 10/04/2023
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Ford Edges GM on Electric-Vehicle Sales. But Neither Can Touch Tesla.
- Ford delivers 500,504 vehicles in the U.S., including 20,962 all-electric vehicles, in the third quarter.
- 10/04/2023
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From Detroit Three automakers to healthcare, US labor unions flex muscle
- A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industries.
- 10/04/2023
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GM estimates costs of UAW strike through Sept. 30 at $200 million
- General Motors on Wednesday estimated that the cost of the United Auto Workers strike was $200 million during the third quarter, a company spokesman said.
- 10/04/2023
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GM braces for costs of UAW strike with $6B credit line
- General Motors set up a $6 billion line of credit as it braces for the costs the ongoing United Auto Workers strike, a Securities and Exchange Commission filing showed. The Detroit-based Chevy-maker's 364-day revolving credit line will mature on Oct. 1, 2024, the SEC document filed early Wednesday showed.
- 10/04/2023
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GM lines up $6B in financing from JPMorgan Chase, Citi and other lenders
- General Motors Co. GM, -3.36% said Wednesday it agreed to a $6 billion, 364-day revolving credit agreement with 21 banks led by JPMorgan Chase & Co. JPM, -0.74% as administrative agent and Citigroup Inc.'s C, -1.58% Citibank N.A. unit as syndication agent.
- 10/04/2023
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Ford Makes New Offer to UAW, GM Lays Off Workers
- The auto maker says the proposal would give permanent employees a pay raise of more than 20%, and temporary workers a 26% increase.
- 10/04/2023
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Trending stocks: GM, Toyota, Molson Coors: October 3, 2023
- General Motors (GM) and Toyota (TM) posted double-digit sales gains in the third quarter. GM's third-quarter sales were up 21 percent year-over-year and Toyota's sales increased 12 percent year-over-year.
- 10/03/2023
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UAW strike ripple effects: Former Ford CEO weighs in
- Mark Fields, former Ford CEO, joins 'Power Lunch' to discuss the UAW strike ripple effects and which automakers can benefit from it.
- 10/03/2023
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General Motors sees 3Q sales surge as supply chain improves
- General Motors Co announced on Tuesday that its third-quarter 2023 sales rose 21.4% year over year as supply chain issues have shown significant improvement from the comparable period last year. Auto analysts expected a 15% to 16% increase in 3Q sales for the overall industry, CNBC reported.
- 10/03/2023
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Driverless GM Cruise car had to be lifted off trapped pedestrian in San Francisco: WSJ
- A driverless car belonging to General Motors Co.'s Cruise unit had to be lifted off a trapped woman in San Francisco Monday, after it had rolled on top of a pedestrian, according to the Wall Street Journal on Tuesday.
- 10/03/2023
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3 Companies That Could Use Some of Taylor Swift's Marketing Genius
- There's no doubt that Taylor Swift's and her team's marketing is genius. Experts expect Swift's upcoming cinema debut to be a massive moneymaker.
- 10/03/2023
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UAW strike impact on stocks and industry, plus why more plants could be built in Mexico and Canada
- The United Auto Workers (UAW) strike enters into its third week of picketing against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA). While union representatives are seeing progress in labor negotiations with Stellantis, the UAW has extended its picket lines to additional Ford and GM facilities.
- 10/03/2023
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GM sales jump 21% in the third quarter
- General Motors Co.'s vehicle sales rose 21% in the third quarter, showing resilience against rising interest rates and little impact yet from the ongoing United Auto Workers strike.
- 10/03/2023
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General Motors EV sales jump 28% in Q3
- CNBC's Phil LeBeau joins 'Halftime Report' to discuss GM posting its highest Q3 sales numbers since 2020, EV sales jumping 28% since last quarter, and the impact UAW's strike will have on GM's earnings next quarter.
- 10/03/2023
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GM, Ford lay off 500 more workers, blaming strike
- General Motors and Ford are laying off 500 additional workers between them, blaming the expansion of the strike announced by the United Auto Workers union at those companies on Friday.
- 10/03/2023
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Ford, GM Furlough 500 More Factory Workers Because of UAW Strike
- General Motors (GM) and Ford (F), two of the three car makers targeted by the United Auto Workers strike, furloughed another 500 workers on Monday.
- 10/03/2023
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GM third-quarter US sales surge 21% on resilient demand for SUVs, pickups
- General Motors Co's third-quarter U.S. auto sales jumped about 21%, the company said on Tuesday, fueled by improved supply and sustained demand for its SUVs and pickup trucks.
- 10/03/2023
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GM's third-quarter sales jump 21% as UAW strike slowly expands
- An ongoing strike by the UAW union against the Detroit automakers had little to no direct effect on General Motors' third-quarter U.S. new vehicle sales.
- 10/03/2023
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UAW strike: More Ford, GM workers furloughed
- About 500 Ford Motor Co. and General Motors Co. autoworkers have been laid off as a knock-off effect of the United Auto Workers strike, which entered its third week.
- 10/03/2023
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2023 Layoff Tracker: Ford And GM Lay Off 500 Employees Amid UAW Strike
- Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
- 10/03/2023
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The 10 Top Stocks to Watch in Q4 2023
- September was tough, as many top stocks suffered. The trend is nothing new, as September is historically one of the worst months for the stock market.
- 10/03/2023
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Ford, GM Lay Off 500 More Staff Amid UAW Strikes
- The United Auto Workers union said it had submitted an offer to GM, but the car maker didn't agree to it.
- 10/03/2023
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GM Stock: Time to Back Up the Truck?
- General Motors is trading at less than five times this year's expected earnings. Investors seem skeptical that it can grow profits from here.
- 10/03/2023
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Ford, GM, Stellantis face US$10 billion hit from Biden fuel proposals
- Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA) could collectively be hit with fines worth well over US$10 billion under proposals on fuel economy standards in the US. Revisions to Corporate Average Fuel Economy requirements, aimed at encouraging more efficient, or electric (EV), vehicles are produced, could see the manufacturers paying US$2,151 per vehicle.
- 10/03/2023
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GM lays off 160 autoworkers in Indiana and Ohio as UAW strike continues
- General Motors Company (NYSE:GM) said Monday that it is furloughing another 160 workers in connection with the United Auto Workers strike. 18 days into the strike, GM announced 130 cuts at its Parma, Ohio Metal Center and 34 at its Marion, Indiana Metal Center.
- 10/02/2023
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Q4 Stock Predictions: 7 Auto Stocks Ready to Roar Into 2024
- In recent times, the buzzing topic in the realm of auto stocks has been the strike initiated by the United Auto Workers Union. However, peering beyond this immediate hurdle, long-term investors should be more interested in the prospects of autonomous driving and the proliferation of electric vehicles (EVs).
- 10/02/2023
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GM Financial to Release Third Quarter 2023 Operating Results
- FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) will release its third quarter 2023 operating results on Tuesday, October 24, 2023. The press release and earnings presentation for fixed income investors will be posted to the Investor Relations section of the Company's website at www.gmfinancial.com. Questions on the materials should be directed to GM Financial's Investor Relations Department. The company's subsequent earnings announce.
- 10/02/2023
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How a Prolonged UAW Strike Could Impact the Economy
- If the United Auto Workers strike proves to be prolonged, the economic impact could be felt well beyond the motor-vehicle industry according to Bloomberg Economics. It found that each UAW striker could cost five other people their jobs.
- 10/02/2023
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GM lays off 164 more workers due to UAW strike
- General Motors furloughed another 160 workers on Monday as a result of the United Auto Workers union's strike against the automaker and rivals Ford and Stellantis.
- 10/02/2023
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GM, Stellantis face $9.5 billion in fuel economy fines -- letter
- The Biden administration proposal to hike fuel economy standards through 2032 would cost General Motors $6.5 billion in fuel economy fines and Chrysler parent Stellantis $3 billion, according to a letter seen by Reuters.
- 10/02/2023
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GM vs. FOXF: Which Stock Is the Better Value Option?
- Investors with an interest in Automotive - Domestic stocks have likely encountered both General Motors Company (GM) and Fox Factory Holding (FOXF). But which of these two companies is the best option for those looking for undervalued stocks?
- 10/02/2023
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UAW strike against Ford, GM, Stellantis cost US economy nearly $4B so far
- The United Auto Workers' strike against Detroit's Big Three automakers is in its third week, and has so far cost $3.95 billion in losses to the U.S. economy.
- 10/02/2023
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Ticking Time Bombs: 3 ESG Stocks to Dump Before the Damage Is Done
- The jury is still out on ESG stocks from the perspective of judging their returns. Some shares have outperformed while others have not.
- 10/02/2023
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From UPS to Detroit Three automakers, US labor unions flex muscle
- A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industries.
- 10/02/2023
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Ticking Time Bombs: 3 Auto Stocks to Dump Before the Damage Is Done
- The so-called “Big Three” auto companies have become auto stocks to sell. They have been impacted very negatively as a result of the ongoing United Auto Worker (UAW) strikes.
- 10/02/2023
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UAW Reaches Deal With Mack Trucks. What It Means for Ford and GM.
- The union says that nearly 4,000 of the truck maker's workers in Pennsylvania, Maryland and Florida struck a tentative deal just before the Sunday deadline.
- 10/02/2023
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2 AI Stocks With Bullish Catalysts & High Growth Prospects
- Investors can generate alpha by focusing on two under-the-radar AI stocks with high growth potential and big 2024 ctalysts.
- 10/01/2023
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UAW strike, jobs report and Tesla deliveries top Wall Street's week ahead
- Wall Street is keeping close tabs on the UAW strike against Ford, GM and Stellantis as it drags into its third week as well as three key reports on the job market.
- 10/01/2023
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Ticking Time Bombs: 3 Warren Buffett Stocks to Dump Before the Damage Is Done
- In every sport in the world there is always a great exemplary sportsman, someone that everyone admires and wants to follow in his footsteps, in our world of financial markets, that great exemplar and teacher for everyone is the great Warren Buffett, better known as the Oracle of Omaha. Following in his footsteps, studying his investment portfolio and continuously analyzing his movements, can help us make good investment choices, but it can also help us prevent substantial losses.
- 10/01/2023
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3 Warren Buffett Stocks That Could Rocket at Least 34% Higher, According to Wall Street
- GM is making big moves in EVs and AVs, but has yet to get credit for it. Amazon is making changes to ramp up its profitability.
- 10/01/2023
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Tapping Into Trends: 7 Consumer Discretionary Stocks Set to Skyrocket
- Recent comments by Bank of America (NYSE: BAC ) CEO Brian Moynihan have increased my confidence in my thesis that the U.S. is heading for “a soft landing.” Specifically, Moynihan said the U.S. Federal Reserve already achieved “a soft landing.
- 09/30/2023
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UAW strike extended; United Airlines reaches deal with pilots union; NYC flooded: September 29, 2023
- Autoworkers have expanded their ongoing strike against Ford (F) and General Motors (GM). The strike against Stellantis (STLA) was not expanded due to progress being made in negotiations.
- 09/29/2023
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UAW and the Big 3, 'still seem pretty far apart': Gregory Migliore, Autoblog Editor-In-Chief
- Autoworker's expanded their historic strike. against Ford (F) and General Motors (GM).
- 09/29/2023
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UAW drops unfair labor practice charges against GM, Stellantis
- The United Auto Workers dropped unfair labor practice charges against General Motors and Chrysler-parent Stellantis on Friday.
- 09/29/2023
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UAW Strike Is Effectively Messy Now, But End Game May Not Turn Out Well
- United Auto Workers president Shawn Fain is using unprecedented tactics and fiery rhetoric in the strike. But that may not save the union in the long run.
- 09/29/2023
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Prolonged UAW strike could prove to be a horror show for EVs: Wedbush's Dan Ives
- Auto workers expanded their ongoing strike against Detroit's Big Three automakers this morning, targeting Ford (F) and General Motors (GM). The United Auto Workers (UAW) union extended picket lines to two additional plants, with President Shawn Fain calling on nearly 7,000 more workers to join the walkout.
- 09/29/2023
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UAW strike expands with over 7K employees walking off
- CNBC's Phil LeBeau joins 'The Exchange' to discuss more automotive plants being shut down by the UAW strike, how many employees have walked out due to the strike, and more.
- 09/29/2023
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United Auto Workers ratchet up strikes against GM and Ford, leave Stellantis as is
- The United Auto Workers has expanded its strike against the big three automakers with workers at an additional General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F) plant each joining the cause, UAW President Shawn Fain announced Friday. Specifically, new strikes are targeting GM's Lansing Delta Township plant in Michigan which builds the Buick Enclave and Chevrolet Traverse crossovers, and Ford's Chicago Assembly plant in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs.
- 09/29/2023
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Detroit Three facilities where UAW is on strike
- The United Auto Workers will walk off the job at an additional plant each at General Motors and Ford Motor , but will spare Chrysler parent Stellantis after last-minute concessions, chief Shawn Fain said on Friday.
- 09/29/2023
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VIEW UAW set to expand strike at Ford, GM
- The United Auto Workers will walk off the job at an additional plant each at General Motors and Ford , but will spare Stellantis after last-minutes concessions by the Chrysler parent, union president Shawn Fain said on Friday.
- 09/29/2023
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UAW Expands Strike Against Ford, GM
- The United Auto Workers is expanding its strike against General Motors Co. and Ford Motor Co. to more assembly plants, but the union will spare Jeep SUV maker Stellantis NV from additional walkouts after a last minute breakthrough. UAW President Shawn Fain made the announcement Friday during a livestreamed briefing.
- 09/29/2023
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UAW Expands Strike Against GM and Ford, Sparing Stellantis After Last-Minute Progress
- The United Auto Workers (UAW) expanded its strike against General Motors (GM) and Ford (F), but not Stellantis (STLA), citing progress in negotiations right before Friday's deadline.
- 09/29/2023
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UAW expanding strike to Ford, GM plants in Chicago, Lansing — picket lines at 25K
- "Despite our willingness to bargain Ford and GM have refused to make meaningful progress," UAW President Shawn Fain said.
- 09/29/2023
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UAW announces new strike targets at Ford's Chicago plant and GM's Lansing final assembly plant
- CNBC's Phil LeBeau reports on news from the United Auto Workers' strike.
- 09/29/2023
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UAW to expand strike at Ford, General Motors
- The United Auto Workers (UAW) union will walk off the job at an additional plant at General Motors and at Ford, President Shawn Fain said on Friday, as the first-ever simultaneous strike against the Detroit Three automakers enters its third week.
- 09/29/2023
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Autoworkers Expand Strike At Ford And GM—But Not Stellantis
- UAW's strike against the big three is entering its third week.
- 09/29/2023
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UAW to expand strike at Ford and GM, Fain says
- The United Auto Workers union is expanding its strike to additional facilities of automakers Ford and GM, the UAW head said on Friday, adding that additional Stellantis members will not be called to go on strike.
- 09/29/2023
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U.A.W. Will Expand Strikes at Ford and G.M.
- The United Automobile Workers union said more of its members would walk off the job two weeks after it began strikes at the Big Three automakers.
- 09/29/2023
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UAW announces new strikes at GM and Ford plants, spares Stellantis citing 'momentum' in talks
- The additional strikes come one week after a similar strike expansion at GM and Stellantis.
- 09/29/2023
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Autoworkers strike could expand significantly again
- The United Auto Workers' strike against General Motors, Ford and Stellantis, which makes cars under the Chrysler, Dodge, Jeep and Ram brands, has entered its 15th day. Follow here for the latest.
- 09/29/2023
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Ticking Time Bombs: 3 Manufacturing Stocks to Dump Before the Damage Is Done
- The manufacturing sector is one of the pillars of the global economy, producing goods and services that are essential for various industries and consumers. However, the sector is facing multiple challenges in 2023, as the worsened economic outlook, rising geopolitical risks, and volatility in the energy and commodities markets will put pressure on manufacturers' performances.
- 09/29/2023
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Latest News: UAW, PGA, Disney, Nike, Apple
- United Auto Workers president Shawn Fain will announce the union's next move at 10 am ET on Friday.
- 09/29/2023
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Automakers grow frustrated over pace of UAW negotiations as new deadline looms
- Frustrations remain around key economic demands and what some see as a lack of urgency by the union to reach a deal, according to people familiar.
- 09/28/2023
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Canadian union Unifor sets Oct 9 deadline for GM negotiations
- Canadian union Unifor said on Thursday it has informed General Motors that Oct. 9 has been set as the deadline for negotiating a deal with the automaker.
- 09/28/2023
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UAW strike: How the Big 3 could have been more empathetic to workers
- Striking auto workers threaten to expand their picket lines to other facilities yet again if Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) fail to make any sort of progress in negotiations. Workplace Culture Strategist and Speaker Jennifer Moss explains how worker empathy and loss of trust in employers are fueling the United Auto Workers' (UAW) demands for certain concessions to be recognized.
- 09/28/2023
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Strikes on the rise: Here's why this is happening
- Bill Sokol, labor lawyer representing unions in their labor relations with employers and members, joins 'Power Lunch' to discuss the UAW strike, declining union membership, and more.
- 09/28/2023
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UAW Now Aims for 30% Pay Raise for Members
- The United Auto Workers union wants to emerge from its strike against Detroit's three major automakers with at least a 30% pay raise, according to people familiar with the matter. Bloomberg's Craig Trudell reports from Detroit.
- 09/28/2023
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What Would Happen To Michigan's Communities If Ford And GM Left?
- The closing of a factory or plant does not have to be the end of the story. Places can reinvent themselves, and in the process build an even stronger community.
- 09/28/2023
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GM reportedly slammed Ford over its plan to use Chinese battery technology in EVs
- General Motors and Ford appear to be feuding over the use of Chinese battery technology in electric cars. GM executives have reportedly warned that Ford's use of the tech could give China a boost.
- 09/28/2023
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UAW Threatens to Expand Strikes Again
- The United Auto Workers union plans to expand its strike against Detroit's legacy automakers on Friday if there isn't major progress in negotiations. Bloomberg's Su Keenan has the latest.
- 09/27/2023
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UAW to expand strikes Friday if no major progress has been made on labor costs and work week hours
- After President Biden joined striking auto workers on the picket line in Michigan, the United Auto Workers (UAW) union has confirmed its plans to expand its strike on Friday, September 29, if no progress has been made in labor negotiations. Investors are left wondering how long Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) can hold out.
- 09/27/2023
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UAW strikes to expand on Sept. 29 if no major progress
- The United Auto Workers (UAW) threaten to expand its strike against the Big Three automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — again on Friday, September 29, if no major progress is made in labor contract negotiations. On Tuesday, President Joe Biden joined striking auto workers on the picket line in Michigan.
- 09/27/2023
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GM, Ford, Stellantis could reportedly see more UAW strikes this week
- United Auto Workers strikes at more plants belonging to General Motors, Stellantis and Ford could reportedly come Friday, depending on the status of negotiations.
- 09/27/2023
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"The Great Reshuffle": 3 Winning Technologies
- Due to the labor market's "Great Reshuffle", the workforce has changed dramatically in just a few years. However, where there's change, there's opportunity.
- 09/27/2023
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UAW could expand strike again on Friday
- United Auto Workers President Shawn Fain is scheduled to address union members at 10 a.m. Eastern time on Friday and could announce new strike targets if there's no progress in the negotiations, the union said Wednesday.
- 09/27/2023
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Autoworkers union may expand its strike again
- The United Auto Workers union is preparing to announce a possible expansion of its strike against General Motors, Stellantis and maybe Ford this Friday if there isn't more progress in talks, a union source familiar with plans said Wednesday.
- 09/27/2023
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Teamsters union asks NHTSA to deny GM's bid to exempt Cruise from safety standards
- The Teamsters union said on Wednesday it has asked the National Highway Traffic Safety Administration to deny General Motors' request to exempt the company's autonomous vehicle unit Cruise Origin from the federal government's vehicle safety standards.
- 09/27/2023
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UAW again threatens to expand strikes at Detroit automakers if progress isn't made by Friday
- Auto workers initially went on strike on Sept. 15, shutting down one assembly plant each for GM, Ford and Stellantis.
- 09/27/2023
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UAW plans to strike additional auto targets absent serious progress Friday -- source
- The United Auto Workers (UAW) union plans to strike additional Detroit Three automotive facilities on Friday absent serious progress, a source told Reuters.
- 09/27/2023
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UAW leader condemns Trump ahead of Michigan visit during union strike
- UAW President Shawn Fain criticized Trump's track record with unions as well as his Wednesday visit being at a nonunion company called Drake Enterprises.
- 09/27/2023
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Stellantis: The UAW Strike Will Prove Its Resilience
- The UAW strike raises serious issues for the Detroit Big Three. Stellantis seems to have the best balance sheet to face the inevitable higher costs it will have to sustain once an agreement is reached. In this article, we stress-test Stellantis' bull case to see if it can withstand one of the first turmoiled times in its short history.
- 09/27/2023
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Biden supports UAW bargaining for a 40% raise — Elon Musk says it would bankrupt the automakers
- After President Biden joined the United Auto Workers picket line and expressed his support for a 40% wage increase, Elon Musk took to X to align himself with the automakers. UAW workers, which are striking General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F) and Stellantis NV (NYSE:STLA, EPA:STLA)simultaneously, “deserve a significant raise,” Biden told picketers.
- 09/27/2023
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 09/27/2023
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UAW strikes threaten already vulnerable auto parts suppliers
- In the face of prolonged strikes, some smaller suppliers are cutting workers or announcing plans to do so.
- 09/27/2023
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The Real Cost of the United Auto Workers Strike
- Bloomberg Intelligence senior autos analyst Kevin Tynan and Constellation CEO Diana Lee join Bloomberg Radio to lay out the sweeping effects of the United Auto Workers strike on the US auto manufacturing industry. Watch Bloomberg Radio LIVE on YouTube Weekdays 10am-6pm ET WATCH HERE: bit.ly/3P7nstQ --------
- 09/27/2023
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Elon Musk says UAW demands will ‘bankrupt' auto makers ‘in the fast lane'
- Elon Musk said demands by the United Auto Workers could quickly bankrupt the big auto makers as the strike by the UAW drew unprecedented support from President Joe Biden.
- 09/27/2023
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Elon Musk says the UAW's strike demands will drive America's big 3 automakers 'bankrupt'
- Elon Musk hit out at the United Auto Workers in a post on X on Tuesday. The Tesla CEO said the union's demands would "drive GM, Ford and Chrysler bankrupt".
- 09/27/2023
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Striking UAW members hit by car outside Michigan GM plant
- Five UAW members who were striking outside of a General Motors plant near Flint suffered minor injuries after being struck by a vehicle, reports say.
- 09/27/2023
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Tesla CEO Elon Musk Says UAW Demands Could Bankrupt Ford, GM
- President Biden supported the UAW's demands for a 40% pay increase as he joined the picket line in Michigan.
- 09/27/2023
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Jared Bernstein Talks UAW Strike, FTC's Amazon Lawsuit
- Jared Bernstein, chair of the White House Council of Economic Advisers, discusses the UAW strike against GM, Ford Motor Co., and Stellantis NV, President Biden's show of support for strikers and the FTC's antitrust lawsuit against Amazon. He speaks on “Bloomberg: Balance of Power.
- 09/26/2023
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President Biden visits UAW picket line as strike against top U.S. car companies persists
- President Biden stopped by Detroit, Michigan, to show support for the United Auto Workers' strike against the top U.S. car companies for higher wages. This comes as Michigan exists as an important swing state in the 2024 general election.
- 09/26/2023
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President Biden made an unpresidential mistake by joining the UAW strike, says Peebles Corp. CEO
- Don Peebles, chairman and CEO of the Peebles Corporation, joins 'The Exchange' to discuss upset over President Biden joining the UAW picket line, Trump's effort to win Michigan, and concerns about President Biden's bid for reelection.
- 09/26/2023
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UAW strike brings fight to consumers, worsening car-parts shortages already plaguing the industry
- The United Auto Workers strike has brought the threat of service and maintenance disruptions, just as wait times at the dealerships were already getting long.
- 09/26/2023
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The NFL is not spending enough time developing leadership: Former NFL GM Michael Lombardi
- Michael Lombardi, the author of 'Football Done Right: Setting the Record Straight on the Coaches, Players and History of the NFL' , joins 'Halftime Report' to discuss the state of NFL coaching, competition in the league, and the proliferation of gambling in the NFL.
- 09/26/2023
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Biden tells UAW picket line: ‘Stick with it, because you deserve a significant raise'
- President Joe Biden offered praise and encouragement Tuesday to striking members of the United Auto Workers union, as he took the unprecedented step of joining them at a picket line in Belleville, Mich.
- 09/26/2023
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The UAW Strike Is Not All Bad News for Consumers: Here's Why
- The United States is experiencing a significant surge in labor strikes, involving various unions and industries. The result of these strikes is a cumulative 4.1 million lost workdays last month, the highest in over two decades.
- 09/26/2023
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Blame 'Bidenomics' for UAW strike, former VP Pence says
- Autoworkers continue their strike against the Big 3 automakers: Ford (F), General Motors (GM), and Stellantis (STLA). Vice President Mike Pence attributes the prolonged strike to what he perceives as a disconnect in the current 'Bidenomics' economic framework, in which he argues wages have failed to keep pace with inflation.
- 09/26/2023
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As Biden Joins Picket Line, Does Historic UAW Strike Help Flight Attendants Organize At Delta?
- Ten days ago, UAW President Shawn Fain wore a pin that said "Delta AFA Supporter" at a Detroit rally. Also, UAW is using a strike strategy devised by AFA
- 09/26/2023
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UAW strike: President Biden expected to visit a picket line in Michigan
- CNBC's Phil LeBeau reports on the latest from the United Auto Workers' strike.
- 09/26/2023
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UAW Unrest: 3 Auto Stocks to Avoid as the Labor Strike Drags On
- The United Auto Workers (UAW) strike is expanding in a move that will surely hurt the U.S. economy and auto stocks as a whole. Investment bank Morgan Stanley (NYSE: MS ) recently estimated that a full month of lost automotive production would cost General Motors (NYSE: GM ), Ford Motor (NYSE: F ) and Stellantis (NYSE: STLA ) combined $7 billion to $8 billion in lost profits.
- 09/26/2023
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Why Ford Has Been More Willing to Work With the UAW Than GM or Stellantis.
- Ford is doing better with labor than either GM or Stellantis. How Come? And is that good news for the stock?
- 09/26/2023
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Time to Buy or Stay Clear of General Motors and Ford Stock as UAW Strike Continues?
- Investors may be wondering if they should still buy General Motors (GM) and Ford (F) stock for longer-term opportunities or stay clear at the moment.
- 09/25/2023
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President Biden to join UAW strikers; Costco to report earnings: Tuesday September 26, 2023
- President Biden and Former President Trump plan to visit United Auto Workers (UAW) picket lines this week to join the union's strike against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA). Costco (COST) is set to report earnings on Tuesday.
- 09/25/2023
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Canadian auto workers to target GM next, after union ratifies deal with Ford
- DETROIT — Canadian auto workers say General Motors will be their next target after members ratified a new three-year labor contract with Ford.
- 09/25/2023
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Ford says ‘significant gaps' remain in UAW strike negotiations
- Ford says that despite progress there are "significant gaps" between the company and the UAW on key economic issues amid the union's strike against Detroit's Big Three.
- 09/25/2023
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UAW's Shawn Fain done 'masterful' job in Big 3 strike: Autoblog editor
- Auto workers carry over their strike against the Big Three automakers Ford (F), General Motors (GM), Stellantis (STLA) into its second week. Autoblog Editor-in-Chief Greg Migliore joins Yahoo Finance Live to discuss how the United Auto Workers' (UAW) leadership — Union President Shawn Fain — plans to expand picket lines to more facilities after little to no progress made in negotiations, as well as how presidential candidates are weighing in on the UAW strike.
- 09/25/2023
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UAW Strike:'We need automakers to step up': Center for American Progress
- Auto workers are expanding their strike against the Big Three automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — to 38 of GM's and Stellantis' parts and distribution centers. Center for American Progress Senior Director of Employment Karla Walter joins Yahoo Finance Live to discuss what the United Auto Workers (UAW) strike means for the auto industry.
- 09/25/2023
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Canadian union Unifor names GM its second bargaining 'target' among Detroit Three
- Canadian union Unifor on Monday announced General Motors as its second bargaining "target" in contract talks with the Detroit Three, a day after ratifying a new three-year contract with Ford Motor.
- 09/25/2023
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UAW Strike Escalates: Who Stands to Gain and Lose?
- UAW strike intensifies, affecting the U.S. auto industry, legacy automakers, suppliers, and the steel industry. Tesla and other non-unionized manufacturers may gain, but consumers may feel the pinch if the strike drags on.
- 09/25/2023
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UAW strike: There are no winners and losers in labor negotiations, professor says
- Thomas Kochan, post-tenure George Maverick Bunker professor at the MIT Sloan School of Management, discusses the United Auto Workers strike and says "we need to find a settlement that works for both parties, and works for the consumers, and works for the national economy."
- 09/25/2023
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Auto Strikes Have GM, Stellantis Facing More UAW Walkouts
- General Motors Co. and Stellantis NV are facing walkouts at 38 more facilities after talks last week with the United Auto Workers failed to make headway. Su Keenan reports on Bloomberg Television.
- 09/24/2023
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Betting Big: 3 Unloved Stocks Primed for a Breakout.
- In the ever-dynamic stock market, where trending equities often grab headlines, there's a compelling case for turning to unloved stocks to buy now. As the allure of top performers captures most investors, the market's subtle changes hint that these overlooked equities might soon have their day.
- 09/24/2023
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UAW strike against the Big 3 Recap: Labor actions intensify as both sides fail to reach an agreement
- Yahoo Finance breaks down the latest developments for the 1st week of labor actions as the United Auto Workers strike heats up against the Big 3 automakers Ford, Stellantis, and General Motors.
- 09/24/2023
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Fed's Wall of Worry: Government shutdown, UAW strike, student loan repayments and $90 oil
- While the Federal Reserve has been busy battling inflation, a new crop of headwinds have emerged that could spell trouble for the U.S. economy
- 09/24/2023
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GM, Stellantis dealers and customers face dwindling parts as UAW strike expands
- U.S. auto workers expanded their strike on Friday with a clear target for distress: dealers who sell and service GM and Stellantis vehicles.
- 09/23/2023
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Auto Workers Strike: Biden Will Visit UAW Picket Line
- Biden is seeking the union's endorsement in his upcoming reelection campaign and has often called himself “the most pro-union president in American history.”
- 09/22/2023
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UAW strike: Autoworkers tired of living paycheck to paycheck, reporter says
- The United Auto Workers strike against Ford (F), General Motors (GM), and Stellantis (STLA) continues. The UAW announced that there has been negotiation progress with Ford, but not with GM or Stellantis.
- 09/22/2023
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The Buffett List: 5 Dividend Buys For September
- This Buffett holdings-list from Kiplinger first appeared 8/21/23 on line. Kiplinger, YCharts and Dogs of The Dow all track this Buffett/Berkshire batch. Here is your update from 9/20/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 9/20/23 the top-ten ranged 2.87%-4.87% by annual-yield and 45 of 48 ranged -1.55% to 60.2% per broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's September dividend dogs ranged 21.35%-55.8% from UPS, KO, ALLY, BAC, KHC, LPX, DHI, C, PARA, and top pick GM per YCharts data.
- 09/22/2023
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UAW strike has already cost the US economy $1.6B
- The United Auto Workers is on strike against Ford, General Motors and Stellantis, and the work stoppage has already cost the U.S. economy $1.6 billion.
- 09/22/2023
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UAW strike and how railroads could be impacted
- The autoworkers are continuing their strikes against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA). Most economists expect for there to be some ripple effects across the U.S. economy.
- 09/22/2023
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UAW strike can last into November: Barclays' Dan Levy
- Dan Levy, senior autos analyst at Barclays, joins 'The Exchange' to discuss why he believes the ongoing UAW strike could go longer, how the strike would impact the auto stocks, and more.
- 09/22/2023
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UAW strike expands with 38 more plants to join in 20 states
- The UAW followed through on plans to expand its strike, with 38 more plants from Stellantis (STLA) and General Motors (GM) to join. While they have made progress with Ford (F), securing the right to strike at closed plants, enhanced profit sharing, and conversion of temp workers, among other things, they still "need some pushing", according to the President of the United Auto Workers.
- 09/22/2023
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UAW 'went for the arteries, the hearts, and lungs' with expanded strike: Analyst
- Wedbush Senior Equity Analyst Dan Ives spoke with Yahoo Finance's Auto Reporter Pras Subramanian about the UAW strike. "This is going to be a nasty heavyweight battle that now just continues to play out.
- 09/22/2023
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UAW President Fain's 'unique' approach could extend strike: Barron's writer
- General Motors (GM) says the “ripple effect” of the UAW strike is responsible for their 2,000-employee layoff in Kansas and idle plants. Al Root, Barron's senior writer tells Yahoo Finance's Seana Smith and Brad Smith that he estimates about 30 days for the strike and believes that UAW President Shawn Fain's approach to striking at GM (GM), Ford (F), and Stellantis (STLA) is “unique”.
- 09/22/2023
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UAW strikes 28 additional GM and Stellantis plants — but spares Ford as sides progress towards a deal
- The United Auto Workers is expanding its strike of the Detroit automakers to 38 parts and distribution plants in 20 states operated by General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA), union president Shawn Fain said Friday morning. The union is not launching additional strikes at Ford Motor Company (NYSE:F) facilities because the company has shown it's “serious about reaching a deal,” Fain said on Facebook Live.
- 09/22/2023
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UAW President Shawn Fain: GM, Stellantis made the decision for us to strike
- CNBC's Phil LeBeau spoke to UAW President Shawn Fain on the ground in Michigan to discuss the ongoing auto strike.
- 09/22/2023
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UAW Expands Strikes at GM and Stellantis, but Not Ford as Negotiations Progress
- The United Auto Workers (UAW) expanded the scope of its strike at General Motors (GM) and Chrysler parent Stellantis (STLA), but not at Ford (F), citing progress in negotiations.
- 09/22/2023
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Biden visit to UAW strike would be historic move by US president
- If Joe Biden accepts the United Auto Workers' invitation to visit their picket line, the U.S. President would be showing support to union workers in a labor dispute in a way that has not happened in the United States in more than a century, a presidential historian said.
- 09/22/2023
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Navigating the IPO Minefield: 3 Hidden Gems
- IPOs are the lifeblood of the stock market but can also present risk. Strategist Andrew Rocco walks you through pitfalls to watch, and 3 IPOs set to outperform over the next 6-12 months.
- 09/22/2023
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From UPS to Detroit Three automakers, US labor unions flex muscle
- A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industries.
- 09/22/2023
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U.A.W. Widens Strikes at G.M. and Stellantis, but Cites Progress in Ford Talks
- The union designated 38 spare parts distribution centers as additional strike targets at General Motors and Stellantis.
- 09/22/2023
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UAW strike spreads to more GM, Stellantis facilities, Ford spared amid progress in talks
- The United Auto Workers union announced Friday it would broaden its strike by targeting 38 facilities belonging to GM and Stellantis, while Ford was spared amid progress in negotiations.
- 09/22/2023
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VIEW UAW expands strikes against GM, Stellantis
- The United Auto Workers (UAW) union said on Friday it would expand its coordinated strike against General Motors Co and Stellantis but added that it had made real progress in talks with Ford Motor.
- 09/22/2023
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UAW widens strike to all GM, Stellantis plants, Ford agrees to new contracts
- UAW's president said ahead of the union's 12 p.m. EST deadline: "Ford is showing that they're serious about reaching a deal, at GM and Stellanis, it's a different story.
- 09/22/2023
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UAW strike set to hit deep into the industry's supply base
- Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside Detroit due to the United Auto Workers strike. But he is bracing for it to get worse.
- 09/22/2023
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UAW Expands Strikes Against GM, Stellantis Plants
- The United Auto Workers union is expanding the strike against General Motors and Stellantis NV. UAW President Shawn Fain is targeting 38 more facilities.
- 09/22/2023
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Explainer: UAW expands strikes against GM, Stellantis in fight over new contract
- The United Auto Workers (UAW) union on Friday expanded its coordinated U.S. strike against General Motors Co and Stellantis , but said it had made real progress in talks with Ford Motor.
- 09/22/2023
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UAW is expanding strike against GM and Stellantis – but not Ford
- United Auto Workers has decided to expand its strike against two of the three legacy automakers – General Motors Company and Stellantis NV. The union is not directing the same aggression against Ford Motor Co because it has show immense interest in “reaching a deal”, as per Shawn Fain – the President of UAW.
- 09/22/2023
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UAW to expand strike to 38 GM, Stellantis auto-parts distribution centers in 20 states
- United Auto Workers President Shawn Fain said Friday that the union is expanding the strike to 38 General Motors Co. and Stellantis NV's auto-parts distribution centers in 20 states, hobbling the two carmakers' repair network.
- 09/22/2023
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Autoworkers Strike Expands Against GM And Stellantis—But Not Ford
- Workers at the big three have been on strike for a week.
- 09/22/2023
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UAW targets 38 facilities at GM and Stellantis for expanded strikes; skips Ford
- The union will not initiate additional strikes at Ford Motor, as the company has proven it's "serious about reaching a deal," Fain said during a Facebook Live.
- 09/22/2023
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Autoworkers strike enters its eighth day
- The United Auto Workers' strike against General Motors, Ford and Stellantis, which makes cars under the Chrysler, Dodge, Jeep and Ram brands, has entered its eighth day. Follow here for the latest.
- 09/22/2023
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UAW says it is prepared to strike for 'months' in leaked messages
- The United Auto Workers Union is prepared to strike automakers for "months," according to leaked messages obtained by CNN.
- 09/22/2023
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UAW announces significant expansion of strike at GM, Stellantis but reports progress in talks at Ford
- The United Auto Workers union is expanding its strike against GM and Stellantis but raised hopes that progress is being made in talks by saying it would not have additional workers at Ford join the strike at this time.
- 09/22/2023
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Automakers question UAW's strike motives after leaked 'chaos' messages
- UAW communications director Jonah Furman discussed targeted strikes as causing "recurring reputations damage and operational chaos" to the automakers.
- 09/22/2023
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Will The UAW Strike Impact EV Component Stocks?
- Our theme of EV Supplier stocks has been a mixed performer this year, rising by about 4% year-to-date, compared to the S&P 500 which has gained over 17% over the same
- 09/22/2023
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UAW President Shawn Fain has 'thrown out the playbook' in strike talks: WSJ's Tim Higgins
- Tim Higgins, Wall Street Journal reporter, joins 'Squawk Box' to discuss the latest in UAW strike, what to expect for the new round of strike at noon today, and more.
- 09/22/2023
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UAW strike against Detroit Big Three automakers could expand
- The United Auto Workers union's limited strike against Ford, General Motors and Stellantis could broaden to more Big Three factories Friday. Here is what we know.
- 09/22/2023
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GM And Stellantis Layoffs Number Thousands As Strike Tensions Escalate
- The three car makers' stocks are struggling to stay buoyant.
- 09/22/2023
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Auto Worker Stikes Have Sparked A Preference For Part Makers
- As the United States economy begins to pivot into what could be considered a 'hard landing,' the wealth gaps and distribution begin to upset specific members of the economy.
- 09/22/2023
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Detroit Automakers Hold Late Night Negotiations With UAW To Avoid Wider Strike
- The UAW has warned more of its 146,000 members could join the strike if progress on a fair deal isn't made by noon on Friday.
- 09/22/2023
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The UAW Could Expand Its Strike Today. Location Is Key.
- If the union idles high-profit assembly plants or high-volume powertrain plants, it means the labor confrontation is entering a tougher stage.
- 09/22/2023
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Detroit Three automakers enter final hours to avoid wider UAW strike
- The Detroit Three automakers and the union representing the companies' U.S. hourly workers on Friday entered the final hours to reach new labor agreements before the current coordinated strike expands to include more plants.
- 09/22/2023
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Little news from UAW and automakers 'might be a good sign', says Fmr. Ford CEO Mark Fields
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 09/21/2023
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UAW - Big 3 strike continues, as deadline looms with no end in sight
- Auto workers continue to strike against the Big Three — Ford (F), Stellantis (STLA), and General Motors (GM) — as ongoing negotiations fail to make "substantial progress." In the event an agreement is not reached by the noon deadline of Friday, September 22, strikes are expected to expand to additional manufacturing facilities.
- 09/21/2023
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7 Warren Buffett Stocks That Should Be On Every Investor's Radar This Fall
- Warren Buffett is an investing legend. The stock portfolio of his holding company Berkshire Hathaway (NYSE: BRK-A /NYSE: BRK-B ) is closely followed by investors all over the world.
- 09/21/2023
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UAW is threatening to expand strike if no progress is made
- Auto workers threaten to expand their strike to target key production plants if no major progress is made in contract negotiations. The Intercept's Investigative Reporter Daniel Boguslaw calls the United Auto Workers' (UAW) tactics against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) an "unprecedented labor action" in his recent report.
- 09/21/2023
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Tesla stock weighed down by unionization concerns amid UAW strike
- Tesla Inc (NASDAQ:TSLA) shares are down about 6% this week despite the electric vehicle (EV) maker being seen as a “clear winner” in the United Auto Workers (UAW) union strikes against the Detroit Three carmakers Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA). Analysts at Wedbush earlier this week wrote that both Ford and GM were fighting an uphill battle to attempt to gain traction in the EV market while trying to satisfy union demands when facing non-unionized Tesla.
- 09/21/2023
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UAW, Big 3 make no progress in negotiations, strike enters 6th day
- Auto workers are on the sixth day of their strike against the Big Three automakers: Ford (F), General Motors (GM), and Stellantis (STLA). As of now, there has been no notable progress in negotiations spearheaded by the United Auto Workers (UAW) union, with plans to extend the strike to additional plants if a labor contract agreement is not reached by tomorrow — Friday, September 22.
- 09/21/2023
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Where key issues stand as UAW closes in on extended strikes against GM, Ford and Stellantis
- The UAW and General Motors, Ford Motor and Stellantis are all holding their ground on demands, and it appears likely the union will strike additional plants.
- 09/21/2023
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Why the UAW Strike Could Boost Auto Stocks
- The Big 3 is in a labor bind…and some investors are starting to bet against General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler owner Stellantis (NYSE:STLA) as the United Auto Workers strike drags on.
- 09/21/2023
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UAW Could Expand Strikes on Friday
- The United Auto Workers union is stepping up pressure on Detroit's Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday. Meanwhile, the union has rejected the latest offer from Stellantis NV. Bloomberg's Craig Trudell reports.
- 09/21/2023
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Layoffs, work stoppages mount in UAW strike against Big Three
- The United Auto Workers union's strike against Ford, General Motors and Stellantis has caused work stoppages and layoffs at some of the automakers' facilities and their suppliers.
- 09/21/2023
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GM, Ford Stocks Fall as Strike Threatens to Drag On
- The union has set a Friday deadline for talks, after which it could expand the strikes.
- 09/21/2023
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UAW strike isn't about making a political statement, it's about cost of living: pollster Frank Luntz
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 09/20/2023
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Stellantis Makes New Offer to UAW; GM Says Union's Demand Is Too High
- The United Auto Workers says Stellantis NV made a new contract offer, while officials of General Motors Co. say the union's demand remains too high. Su Keenan reports on Bloomberg Television.
- 09/20/2023
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GM, Stellantis lay off workers in response to UAW strike
- General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA) have laid off workers less than a week into the United Auto Worker's strike on the big three automakers. GM announced Wednesday that it has halted production at an assembly plant in Fairfax, Kansas, blaming a “shortage of critical stampings” it says would have been supplied by its plant in Wentzville, Missouri, where workers went on strike last week.
- 09/20/2023
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Fed Chair Powell: UAW strike's impact is still unknown
- Fed Chair Jerome Powell answers questions from reporters after announcing the Fed would keep interest rates unchanged in September.
- 09/20/2023
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September's 7 Most Controversial Stocks: Buy or Bail?
- The September slump is in full effect as the S&P 500 fell about 2% since the end of August. Still, investors are finding plenty to be excited about in today's markets.
- 09/20/2023
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GM idles Kansas plant and issues layoffs following UAW strike
- CNBC's Phil LeBeau joins 'The Exchange' to discuss layoffs from Stellantis and General Motors following the UAW strike, Ford's resolutions with auto workers in Canada, and the ongoing struggle to reach a contract resolution.
- 09/20/2023
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U.A.W. Strikes at GM, Ford and Stellantis. Here's What to Know.
- The strike began on Sept. 15 at three plants, but could expand if contract talks remain bogged down.
- 09/20/2023
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GM and Stellantis just laid off over 2,000 additional workers because of the UAW's strike
- The UAW's strike is already affecting other GM and Stellantis factories, where nearly 2,400 workers were laid off on Wednesday.
- 09/20/2023
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UAW strike: 5 things to know
- The United Auto Workers strike has entered its fourth weekday, with the union breaking with tradition and striking simultaneously at one plant each of Ford Motor Co., General Motors Co. and Stellantis NV.
- 09/20/2023
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UAW strike and the history of union work stoppages in the U.S.
- utoworkers on currently carrying out a targeted strike against the Big Three automakers, Ford (F) , General Motors (GM), and Stellantis (STLA), while both Hollywood writers and actors are striking against the big movie and streaming studios. It may seem that there may be a new rise labor activity, but Yahoo Finance's Rick Newman is "not too sure about that.
- 09/20/2023
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GM executive slams UAW over 'flow of information,' rhetoric during strike
- President Mark Reuss focused on the union's public bashing of GM and elements of the company's "record" contract proposal that included 20% pay raises.
- 09/20/2023
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UAW Strike Against Detroit Helps Toyota Motor Stock
- The United Auto Workers union strike against GM, Ford, and Stellantis shows no signs of early resolution. Toyota stands to benefit from the strike, as it may hurt the standing of rival automakers and lead to lost sales and profit. Consumers are divided, with some supporting the strike and others opposing it due to the macroeconomic damage it could cause.
- 09/20/2023
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Tesla “clear winner” in UAW auto strike: Wedbush analysts
- The clear winner in the “heavyweight boxing match” between the United Auto Workers (UAW) and the Detroit Three — GM, Ford and Stellantis — is Elon Musk's Tesla Inc (NASDAQ:TSLA), according to analysts at Wedbush. As the targeted strike by UAW ends its first week, with the threat of more workers joining if no progress is seen by Friday, the analysts said Tesla sits in a non-union position, with its biggest potential EV 313 competitors now facing mounting costs and complexities in the years ahead depending on how the strike ultimately plays out.
- 09/20/2023
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Ford Strikes Deal With Canadian Auto Workers Union, Averting Strike in Canada
- Ford (F) and Canadian labor union Unifor reached a tentative deal just hours before a deadline that helped avert strike action in Canada, while striking workers in the U.S. warned of further action if an agreement is not reached by Friday.
- 09/20/2023
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The 7 Most Undervalued Long-Term Stocks to Buy in September 2023
- U.S. economic data released in September was quite positive for the markets. Excluding higher fuel costs, retail sales, for example, increased 0.2%.
- 09/20/2023
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General Motors' (GM) Ontario Plant Halts BrightDrop Production
- General Motors' (GM) Ontario plant suspends the production of BrightDrop commercial vans from October until spring due to a delay in the delivery of battery-module.
- 09/20/2023
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The 7 Most Undervalued EV Stocks to Buy in September 2023
- One of my favorite industries to write about is the electric vehicle industry. Not only because it promises a cleaner and greener future for our coming generations but also because it is all about the latest technology and innovation.
- 09/20/2023
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Tesla could be a winner in the UAW strike against Detroit's Big Three
- The ongoing United Auto Workers strike against Detroit's Big Three automakers could help non-union Tesla improve its cost advantage over its rivals in the EV space.
- 09/20/2023
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Ford, GM Stocks Rebound Toward Pre-Strike Levels. Tesla Is the 'Clear Winner.
- The UAW has threatened to expand its strike to more plants if Ford, GM, and Stellantis fail to make “serious progress” by the end of the week.
- 09/20/2023
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White House Officials Won't Head To Detroit Amid UAW Strike, After All—But Trump Plans Trip There
- White House officials' trip to the mecca of U.S. auto manufacturing isn't happening anymore, but Trump will be there soon.
- 09/19/2023
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Biden admin pulls back on sending reps to Detroit to aide UAW negotiations; more plants expected to strike Friday if progress isn't made
- The Biden administration has nixed plans to send government officials to Detroit this week in an effort to help facilitate a deal between the United Autoworkers Union and the big three automakers. The administration previously said it would send acting Labor Secretary Julie Su and White House senior advisor Gene Sperling.
- 09/19/2023
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U.A.W. Threatens Strikes at More Plants
- The United Auto Workers union said workers would walk out of more plants on Friday if it didn't make progress in talks with General Motors, Ford and Stellantis.
- 09/19/2023
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UAW to expand strike if no progress is made by Friday
- Cornell University School of Industrial and Labor Relations Senior Economic Advisor Erica Groshen joins Yahoo Finance Live anchors Jared Blikre and Diane King Hall to discuss the latest developments in UAW strike against the Big Three automakers, key issues including technological advancements, plus what it could mean for the labor market in the United States.
- 09/19/2023
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Ford Risks Losing $10 Million A Day If Canadian Auto Workers Strike, Expert Says
- Ford faces possible plant closures from both sides of the border as Canadian auto workers brace for strike.
- 09/19/2023
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UAW strike and Tesla: How Elon Musk could win
- George Gianarikas, analyst at Canaccord Genuity, joins 'Power Lunch' to discuss the UAW strike and how it could be a tailwind for EVs.
- 09/19/2023
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Car prices could surge 10% or more as UAW strike enters second week
- Car prices could surge 10% and more, according to experts -- even as the bitter standoff threatens GM and Ford with punishing losses as high as $125 million a week.
- 09/19/2023
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White House no longer sending top officials to Detroit for UAW strike talks this week
- President Joe Biden largely sided with the striking autoworkers in an address Friday, but has received a relatively cold reception from the from the UAW.
- 09/19/2023
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How UAW strike will benefit online auto advertisers like CarGurus and Cars.com
- Tom White, senior research analyst at D.A. Davidson, joins 'The Exchange' to discuss how online auto advertisers like cars.com and CarGurus will benefit from the ongoing auto strike, what this strike means for auto dealers and more.
- 09/19/2023
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UAW strike threatens to drive up car prices
- The United Auto Workers ongoing strike against Ford, General Motors and Stellantis may drive a spike in the cost of new and used vehicles for consumers.
- 09/19/2023
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Where things stand on Day 5 of auto strike: A new deadline, another strike delayed
- The United Auto Workers union's already unprecedented strike against General Motors, Ford and Stellantis could soon get even bigger.
- 09/19/2023
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3 Ways Tesla Benefits From The UAW Strike
- Last week, the UAW called a limited strike at all three major automakers for the first time in its history that is likely to escalate quickly. Investors face uncertainty as this is uncharted territory for the industry as it disrupts the pattern negotiations the UAW has always used in the past. The strike is likely to last for some time given how far apart the Big Three and UAW are in their negotiating positions.
- 09/19/2023
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UAW strike is costing Big Three about $125 million each in lost revenue, Goldman Sachs says
- The United Auto Workers strike at Ford Motor Co., General Motors Co. and Stellantis NV plants is costing each of the Big Three automakers around $100 million to $125 million a week in delayed revenue, analysts at Goldman Sachs said in a note Tuesday.
- 09/19/2023
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UAW President Shawn Fain: Serious progress needed to avoid more strike locations
- CNBC's Phil LeBeau reports on the latest news from the United Auto Workers' strike.
- 09/19/2023
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7 Artificial Intelligence Stocks Owned by Warren Buffett's $803 Billion Investment Company
- Berkshire Hathaway owns stakes in more than 50 public companies Many of the stocks in Berkshire's portfolio use artificial intelligence as part of their operations. Warren Buffett would never buy a stock solely because of AI, but he's set to benefit significantly from the technology.
- 09/19/2023
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GM dismissed Tesla in 2009 as a 'bunch of engineers playing with laptop batteries,' Nikola's CEO says
- General Motors viewed Tesla in 2009 as a "bunch of engineers playing with laptop batteries." Nikola CEO Steve Girsky, who served on GM's board, recalled being told that in a recent Q&A.
- 09/19/2023
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EV charging needs big improvements soon if the auto industry's transition is going to work
- There's a groundswell forming to expand and improve the U.S. charging landscape for EVs, but experts agree there's a long road ahead.
- 09/19/2023
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General Motors (GM), Ford (F), Stellantis (STLA) Dip on UAW Strike
- General Motors (GM), Ford (F) and Stellantis (STLA) stocks slide as the impasse with UAW workers lingers on.
- 09/19/2023
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UAW Strike's Long-term Impact Could Even Impact Italian Luxury Cars
- Davide Grasso, CEO at Maserati, joined Bloomberg Markets with Paul Sweeney and Matt Miller to discuss car luxury brand's latest direction. This interview aired 09/18/2023
- 09/19/2023
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UAW vows to strike at more US auto plants if progress not made by Friday
- The United Auto Workers union said it would begin striking at more plants if no serious progress is made by noon on Friday in negotiations with the Big Three U.S. automakers.
- 09/19/2023
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Ford and GM Stocks Down. UAW Just Threatened This.
- UAW President Shawn Fain said the union will call on more members to join the strike unless there's a breakthrough in negotiations by Friday.
- 09/19/2023
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US auto workers eye expanded strike as talks continue
- Uncertainty will be the most powerful weapon wielded by US auto workers, industry watchers said as the first ever simultaneous strike by Detroit's "Big Three" looks set for the long haul.
- 09/19/2023
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Strike Is a High-Stakes Gamble for Autoworkers and the Labor Movement
- Experts on unions and the industry said the U.A.W. strike could accelerate a wave of worker actions, or stifle labor's recent momentum
- 09/19/2023
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UAW will strike additional U.S. auto plants if 'serious progress' isn't made by noon Friday
- The timing of the additional plants would come just over a week after the union announced targeted strikes at assembly plants of about 12,700 autoworkers.
- 09/18/2023
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UAW sets deadline for further possible strikes
- United Auto Workers President Shawn Fain said Monday that if the union has not made substantial progress toward reaching an agreement with the Big Three automakers by Friday at noon Eastern time, it is prepared to call for additional strikes. About 13,000 auto workers from three UAW plants in three different states are currently on strike at Ford Motor F, -2.14%, General Motors GM, -1.80% and Stellantis STLA, -1.61%, and the union has said it is prepared to call on more workers to walk off their jobs if necessary.
- 09/18/2023
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3 Stocks Making Headlines: Opportunity or Obstacle?
- News events, whether conveyed via social media or mainstream outlets, continually sway the stock market. Both positive and negative reports play a role in this influence.
- 09/18/2023
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UAW strike enters 4th day: Negotiations continue, union leadership threatens more actions
- Auto workers continue to pressure Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) after the United Auto Workers union (UAW) went on strike last Friday after failed labor contract negotiations. Kevin Roberts, CarGurus Director of Industry Insights & Analytics, joins Yahoo Finance Live to discuss the ripple effects stemming from the UAW's picket line.
- 09/18/2023
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U.S. Steel outlook on UAW strike tops Wall Street view
- U.S. Steel Corp. X, -0.49% shares rose in the extended session Monday after the steel maker provided a forecast that both accounted for the auto workers strike, and topped Wall Street estimates. U.S. Steel shares rose 1% after hours, following a 0.5% decline to close the regular session at $30.53.
- 09/18/2023
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Unifor autoworkers poised to strike at Ford Motor as deadline looms
- Unifor, the union representing Canada's autoworkers, is continuing to bargain with Ford Motor Co ahead of the strike deadline of 11:59 PM EDT on Monday night. The union stated they made some progress at the bargaining table over the weekend but remain far apart on many issues, noting it has rejected the first two offers from Ford.
- 09/18/2023
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UAW auto strike looms large for inflation and economy
- The strike by auto workers won't hurt the U.S. in the short run, but a months-long dispute could sting the economy and potentially stall the Federal Reserve's fight to tame inflation.
- 09/18/2023
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UAW and Automakers Continue Negotiations
- Mary Kay Henry, Service Employees International Union INTL President discusses the ongoing talks between the UAW and the "Big 3" automakers. She speaks with David Westin and Romaine Bostick on "Wall Street Week Daily.
- 09/18/2023
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UAW president says union prepared to 'amp up pressure' on automakers
- The United Auto Workers strike has entered its fourth day. UAW President Shawn Fain shared some thoughts.
- 09/18/2023
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UAW Says a 21% Pay Raise Isn't Good Enough
- United Auto Workers President Shawn Fain says a 21% pay raise from Stellantis NV isn't good enough. Fain called it a "no-go," proving that the union and the Big Three US automakers are far apart from ending the four day walkout.
- 09/18/2023
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Private auto suppliers see secondary consequences of UAW strike, says RapidRatings CEO Gellert
- RapidRatings CEO James Gellert joins 'The Exchange' to discuss risks the UAW strike poses to the auto supply chain, the shift in auto production spawned by EV, and the impact the rising cost of cars has on gross auto sales.
- 09/18/2023
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How the UAW strike could impact the U.S. economy
- Big Three UAW autoworkers from Ford (F), General Motors (GM), and Stellantis (STLA) enter day four of striking. Morningstar U.S. Autos Equity Analyst David Whiston spoke down with Yahoo Finance anchor Rachelle Akuffo to detail the United Auto Workers union's (UAW) list of demands against the Big Three automakers, and what a prolonged strike could mean for other industries and even smaller businesses.
- 09/18/2023
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UAW strike gains support amid concerns of job security and automation
- Auto workers continue to strike against the Big Three Automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — demanding wage increases, pension plans, and other benefits packages. Simultaneously, other labor movements have joined in support of the strike, as well as President Biden who released a statement addressing worker grievances.
- 09/18/2023
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Stocks to Watch This Week: 3 Potential Movers
- Pre-Halloween scaries are in full effect. September is well-known as possibly the worst month for the stock market.
- 09/18/2023
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UAW president downplays White House involvement in strike talks
- UAW President Shawn Fain said the union and Ford, General Motors and Stellantis remain "far apart" on several issues with the strike in its fourth day.
- 09/18/2023
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Mercedes-Benz CEO on China Tension, UAW Strike
- "Let's keep markets open and let market participants fight it out," Mercedes-Benz Group CEO Ola Källenius says. Speaking with Guy Johnson and Matt Miller on "Bloomberg Markets: European Close," Källenius also comments on the UAW strike and electric vehicles.
- 09/18/2023
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UAW strike on big 3 automakers enters day 4
- CNBC's Phil LeBeau reports on the latest from the UAW strike negotiations.
- 09/18/2023
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Fed Funds, FedEx Q1 Mid-Week; Strikes Continue
- After 40+ years of rolling back union membership in the U.S. economy, we're seeing a clear push-back against the ownership class.
- 09/18/2023
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Markets Wait For Fed FOMC
- The big news in the markets this week revolves around the Fed's mid-week decision on interest rate policy, although a vast majority of prognosticators see a hold at the current 5.25-5.50% range — already the highest Fed funds rate in more than 20 years. Despite recent hotter-than-expected economic data over the past couple weeks, the smart money is on the Fed being patient and allowing these high rates work over inflation in the medium/long-term, instead of twisting too tight and cracking what otherwise might be a soft economic landing.
- 09/18/2023
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UAW Strike Drives Wedge Into Fractured U.S. Auto Industry, Could Tesla Come Out On Top?
- Tesla could benefit from the UAW's strike against Ford, General Motors and Stellantis, giving the EV giant a leg up on its closest U.S. competition.
- 09/18/2023
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Autoworkers strike enters its fourth day. Now automakers face another walkout
- The United Auto Workers' strike against General Motors, Ford and Stellantis has entered its third day. Follow here for the latest.
- 09/18/2023
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GM, Ford and Stellantis' stocks fall as workers continue strike
- The stocks of the Big Three automakers moved lower early Monday, as workers continued their strike for higher pay and other benefits. General Motors Co.'s and Ford Motor Co.'s stocks were down 0.4%, while Stellantis N.V.
- 09/18/2023
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UAW strike against Big Three automakers enters fourth day
- The UAW strike is the first to be carried out simultaneously against the Big Three of Ford, General Motors and Stellantis as the union pushes for higher pay for its members.
- 09/18/2023
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PayPal and Dropbox stocks fall after downgrades, GM shares inch higher, and more stocks on the move
- MariaDB PLC shares MRDB, -1.36% jumped 9% in premarket trading on Monday after venture capital group Runa Capital said Friday it had offered to buy the system software group for 56 cents a share in cash, representing a premium of around 24% based on the Sept. 13 closing price for MariaDB shares.
- 09/18/2023
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UAW and automakers GM, Ford and Stellantis try to reach deal before strike widens
- The United Auto Workers strike against the Detroit Three automakers enters its fourth day on Monday as both sides try to hammer out deals to avoid costly disruptions to more plants.
- 09/18/2023
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Ford, GM Stocks Climb as UAW Contract Talks Restart
- United Auto Workers President Shawn Fain rejected Stellantis' offer of a 21% pay increase. Auto makers have responded to the strikes with temporary layoffs.
- 09/18/2023
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Many Asian global automakers will benefit from the UAW strike, researcher says
- James Hong, head of mobility research at Macquarie Capital, discusses the impact of the United Auto Workers strike against the Detroit Three automakers on others in the global industry.
- 09/18/2023
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UAW Members Continue Strike Against GM, Ford, Stellantis
- Auto workers in the US continue to strike against General Motors Co., Ford Motor Co. and Stellantis NV as their union pushes for dramatic reset of the wage scales and working conditions. Keith Naughton reports on Bloomberg Television.
- 09/17/2023
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Contract negotiations: UAW strike puts the four-day workweek back in focus
- When the United Auto Workers called a strike last week against General Motors, Ford and Stellantis, one of their demands focused on an idea circulating on the periphery of labor reform circles.
- 09/17/2023
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Fed decision, Instacart IPO and UAW strike top week ahead
- Investors will be closely watching the Federal Reserve's decision on interest rates, as well as the ongoing UAW strike against Ford, GM and Stellantis in the coming week.
- 09/17/2023
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Sen. Bernie Sanders torches automaker CEOs at UAW strike rally: 'Time to end your greed'
- At a Detroit rally for striking UAW employees, Senator Bernie Sanders cheered on striking auto workers and condemned "their greed" Friday.
- 09/17/2023
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UAW implements targeted strike strategy against major US automakers: here's what that means
- The United Auto Workers (UAW) has initiated a targeted strike strategy against major US automakers, including GM, Ford, and Stellantis, marking a novel approach for the union. The UAW's strategy involves focusing on strategic factories while keeping 90% of members working under expired contracts, aiming to increase pressure on the companies without causing widespread economic disruption.
- 09/17/2023
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Union workers strike against Big Three automakers
- The United Auto Workers' strike against General Motors, Ford and Stellantis has entered its third day. Follow here for the latest.
- 09/17/2023
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Lengthy UAW strike could buy GM time to address nagging EV issues
- General Motors is at greater risk than rivals Ford Motor and Stellantis of disruption to electric vehicle production from a prolonged UAW strike - though some analysts say that could also buy it time to repair nagging issues.
- 09/17/2023
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US auto workers strike against Detroit Three enters third day
- The United Auto Workers strike against the Detroit Three automakers is set to enter its third day Sunday with no immediate resolution on the horizon.
- 09/17/2023
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How an auto workers strike 87 years ago transformed America
- During the final days of 1936, about 50 autoworkers at General Motors shut down their machines at Fisher Body Plant No. 2 in Flint, Michigan, and sat down.
- 09/17/2023
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The 7 Most Undervalued Warren Buffett Stocks to Buy in September 2023
- If you're among the millions of investors concerned about where to put your money to work, undervalued Warren Buffett stocks to buy may be the place to focus on. Specifically, by aligning your portfolio with certain compelling individual holdings of Berkshire Hathaway (NYSE: BRK-B ), you might be able to get a leg up on market vagaries.
- 09/16/2023
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Is the UAW Strike Bullish for Tesla and Rivian?
- What is in Store for Tesla and Rivian Stock?
- 09/16/2023
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Ford CEO Warns of Bankruptcy Amid UAW Strike, Raising Eyebrows
- The Reuters headline reads “Ford CEO says UAW proposal could force bankruptcy.
- 09/16/2023
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For first time in history, union workers strike against all Big Three automakers
- Labor contracts have expired at America's three unionized automakers, and thousands of autoworkers have walked off the job. Follow here for the latest.
- 09/16/2023
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Beyond the automakers: How the UAW strike may hit the US economy
- With the United Auto Workers' historic strike officially underway, experts say the US economy is already getting bruised -- but the strike's impact isn't likely to push the nation into a recession.
- 09/16/2023
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US auto workers, companies face off on day two of strike
- Workers and management from the iconic "Big Three" auto giants were to face off at the negotiating table Saturday on the second day of a strike threatening to disrupt the economy and rock the 2024 presidential election campaign.
- 09/16/2023
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UAW Strike: Equity Investors Beware
- Lawrence H. Summers, Former US Treasury Secretary and Bono share an unlikely friendship and join forces for a second time to help bring awareness to advocate for debt relief for developing economies.
- 09/15/2023
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UAW, Big Three Auto Makers Enter Uncharted Waters With Strike as They Retool for EVs
- The union has always targeted a single company in past negotiations, and used the contract as a pattern for the entire industry. This time is different.
- 09/15/2023
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Ford announces layoffs related to the UAW strike
- CNBC's Phil LeBeau reports on breaking news concerning new layoffs out of Ford tied to the UAW strike.
- 09/15/2023
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GM's CEO Mary Barra: I'm extremely disappointed
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GM expects to be forced to idle Kansas auto plant next week
- General Motors said on Friday it expects to be forced to idle operations at its Kansas assembly plant next week after the United Auto Workers union struck a nearby Missouri plant earlier in the day - the first ripple effect from the walkout.
- 09/15/2023
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Why the UAW Strike Is Good News for Tesla (TSLA) Stock
- The United States witnessed labor history today as the United Auto Workers (UAW) union began a massive strike. After failing to reach new contract agreements with three leading automakers this morning, 13,000 workers stood together to send a clear message to employers.
- 09/15/2023
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Sen. Bernie Sanders to address UAW strike rally in Detroit after slamming automakers for 'corporate greed'
- Sanders has promoted the strikes as a pivotal moment in a broader campaign to raise living standards for working people across the U.S.
- 09/15/2023
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Ford, GM and Stellantis respond to UAW strike
- Detroit's Big Three automakers -- Ford, General Motors and Stellantis -- issue reactions to the United Auto Workers decision to strike against them after contract negotiations fail.
- 09/15/2023
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‘The White House Is Afraid': Union President Swipes At Biden Over UAW Strike
- UAW President Shaw Fain issued the statement in response to Biden's remarks on the strike from the White House on Friday.
- 09/15/2023
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SEIU President on raising minimum wage, expanding labor efforts and UAW's strike
- CNBC's Kate Rogers with Mary Kay Henry, SEIU President, join 'Power Lunch' to discuss fast food workers in California minimum wage pay increase.
- 09/15/2023
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UAW local president warns of 'more strikes' if things don't improve
- UAW Local 14 President Tony Totty joined ‘Varney & Co.' to discuss the latest news emerging from their strike against three major automakers.
- 09/15/2023
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UAW strike: 'Pay is a priority' for auto workers, professor says
- UAW members head to the picket lines to strike against the Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA) after their labor contracts expired amid negotiations between employers and the United Auto Workers (UAW) union. Michigan State Professor Peter Berg and Kate Bronfenbrenner, Cornell University's School of Industrial and Labor Relations Director of Labor Education Research, join Yahoo Finance Live anchors Julie Hyman and Diane King Hall to discuss the impact of a prolonged auto workers strike on certain communities and the benefit demands union leaders are trying to leverage against the auto manufacturers.
- 09/15/2023
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The UAW Strike Gets Noticed by Wall Street. Auto Stocks Tick Up.
- Shares of General Motors, Ford, and Stellantis were down in premarket trading, but gained strength as the day wore on.
- 09/15/2023
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UAW strike brings blue-collar vs. billionaire battle to Detroit
- The United Auto Workers strike is bringing a blue-collar versus billionaire battle to Detroit, just as UAW President Shawn Fain wanted.
- 09/15/2023
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UAW strike stirs stock-market worries over corporate margins
- The strike by United Auto Workers against the Big 3 carmakers is sparking a broader worry among stock-market investors over the outlook for corporate profits.
- 09/15/2023
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China Shows Why GM, Ford Are Stuck in a Catch-22
- The profitability of China's traditional automakers has declined as the number of electric cars has grown.
- 09/15/2023
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The UAW strike fallout may quickly begin to snowball, says KPMG's Diane Swonk
- Diane Swonk, chief economist at KPMG, joins 'The Exchange' to discuss the fallout a UAW strike could have on employment data, China's growth as a global exporter of electric vehicles, and shifting production worldwide due to ongoing trade tariffs.
- 09/15/2023
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Chaos is the strategy for the UAW's new president
- UAW President Shawn Fain has become the X factor in the striking autoworkers' pursuit of increased pay and benefits, injecting a level of chaos into negotiations that neither the automakers nor the White House predicted or quite know how to manage.
- 09/15/2023
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UAW strike shuts down 15% of Big 3 automakers' production
- CNBC's Phil LeBeau joins 'The Exchange' to discuss the first day of the UAW strike, when we expect to see negotiations start and come to a close, and how a UAW strike will impact the Big 3 automakers.
- 09/15/2023
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UAW launches historic strike against big three Detroit automakers
- The United Auto Workers union is officially on strike against the big three Detroit automakers Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA). After Thursday night's deadline came and went without a deal, the UAW began what it called a “stand-up strike” targeting specific branches of each of the automakers.
- 09/15/2023
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GM says Mexico plants will operate normally amid US strike
- General Motors' Mexican plants will continue operating as normal despite strike action by U.S. union workers, the company said in a statement on Friday.
- 09/15/2023
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GM and Ford's stocks are higher as UAW strike kicks off. Their bonds tell a different story.
- Ford Motor Co.'s and General Motors Co.'s stocks were higher Friday as workers kicked off a strike, but their bonds have been under selling pressure for some time.
- 09/15/2023
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President Biden responds to the UAW strike decision
- President Joe Biden addresses the UAW workers decision to strike, the value unions have on the economy, and the need wealth to be fairly distributed among employees and employers.
- 09/15/2023
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Biden Strongly Defends UAW In First Remarks After Strike
- The strike tests Biden's political platform as he seeks an endorsement from the UAW.
- 09/15/2023
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Biden says record profits should ensure record contracts as UAW strikes Ford, GM and Stellantis plants
- President Joe Biden stressed that workers should be fairly compensated as auto companies make record profits.
- 09/15/2023
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Trump criticizes UAW leadership amid strike, warns auto workers' jobs are moving to China
- "The auto workers are being sold down the river by their leadership, and their leadership should endorse Trump," the GOP frontrunner said.
- 09/15/2023
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Biden says record profits should ensure record contracts as UAW strikes Ford, GM and Stellantis plants
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UAW strike will be felt beyond Detroit, National Association of Manufacturers warns
- The National Association of Manufacturers is calling on the United Auto Workers union and Detroit's Big Three automakers to work out an agreement to end the strike.
- 09/15/2023
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What Is the UAW Striking For? Which Plants Are Striking Now?
- The United Auto Workers (UAW) union is officially on strike against the “Big Three” Detroit automakers. What is the UAW striking for?
- 09/15/2023
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UAW strike: Ford, GM, Stellantis record profits haven't been shared fairly with workers, Biden says
- President Joe Biden on Friday offered support for United Auto Workers, as he addressed their strike aimed at the Big Three automakers.
- 09/15/2023
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UAW strike: What it means for auto industry
- Dan Levy, U.S. autos and mobility analyst at Barclays, joins 'Squawk on the Street' to discuss the supplier impacts of the UAW strike and what it may mean for the industry going forward.
- 09/15/2023
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Markets Mildly Negative on UAW Strike, Imports, Etc.
- Pre-market futures have slipped a bit on this news of a UAW strike and hotter Import and Export Prices.
- 09/15/2023
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Autoworkers' Strike Over Pay Hikes Hits Wall Street
- Autoworkers' Strike Over Pay Hikes Hits Wall Street.
- 09/15/2023
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UAW strike could soon inflict ‘max pain' on Big Three if it moves to pickup-truck assembly lines
- Nearly 13,000 auto workers are on strike at three Ford Motor Co., General Motors Co. and Stellantis N.V. plants making mostly SUVs, but the real pain for the carmakers could start soon if the labor action moves to plants producing pickup trucks.
- 09/15/2023
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GM CEO Calls on UAW to Get Back to Negotiating Table
- General Motors CEO and Chair Mary Barra says the UAW strike "didn't need to happen." She says she's been directly involved in negotiations and that the company is well prepared to keep running during this work stoppage.
- 09/15/2023
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UAW strike could slam the US economy
- The United Auto Workers went on strike against Ford, General Motors and Stellantis. Fallout from the work stoppage could have far-reaching consequences.
- 09/15/2023
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GM CEO: 'This Is a Strike That Didn't Need to Happen'
- General Motors CEO and Chair Mary Barra says the automaker is "ready for this," as she speaks about the impact on the company from the strike called by the United Auto Workers against the big three US automakers. She speaks with David Westin on "Bloomberg Markets.
- 09/15/2023
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UAW strike to have limited impact on Big Three, with only three plants affected for now: Fitch
- Fitch Ratings said Friday the targeted strikes by auto workers represented by the United Auto Workers union will have a limited financial impact on the Big Three carmakers, with only one of each of their plants affected for now.
- 09/15/2023
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UAW's Fain wants to demonstrate the power of the strike and its ability to use: Former Ford CEO
- Mark Fields, former Ford CEO, joins 'Squawk Box' to discuss his thoughts on the United Auto Workers strike, whether there will be broad measures to export production in retaliation, and more.
- 09/15/2023
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Car Stocks Alert: F, GM, STLA Stocks on Watch as UAW Goes on Strike
- Ford (NYSE: F ), General Motors (NYSE: GM ), and Stellantis (NYSE: STLA ) are trending on social media, and their stocks are in full focus today. The United Auto Workers (UAW) union has gone on strike against the Big Three American automakers.
- 09/15/2023
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UAW strike: ‘I think the strike can get resolved very quickly'
- General Motors Co (NYSE: GM) is willing to significantly raise wages to end a strike but even its sweetened offer has so far failed to impress the United Auto Workers.
- 09/15/2023
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- General Motors Company (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/15/2023
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UAW's Landmark Strike Shakes Up Detroit's Big 3 Automakers
- The UAW-Detroit automakers' contract expiration sparks intense labor tension, heralding potential industry-altering labor dynamics.
- 09/15/2023
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UAW Launches Strike Against Big Three Automakers
- The United Auto Workers (UAW) union launched a strike on Friday after the union and General Motors (GM), Ford (F), and Chrysler parent Stellantis (STLA) failed to reach an agreement.
- 09/15/2023
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UAW strike trade fades, as GM and Ford stocks turn higher and Tesla shares drop
- So much for the Big 3 automakers' labor strike spooking investors, as shares of General Motors Co. GM, +2.01% and Ford Motor Co. F, +0.83% both turned positive moments after Friday's opening bell, while Stellantis N.V.'s stock STLA, +1.91% was always higher.
- 09/15/2023
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El-Erian Says UAW Strike Is 'Here to Stay for a While'
- Mohamed El-Erian, a Bloomberg Opinion columnist, comments on the UAW strike during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
- 09/15/2023
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Carvana and other used car stocks accelerate ahead of auto workers strike
- Shares of used car retailer Carvana Co. (NYSE:CVNA) soared on Thursday, gaining momentum ahead of a potential strike of auto workers against the Detroit Three carmakers General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F) and Stellantis NV (NYSE:STLA, EPA:STLA). Carvana stock closed up 13.5% at US$55.86, with investors pulling back slightly at Friday's open with the stock down 2% at US$54.79.
- 09/15/2023
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GM CEO Marry Barra tells CNN she's 'frustrated' about the strike
- General Motors CEO Mary Barra said she's "frustrated" with the autoworker strike that began overnight, and said that her company has a "very compelling offer" for the union.
- 09/15/2023
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Why Stellantis could face a longer strike than Ford or GM
- Stellantis has a need that GM and Ford don't – and there are signs that it has been preparing for a protracted battle with the UAW.
- 09/15/2023
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UAW Strikes Begin As Ford, General Motors And Stellantis Fail To Reach Agreement With Workers' Union
- Here's the lowdown on what's happening with the worker strikes, why we've ended up here in the first place and how Wall Street took the news.
- 09/15/2023
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UAW President Shawn Fain has 'totally outsmarted' the Big 3 leadership: MAEVA Group CEO Harry Wilson
- Harry Wilson, MAEVA Group CEO and former senior member of President Obama's auto task force, joins 'Squawk Box' to discuss the latest in UAW's targeted strikes, what it means for U.S. automakers and labor, and more.
- 09/15/2023
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GM CEO Mary Barra on UAW strike: We put a historic offer on the table
- GM CEO Mary Barra and CNBC's Phil LeBeau join 'Squawk Box' to discuss the latest in the UAW strike, state of negotiations, the impact of the strike on the company, and more.
- 09/15/2023
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UAW Strike Exposes Detroit's Dysfunction
- GM, Ford and Stellantis can afford a much bigger walkout than the United Auto Workers union has called, but for investors it isn't just about the financial cost.
- 09/15/2023
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The last UAW strike lasted 40 days and cost GM $3 billion. Things are looking very different this time.
- UAW-GM workers were fighting plant closures in 2019. Four years ago, about 46,000 GM workers went on strike for 40 days.
- 09/15/2023
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Markets Gaining Momentum Despite Higher Oil Prices And UAW Strike
- A successful IPO by Arm Holdings helped spur investor enthusiasm sending both the S&P 500 and Nasdaq Composite higher by 0.8%.
- 09/15/2023
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UAW members go on strike at three key auto plants after deal deadline passes
- CNBC's Phil LeBeau joins 'Squawk Box' with the latest news.
- 09/15/2023
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UAW Strike Begins Against Ford, GM, Stellantis as Contract Lapses
- The United Auto Workers began a strike against all three of the legacy Detroit carmakers Friday, kicking off a potentially costly and protracted showdown over wages and job security. Craig Trudell reports on Bloomberg Television.
- 09/15/2023
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Buying a car? What the UAW strike means -- and doesn't mean -- for auto sales
- Now that the United Auto Workers union has started a strike, the US auto market is about to be thrown into turmoil all over again.
- 09/15/2023
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Nio's stock rises again, in wake of rate cut in China and UAW strike against U.S. automakers
- Shares of Nio Inc. NIO, +3.08% climbed 2.7% in premarket trading Friday, adding the 3.1% bounce in the previous sessions, as a strike impacting some U.S. autoworkers and some and a interest rate cut in China let support for the China-based electric vehicle maker. The stock's rally comes after it slumped 4.7% on Wednesday, after the European Union launched an investigation into China's subsidies to its EV makers.
- 09/15/2023
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UAW Goes On Strike Against Big Three Automakers
- The targeted strike won't involve all of the union's nearly 150,000 members and marks a "new approach" to industrial action.
- 09/15/2023
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Ford, GM shares fall on strike action, with ARM stock jumping post IPO and other shares on the move
- American depositary receipts of Arm Holdings PLC ARM, +24.69% continued higher after closing Thursday 25% above their IPO listing price as execs see a big opportunity in saving chip makers money.
- 09/15/2023
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For first time in history, union workers strike against all Big Three automakers
- Labor contracts have expired at America's three unionized automakers, and thousands of autoworkers have walked off the job. Follow here for the latest.
- 09/15/2023
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In historic first, United Auto Workers union strikes at GM, Ford and Stellantis
- The United Auto Workers union is on strike against General Motors, Ford and Stellantis, the first time in its history that it has struck all three of the nation's unionized automakers at the same time.
- 09/15/2023
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Auto Workers Strike Ford, GM And Stellantis All At Once
- The targeted walkouts are aimed at throwing the 'Big 3' off balance as the union battles for new contracts.
- 09/15/2023
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Detroit Three plants where UAW plans to strike
- United Auto Workers (UAW) union President Shawn Fain on Thursday laid out plans for unprecedented, simultaneous walkouts at General Motors , Ford and Chrysler parent Stellantis' U.S. operations.
- 09/14/2023
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UAW set to strike at 3 plants if no deal reached by midnight
- United Auto Workers President Shawn Fain said late Thursday that the union is set to strike at General Motors Co.'s GM, Wentzville, Mo., assembly plant, a portion of Ford Motor Co.'s F, -0.16% Wayne, Mich.
- 09/14/2023
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U.A.W. Set to Begin Walkouts as Deadline Nears With No Contract Deals
- The union announced initial sites of a targeted strike meant to press Ford, General Motors and Stellantis in talks on pay, benefits and the workweek.
- 09/14/2023
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U.S. auto union to strike at three Detroit Three factories
- The United Auto Workers union said on Thursday workers would walk off the job at three Detroit Three factories at midnight, barring a last-minute agreement, setting up the most ambitious U.S. industrial labor action in decades.
- 09/14/2023
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UAW president says union will strike at three U.S. auto plants if no deal reached by midnight
- The strike plans are contingent upon the union and automakers not reaching deals by an 11:59 p.m. deadline.
- 09/14/2023
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GM boosts wage offer as autoworker strike deadline approaches
- General Motors said Thursday it boosted its contract offer to a 20% wage hike for U.S. autoworkers, including 10% in the first year, in a move to avoid a strike that is scheduled to begin at 11:59 p.m. if no deal is agreed on.
- 09/14/2023
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UAW poised to strike at Ford, GM, Stellantis as midnight deadline nears
- United Auto Workers are set to strike at Ford, General Motors and Stellantis after turning down each of the Detroit automakers' latest contract offers.
- 09/14/2023
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GM President on UAW negotiations: A strike hurts 'everybody', it would be a 'very sad outcome'
- CNBC's Phil LeBeau with GM North America President Mark Reuss join 'Closing Bell' to discuss the UAW potential strike, automotive plants and impact of a potential strike.
- 09/14/2023
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UAW Strike: GM Offers 20% Raises In 11th-Hour Pitch To Avert Massive Strike
- The United Auto Workers demands a 36% wage increase, though General Motors offered an increase nearly half that size.
- 09/14/2023
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GM sweetens UAW offer to include 20% wage increase, other benefits as it tries to avoid strike
- The recent proposal, which GM CEO Mary Barra called "compelling and unprecedented," addresses many of the union's demands but continues to fall short on others.
- 09/14/2023
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UAW ready to strike at big 3 plants
- Third Way's Ellen Hughes-Cromwick and RBC Capital's Tom Narayan, join 'Power Lunch' to discuss the UAW potential strike and what it means for U.S. automakers.
- 09/14/2023
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Everything you need to know about UAW's targeted strike plans – and possible lockouts
- The UAW union is ready to conduct targeted strikes against the Detroit automakers if the sides fail to reach new deals by 11:59 p.m. ET.
- 09/14/2023
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Largest Auto Strike in History Looms: Potential Winners & Losers
- The UAW, or United Auto Workers, is a prominent labor union in the United States that primarily represents workers in the automotive and related industries. Founded in 1935, the UAW is one of the largest labor unions in the country and has nearly one million members.
- 09/14/2023
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UAW, Big Three talks: This is 'very uncharted' territory, expert says
- The clock is ticking for autoworkers and the Big Three automakers Ford (F), GM (GM), and Stellantis (STLA) to reach a deal. If a deal cannot be agreed to by midnight Thursday, the UAW says it will strike.
- 09/14/2023
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UAW, Detroit automakers remain far apart as midnight strike deadline nears
- "To win, we're likely going to have to take action," UAW President Shawn Fain said.
- 09/14/2023
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The UAW doesn't have to strike at every automaker or factory to shut down most of the auto industry
- Members of the United Auto Workers could strike on Friday, September 15 at midnight. The latest news out of the union suggests all members might not strike at once.
- 09/14/2023
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UAW Ready to Walk Out on Big Three Automakers
- The United Auto Workers union is ready to strike against all three Detroit carmakers if a deal is not reached by 11:59 PM tonight. Targeted walkouts are planned.
- 09/14/2023
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UAW strike looms over automakers ahead of midnight deadline
- Auto workers prepare for a potential strike against the Big Three auto manufacturers Ford (F), General Motors (GM), and Stellantis (STLA) as tonight's midnight deadline for a new contract rapidly approaches. Yahoo Finance Autos Reporter Pras Subramanian outlines how United Auto Workers (UAW) union members could go about leveraging demands for revised benefits packages and cost-of-living-adjusted wages.
- 09/14/2023
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UAW says strikes 'likely' against auto companies
- CNBC's Phil LeBeau reports on the latest news from the UAW and the looming auto strike.
- 09/14/2023
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The 3 Most Undervalued Auto Stocks to Buy in September 2023
- When it comes to identifying undervalued auto stocks, the obvious option is to zoom in on the renowned titans of the automotive world. Yet, the electric vehicle (EV) sector is reshaping our perception, emphasizing stalwart brands and emerging contenders offering compelling investment narratives.
- 09/14/2023
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UAW Could strike against the Big 3 automakers on Thursday
- Bloomberg's Julie Fine and Enda Curran discuss the latest CPI data and what it means for the Federal Reserve. They give their insight on how this may impact the 2024 Presidential Campaign cycle, and they talk about the potential United Auto Workers strike and Speaker Kevin McCarthy's impeachment inquiry into President Biden.
- 09/14/2023
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San Francisco requests redo on Cruise, Waymo robotaxi expansion hearing
- San Francisco has formally requested state regulators redo an August hearing that expanded robotaxi permits for Cruise and Waymo, giving both companies permission to widen commercial operations throughout the city 24/7. The contentious decision was met with much opposition as city agencies and residents questioned the far-reaching impact of the expansions.
- 09/13/2023
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U.A.W. Prepares for Partial Strike Against Detroit Automakers on Friday
- The union's president, Shawn Fain, said negotiators were nowhere near an agreement and ruled out a contract extension while talks continued.
- 09/13/2023
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UAW president braces members for targeted 'stand-up strike' of Detroit automakers
- United Auto Workers President Shawn Fain told members to be ready to implement what the union is calling a “stand-up strike” against the big three Detroit automakers. If a new contract is not reached by Thursday night, when the current UAW contracts expire, union leadership will instruct various chapters to walk out.
- 09/13/2023
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Here's where the UAW negotiations stand ahead of 'likely' strikes
- The UAW president said Ford has offered a 20% increase over the four years of the deal, followed by GM at 18% and Stellantis at 17.5%
- 09/13/2023
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UAW reportedly planning targeted strikes at specific auto plants
- The United Auto Workers labor union is considering strikes at certain Ford, General Motors and Stellantis plants if new contracts with the manufacturers are not reached by the deadline.
- 09/13/2023
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UAW Strike: GM in ‘most vulnerable position,' analyst says
- The United Auto Workers strike deadline against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA), is just over 24 hours away. CFRA Equity Analyst Garret Nelson joins Yahoo Finance Live anchors Seana Smith and Akiko Fujita to discuss how the potential strike will impact the automakers and other companies, such as suppliers.
- 09/13/2023
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Ford, GM get Buys but Tesla, Rivian stuck in Neutral: UBS initiates coverage on US auto sector
- UBS is initiating coverage on 13 US auto stocks, citing transformative forces shaping the sector, including electrification, software-enabled vehicles, and automated driving. Legacy OEMs General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F) received Buy ratings, with GM expected to weather challenges through cost-cutting measures and electric vehicle scaling.
- 09/13/2023
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Ford's former CEO has a stark warning for both the UAW and automakers
- As Detroit automakers and labor leaders scramble to hammer out a contract that will shape the future of the US auto industry, former Ford CEO Mark Fields has words of caution for both sides.
- 09/13/2023
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UAW strike: These Ford, GM plants are the most likely targets
- The UAW is considering a break with tradition, moving to targeted strikes at specific Ford Motor Co., General Motors Co. and Stellantis NV plants, and there are no better candidates than the ones making America's most sought-after vehicles for years running.
- 09/13/2023
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UAW strike looms over negotiations ahead of Thursday deadline
- The United Auto Workers threaten to strike at the plants of the Big Three automakers — Ford (F), General Motors (GM), Stellantis (STLA) — in the hopes of disrupting incoming profits and negotiate better benefits for union workers. The deadline to reach a new agreement is Thursday, September 14, at midnight.Yahoo Finance Autos Reporter Pras Subramanian discusses where the negotiations stand and what the UAW is demanding, including a 40% pay hike and defined pension plans.
- 09/13/2023
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UAW considering targeted strikes of Detroit automakers if no deal is reached by Thursday's deadline
- The United Auto Workers union intends to begin targeted strikes at specific plants against the big three Detroit automakers if tentative contracts aren't reached by midnight Thursday, according to union officials. Targeted strikes would occur at certain General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F) and Stellantis NV (NYSE:STLA, EPA:STLA) plants in that instance, the idea being that the plants chosen would be representative of the overall issues faced by the UAW union.
- 09/13/2023
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Ford, General Motors Pop After UBS Bull Notes
- UBS initiated coverage on 13 auto stocks.
- 09/13/2023
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UAW will strike against Detroit automakers if deals aren't reached by Thursday, union boss says
- The UAW union will strike against the Detroit automakers if deals aren't reached by an 11:59 p.m. ET Thursday deadline, UAW President Shawn Fain said Wednesday.
- 09/13/2023
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Tesla Stock Isn't a Buy Now, but Ford, GM Are, Says Analyst
- The economic macro now favors shares of Ford Motor and General Motors over Tesla, writes UBS analyst Joseph Spak.
- 09/13/2023
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Look past looming strike and buy Ford and General Motors stock, UBS says
- UBS initiated coverage of 13 auto stocks, as the broker said investors should focus on growth opportunities and not a looming strike.
- 09/13/2023
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UAW may implement targeted strikes if no deals reached with Detroit automakers
- Targeted strikes are ones that only have work stoppages at certain plants, many times over local contract issues.
- 09/12/2023
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General Motors: An Undervalued Bet On The EV Market
- General Motors is positioned for rapid growth in the electric vehicle market, with plans to increase its EV production volume to 1 million vehicles in NA by 2025. The company's EV sales are benefiting from government incentives and increasing adoption of electric vehicles in markets around the world. General Motors is undervalued compared to Ford, with a lower valuation based on free cash flow and earnings, making it an attractive investment opportunity.
- 09/12/2023
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UAW strike ‘seems inevitable,' with effects on GM and Ford hinging on how long it might last
- A strike affecting one or all of the Big Three automakers “seems inevitable,” Wall Street analysts and auto-industry observers say, with the market's best hopes for the companies centered on a short strike offset by rising inventories.
- 09/12/2023
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GM and Ford's bonds are already reflecting worries about a possible strike
- General Motors Co.'s and Ford Motor Co.'s stocks are expected to come under pressure this week if U.S. auto workers go on strike as expected, but both companies' bonds have already been under selling pressure for the last 10 days.
- 09/12/2023
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3 Overpaid CEOs Raking In Far More Than They Are Worth
- In a battle of the overpaid CEOs, Elon Musk recently made fun of Lucid Group (NASDAQ: LCID ) CEO Peter Rawlinson for hauling in $379 million in 2022. Most of that was from options and stock awards vested during the year.
- 09/12/2023
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US auto labor talks intensify near strike deadline
- Talks between the Detroit Three automakers and United Auto Workers union are nearing a Thursday night deadline to reach a deal on a new contract before a potential walkout by 146,000 U.S. autoworkers.
- 09/12/2023
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Tesla's Supercomputer Dojo Propels These ETFs
- Tesla's supercomputer Dojo is expected to fuel a 76% rally in the market capitalization of the EV maker. Look into Tesla-heavy ETFs as Morgan Stanley upgrades its recommendation for Tesla.
- 09/12/2023
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Market Eagerly Awaits CPI Numbers for August
- Market Eagerly Awaits CPI Numbers for August.
- 09/12/2023
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An Auto Worker Strike Could Raise Car Prices
- As the United Auto Workers prepare for a possible strike, the fallout could result in higher prices for car buyers. Joel Levington, Global Director of Credit Research for Bloomberg Intelligence, explains on Bloomberg Radio.
- 09/12/2023
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Wall Street sees potential UAW strikes as manageable, with upsides
- Wall Street analysts are viewing potential strikes by the UAW union against the Detroit automakers as largely manageable, even investment opportunities.
- 09/12/2023
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UAW strike a 'potential nightmare situation' for big three automakers
- The United Auto Workers are likely to strike this week, Wedbush analysts believe, and it would be a disaster for the big three Detroit automakers. The UAW is negotiating separately with General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), and Stellantis NV (NYSE:STLA, EPA:STLA) on a new agreement, but their current contract expires Thursday.
- 09/12/2023
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Unions Are Having a Moment. Investors Should Take Heed.
- A possible UAW strike shows organized labor's growing clout, and could lead to higher inflation.
- 09/12/2023
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UAW Labor Talks Offer a Ray of Hope. Ford, GM Stocks Aren't Budging.
- The wage increase bid/ask spread between the union and auto makers seems to be narrowing. That's good news for investors.
- 09/12/2023
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Factbox: From UPS to Detroit Three automakers, US labor unions flex muscle
- A tight U.S. labor market, expiration of cyclical contracts and high living costs have triggered tough negotiations for pay hikes and other benefits by workers and strikes and protests across industries.
- 09/12/2023
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Ford, GM, Stellantis dealerships brace for potential UAW strike
- As the deadline approaches for Detroit's Big Three automakers to reach new contract agreements with the United Auto Workers or face a strike, dealerships prepare for impact.
- 09/12/2023
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UAW negotiations get down to the wire as threat of strike looms
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 09/11/2023
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UAW open to automaker negotiations ahead of Sept. 14 deadline
- The United Auto Workers (UAW) remains open to negotiating with the Big Three automakers — Ford (F), General Motors (GM), Stellantis (STLA) — ahead of the expiration date on the union's contracts this week, on Thursday, September 14. Yahoo Finance's Rick Newman and Pras Subramanian explain the workers' costs-of-living demands, how this strike reflects on President Biden's relationship with unions, and ways transitions to electric vehicles could hurt union workers.
- 09/11/2023
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UAW strike deadline looms: What are autoworkers' demands?
- The United Auto Workers strike against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA), continues to loom as the September 14th deadline approaches. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down each of the automakers' proposals to the UAW and the union's demands.
- 09/11/2023
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UAW Strike Is Almost Certain. Brace for a Hit on Ford and GM Stock.
- Labor negotiations are always a face-off: the union vs. the company, wages, benefits, and working conditions vs.
- 09/11/2023
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A UAW Strike Is Likely, Says Edmunds
- Jessica Caldwell, Edmunds head of insights, expects a strike by the United Auto Workers. But she's not sure if workers will walk out everywhere.
- 09/11/2023
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Best Stocks To Invest In Right Now? 2 EV Stocks For Your September List
- EV stocks to watch in the stock market this week.
- 09/11/2023
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The 4 key reasons why the UAW could strike GM, Ford and Stellantis this week
- Time is running short to avoid a strike at America's three unionized automakers, and the distance between the United Auto Workers union and the companies remains large.
- 09/11/2023
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Here's what to know as auto workers are poised to strike this week
- DETROIT — About 146,000 U.S. auto workers are set to go on strike this week if General Motors GM, +1.17%, Ford F, +2.84% and Stellantis STLA, +0.77% fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble.
- 09/10/2023
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The 7 Best Autonomous Driving Stocks to Buy Now: September 2023
- With self-driving autos likely to become the next big trend, investors may want to keep an eye on the best autonomous driving stocks. For one, as noted by Investorplace contributor Josh Enomoto, research firm Mordor Intelligence says the self-driving market would be worth $33.48 billion in 2023 and grow at a compound annual rate of 22.25% in the next five years.
- 09/10/2023
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Potential UAW strike: What you need to know
- Steve Grasso, Grasso Global CEO, and CNBC's Phil LeBeau join 'Power Lunch' to discuss new data showing a stabilization in used auto prices, the implications a UAW strike will have on vehicle manufacturing numbers, and the wage gap at the center of the auto workers dispute.
- 09/08/2023
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UAW president calls GM's contract offer 'insulting' a week before potential strike could begin
- The United Auto Workers could be headed for a strike against the big three US automakers as soon as next week. The UAW is negotiating with General Motors, Ford and Chrysler parent Stellanits in separate talks for new terms before the union's current contract expires at 11:59 pm Thursday.
- 09/08/2023
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Factbox: Impact of possible strikes on Detroit Three automakers
- A union representing workers at General Motors , Ford Motor and Jeep-maker Stellantis has threatened strikes if a contract deal is not reached before the current ones expire on Sept. 14 at midnight.
- 09/08/2023
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General Motors' (GM) 10% Wage Hike is 'Insulting' for UAW
- General Motors (GM) offers a 10% pay increase to the UAW. However, the president of the UAW finds the offer 'insulting'.
- 09/08/2023
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UAW strike threat: Experts weigh in on likelihood of strikes at Ford, GM, Stellantis
- As the deadline soon approaches for Detroit's Big Three automakers to reach contract agreements with the United Auto Workers, experts assess the likelihood of a strike.
- 09/08/2023
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Big Three automakers need to step up for the workers who keep them profitable
- One of the greatest Super Bowl ads ever came out in 2011. It was a Chrysler ad, but it sold a broader domestic brand — “imported from Detroit” — by drawing on the story of the American worker, stirring up hard-won feelings of place, patriotism, and dignity.
- 09/08/2023
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Correction Protection: 3 Stocks to Sell Before the Market Takes a Dive
- While the US stock market is going through uncertainties, investors need to navigate the turbulent waters of the stock market with caution. As economic tides flow high, even the mightiest giants can find themselves listed as stocks to sell.
- 09/08/2023
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General Motors Company (GM) Presents at Goldman Sachs Communacopia & Technology Conference (Transcript)
- General Motors Company (NYSE:GM ) Goldman Sachs Communacopia & Technology Conference September 7, 2023 2:30 PM ET Company Participants Kyle Vogt - Co-founder and Chief Executive Officer of Cruise Conference Call Participants Mark Delaney - Goldman Sachs Mark Delaney Okay, great. Thank you, everybody, for joining us.
- 09/07/2023
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UAW chief calls GM's offer 'insulting': There will be some work stoppage, analyst says
- General Motors (GM) has made an offer to UAW members that includes a 10% wage increase for most workers and lump sum payments. However, UAW President Shawn Fain has dismissed the offer, calling it "insulting" in statement.
- 09/07/2023
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Cruise nears approval to mass-produce robotaxis with no steering wheel, pedals
- Cruise CEO Kyle Vogt said Thursday at an investor conference that the company is “just days away” from getting the green light to begin mass production of its purpose-built autonomous vehicle without a steering wheel or pedals.
- 09/07/2023
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Ford, GM Try To Sweeten the Pot For Workers To Avoid Strike
- General Motors Co. (GM) and Ford Motor Co. (F) on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis N.V. (STLA) attempt to reach an agreement with the union before a Sept.
- 09/07/2023
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This EV company's market cap has shrunk more than $140 billion in two weeks
- Electric-vehicle startup VinFast Auto Ltd. has seen its market capitalization fall more than $140 billion in less than two weeks, weighed down by a six-day losing streak in the company's stock.
- 09/07/2023
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'It's Looking That Way': Auto Workers Union Warns Of Looming Strike After Biden Says He's 'Not Worried'
- Employees of General Motors, Ford Motor Co. and Stellantis are threatening to strike if a deal isn't reached next week.
- 09/07/2023
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GM stock adds to losses after UAW calls company's offer ‘an insult'
- Shares of General Motors Co. GM dropped nearly 2% on Thursday, adding to earlier losses, after the auto maker released its proposal to unionized workers and the United Auto Workers called it an “insult.” GM's proposal included a 10% wage increase and other payments, according to the Wall Street Journal, which also reported on the UAW's reaction.
- 09/07/2023
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GM employee's racial bias lawsuit is revived over NY plant where nooses were displayed
- General Motors was ordered by a federal appeals court on Thursday to defend against claims by a Black safety supervisor, who said she endured years of racism and sexism at an upstate New York plant where other workers displayed Confederate flags and nooses.
- 09/07/2023
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GM offers 10% wage increases, $5,500 ratification bonuses to UAW as strike looms
- GM's latest offer still falls short of the union's demands. The UAW could strike against all three Detroit automakers next week.
- 09/07/2023
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GM offers 10% wage hike in UAW contract talks
- General Motors said Thursday it has offered workers a 10% wage hike and two additional 3% annual lump sum payments in its offer to the United Auto Workers union ahead of the Sept. 14 contract expiration.
- 09/07/2023
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7 Stocks to Invest In for Big-Time, Long-Term Gains
- Here's a look at seven stocks to buy and hold onto for the long haul. Tech stocks aren't the only drivers of wealth in today's economy, although many may be quick to tell you otherwise.
- 09/07/2023
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Tesla Bull vs. Bear: Is TSLA Destined for Apple's Glory or GM's Gloom?
- The spread between bullish and bearish sentiment on Tesla (NASDAQ: TSLA ) stock is bigger than for any stock ever. Bulls compare it with Apple (NASDAQ: AAPL ), bears with General Motors (NYSE: GM ).
- 09/07/2023
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The 3 Best Stock Picks for the Rest of 2023
- Some consider market patterns akin to astrology, but seasonality can play a substantial role. Research shows that the S&P 500 typically struggles throughout the summer months (July and August).
- 09/06/2023
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UAW strike would show Biden, other leaders that it's time to 'pick a side,' union boss says
- UAW President Shawn Fain's comments add to unusual tension between the leader of the historically Democratic union and Biden.
- 09/06/2023
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The 7 Best Sleeper Stocks to Buy Now: September 2023
- As a rule of thumb, investors ought to consider securities with strong volume and chart mobility as opposed to sleeper stocks. It's like baseball.
- 09/06/2023
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‘Wiretaps on wheels': Automakers flunk the privacy test with invasive personal-data collection
- BOSTON — Most major car manufacturers admit they may be selling your personal information — though they are vague on the buyers, a new study finds, and half say they would share it with the government or law enforcement without a court order.
- 09/06/2023
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UAW president warns strike coming next week for any Detroit automaker with no deal by deadline
- UAW President Shawn Fain is doubling down on his threats to Ford, General Motors and Stellantis, warning that the union will strike next week against any automaker without a deal.
- 09/06/2023
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Auto worker strike looks likely and could last for months, says CFRA'S Garrett Nelson
- CFRA'S Garrett Nelson joins 'Squawk on the Street' to discuss the likelihood of a potential UAW strike, uncertainty around the timeline and scale of a UAW strike, and concerns over the impact a strike would have on production and inventories.
- 09/06/2023
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Biden to give pep talk about unions as UAW could go on strike next week
- President Joe Biden on Wednesday is slated to praise a deal between unionized dockworkers and their employers that prevented a strike at West Coast ports, but the spotlight has shifted to the United Auto Workers union, which could strike when its contract with Detroit's Big Three ends Sept. 14.
- 09/06/2023
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Strike or No Strike, GM, Ford, and Even Tesla Will Pay Rising Labor Costs
- A strike or new contract will raise labor costs for General Motors, Ford, and Stellantis, but even nonunion automakers such as Rivian and Tesla are facing increasing wages.
- 09/06/2023
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GM exec says UAW demands 'would threaten
- General Motors' global head of manufacturing, Gerald Johnson, said in a video statement released on Tuesday the demands received from the United Auto Workers union have “significant costs attached that would threaten our ability to maintain our manufacturing momentum.”
- 09/05/2023
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Strike deadline looms at General Motors, Ford and Stellantis given UAW's “audacious” demands
- The demands that a more combative United Auto Workers union has pressed on General Motors GM, +0.09%, Stellantis STLA, -1.73% and Ford F, +0.08% — demands that even the UAW's own president calls “audacious” — are edging it closer to a strike when its contract ends Sept. 14.
- 09/04/2023
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- General Motors Company (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/04/2023
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Ford and GM Battle Labor
- Labor leader Walter Reuther has been dead since 1970, but his ghost has come back to haunt GM, Ford, and Stellantis.
- 09/02/2023
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Why auto worker strikes against GM, Ford and Stellantis seem inevitable
- Prolonged strikes against GM, Ford and Stellantis would be unprecedented and quickly impact the automotive supply chain, U.S. economy and domestic production.
- 09/02/2023
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Yahoo Finance CEO Roundup: GM, Hostess, Campbell Soup, Cisco, Celsius, and Brinker
- Yahoo Finance spoke with CEOs of General Motors, Campbell Soup, Cisco, Celsius and Brinker about what investors need to know about earnings, profits, innovation, and more.
- 09/01/2023
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US NLRB to probe if GM, Stellantis failed to bargain in good faith
- The National Labor Relations Board said Friday it will investigate unfair labor practice charges filed by the United Auto Workers union against General Motors and Chrysler-parent Stellantis.
- 09/01/2023
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Ride the Domestic Auto Industry's Resilience With These 2 Stocks
- Thanks to robust demand, improving inventory and the surging popularity of EVs, the Zacks Domestic Auto industry is poised for a prosperous future. It's a good time to invest in top-ranked industry participants like GM and PCAR.
- 09/01/2023
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UAW lodges unfair labor practice complaint against GM, Stellantis
- Negotiations between automakers General Motors (GM) and Stellantis and the United Auto Workers Union (UAW) have hit a roadblock this week as negotiations for a new contract approach a two-week strike deadline. In a sign of escalating tensions, the United Auto Workers (UAW) union's president, Shawn Fain, has filed an unfair labor practice complaint against GM and Stellantis.
- 09/01/2023
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2 Warren Buffett Stocks That Are Screaming Buys in September, and 1 to Avoid Like the Plague
- The Oracle of Omaha has overseen a greater than 4,300,000% return in his company's Class A shares (BRK.A) since taking the reins. Two highly profitable, brand-name companies with long-term growth catalysts stand out as phenomenal buys right now.
- 09/01/2023
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United Auto Workers accuse GM, Stellantis of refusing to bargain in good faith
- With about two weeks to go before the United Auto Workers' contracts with the Big Three automakers expire, the union has accused General Motors and Stellantis of failing to bargain in good faith.
- 08/31/2023
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The 3 Most Promising EV Stocks to Own Now
- As always, the market has recently been abuzz with electric vehicle (EV) talk. Despite economic concerns, the EV market displays remarkable momentum, surpassing 10 million sales in 2022 and another 35% jump projected by the end of 2023.
- 08/31/2023
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UAW says it files unfair labor practice against GM, Stellantis
- The United Auto Workers union said on Thursday it filed unfair labor practice charges with the National Labor Relations Board against General Motors and Chrysler-parent Stellantis , saying they have refused to bargain in good faith.
- 08/31/2023
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UAW president says union has filed unfair labor practice charges against GM, Stellantis over contract talks
- The Thursday filings followed the companies not responding to the union's demands in a timely matter, UAW President Shawn Fain said.
- 08/31/2023
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Union alleges GM, Stellantis not bargaining in good faith
- United Auto Workers union President Shawn Fain said Thursday the union has filed an unfair labor practice complaint against General Motors and Stellantis, a new sign of how far apart the union and the automakers remain as they negotiate a new contract only two weeks before a strike deadline.
- 08/31/2023
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Buying a new car? Don't expect a bargain, even with more vehicles on dealership lots.
- As some U.S. automakers update markets on their August sales, higher inventories at dealerships are one reason new-car sales are expected to notch big gains year on year.
- 08/31/2023
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Detroit 3 Faces Strike Threat as UAW Grants Authorization
- The UAW votes in favor of authorizing a strike against Detroit Three automakers if a satisfactory contract is not reached by Sep 14.
- 08/31/2023
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The 7 Most Promising Warren Buffett Stocks to Own Now
- The man known as the Oracle of Omaha is 92 years old and about to turn 93, which tells you plenty about Warren Buffett stock picks. He's been at this investing thing for longer than many of you and your significant other have been alive.
- 08/30/2023
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Factbox: From UPS to Detroit Three automakers, US labor unions flex muscle
- A tight U.S. labor market, expiration of cyclical contracts and high living costs have triggered tough negotiations for pay hikes and other benefits by workers and strikes and protests across industries.
- 08/30/2023
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GM using Google-powered AI chatbots for its OnStar service
- Yahoo Finance's Pras Subramanian reports on General Motors using Google powered AI chatbots for its OnStar service. GM (GM) revealed what it has been up to with Google and its generative AI technology — using AI chatbots to do a number of tasks, even talking to customers via its OnStar in-car concierge.
- 08/29/2023
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General Motors to use Google AI chatbot for its OnStar service
- General Motors has found a new way to get in on the generative AI buzz. The automaker is now using Google Cloud's conversational chatbot, dubbed Dialogflow, to handle some non-emergency OnStar features.
- 08/29/2023
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Warren Buffett Just Sold These 3 Stocks. You Should Too.
- Warren Buffet is arguably the most successful investor of all time. And while he is known as both a value investor and a long-term, buy-and-hold market participant, he's not averse to selling a stock if it runs against him or the reasons why he bought shares in the first place turn out to be incorrect.
- 08/29/2023
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5 Stocks With Attractive Price-to-Book Ratio Worth a Look
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Select Medical Holdings Corporation (SEM), General Motors Company (GM), KB Financial Group (KB), StoneCo Ltd.
- 08/29/2023
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General Motors accelerates AI integration with Google Cloud
- General Motors (GM) revealed that it has struck a deal with Google Cloud to bring conversational AI technology into GM vehicles. Since its launch in 2022, GM's OnStar Interactive Virtual Assistant (IVA) has been enhanced by state-of-the-art intent-recognition algorithms powered by Google Cloud's conversational AI technologies.
- 08/29/2023
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GM, Google exploring AI use cases across automaker's business
- The partnership between expands upon previous work between the two companies on GM's OnStar Interactive Virtual Assistant.
- 08/29/2023
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Cruise is bringing its robotaxis to Seattle and Washington, DC
- Cruise, the self-driving subsidiary of General Motors, said Monday it has begun manual data collection in Seattle and Washington, DC, the first step toward launching commercial services in the cities. Data collection involves manually driving a robotaxi around to grab information on the local driving environment and climate.
- 08/28/2023
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3 EV Stocks That Every Bold Investor Should Own Now
- Whether you agree or not, electric vehicles (EV) are the future, and they are going to make a place for themselves on the road. China accounts for more than half of the total EV sales across the world, and the government aims to achieve carbon neutrality by 2060.
- 08/28/2023
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Canadian autoworkers at Ford, GM and Stellantis overwhelmingly approve strike mandate
- Canadian automakers have joined their U.S. counterparts in authorizing strike action should union negotiators fail to secure new collective agreements before they expire in the coming months.
- 08/28/2023
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Strike (Big) 3?
- A potential U.S. auto strike has significant implications for the economy, earnings and inflation. From January through July, there were 214 strikes in the U.S. involving 325,000 workers, compared to 130 strikes and 28,000 workers and 223 strikes and 76,000 workers in the same period of 2021 and 2022, respectively, according to the Cornell-ILR Labor Action Tracker.
- 08/28/2023
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Canadian union Unifor votes for strike mandate against Detroit Three automakers
- Canadian union Unifor said on Sunday that its members had voted for strike mandates against the Detroit Three automakers that would authorize their bargaining committees to take job action, if needed, to achieve fair collective agreements.
- 08/27/2023
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Self Driving Comes To San Francisco
- California regulators vote on allowing self-driving taxis in major cities, presenting a huge market opportunity in the industry. Waymo and Cruise are leading the self-driving market, while Tesla is falling behind. General Motors is higher-risk, higher-reward, while Google has more moderate risk.
- 08/27/2023
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Beyond Tesla: 3 Electric Vehicle Stocks You've Probably Overlooked
- Automakers around the world are working overtime to pivot to electric vehicles and phase out gasoline-powered models. The market for EVs looks enormous, with Fortune Business Insights forecasting that the value of the global EV market will reach $1.58 trillion annually by 2030.
- 08/26/2023
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‘DEVASTATING': Former Home Depot CEO warns about potential UAW strike
- Former Home Depot CEO Bob Nardelli weighs in on what could happen if United Auto Workers strike at three Detroit automakers and discusses the rise in retail theft. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
- 08/25/2023
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Auto workers vote to authorize strike against General Motors, Ford, and Stellantis
- Contracts between the Detroit car companies and the United Auto Workers are set to expire within weeks, setting the stage for a possible strike. LOUISVILLE, Ky.
- 08/25/2023
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150,000 Workers Vote to Authorize Strikes at Stellantis, GM, and Ford
- Union workers at General Motors Co. (GM), Stellantis N.V. (STLA) and Ford Motor Co. (F) voted almost unanimously to authorize a strike, bringing the automotive industry one step closer to a labor stoppage.
- 08/25/2023
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UAW Authorizes Strike Against Ford, GM. Yawn.
- The United Auto Workers voted overwhelmingly to authorize a strike against Detroit automakers. It was a widely expected move, and negotiations are ongoing.
- 08/25/2023
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UAW Union Approves Potential Strike At Ford, GM And Stellantis—Here's What A Strike Would Mean
- An overwhelming 97% of the UAW union's roughly 150,000 workers at Ford, General Motors and Stellantis voted in favor of the strike authorization.
- 08/25/2023
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GM Battery Plant Offers EV Workers Higher Wages After Solvent Leak
- Union workers at Ultium Cells, a battery plant joint venture between General Motors (GM) and LG Energy Solutions, have won a "breakthrough agreement" to hike wages, the United Auto Workers union announced Thursday.
- 08/25/2023
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UAW union authorizes strike at Detroit Three automakers as talks hit snag
- While strike authorization votes are a common bargaining tool in the US auto sector and other industries, the tension surrounding this year's contract talks in Detroit is new.
- 08/25/2023
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UAW votes to authorize Ford, GM, Stellantis strike after contract expires
- The United Auto Workers Union announced Friday its strike authorization vote passed with "near universal approval" from its 150,000 members at Ford, General Motors and Stellantis.
- 08/25/2023
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UAW members authorize strike at Detroit Three automakers
- Members of the United Auto Workers (UAW) union voted in favor of authorizing a strike at the Detroit Three automakers if an agreement over a new contract is not reached before the current one expires on Sept. 14, UAW President Shawn Fain said on Friday.
- 08/25/2023
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UAW workers overwhelmingly vote to authorize strikes at GM, Ford, Stellantis
- UAW members overwhelmingly granted union leaders authorization to strike during ongoing contract negotiations with GM, Ford and Stellantis, if warranted.
- 08/25/2023
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The Buffett List: 6 Dividend Buys In August
- This Buffett holdings list from Kiplinger first appeared 8/21/23 online. Kiplinger, YCharts and Dogs of The Dow all track this Buffett/Berkshire batch. Here is your update from 8/22/23 YCharts. 32 of 48 current Berkshire Hathaway-owned stocks pay dividends. As of 8/22/23, the top-ten ranged 2.87%-5.02% by annual yield and 45 of 48 ranged -0.16%-57.71% per broker-estimated target-price-upsides. Analyst-augured top-ten net gains from Buffett's August dividend dogs ranged 19.12%-56.48% from CVX, COF, DHI, LPX, KHC, BAC, PARA, ALLY, C, and top pick GM per YCharts data.
- 08/25/2023
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UAW members could approve possible strikes at GM, Ford and Stellantis
- The United Auto Workers union is preparing for possible strikes at the nation's three unionized automakers next month, as the union tries to win back many of the concessions it lost more than 15 years ago and protect members during the transition to electric vehicles in the years ahead.
- 08/25/2023
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GM's Ultium Cells agrees to big pay hike for EV battery workers
- Ultium Cells, a joint venture between General Motors Company (NYSE:GM) and LG Energy Solutions, has agreed to increase hourly wages for hundreds of workers at its Lordstown, Ohio, battery plant by between $3 and $4. The UAW union hailed the interim wage increase, which will also result in thousands of dollars of back pay, as a victory for workers who have been “organizing relentlessly to combat dangerous working conditions and appallingly low pay.
- 08/25/2023
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GM's Ultium agrees to increase EV battery worker pay by 25% on average
- Ultium, a joint venture with LG Energy Solution, is key for the automaker to increase its supply of batteries for its growing fleet of electric vehicles.
- 08/24/2023
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This EV company has a bigger market cap than Ford or GM. But you may not have heard of it.
- Shares of electric-vehicle startup VinFast Auto Ltd. have surged since the company went public through a special-purpose acquisition company deal last week, taking its market capitalization to levels well beyond established automakers such as Ford Motor Co. and General Motors Co.
- 08/24/2023
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7 Stocks Sitting At 52-Week Lows Right Now
- Winners and losers emerge from every earnings season. And this year's second quarter has been no different.
- 08/24/2023
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‘Robotaxis in urban settings are particularly challenging': What's next for self-driving cars? An expert weighs in.
- California regulators recently voted to allow a broad expansion of robotaxi services in San Francisco despite fierce opposition from city leaders. Alphabet Inc.'s GOOG, -1.34% GOOGL, -1.31% Waymo and General Motors Co.'s GM, -2.16% Cruise can now offer paid driverless rides across San Francisco at any time of day and using an unlimited number of vehicles.
- 08/24/2023
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Here are 16 stocks Jim Cramer is watching, including J&J split-off Kenvue, Petco, GM
- Here are some of the tickers on my radar for Thursday, Aug. 24, taken directly from my reporter's notebook.
- 08/24/2023
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Warren Buffett Dumps 45% of This Auto Stock: Time to Panic?
- Warren Buffett is an incredibly disciplined investor. Berkshire Hathaway was one of few willing to buy GM shares during the pandemic.
- 08/24/2023
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GM to cut 940 jobs, cease IT operations in Arizona
- General Motors said on Wednesday it will cut 940 information technology jobs in Arizona and cease IT operations in the state as it works to streamline operations and reduce costs.
- 08/23/2023
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GM's Ultium battery plant in talks for union wage boost - Bloomberg News
- The electric-vehicle joint venture between General Motors Co and LG Energy Solution , Ultium LLC, is working on a deal to raise wages at its Ohio battery plant, Bloomberg News reported, citing people familiar with the matter.
- 08/23/2023
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General Motors' (GM) Chemical Spill Under Investigation
- A chemical spill in General Motors' (GM) Ultium Cells battery plant is under investigation due to a hazardous solvent leak that presents an unreasonable risk to human health.
- 08/23/2023
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It's ‘crunch time' for unionized auto workers, but this is not UPS
- Talks between unionized workers and the Big Three auto makers are progressing slowly ahead of the current four-year contract's Sept. 14 expiration, in contrast with recent labor successes.
- 08/23/2023
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US agency probes chemical spill at battery plant owned by GM, LG Energy
- The U.S. workplace safety regulator said on Wednesday it was investigating a recent chemical solvent leak at an Ohio battery plant jointly owned by General Motors and South Korea's LG Energy Solution.
- 08/23/2023
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7 Blue-Chip Bargains to Grab Now at Their All-Time Lows
- It's wise to always be on the lookout for the best blue-chip stock bargains. In the stock market, prices surge and plummet with every passing headline.
- 08/23/2023
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/22/2023
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GM's Cruise to slash fleet of robotaxis by 50% in San Francisco after collisions
- California authorities have asked General Motors to "immediately" take some of its Cruse robotaxis off the road after autonomous vehicles were involved in two collisions -- including one with an active fire truck -- last week in San Francisco.
- 08/21/2023
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These Are the ONLY 7 Warren Buffett Stocks to Consider in August 2023
- With the market fading amid rising concerns about the Federal Reserve's ability to facilitate a soft landing for the economy, I've got to make a change to my original ideas for the “only” Warren Buffett stocks to buy. To break the fourth wall a bit, I hope you realize that I'm in no way advocating that I own the exclusive domain of what Warren Buffett stocks to buy (and by logical deduction, which ones to avoid).
- 08/21/2023
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GM's Cruise to slash robotaxi fleet in San Francisco by 50% after collisions
- The California Department of Motor Vehicles told CNBC that the start-up made the move after several road incidents involving self-driving taxis.
- 08/21/2023
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General Motors (GM) Slashes 200 Engineering Jobs, Cuts Fleet
- General Motors (GM) cuts 200 engineering jobs to reduce costs, and simplify vehicle orders and manufacturing processes. Meanwhile, the company's AV unit, Cruise, agrees to cut its fleet of robotaxis in half.
- 08/21/2023
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Driverless Cars Face Setbacks In San Francisco—Here's What To Know About The City's Problematic Robotaxi Rollout
- General Motors-owned Cruise has agreed to slash its number of self-driving taxis after a series of incidents involving the autonomous cars.
- 08/21/2023
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Fmr. Ford CEO Mark Fields on UAW strike vote: Wages don't really matter much if you don't have jobs
- Mark Fields, former Ford president and CEO, joins 'Squawk Box' to discuss the UAW's strike vote this week, the impact on the auto industry, and more.
- 08/21/2023
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GM's Crashing Taxi
- Other than electric vehicles (EVs), the next big thing on its way to revolutionizing the car industry is what is known as autonomous vehicles (AVs).
- 08/21/2023
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The 3 Most Undervalued Stocks to Buy Now: August 2023
- The market is always presenting opportunities for investors. While the magnitude of the opportunity can only be assessed in hindsight, sometimes bargains are too obvious to pass up.
- 08/20/2023
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Self-driving car company Cruise agreed to reduce its driverless fleet by 50% after a spate of recent crashes. San Francisco officials previously pushed for a slower rollout of robotaxis.
- California regulators recently approved 24/7 operation of driverless taxis in San Francisco. Traffic jams and collisions followed within a week of the approval.
- 08/19/2023
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GM's Cruise autonomous vehicle unit agrees to cut fleet in half after 2 crashes in San Francisco
- General Motors' Cruise autonomous vehicle unit has agreed to cut its fleet of San Francisco robotaxis in half as authorities investigate two recent crashes in the city.
- 08/19/2023
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Cruise will reduce robotaxi fleet by 50% in San Francisco while California DMV investigates ‘incidents'
- The move highlights the growing debate in San Francisco over driverless cars.
- 08/19/2023
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Cruise Agrees to Reduce Driverless Car Fleet in San Francisco After Crash
- A driverless Cruise taxi with a passenger collided with a fire truck Thursday night, just one week after state officials allowed the service to expand.
- 08/18/2023
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Cruise told by regulators to ‘immediately' reduce robotaxi fleet 50% following crash
- Cruise, the self-driving car subsidiary of GM, has been asked to reduce its robotaxi fleet by 50% in San Francisco following a crash Thursday night with a fire truck. The California Department of Motor Vehicles, the agency that regulates the testing and deployment of autonomous vehicles in the state, requested the reduction in operations.
- 08/18/2023
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Driverless buses begin cruising the streets of San Francisco's Treasure Island
- San Francisco has launched an autonomous-shuttle service — less than a week after California regulators approved the expansion of robotaxis despite traffic and safety concerns.
- 08/18/2023
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Cruise robotaxi gets in accident with San Francisco fire truck, one injured
- The Cruise self-driving car struck a fire truck around 10 PM and forced one passenger to be transported in an ambulance to local medical facilities.
- 08/18/2023
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The challenge for automakers is making EVs actually affordable: Fmr. Ford CEO Mark Fields
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
- 08/17/2023
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San Francisco asks state regulators to pause robotaxi rollout, reassess approval
- Less than a week after California regulators opened the floodgates to driverless robotaxis in San Francisco, the city has asked for that rollout to be suspended.
- 08/17/2023
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Cruise and Waymo see a surge in robotaxi app downloads
- Consumer interest in Cruise and Waymo's competing robotaxi services surged following a vote last week by the California Public Utilities Commission that allowed the two companies to expand and charge for their driverless car operations in San Francisco. Estimates from app intelligence provider data.
- 08/17/2023
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This Vietnamese automaker is worth more than Ford and GM. But it hasn't sold many cars
- Vietnamese electric vehicle company Vinfast is already more valuable than Ford and GM, based on its stock price, despite just entering the US market. But you may not have even heard of it. Here's what it's all about, and what's been happening with it.
- 08/17/2023
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General Motors (GM) & Mitra Chem to Boost EV Battery Tech
- General Motors (GM) ventures into AI-driven battery tech with Mitra Chem to develop affordable batteries for EVs.
- 08/17/2023
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Looming auto workers strike could cost $5 billion in just 10 days, new analysis says
- A work stoppage by nearly 150,000 UAW workers would result in an economic loss of more than $5 billion after 10 days, according to Anderson Economic Group.
- 08/17/2023
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Warren Buffett Slashes Stake in GM: Wall Street Analyst Dan Ives Says It's Likely Due to "Potentially Bumpy" EV Launch
- Berkshire cut its position in General Motors stock by 45% in Q2. Concerns about the company's EV launches may have spurred the sale.
- 08/17/2023
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I'm not that worried about a strike by the UAW, it's not a reason to sell, says Jim Cramer
- 'Mad Money' host Jim Cramer revisits the auto industry to look at the ongoing negotiations between auto companies and the UAW.
- 08/16/2023
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Cramer examines the potential fallout from a UAW strike but doesn't think auto shareholders should panic
- CNBC's Jim Cramer on Wednesday examined the potential ramifications a strike by the United Auto Workers union.
- 08/16/2023
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EV startup VinFast may be worth more than Ford and GM, but there's a catch
- Shares of EV startup VinFast Auto Ltd. have given back some of their stunning Nasdaq-debut gains, but the company's market capitalization has — on paper at least — jumped ahead of Ford Motor Co.'s and General Motors Co.'s market value.
- 08/16/2023
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Two auto industry CEOs on EV rentals, charging headwinds and EV demand
- General Motors CEO Mary Barra and Hertz CEO Stephen Scherr join 'Power Lunch' to discuss GM's investment in a battery materials company and the future of the EV market.
- 08/16/2023
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GM or FOXF: Which Is the Better Value Stock Right Now?
- Investors with an interest in Automotive - Domestic stocks have likely encountered both General Motors Company (GM) and Fox Factory Holding (FOXF). But which of these two stocks is more attractive to value investors?
- 08/16/2023
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GM partners with AI-powered battery materials startup Mitra Chem to develop cheaper EV batteries
- General Motors Company (NYSE:GM) (GM) is leading a $60 million financing round in AI-powered battery materials developer Mitra Chem. The California-based startup is developing new lithium iron phosphate (LFP) batteries for EVs, which are cheaper than other types of EV batteries that require more expensive materials such as cobalt and nickel but are less dense, meaning more cells are required.
- 08/16/2023
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GM partners with startup Mitra Chem to develop affordable EV batteries
- General Motors is leading a $60 million Series B round into Mitra Chem, a battery materials startup promising to help build more affordable and accessible EV batteries for future GM vehicles. Battery innovations are crucial for automakers seeking to lower electric vehicle costs and promote widespread consumer adoption.
- 08/16/2023
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The 3 Most Undervalued Cathie Wood Stocks to Buy Now: August 2023
- Cathie Wood had a rough few years. Her flagship fund, the ARK Innovation ETF (NYSEARCA: ARKK ), hit an all-time high of $156 in 2021 before crashing back to Earth.
- 08/16/2023
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GM backs EV battery startup as it shifts future focus to cheaper materials
- General Motors is investing in a Silicon Valley startup to help it speed development of a more affordable battery chemistry for its future electric vehicles, the company said on Wednesday.
- 08/16/2023
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General Motors is investing in a startup working on better and cheaper EV batteries
- GM is leading a $60 million funding round in Mitra Chem, a battery startup founded by Tesla and Toyota veterans that aims to make cheaper EV batteries.
- 08/16/2023
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New Strong Buy Stocks for August 16th
- GM, IBN, PIRS, GPI and MBWM have been added to the Zacks Rank #1 (Strong Buy) List on August 16, 2023.
- 08/16/2023
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Best Income Stocks to Buy for August 16th
- GTY, MBWM and GM made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 16, 2023.
- 08/16/2023
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Vietnamese EV maker VinFast is now worth more than Ford and GM after Nasdaq debut
- On Tuesday, the Vietnamese electric vehicle maker listed on Nasdaq following the completion of its merger.
- 08/16/2023
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Best Value Stocks to Buy for August 16th
- CRBG, GM and GPI made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 16, 2023.
- 08/16/2023
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VinFast Nasdaq debut sees EV maker valued higher than Ford and General Motors
- VinFast ended its first day on the Nasdaq stock exchange firing on all cylinders, as a hefty increase in value saw the electric vehicle maker worth more than some auto giants. VinFast had agreed a US$10 per share debut price with special acquisition partner Black Spade Acquisition, but as the market opened on Tuesday the stock had already hit US$22.
- 08/16/2023
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UAW to vote on strike authorization next week; union chief says talks with automakers moving slowly
- DETROIT — About 146,000 members of the United Auto Workers union will vote next week whether to authorize their leaders to call strikes against the Detroit automakers.
- 08/15/2023
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On the streets of San Francisco, will robotaxis run amok or aground?
- The caravans of driverless cars from Cruise and Waymo are about to get much bigger — in spite of a rash of accidents and incidents including the cars frequently stopping in the middle of the road, driving through police crime tape and, in one recent case, striking and killing a dog.
- 08/15/2023
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United Auto Workers union prepares strike authorization vote for next week at Detroit automakers
- The United Auto Workers union said Tuesday it is making plans for its 150,000 members at Ford, General Motors and Stellantis to vote next week on strike authorization.
- 08/15/2023
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UAW workers may vote on strike at Detroit Three automakers next week
- Union members are planning to vote on a strike at Detroit Three automakers next week, the United Auto Workers (UAW) said on Tuesday, as it pushes the companies to reach new contract terms by Sept. 14 deadline.
- 08/15/2023
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UAW Plans to Hold a Strike Authorization Vote
- The union plans to hold a strike authorization vote next week with its labor contracts set to expire Sept. 14.
- 08/15/2023
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5 Things to Know Before Markets Open
- Consumer spending is expected to tick higher for the fourth straight month, while Home Depot sales fall as consumers pull back on big-ticket items. Here's what investors need to know today.
- 08/15/2023
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3 Momentum Stocks Worth a Buy Banking on the Driehaus Strategy
- Astute investors should apply the Driehaus strategy for picking the best momentum stocks. It is known as the “buy high and sell higher” theory.
- 08/15/2023
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This Incredible EV Stock Is a No-Brainer Buy
- GM has a cash-rich balance sheet, allowing it to invest heavily in EVs and autonomous driving. The EV business is expected to generate $50 billion in annual revenue by 2025.
- 08/15/2023
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General Motors: Good Financial Results Do Not Offset The Ongoing Risks
- General Motors is the 4th largest automobile manufacturer in the world by revenue. GM's financial metrics for the last year show positive results, including increased revenue and improved debt/EBITDA ratio. Analysts have a positive outlook on GM's prospects, with consistent "Buy" ratings and optimistic views on the company's future.
- 08/15/2023
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Warren Buffett betting on big homebuilders while cutting GM stake
- The investments were disclosed in a regulatory filing that detailed Berkshire's US-listed stock holdings, which comprise most of its $353.4 billion equity portfolio, as of June 30.
- 08/14/2023
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Retail Sales, Home Depot Q2 On Deck
- We await tomorrow morning's results on July Retail Sales and Import Prices, which are both expected to increase month over month.
- 08/14/2023
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Buffett bet on home builders and retreated from videogames during the second quarter
- Warren Buffett's Berkshire Hathaway Inc. took new stakes in home builders, bulked up on Capital One Financial Corp. and backed away from Activision Blizzard Inc. in the second quarter, according to quarterly disclosures filed on Monday.
- 08/14/2023
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Warren Buffett's Berkshire Hathaway bet on 3 homebuilders - and sold and slashed a bunch of stocks last quarter
- Warren Buffett's Berkshire Hathaway added a trio of homebuilders to its portfolio last quarter. The investor's company exited three stocks and slashed several of its positions, SEC filings show.
- 08/14/2023
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Berkshire Buys Stake in D.R. Horton, Cuts GM Holding in 2nd Quarter
- Berkshire Hathaway also added to its investment in Capital One Financial and eliminated a position in McKesson.
- 08/14/2023
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Biden urges 'fair agreement' between UAW and Detroit automakers that avoids plant closures
- Biden's statement comes as the UAW has withheld a reelection endorsement for the president.
- 08/14/2023
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Cruise vehicles cause weekend traffic jam one day after California approves 24-7 robotaxi service
- California regulators voted Thursday to approve round-the-clock robotaxi service in San Francisco from Waymo and Cruise.
- 08/14/2023
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How much would a strike cost the Big Three automakers? Wall Street thinks it has an answer.
- Wall Street got busy Monday calculating the impact of a strike on the Big Three automakers amid increasingly fraught labor negotiations between union workers and companies, and a “greater likelihood” of a walkout next month.
- 08/14/2023
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Biden urges UAW and Big Three automakers to reach deal to avoid strike
- President Joe Biden sought to ramp up pressure on the United Auto Workers union and the nation's three unionized automakers -- Ford, General Motors, and Stellantis, known as the "Big Three" -- one month ahead of a critical deadline for labor talks.
- 08/14/2023
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Biden urges UAW and Detroit automakers to reach ‘fair agreement'
- President Joe Biden on Monday urged the United Auto Workers and Detroit's Big Three automakers to forge a deal, a month before the union's worker contracts expire.
- 08/14/2023
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United Auto Workers negotiations continue with Ford, GM, and Stellantis
- Yahoo Finance Reporter Pras Subramanian breaks down the UAW's demands and the potential impact of the new contract on the auto industry.
- 08/14/2023
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The 3 Most Undervalued Auto Stocks to Buy Now: August 2023
- When pinpointing undervalued auto stocks, many investors' minds race straight to the iconic giants of the industry. Yet, as electric vehicle (EV) makers charge into the arena, we're reminded that every automaker, whether a legacy brand or an upstart, can offer genuine investment merits.
- 08/14/2023
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5 Low Price-to-Book Stocks to Buy in August
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Ford Motor Company (F), General Motors Company (GM), NOV Inc (NOV), StoneCo Ltd.
- 08/14/2023
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Cruise and Waymo score a win and a surprising deal between electric aircraft rivals
- Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. All eyes were on San Francisco this week as critics and supporters of deploying self-driving cars on public roads awaited a vote from the California Public Utilities Commission.
- 08/13/2023
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GM president on the Cadillac Escalade IQ EV: The demand for luxury EVs 'is here'
- General Motors President Mark Reuss spoke with Yahoo Finance's Pras Subramanian about the new Cadillac Escalade IQ EV and the negotiations with the United Auto Workers Union as the contract deadline nears in mid-September.
- 08/13/2023
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The Numbers Lied: GM Is Beating Ford in EVs
- Ford beat GM by more than 50% in U.S. electric vehicle deliveries last year, but GM has amassed a big lead in 2023. GM is poised for exponential growth in EV sales as new models based on its Ultium platform hit the market.
- 08/13/2023
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GM/Cruise Is Off And Running. Get Onboard
- California Public Utilities Commission approves Cruise and Waymo to offer paid rides in autonomous vehicles without drivers in San Francisco. This is a critical proof point for Cruise's technology and market acceptance, which will launch its autonomous ride-hailing service (ARS). Cruise plans to expand into eight more metropolitan areas by the end of the year, projecting significant revenue growth for GM.
- 08/13/2023
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3 Top Electric Vehicle (EV) News Stories of the Week
- Tesla got a new CFO following the surprise (at least to investors) resignation of its former financial leader. Rivian beat Q2 revenue and earnings expectations and raised its 2023 production guidance.
- 08/12/2023
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3 Warren Buffett Stocks to Buy Hand Over Fist in August
- Improving profitability is sending Amazon's shares soaring. Kraft Heinz is an undervalued stock and offers a high dividend yield.
- 08/12/2023
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Ford and GM stocks under pressure; Walmart stock rises to record close; China's ADRs slide
- Yahoo Finance anchors break down the top stories for August 11, 2023 including Ford (F) and General Motors (GM) both under pressure amid labor contract negotiations with the United Auto Workers (UAW). Walmart (WMT) stock rises, locking in a fourth record close this month, as the company is set to report earnings next week.
- 08/11/2023
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California regulators vote to allow driverless taxis to work in San Francisco
- NBC's Bigad Shaban joins 'Power Lunch' to discuss challenges to San Francisco's driverless taxi regulation, companies charging fees to ride in driverless vehicles, and more.
- 08/11/2023
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Top Calls: Union Strike Looms for Automakers
- David Whiston, Morningstar Research US Autos Equity Analyst joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
- 08/11/2023
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Cruise CEO on Expanding San Francisco Robotaxis
- Cruise CEO Kyle Vogt gives his reaction to regulators voting in favor of letting robotaxi operators expand their paid driverless services in San Francisco. He also tells Bloomberg's Ed Ludlow how the company has been ramping up operations and provided 15,000 autonomous rides last week.
- 08/11/2023
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UAW threatens strike against Ford, GM and Stellantis
- Yahoo Finance anchors Brad Smith, Julie Hyman, and Pras Subramanian discuss the tensions rising between the United Auto Workers Union and Ford, General Motors, and Stellantis as the union contract is set to expire in mid September.
- 08/11/2023
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Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
- Alphabet's Waymo and General Motor's Cruise received regulatory approval to expand their robotaxi services to offer driverless ride-hailing services 24/7 across San Francisco.
- 08/11/2023
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General Motors (GM) & Ford (F) Decline Amid Union Demands
- Shares of General Motors (GM) and Ford (F) take a hit as the UAW presses for massive wage hikes and benefits, potentially adding $80 billion in costs.
- 08/11/2023
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Warren Buffett Owns 40 Million Shares of This Automaker -- Is It Poised to Pop?
- GM expects its EV program to have mid-single-digit EBIT profit margins in 2025. While investing billions in EVs, GM is still thriving and raised full-year guidance.
- 08/11/2023
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5 Things to Know Before Markets Open
- The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here's what investors need to know today.
- 08/11/2023
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Regulators open floodgates for driverless taxis in San Francisco, whether they're wanted or not
- State regulators on Thursday opened the floodgates for more robotaxis on the streets of San Francisco.
- 08/11/2023
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United Auto Workers' contract talks with Detroit automakers heat up as strike threat looms
- Tensions are rising in the UAW's negotiations with Detroit's Big Three automakers after the union rejected Stellantis' contract offer and doubled down on threats to strike.
- 08/11/2023
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Alphabet, GM Get Green Light for Robotaxi Fleets in San Francisco
- The California Public Utilities Commission voted to allow GM's Cruise and Google's Waymo to offer paid rides in driverless vehicles across the city at all hours of the day with an unlimited number of vehicles.
- 08/11/2023
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5 Signs a Market Bounce May Be Imminent
- The market has changed its character recently. However, several factors suggest that the recent decline in stocks may be close to over.
- 08/10/2023
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3 Auto Stocks to Buy for Growth & Value
- Investors will not want to overlook these automakers as their growth stories and valuations are very attractive.
- 08/10/2023
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GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
- General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.
- 08/10/2023
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General Motors (GM) Unveils New 2025 Cadillac Escalade IQ
- General Motors' (GM) new 2025 Cadillac Escalade IQ is likely to make its debut in showrooms late next summer.
- 08/10/2023
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Pick These 4 Low P/CF Stocks to Spruce Up Your Portfolio
- Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. Corebridge (CRBG), General Motors (GM).
- 08/10/2023
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Best Value Stocks to Buy for August 10th
- SHG, GM and GPI made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 10, 2023.
- 08/10/2023
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2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
- Visa and Mastercard possess attractive qualities that investors should appreciate. GM posted strong Q2 results, but the business is challenged from a financial perspective.
- 08/10/2023
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New Strong Buy Stocks for August 10th
- GM, KB, CRBG, AXS and HAE have been added to the Zacks Rank #1 (Strong Buy) List on August 10, 2023.
- 08/10/2023
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7 Blue-Chip Stocks to Buy at an All-Time Low in August
- August started with a whimper, as the recent stock rally receded. After hitting an end-of-July $457 high, the SPDR S&P 500 ETF (NYSEARCA: SPY ) pared back its gains and fell about 2% with plenty of intraday volatility on the charts.
- 08/09/2023
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California regulators to decide the future of Cruise and Waymo
- The California Public Utilities Commission (CPUC) is scheduled Thursday to make a high-stakes vote that will determine the commercial future for autonomous vehicle technology companies Cruise and Waymo — not to mention any other AV company with aspirations to launch commercial robotaxi services in the state.
- 08/09/2023
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GM Says the $130,000 Electric Escalade Sets New Standard
- General Motors Co. on Wednesday unveiled plans to build an all-electric Cadillac Escalade. The EscaladeIQ will cost $130,000 and include a 55-inch digital dashboard and a range of 450 miles.
- 08/09/2023
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Here's a first look at GM's new all-electric Cadillac Escalade IQ, starting at $130,000
- The 2025 Cadillac Escalade IQ is a new all-electric SUV with more power than the current supercharged V-8 model and an estimated range of 450 miles.
- 08/09/2023
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General Motors (GM) to Offer V2H Charging for Ultium EV Lineup
- General Motors' (GM) expansion of vehicle-to-home bidirectional charging technology represents a significant stride in the electric mobility landscape.
- 08/09/2023
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7 Companies Leading the Way in Advanced AI and Robotics
- Many attribute the recent stock surge to AI stock popularity. At the same time, it's crucial to note that numerous companies are working silently beneath the radar.
- 08/08/2023
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GM Stock Alert: General Motors Wants Its EVs to Power Your Home
- Will electric vehicles (EVs) be able to power an entire home before the end of the decade? That question might have seemed absurd a few years ago.
- 08/08/2023
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Cruise inches into Waymo's territory in the Phoenix area
- Cruise, the self-driving subsidiary of General Motors, has expanded its robotaxi radius in the Phoenix area by 20x as it seeks to compete with Alphabet-owned Waymo in its home court. Cruise soft-launched its robotaxi service in Chandler, a city southeast of Phoenix, in December 2022.
- 08/08/2023
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Electric Cadillac Escalade to test GM's EV strategy, cash machine
- GM has called the Escalade IQ, which is expected to share little to nothing with the traditional models, the "reinvention of an icon."
- 08/08/2023
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Former Ford CEO Mark Fields on UAW negotiations: They want to go back to 20th century benefits
- Mark Fields, former Ford Motor president and CEO, joins 'Squawk Box' to discuss the latest in contract negotiations between the UAW and the Big 3 automakers, what a potential strike would mean, and more.
- 08/08/2023
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7 Most Undervalued Stocks to Buy Now
- Now's the time to start looking for undervalued stocks to buy. The stock market has slumped to start the month of August, with the benchmark S&P 500 index down nearly 3% since July 31.
- 08/07/2023
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GM's BrightDrop to expand commercial EV business to Mexico
- BrightDrop, GM's commercial EV delivery business unit, announced Monday plans to expand sales of its flagship electric vans to Mexico. The first two products coming to Mexico are the BrightDrop Zevo 400 and BrightDrop Zevo 600, according to the company.
- 08/07/2023
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Cruise begins testing self-driving vehicles in Atlanta
- Cruise said Monday it has started testing its self-driving vehicles in Atlanta as the company continues its ambitious plan to launch its robotaxi service in multiple cities. The announcement confirms previous reporting by TechCrunch that Atlanta would be the next city to see Cruise vehicles on public roads.
- 08/07/2023
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EPA's ambitious plan to cut auto emissions to slow climate change runs into skepticism
- DETROIT — The U.S. government's most ambitious plan ever to slash planet-warming greenhouse gas emissions from passenger vehicles faces skepticism both about how realistic it is and whether it goes far enough.
- 08/06/2023
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3 Cheap Long-Term Stocks That Smart Investors Will Snap Up Now
- Warren Buffett famously said for investors to be “fearful when others are greedy, and greedy when others are fearful.” This has become the mantra for investors looking for cheap long-term stocks.
- 08/06/2023
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Top Wall Street analysts are banking on these stocks for solid returns
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Meta & Domino's
- 08/06/2023
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Auto stocks drive lower as UAW lays out double-digit pay raise demands
- CNBC's Phil LeBeau joins 'Fast Money' to talk UAW's initial demands and the impact it is having on auto stocks.
- 08/04/2023
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GM vows to boost jobs next year despite EV shift
- General Motors said Friday it plans to boost employment next year despite concerns raised by autoworkers that the shift to electric vehicles will reduce labor needs.
- 08/04/2023
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GM stock gets rating downgrade to sell on ‘growing risk' of UAW strike
- CFRA analyst Garrett Nelson on Friday cut his rating on General Motors Co.'s stock GM, -0.07% to “strong sell,” from the equivalent of neutral, on the increased risk of a United Auto Workers strike. Nelson also cut his 12-month price target on GM stock to $28, from $40, representing a 24% downside over Friday prices.
- 08/04/2023
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UAW seeks 40% pay increase from auto makers: WSJ
- The United Auto Workers union is asking the big Detroit auto makers to raise factory workers' pay by 40% for a new four-year labor contract, the Wall Street Journal reported on Thursday. The demand from the union — which represents around 150,000 hourly employees at General Motors Co. GM, -1.26%, Ford Motor Co. F, +0.46% and Stellantis STLA, -0.51% — follows signs of a tougher stance from union leadership on the talks ahead of a Sept.
- 08/03/2023
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GM criticizes autoworkers union's contract demands
- General Motors on Thursday said it expects to offer union workers higher wages but granting the United Auto Workers' ambitious contract demands would hurt its ability to make sound business decisions.
- 08/03/2023
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UAW Demands 40% Pay Hike in Labor Talks With Detroit Automakers
- The United Auto Workers union is pressing for the substantial wage increase for factory workers at GM, Ford and Stellantis.
- 08/03/2023
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Buy Alert: 3 Battery Stocks Nearing Super Attractive Entry Points
- The battery market is a dynamic and fast-growing sector driven by increased demand from both governments and consumers alike for clean energy and transportation. Capturing market share in this sector requires competitive technology and access to lithium, nickel and cobalt.
- 08/03/2023
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GM's Cruise says it's reached the robotaxi industry's first union agreements
- Cruise, General Motors' robotaxi unit, said on Thursday it had signed the driverless car industry's first labor union agreements, a significant milestone as unions and robotaxi firms have historically been at odds.
- 08/03/2023
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GM JV battery firm rejects including Ohio workers under national agreement
- A General Motors LG Energy Solution battery joint venture on Wednesday said it does not see any path for workers at its Ohio plant to be covered under a national labor agreement, rejecting a push by Democratic U.S. senators.
- 08/02/2023
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Automobile ETFs in the Spotlight After Upbeat Q2 Earnings
- Capitalize on the upbeat Q2 earnings of the Automobile companies with these ETFs.
- 08/02/2023
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GM is bringing back the Bolt. What do we know so far about the updated EV?
- General Motors Co. has done a U-turn on the Chevy Bolt, promising to bring back the relatively affordable electric vehicle that it just killed a few months back. That may say more about GM's long-term EV marketing goals than about profits in the here and now.
- 08/02/2023
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GM recalls more vehicles with Takata air bag inflators that could explode
- General Motors said Tuesday is recalling almost 900 vehicles worldwide because the Takata-made air bag inflator may explode, potentially striking drivers and passengers with sharp metal fragments.
- 08/01/2023
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GM issues new Takata recall covering over 900 vehicles
- General Motors Co said Tuesday it will recall just over 900 older vehicles worldwide with Takata air bag inflators that could rupture after an incident in Brazil.
- 08/01/2023
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This EV Stock Looks Like a Massive Bargain After Earnings
- Could this be the best way to invest in the EV revolution?
- 08/01/2023
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Which EV Stock Is an Attractive Pick at Current Levels?
- Recently reported results of several electric vehicle (EV) makers indicated that EV sales have been resilient so far this year, despite persistent macroeconomic challenges. Government incentives and price cuts by most EV makers have driven higher volumes.
- 07/31/2023
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GM begins shipping a pricier-than-expected Chevy Blazer EV
- The Chevrolet Blazer EV, a battery electric SUV that is part of GM's bid to surpass Tesla in U.S. EV sales by 2025, is headed to dealerships. The automaker said Monday that the first 2024 Chevrolet Blazer EVs have started shipping from GM's factory in Ramos Arizpe, Mexico.
- 07/31/2023
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The Electric Chevy Blazer Begins Shipping. It's an Important Car for GM.
- General Motors announces it has started shipping the all-electric version of its popular Chevy Blazer. It's a big deal for the Detroit auto maker.
- 07/31/2023
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If You Can Only Buy One Dividend Stock, It Better Be One of These 7 Names
- It's nice to own stocks that are well-positioned to rally and pay you for waiting for them to do so. That's especially true for older investors who want to buy stocks, and generate income.
- 07/30/2023
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You'll Be Shocked at How Cheap This Robotaxi Will Be
- This autonomous robotaxi will soon be cheaper than Uber.
- 07/30/2023
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Call Option Buyers Flock to GM After Its Beat-and-Raise Results
- After General Motors (US:GM) delivered “beat-and-raise” second-quarter results on the morning of July 25, GM stock is nonetheless well below the levels at which it closed on July 24.
- 07/28/2023
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Feds propose 18% fuel-economy increase — to 43.5 MPG — for new vehicles by 2032
- The U.S. government is proposing an 18% increase in the requirement for new-vehicle fuel economy beginning with the 2027 model year and fully enforced by the 2032 model year.
- 07/28/2023
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GM Is Next Up to Face Labor Strife. It Could Present a Buying Opportunity in the Stock.
- Both the possibility of a strike and reaching a deal can create problems as investors first ignore the possibility of a work stoppage, then worry about one happening, and then worry about the higher costs of a new contract.
- 07/28/2023
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LKQ Shares Fall Despite Q2 Earnings Beat on Trimmed '23 View
- LKQ's Q2 earnings beat estimates but remain flat year over year. Meanwhile, revenues top the mark as well as increase year over year.
- 07/28/2023
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1 Green Flag for GM Stock, and 1 Obvious Red Flag
- GM shares have been a disappointing long-term investment. It's registering impressive growth, and management just raised guidance.
- 07/28/2023
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Is GM an Excellent Dividend Stock to Buy Now?
- GM's latest data reveal that the good times keep rolling for the legacy automaker.
- 07/28/2023
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Ford takes a jab at from-the-brink GM Bolt, says it will make more hybrids
- Ford Motor Co.'s solid beat-and-raise late Thursday took a backseat to concerns about the automaker's delayed EV production goals, but that didn't stop Ford's top executive from talking about an often-forgotten side of the EV market — and take a small swing at a recent General Motors Co. action.
- 07/27/2023
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GM warns US emissions rules could cost industry $100 billion in penalties in 2031
- General Motors warned the Biden administration's vehicle emissions rules could cost the auto industry $100 billion in penalties in 2031, and $300 billion over a five-year period, according to a document made public this week.
- 07/27/2023
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Final Trades: GM, Charter, Live Nation & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 07/27/2023
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Looking For A Pure-Play Nickel ETF? Sprotts' NIKL Fund Holds 28 Miners, Including One Supplier To Tesla, GM - Sprott Nickel Miners ETF (NASDAQ:NIKL)
- With the transition to clean energy running in full gear, the minerals and metals powering the EV battery supply chain are in focus.
- 07/27/2023
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3 Autonomous Driving Stocks to Buy Before Elon Musk Goes All In
- In 2021, many investors learned a painful lesson that the time it would take to make self-driving cars a reality didn't match up to the hype. But that doesn't change the fact that the underlying technology behind autonomous driving is still sound.
- 07/27/2023
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GM, BMW among 7 automakers joining forces to create a high powered EV charging network
- Yahoo Finance's Pras Subramanian reports on 7 automakers including General Motors, BMW, Honda, Hyundai, KIA, Stellantis, and Mercedes that are joining forces to create an EV charging network.
- 07/26/2023
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GM, Honda, Hyundai, other major automakers announce plan to build electric vehicle charging network
- Seven top automakers announced Wednesday their intentions to build a high-powered charging network with at least 30,000 chargers across the U.S. and Canada.
- 07/26/2023
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General Motors: No Dividend Raise For Now
- General Motors has announced another 9-cent per share quarterly payout, disappointing investors who were hoping for an increase. Despite beating Q2 estimates and raising guidance, GM currently has an annual yield of just 0.95%, well below that of competitor Ford and US fixed income instruments. GM has instead been buying back shares, which has reduced its outstanding share count nicely over the past year.
- 07/26/2023
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GM, Hyundai and others to build 30,000 fast EV chargers in challenge to Tesla
- Seven major automakers are combining efforts to expand a network of fast-charging electric-vehicle hookups in North America meant to mimic Tesla's Superchargers and to take advantage of Biden-administration subsidies.
- 07/26/2023
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New-car sales expected to be up again in July, with no sign of a pinch from higher interest rates
- Analysts at Cox Automotive on Wednesday called for a 15.3% jump in new-car sales in July, saying it is shaping up to be another solid month for new cars as inventories improve.
- 07/26/2023
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General Motors exits 2Q in strong position with EV story ‘well underway'
- The second quarter marked another positive step by General Motors (GM) towards the electric vehicle (EV) transformation, analysts at Wedbush believe. “We believe this quarter was a big step forward for [CEO Mary] Barra & Co. as the company continues to focus on margins and growth targets during a crucial time for the industry, further proving to the Street that the EV story is well underway,” the analysts wrote in a note to clients.
- 07/26/2023
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Seven major automakers, including GM, Stellantis and Honda, join to create US charging network
- Seven major automakers are coming together to create a joint venture that will build out a large electric vehicle fast-charging network in the North America, in an attempt to make electric vehicles more attractive to consumers. The companies -- General Motors, BMW Group, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis -- plan to install at least 30,000 chargers in the United States and Canada.
- 07/26/2023
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GM, BMW, Honda, Mercedes to launch electric vehicle charging network to challenge Tesla
- The dramatic move is intended to speed the adoption of electric vehicles, allaying fears that chargers won't be available for long distance travel.
- 07/26/2023
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G.M. and Other Automakers Will Build 30,000 Electric Vehicle Chargers
- The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.
- 07/26/2023
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General Motors Boosts Guidance: Time to Buy the Stock?
- After a strong second quarter, GM raised its outlook for 2023. The company remains on track to greatly increase production of EVs over the next few years.
- 07/26/2023
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Buy 4 July Buffett Dividend Dogs And Watch 4 More
- This Warren Buffett holdings list from Kiplinger first appeared 5/20/23 online. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 7/21/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 7/21/23, the top ten ranged 2.95%-8.52% by annual-yield and 46 of 48 ranged -25.29% to 39.55% per broker-estimated target price upsides. Analyst-augured top-ten net-gains from Buffett's July dividend dogs ranged 10.64%-31.19% from MA, KO, V, BAC, ALLY, CVX, C, PARA, KHC, and top pick GM per YCharts data.
- 07/25/2023
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GM confirms the return of Chevy Bolt on earnings call
- Yahoo Finance's Pras Subramanian, Allie Canal, and Akiko Fujita report on General Motors confirming the Chevy Bolt EV is returning in the company's second quarter earnings call.
- 07/25/2023
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GM to add battery module assembly to some North American EV plants
- General Motors will begin assembling electric vehicle battery packs near its BrightDrop commercial van plant in Ingersoll, Ontario, in the second quarter of 2024, the company said Tuesday, and will add pack assembly at other North American plants.
- 07/25/2023
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The bull case for GM: Shares jump 14% year-to-date
- Michael Ward, The Benchmark Company, joins 'Power Lunch' to discuss the auto sector and his buy rating on GE as its shares trade lower.
- 07/25/2023
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GM Shares Down on EV, Cost Cutting Concerns Despite Strong Outlook
- General Motors (GM) posted better-than-expected results and raised its outlook again, but concerns about the carmaker's cost cutting and electric vehicle (EV) production sent shares lower.
- 07/25/2023
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Trending stocks July 25, 2023: General Motors, Raytheon
- Yahoo Finance's Jared Blikre reports the latest news behind General Motors and Raytheon stock moves for July 25, 2023.
- 07/25/2023
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Wall Street Lunch: Big Bear Spies AI Bubble
- Is there an AI bubble building in stocks or a cash generating machine? Verizon maintains its full-year earnings forecast.
- 07/25/2023
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General Motors: Key takeaways from the Q2 earnings call, revenue up 25%
- Yahoo Finance Senior Reporter Pras Subramanian breaks down the latest news from the General Motors earnings call.
- 07/25/2023
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General Motors (GM) Q2 Earnings Beat on GMNA Unit Strength
- General Motors' (GM) North America unit registers revenues of $37,220 million, up 29.4% year over year, and beats our model projection of $33,283.4 million, courtesy of higher-than-expected deliveries.
- 07/25/2023
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15 value-stock picks for momentum investors from a money manager who has outperformed the S&P 500 for 30 years
- During the first five months of 2023, there were investors who had difficulty believing in a sustained stock-market rally because the action was dominated by the largest technology companies. But the breadth of participation in the rally has expanded since then.
- 07/25/2023
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GM isn't going to kill off the Chevy Bolt EV after all
- GM's best-selling EV is sticking around after all. GM Chair and CEO Mary Barra said Tuesday during the company's quarterly earnings call that the company will produce a next-generation Chevrolet Bolt EV outfitted with its new Ultium architecture that includes a new battery cell design.
- 07/25/2023
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General Motors Q2 earnings: ‘market can't ignore fundamentals too long'
- General Motors Company (NYSE: GM) is in the red this morning even though it reported a strong second quarter. CFO Jacobson reacts to the earnings print The price action is all the more interesting considering the automaker raised its guidance for the full year as well.
- 07/25/2023
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GM blames supplier for slow EV production, says Chevy Bolt EV will live on
- General Motors CEO Mary Barra blamed a supplier of automation equipment for the slow ramp of its new electric vehicles.
- 07/25/2023
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We're in a 'make-or-break' moment for the EV industry, says former Ford CEO Mark Fields
- Mark Fields, former Ford president and CEO, joins 'Squawk Box' to discuss General Motors' Q2 earnings results, the state of the EV market, and more.
- 07/25/2023
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General Motors Company (GM) Q2 Earnings and Revenues Surpass Estimates
- General Motors Company (GM) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $1.14 per share a year ago.
- 07/25/2023
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GM earnings soar
- General Motors reported its second-quarter earnings surged 59%, and the company raised its full-year profit outlook.
- 07/25/2023
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General Motors raises full-year guidance, announces deeper cost cuts
- CNBC's Phil LeBeau joins 'Squawk Box' to report on the company's quarterly earnings results.
- 07/25/2023
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General Motors reports 2Q earnings beat on demand for new models
- General Motors Company (NYSE:GM) has raised its full-year earnings guidance for a second time after reporting a better-than-expected second quarter due to a strong response to new trucks and SUVs including the Chevrolet Trax, the Chevrolet Montana and the GMC Sierra HD. For the three months to June 30, 2023, the auto maker reported revenue of $44.7 billion, up 25% from the same quarter last year.
- 07/25/2023
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5 Things to Know Before Markets Open
- GM shares climb as the automaker raises its guidance and cuts costs, while shares of Spotify advance after reporting a growing user base and raising prices on its services. Here's what investors need to know today.
- 07/25/2023
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GM tops Q2 earnings estimates and raises guidance for the second time this year
- General Motors Co. posted better-than-expected second-quarter earnings on Tuesday, despite a charge relating to a recall, and raised its guidance for the second time this year. The Detroit-based car maker had net income of $2.566 billion, or $1.83 a share, for the quarter, up from $1.692 billion, or $1.14 a share, in the year-earlier period.
- 07/25/2023
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GM puts profit ahead of growth, veering away from Tesla
- General Motors lifted its full-year profit guidance on Tuesday, in large part because it plans to invest less in new products and cut operating costs by an additional $1 billion through the end of next year.
- 07/25/2023
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General Motors is set to report earnings before the bell. Here's what Wall Street expects
- The Detroit automaker is expected to report solid results, driven by favorable industry trends of high new vehicle prices and increased sales and production.
- 07/25/2023
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Dow Up 10 Straight Sessions; NXPI Beats, WHR Mixed
- NXP Semi topped estimates on both top and bottom lines, while Whirlpool beat easily on earnings but missed on revenues.
- 07/24/2023
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GM earnings: What to expect as automaker updates market on EV lineup, potential outlook raise
- General Motors Co. is slated to report second-quarter earnings before the bell on Tuesday, with Wall Street expecting an update about the carmaker's electric vehicles and a potential outlook raise.
- 07/24/2023
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General Motors (GM) Q2 Earnings to Get a Boost From GMNA Unit
- Our projection for General Motors' (GM) Q2 revenues from its North America unit is pegged at $33,283.4 million, indicating a rise from $28,760 million recorded in the year-ago period.
- 07/24/2023
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Why These 3 Blue-Chip Stocks Are Struggling to Perform
- While the stock market has performed well this year, the gains have not been spread broadly. Many well-known companies and underperforming blue-chip stocks have trailed the market's performance and disappointed investors.
- 07/24/2023
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Is a Surprise Coming for General Motors (GM) This Earnings Season?
- General Motors (GM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 07/24/2023
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Can GM Succeed in EVs?
- GM's EV dreams are big, but they aren't paying off yet.
- 07/24/2023
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Microsoft, GM, Verizon, Alphabet, Exxon Mobil, Meta, and More to Watch
- The Federal Reserve is expected to raise interest rates on Wednesday. Plus, earnings reports from Alphabet, Microsoft, Visa, General Electric, Verizon, Meta Platforms, and more.
- 07/23/2023
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7 Blue-Chip Stocks That Are Screaming Buys Right Now: July 2023
- While it's usually the smaller enterprises that offer screaming buy opportunities for discerning speculators, sometimes even the best blue-chip stocks to buy don't get the attention they deserve. With thousands upon thousands of publicly traded securities available, it's inevitable that some ideas will slip through the cracks.
- 07/23/2023
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Earnings Previews: General Motors, NextEra Energy, Verizon
- After U.S. markets closed Thursday afternoon, railroad operator CSX met the consensus estimate for earnings per share (EPS) and barely missed the Street's revenue estimate.
- 07/23/2023
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GM and Inrix work with City of Redmond to analyze road safety data from onboard systems
- GM and Inrix will work with Redmond and the city of Easton, Penn., to develop road safety data using a tool called Safety View. The tool, a joint venture of Inrix and GM's Future Roads initiative, analyzes traffic safety data to help local governments create better safety plans.
- 07/22/2023
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How EV range is determined and why the process is flawed
- Some say the process used to determine those electric vehicles ranges is flawed, and consumers need better guidance on how far an EV can travel.
- 07/22/2023
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2 AI Stocks That Could Help Make You a Fortune
- Upstart could soar as the economy improves. GM's valuation overlooks its ownership of the Cruise AV division.
- 07/22/2023
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3 EV Stocks That Are Screaming Buys Right Now: July 2023
- The development of electric vehicles (EVs) has come to the forefront of national headlines. President Joe Biden's new infrastructure bill will increase the gas tax and invest over $24 billion into the electric vehicle industry, dramatically increasing the demand for EVs.
- 07/21/2023
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GM Earnings Due, With Silverado EV Set To Charge Into Electric Truck War
- Along with the GM earnings report, investors hope for updates on its Tesla Cybertruck and Ford Lightning rival. GM stock fell.
- 07/21/2023
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Cathie Wood's ARK Autonomous Tech ETF sold nearly 20% of its stake in GM, while boosting its Taiwan Semi holding by 20%
- Cathie Wood's ARK Autonomous Technology and Robotics exchange-traded fund ARKQ, -2.98% sold nearly $3 million worth of General Motors Co. shares GM, +0.08%, while buying roughly the same amount of Taiwan Semiconductor Manufacturing Co. Ltd.'s stock TSM, -5.05%.
- 07/21/2023
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UAW seeks Washington backing to pressure Detroit Three automakers in labor talks
- United Auto Workers President Shawn Fain has made winning the support of Washington a key part of the union's strategy to nail down new labor deals with the Detroit Three automakers.
- 07/21/2023
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Giant Fund Bought Up Activision, Lucid Stock, Sold GM and Ford
- The asset manager of Norway's largest bank tripled its investment in Activision, doubled its Lucid Group stake, and cut positions in GM and Ford.
- 07/21/2023
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Cruise starts initial robotaxi testing in Miami
- Cruise, the self-driving arm of General Motors, has begun initial testing and data collection in Miami, the company said in a tweet Wednesday. “Phase 1 is to familiarize our fleet with additional, diverse road conditions while collecting data,” the company said.
- 07/20/2023
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Will Tesla's Cybertruck Push Up ETFs Heavy on the EV Maker?
- With Tesla completing the production of its first cybertruck and robust quarterly growth expected, is it time to invest in Tesla-heavy ETFs? take a look.
- 07/18/2023
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Former NHTSA head blasts Cruise's ‘Humans are terrible drivers' ad
- A former administrator of the National Highway Traffic Safety Administration (NHTSA) has responded to a full-page ad taken out in several major newspapers by Cruise, General Motors' self-driving subsidiary, that calls humans terrible drivers. The ad points to the nearly 43,000 crash fatalities in 2022 and promotes autonomous vehicles as the solution.
- 07/18/2023
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E-Pickup Battle Escalates: F Cuts Price, TSLA Unveils Cybertruck
- The developments from Ford (F) and Tesla (TSLA) indicate that the e-pickup space is heating up, with competition expected to intensify as RIVN, GM, STLA and others vie to secure their market share.
- 07/18/2023
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2 Hidden Gems That the Market Is Overlooking
- In equity markets, there is often a fine line between overvalued stocks and those that deserve their high valuations. Likewise, it is also difficult to identify which seemingly low-valued stocks are hidden treasures versus which deserve their low valuations.
- 07/18/2023
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Rising Volumes And Cooling Inflation Will Drive GM's Q2 Results
- General Motors is expected to publish its Q2 2023 results on July 25, reporting on a quarter that saw the company's U.S. deliveries continue to witness strong gains.
- 07/18/2023
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San Francisco transit agency sees more concerning incidents with driverless cars, calls for companies to share more data
- Worrisome incidents involving driverless cars in San Francisco are on the rise and are averaging about 90 reports a month, the head of San Francisco's Municipal Transit Authority told MarketWatch in a recent interview.
- 07/17/2023
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GM can't build or deliver new vehicles fast enough, exec says
- General Motors is seeing strong demand for many of its U.S. vehicles, but can't deliver them to dealers fast enough, one of the company's top executives told Reuters on Monday.
- 07/17/2023
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UAW negotiations with Big 3 underway: What's at stake for automakers
- Detroit Free Press Automotive Reporter Eric Lawrence joins Yahoo Finance Live anchor Seana Smith to discuss union demands, including cost of living adjustments as automakers profit off of booming auto sales, China, ev adoption and more.
- 07/14/2023
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GM's stock rises toward a 14th-straight gain; yes, that would be a record
- Shares of General Motors Co. GM, +0.22% edged up 0.1% in premarket trading Thursday, putting them on track to set a record win streak of 14 sessions. The automaker's stock has soared 11.9% over the past 13 sessions, as it matched the record streak that had ended on July 22, 2016, according to Dow Jones Market Data.
- 07/14/2023
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Lucky 13: GM Stock's Winning Streak Continues
- The auto maker's shares are on track to hit a 13-day winning streak.
- 07/13/2023
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US to decide whether to OK GM self-driving car deployment plan
- A top U.S. auto safety official said Wednesday regulators will soon decide on a petition filed by General Motors and its self-driving technology unit that seeks permission to deploy up to 2,500 self-driving vehicles annually without human controls.
- 07/12/2023
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GM, Ford Enter UAW Labor Talks. Here's What to Know.
- Contract talks between the United Auto Workers and auto makers kick off this week. Over the last 20 years, there have been strikes two out of the last five negotiations.
- 07/12/2023
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Tesla, Ford, GM Price Targets Raised. But One Stock Is the Standout Buy.
- Citi analyst Itay Michaeli has updated his numbers for the car makers ahead of second-quarter earnings reports.
- 07/12/2023
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Why These 3 Stocks Are the Best Ways to Play EV Right Now
- The earnings season is about to begin and the monthly electric vehicle delivery numbers have already given us an insight into how fast the industry is growing. Whether you believe in the future of EVs or not, they are here to stay and will be on the road across the world.
- 07/12/2023
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5 Things to Know Before Markets Open
- Inflation is expected to drop to its slowest pace since March 2021 and Nvidia shares moved higher after reports that it will invest in a rival chipmaker. Here's what investors need to know today.
- 07/12/2023
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Tesla has ‘neutral-to-slightly negative' earnings setup — but Citi says GM's is more compelling
- Tesla Inc. TSLA, +0.07% has a “neutral-to-slightly negative” setup heading into its upcoming earnings report, according to a Citi Research analyst who sees General Motors Co.'s GM, +0.83% earnings prospects as more compelling. Tesla's July 19 earnings report will arrive as Tesla shares have more than doubled on the year, and Citi's Itay Michaeli said that bears worry that Tesla's “stretched valuation” will make the stock “vulnerable going into a quarter that will again be impacted by price cuts, with any margin shortfall or even just unimpressive numbers possibly dampening sentiment.
- 07/12/2023
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Auto industry braces for contentious contract talks as UAW formally kicks off bargaining
- UAW president has vowed to be aggressive in bargaining with General Motors, Ford Motor and Stellantis for new worker contracts.
- 07/12/2023
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General Motors is phasing out Apple CarPlay, here's why dealers are reportedly concerned
- Yahoo Finance Automotive Reporter Pras Subramanian reports on why GM is phasing out Apple CarPlay and why dealers are raising concern.
- 07/11/2023
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3 EV Stocks to Catapult You into the Millionaires' Club
- The electric vehicle market is accelerating (pun intended). According to S&P Global, by 2030 one in four new passenger cars sold worldwide will be an EV.
- 07/11/2023
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Is Trending Stock General Motors Company (GM) a Buy Now?
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 07/11/2023
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GM positions new Chevy Trax, Buick Envista crossovers to fill an affordability gap
- GM's new 2024 Buick Envista and redesigned 2024 Chevrolet Trax crossovers start at $23,495 and $20,400, respectively.
- 07/11/2023
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General Motors Is Not Attractive Compared To Its Peers At $40
- GM stock price increased by 25% in the past two months as its results in 1Q 2023 were better than expected, and its U.S. 2Q 2023 vehicle sales were strong. However, General Motors' global market share decreased in the past few quarters and I expect it to decrease further in 2023. Despite recent developments and partnerships, GM's EVs have a low market share in Europe and China and face strong competition in the US.
- 07/11/2023
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7 Battery Stocks That Will Skyrocket Before 2025
- For high-growth battery stocks tied to the burgeoning electric vehicle industry, 2025 will be a key milestone. That's when plug-in vehicles will make up 23% of new passenger vehicle sales globally in 2025.
- 07/10/2023
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Huge News for GM Stock Investors
- General Motors reported quarterly sales and production figures that impressed stock market investors.
- 07/10/2023
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Why General Motors Stock Rose 19% in June
- GM agreed to adopt Tesla's new charging standard. CEO Mary Barra said she expected double-digit profit margins in EVs.
- 07/10/2023
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Will the U.S. Auto Market Momentum Continue in 2H23?
- The U.S. auto market is expected to maintain its momentum in the second half of 2023 on the back of strong consumer demand and improved inventory levels, despite high borrowing costs.
- 07/10/2023
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Ford and GM Had Their Price Targets Raised. The Stocks Still Aren't Getting Much Love.
- Barclays and Wells Fargo took price targets up on both GM and Ford shares. Better industry sales aren't enough to have either broker recommend shares.
- 07/10/2023
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GM cuts Lyriq EV price in China by 14% after VW discounts
- General Motors Co on Monday cut the starting price for the Cadillac Lyriq in China by almost 14%, joining Volkswagen in a new round of electric vehicle price reductions in a market where global automakers are under pressure.
- 07/10/2023
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The 7 Best Value Stocks to Buy in July
- All of the value stocks listed below are well-known, large-cap companies that provide conservative and defensive exposure to any portfolio. These companies also possess reasonable upside, driven by a number of growth catalysts.
- 07/09/2023
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Final Trades: Alibaba, JPMorgan Chase, General Motors, Trinseo
- The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.
- 07/07/2023
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Mercedes-Benz Joins Ford and GM In Using the Tesla Charging Network
- Mercedes-Benz is the first German-based electric vehicle maker to sign a deal to use Tesla superchargers in North America.
- 07/07/2023
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General Motors Rises for 9th Day. What's Behind the Streak.
- Earlier this week, the car manufacturer posted strong overall delivery numbers and maintained its place as a leader in the U.S. electric vehicle market.
- 07/07/2023
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GM stock extends winning run to 9th session, trading at highest since March
- Shares of General Motors Co. GM, +0.82% on Friday are poised to end at their highest since March 8, up for the 9th straight session. The stock is up nearly 10% over that period.
- 07/07/2023
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EV Company News For The Month Of June 2023
- Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Rivian, Volvo & Polestar to join Tesla's EV charging network. Tesla becomes number 1 for plugin electric car sales in Europe in May. EV company news - BYD announces new Fang Cheng Bao brand. Tesla Model Y is America's No. 1 selling passenger car. GAC Aion aims to sell 500,000 BEVs this year.
- 07/07/2023
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Jefferies: Still have to worry about the macro environment and labor talks in the auto sector
- Jefferies' Philippe Houchois discusses the fight for market share in the EV sector between the pure players such as Tesla and Rivian and the traditional automakers, like Ford and GM.
- 07/07/2023
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EV sales: Hyundai overtakes GM, but Tesla's U.S. dominance continues
- Tesla, led by CEO Elon Musk, has grown its lead over the legacy automakers Hyundai and General Motors to roughly 300,000 vehicles.
- 07/07/2023
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Truck makers pledge to comply with new California rules phasing out gas-powered vehicles
- SACRAMENTO, Calif. — Some of the nation's largest truck makers on Thursday pledged to stop selling new gas-powered vehicles in California by the middle of the next decade, part of an agreement with state regulators aimed at preventing lawsuits that threatened to delay or block the state's emission standards.
- 07/06/2023
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GM: Tesla's Dominance Is More Than Priced In
- General Motors has experienced a decade of underperformance and now sports a 17% earnings yield. CEO Mary Barra's EV and autonomous drive aspirations are hitting speed bumps thanks to competition from Tesla. Cruise appears to be losing the battle. Investors have fled to Tesla at a 1.3% earnings yield, but GM is arguably the better investment.
- 07/06/2023
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The reason U.S. car sales surprised Wall Street? People still overspend on cars.
- Strong U.S. quarterly new-car sales surprised Wall Street this week, showing investors that rising interest rates, concerns about the health of the economy and still-limited new-car inventory did not stand in the way of new wheels for many Americans.
- 07/06/2023
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General Motors (GM) Second Quarter Sales Increase 19% Y/Y
- General Motors (GM) delivers 691,978 vehicles, including 15,652 electric vehicles (EVs), in the second quarter.
- 07/06/2023
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Ford posts rise in 2Q auto sales, but EV sales lag behind Tesla and GM
- Ford Motor Company (NYSE:F) reported a 10% increase in second-quarter U.S. auto sales, joining other automakers in benefiting from improved supply chain conditions and strong consumer demand for vehicles.
- 07/06/2023
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Auto Sales Climb 13% as Consumers Continue to Spend
- Interest rates and inflation are apparently no match for the consumer's desire for a new car. New vehicle sales in the U.S. rose an estimated 13% in the first half of 2022, The Wall Street Journal reported Wednesday (July 5), citing data from research firm Wards Intelligence.
- 07/06/2023
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5 Things to Know Before Markets Open
- Meta's new Twitter rival, Threads, signed up 10 million users after its launch, and job openings are expected to fall. Here's what investors need to know today.
- 07/06/2023
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Markets Lower on Tepid Factory Orders, Impressive Automakers
- After Tesla guided to record-high deliveries, GM, Toyota and Rivian all reported notable strides in its businesses, as well.
- 07/05/2023
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3 Cheap EV Stocks to Buy Before They Bounce Back
- As gas prices soared to unprecedented levels in the past year, the spotlight on electric vehicles (EVs) intensified. The International Energy Agency revealed a remarkable surge in global EV sales, exceeding 10 million in 2022.
- 07/05/2023
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Strong demand drives U.S. new vehicle sales nearly 17% higher in first half of 2023
- Demand for new SUVs, trucks and cars in the U.S. picked up steam in the second quarter, but the stronger sales kept prices high for consumers.
- 07/05/2023
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General Motors Is Gearing Up, but It's Still in the EV Slow Lane
- Markets eased lower on Wednesday. GM stock rose slightly after releasing second-quarter sales results.
- 07/05/2023
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Instacart GM: eGrocery's Complexity Hinders Grocers' Efforts to Build in-House Systems
- As Instacart steps up its digital capabilities, it becomes increasingly difficult for grocers — especially smaller players — to build competitive in-house eCommerce systems.
- 07/05/2023
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General Motors 2Q sales surge as new car demand rebounds
- General Motors Co (GM) Wednesday revealed that its second quarter 2023 US deliveries climbed 18.8% year over year to 691,978, as its customers seemed willing to pay more for a new vehicle. The auto giant's electric vehicle (EV) sales also saw 120% sequential growth, hitting 15,652.
- 07/05/2023
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GM Shares Rise as Second Quarter Sales Jump Almost 19%
- GM shares rose over 1% on Wednesday after reporting second quarter sales were up 18.8% from the same period in 2022 on strong demand as supply chains eased and inventories improved.
- 07/05/2023
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GM says it could face compliance challenges under new emissions rules
- General Motors Co said on Wednesday it could face compliance challenges under the Environmental Protection Agency's proposed vehicle emissions rules and other state and federal regulations, as it cited requirements on electric vehicles.
- 07/05/2023
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Final Trades: Alphabet, General Motors, SL Green & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 07/05/2023
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General Motors reports sequential decline in Q2 electric vehicles sales
- Shares of General Motors Co (NYSE: GM) are trading up this morning after the automaker said its U.S. vehicle sales went up 18.8% year-on-year in the second quarter.
- 07/05/2023
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GM stock rises after 19% quarterly sales increase
- General Motors Co. GM, +0.98% said Wednesday it delivered 691,978 vehicles in the second quarter, up 19% year-on-year. That includes the sale of more than 15,000 electric vehicles, the auto maker said.
- 07/05/2023
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GM second-quarter sales increase 18.8% as supply chain stabilizes
- Auto industry forecasters project industry sales to have increased 16% to 18% during the second quarter compared to a year earlier.
- 07/05/2023
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Why General Motors Company (GM) is Poised to Beat Earnings Estimates Again
- General Motors Company (GM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/04/2023
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Plug Into Tesla With These ETFs
- Given Tesla's exceptional performance and its significant role in driving the EV market in the United States, explore these ETFs that provide exposure to Tesla to capitalize on the current rally of this EV manufacturer.
- 07/03/2023
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General Motors (GM) Boosts EV Battery Safety With ALGOLiON Buyout
- In the race for EV supremacy, General Motors (GM) acquires ALGOLiON. Discover how this strategic move amplifies safety and efficiency in EV battery technology.
- 07/03/2023
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Driverless cars are driving San Francisco crazy — ‘They are not ready for prime time'
- A street was blocked for road work in my San Francisco neighborhood this month, with a worker holding a large STOP sign to direct traffic.
- 07/03/2023
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It's All About Liquidity - David Trainer
- David Trainer discusses sectors, stocks and investing strategies. For near-term, it's really all about liquidity.
- 07/03/2023
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2 Warren Buffett Stocks That Are Screaming Buys in July and 1 to Avoid Like the Plague
- The Oracle of Omaha has doubled up the average annual total return of the S&P 500 since becoming CEO nearly 60 years ago. Two highly profitable, brand-name companies with sustained competitive advantages are ripe for the picking.
- 07/03/2023
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The 7 Most Undervalued Buffett Stocks to Buy Now: June 2023
- Plenty of investors are interested in the stocks that legendary investor Warren Buffett has selected for the Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) equity portfolio. However, instead of buying every single stock in this category, you may want to focus mainly on the undervalued Buffett stocks instead.
- 07/02/2023
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GM Building adds new Savoy Club wellness center for tech-loving tenants
- It's part of majority owner BXP's campaign to make the nearly two-million square foot tower at Fifth Avenue and East 59th Street even more competitive -- and hip -- in what's possibly the slowest office-leasing season in the city's history.
- 07/02/2023
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Is GM Stock a Buy?
- GM sold more volume at higher prices, and management is undergoing major cost cuts. The company is focused on electric vehicles and self-driving technology.
- 07/02/2023
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1 Warren Buffett Dividend Stock Down 43% You'll Regret Not Buying on the Dip
- The Oracle of Omaha is one of the most well-known investors in the world.
- 07/01/2023
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GM fender design victory in limbo after US appeals court grants rare review
- Auto parts maker LKQ on Friday persuaded a U.S. appeals court to reconsider a decision to uphold a General Motors design patent for a car fender, imperiling an earlier win for GM in a case that has been closely watched by the auto and insurance industries.
- 06/30/2023
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GM buys Israel-based software startup to detect early battery defects
- General Motors said on Friday it had acquired Algolion Ltd, an Israel-based software startup that helps detect problems in batteries.
- 06/30/2023
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GM buys software startup that predicts EV battery fires
- General Motors said Friday it has acquired Algolion, an Israel-based software startup that can detect potential hazards in battery cells. Financial terms were not disclosed.
- 06/30/2023
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Boeing's Labor Headache Is Over. Why It's Good News For GM, Ford, UPS.
- A machinists' union has voted in favor of a new labor deal with Spirit AeroSystems, a key supplier to the aircraft maker.
- 06/30/2023
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Ferrari hits all-time high, now worth more than GM & Ford
- CNBC's Robert Frank joins 'Squawk Box' with more.
- 06/30/2023
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Tesla stock's sizzling rally won't last as old-guard rivals like Ford and GM pile into the EV space, analyst says
- Tesla's sizzling rally won't last forever due to old-guard rivals like Ford producing more EVs, according to one analyst. The tech giant's shares have soared 109% in 2023 thanks to a breakneck rally since late April.
- 06/30/2023
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GM Financial to Release Second Quarter 2023 Operating Results
- FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) will release its second quarter 2023 operating results on Tuesday, July 25, 2023. The press release and earnings presentation for fixed income investors will be posted to the Investor Relations section of the Company's website at www.gmfinancial.com. Questions on the materials should be directed to GM Financial's Investor Relations Department. The company's third quarter earnings announc.
- 06/28/2023
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 06/28/2023
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The 7 Most Undervalued Blue-Chip Stocks to Buy Now: June 2023
- Looking for undervalued blue-chip stocks to buy? This is a great time to be doing so.
- 06/27/2023
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General Motors (GM) Partners Element 25 to Scale EV Supply
- General Motors (GM) teams up with Element 25 to secure a supply of manganese sulfate for EV production, while creating jobs and strengthening the domestic supply chain.
- 06/27/2023
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GM CEO Mary Barra on Tesla partnership: I texted Elon Musk
- GM CEO Marry Barra joins CNBC's Andrew Ross Sorkin at the Aspen Ideas Festival to discuss the company's EV transition, profitability targets, Tesla partnership, and more.
- 06/27/2023
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7 EV Stocks to Target for Triple-Digit Returns in 2023
- EV stocks to buy have long been one of the top investment options for savvy investors. These stocks, which rode the surge off their pandemic lows, delivered stellar long-term gains for investors.
- 06/27/2023
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Best Value Stocks to Buy for June 27th
- GM, DHC and VBNK made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 27, 2023.
- 06/27/2023
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Where Will Ally Stock Be in 1 Year?
- As a large bank, Ally's financials have been hurt by increased interest rates. However, customer count is increasing, as are many indications of customer engagement.
- 06/27/2023
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Tesla: A Rollercoaster Ride Worth Staying On
- Without a doubt, Tesla Inc.'s ( TSLA , Financial) meteoric rise has been nothing short of breathtaking. Its stock is up almost 30% in the past month, enough to make even the most stoic investor break into a smile.
- 06/26/2023
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GM's EV truck customers must wait for Tesla-compatible charge ports
- General Motors does not expect to put Tesla-compatible charging ports on its new Chevrolet Silverado EV pickups before model year 2025, it said on Monday.
- 06/26/2023
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GM enters supply pact with Australia's Element 25 for EV battery raw materials
- General Motors Co. GM, -1.31% announced Monday a supply agreement with Australia-based Element 25 Ltd. E25, +5.00%, in which Element 25 will supply up to 32,500 metric tons of manganese sulfate a year.
- 06/26/2023
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Australia's Element 25 to supply GM with manganese sulphate, shares jump
- Element 25 Ltd said on Monday it will supply manganese sulphate to General Motors Co as the automaker looks to secure supply of battery minerals for its North American electric vehicle production, sending its shares up more than 20%. The deal is the second by General Motors for Australian battery minerals as automakers globally rush to secure supply.
- 06/25/2023
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GM Kills The Camaro
- Another muscle car will disappear from the US vehicle landscape. This time, it will be the Chevy Camaro.
- 06/24/2023
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6 June Buffett Dividend Dog Buys And 4 To Watch
- This Buffett holdings list from Kiplinger first appeared 5/20/23 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 6/20/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 6/20/23 the top-ten ranged 3.00%-8.81% by annual-yield and 46 of 48 ranged -2.10% to 50.32% per broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's June dividend dogs ranged 17.99%-33.66% from GL, CE, ALLY, C, OXY, CVX, BAC, PARA, GM, and top pick KHC per YCharts data.
- 06/22/2023
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U.S. companies told to adapt as Washington fights against forced labor in China: ‘It's going to be a very different environment'
- A focus on forced labor and enforcement actions to fight against it are “here for some time,” according to a U.S. Customs and Border Protection official.
- 06/22/2023
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New technologies hurt car quality as EV brands fare poorly, J.D. Power says
- Three Stellantis brands — Dodge, Ram and Alfa Romeo — topped this year's quality rankings.
- 06/22/2023
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The Best Places To Invest In The Self-Driving Car Industry
- The article discusses the self-driving car industry, focusing on Tesla, Inc.'s strategic missteps and its competitors, including Waymo, Cruise, Baidu's Apollo, and Mobileye. It delves into the computational algorithms behind self-driving cars, the challenges of reinforcement learning, and the current levels of driving automation among major players. The article concludes that Baidu may be the best investment option for those looking to bet on the self-driving business, as Tesla's technology lags behind its competitors.
- 06/22/2023
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Rivian Joins Ford and GM on Tesla's Supercharger Network. Will Other Automakers Follow?
- Over the past month, Tesla has inked deals with Ford, GM, and now Rivian to join its Supercharger network and switch to its NACS connector standard. Texas also made inclusion of the Tesla standard mandatory for charger companies to be eligible for its state program.
- 06/21/2023
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Why GM is sunsetting the classic Chevrolet Camaro
- The Chevrolet Camaro was General Motors' answer to the Ford Mustang. But the classic American sports car is tough to sell and is on its way out.
- 06/21/2023
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GM investing $920 mln in Ohio diesel engine plant
- General Motors on Tuesday said it was investing $920 million to expand operations at its Ohio diesel engine plant for production of future internal combustion engine (ICE) heavy-duty truck powertrain products.
- 06/20/2023
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Rivian joins Ford and GM in turning to Tesla chargers
- Rivian, the electric truck and SUV company backed by Amazon, announced on Tuesday that it will join Ford and General Motors in adopting Tesla's so-called North American Charging Standard (NACS).
- 06/20/2023
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GM and Ford are not Tesla's competitors, says Deutsche Bank's Emmanuel Rosner
- Emmanuel Rosner, Deutsche Bank lead auto technology analyst, joins 'Squawk on the Street' to discuss why automakers are positive about the industry, expectations from second-quarter earnings, and the overall auto industry.
- 06/20/2023
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Tesla gets Rivian to join charging standard port, following Ford and GM moves
- Tesla Inc's (NASDAQ:TSLA) network of electric vehicle chargers will be available to drivers of trucks made by Rivian Automotive Inc (NASDAQ:RIVN) from next year after the two companies signed an agreement. Rivian will adopt the 'North American charging standard' (NACS) charge ports - which was developed by Tesla - as standard in its new cars but for older models an adapter will be available to enable them to charge on the Supercharger network.
- 06/20/2023
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Rivian to Use Tesla Chargers, Follows Ford and GM
- Rivian announces it will adopt the Tesla charging plug and technology. Rivian owners also will be able to charge at Tesla's network of superchargers.
- 06/20/2023
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GM says cheap EVs are not yet achievable; battery materials companies maintain they are
- In the battle for market share over industry leader Tesla Inc (NASDAQ:TSLA), automakers are pulling out all the stops to get their electric vehicles (EVs) on the streets. However, they are struggling to do it profitably, particularly for entry-level vehicles.
- 06/19/2023
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GM Is Thriving as a Result of Self-Improvement and Market Factors
- GM's sales and profits are exploding, which has many investors curious about sustainability.
- 06/18/2023
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UAW president rallies members for potential strikes at Ford, GM and Stellantis
- The new president of the United Auto Workers came out swinging against Ford, General Motors and Stellantis on Friday, warning of possible strikes.
- 06/17/2023
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What's Going On With GM Stock?
- GM's stock has been on a nice upward trend over the last month.
- 06/16/2023
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Converting gas-powered cars to EVs is a booming business
- Converting gas cars to electric is growing in popularity. CNBC explores what it takes to convert an ICE car and whether it could go mainstream.
- 06/16/2023
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Top EV ETFs for Electrifying Gains as Charging Network Expands
- With the EV market in the United States gaining pace and improving charging infrastructure, the EV market presents itself as an attractive investment sector. Take a look into some ETFs that can help you diversify your portfolio.
- 06/16/2023
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General Motors Company (GM) Shows Fast-paced Momentum But Is Still a Bargain Stock
- General Motors Company (GM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 06/16/2023
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This Could Be a Huge Opportunity for GM Stock Investors
- The company has a rapidly emerging segment that could generate billions in revenue.
- 06/15/2023
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General Motors Company (GM) Presents at Deutsche Bank Global Auto Conference (Transcript)
- General Motors Company (NYSE:GM ) Deutsche Bank Global Auto Conference June 15, 2023 11:55 AM ET Company Participants Paul Jacobson - EVP & CFO Conference Call Participants Emmanuel Rosner - Deutsche Bank Emmanuel Rosner All right. Good afternoon, everybody.
- 06/15/2023
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7 Most Undervalued Stocks to Buy Now
- Technically, the market is back in a bull run with the S&P 500 having now risen more than 20% from its October 2022 low. The technology-laden Nasdaq index is on an even more ferocious run, having gained 40% so far in 2023.
- 06/15/2023
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General Motors (GM) Invests $632M in Fort Wayne Assembly
- General Motors (GM) plows $632 million into Fort Wayne Assembly to prepare it for truck production. Company-owned startup BrightDrop completes delivering 50 Zevo electric delivery vans to FedEx Express Canada.
- 06/15/2023
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Nvidia and Tesla Are AI Stocks. Why Not GM?
- Investors should ask themselves if there is some hidden AI value in other large companies like General Motors.
- 06/15/2023
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Finance experts share their top EV stock picks for end of 2023
- Given the burgeoning global interest in electric vehicles (EVs) and the rapid increase in their presence on roads worldwide, the EV industry has become a focal point for market enthusiasts.
- 06/15/2023
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GM's BrightDrop makes first commercial EVs delivery outside US
- BrightDrop, the electric delivery van subsidiary of General Motors, has made its first delivery outside of the U.S. The company delivered 50 BrightDrop Zevo 600 electric vans to FedEx Express Canada on Wednesday, part of a larger order of 2,500 Zevo EVs.
- 06/14/2023
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GM or TSLA: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Automotive - Domestic sector have probably already heard of General Motors Company (GM) and Tesla (TSLA). But which of these two stocks offers value investors a better bang for their buck right now?
- 06/14/2023
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SPAC Deal Sparks Surge in EV Battery Supply Chain
- As EVs take over the world, PowerCo, Stellantis, and Glencore team up to secure their supply of vital raw materials by investing in ACG Acquisition Company.
- 06/14/2023
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 06/14/2023
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GM, Samsung partner on $3B EV battery facility in Indiana
- General Motors and Samsung SDI are building an EV battery cell plant in St. Joseph County, Indianac, creating 1,700 jobs, the state's governor announced on Tuesday.
- 06/13/2023
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Gurus Are Driving Away With These 5 Auto Stocks
- Shares of automaker Toyota Motor Corp. ( TM , Financial) climbed more than 5% on Tuesday morning after its plans for next-generation battery electric vehicles were announced.
- 06/13/2023
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GM and partner Samsung SDI pick Indiana for $3B battery factory
- The battery belt — a region stretching from Michigan down into Georgia where the bulk of EV and battery manufacturing is concentrated — has yet another project. GM-Samsung SDI has picked Indiana for the site of a $3 billion battery cell factory that is slated to begin operations in 2026.
- 06/13/2023
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Tesla's charging deals with GM and Ford have charging rivals scrambling to keep up
- Tesla is slowly opening many of its charging stations to vehicles of other automakers. Ford and GM recently said their cars will be able to use Tesla Superchargers.
- 06/13/2023
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Indiana confirms GM, SDI will build $3 bilion EV battery manufacturing plant
- General Motors and Samsung SDI will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations in 2026, creating 1,700 manufacturing jobs, the state's governor said Tuesday.
- 06/13/2023
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Analysis: GM could reap billions by building combustion trucks and SUVs through 2035
- General Motors has signaled in a series of recent announcements on plant retoolings that it plans to keep its largest and most profitable combustion trucks and SUVs in production longer than expected - another 10 to 12 years, according to analysts and suppliers.
- 06/13/2023
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GM Board Member Weighs In on Tesla EV Charging Network
- Tesla's EV charging stations are set to become the industry standard as Ford and GM adopt the company's Supercharger network. Jon McNeill is currently CEO of DVx Ventures and former president of Tesla.
- 06/12/2023
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Tesla shares are on pace for their longest winning streak ever as Wall Street cheers GM, Ford deals
- Tesla stock was headed for a 12th straight gain Monday, on pace for its longest winning streak ever. The current record is 11 days of gains, first reached in January 2021 and matched on Friday.
- 06/12/2023
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Tesla-GM Pact Slams EV-Charging Stocks for Second Day
- Electric-vehicle-charging stocks are falling again Monday after a dropping Friday. GM adopting Tesla's charging plug has caused all the volatility.
- 06/12/2023
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GM-TSLA Pact Jolts EV Charging Stocks: An Overblown Reaction?
- The electric vehicle (EV) charging sector has been thrown into a whirlwind following General Motors' GM announcement of plans to embrace Tesla's TSLA charging network. The U.S. legacy automaker's intent to adapt its EVs to make them compatible with Tesla's vast Supercharger network seems to have shaken the dynamics of the EV charging landscape and resulted in significant stock price declines for various EV charging stocks.
- 06/12/2023
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Tesla partnership 'a really pragmatic move by Ford and GM', says former Ford CEO Mark Fields
- Mark Fields, former Ford Motor Company president and CEO, joins 'Squawk Box' to discuss Tesla's new charging partnerships, what it means from the EV landscape, and more.
- 06/12/2023
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GM to invest $632 million to produce next-generation pickups in Indiana
- The investment is the automaker's third such announcement in the past week involving GM's next-generation large trucks and SUVs.
- 06/12/2023
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EV Charging Solutions: GM's Move Reflects Industry Challenges
- General Motors Co.'s NYSE: GM announcement that it is following Ford Motor Co. NYSE: F into the world of Tesla Inc. NASDAQ: TSLA EV chargers is proof that the auto industry is finally addressing real-world challenges inherent with the rapid push to vehicle electrification.
- 06/12/2023
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Powering the Future: 3 Industries to Benefit from a Changing Energy Backdrop
- The world is gradually moving away from fossil fuels for several reasons. These three industries stand to benefit the most.
- 06/11/2023
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Tesla's supercharger deals with GM, Ford are 'the cheapest forms of advertising'
- Tesla recently announced its EV charging deals with Ford and GM. Oppenheimer Managing Director and Senior Research Analyst Colin Rusch joins Yahoo Finance Live to discuss what this means for Tesla and the EV charging landscape.
- 06/11/2023
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GM and Ford Plug into Tesla's Network: Evolution or Exploitation?
- GM and Ford's recent partnership with Tesla to use its charging network could either accelerate the electrification drive, or simply extend the survival of traditional automakers in the rapidly evolving EV market.
- 06/10/2023
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Markets End the Week in the Green in Anticipation the Fed Will Pause Rate Hikes
- Markets posted a winning day on Friday, June 9, 2023, to top off a winning week on optimism the Fed may pause its interest rate hike cycle next week.
- 06/09/2023
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What Tesla charging partnerships with Ford and GM mean for the EV industry
- Ford Motor, General Motors and Tesla appear to have shifted the tide on electric vehicle charging infrastructure in North America.
- 06/09/2023
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Tesla stock charges upwards on deal with GM
- Tesla stock charged higher Friday following an announcement by General Motors that GM's electric vehicles would be able to charge using Tesla's charging network. That news following a similar announcement from Ford just two weeks before.
- 06/09/2023
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Tesla's deals with GM, Ford is going to upset Tesla owners, says analyst
- General Motors is following Ford's lead and partnering with Tesla to give its EV owners access to 12,000 of Tesla's charging ports. GM CEO Mary Barra stated that the new deal will save the company up to $400 million in EV infrastructure.
- 06/09/2023
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Why Are EV Charging Stocks Down Today?
- Electric vehicle (EV) charging stocks are well in the red today following a new deal between General Motors (NYSE: GM ) and EV king, Tesla (NASDAQ: TSLA ), that would allow GM EV owners to use Tesla's broad supercharger network. Today's deal represents the second of its kind, sort to speak.
- 06/09/2023
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Tesla stock is poised to surge 22% as GM and Ford charging partnerships represent huge monetization opportunity, Wedbush says
- Tesla shares are headed to $300, and the company is looking at big revenue gains from recent deals with Ford and GM. Wedbush on Friday raised its price target and said charging deals could bring in $3 billion of revenue.
- 06/09/2023
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GM Looks To Turbocharge EV Sales With Tesla Charging Partnership
- General Motors has joined Ford in announcing a partnership with Tesla to use its charging stations, in a boost to EV adoption and Tesla.
- 06/09/2023
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Tesla's GM deal, Nio earnings, Corning upgrade: Top tickers
- Tesla shares trade higher after the company announced its EV charging partnership with GM. Nio's reported mixed Q1 earnings results.
- 06/09/2023
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US Equities Little Changed at Midday as Tesla, GM Shares Rise After Charger Deal
- Markets were little changed at midday on Friday, June 9, 2023, while Tesla, GM, and Ford shares advanced after GM joined Ford in a deal for its EVs to use Tesla chargers.
- 06/09/2023
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GM & Tesla shares rise on new EV charging deal
- Yahoo Finance's Akiko Fujita joins the Live show to discuss General Motors partnering with Tesla, following Ford's lead, and EV owners gains access to 12,000 of Tesla's chargers. The company will also be adopting Tesla's connector, the plug that links an electric vehicle to a charging station.
- 06/09/2023
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Cathie Wood shares her take on General Motors partnering with Tesla
- Shares of General Motors Co (NYSE: GM) are up more than 5.0% this morning after the legacy automaker announced a partnership with Tesla Inc (NASDAQ: TSLA).
- 06/09/2023
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Major Development in U.S. Auto Sector
- Major Development in U.S. Auto Sector.
- 06/09/2023
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General Motors (GM) to Integrate Tesla's NACS Plugs Into EVs
- General Motors (GM) announces a deal with Tesla to integrate NACS plugs into its EVs starting in 2025. It also plans to invest more than $500 million in Arlington Assembly for future SUVs.
- 06/09/2023
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Tesla on track to match its longest winning streak on heels of GM charging deal
- The streak follows Tesla's Thursday announcement that General Motors would join Ford in using its electric vehicle charging network to charge their cars.
- 06/09/2023
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General Motors ($GM) Partners with Tesla ($TSLA) to Open Supercharger Network to GM EV Drivers
- General Motors' (NYSE: GM), a leading electric vehicle producer, has partnered with Tesla (NASDAQ: TSLA) to integrate the NACS connector design into its electric vehicles to enable access to Tesla Superchargers. Starting in 2024, GM EV drivers will gain access to the Tesla Supercharger Network, initially requiring an adapter.
- 06/09/2023
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Tesla Mints $205 Billion Rally After Ford And GM Charger Partnerships—Here's How Much More The Stock Could Surge
- Tesla's latest announcements could help net the firm another $3 billion in annual revenue, one analyst estimates.
- 06/09/2023
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4 Stocks With Low Price-to-Cash Flow Ratio to Buy Now
- Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. Unum Group (UNM), General Motors (GM), American International Group (AIG) and G-III Apparel (GIII) boast low P/CF ratios.
- 06/09/2023
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GM Joins the Tesla Bandwagon
- Markets inched higher Friday morning after setting a milestone on Thursday. GM made an agreement with Tesla to share access to the Supercharger network and adopt Tesla's charging standard.
- 06/09/2023
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Tesla (TSLA) Stock Jumps on General Motors Partnership
- Shares of Tesla (NASDAQ: TSLA ) stock jumped 10% on news of a deal that will let electric vehicles (EVs) from General Motors (NYSE: GM ) use Tesla's SuperCharger network. Tesla shares rose 4.5% on June 8 and another 6% overnight.
- 06/09/2023
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Did GM, Tesla Just Kill EV Charging Firms? No. Here's Why.
- General Motors' decision to use its rival's charging plug has investors wondering about electric-vehicle charging standards. They seem a little confused.
- 06/09/2023
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5 Things to Know Before Markets Open
- General Motors will join the Tesla electric vehicle charging network and Meta plans to roll out a Twitter competitor. Here's what investors need to know today.
- 06/09/2023
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Tesla shares jump on EV charging tie-up with GM
- Tesla shares jumped 5% on Friday on expectations that its electric-vehicle charging system would become an industry standard after General Motors joined cross-town rival Ford in agreeing to use the Tesla Supercharger network.
- 06/09/2023
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ChargePoint, EVgo stocks fall after Tesla and GM ink charging deal
- Shares of some electric-vehicle charging companies were moving lower in Friday's premarket trading after Tesla Inc. TSLA, +4.58% said it would open its charging network to General Motors Co. GM, -1.02% ChargePoint Holdings Inc. shares CHPT, -1.74% were down more than 3% premarket, while EVgo Inc. shares EVGO, -0.23% were down more than 4%. Blink Charging Co.'s stock BLNK, +0.30% was down 0.5%.
- 06/09/2023
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GM Adapts EVs to Tesla's Supercharger Network
- General Motors Co. is adapting its electric vehicles to Tesla Inc.'s Superchargers, gaining access to a network of 12,000 chargers and all but ensuring it will become an industry standard in the US. William Wilkes reports on Bloomberg Television.
- 06/09/2023
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Tesla and GM shares rise and Planet Labs slumps, along with more stocks on the move
- Tesla Inc. TSLA, +4.58% and General Motors Co. GM, -1.02% sharerose 4.5% and 3.5%, respectively in premarket trading after the automakers said owners of GM's electric vehicles will have access to Tesla's fast-charging network in North America starting next year.
- 06/09/2023
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General Motors follows Ford and signs Tesla EV charger agreement
- General Motors has signed up to use Tesla's electric vehicle charging network weeks after Ford agreed a similar deal. “This collaboration is a key part of our strategy and an important next step in quickly expanding access to fast chargers for our customers," said GM chief executive Mary Barra in a statement.
- 06/09/2023
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3 Auto Stocks to Buy in June
- These auto stocks could continue to rise this month as positive earnings estimate revisions have started to reconfirm they are undervalued considering their low P/E valuations.
- 06/08/2023
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GM adopts Tesla's EV charging system in win for Elon Musk: ‘This is pretty huge'
- Investors applauded the deal, and the prospect of one charging hardware standard for the North American market. GM shares rose more than 4% after the bell and Tesla shares rose 4%.
- 06/08/2023
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General Motors Follows Ford, Adopts Tesla Charging Standard For EVs
- CEO Mary Barra says the move could help move the electric-vehicle industry towards a single North American charging standard.
- 06/08/2023
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GM to use Tesla's charging network for EVs
- GM announced it has reached an agreement with Tesla to use the electric vehicle giant's Supercharger network as part of its plan to expand charging access for customers.
- 06/08/2023
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Final Trades: MAR, GM & UUP
- The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
- 06/08/2023
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GM to use Tesla charging network in new partnership
- After the EV maker struck a similar deal with Ford, General Motors announced it has a deal with Tesla to allow access to the company's charging network, Yahoo Finance Live anchors Akiko Fujita and Seana Smith discuss the outlook for charging infrastructure adoption.
- 06/08/2023
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GM CEO Mary Barra says Tesla charging deal will save the automaker up to $400 million
- GM said in October 2021 it planned to spend $750 million on electric vehicle charging infrastructure in the U.S. and Canada.
- 06/08/2023
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GM CEO Mary Barra breaks down new EV charging partnership with Tesla
- CNBC's Phil Lebeau joins 'Fast Money' with Mary Barra, GM CEO, to discuss Tesla's new charging partnership with GM.
- 06/08/2023
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Tesla Will Open Its Charging Network to G.M.'s Electric Vehicles
- The electric car company, which operates the country's most extensive charging network, struck a similar deal with Ford Motor recently.
- 06/08/2023
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Tesla Will Add General Motors To Charging Network—Nearly Two Weeks After Giving Ford Access To EV Charging Ports
- The partnership was announced through a Twitter Spaces broadcast with Tesla CEO Elon Musk and GM CEO Mary Barra.
- 06/08/2023
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General Motors to integrate Tesla charging standard in new EVs starting in 2025
- CNBC's Phil LeBeau joins 'Closing Bell: Overtime' to report on GM's plan to integrate Tesla's NACs charging starting in its new EVs starting in 2025.
- 06/08/2023
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GM to use Tesla charging network, joining Ford in leveraging the EV leader's tech
- GM, like Ford, will begin installing a charging port used by Tesla, known as NACS, instead of the current industry-standard CCS in its EVs starting in 2025.
- 06/08/2023
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GM CEO to discuss future of EV charging with Musk on Twitter
- General Motors Chief Executive Mary Barra said on Twitter she will discuss the future of EV charging with Tesla CEO Elon Musk at 4:30 p.m. EDT (2030 GMT) on Thursday.
- 06/08/2023
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GM to invest more than $500 mln in Arlington plant for future SUVs
- General Motors said on Thursday it plans to invest more than $500 million in its Arlington assembly plant to prepare it for production of future internal combustion engine full-size SUVs.
- 06/08/2023
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GM to invest half a billion in Texas SUV plant
- General Motors Co. GM, -0.79% said Thursday it plans to invest more than $500 million in its Arlington, Texas assembly plant to make future internal combustion-engine, full-size SUVs. Product details and timing were not released.
- 06/08/2023
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GM to invest $500 million to build next-generation Cadillac Escalade, other large SUVs
- The notably profitable SUVs remain in high demand, and sales are needed to assist in funding the automaker's investments in EVs.
- 06/08/2023
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General Motors (GM) Infuses C$280M for Oshawa's Truck Evolution
- General Motors (GM) boosts Canadian manufacturing with a C$280M investment in its Oshawa Assembly plant, reinforcing its commitment to producing next-generation full-size trucks.
- 06/08/2023
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Mastering the Double-Bottom Pattern (Unveiling 3 Intriguing Setups in Today's Market)
- A double-bottom base is a chart pattern commonly used in technical analysis to identify a solid reward-to-risk zone in a stock. Stock Strategist Andrew Rocco walks you through the pattern and unveils 3 juicy setups.
- 06/07/2023
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2 Hot Domestic Auto Stocks to Harness the Industry's Tailwinds
- Improved inventory, incentives and soaring EV popularity make the prospects of the Domestic Auto industry appear rosy. Invest in the industry powerhouses, GM and F, right away to charge your portfolio.
- 06/06/2023
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General Motors (GM) Plans to Invest Over $1B in Flint Plants
- General Motors (GM) announces plans to invest more than $1 billion in two of its Flint plants to make them production-ready for next-generation internal combustion engine (ICE) heavy-duty trucks.
- 06/06/2023
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General Motors: The Raised Guidance Failed To Convince The Bulls
- GM's retirement of the Bolt line-up indicates an increased conviction in the Ultium platform, while similarly executing its low-cost EV strategy. Combined with its determination to maintain profit margins while growing EV output, its prospects remain excellent here. Despite the expanding inventory and net debt levels, GM still trades below its book value, demonstrating stellar capital use at a time of depressed stock prices.
- 06/06/2023
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Markets Drop as Early Session Gains Fade in the Afternoon
- Markets fell on Monday, June 5, 2023 as initial enthusiasm for Apple's new headset faded.
- 06/05/2023
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GM to Spend Over $1 Billion on New Internal Combustion Engine Pickups
- GM said it plans to invest more than $1 billion on manufacturing new heavy-duty ICE pickups.
- 06/05/2023
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GM investing more than $1B in Michigan plants to boost heavy-duty truck production
- GM announced Monday it plans to spend upward of $1 billion to convert two of its Flint, Michigan, manufacturing plants to build its next generation line of heavy-duty pickups.
- 06/05/2023
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GM to invest more than $1 billion in these 2 Flint facilities to make internal combustion engine heavy-duty trucks
- General Motors Co. GM, +0.11% announced Monday plans to invest more than $1 billion to prepare two of its Flint, Mich. plants for production of “next-generation” internal combustion engine (ICE) heavy-duty trucks.
- 06/05/2023
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General Motors' (GM) Resilient EV Supply Chain to Drive Success
- General Motors (GM) and POSCO are revving up their investment in the Ultium CAM battery plant to more than $1 billion, underpinning GM's ambitious plan to manufacture 1 million EVs in North America by 2025.
- 06/05/2023
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GM to invest over $1 bln in Flint plants to boost truck production
- General Motors Co said on Monday it plans to invest more than $1 billion in two of its manufacturing sites in Flint, Michigan, as it looks to ramp up production of its internal combustion engine heavy-duty (HD) trucks.
- 06/05/2023
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GM to invest more than $1 billion to produce new heavy-duty pickups
- Despite GM's commitment to exclusively offer all-electric vehicles by 2035, the company continues to invest in traditional vehicles such as heavy-duty pickups.
- 06/05/2023
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1 Stealth Growth Stock to Buy and Hold Until 2030
- General Motors has consistently reported strong profits in recent years. The Detroit auto titan has a promising growth plan, anchored on its aggressive investments in autonomous driving, electric vehicles, and connected services.
- 06/04/2023
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How Ford, GM auto dealers are thinking about Detroit's EV transition and their future
- As GM and Ford push the EV transition, local dealership owners are a key to selling the shift to car buyers.
- 06/03/2023
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Auto Stocks Are Soaring. 1 Reason Is a Golden Cross.
- Tesla stock is up more than 4% in late trading. One reason looks technical.
- 06/02/2023
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General Motors ($GM) Boosts North American EV Battery Production with New CAM Processing Complex
- General Motors (NYSE: GM), a leading electric vehicle producer, and POSCO Future M have announced the second phase of their Ultium CAM joint venture, aiming to boost North America's CAM production capacity. pCAM is a specifically engineered combination of processed raw materials necessary to produce CAM, a key battery material representing about 40% of the cost of a battery cell.
- 06/02/2023
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GM Deal Strengthens Its EV Supply Chain. The Stock Is Rising.
- General Motors and POSCO announce the next phase of their joint venture to supply EV battery materials to the car company's plants.
- 06/02/2023
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Exclusive: Stellantis, GM pay $363 million in US fuel economy penalties
- Chrysler-parent Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior model years, documents seen Friday by Reuters show.
- 06/02/2023
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GM and mobility battery maker Posco Future M to invest more than $1 billion in complex that will make key battery material CAM
- General Motors Co. GM, +2.17% and mobility battery maker Posco Future M said Friday they are planning to expand the electric vehicle battery supply chain in North America with a new complex that will produce Cathode Active Material, or CAM, a key battery material that accounts for about 40% of the cost of a battery cell. Currently, most CAM and pCAM, a specifically engineered combination of processed raw materials necessary to produce CAM, is made in Asia.
- 06/02/2023
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GM, Posco Future to expand EV battery supply chain
- General Motors Co and POSCO Future M said on Friday the companies will expand their electric vehicle battery supply chain in North America with latest investment that is projected to exceed $1 billion.
- 06/02/2023
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U.S. car sales are stronger than a year ago, but rising interest rates could hit demand
- U.S. auto sales are expected to be stronger than a year ago, but set to decline compared with April as concerns simmer about the U.S. economy and whether people will delay or forgo buying new cars amid rising interest rates and higher car prices.
- 06/01/2023
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2 Growth Stocks That Could Rally Over the Next Decade
- GM is aiming to double its revenue by 2030 by leaning into EVs and autonomous driving. Akamai is investing heavily in building out its cloud computing business.
- 06/01/2023
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5 Reasons to Buy Tesla Now
- A plethora of catalysts, a bargain basement valuation, financial efficiency, growth and liquidity, and strong technical action are key reasons why Tesla's stock should be higher 6-12 months from now.
- 06/01/2023
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 05/31/2023
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What Is Greedflation? 3 Examples of Greedflation in 2023.
- “Greedflation” seems to be Wall Street's favorite trending term lately. Used to describe companies that raised their prices above the scope of supply-side input cost increases, greedflation has, in some ways, become the primary suspect behind elevated prices.
- 05/30/2023
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The 3 Most Undervalued EV Stocks to Buy Before They Drive Higher
- We are all aware that the automotive future is electric, and there is no better time than now to invest in our future. If you are optimistic about the EV industry and its potential to reach new highs, now is the best time to invest in EV stocks.
- 05/30/2023
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General Motors secures funding for $600M battery plant in Quebec
- General Motors Co and Posco Future M Co Ltd have successfully secured half of the funding required for their ambitious electric-vehicle battery component plant in Quebec, thanks to financial support from provincial and federal governments. The project, which entails the creation of a cathode material factory called Ultium Cam, was initially announced by the US and South Korean companies in March 2022.
- 05/30/2023
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2 Warren Buffett Dividend Stocks Down More Than 40% to Buy Right Now
- Massive profits are fueling investments in GM's transition. Verizon is a cash-generating machine capable of supporting a fantastic dividend profile.
- 05/30/2023
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Canada, Quebec to provide about C$300 mln for GM-POSCO battery materials facility
- Canada's federal government and the Quebec province will each provide about C$150 million ($112 million) for a General Motors-POSCO Chemical battery materials facility that is expected create about 200 jobs in the country, the Canadian industry ministry said on Monday.
- 05/29/2023
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GM vs. TSLA: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Automotive - Domestic sector have probably already heard of General Motors Company (GM) and Tesla (TSLA). But which of these two companies is the best option for those looking for undervalued stocks?
- 05/29/2023
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Ford's EV charging deal with Tesla puts pressure on GM, other rival automakers
- A surprise deal between Ford and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers' EV strategies.
- 05/26/2023
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Ford CEO says China main EV rival, not GM, Toyota
- Ford Motor Co CEO Jim Farley said on Thursday Chinese electric vehicle makers are its main rivals in the sector, but the company has hurdles competing on cost at a smaller scale.
- 05/25/2023
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Why Is General Motors Company (GM) Up 0.2% Since Last Earnings Report?
- General Motors Company (GM) reported earnings 30 days ago. What's next for the stock?
- 05/25/2023
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This Is One of the Only Bank Stocks Buffett Hasn't Sold
- Berkshire Hathaway is the largest shareholder in Ally Financial. The company has consistently grown its depositors for the last decade.
- 05/25/2023
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7 EV Stocks With the Most Potential to Go the Distance
- While electric vehicles may dominate the roadways of the future, their general underperformance since the beginning of 2022 has clouded the narrative of EV stocks with high potential. To be sure, the dramatic rise of competition in the arena most likely won't be sustainable.
- 05/24/2023
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How Much Upside is Left in General Motors Company (GM)? Wall Street Analysts Think 46.98%
- The consensus price target hints at a 47% upside potential for General Motors Company (GM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 05/24/2023
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5 Valuable Price-to-Book Stocks to Boost Your Portfolio
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank (DB), General Motors (GM), Unum Group (UNM), StoneCo Ltd.
- 05/24/2023
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3 No-Brainer Stocks to Buy With $100 Right Now
- The stock market can be unpredictable in the short term, as the 2022 bear market demonstrated. Every sizable decline in the major U.S. stock indexes represents a surefire buying opportunity for patient investors.
- 05/24/2023
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One Surprising Automaker Could Be the Next Tesla
- Tesla (NASDAQ: TSLA ) stock is on a losing streak today as shares trek steadily downward. Despite some growth last week, it's clear that the overall outlook is bleak for the electric vehicle (EV) leader.
- 05/23/2023
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3 Auto Market Trends You Should Be Buying Right Now
- After two years facing various issues, the auto market is beginning to look up this year.
- 05/23/2023
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4 Low Price-to-Cash Flow Stocks to Refine Your Portfolio
- Value investing is essentially about selecting stocks that are cheap but fundamentally sound. Unum Group (UNM), General Motors (GM), American International Group (AIG) and Park Hotels & Resorts (PK) boast low P/CF ratios.
- 05/23/2023
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GM Enters Electric Pickup Battle With $40,000 Silverado
- General Motors is finally pushing into the heart of the electric pickup market with its Chevrolet Silverado work truck starting production this month. The Silverado will first be produced in small numbers as a work truck for fleet buyers with a range of 450 miles a charge, then for retail customers this fall at a price of about $40,000 and with a battery that can last for 350 miles, topping Ford's Lightning model by about 30 miles.
- 05/22/2023
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GM will introduce an all-electric Cadillac Escalade 'IQ' later this year
- GM said the new SUV will be called the "Escalade IQ," which continues Cadillac's EV naming strategy that so far includes the Lyriq and upcoming Celestiq.
- 05/22/2023
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Ford, GM and Toyota push into midsize pickup trucks, the latest battleground for U.S. automakers
- The small pickups have evolved from entry-level work trucks to pricey, capable and highly profitable models that can cost more than $60,000.
- 05/20/2023
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7 High-Reward Stocks Riding the EV Boom
- Electric vehicle stocks have emerged as one of the most sought-after investments. Furthermore, in the coming years, industry-leading EV companies are poised to dominate the auto market.
- 05/18/2023
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Cruise, Waymo near approval to charge for 24/7 robotaxis in San Francisco
- Self-driving vehicle companies Waymo and Cruise are on the cusp of securing final approval to charge fares for fully autonomous robotaxi rides throughout the city of San Francisco at all hours of the day or night.
- 05/18/2023
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3 Hidden Gems in the EV Stock Market That You Need to Know About
- With encouraging government policies aimed at boosting the electric vehicle industry, we have seen a massive rise in the demand for EVs across the world. Governments are going all out to help with the adoption of EVs and automakers are here to make the most of the situation.
- 05/17/2023
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Top 5 Value Stocks to Buy Amid Recession Threats
- We have narrowed our search to five value stocks. These are: SLCA, GM, UNM, MGM and UAL.
- 05/17/2023
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Vauxhall car maker calls for change to UK Brexit deal
- Stellantis, one of the world's largest automakers, has urged the UK government to renegotiate aspects of the Brexit deal to avoid potential harm to the car industry. The company, which produces brands including Vauxhall, Peugeot, Citroen, and Fiat, previously committed to manufacturing electric vehicles (EVs) in the UK.
- 05/17/2023
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GM's Net Income Plunged: Why You Shouldn't Care and Why It's Still a Buy
- 2023 could be the year Ultium helps power GM's EVs towards profitability. GM Cruise could be a difference maker for investors in terms of revenue.
- 05/14/2023
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Best Stock to Buy: Ford vs. GM
- Investors looking to capitalize on the growth of EVs may want to consider Ford and General Motors.
- 05/13/2023
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GM to recall nearly 1 million SUVs due to air-bag issue: Reuters
- General Motors Co. GM, -2.17% said it would recall nearly 1 million SUVs in the U.S. due to a defect that risked causing the front driver's side air-bag inflator to burst when activated, Reuters reported on Friday. Dealers will replace the component in question, Reuters said.
- 05/12/2023
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How 2 Top Automakers Are Tackling Booming EV Sales
- GM has helped secure battery material with key partnerships. This could be the year GM's Ultium platform starts pushing profitability for its EVs.
- 05/12/2023
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GM or TSLA: Which Is the Better Value Stock Right Now?
- Investors with an interest in Automotive - Domestic stocks have likely encountered both General Motors Company (GM) and Tesla (TSLA). But which of these two stocks offers value investors a better bang for their buck right now?
- 05/12/2023
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GM Envolve takes direct aim at Ford's fleet business
- With a new business unit introduced Wednesday, General Motors is taking direct aim at Ford Motor Co.'s lucrative fleet business. GM Envolve will work closely with large business and government fleet customers to tie them more closely to GM's other businesses.
- 05/11/2023
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Add These 5 Low Price-to-Book Stocks to Your Portfolio in May
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank (DB), General Motors (GM), Unum Group (UNM), PVH Corp. (PVH) and Varex Imaging Corporation (VREX) are some such stocks.
- 05/11/2023
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GM, Ford Will Have Trouble Selling EVs at a Profit: Analyst
- Electric vehicle costs are coming down, but not fast enough to help Ford and GM, says Wells Fargo analyst Colin Langan. He rates shares of both companies Sell.
- 05/11/2023
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GM Combines Sales Operations For All Commercial Units Under GM Envolve
- GM is consolidating the sales operations for all of its commercial and fleet products and services under its new Envolve business unit.
- 05/10/2023
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Value Investing: Three Dirt Cheap Stocks - JetBlue Airways (NASDAQ:JBLU), General Motors (NYSE:GM), DISH Network (NASDAQ:DISH)
- Walter J. Schloss is a name that may ring bells with value investors as he was deemed a “super-investor” by none other than Warren Buffett in a famous essay entitled “The Superinvestors of Graham-and-Doddsville,” which was published in the Columbia University Business School magazine back in 1984. Many incredibly successful value investors that traced their lineage back to Columbia University and Buffett's mentor, Benjamin Graham, were profiled in the article.
- 05/10/2023
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GM CEO Mary Barra: We aren't seeing signs of a consumer slowdown
- GM CEO Mary Barra joins 'Squawk on the Street' to discuss what Barra is seeing in pricing, electric vehicle pricing in light of competitor price cuts, and the impact of higher rates on the auto market.
- 05/10/2023
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3 No-Brainer Stocks to Buy With $200 Right Now
- Investors were taken for a wild ride in 2022, with all three major stock indexes falling into a bear market. Every stock market downturn throughout history has eventually been recouped by a bull market rally.
- 05/10/2023
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Fed's Going to Hike Two More Times: Citigroup GM's Chua
- "Fed's going to hike two more times and won't be done until July.” Johanna Chua, chief APAC economist at Citigroup Global Markets, discusses Fed policy and her outlook for inflation.
- 05/09/2023
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The EV market pricing war is a 'nightmare scenario' for investors, says Wedbush's Dan Ives
- Dan Ives, Wedbush Securities managing director, and Gordon Johnson, GLJ Research CEO, join 'Last Call' to discuss the future of EV's as auto stock struggle to keep the pace.
- 05/09/2023
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General Motors hires former Apple exec to run software unit
- General Motors has hired a former high-ranking executive at Apple to run a new software organization at the automaker.
- 05/09/2023
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UVeye's ‘MRI for cars' system lands startup $100M from GM, CarMax
- UVeye's automated vehicle inspection technology may have started out as a system to detect security threats, but the six-year-old Israeli startup has found deep interest and investment from the automotive sector.
- 05/09/2023
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GM Hires Former Apple Cloud Executive to Oversee Software
- Mike Abbott will lead a newly created unit developing in-vehicle technology.
- 05/09/2023
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General Motors taps Apple executive to lead software effort
- General Motors has hired Apple executive Mike Abbott to head up its software division as the automaker ramps up efforts to exert greater control over software development and compete with rivals such as Tesla. Abbott, the former vice president of engineering for Apple's cloud services division, will report to GM Chair and CEO Mary Barra.
- 05/09/2023
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Is the Electric Vehicle Movement Losing Steam?
- The electric vehicle (EV) movement has become a secular tailwind driven by both global decarbonization initiatives, social awareness and government incentives. EV stocks have seen a boom and bust cycle in the past three years with EV stocks losing most of their value.
- 05/08/2023
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10 Billion Reasons Not to Overlook This Part of GM and Ford
- BrightDrop is expected to reach $10 billion in revenue with 20% profit margins. BrightDrop has inked major deals with FedEx, Walmart, Ryder, and Hertz, among others.
- 05/06/2023
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7 Transportation Stocks to Buy for Big, Long-Term Gains
- Transportation isn't new or exciting. It's about as far away from A.I.
- 05/06/2023
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7 Lithium Stocks with Huge Return Potential for Long-Term Investors
- Lithium stocks may have slipped. But don't write them off just yet.
- 05/05/2023
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The 3 Most Undervalued Buffett Stocks to Buy in May 2023
- Warren Buffett's investment strategy has long focused on finding undervalued stocks with strong long-term potential. For investors looking to follow in his footsteps, identifying undervalued Buffett stocks to buy in 2023 is an excellent place to start.
- 05/05/2023
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The 3 Most Undervalued Stocks to Buy in May 2023
- An essential part of becoming a very profitable investor is finding undervalued stocks to buy. Then, once the market corrects, those particular stocks go up in price relative to their true worth.
- 05/05/2023
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10 Stocks to Buy Before They Become the Next Trillion-Dollar Companies
- As markets prepare for a looming turnaround, investors are redoubling their focus on finding the next trillion-dollar companies. At first glance, it might seem that Tesla (NASDAQ: TSLA ) is the most likely candidate for the market's most elite club.
- 05/04/2023
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3 Stocks to Buy Before They Soar to New Heights in 2023
- It is not easy to pick stocks for tomorrow's success but some companies do have certain elements that make them clear winners and ideal stocks to buy, no matter the market situation. We have had a mixed earnings season.
- 05/04/2023
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U.S. auto sales could surprise on the upside, Cox says
- April U.S. auto sales are predicted to top a recent forecast, thanks to higher inventories and a “healthy dose” of fleet sales, which are sales to rental-car and other companies.
- 05/03/2023
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 05/03/2023
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3 Top Stocks to Buy Before the Electric Vehicle Tipping Point
- By now, we're all aware of the electric vehicle (EV) boom. We know global leaders are racing to put millions of them on the roads by 2030 to battle climate issues, and global sales are accelerating.
- 05/03/2023
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GM, Ford, and Stellantis Posted Strong Numbers. No One Cared.
- The auto makers all reported better-than-expected first-quarter numbers. All three stocks are down.
- 05/03/2023
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The 7 Best Forever Stocks to Buy for May 2023
- Young and middle-aged investors should be looking for many forever stocks to buy at this point. Given the exceptionally strong businesses that the companies chosen for this column have, the lucrative sectors in which they operate and their lack of vulnerability to competition, you can hold these names until you retire.
- 05/03/2023
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General Motors: EV Story Looks Better Without Bolt
- GM made a surprise announcement during company's Q1 Earnings call where it said that it was phasing out Bolt EV. Such a ruthless decision along with its strong EV and ICE portfolios bodes well for the company's future growth prospects.
- 05/03/2023
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General Motors: Time To Buy, Sell Or Hold?
- GM has had a lackluster financial year at best. GM has excellent analyst ratings with 18 Buy recommendations and only 1 Sell.
- 05/02/2023
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2 Warren Buffett Stocks to Buy Now
- The best Buffett stocks pair long-term growth potential with reasonable valuations. GM is doing surprisingly well as it transitions to electric vehicles.
- 05/02/2023
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How to trade three stocks moving higher today: GM, NCLH, and ON
- Ari Wald, managing director at Oppenheimer, joins 'Power Lunch' to discuss three stocks making upward moves in today's market.
- 05/01/2023
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GM's stock is underappreciated, Morgan Stanley says as it lifts rating to buy
- General Motors Co.'s stock got an upgrade Monday from analysts at Morgan Stanley, who said that Wall Street is underappreciating the car maker's “improved capital discipline” and other positives.
- 05/01/2023
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Stocks to Buy: 7 Earnings Winners to Load Up on in May
- While the meat of the financial disclosure season didn't quite get off to an auspicious start, a few notable enterprises produced strong results, making them earnings winners stocks. Facing tough headwinds such as geopolitical dynamics, monetary policy concerns, and an economy that could still suffer a recession, investors should at least consider adding proven winners to their portfolios.
- 05/01/2023
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GM lays off hundreds of engineers and designers from product development group
- General Motors Company (NYSE:GM) said it has cut hundreds of full-time contract positions mainly from its engineering hub in Detroit. The cuts were to contract workers from the Detroit car maker's large product development group, who were terminated over the weekend, Wall Street Journal reported, citing a GM spokeswoman.
- 05/01/2023
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3 Red Flags for General Motors' Future
- Chasing short-term profits won't end well.
- 05/01/2023
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General Motors Stock Upgraded, Reclaims Key Level
- The shares of General Motors Company (NYSE:GM) are 3.5% higher to trade at $34.18 at last check, after Morgan Stanley upgraded the auto giant to "overweight" from "sector weight.
- 05/01/2023
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Morgan Stanley upgrades GM, stock sees a boost
- Yahoo Finance Live's Diane King Hall and Brad Smith discuss Morgan Stanley's Overweight rating on GM stock.
- 05/01/2023
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GM Stock Rises After Morgan Stanley Says Buy
- Morgan Stanley analyst Adam Jonas upgrades shares of the auto maker to Buy from Hold, and raises his price target to $38 a share from $35.
- 05/01/2023
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As Chevy nixes its Bolt EVs, there's just one electric car for under $30K
- The Chevy Bolt was America's third best-selling electric car last quarter. But it's on its last legs.
- 05/01/2023
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GM's Aftermarket Parts Sales Rise; So Does Warehouse Investment
- General Motors is investing heavily in another strain of its business besides EVs: warehouses for distributing replacement parts for the existing “park” of GM vehicles, nearly all of which run on internal-combustion engines.
- 04/30/2023
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GM's Chevy Bolt Heads to Scrapyard With Mixed Legacy
- Electric SUV got General Motors into the EV game, but battery fires tainted its image.
- 04/30/2023
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7 EV Stocks With Huge Return Potential for Long-Term Investors
- Electric vehicle (EV) sales are picking up. The International Energy Agency (IEA) just released a new report that shows electric vehicle sales around the world rose 55% in 2022 and surpassed 10 million units for the first time.
- 04/29/2023
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Why GM is killing the Chevy Bolt — America's cheapest EV — amid record sales
- To reach stated EV goals, GM needs the production capacity, profits and market positioning of its next-generation EVs. It doesn't believe it needs the Bolt.
- 04/29/2023
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Reclaiming Digital Control Is Goal Of New Moves By General Motors, Ford
- Years in the making, the U.S. auto industry may have passed an important tipping point in April: the point at which automakers began wresting control of the technology future of their industry from the limping digital juggernaut known as Big Tech.
- 04/28/2023
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Best Value Stocks to Buy for April 28th
- GM, HDELY and BYD made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 28, 2023.
- 04/28/2023
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Best Income Stocks to Buy for April 28th
- KOF, HDELY and GM made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 28, 2023.
- 04/28/2023
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New Strong Buy Stocks for April 28th
- HDELY, STLA, BYD, GM and KOF have been added to the Zacks Rank #1 (Strong Buy) List on April 28, 2023.
- 04/28/2023
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GM raised guidance, but its stock fell. Why Wall Street isn't buying in
- Analysts say eroding pricing power, labor concerns and challenges in producing EVs will make it harder for GM to perform at the profitability levels it has been.
- 04/27/2023
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Buy 7 April Buffett Dividend Dogs And Watch 2
- Buy 7 April Buffett Dividend Dogs And Watch 2.
- 04/26/2023
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General Motors Is in Better Shape Than You Think
- GM may not be a leader in EVs, but it's making lots of money and raised guidance, showing that it's on the right track.
- 04/26/2023
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GM's stock has faltered after an earnings bump but Wedbush analysts still believe the future is bright
- Shares of GM are down Wednesday, having given back most of Tuesday morning's gain on a first-quarter expectations beat. The stock fell 1.4% to $32.45, but analysts at Wedbush are unfazed.
- 04/26/2023
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GM vs. TSLA: Which Stock Is the Better Value Option?
- Investors interested in Automotive - Domestic stocks are likely familiar with General Motors Company (GM) and Tesla (TSLA). But which of these two stocks offers value investors a better bang for their buck right now?
- 04/26/2023
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GM may have seen ‘peak earnings,' analyst says
- General Motors Co. stock extended losses for a second session following a quarterly earnings beat and a guidance raise, and one Wall Street analyst set out to explain why.
- 04/26/2023
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Ford Attempts To Recoup Losses Following General Motors Guidance Cut: The Bull, Bear Case - Ford Motor (NYSE:F)
- Ford Motor Co F traded slightly higher in the premarket session Wednesday after closing Tuesday's session down over 3%.
- 04/26/2023
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GM Ending Production of Chevy Bolt, Its First Mass-Market Electric Vehicle
- One of the most affordable EVs on the market, the Bolt was plagued by battery fires that led to a complete model recall.
- 04/26/2023
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Enhance Your Portfolio With These 5 Low Price-to-Book Stocks
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank (DB), General Motors (GM), Unum Group (UNM), PVH Corp (PVH) and Asbury Automotive Group (ABG) are some such stocks.
- 04/26/2023
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These 3 EV Stocks Could Power Up Your Portfolio For the Next 5 Years
- As electric vehicle sales continue to surge, it's clear that this is a space that's ripe for long-term growth. However, many investors may be dissuaded from investing in the sector, who believe that Tesla (NASDAQ: TSLA ) has already provided all the growth there is.
- 04/26/2023
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Google, Microsoft, GM, McDonald's, and more: Earnings roundup
- It's earnings season! Yahoo Finance is here to help with a roundup of what we learned on Q1 company earnings from GM, Pepsico, McDonald's, Microsoft, Google, and more.
- 04/26/2023
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Hyundai, GM partner with Korean battery makers to build US plants
- Hyundai Motor Group and General Motors announced separately Tuesday plans to build electric vehicle battery plants in the U.S. in partnership with South Korean battery manufacturing firms. Hyundai will set up a $5 billion battery cell production joint venture in the U.S.
- 04/25/2023
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Cruise robotaxis can now operate 24/7 in San Francisco
- Cruise, the self-driving subsidiary of General Motors Co. GM, is now running its robotaxi service all day long in San Francisco.
- 04/25/2023
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General Motors to discontinue production of Chevy Bolt EV
- Yahoo Finance automotive reporter Pras Subramanian breaks down the latest news from the General Motors earnings call including GM's plans to discontinue production of the Chevy Bolt EV.
- 04/25/2023
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7 Growth Stocks With Huge Return Potential for Long-Term Investors
- Sooner or later, investors will stop fearing the “phantom recession,” i.e. the recession that really doesn't exist except in many economists' imaginations.
- 04/25/2023
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Cruise robotaxis now run all day in San Francisco, with public access after 10 p.m.
- GM-owned Cruise's announcement is one more step towards broader commercial deployment of an autonomous alternative to ride-hailing services like Uber or Lyft
- 04/25/2023
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Daily Dividend Report: General Motors, Raytheon Technologies, IBM, Honeywell, Eaton
- Daily Dividend Report: General Motors, Raytheon Technologies, IBM, Honeywell, Eaton
- 04/25/2023
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General Motors' raised guidance music to the ears of investors, says Wedbush
- Analysts at Wedbush noted that General Motors Company (NYSE:GM) delivered rock-solid March results out of the gates for 2023 with a strong outlook for the rest of the year and “a raised guidance bar” which is “music to the ears of investors.” GM reported first quarter results that saw revenue rise 11% year-on-year to $39.99 billion, handily beating Wall Street's estimate of $38.54 billion due to strong customer demand for its cars.
- 04/25/2023
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Cruise robotaxis are now operating everywhere, all at once in San Francisco (for employees)
- Cruise co-founder and CEO Kyle Vogt said Tuesday that the company's fleet of robotaxis are now operating 24 hours a day throughout all of San Francisco. And if you're an employee, you can access it.
- 04/25/2023
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General Motors Company (GM) Q1 2023 Earnings Call Transcript
- General Motors Company (GM) Q1 2023 Earnings Call Transcript.
- 04/25/2023
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Case-Shiller Shrinking but Q1 Earnings Better: MCD, PEP, GE, etc.
- The Case-Shiller Home Price Index is out this morning, for the month of February. On both the 10-city and 20-city report, we're seeing smaller growth levels to the previous month: +0.4% on both the 20-city and 10-city prints, down from +2.6% and +2.5%, respectively. All 20 cities' home prices in aggregate are down year over year, led by usual suspects Miami +10.8%, Tampa +7.7% and Atlanta +6.6%. Being from February, these figures are well in the rearview, but they do punctuate the sentence for the housing market as of this time.
- 04/25/2023
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Home Prices Rise at Slower Rate in February
- Home Prices Rise at Slower Rate in February.
- 04/25/2023
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Here's What Key Metrics Tell Us About General Motors Company (GM) Q1 Earnings
- The headline numbers for General Motors Company (GM) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 04/25/2023
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Chevrolet Bolt, GM's first popular electric vehicle, ends production this year
- The Chevrolet Bolt EV, General Motors first fully electric vehicle to be built and sold on a large scale, will go out of production by the end of this year.
- 04/25/2023
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Cramer's First Take: I think GM is doing much better than people realize
- CNBC's Jim Cramer shares his thoughts on the morning's earnings results.
- 04/25/2023
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GM is killing off the Chevy Bolt and Bolt EUV
- General Motors Chair and CEO Mary Barra said Tuesday the automaker will stop producing its two top-selling EVs: the Chevy Bolt and its larger sibling, the Bolt EUV, by the end of 2023.
- 04/25/2023
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The U.S. Government Just Picked 4 Electric Vehicle Stocks to Win
- On April 17 the IRS and Dept. of Energy published their list of which electric cars qualify for which IRS tax credits.
- 04/25/2023
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General Motors Company (GM) Q1 Earnings and Revenues Surpass Estimates
- General Motors Company (GM) came out with quarterly earnings of $2.21 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $2.09 per share a year ago.
- 04/25/2023
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General Motors boosts full-year guidance following strong 1Q earnings beat
- General Motors Company (NYSE:GM) shares are up 2.6% in premarket trading Tuesday after the company's first-quarter results beat expectations on both the top and bottom lines. The automaker posted revenue of $39.99 billion, up 11% from $36 billion last year and ahead of Street expectations of $38.96 billion, while adjusted earnings were $2.21 per share, compared to $2.06 a year earlier and expectations of $1.73.
- 04/25/2023
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GM to end production of electric Chevy Bolt, its first mass-market EV, later this year
- The Chevy Bolt EV and EUV, a larger version of the car, make up the vast majority of the company's electric vehicle sales to date.
- 04/25/2023
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GM beats Wall Street's top- and bottom-line forecasts
- CNBC's Phil LeBeau joins 'Squawk Box' to break down General Motors' quarterly earnings results.
- 04/25/2023
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GM earnings much better than expected as revenue climbs 11%
- General Motors reported a much better-than-expected first quarter, and said it will do even better than it expected for full-year earnings.
- 04/25/2023
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GM teams with Samsung SDI to invest over $3 billion to build and EV battery plant in the U.S.
- General Motors Co. GM and South Korea-based Samsung SDI Co. Ltd. KR:006400 announced Tuesday plans to invest more than $3 billion to build a battery cell manufacturing plant in the U.S. to scale electric-vehicle capacity.
- 04/25/2023
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First Republic stock tanks, UPS shares weaken while Spotify and GM shares gain
- These were the most active stocks in premarket U.S. trade on Tuesday, as investors confronted a wave of earnings reports.
- 04/25/2023
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GM stock rises on Q1 earnings beat, raised outlook
- General Motors Co. GM stock rose 3.6% in premarket trades Tuesday, after the car giant reported better-than-expected first-quarter results and raised its outlook. The car maker earned $1.69 a share on net income of $2.395 billion, compared with earnings of $1.35 a share and net income of $2.939 billion in the prior year's quarter.
- 04/25/2023
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General Motors raises 2023 guidance as first-quarter earnings beat expectations
- General Motors on Tuesday raised key guidance for 2023 after reporting first-quarter results that topped Wall Street's top- and bottom-line forecasts.
- 04/25/2023
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3 Electric Vehicle Stocks to Buy on EV Tax Credit Changes
- Electric vehicle stocks may break out from their downtrend after the U.S. Department of Treasury listed its $7,500 tax credit guidance. The Treasury's rules that take effect on April 18, 2023, will cut the number of vehicles that qualify for the EV tax credit.
- 04/25/2023
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GM to Build $3 Billion EV Battery Plant. It's Not the Only One With U.S. Plans.
- GM and Hyundai both unveiled U.S. battery-plant plans on Tuesday as they look to take advantage of electric-vehicle tax credits.
- 04/25/2023
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General Motors is set to report earnings before the bell. Here's what Wall Street expects
- GM CFO Paul Jacobson earlier this month said the first quarter was coming in "right alongside" the company's expectations, noting sales were up 18%.
- 04/25/2023
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First Republic Beats on -40.8% Deposits; Whirlpool Outperforms
- Things still don't look rosy at First Republic, but so far in Q1 earnings season, we don't see its issues affecting the entire banking industry.
- 04/24/2023
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GM Reports Earnings Tuesday. It's a Critical Time for Car Stocks.
- General Motors reports first-quarter results Tuesday morning. Wall Street is looking for operating profit of $3.2 billion and earnings per share of $1.72 on vehicle sales of $38.6 billion.
- 04/24/2023
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What To Expect From GM's Q1 Earnings?
- GM is expected to publish its Q1 2023 results on April 25 reporting on a quarter that saw the company's U.S. deliveries see strong gains.
- 04/24/2023
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GM Faces Lower Q1 Profit Target After Reclaiming U.S. Automaker Crown
- Analysts predict GM earnings will retreat from 2022 levels while sales are expected to be mostly flat. The post GM Faces Lower Q1 Profit Target After Reclaiming U.S. Automaker Crown appeared first on Investor's Business Daily.
- 04/24/2023
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‘Park outside': GM recalls 40,000 pickups to fix fire risk
- NEW YORK (AP) — General Motors GM is recalling certain Chevrolet Silverado medium-duty trucks for model year 2019 or later, following the discovery of a potential leak in brake fluid that could result in a fire.
- 04/24/2023
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More than 40,000 Chevy Silverado trucks recalled as GM warns people to ‘park outside' over fire risk
- General Motors GM is recalling 40,000 of its Chevrolet Silverado vehicles over concerns of a leak in brake fluid that could result in a fire.
- 04/24/2023
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Should You Buy General Motors (GM) Ahead of Earnings?
- General Motors (GM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/24/2023
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GM Is Recalling 40,000 Trucks. Why the Market Is Shrugging.
- General Motors is recalling the vehicles because a fault with the brake pressure sensor assembly could cause an electrical short-circuit.
- 04/24/2023
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Why Porsche, Mercedes and GM are betting on silicon-anode batteries
- Silicon-anode batteries could be the next big thing in tech, as they start to win the attention of Airbus, Porsche Mercedes-Benz and General Motors.
- 04/22/2023
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Here's what Tesla earnings might mean for GM earnings next week
- General Motors Co. is slated to report quarterly earnings before the bell on Tuesday, on the heels of a difficult quarter for Tesla Inc. and amid heated EV price wars.
- 04/20/2023
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GM earnings preview: with a history of outpacing expectations, can they do it again?
- General Motors is due to report earnings before the market opens on April 25. The company has beaten earnings expectations in three of the last four quarters, and analysts at Zacks believe another surprise may be on the way.
- 04/20/2023
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Ford Vs. General Motors: EV Marathon
- Ford Vs. General Motors: EV Marathon.
- 04/20/2023
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7 Low-PE Ratio Blue-Chip Stocks Offering Both Quality and Value
- While the concept of acquiring low-PE ratio blue-chip stocks (that is, industry-leading stalwarts that feature low price-earnings ratios relative to their sectors) appeals on paper, investors need to be cautious. You can't just buy companies based on any one single metric.
- 04/19/2023
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Why General Motors Company (GM) Could Beat Earnings Estimates Again
- General Motors Company (GM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/19/2023
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You'll Never Guess Who Is Beating Tesla in Autonomous Driving
- Tesla doesn't have fully autonomous vehicles on the road today, but this company does.
- 04/19/2023
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4 Auto Giants Whose EVs Qualify for $7,500 US Tax Credit
- Per the list released by the U.S. Treasury Department, EVs manufactured by GM, F, TSLA and STLA qualify for the $7,500 in tax credits this year. Read on to know which vehicles meet the eligibility criteria.
- 04/19/2023
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 04/18/2023
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Time to Buy Tesla Stock Before Q1 Earnings?
- Tesla (TSLA) will be a highlight of this week's earnings lineup, set to report its first-quarter results on Wednesday, April 19.
- 04/17/2023
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How EV Incentives Impact Auto Stocks
- The revised federal tax credits for electric vehicles, driven by new battery sourcing requirements, benefit U.S. automakers like Tesla, GM, Ford, and Stellantis while leaving Hyundai, Kia, Nissan, and Volkswagen at a disadvantage, potentially impacting their stock performance.
- 04/17/2023
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2023 EV Tax Credit List: The Only 14 Electric Vehicles That Still Qualify
- We're approaching that time of year again when last year's models are getting cleared out to make space for the newest cars on the lot. Accordingly, for car buyers looking at electric vehicles (EVs), the 2023 EV tax credit will likely be an important factor to consider when picking a vehicle.
- 04/17/2023
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U.S. Treasury announces revised qualifications for EV tax credits
- CNBC's Phil Lebeau joins 'Squawk on the Street' to discuss revisions to the EV tax incentives which pertain to battery component sourcing and battery mineral sourcing.
- 04/17/2023
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Tesla Model 3 Loses Half Its EV Credits. GM Gets to Keep Them All
- Tesla and GM update for investors about what electric vehicles qualify for what EV tax credits. The news is better for GM.
- 04/17/2023
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GM reveals Buick Envista as brand's last new gas-powered vehicle
- The 2024 Buick Envista will be the brand's last new gas-powered vehicle ahead of its transition to an all-electric domestic lineup by 2030.
- 04/17/2023
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GM Gambles on In-House Tech Over Apple and Google Apps
- Last month, General Motors tapped Google to help create electric vehicle infotainment systems. Google, but not the company's Android Auto, or Apple's CarPlay.
- 04/16/2023
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The Stock That's Set to Win the EV Arms Race
- No matter which EV company sells the most cars, there's one company they almost all will rely on to manufacture their vehicles.
- 04/16/2023
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New EPA restrictions spell trouble for auto stocks, expert says
- Carleton English, Jack Hough and Andrew Bary discuss what's next for the Federal Reserve, new restrictions from the EPA and commodities on ‘Barron's Roundtable.' https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street.
- 04/15/2023
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EPA's New Proposal to Fast Track US EV Sales: 5 Stocks in Focus
- As EPA's stringent auto emissions standards are set to spur EV sales in the United States, investors should add stocks like GM, TSLA, BWA, ALB and ENS to gain exposure to the thriving industry.
- 04/14/2023
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Mizuho's EV warning: GM's transition to EVs will face profitability hurdle
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
- 04/14/2023
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Future Cars, Auto Industry Recovery Put Components Suppliers On Strong Footing
- Robust growth and strong earnings outlooks have propped auto supplier stocks. Safe, connected future cars are a key driver.
- 04/13/2023
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GM expands high-end Chevy Silverado HD lineup with new ZR2 off-road model
- Automakers such as GM, Ford Motor and others have been growing off-road vehicle offerings as a way to boost profits.
- 04/13/2023
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GM invests $50 million in direct lithium extraction tech firm
- (Kitco News) - EnergyX's direct lithium extraction technology portfolio can extract lithium metal directly from brine, which enables more cost-effective and sustainable lithium recovery.
- 04/12/2023
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7 Blue-Chip Stocks to Buy for 100% Returns
- Typically, blue-chip stocks to buy don't attract attention for their sheer upside potential. Rather, these enterprises bank on their established businesses to provide steady rewards for their stakeholders.
- 04/12/2023
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These Stocks Generate Tons of Cash
- Cash is king again, and these companies make lots of it.
- 04/12/2023
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GM leads $50M EnergyX deal to lock down lithium for its EVs
- Eager to secure all the lithium it needs to power a growing lineup of electric vehicles, General Motors said on Tuesday that it will lead a $50 million investment into lithium extraction and refining startup EnergyX. With the deal, the legacy automaker says it will help EnergyX scale its lithium-extraction tech.
- 04/11/2023
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GM Is Pouring $50 Million Into a Lithium Start-Up. It's Full Speed Ahead on EVs.
- The legacy automaker took a stake in EnergyX, which is privately held.
- 04/11/2023
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General Motors invests in EnergyX to develop US-based lithium supply for EVs
- General Motors Company (NYSE:GM) announced it is investing in lithium technology startup Energy Exploration Technologies (EnergyX) in support of its strategy to invest in every stage of the battery supply chain in North America as demand for electric vehicles (EVs) ramps up. The two companies said in a statement that GM Ventures is leading a $50 million Series B financing round in EnergyX and has entered into a strategic agreement to develop EnergyX's lithium extraction and refinery technology.
- 04/11/2023
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General Motors will lead a $50 million funding round for lithium extraction startup EnergyX
- GM's is leading a $50 million funding round for Texas startup EnergyX, which has a more efficient and sustainable method to extract lithium from brine.
- 04/11/2023
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Buy These 5 Low Price-to-Book Value Stocks in April
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank (DB), General Motors (GM), Unum Group (UNM), PVH Corp. (PVH) and EnerSys (ENS) are some such stocks.
- 04/11/2023
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GM or TSLA: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Domestic sector might want to consider either General Motors Company (GM) or Tesla (TSLA). But which of these two stocks presents investors with the better value opportunity right now?
- 04/10/2023
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There's No Such Thing As An ‘Interest Rate'
- There's no one interest rate simply because there's no one borrower.
- 04/09/2023
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General Motors Trounces Ford In EV Sales: Is the Stock a Buy?
- Ford was the No. 2 EV seller in the U.S. last year, trailing Tesla.
- 04/09/2023
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3 Reasons General Motors Stock Is a Buy Now
- GM's sales, consumer loyalty, and vehicle awards are impressive. Management is adapting quicker than in decades past.
- 04/09/2023
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EV Company News For The Month Of March 2023
- Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in advance of new emissions standards due July 1, 2023.
- 04/08/2023
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Cruise recalls 300 robotaxis, issues software update after crashing into city bus
- GM's self-driving unit Cruise filed with federal regulators a voluntary recall to update the software in 300 robotaxis after one struck the back of a city bus in San Francisco.
- 04/07/2023
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GM Financial to Release First Quarter 2023 Operating Results
- FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) will release its first quarter 2023 operating results on Tuesday, April 25, 2023. The press release and earnings presentation for fixed income investors will be posted to the Investor Relations section of the Company's website at www.gmfinancial.com. Questions on the materials should be directed to GM Financial's Investor Relations Department.
- 04/07/2023
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GM self-driving unit Cruise recalls 300 vehicles after crash
- General Motors' self-driving unit Cruise is recalling the automated driving software in 300 vehicles after a March 23 collision with a San Francisco bus.
- 04/07/2023
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My Top 10 Growth Companies To Invest In April 2023
- In this article, I will introduce you to 10 growth companies which I currently consider to be attractive. The selected picks have shown significant growth over the past years and all of them are in strong financial health.
- 04/06/2023
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General Motors: Time For Dividend Raise
- GM significantly lags peer Ford in terms of annual dividend yield. Increase in quarterly payment would help sentiment.
- 04/06/2023
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GM overtakes Ford as second-largest seller of EVs in the US
- General Motors Company (NYSE:GM) had overtaken Ford Motor Company (NYSE:F) to become the second-best seller of electric vehicles (EVs) in the United States during the first quarter. GM this week reported EV sales of 20,670 during 1Q, almost double that of Ford's 10,866 EVs sold during the same period.
- 04/05/2023
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4 Low Price-to-Cash Flow Stocks to Garner Superior Returns
- Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. PVH Corp. (PVH), Unum Group (UNM), General Motors (GM) and Asbury Automotive (ABG) boast low P/CF ratios.
- 04/05/2023
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My Dividend Growth Income - March 2023 Update
- Dividends received in March totaled $644.63, a new personal record. Forward dividend income grew by $130, translating to M/M growth of 2.27%.
- 04/05/2023
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Looking for a Growth Stock With a Dividend Kicker? Try GM.
- General Motors (NYSE: GM ) is firing on all cylinders. Plus, the American auto sector is again accelerating.
- 04/04/2023
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General Motors stock slides after 5,000 employees take buyouts
- Shares of General Motors Company (NYSE:GM) slid Tuesday after roughly 5,000 white-collar employees took advantage of a buyout program designed to shrink the automaker's workforce. The program is expected to cost the company about $1 billion this quarter, according to chief financial officer Paul Jacobson.
- 04/04/2023
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GM Expects 50,000 EVs Sold in Q2
- General Motors Executive Vice President and North America President Steve Carlisle joins Caroline Hyde and Ed Ludlow to discuss the company's first-quarter results and why they believe GM is taking market share from Tesla. -------- Like this video?
- 04/04/2023
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GM Says 5,000 White-Collar Workers to Depart Through Buyouts
- The auto maker initiated the reduction as part of an effort to cut $2 billion in costs by the end of 2024.
- 04/04/2023
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GM says 5,000 employees took voluntary buyouts, expects $1B savings
- General Motors expects to avoid the need for more layoffs after the buyouts.
- 04/04/2023
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General Motors Company (GM) Bank of America 2023 Global Auto Summit (Transcript)
- General Motors Company (NYSE:GM ) Bank of America 2023 Global Auto Summit April 4, 2023 10:30 AM ET Company Participants Paul Jacobson - Chief Financial Officer Conference Call Participants John Murphy - Bank of America John Murphy For the next session, we're very happy to have General Motors. It's a company that we think arguably is leading the charge in the core to future transition that we mentioned earlier today really leveraging its core in a tremendous way to drive tremendous profit and cash flow here in the near-term and has been for actually the last few years to fund its investment in the mid and long-term strategies of EVs, AVs and connected vehicles and creating a huge opportunity that they've highlighted at their Investor Day recently for 2030 of almost doubling the revenue base.
- 04/04/2023
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Ford Stock Slips as EV Sales Slow. GM Has Taken Second Place.
- The auto maker's EV deliveries decelerated last month, opening the door for GM to gain ground for quarterly U.S. EV sales.
- 04/04/2023
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5,000 GM salaried staff took buyouts
- About 5,000 General Motors white collar employees have taken buyouts, according to GM CFO Paul Jacobson.
- 04/04/2023
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GM overtakes Ford as second best-seller of EVs in U.S. but still trails Tesla by a wide margin
- General Motors pulled ahead of Ford Motor to become the country's second best-seller of electric vehicles during the first quarter.
- 04/04/2023
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5,000 GM Employees Reportedly Take Buyouts In Cost-Cutting Program
- GM had reportedly laid off as many as 500 employees last month.
- 04/04/2023
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General Motors news: the automaker expects $1.0 billion charge in Q1
- Shares of General Motors Company (NYSE: GM) are in the red this morning after the legacy automaker said it expects to take about a $1.0 billion charge in the first quarter. GM wants to lower costs by $2.
- 04/04/2023
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GM says about 5,000 salaried employees taking its buyout
- About 5,000 General Motors Co.'s GM, -2.55% U.S. salaried employees and global executives are taking the buyouts the auto maker offered in March, CNBC reported Tuesday, citing Chief Financial Officer Paul Jacobson. GM expects to write off about $1 billion in charges during the quarter as a result of the program, according to the report.
- 04/04/2023
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GM says 5,000 salaried workers will take buyouts, expects $1 billion charge in first quarter
- About 5,000 white-collar workers at GM opted to participate in a buyout program to lower the automaker's global headcount and fixed costs.
- 04/04/2023
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 04/04/2023
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General Motors' (GM) Q1 Deliveries Witness Uptick of 18% Y/Y
- General Motors' (GM) reports total deliveries of 603,208 vehicles in the first quarter of 2023, an 18% rise year on year.
- 04/04/2023
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U.S. auto sales rise 7.5% in first quarter, even as interest rates for car loans hit 15-year high
- DETROIT — U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane.
- 04/03/2023
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GM auto sales top 20,000, on track for 50,000 EVs produced through June
- CNBC's Phil LeBeau reports GM auto sales top 20,000 for the first quarter.
- 04/03/2023
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GM's first-quarter sales up 18%
- General Motors Co. GM, -1.44% said Monday it sold 603,208 vehicles in the first quarter, up 18% year-on-year, including a jump of 27% for fleet sales. The auto maker said it saw sales growth across all brands and it also grew its market share.
- 04/03/2023
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GM Delivers More Than 20,000 Electric Vehicles in the First Quarter
- GM delivers 20,670 electric vehicles in the first quarter, up from 16,266 delivered in the fourth quarter and up from the 457 delivered in the first quarter of 2022.
- 04/03/2023
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General Motors' U.S. sales jump 18% in the first quarter
- General Motors said on Monday that its first-quarter U.S. sales rose 18% from a year ago, to just over 600,000 vehicles delivered.
- 04/03/2023
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Ryder to add 4,000 EVs from GM subsidiary BrightDrop to its fleet
- Logistics company Ryder System Inc. R, +2.53% announced Monday that it plans to add 4,000 additional electric vans from BrightDrop to its fleet through 2025. BrightDrop is a subsidiary of General Motors Co. GM, +1.92% “We aim to make fleet electrification as seamless as possible by investing in alternative vehicle solutions to offer sustainable and economic advantages for our customers,” Tom Havens, Ryder's president of fleet management solutions, said in a release.
- 04/03/2023
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GM Picks Google Over Apple for Connected EV Projects
- General Motors has enlisted Google to help build infotainment systems for electric vehicles. The automaker will stop using Apple CarPlay and Android Auto systems beginning with the 2024 Chevrolet Blazer, Reuters reported Friday (March 31).
- 04/02/2023
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GM plans to phase out Apple CarPlay in EVs, with Google's help
- General Motors plans to phase out widely used Apple CarPlay and Android Auto technologies that allow drivers to bypass a vehicle's infotainment system, shifting instead to built-in infotainment systems developed with Google for future electric vehicles.
- 04/01/2023
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This Dirty Little Secret Could Mean Major Upside for These 2 Auto Stocks
- Large fleet orders are no longer low-margin sales. EV fleet sales are a huge opportunity as companies switch fleets away from combustion engines.
- 03/31/2023
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GM drops Apple CarPlay service, partners with Google on future EV assistance
- Yahoo Finance Live discusses General Motors' plan to partner with Google for EV assistance after dropping its partnership with Apple CarPlay.
- 03/31/2023
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U.S. Auto Sales: GM, Ford, Tesla To Lead 'Unexpectedly Strong' First Quarter
- After a tough 2022, analysts say Q1 U.S. auto sales are likely to grow more than expected, led by General Motors, Ford and Tesla. The post U.S. Auto Sales: GM, Ford, Tesla To Lead 'Unexpectedly Strong' First Quarter appeared first on Investor's Business Daily.
- 03/31/2023
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GM plans to phase out Apple CarPlay in EVs, with Google's help
- General Motors plans to phase out widely-used Apple CarPlay and Android Auto technologies that allow drivers to bypass a vehicle's infotainment systems, shifting instead to built-in infotainment systems developed with Google for future electric vehicles.
- 03/31/2023
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GM's Electric Blazer And Its Future EVs To Lose Apple Carplay And Android Auto Support
- Starting with the 2024 Chevrolet Blazer EV launching later this year, new GM EVs will no longer support Apple Carplay and Android Auto projection systems as they move to a more integrated infotainment solution.
- 03/31/2023
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5 Stocks I Bought More of in March
- The market has been volatile lately, but I recently added some money to my account.
- 03/31/2023
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New auto prices expected to ease later this year
- CNBC's Phil LeBeau reports on the turnaround in auto sales in the first quarter of 2023.
- 03/30/2023
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7 March Buffett Dividend Dogs To Buy And One To Watch
- This Buffett holdings list from Kiplinger first appeared 2/14/23 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 3/23/23 YCharts data. 33 of 49 current Berkshire-Hathaway-owned-stocks pay dividends. As of 3/23/23, the top-ten ranged 3.42%-5.48% by annual-yield and 47 of 49 ranged -1.94% to 90.81% per broker-estimated target-price-upsides.
- 03/27/2023
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GM Pounds Ford
- Last August, the shares of Ford were handily outperforming GM's. That ended.
- 03/25/2023
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There's More to the Mint Mobile Deal Than Ryan Reynolds
- Are General Motors and Outset Medical on your radar?
- 03/25/2023
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5 Low Price-to-Book Stocks to Add to Your Portfolio
- The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank (DB), General Motors (GM), Unum Group (UNM), Park Hotels & Resorts (PK) and Sterling Infrastructure (STRL) are some such stocks.
- 03/24/2023
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2 EV Stocks For Your March 2023 Watchlist
- Two EV stocks to watch in the stock market today.
- 03/23/2023
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GM to stop making Chevy Camaro, leaving muscle car's future uncertain
- General Motors announced Wednesday that it's ending production of the latest generation of the Chevrolet Camaro, leaving the Ford Mustang as the last gasoline-powered American performance coupe.
- 03/23/2023
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Cruise robotaxis blocked a road in San Francisco after a storm downed trees and wires
- A witness told CNBC the driverless Cruise vehicles did not appear to detect and avoid the caution tape and bus wires, and instead became "tangled in them."
- 03/22/2023
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GM to stop making iconic Chevrolet Camaro following sales slump
- The current sixth-generation Camaro -- introduced in 2016 -- has done well on the racetrack, but sales have been tailing off in recent years.
- 03/22/2023
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GM to stop making Camaros in January 2024
- DETROIT (AP) — The Chevrolet Camaro, for decades the dream car of many teenagers, is going out of production.
- 03/22/2023
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GM vs. TSLA: Which Stock Is the Better Value Option?
- GM vs. TSLA: Which Stock Is the Better Value Option?
- 03/22/2023
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The Chevrolet Camaro as you know it will fall out of production next year, GM says
- GM did not announce a replacement or next-generation of the car, but said the current sixth-generation muscle car will not be the "end of Camaro's story."
- 03/22/2023
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Race for Affordable EVs Begins: Here's How the Competition Looks
- While Tesla (TSLA) fails to keep up its promise to launch a $25K EV by this year, VWAGY makes headlines as it unveils its ID.2all, the base price of which is EUR 25K.
- 03/22/2023
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General Motors (GM) to Expand Robotaxi Services in California
- California appears to be the breeding environment for increased robotaxi operations of General Motors' (GM) Cruise.
- 03/22/2023
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14 Stocks' Amazing Rallies This Year Are Now Completely Gone
- Nothing lasts forever. At least that's the lesson for S&P 500 stock investors this year as big gains slip away.
- 03/22/2023
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Why Rivian, Ford, and General Motors Jumped Today
- Ford is adding another iconic name to its EV lineup -- this time just for Europe. GM still hopes to beat Tesla in at least one area of the EV business.
- 03/21/2023
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 03/21/2023
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GM Is Expanding Its Key Self-Driving Taxi Business
- Expanding Cruise is key for the auto maker and General Motors investors.
- 03/21/2023
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GM's Cruise seeks to test its driverless cars across all of California
- Cruise, the self-driving unit of General Motors Co. that operates a robotaxi service in San Francisco, has applied for permission to test its autonomous vehicles across all of California.
- 03/20/2023
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Buy the Recent Dip in Tesla (TSLA) or General Motors (GM) Stock?
- Let's see if the recent dip in Tesla and General Motors stock is a buying opportunity.
- 03/20/2023
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Auto inventories are rising, but will incentives follow suit?
- CNBC's Phil LeBeau looks at auto inventories on the rise. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Julie Biel.
- 03/20/2023
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7 Great Value Stocks to Buy While You Can
- According to JPMorgan, “Value investing is about picking stocks based on their potential long-term value,” and “Value investors are looking to buy stocks that are overlooked by other investors.” With concerns about the economy being way overdone at this point and fears on the Street, in general, running relatively high, there are many value stocks to buy that market is vastly underestimating “potential long-term value.
- 03/20/2023
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Ford and GM follow Tesla's lead and wade into China price war by offering big discounts to boost sales, report says
- Ford and GM join a list of more than 40 carmakers offering deep discounts in China after Tesla reduced its prices, The Wall Street Journal reported.
- 03/19/2023
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1 Often-Overlooked Dividend Stock to Buy Now
- Stellantis' P/E is lower than its Detroit competitors, despite outearning them. Some of that is due to its EV strategy compared to its rivals, which worries some investors.
- 03/19/2023
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Current Climate: Breeding A Better Tomato Faster, Plus: How GM & VW Are Beating Tesla
- This week's Current Climate, which every Saturday brings you the latest news about the business of sustainability.
- 03/18/2023
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How You Can Invest in Cruise (the Autonomous Driving Company)
- This is a clear leader in autonomous driving with a lot of growth potential.
- 03/18/2023
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General Motors' China business is hurting, and it's not just because of Covid
- GM's market share in the country, including its joint ventures, has plummeted 34% since 2015, for multiple reasons.
- 03/17/2023
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3 EV Battery Stocks That Are Fueling the Electric Revolution
- With the world taking huge strides in the transition to electric vehicles, there has been a spike in demand for EVs, as well as the batteries that power them and the materials needed to build those batteries. Prior to the latest bear market, this demand led to a spike in the value of EV-related stocks, including EV battery stocks.
- 03/16/2023
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3 AI Stocks That Are Revolutionizing the Auto Industry
- Auto AI stocks are a great investment opportunity for investors. With technological advancement comes a profound change for the automotive sector.
- 03/16/2023
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3 Domestic Auto Stocks Well-Poised to Fend Off Industry Woes
- While the rising economic uncertainty has dampened the Domestic Auto Industry's prospects, industry players like GM, PCAR and HOG are better equipped to tide over the headwinds.
- 03/16/2023
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The 7 Most Overvalued Buffett Stocks to Sell in March 2023
- Warren Buffett's Berkshire Hathaway (NYSE: BRK.B ) stock didn't suffer much after posting big 2022 losses just a few weeks ago. But those losses do have investors wondering if it continues to be overvalued, and if so, where?
- 03/15/2023
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VW And GM Are Passing Tesla In The Race To Sell Affordable EVs
- European auto giant VW has a $26,400 hatchback that it says will be on the road by 2026, and GM is rolling out a $30,000 electric Equinox this year, joining its $27,000 Bolt hatchback. Meanwhile, the cheapest Tesla is $43,000.
- 03/15/2023
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General Motors (GM) Mexico Truck Plant Down, Pay Hike Affirmed
- General Motors' (GM) light-duty truck plant in Silao, Guanajuato, Mexico, halts production due to unspecified part shortage. Nods to a 10% salary hike at Mexico's largest factory.
- 03/15/2023
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Why General Motors Stock Slid 5% Today
- General Motors is losing the executive who was the public face of its EV transition. A factory making Chevrolet and GMC pickups will remain shut for at least a week longer than planned.
- 03/15/2023
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Cruise to begin testing Origin robotaxis in Austin in coming weeks
- Cruise, the self-driving unit under GM, is rolling out its custom built Origin robotaxi on Austin's public streets in the next several weeks, CEO Kyle Vogt said while on stage at SXSW. The Origin vehicles won't be accessible to the public — at least for awhile.
- 03/14/2023
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ChatGPT Will 'Be in Everything' GM Exec Says
- “ChatGPT is going to be in everything,” said General Motors Vice President Scott Miller. And eventually, that “everything” could include your new Chevy or Buick.
- 03/12/2023
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GM is teaming with Microsoft to develop a ChatGPT-like virtual assistant for future cars, report says
- GM reportedly plans to incorporate the AI technology behind ChatGPT into a personal assistant in its cars that can respond to a variety of commands.
- 03/10/2023
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GM explores using ChatGPT in cars as part of Microsoft partnership
- "ChatGPT is going to be in everything," GM Vice President Scott Miller said.
- 03/10/2023
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Some of Our Favorite Stocks Are Companies Run by Women
- International Women's Day has come and gone, but as women continue to break barriers in corporate spaces, we would like to highlight just a few of the women CEOs from heavy-hitter companies that we mention often and note how their stock is doing.
- 03/10/2023
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GM explores using ChatGPT in vehicles
- General Motors Co is exploring uses for ChatGPT as part of its broader collaboration with Microsoft Corp , a company executive told Reuters on Friday.
- 03/10/2023
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GM buyout: Workers offered severance packages of up to 12 months
- GM announced late last month that it would be slashing jobs and cutting some $2 billion in costs over the next two years.
- 03/10/2023
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General Motors (GM) Offers Voluntary Buyout to Reduce Costs
- General Motors (GM) offers voluntary buyout to the majority of its U.S. employees to slash structural costs over the span of the next two years.
- 03/10/2023
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GM's Massive Firings
- The chief executive officer at General Motors has decided that her slow move into the essential electric vehicle (EV) market, and probably the coming recession, means she must batten down the hatches.
- 03/10/2023
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General Motors Offers ‘Majority' Of Salaried Staff Buyouts
- GM has more than 58,000 salaried employees in the U.S.
- 03/09/2023
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GM offers voluntary buyouts to the 'majority' of U.S. salaried workers
- CNBC's Phil LeBeau reports breaking news on General Motors.
- 03/09/2023
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GM said no layoffs. Now it's asking workers to quit
- General Motors said in January it would save $2 billion without planning any layoffs. But on Thursday it said it was looking for workers to leave voluntarily.
- 03/09/2023
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GM Is Battening Down The Hatches and Cutting Employees To Save Costs
- On Thursday, General Motors announced a voluntary separation program, or VSP, to accelerate cost savings.
- 03/09/2023
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GM stock slips after disclosing ‘voluntary separation program' resulting in $1.5 billion employee separation charges
- Shares of General Motors Co. GM, -0.29% slipped 0.1% in premarket trading Thursday, after the automaker announced a voluntary separation program (VSP) that is expected to lead to an employee separation charge of $1.5 billion. The announcement comes a little over a week after The Detroit News reported that GM was cutting about 500 jobs, which was roughly a month after the company said it wasn't planning layoffs.
- 03/09/2023
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Precious Metals Royalty And Streaming Companies: The February Report
- The Precious Metals R&S Index declined by 10.37% in February. The Precious Metals R&S Equally Weighted Index declined by 5.63%.
- 03/09/2023
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GM EV push ‘stalling' as Hummer, Lyriq rollouts slow: WSJ
- General Motors Co.'s GM, -0.18% rollout of two key electric vehicles, the Hummer EV and the Cadillac Lyriq, is slower than expected, The Wall Street Journal reported Wednesday, citing people familiar with the matter. GM has been making about a dozen Hummers a day as the vehicle's waitlist has more than 80,000 people, the report said.
- 03/08/2023
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- General Motors Company (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 03/07/2023
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General Motors Company (GM) Morgan Stanley Technology, Media & Telecom Conference
- General Motors Company (NYSE:GM ) Morgan Stanley Technology, Media & Telecom Conference March 6, 2023 6:20 PM ET CorporateParticipants Gil West - Chief Operating Officer, Cruise ConferenceCall Participants Brian Nowak - Morgan Stanley Brian Nowak Good afternoon, everyone. We're thrilled today to have Gil West, the COO of Cruise with us.
- 03/06/2023
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GM's Cruise to focus on cost cuts as it ramps up robotaxis
- General Motors Co's robotaxi unit Cruise is focusing on cutting costs this year, a top executive said on Monday, as mounting losses in the autonomous vehicle companies have sparked investor concerns and forced some to shut shop.
- 03/06/2023
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Analysis: American carmakers muscle up on software, tech to keep horsepower wars going
- American carmakers will lean on technology to keep the horsepower wars going among their electric muscle cars, a tectonic shift from the big, rumbling motors of the past.
- 03/06/2023
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The Big Question for Goldman's CEO David Solomon
- At Goldman Sachs' investor day, management said they are exploring "strategic alternatives" for its consumer banking business. However, management also spent time speaking about how it plans to improve the consumer business over the next few years.
- 03/06/2023
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7 Growth Stocks to Consider for Long-Term Portfolio Gains
- With the Federal Reserve perhaps poised to raise benchmark interest rates again, a temptation exists to avoid long-term growth stocks altogether. Should borrowing costs rise sharply, this dynamic would kill expansionary initiatives.
- 03/05/2023
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EV Company News For The Month Of February 2023
- Global electric car sales Jan. 2023 were up 10% YoY to 11% share. China sales down 8% YoY to 26% share. Europe up 3% YoY to 17% share. EV market news - Rho Motion forecasts over 14 million global BEV and PHEV sales in 2023. No more fossil-powered taxis in Hamburg starting in 2025.
- 03/04/2023
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My Dividend Growth Income - February 2023 Update
- Dividends received in February totaled $244.23. Forward dividend income grew by $71.65, translating to M/M growth of 1.27%.
- 03/03/2023
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The Only 7 Battery Stocks That Matter
- Over the past few years, wagering on battery stocks has been a lucrative endeavor for stock market investors. Powered by the monstrous growth in the electric vehicles (EV) and renewable energy markets, these stocks have generated handsome returns for their investors.
- 03/02/2023
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Ford Vs. General Motors: Which Is The Better Risk/Reward Choice?
- Investing in companies from the Automobile Manufacturers Industry comes along with relatively high-risk factors. While the S&P 500 has shown a Total Return of -4.78% within the past 12 month-period, General Motors has a Total Return of -15.66% while Ford's is -24.54%.
- 03/02/2023
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GM reportedly cuts 500 executive level workers in ‘performance calibration' strategy
- Yahoo Finance automotive reporter Pras Subramanian joins the Live show with a report on General Motors' layoffs of executive employees.
- 03/01/2023
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Consumers are more interested in cars under $30,000 than they were, says CarGurus CEO Jason Trevisan
- CNBC's Phil LeBeau and Jason Trevisan, CEO of CarGurus, joins 'Power Lunch' to discuss strong quarterly earnings, revenue volatility in wholesale car sales and digitizing car purchases online.
- 03/01/2023
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General Motors Layoffs 2023: What to Know About the Latest GM Job Cuts
- One of Motor City's most iconic names is joining the growing list of companies laying off workers. General Motors (NYSE: GM ) had previously been trying to hold out on job cuts.
- 03/01/2023
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General Motors is reportedly cutting around 500 jobs, a month after CEO said ‘We're not planning layoffs'
- General Motors Co. is cutting salaried and executive staff positions as part of a move to lower costs, the auto maker said Tuesday.
- 03/01/2023
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General Motors to cut job cuts in US$2bn savings plan
- General Motors Company (NYSE:GM) is set to axe 500 executive and salaried roles globally as part of a wider effort to reduce costs, despite claiming just last month it would not cut staff. "In an environment where our competitors' margins are improving, it's imperative that we act now and focus on our own efficiency," the US-based automaker's chief people officer, Arden Hoffman said.
- 03/01/2023
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Lucira Stock Jumps over 250% on FDA Approval, Beware Chapter 11
- Lucira Health Inc. (NASDAQ: LHDX) shares spiked up 264% to close at $0.52 on a massive 278 million shares traded on the announcement of FDA approval for its combination at-home COVID-19 and a flu test. The over-the-counter (OTC) 30-minute at-home rapid test can detect influenza A and B and the SARS-CoV-2 virus using nasal swabs.
- 03/01/2023
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GM to Axe Hundreds of Jobs. But It's Not About Cutting Costs.
- GM representatives on Tuesday said the cuts affected a small number of employees.
- 03/01/2023
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General Motors expects to lay off 500 salaried employees
- GM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits.
- 02/28/2023
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2023 Layoff Tracker: GM Reportedly Cutting Hundreds Of Employees
- Twilio, Yahoo, Disney, News Corp, Zoom, eBay, Boeing and Dell have all announced major layoffs this month.
- 02/28/2023
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UAW leadership faces historic upheaval ahead of union negotiations with Detroit automakers
- The leadership shuffle follow a years-long federal investigation that uncovered systemic corruption involving bribery and embezzlement by top UAW leaders.
- 02/28/2023
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2 Unbelievably Cheap Stocks to Buy Right Now
- The more expensive of these two trades for just 6.5 times earnings.
- 02/28/2023
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4 February Buffett Dividend Dog Buys + 4 To Watch
- This Buffett holdings list from Kiplinger first appeared 2/14/23 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 2/23/23 YCharts data. 33 of 49 current Berkshire-Hathaway-owned-stocks pay dividends. As of 2/23/23, the top-ten ranged 3.06%-4.10% by annual-yield and 47 of 49 ranged -9.13% to 77.51% per broker-estimated target-price-upsides.
- 02/26/2023
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The Top 7 Growth Stocks in the Booming Battery Industry
- While the electric vehicle revolution may be one of the most significant developments in the market today, an alternative to playing this segment can be found via the top battery growth stocks to buy. Sure, picking a specific EV brand theoretically offers the greatest upside potential.
- 02/23/2023
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7 Super Speculative Stocks That Could Make You Very Rich
- Growth stocks are indisputably heating up on Wall Street. In a recent CNBC article, the financial news outlet suggested that “retail investors” are responsible for the surge.
- 02/23/2023
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Lithium Miners News For The Month Of February 2023
- Lithium chemical prices were significantly lower and spodumene prices were roughly flat over the past month. Lithium market news - GM invests US$650m into Lithium Americas in return for Thacker Pass lithium off-take deal. Bloomberg: Tesla is considering a bid for battery metals miner (Sigma Lithium).
- 02/23/2023
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 02/22/2023
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General Motors: All In On The USA
- Automotive supply chains were thrust to the forefront of our society when chip shortages caused vehicle prices to skyrocket. General Motors has since invested in securing semiconductor supply. EV metals are set to fall into a prolonged period of undersupply, lasting far longer than the semiconductor shortage.
- 02/22/2023
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Top Stocks To Buy Now? 3 EV Stocks To Know
- Do you have these electric vehicle stocks on your February 2023 watchlist?
- 02/21/2023
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General Motors Has Work Ahead With Electric Vehicles
- It won't be easy to produce 400,000 cumulative BEVs in North America by mid-2024. GM plans to rapidly scale capacity to build 1 million EVs in North America by the end of 2025.
- 02/20/2023
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Could This Boring Stock Be a 10-Bagger By 2030?
- This "legacy" company has several overlooked potential growth pathways.
- 02/20/2023
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GlobalFoundries and General Motors Team Up -- a Win-Win for Both Companies?
- Three semiconductor investors discuss how legacy car maker General Motors is trying to get ahead of the chip supply chain struggles.
- 02/19/2023
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If You Own These 3 Growth Stocks, You Might Want to Rethink Your Position
- These growth stocks are ridiculously expensive.
- 02/18/2023
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Warren Buffett Refuses To Part With 21 Beloved Stocks
- Warren Buffett is increasingly willing to dump his lousy stocks. But there's a group of beloved S&P 500 stocks he won't sell.
- 02/17/2023
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GM CEO Barra on Truck Demand, EV Plans and China Market
- General Motors Chair and CEO Mary Barra discusses GM's electric-vehicle plans and the importance of the Chinese market with David Westin on "Bloomberg Markets: The Close." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.
- 02/16/2023
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7 Stocks to Buy for the Future of Autonomous Vehicles
- With advancing technologies making the unbelievable transition from science fiction into science fact, forward-looking investors may want to consider autonomous vehicles stocks to buy. To be sure, the segment carries significant risks.
- 02/16/2023
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5 Stocks Both Warren Buffett and Cathie Wood Own in 2023
- These two investing icons might not agree on very many things, but both have put money on the line with these stocks.
- 02/16/2023
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General Motors: Don't Be Blinded by Tesla's Price War
- General Motors ( GM , Financial) shares had a strong run in 2021 but fell back to earth in 2022 due to the bursting of the market bubble, high inflation, rising interest rates and continued supply chain issues. Nevertheless, its earnings kept improving, and eventually the stock began to follow along despite the bear market.
- 02/15/2023
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Factbox: Potential winners and losers from the new U.S. EV charging standards
- The Biden administration announced new standards for building out a national electric vehicle charging network on Wednesday as part of a push to accelerate the adoption of electric vehicles (EVs).
- 02/15/2023
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Chipmaker Blasts Into Buy Zone On IoT Expansion, 700% Growth
- As semiconductor stocks soar, GlobalFoundries inks a deal with GM to make chips and posts 700% growth. GFS stock soars on the news.
- 02/15/2023
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General Motors (GM), Magna Deepen Ties for Battery Enclosures
- General Motors (GM) expands its partnership with Magna (MGA) to source battery enclosures for the new Chevy Silverado EV in Michigan.
- 02/14/2023
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Kia's Super Bowl Binky Dad Spot Beats GM, Stellantis For Sparking Web Traffic
- If clicks tell the story, reaction to the four auto commercials airing during the Super Bowl ranged from meh to yeah with a devoted dad's wild ride to fetch his baby's binky sparking the most action on auto buying and research site Cars.com.
- 02/13/2023
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For GM and Ford, Pricing Isn't the Risk That Investors Think
- The auto makers are selling fewer cars and showing more operating profit. The expectation that a pricing drop will hurt is overblown.
- 02/13/2023
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GM Outperforms Tesla
- General Motors Inc. (NYSE: GM) ran ads on Fox during the Super Bowl.
- 02/13/2023
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3 Smart Stocks to Buy Now (While Everyone Else Hates Them)
- Finding the best stocks to buy sometimes means being a little contrarian. These stocks to buy are investments with great prospects.
- 02/13/2023
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7 Stocks to Buy and Hold for the Next 20 Years
- When looking for stocks to buy and hold for the next 20 years, it's essential to find ones with economic moat. After all, when it comes to picking stocks, they should strong competitive advantages that are in durable sectors.
- 02/12/2023
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Best Stock To Buy: Ford Stock vs. GM Stock
- Investors looking to capitalize on the popularity of EVs may be better served choosing a legacy car company.
- 02/11/2023
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Analyzing My Market-Beating DGI Portfolio: I Must Be Doing Something REIT
- I perform a deep dive analysis of my dividend growth income portfolio for which I currently provide monthly income updates. In the past 12 months, this portfolio has beaten the S&P 500 by a noticeable margin.
- 02/11/2023
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Why you won't see many car ads during Sunday's Super Bowl
- The only automakers expected to advertise during Sunday's game between the Eagles and Chiefs on Fox are GM, Kia and Stellantis' Ram and Jeep brands.
- 02/10/2023
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GFS Stock Alert: GlobalFoundries, General Motors Team Up on Chip Production
- While mass layoffs have predominantly characterized tech firms lately, GlobalFoundries (NASDAQ: GFS ) is bringing some much-needed positive energy to the sector. Earlier this morning, the semiconductor contract manufacturing and design company inked a deal with automaker General Motors (NYSE: GM ).
- 02/09/2023
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General Motors Reaches Deal to Ensure Its Chip Supply
- The semiconductor maker GlobalFoundries will dedicate part of its output to G.M. as the automaker offers more electric vehicles and driver-assistance systems.
- 02/09/2023
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General Motors Stock Pops After Chip Agreement
- General Motors Company (NYSE:GM) stock is up 3.1% to trade at $42.88 at last check, after the automotive manufacturer inked a long-term agreement with GlobalFoundries.
- 02/09/2023
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GM locks in exclusive semiconductor chip production with GlobalFoundries
- Automakers have struggled in recent years to secure the semiconductor chips needed in today's modern and increasingly tech-laden vehicles. The shortage has chipped away at profits, periodically idled factories and left automakers with unfinished vehicles that consumers are ready to buy.
- 02/09/2023
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GM inks agreement with GlobalFoundries to secure chips made in the U.S.
- General Motors Co and chipmaker GlobalFoundries Inc on Thursday announced a long-term deal for the automaker to secure U.S.-made processors that will enable it to avoid the factory-halting chip shortages that kept millions of cars from being manufactured during the pandemic.
- 02/09/2023
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General Motors signs deal with GlobalFoundries for exclusive U.S. semiconductor production
- GM has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of U.S.-produced semiconductor chips.
- 02/09/2023
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Here is What to Know Beyond Why General Motors Company (GM) is a Trending Stock
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 02/09/2023
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GM may take small stake in Brazilian miner Vale
- General Motors Co. GM, +0.41% has discussed taking a small stake in Brazilian miner Vale SA's VALE, base metals unit, a business that mines and processes nickel and other metals crucial to building electric vehicle batteries, according to people familiar with the matter.
- 02/08/2023
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Lithium Americas remains a ‘Buy' as favourable ruling will help unlock General Motors' $650M investment, Stifel analysts say
- Lithium Americas Corp (TSX:LAC, NYSE:LAC) has received a favourable ruling from the US District Court regarding its Thacker Pass project in Nevada's Humboldt Country, which is the first step to unlock General Motors's investment in the project, broker Stifel GMP said in a note as it kept its ‘Buy' rating and $370 price target on the stock. Noting that the Nevada District Court declined to vacate the Bureau of Land Management (BLM)'s Record of Decision (RDD) that approved LAC's mine plan for its Thacker Pass lithium project, the analysts said the ruling is an overall positive for LAC that confirms the BLM adequately considered environmental and social impacts in issuing their permit.
- 02/08/2023
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My Dividend Growth Income - January 2023 Update
- Dividends received in January totaled $451. Forward dividend income grew by $1,171, translating to M/M growth of 26.08%.
- 02/08/2023
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General Motors: On The Road To Recovery
- General Motors beat analysts' earnings expectations due to further increases in car prices. There is still a big deficit in the car market: car makers cannot keep up with demand.
- 02/08/2023
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EV Company News For The Month Of January 2023
- Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments nearly doubled in 2022.
- 02/07/2023
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The 7 Best Battery Stocks to Buy for February 2023
- Although electric vehicles are all the rage these days, investors should also think infrastructurally for profits, thus boding well for the best battery stocks to buy for Feb. Fundamentally, it's difficult to figure out which EV brand will win out in the end. Ultimately, as the decades pass by, the industry will likely consolidate to a select few players.
- 02/07/2023
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Are These Best ETFs And Stocks On Your Radar Amid New 'Power Trend'?
- With a new Nasdaq "power trend" emerging, see the best ETFs and top stocks to watch, such as Axon, earning a spot on IBD Leaderboard. The post Are These Best ETFs And Stocks On Your Radar Amid New 'Power Trend'?
- 02/06/2023
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U.S. Treasury secretary to visit GM JV battery plant in Tennessee
- Treasury Secretary Janet Yellen will visit a General Motors LG Energy Solution joint venture battery cell manufacturing plant in Tennessee on Wednesday to tout rising U.S. electric vehicle and battery production, the department said Monday.
- 02/06/2023
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If I Could Buy 1 Auto Stock, This Would Be It
- A secure supply chain for EVs and a vision for the future of driverless vehicles make this a top auto stock to buy now.
- 02/05/2023
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Ford vs. GM: A tale of two automakers
- GM and Ford are driving down two different paths for investors, creating a divide within the automotive sector after quarterly earnings and input from the CEOs.
- 02/04/2023
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More EVs Qualify for Tax Credits Under New Rules
- Manufacturers stand to benefit as the Treasury Department announced that more electric vehicles (EVs) will be eligible for federal tax credits.
- 02/03/2023
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Tesla, GM to see more EVs eligible for tax credits under new U.S. rules
- More electric vehicles made by Tesla Inc., General Motors Co. and other auto makers will be eligible for tax credits under a revamp announced by the Biden administration on Friday.
- 02/03/2023
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Tesla, Ford and GM win in EV tax credit change
- A few more electric vehicle models now qualify for the federal EV tax credit, including GM's Cadillac Lyric, the Ford Mustang Mach E and Tesla's five-seater Model Y thanks to a change by the U.S. Treasury. The U.S.
- 02/03/2023
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Biden administration expands EV tax credits in boost for Tesla, Cadillac, others
- The EV tax credit change follows Tesla CEO Elon Musk publicly criticizing the former standards as well as GM and Ford lobbying to adjust the guidelines.
- 02/03/2023
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What's Next For GM After A Solid Q4?
- Over the quarter, revenue rose 28% year-over-year to $43.11 billion, while adjusted earnings stood at $2.12 per share, up from $1.35 in the year-ago quarter.
- 02/03/2023
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General Motors (GM) to Invest $650M in Lithium Americas
- General Motors (GM) is set to make a whopping investment of $650 million in lithium production company Lithium Americas (LAC) to gain exclusive access to the key components of EV batteries.
- 02/02/2023
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Why General Motors Stock Zoomed Nearly 6% Higher Today
- The company keeps up its good momentum with the launch of a high-powered marketing campaign.
- 02/02/2023
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Why General Motors Shares Climbed in January
- The automaker is holding up much better than investors had feared.
- 02/02/2023
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Should You Take General Motors for a Ride After Earnings?
- General Motors Co. (NYSE: GM) is up over 7% on the day it handily beat expectations on the top and bottom lines. The automaker is seeing the supply chain loosening, boosting sales and profits in the quarter.
- 02/02/2023
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Honda to start producing new hydrogen fuel cell system co-developed with GM
- Japan's Honda Motor Co said it will start producing a new hydrogen fuel cell system jointly developed with General Motors Co this year and gradually step up sales this decade, in a bid to expand its hydrogen business.
- 02/01/2023
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Buy This Beaten-Down EV Stock Before It's Too Late
- It's not a pure-play EV stock, but it's one of the least risky ways to bet on the future of the automotive industry.
- 02/01/2023
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Here's What Key Metrics Tell Us About General Motors Company (GM) Q4 Earnings
- The headline numbers for General Motors Company (GM) give insight into how the company performed in the quarter ended December 2022, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/01/2023
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Trident Royalties welcomes General Motors involvement in Thacker Pass project
- Trident Royalties has welcomed the involvement of US car maker General Motors (GM) in the Thacker Pass lithium development in Nevada. GM has said it will invest US$650mln into the project to develop it with operator Lithium Americas.
- 02/01/2023
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GM CEO Barra on the company's pricing strategy
- Cramer spoke with General Motors CEO Mary Barra on Tuesday.
- 01/31/2023
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Markets Close Well into the Green; AMD, SNAP Report Q4
- The Dow gained +356 points, +1.06%; the S&P 500 reached +1.48%; and the tech-heavy Nasdaq rose +191 points, +1.68% for the session.
- 01/31/2023
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General Motors Beats on Earnings, Capping a Strong 2022
- General Motors, the biggest U.S. automaker by sales, posted better-than-expected fourth quarter results that capped a strong year, and issued a powerful 2023 outlook.
- 01/31/2023
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Why General Motors Stock Jumped Today
- Strong truck and electric vehicle sales helped the automaker post sharply higher profits in 2022.
- 01/31/2023
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General Motors opts to maintain EV prices as competition with Ford, Tesla revs up
- Yahoo Finance automotive correspondent Pras Subramanian joins Yahoo Finance Live to break down the latest from GM's earnings.
- 01/31/2023
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Options Traders Zoom Towards General Motors Stock After Earnings
- General Motors (NYSE:GM) is seeing a surge in post-earning options activity, with more than 150,000 calls and 78,000 puts crossing the tape so far today.
- 01/31/2023
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Why GM is investing almost $900 million in V8 engines amid the industry-wide EV push
- General Motors Chief Financial Officer Paul Jacobson joins Yahoo Finance Live to discuss why the company continues to invest big in internal combustion engines while still planning to go all-electric by 2035. The segment aired on January 31, 2023.
- 01/31/2023
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Bed Bath & Beyond Bankruptcy Looms, GM Beats On Earnings, and BP's Energy Outlook
- TheStreet's J.D. Durkin shares today's major market stories including Bed Bath & Beyond's looming bankruptcy, GM's fourth quarter results, and BP's downward outlook on oil and gas demand.
- 01/31/2023
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GM says no to price cuts, diverging from rivals Tesla and Ford
- General Motors Co. said Tuesday its car prices are right where they need to be, raising questions on Wall Street about whether that might be a too-aggressive strategy amid concerns about demand and price cuts at Tesla Inc. and Ford Motor Co.
- 01/31/2023
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General Motors Q4 results: ‘we're positioned to win in EV space'
- General Motors Co (NYSE: GM) is up nearly 10% this morning after the legacy automaker reported better-than-expected results for its fourth financial quarter. General Motors stock up on strong guidance The stock is up also because the car manufacturer issued upbeat guidance for the full year.
- 01/31/2023
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GM invests $650M in lithium mining to lock down EV raw materials
- General Motors said Tuesday it will invest $650 million into Lithium Americas as part of an agreement to develop a mine in Nevada, the latest effort by the automaker to lock down a supply chain of key components needed to produce millions of EVs.
- 01/31/2023
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GM makes $650 million investment in Lithium Americas to support Thacker Pass development
- (Kitco News) - Lithium Americas will supply GM with lithium carbonate production from Phase 1 of Thacker Pass. The Offtake Agreement between the two companies will be based on an agreed upon price formula linked to prevailing market prices.
- 01/31/2023
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General Motors doesn't expect significant U.S. production of EVs until second half of year
- General Motors executives blamed U.S. battery cell plants for the company's slow rollout of EVs.
- 01/31/2023
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The 'land grab' for lithium is just getting started with GM deal, says EV materials expert
- As automakers scale up their electric vehicle production, they will also have to compete to control access to minerals critical for production, like lithium.
- 01/31/2023
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GM CFO: Earnings ‘set another record' in Q4
- General Motors Chief Financial Officer Paul Jacobson joins Yahoo Finance Live anchor Brian Sozzi to discuss company earnings, price cuts, job layoffs, inflation, competing in the EV space, and the outlook for General Motors.
- 01/31/2023
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General Motors Company (GM) Q4 2022 Earnings Call Transcript
- General Motors Company (NYSE:GM ) Q4 2022 Earnings Conference Call January 31, 2023 8:30 AM ET Company Participants Ashish Kohli - Vice President of Investor Relations Mary Barra - Chair and Chief Executive Officer Kyle Vogt - Chief Executive Officer of Cruise Paul Jacobson - Executive Vice President and Chief Financial Officer Daniel Berce - Senior Vice President and President and Chief Executive Officer, GM Financial Conference Call Participants Daniel Ives - Wedbush Securities Rod Lache - Wolfe Research Itay Michaeli - Citigroup Global Markets John Murphy - Bank of America Merrill Lynch Ryan Brinkman - J.P. Morgan James Picariello - BNP Paribas Exane Mark Delaney - Goldman Sachs Adam Jonas - Morgan Stanley Christopher McNally - Evercore ISI Emmanuel Rosner - Deutsche Bank Operator Good morning, and welcome to the General Motors Company Fourth Quarter 2022 Earnings Conference Call.
- 01/31/2023
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GM Drains the Dregs of the Pandemic Boom
- General Motors' annual results show a business on the cusp of radical change and uncertainty.
- 01/31/2023
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Employment Cost Index Comes in Lowest Since Q4 2021
- Employment Cost Index Comes in Lowest Since Q4 2021.
- 01/31/2023
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General Motors Beats on Earnings, Topping a Record 2022
- General Motors, the biggest U.S. automaker by sales, posted better-than-expected fourth quarter results that lifted full-year earnings to record levels, and issued a powerful 2023 outlook.
- 01/31/2023
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GM to invest $650 million in a lithium company to support its electric vehicle business
- GM to invest $650 million in the lithium company Lithium Americas to support its EV business, which CEO Mary Barra says will have "a breakout year" in 2023.
- 01/31/2023
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Analysis: GM goes slow on EVs as rivals fight a price war
- General Motors Chief Executive Mary Barra is betting that moving more slowly than Tesla or Ford to accelerate electric vehicle production for North America will be more profitable in the long run.
- 01/31/2023
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General Motors ($GM) Invests $650 Million into Lithium Americas ($LAC) to Develop Thacker Pass Mine
- General Motors (NYSE: GM) and Lithium Americas (NYSE: LAC) have announced a joint investment to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world. Under the agreement, GM will make a $650 million equity investment in Lithium Americas to produce battery raw materials for the automaker's proprietary Ultium battery cells.
- 01/31/2023
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GM reports upbeat earnings, smashes expectations
- Yahoo Finance Live anchors Brad Smith, Brian Sozzi, and Julie Hyman discuss the rise in stock for GM following quarterly earnings.
- 01/31/2023
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Don't expect price cuts on GM's $100,000 electric Hummer, despite EV discounts from Tesla and Ford
- GM doesn't expect to cut prices for its own electric cars like the GMC Hummer EV or Cadillac Lyriq, CFO Paul Jacobson said Tuesday.
- 01/31/2023
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General Motors Company (GM) Beats Q4 Earnings and Revenue Estimates
- General Motors Company (GM) delivered earnings and revenue surprises of 26.19% and 4.35%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/31/2023
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GM Is Standing Up to Tesla. Here's Who's Really Winning.
- Neither automaker is the biggest winner on Tuesday.
- 01/31/2023
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GM shoves aside recession fears with robust 2023 forecast
- In the fourth quarter, GM earned $2 billion, up from $1.7 billion the previous year, as higher prices and increased sales volume in North America more than offset higher costs.
- 01/31/2023
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GM beats expectations on top and bottom line
- CNBC's Phil LeBeau reports on General Motors' quarterly earnings results.
- 01/31/2023
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Lithium Americas Soars After GM Invests $650 million. The EV War Is Escalating.
- General Motors is developing a lithium deposit mine in Nevada, to directly source the material that is critical for making batteries to power electric vehicles.
- 01/31/2023
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GM Earnings Beat Forecasts. Outlook Is Positive for Car Makers.
- General Motors reported earnings per share of $2.12 and operating profit of $3.8 billion from sales of $43.1 billion. All the numbers topped Wall Street estimates.
- 01/31/2023
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GM easily beats earnings expectations and offers upbeat outlook
- Shares of General Motors Co. GM, -4.37% were up more than 4% in premarket activity Tuesday after the car company easily topped expectations with its fourth-quarter results and issued an upbeat profit forecast. The company logged net income of $2.00 billion, or $1.39 a share, compared with $1.74 billion, or $1.16 a share, in the year-prior period.
- 01/31/2023
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Carvana, NXP Semi, Whirlpool, Caterpillar, GM, and More Market Movers
- Caterpillar, General Motors, Exxon Mobil, Pfizer, United Parcel Service, and McDonald's are scheduled to report quarterly earnings Tuesday.
- 01/31/2023
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General Motors is set to report earnings before the bell. Here's what Wall Street expects
- The auto industry's earnings and forecasts are being closely watched by Wall Street for any signs of weakening consumer demand.
- 01/31/2023
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Ford and General Motors enter a new phase of uncertainty on prices and demand
- Ford and General Motors are set to report earnings this week.
- 01/30/2023
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3 Stocks to Avoid This Week
- These investments seem pretty vulnerable right now.
- 01/30/2023
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Charles Schwab's Customer Care Powers It To No. 1 In IBD's Best Online Brokers Survey
- Schwab beat Fidelity and its own subsidiary, TD Ameritrade, with the top score in 7 out of 18 key attributes. The post Charles Schwab's Customer Care Powers It To No.
- 01/30/2023
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7 EV Stocks That Can Really Go the Distance in 2023 and Beyond
- Although market analysts often pound the table on electric vehicles, the harsh reality is that one must exercise discretion with EV stocks. Frankly, most of the upstart brands that you see today probably won't be with us several years down the line.
- 01/29/2023
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3 Stocks With Surprising Growth Potential
- Many investors consider these stocks boring, but I disagree.
- 01/29/2023
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Carmakers face a crossroads as they work to fit auto dealers into their EV plans
- For dealers, EVs will mean new employee training, infrastructure and substantial investments to be able to service, sell and charge the vehicles.
- 01/28/2023
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 01/26/2023
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6 Great Stocks to Buy in 2023 and Hold Forever
- I own all six great businesses and don't plan to sell a single share.
- 01/26/2023
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From Heated Seats To Wearable Heart Monitors; Chip Design Software Maker's Stock Nears Buy Point With $215 Billion Opportunity
- Growth stock Cadence nears a buy point as it eyes $215 billion opportunity benefiting from Apple, Tesla and chip industry's transition to system-on-a-chip designs. The post From Heated Seats To Wearable Heart Monitors; Chip Design Software Maker's Stock Nears Buy Point With $215 Billion Opportunity appeared first on Investor's Business Daily.
- 01/25/2023
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3 January Buffett Dividend Dog Buys Plus 5 To Watch
- This Buffett holdings list from Kiplinger first appeared 11/15/22 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 1/23/23 YCharts data. 33 of 49 current Berkshire-Hathaway-owned-stocks pay dividends. As of 1/23/23 the top-ten ranged 3%-4.54% by annual-yield and 47 of 49 ranged -5.52% to 72.83% per broker-estimated target-price-upsides.
- 01/25/2023
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Key Predictions as General Motors (GM) Gears Up for Q4 Earnings
- The Zacks Consensus Estimate for General Motors' (GM) Q4 earnings and revenues is pegged at $1.63 per share and $41.54 billion, respectively.
- 01/25/2023
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3 Outstanding Dividend Stocks You Can Buy Now and Hold Forever
- For years, these businesses have impressed investors with their ability to raise quarterly dividend payouts.
- 01/24/2023
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General Motors: Misunderstood Pessimism
- GM plummeted over 50% from its January 2022 peak, despite being touted as a "bargain buy." Investors seek assurance in management's capability to steer the US auto industry towards a successful EV transformation.
- 01/23/2023
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Better Buy: Tesla vs. a 50/50 Split of Ford and GM
- These automakers are down big from their highs and could be worth considering now.
- 01/23/2023
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U.S. hits record transaction prices for new vehicles as inventory remains unchanged
- CNBC's Phil LeBeau reports on auto pricing.
- 01/23/2023
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Giant Fund Buys Up Tesla and Plug Power Stock, Sells GM
- DNB Asset Management increased positions in Tesla and Plug Power, while slashing its stake in General Motors in the fourth quarter.
- 01/22/2023
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GM to invest $918 million in factories to build out V-8 engines, EV parts
- This segment originally aired on January 20, 2023. Yahoo Finance autos reporter Pras Subramanian discusses GM's latest investment into EVs and engine manufacturing.
- 01/20/2023
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GM and LG scrap plans to partner on fourth U.S. battery factory
- A U.S. battery-cell factory that had been in the works between General Motors Co. GM, -1.06% and LG Energy Solution 373220, +2.96% has been shelved indefinitely, people familiar with the matter said, marking a pause in the fast-growing partnership between GM and the Korean battery supplier.
- 01/20/2023
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GM, LG indefinitely shelve plans for fourth U.S. battery-cell plant
- GM is expected to continue with its plans to build the plant but is searching for another partner, according to a person familiar with the decision.
- 01/20/2023
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GM, please build the baby EV pickup of my dreams
- In an industry obsessed with making everything huge (at least here in the U.S.), you may not've expected GM to show interest in an electric baby pickup, but here we are.
- 01/20/2023
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GM, LG Energy drop plan for fourth U.S JV battery plant
- General Motors Co and LG Energy Solution do not plan to move forward with a fourth U.S. battery cell manufacturing plant, sources told Reuters on Friday.
- 01/20/2023
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GM, LG Scrap Plans to Partner on Fourth Factory
- A U.S. battery-cell factory that had been in the works between General Motors and LG Energy Solution has been shelved indefinitely.
- 01/20/2023
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GM investing $918 million in new V-8 gas engines and EV components
- About $579 million will go toward GM's sixth-generation family of small block V-8 gas engines that are used in highly profitable vehicles.
- 01/20/2023
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7 Electric Vehicle Stocks Vying for Tesla's Crown
- There's an unrelenting competition to dethrone Tesla, as the world's most notable EV company. In fact, there are dozens of EV firms and electric vehicle stocks ying for Tesla's crown.
- 01/19/2023
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7 Stocks We Like Better Than Mullen (MULN) Automotive
- As much as the market loves electric vehicle upstart Mullen Automotive (NASDAQ: MULN ), investors – even those focused on speculative trades – should realize that other, arguably more compelling stocks to buy exist. Don't get me wrong, I love Mullen, too.
- 01/19/2023
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Why GM's new Chevy Corvette is a hybrid and not an all-electric car
- The Chevy Corvette E-Ray – starting at about $104,000 – may surprise some consumers, as it's a step toward full electrification but a unicorn in GM's lineup.
- 01/19/2023
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2024 Chevrolet Corvette E-Ray Hybrid Revealed
- The E-Ray is the first hybrid and the first all-wheel driven 'Vette in the brand's history. It's also the quickest yet.
- 01/18/2023
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GM unveils first-ever 'electrified' Corvette
- General Motors just introduced its first-ever 'electrified' version of the company's iconic sports car, the Corvette. The E-Ray hybrid will be GM's quickest-ever Corvette, and will go 0-60mph in 2.5 seconds.
- 01/17/2023
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2024 E-Ray hybrid is the fastest Corvette ever, going zero-to-60 in 2.5 seconds
- DETROIT — The fastest Corvette ever made comes out later this year, and it's not powered solely by a howling V8.
- 01/17/2023
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2024 Chevrolet Corvette E-Ray Is an All-Season Performance Hybrid
- The E-Ray adds an electric motor to the mid-engine Corvette for hybrid all-wheel drive, boosting its performance, stability, efficiency and price.
- 01/17/2023
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GM's Hybrid Corvette Is Its Fastest Ever
- General Motors' Chevrolet unit has unveiled its fastest ever Corvette. The E-Ray is a gas electric hybrid, the first-ever all-wheel-drive version of the legendary model.
- 01/17/2023
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Chevrolet announces 2024 Corvette E-Ray hybrid car
- This segment originally aired on January 17, 2023. Yahoo Finance's Rachelle Akuffo discusses GM's first hybrid Corvette vehicle to hit the roads.
- 01/17/2023
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Chevy announces the fastest Corvette yet, the electrified 2024 Corvette E-Ray
- The great American sports car is going partly electric. Chevy pulled the wraps off the 2024 Corvette E-Ray, revealing a dual powertrain affair.
- 01/17/2023
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GM reveals new Chevy Corvette E-Ray hybrid sports car, starting at over $104,000
- The 2024 Chevrolet Corvette E-Ray hybrid will be the quickest production version ever of the American sports car.
- 01/17/2023
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3 EV Stocks Every Smart Investor Should Own in 2023
- We all have seen massive growth in electric vehicles in 2021 and in 2022. This impressive shift towards EVs has continued this year, and appears to be here to stay.
- 01/16/2023
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These ‘Deep Value' Stocks Are Ready to Bounce Back
- The underperformance of the markets cheapest stocks in 2022 was an anomaly. Some names to consider.
- 01/16/2023
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Tesla competition from GM, Ford, Volkswagen heats up
- This segment originally aired on January 13, 2023. Yahoo Finance's Pras Subramanian breaks down the growing competition from legacy automakers in the EV space and the differences between auto companies' car lineups.
- 01/16/2023
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Car makers like Ford and GM are increasing loan payments, while some rivals are keeping costs down
- It's a good time to consider Subaru, Toyota, and Kia, and perhaps hold off on that new Chevy or Ford due to car loan cost increases.
- 01/15/2023
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The Market Sum: Strong Performance
- U.S. stock indexes advanced on Jan. 13, heading into the long weekend on a high note with strong bank earnings reinforcing positive signals on inflation.
- 01/13/2023
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US Markets Rise Again to Close Out Strong Week of Gains
- U.S. stock indexes advanced on Jan. 13, heading into the long weekend on a high note with strong bank earnings reinforcing positive signals on inflation.
- 01/13/2023
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Tesla just started an electric car price war, and it's bad news for Ford and GM
- Tesla is goosing sales and going after Ford, GM, and other new competitors by slashing the prices on its once-luxury vehicles.
- 01/13/2023
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Why Rivian, GM, and Ford Stocks Fell on Tesla's Price Drop News
- A price war in electric cars will benefit no one.
- 01/13/2023
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- General Motors Company (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/13/2023
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‘Deep Value' Stocks Look Ready to Bounce Back From a Tough 2022
- Everyone loves a bargain, but when a bargain looks too good to be true, people shy away. Don't do that with so-called deep-value stocks, which look like real deals right now.
- 01/13/2023
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7 Must-Buy EV Stocks for Your January Buy List
- The remarkable growth in EV stocks seen during 2021 provided investors with an exciting view of the future. Indeed, the Biden administration deserves credit for helping to promote electrification and creating a strong foundation of trust in the space that helped it gain momentum.
- 01/12/2023
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Hurricane Energy shareholder withdraws GM requisition
- Hurricane Energy PLC (LSE:HUR) told investors that its largest shareholder Crystal Amber Fund Limited (AIM:CRS) has withdrawn its requisition for a general meeting, removing a significant layer of uncertainty about the company's immediate future. The requisition came on 23 December and saw Crystal Amber call for the board to be replaced.
- 01/12/2023
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7 Consumer Discretionary Stocks to Buy if You Don't Think a Recession Is Coming
- Every few days, I read or hear the news that strongly indicates that the U.S. is not going to undergo a recession in 2023. One of the most recent, startling headlines in this category came from Goldman Sachs, which predicted that even the eurozone would not suffer a recession this year.
- 01/12/2023
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General Motors Actually Gained 6% in the Second Half of 2022. Is the Worst Over?
- Investor enthusiasm for autos took a U-turn last year. There could be more potholes on the road ahead.
- 01/11/2023
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2 Energy Stocks You Can Buy Right Now to Play the EV Boom
- It's time to start looking for value in EV stocks.
- 01/11/2023
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My Dividend Growth Income - Year End Summary
- In 2022, I shifted my investment strategy to focusing on dividend growth income investing and started this article series in August '22. Dedicating myself to create monthly articles to track the progress of my investments has improved my performance and sharpened my researching abilities.
- 01/10/2023
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7 Warren Buffett Stocks I Bought for My Own Portfolio
- Here are my favorite stocks that Warren Buffett and his team have invested in.
- 01/10/2023
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Citigroup analyst offers positive outlook on GM stock ahead of earnings
- Yahoo Finance Live's Brian Sozzi discusses a Citigroup analyst's outlook on GM stock ahead of earnings.
- 01/09/2023
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2022 U.S. Auto Sales Fall to a Decade Low
- Severe supply chain snarls and tight inventories drag down U.S. light vehicle sales in 2022 to a decade low. Will the supply crunch morph into a demand slowdown in 2023?
- 01/09/2023
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Analysts Pick 9 'Cheap' Favorites As Value Stocks Still Dominate
- Value stocks are ruling the S&P 500 again following their standout run last year. And analysts are picking their favorites for the year.
- 01/09/2023
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GM Faces a Brutal Year
- One theory about car company earnings in 2023 is that tight inventory will keep new car prices high.
- 01/09/2023
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Top 5 Auto Stocks For 2023
- While the automotive industry is still recovering from chip shortage and other supply chain issues brought on by the pandemic, 2023 is shaping up to be a good year for innovative automakers. Here's what investors need to know about our these industry leaders.
- 01/08/2023
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Is Now the Time to Buy Electric Vehicle Stocks?
- Falling stock prices don't automatically mean value.
- 01/08/2023
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Why GM Fell 17% Last Month
- A spate of red flags brought a quick end to the stock's budding recovery.
- 01/06/2023
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GM wants U.S. Treasury to reconsider tax credits for Cadillac Lyriq EV
- General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM's electric Cadillac Lyriq to allow it to qualify for federal tax credits.
- 01/06/2023
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Final Trades: Pfizer, Eli Lilly & GM
- The "Halftime Report" traders give their top picks to watch for the second half.
- 01/06/2023
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Andretti joins forces with General Motors for Cadillac Formula 1 entry bid
- The new team would require F1 and FIA agreement and would not be possible until 2026, Sky Sports reports.
- 01/05/2023
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GM overtakes Toyota as top automaker in U.S., auto industry accesses 2022 sales
- Yahoo Finance's Pras Subramanian joins the Live show to discuss GM overtaking Toyota as the top automaker in the U.S., as well as the road ahead for the auto industry following a challenging 2022.
- 01/04/2023
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GM Is the Top U.S. Car Seller Once Again. Sorry, Toyota.
- For the full year, GM delivered 2,274,088 vehicles in the U.S., including 39,179 electric vehicles. Toyota delivered 2,108,458 vehicles in the U.S. in 2022.
- 01/04/2023
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Final Trades: GM, Home Depot, Lamar & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 01/04/2023
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GM reclaims US auto sales title for 2022 from Toyota
- GM lost the spot as the top US automaker at the end of 2021 for the first time since 1931.
- 01/04/2023
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GM sales rise to 2.3 million vehicles in 2022 as EV sales soar
- Shares of General Motors Co. rallied Wednesday, after the automaker reported U.S. fourth-quarter and 2022 vehicle sales that rose from a year ago, as a big jump in electric vehicle sales provided a boost.
- 01/04/2023
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EV Company News For The Month Of December 2022
- Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produced worldwide.
- 01/04/2023
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GM reclaims title as America's top automaker after a 2.5% jump in sales last year
- GM said Wednesday it sold 2.27 million vehicles in the U.S. in 2022, up by 2.5% for the year.
- 01/04/2023
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Is Now the Time to Buy 3 of the S&P 500's Cheapest Stocks?
- All of these stocks are trading at less than 7 times their future profits.
- 01/04/2023
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General Motors to add 5,000 jobs in northern Mexico, economy ministry says
- General Motors will add 5,000 jobs to its plant in the northern Mexican town of Ramos Arizpe, Mexico's economy ministry said on Tuesday, following a meeting with the carmaker.
- 01/03/2023
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U.S. Auto Sales: GM Should Reclaim Full-Year Sales Crown On Strong Q4
- U.S. auto sales are seen rising in Q4 2022 as supply headwinds ease. But demand concerns continue to grow.
- 01/03/2023
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Our Top 3 EV Stock Predictions for 2023
- EV stock predictions for 2023 appear to be full of possibilities, with electric vehicle producers increasingly investing in the EV market. As electric vehicles become more widespread, the EV sector will likely experience massive growth during the next two years.
- 01/02/2023
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2 Auto Stocks to Buy Before the Bear Market Is Over
- Bear markets aren't going to slow these two automakers down. Jump on for the ride while you can.
- 12/31/2022
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Looking Back at the Top Auto Stories of 2022
- As we flip the calendar, here's a recap of the key stories and trends that made the biggest ripples in the auto industry this year.
- 12/30/2022
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5 December Buffett Dividend Dog Buys, 3 To Await
- This Buffett holdings list from Kiplinger first appeared 11/15/22 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from the 12/23/22 YCharts data. 33 of 49 current Berkshire Hathaway-owned stocks pay dividends. As of 12/23/22, the top ten ranged 3.3%-5.76% by annual yield and 47 of 49 ranged -2.25% to 78.66% per broker-estimated target-price-upsides.
- 12/29/2022
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2 Cheap Auto Stocks to Buy Now and Never Sell
- As the automotive industry continues to drive toward electrification, it sets the stage for huge investment winners.
- 12/28/2022
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Best Value Stocks To Buy For 2023? 3 To Watch
- Are these the best value stocks to buy for 2023?
- 12/27/2022
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New EVs 2023: Tesla Cybertruck, Chevy Silverado Lead Biggest Electric Vehicles Coming In The Year Ahead
- Tesla, GM, Fisker, Stellantis, Polestar, Canoo are launching electric vehicles. New EVs 2023 include the Tesla Cybertruck and Chevy Silverado.
- 12/27/2022
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Treasury EV Tax Credit Rule Delay And What It Means for The EV Stocks
- This article will briefly analyze how Tesla and General motors would benefit from the tax delay.
- 12/25/2022
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7 of the Best Meme Stocks to Double Down on in 2023
- We saw the rise of meme stocks last year, with everyone hoping to catch lightning in a bottle. Conversely, 2022 was a horrendous year for equities, especially the more speculative plays such as meme stocks.
- 12/25/2022
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Is Ford's $2.7 Billion Mistake a Warning for General Motors?
- Ford's big venture into autonomous vehicles cost it a whopping $2.7 billion write-off. GM isn't showing any signs of slowing its pursuits.
- 12/24/2022
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Tesla, Mercedes, and GM are being probed by US Senate on whether they use forced Uyghur labor
- The chair of the Senate Finance Committee Ron Wyden sent letters to eight major car makers asking them about their supply chain practices in China.
- 12/22/2022
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Tesla, GM, Ford questioned by U.S. senator about Chinese supply chains and connections to forced labor
- Senator Wyden wants automakers to account for their ties to a region in China where the U.S. is concerned about the use of forced labor.
- 12/22/2022
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Why Shares in General Motors Crashed Today
- Disappointing news flow on the auto sector hit the automaker today.
- 12/22/2022
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Relative Strength Alert For General Motors
- But making General Motors an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of GM entered into oversold territory, changing hands as low as $34.06 per share.
- 12/22/2022
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 12/22/2022
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General Motors: Unlikely To Meet 2025 Revenue Target, But Stock Still Attractive
- General Motors forecasts its overall sales and EV revenue to reach $225 billion and $50 billion, respectively, by 2025. GMC Hummer EV reservation numbers look quite attractive at 90,000.
- 12/22/2022
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GM Financial to Release Fourth Quarter and Calendar Year 2022 Operating Results
- FORT WORTH, Texas--( BUSINESS WIRE )--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) will release its fourth quarter and calendar year 2022 operating results on Tuesday, January 31, 2023.
- 12/22/2022
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Electric vehicles: GM recalls nearly 140,000 Chevy Bolts
- Yahoo Finance Live anchors discuss the GM's recall of nearly 140,000 Chevy Bolt EV's over fire risks.
- 12/21/2022
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Chevy Recalls 111,000 Bolt EVs Over Fire Risks
- Seat belt pretensioners could potentially light carpets on fire.
- 12/21/2022
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Former TSM ‘League Of Legends' GM Parth Naidu Founds New Research And Consultancy Company Sido
- The company's first deal is with LCS team Immortals, where SIDO will help build a better performance structure for the squad.
- 12/21/2022
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GM's Cruise Robotaxi Unit Starts Offering Driverless Rides in Austin, Phoenix
- The self-driving car unit is now operating in three cities after first launching in San Francisco.
- 12/20/2022
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GM recalls 140,000 Chevrolet Bolt EVs over fire risks
- General Motors Co said Tuesday it is recalling 140,000 Chevrolet Bolt EVs in North America because the carpet could catch fire after a crash where a front seat belt pretensioner deploys.
- 12/20/2022
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7 Stocks to Buy on Weakness for Big Gains
- The U.S. stock market has been spooked by actions of the Federal Reserve. However, as Barron's pointed out, “Despite the most rapid tightening of financial conditions in a generation, and the turmoil in financial markets, the U.S. economy is entering 2023 in decent shape.
- 12/20/2022
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Auto analyst: There's ‘significant downside to the OEMs' ahead
- Wells Fargo Senior Analyst Colin Langan joins Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi to discuss the state of the auto industry, the EU energy crisis, how automakers are dealing with supply chain disruptions and inflation, the EV tax credit, and the outlook for the auto industry moving into 2023.
- 12/20/2022
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These Are the Top 10 Holdings of Bill Nygren
- Bill Nygren is the partner, portfolio manager and chief investment officer for the U.S.
- 12/19/2022
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Semiconductors: A Tale of Haves and Have-nots
- The semiconductor space has contracted over the past year. In this article, we will dissect which semi conductors are leading and which are lagging.
- 12/19/2022
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My 5 Largest Stock Positions Heading Into 2023
- Here's where I've put most of my own money to work.
- 12/18/2022
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5 Top Warren Buffett Stocks to Buy for 2023
- These five stocks are attractively priced and have the legendary investor's stamp of approval.
- 12/18/2022
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NHTSA opens probe into GM's self-driving ‘cruise' unit following major accidents
- This segment originally aired on December 16, 2022. The National Highway Traffic Safety Administration (NHTSA) has opened a probe into GM's self-driving "cruise autonomous driving" unit after multiple reports of the vehicles crashing on the road.
- 12/18/2022
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How GM's Accelerating EV Lineup Could Reach Profitability -- and Soon
- The Detroit automaker's 2025 target for EV profitability should be easily attainable.
- 12/17/2022
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Our 10 Favorite Stocks for 2023
- Our 10 favorites from last year handily beat the market. Why we now like Alphabet, Bank of America, Medtronic, and seven others.
- 12/16/2022
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Why General Motors Stock Skidded Off the Road Today
- The automaker is the target of a new federal investigation.
- 12/16/2022
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Cruise's autonomous driving tech comes under scrutiny from safety regulators
- U.S. safety regulators have opened a preliminary investigation into the robotaxis developed and operated by GM self-driving subsidiary Cruise. The National Highway Traffic and Safety Administration said it opened the investigation after learning of incidents when these robotaxis “may have engaged in inappropriately hard braking or became immobilized while operating on public roads.
- 12/16/2022
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Tesla Shares Down -55% This Year: Buy, Sell or Hold?
- The Twitter noise is distracting investors from a really great company. It also doesn't help that Musk has been selling $40 billion worth of Tesla shares.
- 12/16/2022
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G.M. Unit's Self-Driving Taxis Are Subject of U.S. Safety Investigation
- The National Highway Traffic Safety Administration is looking into unexpected braking by cars operated by Cruise, a part of General Motors.
- 12/16/2022
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GM's Cruise probed by feds over rear-end accidents, clogging traffic
- US safety regulators are investigating reports that autonomous robotaxis run by General Motors' Cruise can stop too quickly or unexpectedly quit moving, potentially stranding passengers. Three rear-end collisions that reportedly took place after Cruise autonomous vehicles braked hard kicked off the probe, according to the National Highway Traffic Safety Administration.
- 12/16/2022
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U.S. safety regulators investigating GM's Cruise self-driving car system
- U.S. automotive safety officials have opened a formal probe into the autonomous driving system used by General Motors' self-driving vehicle unit Cruise.
- 12/16/2022
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U.S. opens safety probe into autonomous driving system in GM's Cruise vehicles
- U.S. auto safety regulators said Friday they have opened a formal safety probe into the autonomous driving system in vehicles produced by General Motors' robotaxi unit Cruise LLC.
- 12/16/2022
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Better Buy: Tesla or General Motors?
- Growth versus value is a different debate than it was a year ago.
- 12/15/2022
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3 Dirt Cheap Warren Buffett Stocks That Could Soar in 2023
- Warren Buffett invested in these three excellent businesses, but their stock performances haven't been great recently.
- 12/15/2022
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GM recalls 740,000 trucks, SUVs over headlight issue
- The recall covers vehicles built between 2020 and 2023.
- 12/14/2022
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GM recalls 740,000 U.S. trucks, SUVs over headlight issue
- General Motors said on Wednesday it is recalling 740,000 trucks and SUVs because daytime running lights may not deactivate when the headlights are on, potentially causing excess glare.
- 12/14/2022
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3 of the Biggest Bargains for 2023 in Warren Buffett's Portfolio
- These highly profitable, time-tested Buffett stocks are valued at forward-year price-to-earnings ratios of between 6 and 9.
- 12/14/2022
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The 4 Best Stocks to Capitalize on the Growing Shift to EVs
- The EV boom is finally here. If you want to reap unbelievable gains from the industry's growth in the coming years, keep TSLA, GM, F and BWA on your watchlist.
- 12/13/2022
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Dept of Energy giving $2.5B loan to GM, LG Energy Solution joint venture for EV battery cell facilities
- The Energy Department announced a $2.5 billion loan going to a General Motors-LG Energy Solution joint venture focused on making EV battery cells had closed.
- 12/12/2022
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GM, Stellantis rank as worst automakers for fuel efficiency, even amid EV push, EPA says
- Both automakers decreased their fuel economy and increased C02 emissions since the 2016 model-year, as did Hyundai Motor, Mazda and Volkswagen.
- 12/12/2022
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GM venture gets $2.5 billion federal loan for battery plants
- NEW YORK (AP) — A joint venture between General Motors GM, +0.21% and South Korean battery company LG Energy Solution 373220, -2.52% has closed on a $2.5 billion federal loan to help finance three lithium-ion battery cell plants in Ohio, Tennessee, and Michigan.
- 12/12/2022
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U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
- The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors Co and LG Energy Solution to help pay for three new lithium-ion battery cell manufacturing facilities.
- 12/12/2022
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VALE Plans to Sell 10% Stake in Its Base Metal Business
- VALE will separate its copper, nickel and other metals business and is in talks to sell a 10% stake in it to a prospective partner.
- 12/09/2022
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Your Robo-Taxi Has Arrived
- Not long ago, driverless vehicles were the stuff of science fiction. Today, the rollout of autonomous vehicles is rapidly gathering pace across the globe.
- 12/09/2022
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GM battery plant workers vote to unionize, a key win for labor as industry shifts to EVs
- The vote was being closely watched as such battery plants are viewed as crucial for automakers to transition to all-electric cars and trucks.
- 12/09/2022
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Workers at GM-LG Battery Plant in Ohio Vote to Unionize
- The result is a win for the UAW, which plans organizing campaigns at a slew of U.S. battery factories slated to open in coming years.
- 12/09/2022
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GM's vision ‘is to have everybody in an EV,' VP says
- General Motors Vice President of EV Ecosystem Hoss Hassani joins Yahoo Finance Live anchors Rachelle Akuffo and Akiko Fujita to discuss the outlook for EV adoption and building out a charging network.
- 12/08/2022
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General Motors (GM) Ultium Cells Workers Vote to Join UAW
- Workers at the General Motors (GM) and LG Energy joint venture battery plant, Ultium Cells, Ohio, are voting to decide on UAW representation for bolstering the US labor movement.
- 12/08/2022
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GM aims to double the amount of charging stations in the U.S. and Canada
- Yahoo Finance anchors Seana Smith, Dave Briggs and Pras Subramanian report on General Motors (GM) is planning on doubling the number of EV charging stations in the U.S. and Canada by targeting rural and underserved communities.
- 12/07/2022
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Automakers like Ford and GM are scrambling to make EVs cheaper as battery prices rise for the first time in years
- Automakers have a few tricks to drive battery costs down, but experts say car buyers shouldn't expect to see those efforts reflected in EV prices yet.
- 12/07/2022
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Lithium Stocks 2023: A Cartel On The Horizon?
- Lithium stocks made gains in 2022 as spot prices ballooned. Headwinds on the way in 2023 include a possible alliance of producing countries.
- 12/07/2022
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3 EV Stocks For Your December 2022 Watchlist
- Three EV stocks to check out in the stock market today.
- 12/06/2022
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General Motors (GM) Takes Big Steps Toward Adoption of EVs
- General Motors (GM) launches Canada's 1st full-scale EV plant along with BrightDrop. It is set to invest another $275 million with LG Energy to boost capacity at the Ultium Cells plant.
- 12/06/2022
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GM battery plant workers to vote on union representation in labor test for the EV industry
- The organizing vote of Ultium Cells LLC is set for Wednesday and Thursday. Roughly 900 workers will be eligible to vote.
- 12/06/2022
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Ford and GM are going head-to-head for the fastest-growing electric vehicle market: delivery vans
- News from GM and Ford this week emphasizes the two one-upping each other with major EV investments. It's also crucial for the commercial EV space.
- 12/06/2022
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Ford, Tesla And Other Big Auto Stocks From Benzinga's Most Accurate Analysts - Ford Motor (NYSE:F), General Motors (NYSE:GM)
- US stocks closed sharply lower on Monday, with the consumer discretionary sector recording the biggest drop. Automobile stocks were among the top losers in the sector, dropping more than 5% in the previous session.
- 12/06/2022
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Why GM's happy to keep spending billions on self-driving while rivals like Ford abandon ship
- GM president Mark Reuss says self-driving outfit Cruise isn't worried about a profitability timeline yet.
- 12/05/2022
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Stocks to Be Thankful for and Stocks to Avoid
- Plus, we talk with Scott Galloway, author of "Adrift: America in 100 Charts."
- 12/03/2022
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GM, LG investing $275 million to expand Tennessee EV battery plant
- The new investment is expected to increase EV battery production by more than 40%.
- 12/02/2022
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GM CEO: Confident in Products, Cautious on Costs
- General Motors CEO Mary Barra talks about its future product portfolio, electric cars, the Inflation Reduction Act, and it's Origin self-driving car. She speaks to Bloomberg's Carol Massar and Tim Stenovec.
- 12/01/2022
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3 Intriguing Electric Vehicle Stories
- While researching the electric vehicle industry for potential investment opportunities, I was looking through the news for related stories and found three rather interesting tidbits of information. I may not be familiar enough with the industry yet to make any actionable bets on this information, but I still felt like it was worth analyzing them to see what I could learn.
- 12/01/2022
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7 Most Undervalued Electric Vehicle Stocks to Buy Before They Break Out
- With many of the top EV stocks down around 20% to 60% this year, investors have a chance to pick up the best and most undervalued electric vehicle stocks at a significant discount In early 2021, undervalued electric vehicle stocks would have been an oxymoron. The sector was flying high on hope, hype and a ferocious appetite for growth stocks.
- 11/30/2022
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GM's Cruise pursuing permit to test its custom-built ‘Origin' robotaxi in San Francisco
- Cruise, GM's self-driving technology subsidiary, has started the long and winding regulatory process to test its next-generation ‘Origin' robotaxi on public roads in San Francisco. The company has applied for a permit with the California Department of Motor Vehicles to test its custom-built driverless vehicle on public roads.
- 11/30/2022
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Ford and GM Are Going Green. 1 Under-the-Radar Way Investors Can Benefit.
- Green steel is coming. Automakers and others are starting to get in line for supply.
- 11/30/2022
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General Motors May Beat Tesla To An Electric Vehicle Future
- Over the past year and a half, automotive companies have been challenged by parts shortages and slowing economic demand. General Motors and its peers appear likely to see EPS and sales decline next year as higher interest rates reduce demand and prices for new vehicles.
- 11/29/2022
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Storm Clouds In China: Luxury Automotive Beware
- Between the normal seasonal upturn and new stimulus policies, auto sales ought to be surging. Instead, October is down from July and below October 2020 levels. Data through November 20. Of more concern to investors, NEVs actually fell in market share, and EV sales declined. The EV venture Weltmeister is in serious trouble.
- 11/29/2022
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GM dealerships begin servicing Tesla EVs amid repair concerns, wait times
- Yahoo Finance autos reporter Pras Subramanian explains how many General Motors dealers are quietly fixing Tesla vehicles as the EV owners grow complicated with Tesla's repair process.
- 11/29/2022
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Tesla owners are servicing their vehicles with General Motors
- Yahoo Finance Live anchors Akiko Fujita and Rachelle Akuffo discuss why Tesla owners are servicing their vehicles with General Motors.
- 11/29/2022
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GM's Electric Vehicle Profit May Struggle To Achieve CEO's 2025 Forecast
- GM's profitability forecast for battery electric vehicles (BEVs) was scrapped due to the pandemic. A string of new GM BEV models, led by an electric version of the Chevy Silverado pickup and a Chevy Equinox BEV at a starting price of about $30,000 are slated.
- 11/29/2022
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Auto incentives rise amid busy holiday shopping season
- CNBC's Phil LeBeau joins 'Squawk Box' ahead of key November auto sales data to discuss the latest trend in this holiday shopping season.
- 11/28/2022
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Why GM dealers are quietly repairing Teslas
- General Motors dealerships have repaired more than 11,000 Teslas over the past year.
- 11/28/2022
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Your next Domino's delivery may arrive in a GM Chevy Bolt as pizza chain pushes EVs nationally
- Domino's is buying 800 GM Chevy Bolts for a nationwide EV push with optimization of pizza delivery key to meeting a net-zero carbon emissions goal by 2050.
- 11/26/2022
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How GM Stock Got A Swing Trading Spot
- A recent trade in General Motors didn't end up positive but the early profit-taking reduced the loss. The post How GM Stock Got A Swing Trading Spot appeared first on Investor's Business Daily.
- 11/25/2022
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Why Is General Motors Company (GM) Up 5.9% Since Last Earnings Report?
- General Motors Company (GM) reported earnings 30 days ago. What's next for the stock?
- 11/24/2022
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General Motors (GM) to Bring Wide-Spectrum EVs to China
- General Motors (GM) introduces a range of EVs equipped with avant-garde and futuristic technologies in China. This is a step toward its vision of a zero crash, zero emissions and zero congestion future.
- 11/24/2022
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7 Stocks to Bet On if You Need Fast Cash
- For those seeking fast money stocks, most of 2022 has been a veritable nightmare. With an influx of severe headwinds – particularly soaring inflation and geopolitical flashpoints – the equities sector represented a value trap.
- 11/22/2022
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Rivian's founder had an early advantage with his electric truck. Now GM and Ford are closing in
- Rivian CEO Robert Joseph Scaringe, better known as RJ, is living his lifelong dream. Getting here though has required dedication to a vision that once seemed nearly impossible. Even now, as the company's assembly lines have started churning out its electric vehicles, success still isn't assured.
- 11/22/2022
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Domino's Pizza to buy EV fleet from General Motors
- Yahoo Finance Live anchors discuss Domino's investing in EVs for some U.S. locations in an effort to help attract advisers and deal advertisers.
- 11/21/2022
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Tesla stock at two-year low, other EV-maker stocks tank as concerns swirl about China, oil futures
- Tesla Inc. TSLA, -5.24% shares and shares of other electric-vehicle makers underperformed the broader market in midday trading Monday, as worries about China's COVID lockdowns were back to the forefront and oil futures prices dropped more than 5% to trade at 10-month lows. Tesla shares were on track for their lowest close in two years, down more than 5%.
- 11/21/2022
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Domino's is rolling out a fleet of 800 Chevy Bolt EVs to help deliver pizzas. See what they'll look like.
- The Chevy Bolt lineup will help attract delivery drivers who don't have cars of their own, Domino's said.
- 11/21/2022
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GM Stock Alert: General Motors Will Provide Electric Delivery Cars for Domino's
- General Motors (NYSE: GM ) will supply a fleet of 800 Chevy Bolt electric vehicles (EVs) to Domino's (NYSE: DPZ ) to use as delivery vehicles. The deal starts with an initial “more than 100 custom-branded” 2023 Bolts and will see the other 700 EVs delivered in the ensuing months.
- 11/21/2022
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Ford Vs. GM: Which Stock Is The Better Buy Or Are They Both Stuck In Limbo?
- Both Ford and GM's prices have come down more than 25% in the last year. Both Ford and GM are facing a myriad of issues including inflation, logistics problems, and higher interest rates.
- 11/21/2022
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Domino's to use 800 GM Chevy Bolt EV for pizza delivery in the coming months
- Domino's Pizza Inc. DPZ, +0.32% said Monday it will roll out 800 General Motors Co. GM, +2.92% Chevy Bolt electric vehicles (EVs) as part of its pizza delivery fleet. The first 100 Bolt EVs will arrive at certain U.S. franchise and company stores in November and an additional 700 will arrive in the coming months.
- 11/21/2022
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Best Electric Cars And EV Stocks - Here's What EV Industry Investors Need To Know
- You can invest in the EV industry through a few different strategies. The electric vehicle marketplace is changing fast, so investors must stay on top of the latest developments to buy the best EV or make the best investments.
- 11/20/2022
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Barbara Doran says GM has substantial growth ahead in EV market
- Barbara Doran, BD8 capital partners CIO & senior portfolio manager, says the EV space will continue to expand with many new players entering the space. She joins 'Closing Bell' to discuss.
- 11/19/2022
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Final Trades: Cleveland-Cliffs, Stanley Black & Decker, GM & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/19/2022
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Why Morgan Stanley's Adam Jonas expects General Motors to be a top performer in 2021
- Auto stocks are revving into high gear so far in 2021. Morgan Stanley analyst Adam Jonas is calling General Motors the autos story of the new year.
- 11/19/2022
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S&P 500 Auto Giant GM Leads 5 Stocks Near Buy Points That Could Still Spark
- Many stocks flashed buy signals in the past week but quickly fizzled. But don't write off General Motors and these other names.
- 11/19/2022
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A Green Hydrogen Bet, GM Expects EV Profits By 2025 And The World's Population Hits 8 Billion
- This week's Current Climate, which every Saturday brings you the latest news about the business of sustainability.
- 11/19/2022
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Microsoft invests in GM's Cruise to accelerate self-driving cars
- Microsoft has entered into a long-term strategic relationship with General Motors and Cruise, the automaker's majority-owned autonomous car unit, to accelerate the commercialization of self-driving vehicles. CNBC's Phil LeBeau joins the "Squawk on the Street" crew to discuss.
- 11/19/2022
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RBC's bullish call on GM
- The "Halftime Report" traders debate RBC's bullish call on GM
- 11/19/2022
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General Motors to ramp up production of pickups in North America as demand rises
- General Motors said on Thursday it would ramp up production of large- and mid-sized pickups in North America as demand rises, and it expects financial results for the first half of 2021 to be “significantly better” than forecast earlier. CNBC's Phil LeBeau reports.
- 11/19/2022
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Wedbush initiates outperform rating on General Motors with $85 price target
- CNBC's "Halftime Report" team discusses autos, tech and more.
- 11/19/2022
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Final Trades: H&R Block, S&P Health Care, General Motors & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/19/2022
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There's a lot that can go right with General Motors, says Jim Cramer
- 'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss shares of General Motors and other automakers following the opening bell on Friday.
- 11/18/2022
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Ford Vs. General Motors: Which Stock Is The Darling Of American Automobile?
- One is the clear winner, given the robust top and bottom-line growth and sustained expansion in dividends through FY2025. Despite the recent recovery from rock-bottom levels, one remains an excellent buy with a tremendous 30.84% upside from current levels.
- 11/18/2022
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GM expects EV revenue to reach $50 billion by 2025
- Yahoo Finance's Pras Subramanian discusses EV revenue projections for General Motors.
- 11/18/2022
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GM's EV roadmap is ‘ambitious,' but Wall Street doesn't give it full credit just yet
- General Motors Co.'s “ambitious” roadmap for electric-vehicle growth and profit got a reality check from Wall Street on Friday, with analysts saying the auto maker's stock is likely to remain rangebound in the near term.
- 11/18/2022
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GM Stock Alert: General Motors Says EV Business Will Reach Profitability by 2025
- General Motors (NYSE: GM ) stock investors are celebrating a slew of positive projections from the company today. For one thing, General Motors just provided optimistic forward guidance for the automaker's revenue, profit and free cash flow.
- 11/18/2022
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Subsidies Supercharge GM's EV Strategy
- General Motors could make decent margins on electric vehicles in three years' time, but only with help from Uncle Sam
- 11/18/2022
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Final Trades: GM, Workday, Stryker & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/17/2022
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General Motors CEO on the company's EV profit forecast and updated cash flow guidance
- Cramer spoke with General Motors CEO Mary Barra on Thursday.
- 11/17/2022
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GM CEO Mary Barra expects electric vehicles to be profitable by 2025
- General Motors says it expects its portfolio of electric vehicles to turn a profit in North America by 2025 as it boosts battery and assembly plant capacity to build over 1 million EVs per year.
- 11/17/2022
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GM says supply chain issues won't affect EV profitability by 2025
- General Motors says supply chain constraints won't hinder the automaker's goal of reaching electric vehicle profitability by 2025. GM expects its EV portfolio to have “the same margin profile” as its internal combustion engine portfolio over the next three years once factoring in U.S.
- 11/17/2022
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GM Has a New Business: Fixing Tesla's Cars.
- GM had a surprising revelation for Tesla investors at GM's analyst event being held in New York City.
- 11/17/2022
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Vale to supply GM with battery grade nickel sulfate from its Canadian operations
- (Kitco News) - Under terms of the agreement, Vale will supply battery grade nickel sulfate, equivalent to 25,000 metric tons per year of contained nickel, for use in GM's Ultium battery cathodes, which will power a broad portfolio of electric vehicles.
- 11/17/2022
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GM stock boosted amid rising revenue forecasts for EVs
- Shares of GM are up after the company raised its full-year free cash flow guidance and projected EV revenue rising to more than $50 billion in 2025.
- 11/17/2022
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Final Trades: GM, CVS, Nextera & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/17/2022
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GM raises 2022 guidance on hopes for EVs
- General Motors Co. GM, -0.04% on Thursday raised its guidance for the year, saying it expects its EV portfolio in North American to be profitable in a couple of years as it ramps up EV capacity in the region to more than 1 million EV a year. GM shares, which weaved in and out of losses as the company is holding its investor day in New York, shot 1% higher after the guidance news.
- 11/17/2022
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General Motors to hit a key EV milestone years ahead of schedule
- General Motors Company (NYSE: GM) is in focus on Thursday after the automaker said it will achieve an important EV milestone years ahead of schedule. Inflation Reduction Act to benefit GM The car company now expects its profits from electric vehicles to be comparable to gas vehicles by 2025.
- 11/17/2022
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GM: Logistics unit Brightdrop to reach $1 billion in revenue in 2023
- General Motors Co. GM, -0.78% said Thursday its delivery and logistics unit BrightDrop was on pace to reach $1 billion in revenue next year, and on pace to $10 billion in revenue and reach 20% profit margins by the end of the decade. GM launched BrightDrop in January 2021, offering products such as electric delivery vans, electric carts, and software.
- 11/17/2022
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GM EV unit BrightDrop expects $1 billion in 2023 revenue, mass production of all-electric delivery vans to start in December
- GM EV subsidiary BrightDrop, which focuses on all-electric delivery vans for customers including Walmart and FedEx, is expecting $1 billion in sales in 2023.
- 11/17/2022
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GM stock turns positive as CEO Barra says auto maker on track for 2 million EVs by 2025
- Shares of General Motors Co. GM, +0.96% reversed course in midday trading Thursday, rising 0.7% as the auto maker's investor day got underway and Chief Executive Mary Barra reaffirmed GM's goal of producing 2 million electric vehicles in 2025. "Today our focus in on the Ultium platform and accelerating our EV future," Barra said, referring to GM's battery architecture.
- 11/17/2022
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General Motors President says 'the ICE age is not over' amid shift to EVs
- General Motors president Mark Reuss said the automaker isn't ready to abandon internal combustion engine vehicles as it transforms into an EV maker.
- 11/17/2022
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Wall Street wants updates on EVs and short-term guidance from GM's investor day
- The event will focus on General Motors' plans through 2025, including "rapid scaling" of its new EVs and "Ultifi" software initiatives.
- 11/17/2022
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This Under-the-Radar Stock Could Easily Be Recession-Proof
- The automotive industry is likely the last place you'd look for recession-proof stocks -- but this one is incredibly unique, and investors should take notice.
- 11/17/2022
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7 Meme Stocks That Are Actually Worth Betting On
- In 2021, meme stocks or investments that generated intense grassroots interest (typically via public internet forms) were all the rage. In 2022? Not so much.
- 11/16/2022
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GM Stock Falls But Here's When General Motors Expects Its EVs To Generate A Profit
- General Motors will lay out its EV strategy Thursday with lower-cost batteries and software services key for profits. GM stock fell below a buy point.
- 11/16/2022
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General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 11/16/2022
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Here Are My 5 Largest Dividend Stock Investments Right Now
- About half of my stocks pay dividends, but these are the five I've put the most of my own capital into.
- 11/16/2022
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7 No-Brainer EV Stocks to Buy for 2023 and Beyond
- The electric vehicle industry has been a riches-to-rags story in 2022. Many EV stocks soared in 2021 on the expectation that the Biden administration would prioritize the electrification of the auto industry.
- 11/13/2022
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Ford vs. GM: Same Industry, two increasingly different companies
- The investment cases for Ford and General Motors are increasingly diverging around electric and autonomous vehicles.
- 11/13/2022
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GM, GlobalFoundries Lead 5 Stocks Near Buy Points As Interest Rates Fall
- GM stock and GlobalFoundries highlight this watch list of stocks near buy points on lower interest rates and new government funding. The post GM, GlobalFoundries Lead 5 Stocks Near Buy Points As Interest Rates Fall appeared first on Investor's Business Daily.
- 11/12/2022
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Final Trades: GXO Logistics, General Motors & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/11/2022
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FREY Stock Jumps As Battery Startup Selects U.S. Gigafactory Site With Earnings Due
- FREY stock is a young battery startup. Analysts are bullish about the prospect for future Freyr earnings amid the clean-energy IRA.
- 11/11/2022
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Ford, GM and Chrysler Working Together? Electric Vehicles Make That Possible.
- Ford, GM and Chrysler parent Stellantis are looking to set up EV battery material capacity in North America, according to a report from Bloomberg.
- 11/11/2022
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GM Stock Tops Buy Point, Regains Key Level As General Motors EV Event Looms
- General Motors will discuss the "rapid scaling" of EVs at an event next week. GM stock cleared a buy point after strong Q3 earnings.
- 11/10/2022
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Why Ford And GM Shares Are Exploding Higher - Ford Motor (NYSE:F), General Motors (NYSE:GM)
- Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) shares are trading higher Thursday morning amid overall market strength.
- 11/10/2022
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What's Going On With GM Shares - General Motors (NYSE:GM)
- General Motors Company (NYSE: GM) shares are trading lower by 2.37% to $38.12 going into the close of Wednesday's session.
- 11/09/2022
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Why General Motors Stock Jumped 22% in October
- A strong earnings report helped lift the stock last month.
- 11/08/2022
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Here's how the US could bring EVs to all by 2030
- It's no secret that the U.S. is pushing for electric vehicle adoption, with policymakers at both the state and federal levels laying out incentives to boost purchases. But the thing is that EVs are expensive — the average one runs for about $60,000, while a typical internal combustion engine (ICE) vehicle with similar features is about $20,000 less.
- 11/08/2022
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7 Electric Vehicle Stocks That Will Make You a Millionaire by 2030
- The electric vehicle boom is already here, which means you should be keeping an eye on EV stocks to buy. According to the International Energy Agency, electric vehicle sales are on course to hit an all-time high this year.
- 11/07/2022
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Down 79.9%, This Growth Stock Is a Screaming Buy Right Now
- Positive cash flows, incredible growth rates, and a low valuation make this bank stock a no-brainer buy.
- 11/07/2022
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Elephants In The Room
- Amazon, Google, Meta, and Snap all missed big on earnings. The common theme?
- 11/06/2022
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3 Stocks That Warren Buffett, Cathie Wood, and Wall Street All Like Right Now
- This unlikely trio usually aren't on the same page. But they are with these three stocks.
- 11/05/2022
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MP Materials CEO on the company's supply agreement with General Motors
- Cramer spoke with MP Materials CEO Jim Litinsky on Friday.
- 11/04/2022
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GM, Audi, Pfizer Pull Ads From Twitter After Musk Sale—Here Are The Other Companies Rethinking Their Ties
- Elon Musk's promise to keep Twitter from becoming a "free-for-all hellscape" isn't convincing some big advertisers.
- 11/03/2022
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The 7 Best Retirement Stocks to Buy After Age 50
- Some may believe that the best retirement stocks for investors over 50 are all ultra-conservative names with relatively high dividend yields, but one well-known investment advisory firm suggests that's not the case at all. Consequently, in compiling this list, I've tried to find a balance between very safe stocks and names that are likely to deliver significant capital appreciation over a one-to-five-year period.
- 11/03/2022
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MULN Stock Alert: Did Mullen Automotive Just Score Its Second GM Executive?
- Shares of Mullen Automotive (NASDAQ: MULN ) stock are in focus following the likely addition of Paul Loewer as the director of product marketing and planning. At the time of writing, Mullen has not yet confirmed the new hire, although Loewer himself posted on LinkedIn that he received the job: “I am thrilled to announce that I have accepted a new position as the Director of Product Marketing and Planning at Mullen Automotive.
- 11/03/2022
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Microvast ($MVST) and GM ($GM) Receive $200 Million DOE Grant for Lithium-Ion Battery Technology
- Microvast Holdings (NASDAQ: MVST) and General Motors (NYSE: GM) have announced receipt of a $200 million grant from the U.S. Department of Energy to support construction of a new separator manufacturing facility in the United States. The new facility will produce and supply polyaramid films for lithium-ion battery components across a range of applications, ranging from electric vehicles to energy storage systems.
- 11/03/2022
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General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/02/2022
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Ford vs. GM: Which Stock Is the Better Buy?
- One of these two names is the better car company -- but the other one is the better car stock.
- 11/02/2022
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Don't Look Now, but It Might Be Time To Buy General Motors
- Despite near-term headwinds facing General Motors, the vision for 2030 is promising.
- 11/01/2022
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Many Automakers May Succumb To EV Competition By 2030
- Two tweets of mine on Elon Musk and IEA forecasts of EV penetration by 2030 prompt this short note. It is found that IEA's projection (60%) is more plausible than Elon Musk's one (50%) pointing to a faster EV revolution in the years to come.
- 11/01/2022
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Best Electric Cars And EV Stocks - Here's What EV Industry Investors Need To Know
- This kit makes investing in the electric vehicle industry simpler.
- 10/30/2022
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General Motors Is Making Money Again. Is the Stock a Buy?
- A cheap stock price and robust growth prospects give this stock a green light.
- 10/30/2022
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General Motors Remains Undervalued. Should It Be?
- GM's entry into businesses affiliated with its core bode well, yet the market remains unimpressed. This could be an investing opportunity.
- 10/30/2022
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GM, Ford Are Taking ‘Wait And See' Approach To Advertising On Twitter Under Elon Musk
- General Motors is suspending its advertising on Twitter, saying it needs time to evaluate the service's new direction in the wake of Elon Musk's purchase. The Detroit automaker revealed its plans to CNBC on Friday, saying it was ‘pausing” advertising, but would continue its interaction with customers on the platform.
- 10/29/2022
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GM pauses advertising on Twitter after Elon Musk takeover
- General Motors is pausing its advertising on Twitter now that the social media platform is owned by Tesla CEO Elon Musk, the company said in a statement Friday.
- 10/29/2022
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Is General Motors Stock Poised for a Turnaround? 3 Charts That Might Convince You
- Zeroing in on General Motors' profit-driving region, there are a number of charts that show a well-positioned company.
- 10/29/2022
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Largest US automaker pulls ads from Twitter after Elon Musk's takeover
- The largest automaker in the US has pulled paid advertising on Twitter after Elon Musk completed his takeover of the social media company.
- 10/28/2022
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GM, Ford Say They Aren't Running Twitter Ads As They Assess Changes Under Elon Musk
- For carmakers, the choice to advertise on a platform owned by the man who leads an automotive rival further complicates the situation.
- 10/28/2022
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GM pauses paid advertising on Twitter as Chief Twit Elon Musk takes ownership
- General Motors has temporarily paused paid advertising on Twitter, one day after billionaire and Tesla CEO Elon Musk finalized a $44 billion acquisition of the social media platform. CNBC was the first to report GM's decision.
- 10/28/2022
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Tesla competitor GM will reportedly temporarily suspend advertising on Twitter after Elon Musk's takeover
- General Motors will reportedly pause ads while it works to "understand the platform under new ownership."
- 10/28/2022
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GM temporarily pauses paid advertising on Twitter following Elon Musk takeover
- General Motors Co. GM, +1.81% is pausing its paid advertising on Twitter in the wake of Elon Musk's acquisition of the social-media site, saying it wants more information about the site's direction under its new ownership.
- 10/28/2022
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GM temporarily suspends advertising on Twitter after Musk takeover
- CNBC's Sara Eison reports that General Motors is temporarily suspending advertising on Twitter following Elon Musk's takeover. With CNBC's Fast Money traders, Tim Seymour, Guy Adami, Steve Grasso and Courtney Garcia.
- 10/28/2022
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GM temporarily halts paid advertising on Twitter
- General Motors Co said late on Friday it had temporarily halted paid advertising on Twitter after Elon Musk completed his takeover of the social media company.
- 10/28/2022
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GM temporarily suspends advertising on Twitter following Elon Musk takeover
- General Motors is suspending advertising on Twitter following Elon Musk's takeover of the social media platform.
- 10/28/2022
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The 3 Best Electric Vehicle Stocks to Buy in November
- In the late stages of the bull market, irrational exuberance caused investors to bid electric vehicle stocks up to ridiculous valuations. Then fears of rising interest rates and an economic slowdown caused the bubble to burst.
- 10/28/2022
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Midterm Elections 2022: 3 Stocks to Avoid Like the Plague for a ‘Red Wave'
- Elections can be bad for investors. They create uncertainty.
- 10/27/2022
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Buy 7 October Buffett Dividend Dogs And Watch One More
- This Buffett holdings list from Kiplinger first appeared 8/15/22 on line. YCharts and Dogs of The Dow also track this Buffett/Berkshire batch. Here is your update from 10/24/22 YCharts data. 31 of 47 current Berkshire-Hathaway-owned-stocks pay dividends. As of 10/24/22, the top-ten ranged 3.28%-5.18% by annual-yield and 45 of 47 ranged -2.67% to 65.66% per broker-estimated price-target-upsides.
- 10/26/2022
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GM's plan to build 400,000 EVs in North America has been delayed by up to 6 months because it hasn't been able to make batteries fast enough
- CEO Mary Barra said in February that GM would hit the target by the end of 2023, but said in GM's Q3 results, that battery production had been slower.
- 10/26/2022
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GM stock boosted on earnings beat and steady full-year guidance
- Autos correspondent Pras Subramanian joins the Live show to look at General Motors shares following an earnings beat.
- 10/25/2022
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General Motors (GM) Q3 Earnings Beat Estimates, Sales Rise Y/Y
- General Motors' (GM) third-quarter 2022 earnings beat. Its top and bottom lines see robust year-over-year growth.
- 10/25/2022
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GM Reports Increased Profits in Third Quarter Amid High Inflation
- General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
- 10/25/2022
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Earnings: GM ‘got the supply chain under control,' Autoblog editor says
- Autoblog Editor-in-Chief Greg Migliore joins Yahoo Finance Live anchor Akiko Fujita to discuss General Motors earnings, supply chain snags, and the automaker's EV strategy.
- 10/25/2022
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Home Prices See Biggest Monthly Decline in 35 years
- Home Prices See Biggest Monthly Decline in 35 years.
- 10/25/2022
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GM Had a Good Quarter, but It's Next Year That Counts
- Investors have every reason to wait for an anticipated consumer downturn to hit Detroit before buying back auto stocks.
- 10/25/2022
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EV stocks: GM, Ford, Tesla gain in early trading
- Yahoo Finance Live's Brad Smith breaks down how EV stocks are trading on Tuesday.
- 10/25/2022
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Every metric in GM's earnings results is better than analysts expected
- CNBC's Phil Lebeau reports on GM's quarterly earnings results.
- 10/25/2022
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Daily Dividend Report: General Motors, IBM, American Electric Power, Albemarle, Hexcel
- Daily Dividend Report: General Motors, IBM, American Electric Power, Albemarle, Hexcel
- 10/25/2022
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General Motors (GM) narrowly misses 3Q earnings expectations, keeps full-year guidance steady
- General Motors Company (NYSE:GM) delivered record third quarter 2022 revenue and double-digit EBIT-adjusted margins, driven by improved supply chain conditions for its full-size pickup, full-size SUV and Cadillac Escalade segments. The Detroit automaker posted 3Q revenue of US$41.89 billion, slightly less than the $42.22 billion expected by analysts, but beat expectations on adjusted earnings per share of US$2.25 compared to $1.88 for the same period last year.
- 10/25/2022
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GM beats inflation as US demand drives quarter
- The automaker reported net income of $3.3 billion, or $2.25 per share, on revenue of $41.9 billion. Net income for the quarter was driven by a new vehicle sales increase of 24% in the United States.
- 10/25/2022
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General Motors saw the chip shortage improve in Q3
- General Motors Company (NYSE: GM) is trading up this morning after reporting better-than-expected profit for its fiscal third quarter. Its revenue, though, came in slightly shy of estimates.
- 10/25/2022
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GM Gets a Boost After Earnings Beat, Reaffirmed Forecast
- The shares of General Motors Company (NYSE:GM) are up 3.4% at $36.92 this morning, following the automotive maker's third-quarter earnings report.
- 10/25/2022
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GM reports huge earnings beat, maintains guidance
- Yahoo Finance's Pras Subramanian joins the Live show to discuss third-quarter earnings for GM.
- 10/25/2022
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Jim Cramer on GM earnings: CEO Mary Barra has done such a great job
- CNBC's Jim Cramer joins 'Squawk on the Street' to discuss margins for automotive companies, manufacturers seeing a rebound in supply chain health, and consumer discretionary spending on tech and retail.
- 10/25/2022
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General Motors Company (GM) Q3 2022 Earnings Call Transcript
- General Motors Company (NYSE:GM ) Q3 2022 Earnings Conference Call October 25, 2022 8:30 AM ET Company Participants Ashish Kohli - Vice President of Investor Relations Mary Barra - Chair & Chief Executive Officer Kyle Vogt - Chief Executive Officer of Cruise Paul Jacobson - Executive Vice President & Chief Financial Officer Dan Berce - President & Chief Executive Officer of GM Financial Conference Call Participants John Murphy - Bank of America Joseph Spak - RBC Capital Markets Rod Lache - Wolfe Research Itay Michaeli - Citi Ryan Brinkman - JPMorgan Mark Delaney - Goldman Sachs Adam Jonas - Morgan Stanley Emmanuel Rosner - Deutsche Bank Colin Langan - Wells Fargo James Picariello - BNP Paribas Operator Good morning, and welcome to the General Motors Company Third Quarter 2022 Earnings Conference Call. During the opening remarks, all participants will be in a listen-only mode.
- 10/25/2022
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General Motors Company (GM) Surpasses Q3 Earnings and Revenue Estimates
- General Motors Company (GM) delivered earnings and revenue surprises of 19.05% and 0.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/25/2022
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GM CEO Barra on Third-Quarter, Supply Chain, EV Demand
- General Motors CEO and Chair Mary Barra discusses third-quarter results, efforts to address supply-chain issues, and electric-vehicle expansion plans on "Bloomberg Surveillance."
- 10/25/2022
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GM seeing steady improvement to chip shortage challenges, says CEO Mary Barra
- General Motors CEO, Mary Barra, joins 'Squawk Box' to discuss General Motors reporting better than expected Q3 profits, strong demand allowing for strong pricing, EV chip supply, and Chinese performance and operation concerns.
- 10/25/2022
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GM earnings soar on improved supply chain issues
- General Motors says its supply chain issues are improving. That allowed the company to post better-than-expected earnings despite falling short of revenue forecasts.
- 10/25/2022
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General Motors earnings beat Wall Street forecasts
- CNBC's Phil LeBeau joins 'Squawk Box' to talk GM Q3 earnings numbers beating expectations while revenue earnings lagged behind.
- 10/25/2022
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G.M. Reports Jump in Profit on Strong Sales
- The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
- 10/25/2022
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GM stock rises after company beats on earnings amid ‘challenging environment'
- Shares of General Motors Co. were moving higher in premarket trading Tuesday after the automotive company easily topped profit expectations for the latest quarter but fell slightly short on revenue.
- 10/25/2022
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General Motors is set to report earnings before the bell. Here's what Wall Street expects
- The auto industry's earnings and forecasts are being closely watched by Wall Street for any signs that consumer demand could be weakening.
- 10/25/2022
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Top of Mind for GM as It Heads Into Earnings? Inflation and Rising Rates.
- Wall Street is projecting $1.89 in adjusted per-share earnings and $3.5 billion in operating profit from about $42 billion in sales.
- 10/24/2022
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You'll see very strong earnings from General Motors on Tuesday, says Benchmark's Ward
- Michael Ward, The Benchmark Company auto analyst, and Garrett Nelson, CFRA senior auto analyst, join 'Power Lunch' to discuss the bull case for General Motors and Ford, Nelson's thoughts on Ford in the mid- to long-term and more.
- 10/24/2022
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Stocks: Tesla, Ford, GM on the move as auto earnings set to roll in
- Yahoo Finance Live's Brad Smith discusses how auto stocks are trading ahead of earnings.
- 10/24/2022
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Big Investor Bought Nvidia and Rivian Stock. It Sold Ford and GM.
- Financial-services giant DNB loaded up on shares of firm Nvidia and electric-vehicle maker Rivian in the third quarter. It cut investments in Ford and GM.
- 10/23/2022
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Sustainable Investing in Energy, Electric Vehicles, and More
- Bruce Usher, author of "Investing in the Era of Climate Change," talks about what smart investors need to know.
- 10/22/2022
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GM CEO Mary Barra on growth and opportunities in China
- GM CEO Mary Barra spoke at the 2022 Yahoo Finance All Markets Summit on prospects for the U.S. economy and how General Motors is adapting to the crosscurrents in the American and global markets. Link to story: https://finance.yahoo.com/video/gm-ceo-mary-barra-current-132400453.html :facebook: https://finance.yahoo.com/video/gm-ceo-mary-barra-current-132400453.html?ncid=facebook_yfsocialfa_wje3x23a50w0 :twitter: https://finance.yahoo.com/video/gm-ceo-mary-barra-current-132400453.html?acid=twitter_yfsocialtw_l1gbd0noiom :linkedin: https://finance.yahoo.com/video/gm-ceo-mary-barra-current-132400453.html?acid=linkedin_yfsocialli_r0bczl672a4
- 10/22/2022
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Ford already ‘bit the proverbial bullet' ahead of earnings, but GM results could go either way
- Ford Motor Co.'s third-quarter earnings report shouldn't be too dramatic since the company already warned about rising costs and inventory problems, but General Motors Co.'s report could be a different story as Wall Street analysts have boosted their estimates at a time of growing worries of weakening demand.
- 10/21/2022
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MULN Stock Preps for EV Growth With New Hire
- Mullen Automotive (NASDAQ: MULN ) stock is back in focus today after the company hired former General Motors (NYSE: GM ) executive John Schwegman as its Chief Commercial Officer (CCO). Schwegman spent 35 years at GM and oversaw commercial product lines, core brands and Chevrolet's electric vehicle (EV) efforts.
- 10/21/2022
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GM unveils 2024 GMC Sierra EV pickup truck
- Yahoo Finance's Pras Subramanian discusses features of GM's 2024 all-electric Sierra pickup truck as well as his conversation with GMC Sierra EV Chief Engineer Nichole Kraatz.
- 10/21/2022
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Will This Beaten-Down Stock Bounce Back? 3 Things to Know
- Ford's growth and profitability goals could be temporarily thwarted by an economic downturn.
- 10/21/2022
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GM's new GMC Sierra EV will offer traditional truck buyers an upscale electric alternative to the Hummer
- The GMC Sierra EV Denali Edition 1 comes with much of the same technology offered on the wild Hummer EV in a more traditional pickup package.
- 10/20/2022
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7 EV Stocks to Buy During a Stock Market Crash
- Though electric vehicles may be the future, the market doesn't see it that way at the moment, with several EV stocks suffering from the current market rout. Nevertheless, astute and daring investors may want to target this sector for speculative (and long-term) acquisitions.
- 10/20/2022
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Tesla Earnings Preview: Can TSLA Stock Get Back to the Fast Lane?
- Trading 46% from its 52-week highs, investors will want to see if Tesla continued to see delivery growth during the quarter. More importantly, Wall Street needs to make sure its guidance and outlook for deliveries showcase continued growth in Q4 and FY23.
- 10/18/2022
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Key Factors Influencing General Motors' (GM) Q3 Earnings
- The Zacks Consensus Estimate for General Motors' (GM) Q3 earnings and revenues is pegged at $1.91 per share and $41.83 billion, respectively.
- 10/18/2022
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7 Battery Stocks to Buy and Hold for Big-Time Gains
- As we enter into the era of renewable energy sources like solar and wind power, battery companies are one of the fastest-growing sectors. Based on research from Precedence Research, the global electric vehicle (EV) battery market size is set to be worth $559.87 billion in 2030 and growing fast at a compound annual growth rate (CAGR) of 32% from 2022 to 2030.
- 10/18/2022
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With Deliveries Picking Up, How Will GM Fare In Q3?
- General Motors is expected to publish its Q3 2022 results on October 25, reporting on a quarter that saw the company's delivery performance improve as semiconductor supply issues show signs of easing.
- 10/18/2022
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GM just took a stake in a startup that makes imitation leather out of mushrooms
- General Motors' venture capital arm has invested in a California startup that's making imitation leather from mushrooms.
- 10/18/2022
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The Cadillac Celestiq is GM's big (literally) luxury EV bet
- Years ago, Cadillac was associated with luxury and performance. Today, in an effort to claw its way back to the top of the luxury heap, the U.S. automaker unveiled Monday the production Cadillac Celestiq, a hand-built, bespoke behemoth fastback sedan that adheres closely to the concept it unveiled in July of this year.
- 10/17/2022
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GM tests limits of Cadillac's brand power with $300,000 Celestiq electric car
- The vehicle launches General Motors into the ultra-luxury segment against the likes of Bentley and Rolls-Royce.
- 10/17/2022
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GM CEO Mary Barra on EV charging: ‘More needs to be done for the charging infrastructure'
- GM CEO Mary Barra speaks at the 2022 Yahoo Finance All Markets Summit about EV charging hurdles.
- 10/17/2022
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GM CEO Mary Barra details the ‘tremendous opportunity' in China
- GM CEO Mary Barra speaks at the 2022 Yahoo Finance All Markets Summit on opportunities in China for electric vehicles.
- 10/17/2022
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GM CEO Mary Barra on the economy: 'We want to be prepared'
- GM CEO Mary Barra speaks at the 2022 Yahoo Finance All Markets Summit on prospects for the U.S. economy and how GM is adapting to the crosscurrents in the American and global market.
- 10/17/2022
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Driverless in Phoenix and GM takes its EV offensive beyond vehicles
- The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox.
- 10/17/2022
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Why Cruise is making its own chips, and a lot more besides
- Cruise never planned to make its own silicon. But in the quest to commercialize robotaxis — and make money doing it — those never planned pursuits can suddenly seem a lot more appealing.
- 10/16/2022
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How one GM auto plant's UAW union workforce is learning to make EVs
- GM's Lake Orion, Michigan, plant made Chevy Bolt EVs as far back as 2015, and its UAW union workers were among the first to be trained for the new auto era.
- 10/16/2022
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The 7 Best EV Truck Stocks to Buy Riding Into 2023
- This was the year when electric vehicles (or EVs) began to take hold firmly. And 2023 is shaping up to be when electric trucks enter the conversation.
- 10/16/2022
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‘Electric ecosystem' from GM Energy ‘significant growth opportunity' according to GM CEO Mary Barra
- GM CEO Mary Barra sat down with Yahoo Finance Editor-in-Chief Andy Serwer to discuss GM Energy's ‘electric ecosystem.' Tune into the Yahoo Finance All Markets Summit on Oct 17, 2022 for more from General Motors CEO Mary Barra.
- 10/14/2022
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7 EV Stocks to Buy if You Are Feeling Greedy
- The electric vehicle rally may have turned south. However, that downturn has created an excellent opportunity to scoop up these hot EV stocks to buy.
- 10/14/2022
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GM CEO Mary Barra talks about GM's new business endeavor for the first time with Yahoo Finance
- General Motors CEO Mary Barra discusses the latest on GM's EV tech and its ‘new $200 billion business opportunity' says Yahoo Finance Editor-in-Chief Andy Serwer. Tune into the Yahoo Finance All Market Summit on Oct 17, 2022 to hear more from General Motors CEO Mary Barra.
- 10/13/2022
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General Motors' Bolt Jolt Should Rev Up GM Stock
- American automotive giant General Motors (NYSE: GM ) has had a challenging year, to say the least. Like many other car manufacturers, General Motors has struggled with supply-chain disruptions.
- 10/13/2022
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General Motors Is Outpacing Ford, but Bigger Problems Loom
- General Motors ( GM , Financial) has been locked in a battle with Ford ( F , Financial) for as long as both companies have been around. These days, their enmity has turned towards the electric vehicle front as they try to innovate for the future.
- 10/13/2022
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GM Energy: ‘We're really excited about the business opportunity,' GM CEO says
- Yahoo Finance's Editor-in-Chief Andy Serwer discusses General Motors' new business unit with GM CEO Mary Barra,
- 10/13/2022
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- General Motors Company (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/13/2022
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The Only Stock Warren Buffett Has Sold in Each of the Last 2 Bear Markets
- This value stock has found itself on the chopping block twice since the beginning of 2020.
- 10/13/2022
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The 2024 Chevy Trax is GM's new take on its cheapest SUV
- General Motors unveiled a new, slightly bigger redesigned version of its cheapest entry-level SUV, the Trax. The new version looks much, much sleeker than the chunky little SUV it replaces and adds new features. But it also drops one major option while retaining what may be the SUV's most important feature, it's cheap price.
- 10/12/2022
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GM reveals 2024 Chevrolet Trax crossover with new tech and design — at a lower price
- The compact crossover is key to attracting and retaining cost-conscious buyers, as interests rates rise and prices of new vehicles continue to break records.
- 10/12/2022
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Warren Buffett's Buying This Passive Income Stock
- Berkshire Hathaway recently tripled its position in this financial stock.
- 10/12/2022
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General Motors vs. Ford: Which Auto Stock Should You Buy?
- The Automotive-Domestic Industry is in the top 36% of over 250 Zacks Industries and two stocks investors may consider buying out of the group are General Motors (GM) and Ford Motor Company (F).
- 10/11/2022
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Lessons From the Bursting EV Bubble
- One of the most challenging parts of investing is analyzing which companies will perform the best in individual sectors over the long term. Unfortunately, it is almost impossible to predict today the companies that will succeed in any particular hot new growth sector over the next 20 years.
- 10/11/2022
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Auto Biggies End Q3 on a Mixed Note, Q4 Prospects Gloomy
- While GM and F report a year-over-year increase in Q3 U.S. vehicle sales, TM, HMC and STLA witness declines. The outlook for the rest of 2022 is getting increasingly cloudy amid growing economic concerns.
- 10/11/2022
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GM is starting an energy storage subsidiary to take on the Tesla Powerwall
- General Motors is starting its own energy storage business using its Ultium battery packs to power homes and charge cars as well as to feed power back into the grid when needed.
- 10/11/2022
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Cheap Stocks To Buy Now? 2 EV Stocks In Focus
- Are these EV stocks the best cheap stocks to buy now?
- 10/11/2022
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General Motors takes on Tesla with new energy division
- The car maker is now selling electric vehicle chargers, solar panels and other energy products to EV owners and utilities
- 10/11/2022
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GM Launches Energy Ecosystem Based on Ultium EV Platform
- The newly formed GM Energy aims to simplify bidirectional charging, stationary battery storage and solar power for residential and commercial EV owners.
- 10/11/2022
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GM introduces energy management ecosystem for home, EV and commercial customers
- General Motors Co. GM, -3.96% introduced Tuesday a new business unit called GM Energy, which will consist of Ultium Home, Ultium Commercial and Ultium Charge 360 to create an energy management ecosystem. GM Energy will offer to home, commercial and electric vehicle customers services including vehicle-to-home (V2H) and vehicle-to-grid (V2G) applications, stationary storage, solar products and hydrogen fuel cells.
- 10/11/2022
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GM is in the energy business now
- General Motors is launching a new line of energy products to homeowners, businesses and utilities — the next step in an EV offensive designed to generate revenue beyond making and selling electric vehicles and aimed directly at Tesla.
- 10/11/2022
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GM is launching a new business to connect homes and businesses with EV chargers, energy storage
- GM is launching a new business unit to bring its battery and software expertise to home and business customers.
- 10/11/2022
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General Motors Launches New GM Energy Business Unit To Focus On EV Ecosystem Integration
- General Motors is launching the new GM Energy business unit to better enable the electric vehicle ecosystem with stationary storage, charging management and bidirectional charging systems for its new EVs.
- 10/11/2022
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Demand destruction ahead? UBS downgrades automakers
- CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Dan Nathan, Karen Finerman, and Courtney Garcia discuss the UBS downgrade of Ford and GM, consumer financing of automobile payments, and offer forecasts around further declines.
- 10/10/2022
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This is not the time to sell General Motors, says Cerity's Jim Lebenthal
- Jim Lebenthal, Cerity Partners, joins 'Closing Bell: Overtime' to discuss bullishness for GM.
- 10/10/2022
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Is It Time To Sell Ford Stock, General Motors? Here's What Analysts Say
- Ford stock and General Motors stock both fell Monday morning after analysts cut their price targets and downgraded ratings. The post Is It Time To Sell Ford Stock, General Motors?
- 10/10/2022
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Ford And GM Should No Longer Be Valued As Traditional Auto Companies
- Ford and GM are currently valued at the traditional P/E multiples of 4-6X for the auto industry. A closer look shows that they are transforming into very different business models with new characteristics similar to technology companies.
- 10/10/2022
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Why Ford and GM Were Downgraded By UBS
- TheStreet's Martin Baccardax explains why Ford and GM were downgraded by UBS.
- 10/10/2022
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Why Ford, GM, and Nio Stocks Are Falling Today
- Stock downgrades and other negative automotive news sent the stocks tumbling.
- 10/10/2022
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GM and Ford shares tumble after UBS downgrades on expectations for weakening demand
- UBS expects the U.S. auto industry to be problematic following record profits amid low supplies and high demand during the coronavirus pandemic.
- 10/10/2022
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Why Is General Motors (GM) Stock Down Today?
- Much of the attention today has been focused on the share-price slide of Ford (NYSE: F ) stock. However, let's not ignore the other American automotive icon, General Motors (NYSE: GM ).
- 10/10/2022
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2 Stalling Auto Stocks Dinged by Downgrades
- Wall Street analyst UBS weighed in on the auto industry today, issuing bear notes to Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM).
- 10/10/2022
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Why Tesla's Rivals Are All Falling Monday
- Stock markets still look weak overall.
- 10/10/2022
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How GM plans to convince consumers to make the switch to electric vehicles
- GM is all-in on EVs, and to bring auto buyers along for the ride, it is reimaging the customer experience, advertising and marketing.
- 10/08/2022
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General Motors (GM) Fined $102.6M in Class Action Engine Trial
- General Motors (GM) has been ordered to pay a hefty $102.6 million in a 2016-class action lawsuit trial that alleges that it sold trucks in SUVs with defective engines, leading to vehicle breakdowns.
- 10/07/2022
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7 Under-$50 Stocks to Buy to Tap Into a Hidden Bull Market
- Although crimson seems to be the shade of the moment in the equities sector, by targeting under-$50 stocks to buy, astute and daring investors may be able to tap into a hidden bull market. How can this be?
- 10/07/2022
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7 Most Undervalued Electric Vehicle Stocks to Buy Before They Race Higher
- A year ago, undervalued electric vehicle stocks would have been an oxymoron. The sector was flying high on hope, hype and a ferocious appetite for growth stocks.
- 10/05/2022
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Auto dealers see uptick in buyers with auto loans of $1,000 a month
- CNBC's Phil LeBeau joins 'The Exchange' to discuss new data reporting peak auto payments of $1,000 a month, along with more consumers seeking out longer term auto loans.
- 10/05/2022
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7 Warren Buffett Stocks That Are Too Cheap to Ignore
- While investors as a rule should rely mostly on their due diligence before making decisions, certain experts may help improve the probabilities of success, thus bolstering the case for cheap Warren Buffett stocks. Known as the Oracle of Omaha, Buffett represents a living legend, providing a wealth of great ideas amid troubling times.
- 10/05/2022
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Why General Motors Stock Is Down Today
- One influential Wall Street analyst prefers Ford right now.
- 10/05/2022
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Morgan Stanley slashes price target on General Motors stock
- Yahoo Finance Live's Akiko Fujita discusses stock performance for General Motors after Morgan Stanley slashes its price target.
- 10/05/2022
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With Deliveries Improving, Is GM Stock A Buy?
- General Motors stock has had a tough year so far, falling by about 44% since early January, considerably underperforming the S&P 500 which remains down by about 25% over the same period.
- 10/05/2022
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Why QuantumScape, ChargePoint, and GM Stocks Jumped Today
- Positive market sentiment and strong vehicle sales are pushing these auto stocks higher.
- 10/04/2022
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GM Sales Beat Rival Toyota
- General Motors (GM) made big sales gains in a sign the semiconductor shortage is easing. GM shares are rising over 2% in pre-market trading.
- 10/04/2022
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GM has sold 80,000 more cars than Toyota this year, fighting back after losing its 90-year streak as the USA's best-selling automaker
- GM was a minority among its US car market rivals to see an uptick in sales during the third quarter of 2022.
- 10/04/2022
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General Motors names ex-Tesla, Lyft exec Jonathan McNeill to its board
- General Motors Corp. GM, +2.43% on Tuesday named entrepreneur, venture capitalist and former Tesla Inc. TSLA, -8.61% and Lyft Inc. LYFT, -1.67% executive Jonathan McNeill to its board. "I am excited to help GM unlock the opportunities enabled by its transformative investments in technology," McNeill said in a statement.
- 10/04/2022
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Analysts Think 9 Cheapest Of The Cheap Stocks Are Worth A Shot
- Buying S&P 500 stocks on the cheap isn't a winning way to make money long term. But that doesn't stop some investors from trying anyway.
- 10/04/2022
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GM adds former Lyft and Tesla executive Jon McNeill as board member
- Jon McNeill has served as chief operating officer at Lyft and president of global sales, delivery and service at Tesla.
- 10/04/2022
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GM President on First EV, Chips, Outlook, Inflation
- General Motors President Mark Reuss discusses the automakers first-ever electric vehicle, the Silverado RST pickup truck, supply chain challenges, the ongoing chip shortage, demand for vehicles amid rising inflation and working from home. He speaks to Bloomberg's Matt Miller at GM's proving grounds in Michigan on September 30th.
- 10/03/2022
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U.S. auto sales fall slightly in Q3, but GM is a bright spot
- DETROIT — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in September. But there are warning signs consumers' appetite for expensive new cars, trucks and SUVs may be waning.
- 10/03/2022
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GM stock jumps after quarterly vehicles sales rise more than 24% and as inventory improves
- Shares of General Motors Co. GM, +2.71% jumped 2.8% in premarket trading Monday, after the automaker reported a 24.3% jump in third-quarter U.S. vehicle sales to 555,580 vehicles, and a "modestly improving" inventory situation. The sales for the latest quarter included a 27.4% decline in Buick deliveries, a 49.5% rise for Cadillac, a 29.5% increase for Chevrolet and a 23.9% rise for GMC.
- 10/03/2022
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Best Stocks To Buy During A Recession? 3 Defensive Stocks To Know
- Are these defensive stocks the best stocks to buy during a recession?
- 10/03/2022
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General Motors says sales rose 24% in the third quarter
- GM said it sold 555,580 vehicles from July through September, up from 447,000 a year earlier.
- 10/03/2022
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Affordability will start to be an issue for car dealers, says former Ford Motor CEO
- Mark Fields, former Ford Motor Company CEO and president, joins CNBC's 'Squawk Box' to break down shares of Tesla and vehicle demand.
- 10/03/2022
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GM's Reuss Says Vehicle Demand Still Strong
- General Motors President Mark Reuss discusses the automakers first-ever electric vehicle, the Silverado RST pickup truck, supply chain challenges, the ongoing chip shortage, and demand for vehicles amid rising inflation. He speaks to Bloomberg's Matt Miller at GM's proving grounds in Michigan.
- 09/30/2022
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GM's Cruise wants to add 5,000 more robotaxis to American streets. This city warns it could backfire
- GM's self-driving car subsidiary Cruise said earlier this year that it wants to add as many as 5,000 more robotaxis to American streets, including in San Francisco, where it currently maintains a fleet of fewer than 100 cars. But the city says the robotaxis are already shaping up to be a self-driving nightmare at times and warns that a much larger fleet could worsen safety and traffic.
- 09/30/2022
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Car-related stocks take it on the chin, with declines of up to 25% in one day
- U.S. stocks sold off again on Thursday, with CarMax and several vehicle manufacturers and parts makers among the worst performers.
- 09/29/2022
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U.S. Auto Sales: GM, Ford To Lead Q3 Rebound, But Challenges Persist
- Improvements in vehicle production will lead to modest gain in Q3 auto sales, experts say. But inventories are still an issue.
- 09/29/2022
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7 Undervalued Warren Buffett Stocks to Buy Before They Rebound
- Investors who are fans of Warren Buffett may want to look at his Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) holdings. The Oracle of Omaha owns companies spanning industries from tech to oil and gas to finance and banking.
- 09/29/2022
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Why Auto Stocks Ford, Lucid, and GM Are Falling Today
- Auto stocks are sliding on worries of a potential economic slowdown.
- 09/29/2022
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GM partners, invests in OneD Battery Sciences in quest for cheap, energy-dense EV batteries
- General Motors and OneD Battery Sciences are teaming up on a joint research venture into building more efficient batteries for electric vehicles. The partnership will focus on using OneD's silicon nanotechnology in GM's Ultium battery cells to extend range, improve performance and cut costs.
- 09/29/2022
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7 Under-$50 Sleeper Stocks to Buy Before Wall Street Wakes Up
- After covering market ideas under $10 and later under $20, it's now time to go up the standalone denomination chain of the Federal Reserve note spectrum and discuss under-$50 sleeper stocks to buy before Wall Street wakes up. The narrative is simple.
- 09/28/2022
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WH prepares for potential Yellen departure; Senate avoid shutdown; GM clarifies RTO policy
- Yahoo Finance anchor Julie Hyman reports the latest notable business headlines including the White House preparing for the possible departure of Treasury Chief Janet Yellen after midterm elections, Senate avoiding a government shutdown, and GM clarifying its return to office policy.
- 09/28/2022
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GM EV Vs. Tesla: The Competition For Electric Vehicle Dominance
- Tesla currently dominates the EV market, but GM is likely to take over by the end of the decade – as counterintuitive as that may seem.
- 09/28/2022
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Ford, GM upgrade their heavy-duty pickup profit machines
- Ford Motor Co on Tuesday took the wraps off the latest version of its Super Duty pickup, providing a look at how the U.S. automaker will manage one of the biggest challenges confronting Detroit.
- 09/27/2022
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GM walks back return-to-office plans amid employee pushback
- Yahoo Finance Rachelle Akuffo, Seana Smith and Dave Briggs discuss General Motors reversing its decision on return-to-office requirements as employees argue for increased flexibility in an uncertain job market.
- 09/27/2022
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GM delays return-to-office after employee uproar: ‘General Motors is doomed'
- GM irritated many workers by initially sharing a three-day-per-week policy in a Friday email.
- 09/27/2022
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GM delays return-to-office mandate after employee backlash
- The company on Friday said corporate workers would be required to return to physical locations at least three days a week, beginning later this year.
- 09/27/2022
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Here is What to Know Beyond Why General Motors Company (GM) is a Trending Stock
- General Motors Company (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/27/2022
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Hertz Follows Big GM EV Deal With BP Pulse Charge Station Tie-up
- A week after announcing its intention to buy up to 175,000 electric vehicles over five years from General Motors Corp. rental car giant Hertz Corp. announced a major step Tuesday to complete the other half of the EV equation—keeping its growing fleet charged.
- 09/27/2022
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Final Trades: Wynn Resorts, Honeywell, General Motors & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/26/2022
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General Motors (GM) Partners Lithion & Toledo to Spur EV Game
- General Motors (GM) announces strategic investment in Lithion and Toledo Systems to strengthen its position in the EV domain. It will bring it closer to its goal of producing 1 million EVs by 2025.
- 09/26/2022
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General Motors has told its corporate staff they'll soon need to work in the office 3 days a week, partly reversing CEO Mary Barra's flexible-working policy
- GM is changing its remote-working policy as it prepares to launch as many as 22 electric vehicles by 2023.
- 09/26/2022
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GM Chief Sustainability Officer: We're focused on an ‘all-inclusive' EV transition
- This segment originally aired on September 21, 2022. GM Chief Sustainability Officer Kristen Siemen joins Yahoo Finance Live to detail GM's plans for an electric vehicle transition and how the company is looking to tackle Scope 1, Scope 2, and Scope 3 emissions.
- 09/24/2022
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General Motors Vs. Ford: A Comparison
- While the past 12-month stock performance of General Motors is -23.68%, Ford's is +2.19%. General Motors' P/E [FWD] Ratio is currently 6.46 while Ford's is 19.56.
- 09/24/2022
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GM to spend $760 million to renovate Toledo factory to make EV parts
- TOLEDO, Ohio (AP) — General Motors GM, -5.08% says it will spend $760 million to renovate its transmission factory in Toledo, Ohio so it can build drive lines for electric vehicles.
- 09/23/2022
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GM to invest $760M to shift Ohio plant to EV-part production
- GM will convert its Toledo factory from building transmissions to electric drive units, becoming the first U.S. powertrain facility repurposed for EV production.
- 09/23/2022
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GM investing $760 million in Toledo factory to make electric car drive units
- General Motors is investing $760 million in its Toledo Propulsion Systems factory, which builds transmissions for gas-powered vehicles, so that it can make electric drive units for electric vehicles, too.
- 09/23/2022
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Why Ford, GM, Lucid, and Rivian Stocks Dropped Today
- Which half of the quartet looks in better shape?
- 09/23/2022
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GM invests in Canadian battery recycler to fight supply shortage
- General Motors is partnering with a Canadian battery recycler to produce new batteries from recovered battery materials, as it aims to scale EV production in North America amid supply shortages and rising costs.
- 09/23/2022
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Stock Market Dives, Dow Jones Tests Lows On Hawkish Fed, Soaring Bond Yields: Weekly Review
- The stock market continued to sell off as the Fed hiked rates aggressively and Treasury yields surged. The Dow Jones tested June lows.
- 09/23/2022
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GM stops taking reservations for Hummer EV
- There's a lot of buyer interest in the electric Hummer now being offered by Chevrolet. But there's limited capacity to build them, and now General Motors has stopped taking orders for the massive EV.
- 09/22/2022
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Hertz is buying up to 175,000 electric vehicles from GM
- Hertz has agreed to purchase up to 175,000 electric vehicles from General Motors over the next five years. This follows earlier announcements that Hertz would buy 100,000 electric cars from Tesla and another 65,000 from the Volvo spin-off brand Polestar.
- 09/22/2022
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General Motors (GM) & Hertz Partner for Massive Supply of EVs
- General Motors (GM) partners global vehicle rental company Hertz to supply nearly 175K EVs, including the commercial unit BrightDrop, over the next five years to expand the latter's electric fleet.
- 09/22/2022
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General Motors to close reservations for electric Hummer pickup, SUV after topping 90,000
- General Motors Company (NYSE:GM) (GM) has said it will close reservations for its electric GMC Hummer pickup and the forthcoming GMC Hummer SUV after more than 90,000 of the vehicles were reserved, CNBC reported. The number of reservations is notable because of the starting prices of the vehicles, which range between roughly $85,000 and $111,000, the report added, noting that closing the reservations is a way for the automaker to attempt to fulfill the current list of reserved vehicles, which extends out to at least 2024.
- 09/22/2022
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The Best Stocks to Buy Amid the ‘Electrification of Everything'
- This week in our Hypergrowth Investing podcast , we're looking at quite possibly the disruption of the decade — the “Electrification of Everything.” Electric vehicles, clean energy and energy storage, and eVTOLs (electric vertical takeoff and landing aircraft).
- 09/21/2022
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GM to close reservations for electric Hummer pickup, SUV after topping 90,000
- The number of reservations is notable because of the starting prices of the vehicles, which range between roughly $85,000 and $111,000.
- 09/21/2022
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Should you buy Toyota Motors shares after dropping 25% YTD?
- Toyota Motor Corporation (NYSE: TM) shares have weakened 25% since the beginning of the 2022 year, and the current price stands at $139. Toyota continues to face supply-chain issues, and the company recently reported that U.S. sales dipped 9.8% Y/Y to 169,626 vehicles in August.
- 09/21/2022
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Dear HTZ Stock Fans, Watch This Giant EV Catalyst
- Source: aureliefrance / Shutterstock.com Hertz (NASDAQ: HTZ ) stock is catching the interest of electric vehicle (EV) investors after announcing major plans to update its fleet of rental vehicles. Over the next five years, Hertz intends to acquire 175,000 General Motors (NYSE: GM ) EVs for its fleet.
- 09/21/2022
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Hertz and General Motors ink deal to deploy up to 175,000 electric vehicles
- Hertz Global Holdings Inc has said it plans to order up to 175,000 General Motors Co (GM) electric vehicles (EVs) over the next five years, in the rental car company's latest move toward zero-emission models, Reuters reported. The multi-billion dollar, multi-year deal could be the first of many GM agreements to supply EVs to rental car companies, said Steve Carlisle, GM's North American operations chief, on a conference call.
- 09/21/2022
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Hertz signs its biggest EV deal with General Motors
- Hertz Global Holdings Inc (NASDAQ: HTZ) on Tuesday said it will buy 175,000 electric vehicles from General Motors Company (NYSE: GM) through 2027. Shares of both companies remained rather dull after the bell.
- 09/20/2022
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GM, Hertz announce deal for 175,000 electric vehicles
- General Motors has announced plans to sell 175,000 electric vehicles to Hertz through 2027. CNBC's Phil LeBeau talks to GM CEO Mary Barra and Hertz CEO Stephen Scherr about the deal.
- 09/20/2022
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Hertz will order up to 175,000 EVs from General Motors, including BrightDrop vans
- Eco-conscious vehicle renters can soon expect to see EVs from GM brands Buick, Chevrolet, Cadillac, GMC and even commercial delivery unit BrightDrop at Hertz rental locations.
- 09/20/2022
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Final Trades: Morgan Stanley, JPMorgan, GM & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/20/2022
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Ark Innovation ETF buys GM stock for the first time since May
- Yahoo Finance's Alexandra Semenova discusses the latest purchases from Cathie Wood's flagship Ark Invest fund.
- 09/20/2022
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Hertz to order nearly 200,000 GM EVs for its rental fleet
- Hertz Global Holdings Inc. said Tuesday it was working on a “major expansion” of its fleet of electric cars and ordering 175,000 EVs from General Motors Co.
- 09/20/2022
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GM to sell up to 175,000 electric vehicles to Hertz through 2027
- GM is the latest automaker to strike such an agreement with Hertz following Tesla and Polestar, a Volvo-backed electric vehicle startup.
- 09/20/2022
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General Motors 5% Lower as It Hitches Ride to Crosstown Rival
- General Motors investors heard a crosstown rival's bad news loud and clear.
- 09/20/2022
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Tesla Bull Cathie Wood, Once Skeptic Of Legacy Automakers' EV Transition, Loads Up Another $5M In GM Stock - General Motors (NYSE:GM)
- Ark Invest, run by Cathie Wood bought roughly $5 million worth of General Motors Corporation (NYSE: GM) shares on Monday, adding to the position she
- 09/20/2022
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Cruise Automation CEO on Origin, vehicle affordability
- CNBC's Jim Cramer spoke with Cruise Automation CEO Kyle Vogt on Monday's episode of "Mad Money."
- 09/19/2022
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LMC Automotive forecasts demand erosion on the lower end, cuts sales rate forecast
- CNBC's Phil LeBeau joins 'Squawk Box' to report why auto sales could be in trouble, according to a new forecast from LMC Automotive.
- 09/19/2022
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7 Undervalued Stock Picks to Beat the September Market Slump
- Although the tail end of the third quarter brought some unwanted volatility to the market, forward-thinking investors might want to use this time to strategize undervalued stock picks. One of the primary benefits of this approach is that such securities may not have that much further to correct.
- 09/16/2022
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General Motors (GM) $491M Investment to Spurt EV Growth
- General Motors' (GM) $491-million investment in its Marion Stamping plant will spur its electrification growth. Work will begin later in the year.
- 09/16/2022
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1 Electric Vehicle Stock to Buy Hand Over Fist and 2 With Serious Red Flags
- Not all EV stocks will be winners, but one has a lot of tailwinds at its back.
- 09/16/2022
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GM announces $491M investment in Indiana facility as part of EV production efforts
- GM on Thursday announced a $491 million investment into its Marion, Indiana, metal stamping plant to ready the facility to make parts for EVs and other future products.
- 09/15/2022
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General Motors (GM) Inks New Supply Contract to Boost EV Game
- General Motors (GM) partners with Lear (LEA) to secure the supply of EV-related technologies for its proprietary Ultium Drive platform.
- 09/15/2022
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GM Cruise Steps Up Commercial Operations, Hastening Prospect Of Revenues From Autonomous Tech
- Cruise, already operating robotaxis commercially in San Francisco, will add Austin and Phoenix as new markets within three months. Kyle Vogt, Cruise CEO, set a goal of $1 billion in revenue by 2025.
- 09/14/2022
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Cruise ‘Recalls' Robotaxis After Crash, But The Recall Is The Wrong Mechanism
- Cruise had the first no-safety-driver crash with injuries and some fault to the system. Here are new details, plus discussion on what robocar accidents mean, and whether a "recall" is the right approach for a software update to improve safety.
- 09/14/2022
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Upset by high prices, GM's Cruise develops its own chips for self-driving cars
- General Motors' autonomous driving unit Cruise has developed its own chips for self-driving cars to be deployed by 2025, as they aim to bring down costs and scale up volume, executives said Tuesday.
- 09/13/2022
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General Motors (GM) Cruise to Offer Robotaxis in Arizona, Texas
- General Motors' (GM) AV unit Cruise will expand its driverless taxi services to Arizona and Texas by 2022-end after its successful launch in San Francisco. It aims for revenue generation through AVs.
- 09/13/2022
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Is Trending Stock General Motors Company (GM) a Buy Now?
- Zacks.com users have recently been watching General Motors Company (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 09/13/2022
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GM's robotaxi startup plans to expand to Phoenix and Austin within 90 days, following its launch in San Francisco earlier this year
- Cruise, an autonomous taxi service that launched in January, aims to add Phoenix, Arizona, and Austin, Texas, to its network, its CEO said.
- 09/13/2022
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GM's Cruise robotaxi service to expand into Phoenix, Austin
- SAN FRANCISCO — General Motors' self-driving car company on Monday announced plans to expand a robotaxi service that recently launched in California into new markets in Arizona and Texas before the end of this year.
- 09/12/2022
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General Motors Company (GM) Presents at Goldman Sachs 2022 Communacopia + Technology Conference (Transcript)
- General Motors Company (NYSE:GM ) Goldman Sachs 2022 Communacopia + Technology Conference September 12, 2022 3:30 PM ET Company Participants Mary Barra - Chair and Chief Executive Officer Kyle Vogt - Chief Executive Officer, Cruise Conference Call Participants Mark Delaney - Goldman Sachs Mark Delaney Okay, great. We're going to go ahead and get started.
- 09/12/2022
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Is This EV and Tech Industry Supplier the Next Megagrowth Stock?
- This mining stock could be a great long-term buy, but lots of patience will be required.
- 09/12/2022
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The 10 Cheapest Warren Buffett Stocks
- These Berkshire Hathaway holdings sport forward-year price-to-earnings (P/E) ratios of 4.8 to 9.2.
- 09/12/2022
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Tap Into the Supercharged EV Industry With These 3 Stocks
- The EV boom is finally here. And after years of speculation, it's never felt more real.
- 09/09/2022
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LYFT Stock Alert: Is General Motors Really Going to Buy Lyft?
- Source: Tero Vesalainen / Shutterstock.com Lyft (NASDAQ: LYFT ) stock is up more than 15% this week following rumors of a General Motors (NYSE: GM ) acquisition. However, neither company has confirmed the rumors, although they share a storied past.
- 09/09/2022
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General Motors Is Going for the Ride-Hailing Crown
- General Motors ( GM , Financial) is a major American carmaker that has done very well traditionally. It is now evolving into electric vehicles and hybrid vehicles.
- 09/09/2022
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The 3 Best Electric Vehicle Stocks to Buy in September
- Without a doubt, electric vehicles are the future. Compared to gasoline-fueled autos, they're cheaper to power and maintain, and of course, EVs are much better for the environment.
- 09/09/2022
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Picking the best consumer discretionary stocks
- Scott Nations of Nationshares and David Swartz of Morningstar join the 'CNBC Special: Blue Chip Playbook' to discuss consumer discretionary stocks and where they're looking to put money now. With John Spallanzani, Miller Value Partners
- 09/08/2022
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General Motors Co (GM) Evercore TMT Conference Call Transcript
- General Motors Co (NYSE:GM ) Evercore TMT Conference Call September 8, 2022 2:15 PM ET Company Participants Travis Katz - CEO, BrightDrop Conference Call Participants Christopher McNally - Evercore ISI Christopher McNally Well, welcome, everyone, to one of the last sessions of, actually, of the day, but we're leaving really the best for last. So I wanted to welcome to the stage, Travis Katz, CEO of GM's BrightDrop.
- 09/08/2022
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GM targets the masses with its $30,000 all-electric Chevrolet Equinox SUV
- GM's latest bid to ramp up U.S. EV sales and surpass rival Tesla is a $30,000 all-electric SUV aimed squarely at the mass market.
- 09/08/2022
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GM unveils $30,000 electric SUV that will be one of the cheapest EVs available
- General Motors revealed a new electric SUV Thursday that the automaker expects will be the cheapest compact electric SUV on the market when it goes into product in about a year. The Chevrolet Equinox EV will have a starting price around $30,000 which, at any rate, will make it among the cheapest electric vehicles of any sort.
- 09/08/2022
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2024 Chevy Equinox EV Arrives Next Fall, Starts Around $30,000
- The electric Equinox will be offered with two battery sizes, front- or all-wheel drive and an estimated 300 miles of range.
- 09/08/2022
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GM maps a slow rollout for its 'affordable' EV
- General Motors Co said Thursday the Chevrolet Equinox, one of the least expensive of its new generation of electric vehicles for North America, will go on sale in the fall of 2023 priced above the company's $30,000 target.
- 09/08/2022
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GM is betting on its electric Equinox, starting at $30,000, to kick-start 'massive adoption' of EVs
- The all-electric Chevrolet Equinox EV is scheduled to go on sale in the U.S. next fall, starting at around $30,000.
- 09/08/2022
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GM Wants to Take Chinese Market Share Using U.S. Exports
- GM has a new plan to boost sales in China. It likely will target higher-end customers.
- 09/08/2022
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Exclusive-General Motors targets China's urban rich with luxury imports
- General Motors has lost its mojo in China.
- 09/07/2022
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Want More Passive Income? These 2 Stocks Just Declared Dividend Raises
- These two top companies in their respective industries are trying their best to keep income investors happy.
- 09/07/2022
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Tesla and General Motors Could Soon Soar 30%
- Inflation Reduction Act incentives could play a big role for some automakers.
- 09/07/2022
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Threat of Labor Unrest Is Growing Risk for UPS, Ford, and GM.
- It isn't too early to start thinking about the risk of next year's union contract negotiations on profit margins for several industrial and manufacturing companies.
- 09/06/2022
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GM Is Finally Paying a Dividend Again. Is the Stock a Buy?
- GM has reinstated its dividend and continues advancing plans to electrify its lineup, making the stock a tempting choice.
- 09/05/2022
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How electric vehicle manufacturing could shrink the Midwestern job market
- Electric vehicles may require less manufacturing labor than conventional gasoline engine cars, and that could shrink the domestic parts supplier trade.
- 09/04/2022
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GM to offer franchise buyouts to U.S. Buick dealers
- General Motors will offer buyouts to U.S. Buick dealers as an alternative for franchise owners who don't want to pay the price of shifting Buick into an EV only brand.
- 09/03/2022
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GM offers U.S. Buick dealer buyouts amid transition to EVs
- Yahoo Finance Live examines General Motors offer to U.S. Buick dealer buyouts as the automotive industry continues to push towards EVs and charging infrastructure demands.
- 09/02/2022
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3 No-Brainer EV Stocks to Buy If You Have Money to Invest
- What a difference a year or two can make! For much of 2020 and 2021, the Street couldn't get enough of electric vehicle stocks.
- 09/02/2022
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3 Auto Stocks to Buy for EV Growth
- General Motors (GM), Ford (F), and Tesla (TSLA) are worthy portfolio additions. All three stocks are transforming the future of the automobile industry with EVs, hybrid cars, and more.
- 09/02/2022
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GM offers to buy out Buick dealers that don't want to invest in EVs
- The buyout offers are the latest efforts by GM to accelerate the company's electric vehicle plans and transform its sales network.
- 09/02/2022
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Ford (F), General Motors (GM) Recall Nearly 398K Vehicles in US (Revised)
- Ford (F) and General Motors issue recall of Lincoln Continental and some F-Series trucks, and Chevrolet Spark, respectively, over safety concerns in the U.S.
- 09/02/2022
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Cruise recalls its robotaxis after passenger injured in crash
- This week Cruise, which counts General Motors as its largest shareholder, became the first robotaxi operator to recall its vehicles, following a June crash involving "major" damage and minor passenger injuries.
- 09/01/2022
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GM's Cruise recalls, updates software in 80 robotaxis following crash
- Cruise, the autonomous vehicle unit under GM, reported a software recall and update in 80 of its robotaxis following a crash in June.
- 09/01/2022
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Ford (F), General Motors (GM) Recall 134K+ Vehicles in US
- Ford (F) and General Motors issue recall of Lincoln Continental and some F-Series trucks, and Chevrolet Spark, respectively, over safety concerns in the U.S.
- 09/01/2022
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GM's Cruise recalls and updates self-driving software in cars following crash
- GM's autonomous vehicle unit Cruise recalled and updated software in 80 self-driving cars after a June crash in San Francisco that resulted in minor injuries.
- 09/01/2022
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GM's Cruise unit recalls and revises self-driving software after crash
- General Motors' startup unit Cruise LLC said Thursday it had recalled and updated software in 80 self-driving vehicles after a June crash in San Francisco that left two people injured.
- 09/01/2022
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7 of Cathie Wood's Favorite Stocks to Buy Now
- During the pandemic years, Cathie Wood's favorite stocks became massive wealth-builders. Her tech-heavy representative ARK Innovation ETF (NYSEARCA: ARKK ) increased in value by more than 10% in a single day.
- 09/01/2022
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GM venture begins battery cell production at new Ohio factory
- Production is underway at General Motors' new battery plant located in Warren, Ohio. The joint-venture with LG Energy Solution could help customers get federal tax credits.
- 09/01/2022
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GM venture starts producing EV battery cells at new Ohio factory
- DETROIT — General Motors said Wednesday that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.
- 08/31/2022
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GM, LG Energy joint venture Ohio battery plant begins production
- A General Motors and LG Energy Solution joint venture battery production plant in Ohio has begun production.
- 08/31/2022
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Is Most-Watched Stock General Motors Company (GM) Worth Betting on Now?
- General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/31/2022
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Warren Buffett Is Selling His Favorite Electric Vehicle Stock. Should You?
- Buffett just sold some shares of the world's largest manufacturer of electric and plug-in hybrid vehicles.
- 08/31/2022
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Auto Biggies Bet Big to Augment North America's EV Supply Chain
- GM, F, HMC, TM and STLA, among others, are fast gearing up for North American battery production to capture the growing EV market and reduce their dependence on China.
- 08/30/2022
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7 Stocks to Buy This Week
- For those looking for solid ideas regarding stocks to buy this week, Federal Reserve chair Jerome Powell provided excellent material. In his annual Jackson Hole, Wyoming, policy speech, Powell stated that higher interest rates will persist for a while.
- 08/29/2022
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The Forever Battery That Promises to Change the EV Industry
- Source: AlexKaplun / Shutterstock [Editor's note: “The Forever Battery That Promises to Change the EV Industry ” was previously published in December 2021 . It has since been updated to include the most relevant information available.
- 08/29/2022
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GM's Growth Is About More Than Just Electric Vehicles
- What do you think of America's newest defense contractor?
- 08/28/2022
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How the New EV Tax Credit Law Could Impact Automakers
- Congress's passage of the $369 billion climate and tax package enacts a new round of $7,500 tax credits for EV buyers. But a tangle of requirements will reward some automakers while penalizing others.
- 08/28/2022
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4 Warren Buffett Stocks That Can Turn $300,000 Into $1 Million by 2030
- Riding the Oracle of Omaha's coattails can be your golden ticket to becoming a millionaire.
- 08/28/2022
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3 No-Brainer Warren Buffett Stocks to Buy Right Now
- If they're good enough for the Oracle of Omaha, they might be good enough for your portfolio, too.
- 08/27/2022
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Stocks, ETFs to Benefit From California Gas Car Ban
- As California goes, so goes the automotive industry, given the size of the state's auto market. California Air Resources Board members voted on Thursday to ban sales of new gas-powered cars by 2035, which should accelerate development and sales of electric vehicles in the next decade.
- 08/26/2022
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Why Lithium Stocks Are Jumping This Week and Could Go Higher
- Lithium prices could hit record highs as end markets tighten.
- 08/26/2022
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GM to pause production one week at Mexico's Silao plant
- U.S. carmaker General Motors will suspend production for a week at its Silao plant in central Mexico over supply chain issues, the company said Friday.
- 08/26/2022
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5 Billion More Reasons to Love GM Stock
- GM's board just authorized a $5 billion share buyback plan to capitalize on the stock's beaten-down valuation.
- 08/25/2022
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How will General Motors keep buyers happy amid supply challenges?
- General Motors CEO Mary Barra weighs in on how General Motors is handling various challenges while keeping consumers happy on 'The Claman Countdown.' #FoxBusiness #theclamancountdown Subscribe to Fox Business!
- 08/25/2022
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General Motors CEO addresses self-driving Cruise robotaxi unit
- Fox Business' Liz Claman spoke to General Motors CEO Mary Barra about GM's Cruise robotaxi unit. They discussed the technology, safety of the driverless cars and we got Barra's reaction to Arm CEO Rene Haas describing his ride in a Cruise vehicle.
- 08/25/2022
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General Motors CEO Mary Barra discusses EV production and tackling supply chain challenges
- General Motors CEO Mary Barra discussed EV production, supply chain challenges and more on "The Claman Countdown."
- 08/24/2022
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7 Electric Vehicle Stocks With the Most Potential for 2023 and Beyond
- Electric vehicle stocks were arguably the most attractive investments during the bull market of 2020. With an incredible outlook ahead for the sector, the surge of their value was justified.
- 08/23/2022
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Why GM Stock Dropped Today
- Automakers are looking for ways to cut costs as they invest billions to grow electric vehicle lineups.
- 08/22/2022
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What Does the Inflation Reduction Act REALLY Mean for Taxpayers?
- Source: Shutterstock With the Inflation Reduction Act (IRA) signed into law last week, a number of political analysts have come out of the woodwork to comment on the legislation's surprise reallocation of funds and resources towards the Internal Revenue Service (IRS). The bill has significant implications for both the IRS and tax code in the United States.
- 08/22/2022
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EV Tax Credits: Big Changes For Electric Vehicle Subsidies — What You Need To Know
- EV tax credits are changing due to the Inflation Reduction Act. But which electric vehicles will qualify for subsidies due to complex rules.
- 08/22/2022
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General Motors (GM) to Reinstate Dividend Payout, Hike Buyback
- General Motors (GM) to restore dividend payment after 2 years of suspension. It also boosts share buyback program to $5 million.
- 08/22/2022
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Auto giants like BMW, GM and Toyota make drivers ‘subscribe' for basic features
- Motorists are increasingly being forced to pay tacked-on fees and even sign up for pricey subscriptions to get basic features on their cars -- and auto giants are telling investors this is only the beginning.
- 08/21/2022
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Warren Buffett More Than Tripled His Position in This Stock. Is It a Buy?
- When Buffett and Berkshire Hathaway like a stock, they are never afraid to increase their position.
- 08/21/2022
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GM Is Revving Up: A Bullish Sign for the Economy?
- Big spending plans, the reinstatement of a dividend, and an expanded share repurchase program highlight the automotive company's confidence in its future.
- 08/21/2022
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Stocks Buffett's Berkshire Hathaway (BRKB) Sold Off This Year
- This year, Warren Buffett has sold a considerable number of stocks.
- 08/20/2022
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These Are the 6 Stocks Warren Buffett Sold in the Second Quarter
- Buffett and his company Berkshire Hathaway sold $2.3 billion of its equity holdings in the second quarter of the year.
- 08/20/2022
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Citi reiterates buy rating on GM, issues $87 price target
- Yahoo Finance Live anchors Brian Sozzi and Julie Hyman discuss Citi reiterating its buy rating on GM.
- 08/19/2022
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General Motors reinstates dividend and boosts share repurchase
- General Motors Company (NYSE: GM) is in the green this morning after the legacy automaker reinstated its quarterly cash dividend and announced an upsized stock buyback programme. GM to buyback $5.0 billion worth of its stock On Friday, the car manufacturer authorised $5.
- 08/19/2022
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GM restores dividend, resumes stock buybacks
- General Motors is brining back a quarterly dividend to return capital to shareholders while also eyeing opportunistic stock purchases.
- 08/19/2022
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GM jumps after reinstating quarterly dividend and increasing share buybacks
- General Motors (NYSE: GM) will bring back dividends, initially cut during the first days of the Covid pandemic to preserve
- 08/19/2022
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GM stock surges after dividend reinstated, more than 2 years after it was suspended
- Shares of General Motors Co. GM, +0.83% surged 1.9% in premarket trading Friday, after automaker said it will reinstate the payment of a quarterly dividend, more than two years after suspending it, and resume "opportunistic" repurchases of its common stock. The new quarterly dividend of 9 cents a share will be payable Sept.
- 08/19/2022
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GM Stock Is Gaining After Reinstating the Dividend
- GM is going to pay investors 9 cents a quarter. The company is buying back shares as well.
- 08/19/2022
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GM restores quarterly dividend after more than two years
- General Motors Co said on Friday it will reinstate quarterly dividend payouts after suspending it over two years ago when the COVID-19 pandemic first struck.
- 08/19/2022
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GM to reinstate quarterly dividend and increase share buyback program to $5 billion
- GM is reinstating a quarterly cash dividend for shareholders and increasing the size of its opportunistic share repurchases to $5 billion of common stock.
- 08/19/2022
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GM, LG Energy Solution looking at Indiana for battery plant
- General Motors and LG Energy Solutions are developing plans to build a fourth U.S. battery plant potentially in New Carlisle, Indiana.
- 08/19/2022
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GM, LG Energy Solution considering Indiana for fourth U.S. battery plant
- General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said on Thursday.
- 08/18/2022
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3 Long-Term EV Plays to Reap Benefits From the Climate Bill
- Read on to know the various provisions under the new climate bill. While there might be certain limitations in the new legislation, a few companies like TSLA, GM and F look poised to benefit from the IRA.
- 08/18/2022
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General Motors (GM) Recalls 484K+ SUVs Over Seat Belt Hitch
- General Motors (GM) issues a recall for more than 484K SUVs in the United States on the grounds of malfunctioning seat belts that might fail to protect third-row passengers in the event of a crash.
- 08/17/2022
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Warren Buffett Finally Throws In The Towel On 4 Lousy Stocks
- Warren Buffett likes to say his favorite holding period for an S&P 500 stock is forever. But that's definitely not always the case.
- 08/17/2022
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What's Next For General Motors Stock?
- General Motors stock has rallied by almost 20% over the last month (about 21 trading days) and also remains up by about 5% over the last week.
- 08/17/2022
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GM is recalling hundreds of thousands of vehicles because of a seat belt problem
- GM is recalling hundreds of thousands of vehicles because of a problem with third-row seatbelts.
- 08/16/2022
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GM recalls 484,000 Chevy, Cadillac and GMC SUVs over third-row seat belt glitch
- The recall covers Chevrolet Suburbans and Tahoes, Cadillac Escalades and GMC Yukons from the 2021 and 2022 model years.
- 08/16/2022
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How Did Mixed Q2 Earnings Fare For Auto ETF?
- The automobile sector came up with mixed results this reporting season but outlook is upbeat.
- 08/16/2022
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4 Lithium Stocks in Focus on High Demand & Clean Energy Drive
- The biggest beneficiary of the shift toward EVs would be lithium stocks Livent Corporation (LTHM), Lithium Americas Corp. (LAC), Albemarle Corp. (ALB) and Piedmont Lithium Inc. (PLL).
- 08/16/2022
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Warren Buffett Ramps Up Occidental and Apple Stakes, Dumps Verizon
- Warren Buffett (Trades, Portfolio)'s multibillion-dollar conglomerate, Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial), disclosed its equity portfolio for the second quarter of 2022 on Monday.
- 08/15/2022
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Berkshire Hathaway Bought Apple, Chevron Stock, Sold GM, Verizon
- Berkshire Hathaway's purchases were modest in the quarter relative to heavy buying in first quarter.
- 08/15/2022
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Berkshire Hathaway Bought Apple, Chevron Stock, Sold GM, Verizon in Q2
- Berkshire Hathaway's purchases were modest in the quarter relative to heavy buying in first quarter.
- 08/15/2022
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Here are the EV winners and losers from the Inflation Reduction Act
- CNBC's Phil Lebeau reports on electric vehicle-related companies set to feel the impact of the Inflation Reduction Act.
- 08/15/2022
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GM's flexible electric vehicle platform is looking promising for the masses
- New product announcements trickling out of General Motors GM, +2.65% show that its much-hyped Ultium EV architecture is starting to come into its own. We hear a lot of hype about supposedly revolutionary new electric vehicles from all over the industry.
- 08/15/2022
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3 Warren Buffett Stocks That Are Dirt Cheap: Are They Buys?
- Two of the three appear to be promising, depending on your investment horizon.
- 08/13/2022
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Automakers Ford and GM See Strong Demand, Strong Pricing
- Demand remains strong for automakers, with supply constraints preventing inventory buildup and supporting strong pricing.
- 08/12/2022
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Volcon CEO: Off-road EVs with GM components ‘close to being in a sold out position'
- Volcon CEO Jordan Davis joins Yahoo Finance Live anchors Brad Smith and Brian Sozzi to discuss earnings, the company's deal with GM to secure EV components, off-road EVs, and the outlook for the EV space.
- 08/12/2022
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Volcon ($VLCN) and General Motors ($GM) Partner To Power UTV's With Electric Propulsion Systems
- Volcon ($VLCN), the first all-electric off-road powersports company, has announced that it will power all of its off-road utility terrain vehicles with General Motors' proven and tested electric propulsion systems. This includes the Company's flagship UTV, the Volcon Stag, which was revealed to the public in July.
- 08/12/2022
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A $1,500 'option' is now mandatory on GMC, Buick, and some Cadillac models
- General Motors is selling three years of OnStar service as a $1,500 "option" on all Buick and GMC vehicles, as well as on Cadillac Escalade SUVs. But this is an option you can't refuse.
- 08/11/2022
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GM Wants to Go Electric. Its New GMC Canyon Shows Gas-Powered Trucks Still Matter.
- The launch will include the new AT4X model, the AT4, and the Denali.
- 08/11/2022
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GM reveals new GMC Canyon premium midsize pickup, starting at $40,000
- GM expects to begin producing the 2023 Canyon early next year, with new AT4X off-road models beginning in spring.
- 08/11/2022
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4 Best Quantum Glass Battery Stocks to Buy Now
- One of the best strategies investors can follow is to focus on innovative companies. These can be blue-chip stocks or growth stocks.
- 08/11/2022
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Do EV Stocks Offer Good Value Currently?
- Electric vehicles may be driving toward being value investments. With the federal Inflation Reduction Act including tax credits for people buying electric vehicles as well as $60 billion for renewable energy infrastructure, more Americans could be buying electric vehicles in the years ahead.
- 08/10/2022
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Why General Motors Stock Just Put the Pedal to the Metal
- Can a cheaper electric truck help GM to beat Ford?
- 08/10/2022
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5 Undervalued Auto Stocks to Buy Before They Zoom Higher
- Along with the broad market correction, auto stocks have declined in 2022. The S&P 500 Automobile Manufacturers Sub Industry Index has corrected by more than 20% during this period.
- 08/10/2022
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Auto makers warn most electric vehicles won't qualify for federal tax credit
- DETROIT — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.
- 08/09/2022
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4 Low Price-Book Ratio Stocks
- Screening for stocks with market caps over $10 billion and price-book ratios near or below 1.5 could provide a good starting point for value investors as they seek to find opportunities among the myriad of U.S.-listed stocks. Thus, value investors may want to consider the following stocks, as they meet the above criteria and are recommended by Wall Street.
- 08/09/2022
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Everyone Will Be Paying For The New Public EV Chargers, Whether They Own An EV Or Not
- U.S. lawmakers are trying to push increased adoption for electric vehicles by boosting the number of available EV charging stations and offering tax breaks on EV purchases.
- 08/08/2022
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Chip and carmaker CEOs meet ahead of Biden signing
- The heads of chipmakers GlobalFoundries and Applied Materials and carmakers Ford Motor and General Motors Co were to meet at a closed-door summit with U.S. government officials on Monday to discuss administration plans to invest in semiconductors.
- 08/08/2022
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General Motors: Cruise Is The Differentiator, Not EVs
- Despite more clarity, question marks continue to remain over the ability of General Motors' ability to execute its EV strategy in the short-term. In the meantime, the company's robotaxi division Cruise continues to quietly grow behind the scenes.
- 08/08/2022
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Automakers say U.S. Senate bill will 'jeopardize' 2030 EV targets
- A group representing General Motors, Toyota Motor, Volkswagen and other major automakers said a $430 billion bill approved Sunday by the U.S. Senate will put achieving U.S. electric-vehicle adoption targets for 2030 in jeopardy.
- 08/07/2022
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U.S. auto trade group warns EV tax proposal would make 70% ineligible
- A group representing General Motors, Toyota Motor, Volkswagen and other major automakers warned late on Friday that a U.S. Senate Democratic proposal to revamp the $7,500 electric vehicle tax credit would make most models ineligible.
- 08/05/2022
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7 Cheap Blue-Chip Stocks to Buy Before They Rebound
- Trying to find a good bargain seems tough these days, but there are certainly opportunities for savvy investors. Looking for cheap blue-chip stocks to buy before they rebound is a smart strategy right now.
- 08/05/2022
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General Motors: Seeking Loans To Compensate For Drop In Current Cash
- GM has applied to borrow $2.25 billion via sale of unsecured notes to help finance its $35 billion investment in battery-powered and autonomous vehicles and other “green” initiatives. The automaker and Korean battery maker LG Energy Solution have applied for a $2.5 billion loan from the U.S. Department of Energy to help finance the new Ultium Cells LLC plant.
- 08/04/2022
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GM chief Mary Barra heads to White House to promote Manchin-Schumer bill
- The White House confirmed the GM CEO's visit but declined to say specifically with whom she would meet.
- 08/04/2022
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Biden to meet CEOs of GM, Carrier, Cummins on drug, tax bill
- U.S. President Joe Biden will meet Thursday with labor leaders and CEOs from General Motors, Carrier and Kaiser Permanente to discuss the economic impacts of the drug, climate and tax bill recently introduced by Democrats, a White House official said.
- 08/04/2022
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EV Stocks: the Wealth-Creators of a Recession-Proof Megatrend
- Source: petovarga / Shutterstock One of the best ways to test an investment megatrend's strength is to see how it fares during a recession. And that's why I'm growing super bullish on EV stocks right now!
- 08/04/2022
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GM is expanding its hands-free Super Cruise system to 400,000 miles of roads
- GM will soon allow drivers to use Super Cruise on more than 400,000 miles of roads in the U.S. and Canada, doubling access to its hands-free driver assistance system as it pushes to keep apace of its rivals.
- 08/03/2022
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GM doubles miles open to its Super Cruise technology
- General Motors Co said on Wednesday owners of certain vehicles equipped with its Super Cruise assisted driving system will now be able to use it on 400,000 miles (643,740 km) of North American roads, doubling the current operating area as Tesla and other automakers race to deploy hands-free cruising technology.
- 08/03/2022
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GM to expand its hands-free Super Cruise system to span 400,000 miles, including Route 66 and the Pacific Coast Highway
- GM says it will expand its Super Cruise hands-free system later this year to more than 400,000 miles of U.S. and Canadian roads.
- 08/03/2022
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GM Sales Could Drop Below 2 Million
- The auto business in America has faced unique hurdles over the last year and a half.
- 07/30/2022
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The Summer Of Extreme Weather, GM's Plans For One Million EVs And Turning Trash Into Cash
- This week's Current Climate, which every Saturday brings you the latest news about the business of sustainability.
- 07/30/2022
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Final Trades: EOG Resources, General Motors, American Express & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 07/29/2022
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Tesla, GM buyers would get EV tax credits again under Dems' climate bill
- Under a new green energy bill agreed to by Democratic Sens. Chuck Schumer and Joe Manchin, automakers like Tesla and General Motors would regain the ability to offer federal tax credits to customers who buy their electric vehicles.
- 07/28/2022
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Senate expands tax credit for EV drivers
- Yahoo Finance autos correspondent Pras Subramanian joins the Live show to detail the latest tax credit Senate passed to promote EV adoption.
- 07/28/2022
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GM Is About to Make Way More EVs. A Battery Deal Shows How.
- POSCO Chemical stock rose almost 17% after the company disclosed details of a deal with the Detroit car manufacturer.
- 07/28/2022
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3 Auto Stocks to Buy and Hold Forever
- The stock market is currently a strange place. While all equities are struggling, it has also given an opportunity to make the most of the dip in promising stocks.
- 07/28/2022
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Advantages GM Cruise Has Over Uber
- Uber is growing again in the very large ridesharing and delivery market, but it struggles to be profitable because more than 75% of the costs go to drivers. Autonomous ride services, which will replace drivers and significantly reduce costs, will displace ridesharing.
- 07/27/2022
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GM stock: Analyst with $87 price target reiterates bullish outlook
- GM stock: Analyst with $87 price target reiterates bullish outlook
- 07/27/2022
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GM Stock Is a Great Buy After Earnings
- The automaker had a tough quarter, but investors seem to be overreacting.
- 07/27/2022
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Stocks on the move after earnings: GM, GE, SHOP and UPS
- The traders look at four stocks on the move after earnings: GE, GM, SHOP and UPS. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Steve Grasso.
- 07/26/2022
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GM CEO says, 'We need more chips,' on earnings call as supply concerns weigh on auto sector
- KPMG Global Automotive Sector Leader Gary Silberg joins Yahoo Finance anchor Akiko Fujita and Brian Cheung to discuss the state of the auto industry, General Motors earnings, the impact of the chip shortage, and the outlook for technological innovation in cars.
- 07/26/2022
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General Motors Company (GM) CEO Mary Barra on Q2 2022 Results - Earnings Call Transcript
- General Motors Company (NYSE:GM ) Q2 2022 Earnings Conference Call July 26, 2022 8:30 AM ET Company Participants Ashish Kohli - Vice President, Investor Relations Mary Barra - Chair and Chief Executive Officer Paul Jacobson - Executive Vice President and Chief Financial Officer Dan Berce - President and Chief Executive Officer, GM Financial Kyle Vogt - Chief Executive Officer, Cruise Conference Call Participants Itay Michaeli - Citi John Murphy - Bank of America Rod Lache - Wolfe Research Joe Spak - RBC Capital Markets Adam Jonas - Morgan Stanley Ryan Brinkman - JPMorgan Mark Delaney - Goldman Sachs Emmanuel Rosner - Deutsche Bank Chris McNally - Evercore James Picariello - BNP Paribas Exane Colin Langan - Wells Fargo Jairam Nathan - Daiwa Operator Good morning and welcome to the General Motors Company Second Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded, Tuesday, July 26, 2022.
- 07/26/2022
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Lithium producer Livent inks long-term supply agreement with General Motors
- (Kitco News) - Livent (NYSE: LTHM) announced today a significant multi-year sourcing agreement with General Motors in which Livent will supply GM with battery-grade lithium hydroxide made primarily from lithium extracted at Livent's brine-based operations in South America.
- 07/26/2022
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US opens 5 probes into Jeep Cherokee, other vehicles over stalling issues
- Jeep Cherokee and Chrysler Pacifica plug-in hybrids are among the vehicles under investigation.
- 07/26/2022
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GM's Cruise robotaxi unit drives deeper into the red
- General Motors Co has lost nearly $5 billion since 2018 trying to build a robotaxi business in San Francisco, and now as the automaker's Cruise unit starts charging for rides, the losses are accelerating.
- 07/26/2022
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General Motors announces big EV deals following Q2 results
- General Motors Company (NYSE: GM) reported better-than-expected revenue for its second quarter on Tuesday. Shares still slipped 3.0% as profit fell shy of estimates.
- 07/26/2022
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U.S. opens new safety probes into Stellantis, GM, Ford vehicles
- The U.S. auto safety agency said Tuesday it was opening five investigations into more than 1.8 million Stellantis, Ford Motor and General Motors vehicles over stalling and other issues.
- 07/26/2022
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General Motors earnings have been ‘one stumble after another': Analyst
- Wedbush Managing Director Dan Ives joins Yahoo Finance Live to discuss General Motors earnings and Microsoft stock.
- 07/26/2022
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General Motors reports 40% drop in net income, warns of cost-cutting measures in 2Q earnings
- General Motors Company (NYSE:GM) shares fell on Tuesday after the car-maker posted mixed 2Q earnings, including a 40% drop in its quarterly net income which the company attributed to supply chain issues such as the industry-wide semiconductor shortage. For the three months ended June 30, 2022, General Motors reported a net income of $1.7 billion compared to $2.8 billion for the same quarter in 2021.
- 07/26/2022
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Livent ($LTHM) and General Motors Sign Long-Term Lithium Hydroxide Supply Agreement
- Livent and General Motors have announced a multi-year sourcing agreement in which Livent will supply GM with battery-grade lithium hydroxide made primarily from lithium extracted at Livent's brine-based operations in South America. Lithium hydroxide is crucial to GM's plans to make higher performance, higher mileage electric vehicles.
- 07/26/2022
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Why GM profits dropped 40% in the second quarter
- General Motors said Tuesday it's moving to take more control over its supply chain in response to a dismal second quarter that saw profits fall 40% year-over-year as it shifts more towards EVs. The automaker reported second-quarter net income of $1.69 billion, a 40% reduction from the $2.
- 07/26/2022
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GM earnings fall short of estimates amid supply chain challenges
- YahooFinance Yahoo Finance Live anchors discuss second-quarter earnings for GM.
- 07/26/2022
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GM bags US$2.5bn loan to build EV battery factories
- The US Energy Department is lending US$2.5bn to General Motors Company (NYSE:GM) and LG Energy Solution's joint venture Ultium Cells to build new lithium-ion battery cell manufacturing facilities. In a statement, Ultium Cells said the deal would create 5,000 jobs in the United States.
- 07/26/2022
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Demands for our vehicles remain very strong, says General Motors CFO
- CNBC's Phil LeBeau talks with General Motors CFO Paul Jacobson about the company's second-quarter earnings report that missed Wall Street's estimates.
- 07/26/2022
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General Motors Company (GM) Q2 Earnings and Revenues Lag Estimates
- General Motors Company (GM) delivered earnings and revenue surprises of -17.99% and 1.35%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/26/2022
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General Motors Strikes Deals To Ensure EV Battery Production As Q2 Falls
- General Motors Co. announced deals Tuesday aimed at ensuring it will have all the raw materials it needs to produce batteries to support its growing portfolio of electric vehicles with the intention of selling EVs exclusively by 2035.
- 07/26/2022
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GM Announces Big EV Battery Deals as It Targets Tesla
- The auto maker announces a couple of deals to secure all the battery materials it needs through mid-decade.
- 07/26/2022
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GM earnings fall as it readies for a possible recession
- Covid lockdowns in China hammered earnings at General Motors, and America's largest automaker said it is preparing for a possible recession.
- 07/26/2022
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GM sticks to full-year profit forecast, but prepares for possible slowdown
- General Motors reported earnings per share of $1.14 and expects full-year net income of $9.6 billion to $11.2 billion. It warned that there are concerns about economic conditions
- 07/26/2022
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GM Earnings Miss Estimates. Supply-Chain Issues Hit Profits.
- The auto maker reports second-quarter earnings of $1.14 a share, below analysts' estimates of $1.31.
- 07/26/2022
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GM reaffirms full-year profit forecast, but prepares for possible slowdown
- General Motors Co on Tuesday posted a quarterly profit and reaffirmed its forecast for the year, but added it was preparing for a potential slowdown.
- 07/26/2022
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GM signs agreements with suppliers, on course to reach 1 million EV capacity by 2025
- General Motors Co said on Tuesday it had signed multi-year agreements with LG Chem Ltd and Livent Corp to secure key raw materials used in manufacturing batteries for electric vehicles.
- 07/26/2022
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GM Signs Major Battery Supply Chain Deals
- General Motors announces a couple of deals to secure all the battery materials it needs through mid-decade.
- 07/26/2022
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General Motors is about to report second-quarter earnings
- Like other global automakers, GM has been working through supply-chain disruptions for the last several quarters
- 07/26/2022
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Stock Market Plunge: 3 of the Cheapest Stocks You Can Buy Right Now
- These three stand-out businesses are valued at a multiple of just four to seven times Wall Street's forecast earnings for 2023.
- 07/26/2022
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3 indicators to watch for on GM Q2 earnings day
- The auto industry's woes are far from over, but the second half of the year represents a return to planning for the future rather than responding to short-term supply chain crises. General Motors, which reports its second-quarter financial results Wednesday, is ready to roll into the third-quarter with an eye toward long-term strategy.
- 07/26/2022
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GM's South Korea unit resumes production at two factories
- General Motors Co's South Korea unit has resumed production at its two factories in the country this week following a production halt that lasted about two weeks over procurement issues, an official at GM Korea told Reuters on Tuesday.
- 07/25/2022
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GM joint venture to receive $2.5B government loan for U.S. battery plants
- The U.S. Department of Energy is reviving an old loan program and its first recipient is the joint battery venture between General Motors and LG Energy Solution. The $2.5 billion loan issued to GM and LG Energy will be used to help finance the construction of new lithium-ion battery cell manufacturing facilities.
- 07/25/2022
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US Energy Department Loans $2.5B to GM Battery Facility, Report Says
- The facilities would be located in Ohio, Tennessee and Michigan.
- 07/25/2022
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Ford, GM earnings preview: Will 2022 outlooks be intact?
- General Motors Co. and Ford Motor Co. are scheduled to report second-quarter earnings on Tuesday and Wednesday, with investors worried about their guidance for the year amid fears of a recession.
- 07/25/2022
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Exclusive: U.S. Energy Department set to loan GM battery joint venture $2.5 billion
- The U.S. Energy Department on Monday plans to announce it intends to loan a joint venture of General Motors Co and LG Energy Solution $2.5 billion to help finance construction of new lithium-ion battery cell manufacturing facilities, officials told Reuters.
- 07/25/2022
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GM is launching an online EV service to educate and woo consumers
- General Motors launched a program Monday to educate car shoppers on electric vehicles and target first-time buyers as the automaker searches for ways to catch up to and outpace rival Tesla.
- 07/25/2022
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General Motors wants to fill the 'EV knowledge gap' with a free online chat tool for all
- GM is launching "EV Live," a free online platform that connects consumers who have questions about electric vehicles with an expert who can answer them.
- 07/25/2022
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GM Wins, Tesla Loses in Latest J.D. Power Report
- The No. 1 quality car company this year is: GM.
- 07/25/2022
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GM, Ford confront Wall Street's recession fears
- General Motors Co and Ford Motor Co are about to replay a script they have played out many times before - trying to convince investors they can get through a recession without skidding into the red.
- 07/25/2022
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15 Stocks Warren Buffett Has Held for at Least 10 Years
- Patience plays a big role in the Oracle of Omaha's investing philosophy.
- 07/25/2022
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7 Most Undervalued Stocks to Buy Now
- These seven companies are all household names, and they've all got seriously undervalued stocks that you should take a closer look at. The post 7 Most Undervalued Stocks to Buy Now appeared first on InvestorPlace.
- 07/24/2022
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GM is far behind Tesla in electric vehicle sales. CEO Mary Barra has bet the company that will change
- CEO Mary Barra is betting that the electric vehicle platform GM unveiled five years ago will soon help the legacy automaker top its rivals on electric vehicles.
- 07/24/2022
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Why Wall Street Loves This New Car Option That Drivers Hate
- Consumers are resisting automakers' attempts to use in-car electronics to deliver additional services and revenue, but that is likely to change.
- 07/24/2022
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GM's Cadillac debuts luxury Celestiq electric vehicle
- This segment originally aired on July 22, 2022. Yahoo Finance's Pras Subramanian joins the Live show to break down GM's luxury electric vehicle: Celestiq.
- 07/23/2022
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Final Trades: QQQ, TDY, GM & MCD
- The final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Tim Seymour, Brian Kelly and Julie Biel.
- 07/22/2022
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Cadillac couldn't outsell BMW. Now it wants to top Rolls-Royce with the six-figure Cadillac Celestiq
- Cadillac is going back into a market segment it hasn't occupied in decades: the world of true ultra-luxury cars with huge six-figure price tags. General Motors unveiled the Cadillac Celestiq on Friday, and the company wants it to beat the best in the world.
- 07/22/2022
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Cadillac explains why Celestiq flagship EV is its most advanced vehicle in 120 years
- Cadillac unveiled Friday a buzzier version of its future flagship EV, the six-figure Celestiq sedan slated to set the direction for the brand's electrified portfolio. The show car model of the eagerly-awaited Celestiq represents the 120-year-old luxury brand's most advanced vehicle yet, the company said.
- 07/22/2022
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Here's what Cadillac's new $300,000 electric sedan will look like
- The Celestiq marks a pivot for Cadillac into hand-built vehicles, which are typically reserved for high-end sports cars and uber-luxury models.
- 07/22/2022
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Will GM Deliver An Earnings Beat?
- General Motors (NYSE:GM) is expected to publish its Q2 2022 results on Tuesday, July 26. We expect GM's revenue for the quarter to come in at about $35.8 billion, marking an increase of about 5% year-over-year.
- 07/22/2022
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Can These 3 Automakers Shift Into High Gear Post-Earnings?
- The Zacks Auto, Tires and Trucks Sector has been hit hard throughout 2022, decreasing nearly 30% in value. However, the sector has a solid 8.6% return over the last month.
- 07/21/2022
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Ford, GM Petition NHTSA to Deploy Cars Without Steering Wheels
- Both petitions are currently open for the public to submit their comments.
- 07/21/2022
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GM, Ford seek U.S. OK to deploy self-driving vehicles without steering wheels
- General Motors and Ford Motor have asked U.S. auto safety regulators to grant exemptions to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals.
- 07/20/2022
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Tesla vs GM: Deutsche Bank Picks an EV Winner
- The race for the best electric vehicle is only just taking off, but with competitors like Tesla Inc.
- 07/20/2022
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Elon Musk trolls GM for making its electric vehicles in Mexico
- Tesla CEO Elon Musk bragged that his electric cars were the "most made in the USA" on Tuesday as he hit out at rival General Motors.
- 07/20/2022
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GM's South Korea unit suspends production at two factories over procurement issues
- General Motors Co's South Korea unit has suspended production at its two factories in the country following a local supplier's refusal to supply auto parts, an official at GM Korea told Reuters on Wednesday.
- 07/20/2022
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Ford, General Motors Rally; Check These Other Big Gainers From Yesterday
- U.S. stocks closed sharply higher, with the Dow Jones gaining more than 750 points on Tuesday. Here is the list of some big stocks recording gains in the previous session.
- 07/20/2022
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GM reveals electric 2024 Chevrolet Blazer EV
- General Motors has unveiled its 2024 Chevrolet Blazer EV, the company's latest electric vehicle, which is expected to compete against Tesla's Model Y and Ford's Mustang Mach E. The new Blazer will be produced at GM's plant in Ramos Arizpe, Mexico, which recently finished a $1 billion renovation to support electric vehicles.
- 07/19/2022
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General Motors Making New EV In Mexico: Here's Elon Musk's Response
- One of the largest American automotive companies announced a new electric vehicle launch on Tuesday. The catch is that the vehicle will be made in Mexico, something not ignored by a rival CEO.
- 07/19/2022
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The Chevy Blazer EV will be GM's new mass-market electric SUV
- General Motors revealed a new electric mid-sized SUV, the Chevrolet Blazer EV, that will go on sale in about a year. Part of GM's push to go all-electric in a little over a decade, the Blazer EV will join an increasingly competitive market for electric SUVs. But its real appeal may be in just how many different ways it can be ordered, showing how car companies can exploit the flexible packaging of electric motors to meet wildly different needs.
- 07/19/2022
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General Motors Unveils Chevrolet Blazer EV: What Investors Need To Know
- Legacy Detroit automaker General Motors Company (NYSE: GM) has unveiled its latest electric vehicle model that will help the company in a transition to a deeper focus on the EV sector. What Happened: Chevrolet, a General Motors band, unveiled the 2024 Blazer EV Tuesday.
- 07/19/2022
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Ford, GM Shares Are Surging: What's Going On?
- Ford Motor Co (NYSE: F) and General Motors Co (NYSE: GM) shares are showing strength on Tuesday. Shares of several companies in the auto & auto components space are trading higher amid overall market strength as stocks rise heading into earnings season.
- 07/19/2022
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Why General Motors Stock Was Turbocharged Today
- Not one, but two encouraging pieces of news came from different corners of the giant automaker.
- 07/19/2022
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GM cut to hold as Deutsche Bank says traditional automakers will struggle to regain interest
- Deutsche Bank in a new note on the auto sector said traditional automakers could struggle to regain investor interest amid concerns about the consumer, risks to pricing, and electrification. General Motors GM, -0.76% was downgraded to hold from buy and its price target cut to $36 from $57, and Ford F, +0.67% was kept at hold and target cut to $12 from $17.
- 07/19/2022
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General Motors to produce 2024 Chevrolet Blazer EV at Ramos Arizpe in Mexico
- General Motors said on Monday that it will build the 2024 Chevrolet Blazer EV, an electric vehicle, at a plant in the northern Mexican city of Ramos Arizpe.
- 07/18/2022
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GM reveals electric Chevrolet Blazer priced starting at $45,000
- The 2024 Blazer EV is expected to arrive in showrooms beginning next summer, with starting pricing between about $45,000 and $66,000.
- 07/18/2022
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Chevrolet Blazer EV Coming In Summer 2023 To Challenge Mach-E, Model Y And Bad Guys
- The midsize Chevrolet Blazer EV performance crossover arrives in summer 2023 with front, rear or all-wheel drive options and up 320 miles of range
- 07/18/2022
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GM CEO Mary Barra says headquarters will stay in downtown Detroit
- NEW YORK — General Motors will keep its headquarters in its seven-building office tower complex in downtown Detroit, its CEO says.
- 07/18/2022
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GM stock gets a downgrade amid worries about a recession
- Analysts at Deutsche Bank soured on General Motors Co., saying in a note Monday they have turned “much more cautious” about auto makers on growing worries about a recession in the U.S. and Europe, and that GM stands to lose the most from ensuing price pressures on vehicles.
- 07/18/2022
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GM Stock Gets Downgraded Ahead of Earnings
- Deutsche Bank analyst Emmanuel Rosner downgraded it to Hold from Buy. His price target went to $36 from $57.
- 07/18/2022
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3 Stocks the World's Smartest Investors Are Selling
- Multibillionaire investors are buying stocks at a discount. But they're selling some, too.
- 07/16/2022
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General Motors (GM), EVgo, Pilot Co. Tie Up for EV Charging in US
- General Motors (GM), EVgo and Pilot Co. team up to bolster and widen the EV charging network in the US. They plan to install 2K chargers along highways to mitigate charging concerns.
- 07/15/2022
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General Motors is handling production issues on a 'weekly basis,' CEO Mary Barra says
- CNBC's Jim Cramer spoke with General Motors' CEO Mary Barra on Thursday's episode of "Mad Money."
- 07/14/2022
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General Motors is handling production issues on a ‘weekly basis,' CEO Mary Barra says
- "This will go into '23.
- 07/14/2022
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Morgan Stanley cuts Tesla stock rating, Ford and GM downgraded
- Yahoo Finance's Pras Subramanian discusses a Morgan Stanley analyst note that was bearish on the auto sector but more optimistic about Ford and General Motors, plus an overview of the auto market and EV charging network.
- 07/14/2022
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What To Watch When Amazon, Advanced Micro Devices, General Motors Break From This Pattern
- Amazon, Inc (NASDAQ: AMZN), Advanced Micro Devices, Inc (NASDAQ: AMD) and General Motors Company (NYSE: GM) were all settling into inside bar patterns on Thursday on lower-than-average volume. An inside bar pattern indicates a period of consolidation and is usually followed by a continuation move.
- 07/14/2022
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Why EVgo Shares Are Rising After Collaboration Update With GM
- EVgo Inc (NASDAQ: EVGO) shares are trading higher by 9.59% to $6.98 Thursday afternoon after the company announced the EVgo eXtend project will deploy 2,000 charging stalls at Pilot and Flying J locations across the country in collaboration with General Motors Company (NYSE: GM) and Pilot Company.
- 07/14/2022
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Republican AG group holds private retreat for corporate donors at swanky Palm Beach resort
- CNBC obtained a list of nearly 20 corporations and trade groups that RSVP'd to attend a swanky, three-day retreat at the Breakers resort starting Sunday.
- 07/14/2022
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Concerns over recession hit auto stocks
- Morgan Stanley analyst Adam Jonas cuts hit price targets for the automakers. With CNBC's Scott Wapner and the 'Halftime Report' investment committee, Jenny Harrington, Josh Brown, Stephen Weiss and Jim Lebenthal.
- 07/14/2022
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GM and EVgo to build fast-chargers at Pilot Flying J gas stations
- General Motors is teaming up with Pilot Flying J to build a national fast-charge network for EVs. The partnership between GM and Pilot will help accelerate EV sales by filling in gaps along the charging infrastructure.
- 07/14/2022
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GM, EVgo and Pilot collaborate on building out EV fast-charging network
- General Motors Co. GM, +0.60% announced Thursday a collaboration with Pilot Travel Centers LLC to build out a nationwide elective vehicle (EV) fast-charging network of 2,000 charging stalls. The automaker said the network will be installed, operated and maintained by EVgo Inc. EVGO, +0.95%.
- 07/14/2022
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GM, travel operator Pilot to develop EV charging network
- General Motors Co and travel operator Pilot said Thursday they will develop a national network of 2,000 electric vehicle charging stalls at travel centers to make it easier to recharge near highways.
- 07/14/2022
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General Motors will build a network of EV fast chargers at Pilot travel centers along U.S. highways
- GM and EVgo will install EV fast chargers at 500 Pilot and Flying J locations along US highways, enabling coast-to-coast travel.
- 07/14/2022
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EV Update: Toyota Reaches Tax Credit Phaseout, GM Refunds Bolt Price Cuts To Current Owners
- Plus, sales and prices are surging to electrifying levels.
- 07/14/2022
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The 4 Best Automotive Stocks to Buy Now in July 2022
- The U.S. automotive sector has many strong, positive catalysts. Here are the four best automotive stocks to buy now.
- 07/13/2022
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Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
- General Motors Company (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 07/12/2022
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7 Overlooked Blue-Chip Stocks to Add to Your Buy List
- With investors seeking viable ideas during this strange time, overlooked blue-chip stocks to buy could offer stable contrarian upside. The post 7 Overlooked Blue-Chip Stocks to Add to Your Buy List appeared first on InvestorPlace.
- 07/11/2022
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Auto dealerships are facing a shortage of technicians to fix cars. Here's why
- Auto dealerships, like many industries, are feeling the effects of what some have termed the Great Resignation, in which workers are quitting at steep rates.
- 07/09/2022
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Cruise Robotaxis Keep Stalling On SF Streets, How Upset Should We Be?
- Why is Cruise suffering fleet shutdowns and what can they do better? If nobody is getting hurt, how much should these hiccups be tolerated?
- 07/08/2022
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U.S. safety regulators to probe crash involving self-driving car from GM-backed Cruise
- Federal vehicle safety regulators will investigate a crash last month in which a vehicle struck a self-driving car from General Motors-backed Cruise.
- 07/07/2022
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U.S. agency probing Cruise crash in California
- The National Highway Traffic Safety Administration has opened a special investigation into a recent crash of a Cruise vehicle in California that resulted in minor injuries, the agency said on Thursday.
- 07/07/2022
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GM vehicle sales in China drop 35.5% year over year
- Yahoo Finance's Pras Subramanian discusses China sales for GM brands including Chevrolet and Buick as well as the outlook for its EV and hybrid sales.
- 07/07/2022
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US Auto Sales Continue Downhill Ride: Will 2H22 Be Any Better?
- After a difficult Q1, auto sales slump again during April-June 2022 as parts shortage hobbles output. Cox Automotive lowers full-year US new-vehicle sales forecast amid inventory challenges.
- 07/07/2022
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GM's Sales in China Plummet. The One Bright Spot is EVs.
- The company delivered about 484,000 vehicles in the second quarter, down 35.5% from the same period a year earlier.
- 07/07/2022
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Dethrone Tesla? One Car Maker With a Shot.
- Bank of America analyst John Murphy published his annual "Car Wars" report that looks at the state of vehicle lineups for major automakers.
- 07/07/2022
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GM, Ford Shares Near New 52-Week Lows: Why UBS Is Concerned About Legacy Automakers
- As consumer spending and pricing power decrease, the automotive industry continues to struggle. In another blow to the sector, UBS Group AG (NYSE: UBS) lowered its 2023-24 earnings per share expectations Wednesday for General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F).
- 07/06/2022
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GM reports worst sales in China since onset of Covid-19 lockdows
- The Detroit automaker said it only sold 484,200 vehicles during the second quarter in China, its largest market globally.
- 07/06/2022
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General Motors: Looks Quite Undervalued Due To Recession Fears
- The market seems to have priced in a recession already. Meanwhile GM isn't yet seeing this reflected in demand.
- 07/06/2022
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General Motors Is Catching Up To Tesla
- Though TSLA had taken the auto industry by storm in the past few years, GM, as one of the legacy automakers, has not slacked off either as a Dinosaur. GM will release 17 new EVs through 2026, including some of its much-loved ICE models, with TSLA yet to produce its Cybertruck.
- 07/06/2022
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General Motors' (GM) Q2 Sales Down Y-O-Y, Market Share Up
- General Motors (GM) witnesses a year-over-year fall of 15% in sales for the second quarter of 2022 amid production challenges.
- 07/05/2022
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Why General Motors Stock Is Sliding
- General Motors Co (NYSE: GM) shares are trading lower Tuesday. On Monday, the company reported second-quarter deliveries that were down year-over-year.
- 07/05/2022
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My Top 2 EV Stocks To Hold This Week
- There has been a rush from investors to support EV stocks.
- 07/03/2022
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1 Beaten-Down Stock to Buy in July
- The top U.S. automaker just reaffirmed its guidance for 2022, but its share price has fallen by 45% this year.
- 07/03/2022
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The 5 Best Car Stocks for the Second Half
- Car stocks had a tough second quarter, falling more than the market. Several look attractive now, based on analyst price targets.
- 07/03/2022
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GM Has 95,000 Cars To Sell, But It Can't
- The car industry supply chain problem has been brutal for manufacturers, dealers, and buyers over the course of the last year.
- 07/02/2022
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GM Quarterly Sales Fall Amid Shortage in Computer Chips and Other Parts
- General Motors, Toyota and Honda reported substantial declines in second-quarter sales, but not for lack of demand.
- 07/01/2022
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Double Digits: General Motors Is Making Only This Many Hummer EVs Per Day
- One of the largest traditional automotive companies has put forth a plan to increase its position in the electric vehicle industry, something that has drawn praise from President Joe Biden. The company was criticized by Elon Musk for the low number of electric vehicles it produces, which could be.
- 07/01/2022
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Self-driving cars from GM's Cruise block San Francisco intersection in latest problem for autonomous vehicles
- At least seven Cruise vehicles blocked traffic by clustering an intersection starting late Tuesday night, blocking traffic.
- 07/01/2022
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Demand is outstripping supply so we have low inventory levels, says Group 1 Automotive CEO
- Earl Hesterberg, Group 1 Automotive CEO, joins 'Power Lunch' to discuss the state of inventories in the autos market, what happens to cars that only need semiconductors before completion and where automotive prices from here.
- 07/01/2022
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GM supply chain disruptions hit Q2 US vehicle sales
- GM expects total net income for the quarter in the range of $1.6 billion and $1.9 billion and adjusted earnings in the range of $2.3 billion and $2.6 billion.
- 07/01/2022
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GM Q2 sales drop 15%, adding to auto maker's ‘timing' woes
- General Motors Co. said Friday its second-quarter sales fell 15% from a year ago thanks to supply and production problems that also led the auto maker to dial down quarterly sales and profit.
- 07/01/2022
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GM Stock Halted as General Motors Issues Earnings Warning
- Due to a disclosure about inventory-related issues, trading ceased briefly on GM stock. However, the company has the situation under control.
- 07/01/2022
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Here is What to Know Beyond Why General Motors Company (GM) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
- 07/01/2022
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GM's quarterly sales fall but show improvement from beginning of year
- The company's U.S. vehicle sales were down about 15% in the second quarter from a year ago as the automaker continues to battle supply chain issues, but showed improvement from earlier in the year.
- 07/01/2022
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General Motors reports roughly 95,000 vehicles made without certain components
- CNBC's Phil LeBeau and Joanne Feeney, partner and portfolio manager at Advisors Capital Management, join 'Squawk Box' to discuss General Motors' reaffirmed full-year forecast.
- 07/01/2022
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GM warns of manufacturing issues in second quarter but stands by forecast for the year
- The forecasts were part of a filing by the automaker disclosing that it has about 95,000 vehicles in its inventory that were manufactured without certain components as of June 30.s.
- 07/01/2022
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GM issues earnings warning citing supply chain disruptions, stock halted for news
- General Motors Co. GM, -5.05% warned Friday of a second-quarter earnings shortfall, as vehicle wholesale volumes were hurt by the timing of semiconductor shipments and other supply chain disruptions. The automaker's stock was down 0.3% prior to a trading halt for news.
- 07/01/2022
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GM has nearly 100,000 vehicles parked at its facilities without some parts
- General Motors Co said on Friday it had about 95,000 vehicles in its inventory that were manufactured without certain parts.
- 07/01/2022
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GM is making just 12 electric Hummers a day at its Detroit factory despite a waiting list of 77,000 buyers, report says
- Consultants say the pace is unusually slow given that production for the vehicle began more than six months ago, The Wall Street Journal reported.
- 07/01/2022
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GM in driver's seat as Toyota stumbles on chip shortages
- General Motors Co is poised to outsell Japan's Toyota Motor Corp in the second quarter, even as sales at major automakers in the United States are set to drop as inventory shortages persist, industry analysts say.
- 07/01/2022
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3 Warren Buffett Stocks to Buy Hand Over Fist in July
- Riding the Oracle of Omaha's coattails is a proven moneymaking strategy.
- 07/01/2022
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GM calls off plan to sell India car plant to China's Great Wall
- General Motors (GM) said on Friday it had called off the sale of a shuttered Indian plant to China's Great Wall Motor after they failed to obtain regulatory approvals, amid a tougher stance by New Delhi towards investments from Beijing.
- 06/30/2022
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Cruise robotaxis blocked traffic for hours on this San Francisco street
- More than a half dozen Cruise robotaxis stopped operating and sat in a street in San Francisco late Tuesday night, blocking traffic for a couple of hours until employees arrived and manually moved the autonomous vehicles. Photos and a description of the Cruise robotaxi blockade were shared to a Reddit post on a subreddit about […]
- 06/30/2022
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Why General Motors Stock Sank Today
- The economy's in a funk, and GM workers aren't entirely happy, either.
- 06/30/2022
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Pair Trade: Short Tesla, Long GM And A Call Option On EV Growth
- Valued at more than the world's top eight automotive companies combined, Tesla's valuation manifests as an unusually elevated level of asymmetric risk potential. Global industrywide unit sales are in a well-established stagnation trend. With lackluster unit growth potential, competition for EV growth is set to become fierce.
- 06/30/2022
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This Copper Stock Could Be a Great Way to Invest in EVs
- Freeport-McMoRan could benefit from increased copper demand due to the metal's high usage in EVs. The company is expanding its copper capacity to take advantage of the trend.
- 06/30/2022
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7 Beaten-Down S&P 500 Stocks to Buy Before They Rebound
- With the market becoming more convinced that a "soft landing" is in the cards, there are many good, beaten-down S&P 500 stocks to buy. The post 7 Beaten-Down S&P 500 Stocks to Buy Before They Rebound appeared first on InvestorPlace.
- 06/30/2022
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How GM Plans to Make a Profit on Electric Cars
- General Motors has committed $35 billion to transition to electric and autonomous vehicles by 2025. On Bloomberg Chief Future Officer, CFO Paul Jacobson brings David Westin to the company's battery testing laboratory and shows him the new Hummer EV.
- 06/29/2022
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J.D. Power US IQS Report Out: Vehicle Quality Hits Record Low
- Per the 2022 J.D. Power quality scorecard, General Motors (GM) grabs the top spot among the automakers with a total of nine awards.
- 06/29/2022
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China's Baidu races Waymo, GM to develop self-driving cars
- BEIJING — With no one at the wheel, a self-driving taxi developed by tech giant Baidu Inc. is rolling down a Beijing street when its sensors spot the corner of a delivery cart jutting into its lane.
- 06/28/2022
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7 Cheap Retirement Stocks to Buy Right Now
- With the volatile markets providing steep discounts across the board, long-term buyers should consider these cheap retirement stocks. The post 7 Cheap Retirement Stocks to Buy Right Now appeared first on InvestorPlace.
- 06/28/2022
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The Forever Battery That Promises to Change the EV Industry
- Over the next few years, forever battery technology will transform the EV industry -- and, indeed, the entire electronics world. The post The Forever Battery That Promises to Change the EV Industry appeared first on InvestorPlace.
- 06/28/2022
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The electric Cadillac Lyriq is the company's best SUV yet
- General Motors has said that Cadillac, its luxury brand, will lead the automaker into the electric future. It will be the first GM brand to go all-electric and its first EV model is the Cadillac Lyriq, a crossover SUV that's one of the best Cadillacs I've driven in a long time.
- 06/28/2022
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Cadillac Off To A Strong EV Start With 2023 Lyriq
- Cadillac says it has launched its final new internal combustion models. From now on it's going electric starting with the stunning new 2023 Lyriq crossover.
- 06/28/2022
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How Cadillac plans to use its $300,000 Celestiq EV to rebuild the brand
- The Cadillac Celestiq, the brand's halo EV set to debut during Monterey Car Week in August, will reportedly start around $300,000, pushing it well above the top variants from other luxury EVs, including the Lucid Air Dream Edition, Porsche Taycan Turbo S and Tesla Model X Plaid. While Cadillac would not confirm the eye-popping price […]
- 06/27/2022
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7 Blue-Chip Stocks to Avoid in a Bear Market
- These stocks do not live up to their blue-chip name, as inflation, higher interest rate, and recessionary risks rise. The post 7 Blue-Chip Stocks to Avoid in a Bear Market appeared first on InvestorPlace.
- 06/24/2022
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Cadillac's new electric luxury sedan might cost $300,000
- Cadillac is aiming to reclaim the mantle of “Standard of the World” as it transforms into an all-electric car brand, and it looks like that means competing with the high-end automakers on both luxury and price. Coming off the launch of its Lyriq SUV, which is already sold out for 2023 thanks in part to a.
- 06/24/2022
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Cruise's driverless autonomous cars start giving rides to paying passengers
- The era of commercial autonomous robotaxi service is here — Cruise officially became the first company to offer faired rides to the general public in a major city as of late Wednesday. The milestone comes after Cruise received official approval from the California Public Utilities Commission in early June to operate driverless in a commercial […]
- 06/24/2022
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GM's Cadillac plans to price future electric sedan at about $300,000: Wall Street Journal
- General Motors' Cadillac is planning to price a future electric sedan at about $300,000, the Wall Street Journal reported Friday, citing people familiar with the matter. The car, named the Celestiq, is expected to be revealed this summer in prototype form as Cadillac's premier offering.
- 06/24/2022
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Top 10 Bargain Stocks to Buy Right Now
- These stocks are all down by 50% or more from their highs and could be great long-term investments.
- 06/24/2022
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Cruise CEO on launching driverless taxi service in San Fransisco
- Cruise CEO Kyle Vogt joins CNBC's 'Squawk Box' to discuss the prospect of the driverless ridesharing industry after General Motors' majority-owned autonomous vehicle unit launched its service for the first time in San Francisco on June 22.
- 06/23/2022
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GM's Cruise starts charging fares for driverless rides in San Francisco
- General Motors Co's Cruise has started charging fares for driverless rides in San Francisco, the company said on Thursday, a step towards commercialization of the service.
- 06/23/2022
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GM is latest to join the race to streamline EV charging
- General Motors said Wednesday it will join a growing list of automakers focused on streamlining the EV charging process by equipping its models with Plug and Charge capability. Though Plug and Charge technology has been available since 2014, the industry has been slow to agree on standards to authenticate payment, as well as the hardware […]
- 06/23/2022
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7 Auto Stocks to Buy and Hold Forever
- Supply chains disruptions hit the car market hard, which opens the door to finding good auto stocks to buy for the long term. The post 7 Auto Stocks to Buy and Hold Forever appeared first on InvestorPlace.
- 06/22/2022
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General Motors Investment Could Bring In Instant Inspection Stations To Dealerships
- General Motors Co. dealers will have the opportunity to install automated drive-through inspection stations under a deal announced Wednesday between the automaker and Israeli technology company UVeye.
- 06/22/2022
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General Motors' (GM) BrightDrop Supplies 150 E-Vans to FedEx
- General Motors' (GM) tech startup BrightDrop delivers the first e-delivery vehicles to FedEx. GM will suspend production of its Hummer EV unit in Michigan for four weeks due to re-modeling work.
- 06/22/2022
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Auto industry CEOs urge Congress to quickly pass chips funding
- Major automakers and industry suppliers on Wednesday urged Congress to move quickly to pass $52 billion in subsidies for U.S. semiconductor production, according to a letter seen by Reuters.
- 06/22/2022
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GM delivers 150 electric vans to FedEx
- General Motors' electric delivery van subsidiary, BrightDrop, has delivered 150 vans to FedEx, the companies announced Tuesday. This comes after five of the vans were delivered to FedEx last December and it marks BrightDrop's first sizable delivery of vans.
- 06/21/2022
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Detroit Three automakers to make masking optional at U.S. plants
- General Motors Co, Ford Motor Co and Chrysler parent Stellantis NV said on Tuesday they are making masking optional at all U.S. facilities.
- 06/21/2022
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FedEx receives first 150 electric delivery vehicles from GM's BrightDrop
- FedEx Corp. FDX, +2.04% said Tuesday it has received the first 150 electric delivery vehicles from GM GM, +1.46% unit BrightDrop, marking a milestone on the path to transforming its service fleet to an all-electric, zero-tailpipe emissions one by 2040. The first BrightDrop Zevo 600s were delivered to FedEx Express in Southern California, the company said.
- 06/21/2022
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How GM, Ford and Tesla are tackling the national EV charging challenge
- There are not nearly enough electric vehicle charging stations today. GM, Ford and Tesla are taking a variety of approaches to the problem.
- 06/20/2022
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How GM Is Going All In On Electrification | CNBC Marathon
- CNBC Marathon revisits General Motors' shift into the electric vehicle market. GM is one of the largest automakers in the world with a range of models falling under its four brands, Chevy, Buick, Cadillac, and GMC.
- 06/19/2022
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Inflation and recession fears are squeezing some industries more than others
- Inflation has been pushing prices higher, and shoppers are feeling the pressure as they pay more for goods like groceries and gas.
- 06/19/2022
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GM hikes Hummer EV price by over $6,000 as commodity, shipping costs rise
- General Motors Co on Friday raised the price of its Hummer EV pickup truck by $6,250 as it seeks to mitigate higher commodity and shipping costs amid high demand for cars and trucks.
- 06/17/2022
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Why General Motors Stock Hit the Brakes Today
- Rising rates and comments made by GM's management spooked investors.
- 06/16/2022
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Here's Why General Motors Stock Looks Set To Drop Further
- General Motors Company (NYSE: GM) was plunging about 8% lower on Thursday after two bullish days caused the stock to rise almost 5%. The decline on Thursday a reaction to a bear flag that General Motors had settled into on the daily chart.
- 06/16/2022
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Tesla raises EV prices, Ford and GM prepare for economic slowdown
- Yahoo Finance anchors Julie Hyman, Brad Smith and Brian Sozzi discuss Tesla's latest slate of price increases as well as automakers Ford and GM signaling that they're preparing for an economic downturn amid inflation and high gas prices.
- 06/16/2022
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7 Cathie Wood Stocks That Could Make You Rich in the Long Term
- These Cathie Wood Stocks offers phenomenal massive upside potential over the long-term for patient investors. The post 7 Cathie Wood Stocks That Could Make You Rich in the Long Term appeared first on InvestorPlace.
- 06/16/2022
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7 Value Stocks Everyone Is Ignoring but Shouldn't
- Value stocks are in right now, but somehow these shares continue to get the cold shoulder. Ignore them at the expense of future returns.
- 06/16/2022
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GM to invest $81M in hand-building Cadillac Celestiq EV
- General Motors is investing more than $81 million to build the Cadillac Celestiq, the luxury electric hatchback, at the company's Global Technical Center, the heart of the automaker's engineering and design efforts. The funds will be used to purchase and install related equipment to hand-build the Celestiq at the Warren, Michigan location, the automaker said […]
- 06/15/2022
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General Motors Company (GM) Management presents at Deutsche Bank Global Auto Industry Conference 2022 (Transcript)
- General Motors Company (NYSE:GM ) Deutsche Bank Global Auto Industry Conference 2022 June 15, 2022 11:55 AM ET Company Participants Paul Jacobson - EVP & CFO Conference Call Participants Emmanuel Rosner - Deutsche Bank Emmanuel Rosner All the electric vehicles we have in front of the building, GM was kind enough to bring down the Hummer; the Cadillac Cleric, which has obviously not been released yet, and you may actually be able to drive it before the sell side even get to; and you also have the Bolt EUV down. So if you'd like to add any of this to your schedule -- meeting schedule, they're here for the rest of the day and available for ride [ph].
- 06/15/2022
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GM invests $81 million to build Cadillac Celestiq EV flagship in Michigan
- General Motors will invest $81 million to build its future Cadillac Celestiq electric flagship sedan at GM's Warren Technical Center, the company said on Wednesday.
- 06/15/2022
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GM investing $81M to hand build ultra-exclusive Cadillac Celestiq electric cars
- The decision marks the first time GM will build a vehicle for commercial sales at its massive tech campus in Warren, Michigan.
- 06/15/2022
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GM, Ford executives say U.S. vehicle demand stays strong
- Top executives of General Motors Co and Ford Motor Co said on Wednesday U.S. consumer demand for cars and trucks remains strong, despite rising interest rates and record high gas prices.
- 06/15/2022
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General Motors Company (GM) 2022 Annual Meeting of Shareholders (Transcript)
- General Motors Company (NYSE:GM ) 2022 Annual Meeting of Shareholders June 13, 2022 2:00 PM ET Company Participants Mary Barra - Chair and Chief Executive Officer Jim Glynn - Vice President, Global Workplace Safety Aneel Bhusri - Chairman, Co-Founder and Co-CEO of Workday Wes Bush - Retired Chairman of Northrop Grumman Corporation Linda Gooden - Retired Executive Vice President of Lockheed Martin Corporation Joe Jimenez - Retired CEO, Novartis AG Judy Miscik - CEO and Vice Chair of Kissinger Associates Pat Russo - Chairman Hewlett Packard Enterprise Company Tom Schoewe - Retired Executive Vice President and CFO Wal-Mart Carol Stephenson - Retired Dean Ivy Business School, The University of Western Ontario Mark Tatum - Deputy Commissioner and Chief Operating Officer of NBA Devin Wenig - Former President and CEO of eBay Meg Whitman - Retired President and CEO of Hewlett Packard Enterprise Peter Descovich - Broadridge Financial Solutions, Inspector of Elections Craig Glidden - Executive Vice President, General Counsel and Corporate Secretary John Chevedden - Common Shareholder John Lauve - Common Shareholder Paul Chesser - Director of Corporate Integrity Project for National Legal and Policy Center Conference Call Participants Timothy Smith - Boston Trust Walden Mary Barra Good morning, good afternoon and good evening. And welcome to General Motors 2022 Annual Meeting of Shareholders.
- 06/15/2022
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3 Underrated Warren Buffett Stocks That Are Smart Buys Right Now
- They're still in the Berkshire Hathaway portfolio for a reason.
- 06/15/2022
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Here Are All 16 Stocks Warren Buffett Has Bought Since 2022 Began
- The Oracle of Omaha has put more than $50 billion to work this year.
- 06/15/2022
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General Motors Unveiling Blazer EV: Here's What Investors Should Know And The Vehicle's Premiere Date
- One of the largest automotive companies in the world is set to unveil another highly anticipated electric vehicles later this year, a take on a classic well-known brand from the company. What Happened: Chevrolet, a brand owned by General Motors Company (NYSE: GM), will unveil its 2024 Chevrolet.
- 06/14/2022
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Auto Biggies Call for Removal of Federal EV Tax Credit Cap
- CEOs of Ford (F), General Motors (GM), Toyota (TM) and Stellantis (STLA) request the Congress to lift the EV tax credit cap until the e-mobility market gets mature.
- 06/14/2022
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3 Stocks With High Earnings Yields
- Looking for stocks whose earnings returns are more than double the monthly spot rate of 20-year high-quality market corporate bonds could provide more opportunities to discover high-return investments. The investment-grade bonds represent corporate loans issued by triple-A, double-A and single-A rated companies.
- 06/14/2022
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GM stock falls below IPO price as automakers struggle with supply chains
- Yahoo Finance Live anchors Brad Smith, Julie Hyman and Brian Sozzi discuss the impact of supply chain issues on the auto industry.
- 06/14/2022
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Cars Are Going Electric—No Matter What, GM and Ford Show
- GM will unveil its all-electric Chevy Blazer in July. Meanwhile, Ford is declining to partake in litigation against the California Air Resource Board.
- 06/14/2022
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GM and Ford Show That Whatever the Obstacles the Car Biz Is Going Electric
- GM will unveil its all-electric Chevy Blazer in July. Meanwhile, Ford is declining to partake in litigation against the California Air Resource Board.
- 06/14/2022
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Automotive CEOs: Congress Controls a Key Catalyst for EV Stocks
- Automotive CEOs from four major EV stocks have penned a letter to Congress, asking them to extend the limit for electric vehicle credits. The post Automotive CEOs: Congress Controls a Key Catalyst for EV Stocks appeared first on InvestorPlace.
- 06/13/2022
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GM's stock closes below IPO price for first time since October 2020
- GM's stock closing below the $33 a share IPO price from November 2010 occurred hours after the company's annual shareholder meeting.
- 06/13/2022
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GM CEO says 'we are selling every truck we can build'
- General Motors Co Chief Executive Mary Barra said on Monday the automaker is "selling every truck we can build" and expanding North American truck-building capacity, even as U.S. gasoline prices hit record highs.
- 06/13/2022
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Why General Motors Stock Fell Today
- GM investors are concerned about record inflation.
- 06/13/2022
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CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap
- The executives say the tax credit is critical to keep the vehicles affordable as production and commodity costs rise.
- 06/13/2022
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General Motors set to update investors on electric-vehicle business at annual meeting
- General Motors CEO Mary Barra is set to brief investors on whether the billions of dollars the company has invested in electric vehicles is going to pay off. CNBC's Phil LeBeau joins 'Squawk Box' with the details.
- 06/13/2022
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GM and Lockheed are expanding their moon buggy into a whole lunar lineup
- General Motors and Lockheed announced last year they were teaming up to work on a new lunar rover that would carry astronauts and their gear on the moon. Now the companies say they could develop a whole lineup of vehicles for work on the moon and that these could be available to commercial space companies, not just NASA.
- 06/10/2022
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5 Warren Buffett Stocks Insiders Have Loaded Up On
- According to current portfolio statistics, a Premium feature of GuruFocus, five stocks in Warren Buffett (Trades, Portfolio)'s first-quarter 13F equity portfolio with multiple insider buy transactions during the past six months include Liberty Latin America Ltd. ( LILA , Financial), General Motors Co. ( GM , Financial), Markel Corp. ( MKL , Financial), Floor & Decor Holdings ( FND , Financial) and HP Inc. ( HPQ , Financial).
- 06/09/2022
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GM and Lockheed are taking their lunar rover project to the commercial space market
- The companies plan to produce moon-roving vehicles for commercial space missions and services powered by the automaker's electric vehicle battery technology.
- 06/09/2022
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Here's the Next Fintech Stock I'm Going to Buy
- This is a highly profitable business with lots of room to grow.
- 06/09/2022
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GM to launch production of Chevrolet Tracker SUV in Argentina in July
- General Motors Co (GM) will begin production of its Chevrolet Tracker SUV in Argentina next month, the U.S. automaker and the Argentine government said Wednesday.
- 06/09/2022
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Invest Like Warren Buffett With These 3 Stocks
- Warren Buffett has had stellar returns in the market, making it easy to understand why investors are always looking to see his next move.
- 06/08/2022
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Auto inventories should improve over next 6 to 12 months, says former Ford CEO
- Mark Fields, former Ford CEO and president, joins CNBC's 'Squawk Box' to discuss supply chain problems hitting the auto industry, the price of gas and more. "In the next 6 to 12 months, you're going to continue to see the auto industry improve the supply chain and microchip issues," Fields tells CNBC.
- 06/07/2022
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Ford Hedges its EV Bets While GM Goes All In
- The automaker announces huge new investments in electric and gas-powered vehicles, but its split strategy may not work in its favor.
- 06/07/2022
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7 Electric Vehicle Stocks With ‘Buy' Analyst Ratings
- The electric vehicle is winning the race to unseat the internal combustion engine, and these EV stocks have the analysts' attention. The post 7 Electric Vehicle Stocks With ‘Buy' Analyst Ratings appeared first on InvestorPlace.
- 06/07/2022
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Is Now the Time to Buy Oil Stocks?
- They have been the best-performing stocks for the past year, but over the past decade they've been the worst.
- 06/06/2022
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Where GM Is Creating Its EV Future: Factory Zero
- The car company has taken a shuttered 1980s-vintage factory and stuffed it full of the newest car-making technology. To meet its electric-vehicle sales goals, the operation has to hum big time.
- 06/03/2022
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GM's Cruise Earns California's First Driverless Deployment Permit
- This will let the company's autonomous Bolt EVs carry paying passengers, a major step for AVs.
- 06/03/2022
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GM's Cruise approved to offer driverless ride-hailing services in San Francisco area
- General Motors has been approved to develop driverless vehicles for Cruise in a part of the San Francisco area. CNBC's Phil LeBeau joins 'Squawk Box' to report.
- 06/03/2022
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Stellantis vs. GM: Which Is a Better Buy?
- Shares of these two auto giants look inexpensive as they continue to launch compelling vehicles.
- 06/03/2022
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7 Oversold Value Stocks to Buy for June
- Investors are realizing that the economy is likely to stay relatively strong, making these oversold value stocks very attractive. The post 7 Oversold Value Stocks to Buy for June appeared first on InvestorPlace.
- 06/03/2022
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The 3 Best Long-Term Stocks to Add to Your Q2 Buy List
- Recent declines on Wall Street create the perfect opportunity to invest in these three best long-term stocks. The post The 3 Best Long-Term Stocks to Add to Your Q2 Buy List appeared first on InvestorPlace.
- 06/03/2022
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Cruise gets green light for commercial robotaxi service in San Francisco
- Riders will soon be able to pay for a driverless taxi ride in San Francisco from Cruise, which is majority-owned by General Motors.
- 06/02/2022
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The Electric Hummer Proves the Best EV Stocks to Buy Aren't TSLA
- Tesla's market share will likely erode over the coming years. That means the best EV stocks to buy now are the companies stealing its thunder.
- 06/02/2022
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Self-driving cars from GM's Cruise could soon carry paying riders in San Francisco
- General Motors Co's Cruise on Thursday could become the first company to secure a permit to charge for self-driving car rides in San Francisco, if it can overcome objections by city officials.
- 06/02/2022
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The new Chevrolet Bolt will be the cheapest electric vehicle in the US
- General Motors announced Wednesday that it's cut the price of the most affordable Chevrolet Bolt to $26,595, making it the cheapest electric vehicle in the US.
- 06/01/2022
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GM to cut prices on EV Chevrolet Bolt up to 18 percent
- General Motors Co on Wednesday said it will sharply cut prices on its electric Chevrolet Bolt after the Detroit automaker had halted sales for six months following a battery recall.
- 06/01/2022
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GM slashes prices of Chevy Bolt electric vehicles despite rising commodity costs
- GM cut the price of the Bolt EV by $5,900 compared to the 2022 model year, with a starting price of $26,595.
- 06/01/2022
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Buick unveils sleek new Wildcat car concept to shake off stodgy image and reinvent the brand for EVs
- The car reflects the future design and technological directions of Buick, including a significantly redesigned logo for the first time in more than 30 years.
- 06/01/2022
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What's Happening With GM Stock?
- General Motors stock has rallied by almost 9% over the last week (five trading days), outperforming the S&P 500, which gained about 6.5% over the same period.
- 06/01/2022
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Autoworker union accuses GM joint venture of denying access to organize workers
- The United Auto Workers union is accusing a new General Motors joint venture of denying its access to workers to conduct a preliminary organizing vote.
- 05/31/2022
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U.S. says GM Mexican plant workers' vote shows bargaining benefits
- U.S. Trade Representative (USTR) Katherine Tai said on Friday the vote by General Motors workers at a pickup truck plant in Mexico to approve a new contract "demonstrates the significant benefits of true collective bargaining."
- 05/31/2022
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Domestic Auto Industry in a Fix: 2 Stocks Still Worth Considering
- While the Domestic Auto industry is struggling amid chip crunch and cost woes, General Motors (GM) and Ford (F) are currently trading at discounted levels and are better positioned to brave the multiple industry woes.
- 05/31/2022
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General Motors (GM), POSCO to Invest in Quebec Battery Unit
- General Motors (GM) inks deal with POSCO to work on a joint cathode battery venture in Quebec to get supply of the core EV component.
- 05/30/2022
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7 Discounted Auto Stocks to Buy Now
- While the sector is likely to be eventfully volatile, brave contrarians can consider auto stocks to buy for their returning relevance. The post 7 Discounted Auto Stocks to Buy Now appeared first on InvestorPlace.
- 05/30/2022
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7 Oversold Electric Vehicle Stocks to Buy on the Pullback
- The boom in electric vehicle stocks is only set to accelerate, especially with global leaders wanting millions of EVs on the roads. The post 7 Oversold Electric Vehicle Stocks to Buy on the Pullback appeared first on InvestorPlace.
- 05/30/2022
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Big call buying in General Motors
- "Halftime Report" trader Jon Najarian spots unusual activity in the options market.
- 05/27/2022
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U.S. says GM Mexican plant workers vote shows bargaining benefits
- U.S. Trade Representative Katherine Tai said Friday the vote by General Motors workers at a pickup truck plant in Mexico to approve a new contract "demonstrates the significant benefits of true collective bargaining."
- 05/27/2022
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POSCO Chemical plans to invest in $633 million battery materials plant with GM
- South Korea's POSCO Chemical Co Ltd said on Friday it plans to invest in a $633 million battery cathode materials plant in Canada with U.S. automaker General Motors Co (GM).
- 05/26/2022
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General Motors Company (GM) Down 6.9% Since Last Earnings Report: Can It Rebound?
- General Motors Company (GM) reported earnings 30 days ago. What's next for the stock?
- 05/26/2022
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7 Blue-Chips Stocks to Buy at an All-Time Low
- These seven blue chip stocks to buy (i.e, CCL, AMZN, GM, BAC, MA, INTC, PATH) offer solid upside whilst trading at enticing multiples. The post 7 Blue-Chips Stocks to Buy at an All-Time Low appeared first on InvestorPlace.
- 05/24/2022
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3 Deeply Discounted Stocks You'll Wish You Bought on the Dip
- These mind-bogglingly cheap stocks are valued at 3 to 5 times Wall Street's forecast earnings.
- 05/24/2022
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Will General Motors Make A Meaningful Reversal Or Is The Stock Parked In This Pattern?
- General Motors Company (NYSE: GM) was popping up over 2% higher on Monday, lifted by the S&P 500, which was shooting up about 1.5%. The legacy-turning-EV automaker had also developed a bullish double bottom pattern on the daily chart, which helped to push the stock upwards.
- 05/23/2022
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Got $500? Consider These 3 Cathie Wood Bargain Stocks
- The iconic growth stock investor has some surprisingly cheap investments you can get into even with a limited amount of money.
- 05/23/2022
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7 Undervalued Electric Vehicle Stocks to Buy Right Now
- Electric vehicle stocks are the best way to invest in the future of transportation, making it a can't miss prospect for your portfolio. The post 7 Undervalued Electric Vehicle Stocks to Buy Right Now appeared first on InvestorPlace.
- 05/23/2022
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5 Oversold Auto Stocks to Buy Right Now
- With near-term challenges for the industry, auto stocks have corrected. However, this is a good time to buy quality oversold auto stocks.
- 05/23/2022
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Best Stocks To Invest In Right Now? 5 Value Stocks To Watch This Week
- Should investors be watching these top value stocks right now?
- 05/22/2022
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Is Now the Time to Buy Electric Vehicle Stocks?
- EV stocks have been crushed along with growth stocks, and that could be an opportunity for investors.
- 05/20/2022
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The 5 Best Long-Term Stocks Every 30-Year-Old Should Buy and Hold
- These are the best long-term stocks to buy and hold now. AXP, CAT, KO, GM, and HPQ can make great long-term investments.
- 05/19/2022
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Market has a lot of very cheap stocks right now, says Oakmark's Bill Nygren
- Bill Nygren, Oakmark Funds portfolio manager, joins 'Squawk on the Street' to discuss how he is thinking about the current market environment, if he's is worried about earnings estimates coming down and more.
- 05/19/2022
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Why Ford, GM, and Avis Stocks All Crashed Today
- Car sales tumble in Europe -- just like they tumbled in America.
- 05/18/2022
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Biden admin's ‘bureaucratic bungling' made baby formula shortage worse, CEO who rescued GM says
- CEO and corporate recovery expert responsible for turning around General Motors in 2009 blames the Biden administration's ‘bureaucratic bungling' and a host of corporate and government ‘screw ups' for exacerbating the infant formula crisis.
- 05/17/2022
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Should Investors Park Their Cash in Ford or General Motors?
- As longtime rivals, both companies have been trying to gain an edge on one another for decades.
- 05/17/2022
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GM is betting its Ultium batteries will lead the automaker to EV dominance
- GM intends to lead EV sales in North America by 2025, and says the Ultium platform will drive its dominance. What makes GM's batteries different?
- 05/17/2022
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3 Top Stocks Primed to Take Off in a Rising Rate Environment
- For investors looking for ways to battle this high inflation and rising rate environment, here are three top stocks to add to your watchlist. The post 3 Top Stocks Primed to Take Off in a Rising Rate Environment appeared first on InvestorPlace.
- 05/17/2022
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Here's Every Stock Warren Buffett Bought or Sold in the First Quarter
- The Oracle of Omaha was very active in the markets.
- 05/17/2022
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