General Motors Company
NYSE: GM
$50.97
-$0.87 (-1.7%)
Closing Price on January 17, 2025
GM Articles
According to highly regarded car research firm Kelley Blue Book, sales of Fiat Chrysler Automobiles sharply bested the improvement of the U.S. market as a whole in July.
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General Motors reported mixed second-quarter 2015 results before markets opened Thursday morning.
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The gap between premium and non-premium car brands is narrowing, at least far as how appealing new cars are to their new owners.
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Not only does Fiat Chrysler have trouble improving sales of its Fiat brand, Fiat is also the slowest selling car in America.
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The Tesla Model X is expected to enter production later this year. But a single slip in that delivery date will bring Tesla's shares crashing down like Musk's SpaceX rocket did last month.
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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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