General Motors Company
NYSE: GM
$55.59
+$0.09 (+0.2%)
Closing Price on November 29, 2024
GM Articles
FCA unveils its redesigned Ram pickup at the Detroit Auto Show Monday. The new model is pegged to be in showrooms by the middle of this year, beating rivals Ford and GM to market with a 2019 model.
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Ford recently said it is "all in" on electric cars. The problem is that every other major car maker is "all in" on electric cars as well.
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The Detroit auto show opened Saturday for industry and press attendees. Among the new vehicles being shown off are the 2019 Ford Ranger midsize pickup and an all-new Chevy Silverado pickup.
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GM says driverless cars will eliminate "human driving error," which causes 94% of crashes. That is, if the technology works well, and the government approves it.
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A chip patch to address a flaw in Intel processors may not work, China's trade surplus with the U.S. has risen sharply, and other important headlines.
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Automakers have showed up again in Las Vegas for the annual CES show with new technology and promises of new vehicles over the next couple of years.
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Mexican exports of cars and light trucks reached an all-time high of 2.33 million in 2017, largely on the strength of pickup trucks built in the country by GM and Fiat Chrysler.
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One thing is for certain. The Fiat brand faces the same problems this year as it did last.
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On Wednesday Tesla announced that it had delivered more than 2,000 Model 3 sedans in fourth-quarter of last year. GM sold more than 23,000 Chevy Bolts last year. Which all-electric car is winning?
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General Motors reported that 2017 sales in China rose by more than 4% year over year. Chinese sales outstripped U.S. sales for the sixth consecutive year.
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Cadillac and Lincoln may have another difficult year in 2018, if December sales results are any marker.
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Americans bought about 2.5 million new full-size pickup trucks in 2017. The sales leader was once again the Ford F-Series with nearly 900,000 units sold for the year.
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Auto sales in 2017 have been forecast to slip from 2016's record total and that appears to be just what is happening.
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GM's December sales fell 3.3% compared with December of 2016 and full-year sales declined by 1.3%. The best news for the company is that inventory levels fell sharply.
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These stocks that offer investors value characteristics but also look very well positioned for 2018 make good sense for investors looking to lower risk in a market that is trading at about 18 times...
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