General Motors Company
NYSE: GM
$54.79
-$5.41 (-9.0%)
Closing Price on November 26, 2024
GM Articles
The Detroit Three automakers are having a lousy year that is not expected to improve much. But what about next year, and the year after that? Which one is better positioned to claw back profits in a...
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Second-quarter sales from the three major U.S. carmakers fell by more than a third year over year. A recovery in May and June could fizzle though and the summer could be a bust for manufacturers and...
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Tesla announced Thursday that it delivered more than 90,000 vehicles in the second quarter despite the fact that its California plant was closed for 41 days due to the COVID-19 pandemic.
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More than two dozen state and local governments along with several environmental groups and five automakers have indicated their intention to file briefs in a lawsuit against the EPA related to...
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Debt rating agency Moody's has downgraded some $130 billion in automakers' debt.
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Ford is upbeat as sales and production recover, and focusing on trucks and internet connectivity.
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Even after the market rout last week, these five stocks look like solid ideas for growth investors with a degree of risk tolerance. Goldman Sachs has raised their price targets
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Friday's top analyst upgrades and downgrades included Adobe, Analog Devices, Caterpillar, ConocoPhillips, General Motors, Southwest Airlines, Take-Two Interactive Software and Tesla.
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Toyota is no longer the most valuable car company as measured by market capitalization. That honor now belongs to Tesla, even though Tesla sells a fraction of the vehicles Toyota does each year.
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The pandemic has caused supply and demand problems for Ford and damaged consumer confidence.
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Zoom Video Communications has a market capitalization of above $50 billion. The General Motors market cap is near $37 billion. The figures seem absurd.
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Ford will likely have the summertime blues when it comes to reaching its sales goals. How bad those blues will be depends on the pandemic, unemployment numbers, and consumer sentiment.
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May U.S. car sales are expected to be down sharply from a year ago. That shows the long road to a comeback for America's large carmakers.
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It may seem improbable that a huge discount warehouse company can help a car company that is desperate to find buyers. Yet, Costco is doing just that.
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Even as Ford plants reopen the coronavirus has cut demand and rattled the supply chain, as well as shareholders.
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