General Motors Company
NYSE: GM
$47.93
+$1.92 (+4.2%)
Closing Price on October 9, 2024
GM Articles
However badly the big car companies bled sales this summer, it appears that August brought no hope for better days. Bloomberg speculates that Toyota (TM) sold more cars that Ford (F). The news...
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The head of Ford (F) says that a tough economic environment will not undermine that company’s turnaround. According to an interview with Bloomberg. “We put together a pretty robust transformation...
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The nice thing about the management at Toyota (TM) is that they tell their rivals ahead of time how badly they are going to crush them. The big Japanese car company says it will sell 10.4 million...
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Ford (F) management won’t say this, but it is in no rush to sell Jaguar or Range Rover until next year. Mahindra & Marhindra, the Indian car conglomerate,TPG Capital, Cerberus Capital...
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According to Reuters, Isuzu and GM (GM) will increase their cooperation in South America to improve their share in the truck market. Reuters writes that Knight Capital (NITE) may have to refund fees...
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The UAW is being threatened by Ford (F) and GM (GM). Agree to cost cuts, or we move production overseas. The sight of the gallows focuses the mind.The UAW is being asked to gut the livelihood of its...
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For decades GM (GM), Ford (F), and Chrysler have essentially negotiated as a block. Not so this year, according to Bloomberg. Chrysler, now privately held and without a rich parent, is trying to get...
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The CEO of CountryWide Financial (CFC), Angelo Mozilo, could not just take the $2 billion his company got from Bank of America (BAC) and have a nice day. He had to mention that he thought there would...
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GM (GM) has cut production at six US plants due to high inventory of pick-ups and SUVs. Sales of the GMC Sierra fell 28% last month. The Wall Street Journal wrote that GM "had 114 days’ supply of...
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China used to be the next big thing for the Big Three. Now it is South America. GM (GM) is saying that it can grow it Latin America and African revenue by several billion a year over the next few...
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Below are short interest figures for major companies traded on the NYSE as of August 15 compared to July 13, 2007 Largest Short Positions Ford (F) ...
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According to Reuters, GM (GM) sees revenue in Latin America, Africa, and the Middle East growing by several billion a year for the next several years. Reuters writes that Toyota (TM) believes that it...
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Senior management at Chrysler has told The Wall Street Journal that the company plans to "expand outside North America by licensing vehicle production, outsourcing manufacturing and building cars in...
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GM (GM) CEO Rick Wagoner says that the big car company is OK despite the tough stock market and problems in the mortgage sector. According to Reuters, "GM’s exposure to the subprime mortgage market...
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With the market down 300 point in a day and off more than 10% from its recent highs, Wall St. is looking at some of the most active stocks and scratching its head. GM (GM) is off 7% today, very near...
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