General Motors Company
NYSE: GM
$56.15
-$0.89 (-1.6%)
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GM Articles
Thursday's top analyst upgrades, downgrades and initiations include Altria, General Motors, Intel, Netflix, Paychex and Walgreens Boots Alliance.
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If economists need any evidence that the European Union has emerged from the recession, cars sales improvement seems a fair measure.
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Chevy says it plans to upgrade its flagship full-sized pickup, the Silverado. It is too early to know if anyone will care.
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Short sellers must believe that the near-term prospects for General Motors are good, as short interest in its shares has dropped.
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Many large multinational companies, including Ford and General Motors, battle market saturation. They pin their hopes on emerging economies for expansion plans.
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In a new owner satisfaction ranking of 2015 model year vehicles, General Motors placed five vehicles at the top of their respective segments.
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U.S. sales of pickup trucks by the Detroit Three automakers took a bit of a dive in June, and GM now has more than 40% of the overall pickup market.
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General Motors total June sales reflect weaker Chevrolet, Buick and Cadillac brand sales but an increase in GMC sales.
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Although new U.S. car sales for June are expected to be lower than May sales, industry analysts expect a sales jump of nearly 5% year-over-year.
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Fiat Chrysler will release a new version of its iconic Fiat 500 on July 4. If the car does not lift U.S. sales, Fiat will suffer another disaster.
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While car and light truck sales in the United States are expected to rise by 5.7% in May, Ford sales are expected to rise less than that.
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The American new car market continues to shoot toward new records. According to Kelley Blue Book, June will help sales move much higher.
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Ford appears to be winning the battle with General Motors, at least according to Goldman Sachs.
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Wednesday's top analyst upgrades, downgrades and initiations include Avago Technologies, Citigroup, Electronic Arts, Ford, GM, Goldman Sachs and JPMorgan.
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Tesla's current market value is $33 billion, while General Motors' market cap is $58 billion. Something is wrong with the picture.
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