General Motors Company
NYSE: GM
$45.68
+$0.70 (+1.6%)
Closing Price on October 4, 2024
GM Articles
Ford (F) wants investors to think that there is profit in small cars. Since there is no money in SUVs and pick-ups, that is the company’s only option. Gas prices are probably not going back to $2 a...
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GM (GM) did not lose 25% to 30% of its sales in August when the numbers were compared to last year. It was less bad than that. The company reported a 20.3% fall in August U.S. light vehicle sales to...
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GM (GM) likes its "employee pricing" incentives so much that it is going to extend them through the end of September and make them available on more models. Good new. Bad news. Clearly GM is selling...
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Robert Lutz, the oldest car company executive in the history of the industry, recently said that Detroit could not raise the money it needs to retool its plants to build fuel-efficient cars. The...
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Energy Conversion Devices (NASDAQ:ENER) reported its fourth quarter and full year results this morning, and the stock is up more than 2% in early trading. It’s no wonder. EPS of $0.24 beat...
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According to Reuters, Lehman (LEH) may fire 1,200 workers. Reuters reports that Dell (DELL) said its Asia business was fine but offered a cautious forecast. Reuters reports that Starbucks (SBUX) will...
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Toyota (TM) has already cut its sales targets for its fiscal 2008 year. Now it is taking down its forecast for 2009. According to The Wall Street Journal, "Japan’s biggest car maker by sales volume...
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GM (GM) may be able to add humiliation to the list of losses and indignities it has had to suffer over the last year as a recession and rising fuel prices have ruined its earnings and taken it to the...
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Hopes are that instead of selling a very few cars in August, auto companies will sell less few than they did in July. These perverse economics have become the way that Detroit tracks it misery....
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Several reports indicate that GM (GM, Ford (F), and Chrysler are approaching the government for a total of $25 billion in loans at interest rates as low as 4.5%. The money could come in the form of...
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According to Reuters, Warren Buffett and the head of Blackstone (BX) called for a solution to the govenment’s growing debt load and reliance of foreign investors to finance US borrowing. Reuters...
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GM (GM) has decided to do two things to stimulate sales. One is to offer aggressive incentives on its new cars. The other is to offer substantial warranties on its used cars. Between the initiatives,...
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According to Reuters, US inflation rose as the housing market continued to be troubled. Reuters reports that Hewlett-Packard (HPQ) beat Wall St. expectations. Reuters reports that Ebay (EBAY) will...
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The quality of American cars was supposed to be getting better. Perhaps that was an illusion. Part of the reason that investors thought GM (GM) and Ford (F) could come back was that their vehicles...
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According to Reuters, Lehman (LEH) is considering selling it Neuberger Berman asset management unit. Reuters writes that bail-out concerns pushed down stocks in Fannie Mae (FNM) and Freddie Mac...
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