General Motors Company
NYSE: GM
$55.58
+$0.19 (+0.3%)
Closing Price on November 8, 2024
GM Articles
GM announced Tuesday that it has drawn $16 from its credit facilities to boost its cash position. Investors are interpreting that as a backstop for dividends.
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Tuesday's top analyst calls included Advanced Micro Devices, Alcoa, Biomarin Pharmaceutical, Coca-Cola, Ford, General Motors, Intel, Kinder Morgan, Micron Technology, Nvidia, Tesla, Twitter and...
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Ford has announced the closure of assembly plants in North America, Asia and elsewhere due to the coronavirus pandemic. The questions is, even when production resumes, will there be buyers?
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In this new frightening and recessionary environment, high dividends based on continued and easy coverage rates are viewed suspiciously.
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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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