General Motors Company
NYSE: GM
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GM Articles
Automakers will be reporting new car sales for the month of October next Tuesday, November 1, and initial sales estimates are beginning to roll in.
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Savvy investors know that often the best time to buy a stock, especially a solid company with a mature franchise, is when an event that falls outside the norm affects the stock's price.
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24/7 Wall St. has put together a preview of Twitter, Ford and some of the major companies reporting their quarterly results this week.
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The past month or so has been the best time in eight years to buy a pickup — and it looks as if the time is getting even better.
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While sales of the Ford F-Series are up more than 5% in the first nine months of 2016, September sales were down more than 2% year over year for the country's best-selling vehicle.
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New car registrations in the European Union for the month of September totaled 1.46 million units, a volume record for the month.
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Fiat Chrysler on Monday night reached an 11th-hour agreement with its Canadian labor union that dodged a strike set to begin at midnight.
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Toyota claims more than two-thirds of the U.S. market for hybrid car sales. Not exactly a surprise because the company's Prius was the first mass-produced hybrid car on the market.
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The good news for buyers is that competition among the U.S. pickup makers is generating steep discounts as automakers launch an end-of-the-year price war.
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The three top-selling vehicles in the United States tend to remain the same month after month, but natural order dissolved in September.
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Global demand for new cars and light trucks is softening and analysts at Moody's Investors Service rates the automakers' outlook for the next 12 to 18 months as negative.
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Costco Wholesale has announced that it will offer 29 different General Motors cars during what is now an annual holiday sales event.
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Regardless of what rates do, these four companies should do fine as they have very strong and mature businesses.
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Sales in September were down more than 2% year over year for the country's best-selling vehicle. Sales of Silverado pickups plunged more than 15%.
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General Motors on Monday posted total September U.S. sales fractionally lower than a year ago but better than analysts expected.
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