General Motors Company
NYSE: GM
$57.04
-$0.58 (-1.0%)
Closing Price on November 15, 2024
GM Articles
Cadillac, the luxury brand of General Motors, continues to be the laggard among luxury car brands. While sales of its primary competitors improve, Cadillac sales dropped in December.
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Ford Motor F-Series pickup was the best-selling car in the United States again in 2014. It is a prize Ford has held for decades.
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With gasoline fast approaching the $2 per gallon level, it is no surprise to see sales of Chevy Tahoe and Suburban surging.
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The average transaction price for a new car or pickup purchased in the United States in December was 1.6% higher than in November, as well as 2.5% higher than December of 2013.
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Automakers are about release December sales figures, and industry analysts are looking for another solid month of sales to bring to a close a very good year for new car sales.
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The new BMW i8 has been positioned as a Tesla killer. But it is not all-electric like a Tesla.
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General Motors began 2014 with a recall of more than 300,000 of its pickup trucks. In February the automaker recalled more than 1.6 million North American additional vehicles.
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The short interest in Tesla rose 25% of the total float in the period that ended December 15. Some investors have made a large bet that Tesla shares will fall.
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The holiday season is expected to drive full-year new car sales in the United States to as much as 17 million.
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Kelley Blue Book has put together a list of the best lease, financing and purchase deals available for the final two weeks of December.
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GM's efforts to turn around its European operations have suffered another blow as sales of Opel plunged in November.
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Tuesday's top analyst upgrades and downgrades from 24/7 Wall St. include Crox, GM, MGIC Investment, Microsoft, Nike, Rite Aid and SunPower.
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One of the causes of the deep losses that drove GM and Chrysler into Chapter 11 where the high wages and benefits the UAW had negotiated.
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The new car/used car problem plagues many dealers and many brands, especially Cadillac.
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Makers of hybrid and electric cars never saw $2 gasoline prices coming. Some of the most popular cars in America could see sales erode considerably.
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