General Motors Company
NYSE: GM
$48.88
+$0.26 (+0.5%)
Closing Price on September 20, 2024
GM Articles
To say that the auto industry is about to take a beating due to the coronavirus pandemic is perhaps an understatement.
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Some industries just cannot have their employees work from home. That fits the bill for most automaker workers who are involved on the factory lines.
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Ford may face its worst year in a decade as coronavirus spreads around the world. The U.S. market may be difficult, but it is China that could erode the numbers at a frightful level.
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Tesla CEO Elon Musk has said that the company just produced its millionth vehicle. The company will get to 2 million more quickly, but the competition is starting to heat up.
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The China Passenger Car Association said car sales across the country will drop sharply this year. Ford and GM face an uphill battle that they are unlikely to win.
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General Motors and Ford may face their worst year in a decade as coronavirus spreads around the world. While the U.S. market may be difficult for them, it is China that could erode their numbers at a...
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If Ford cannot get things right today, why think that will change tomorrow. GM does not have a similar challenge.
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It's still way too soon in the EV race to call Tesla out as the winner a decade from now. It's also still too soon to predict that GM can deliver on the claims and goals.
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Ford continues to struggle while several rivals take U.S. market share. Ford needs to make a stand somewhere, if it can.
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Historically, Ford has been a solid barometer for American manufacturing and even a top pick among Wall Street analysts in years past. Recent events have seemingly positioned this once champion of...
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Car sales in China fell sharply in January, and the spread of the coronavirus will make the figure much worse in February. That is bad news for Ford and General Motors.
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Ford and General Motors may have modestly good results in the United States this year, as they did in 2019. However, overall global results already have been hammered.
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There are about 115,000 gas stations in the U.S. That figure has dropped sharply over the last two decades. The reasons are primarily a fall off in the margins owners get, and more fuel efficient...
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Monday's top analyst upgrades, downgrades and initiations included AbbVie, Apple, Arch Coal, FedEx, Ford, General Motors, Nvidia, Skyworks Solutions, Stitch Fix and World Wrestling Entertainment.
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The impact of the six-week strike on GM's quarterly and full-year results was significant though not crippling. The current year is going to be tough as well, though for different reasons.
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