General Motors (NYSE:GM) - Page 2

GM May Sales Dip, Inventory Swells

General Motors Co. (NYSE: GM) on Thursday posted total May U.S. sales of 237,364 vehicles, a decrease of 1.3% compared with May 2016. Retail deliveries rose 0.4 points in the ...
Read Full Story »

May New Car Sales Expected to Improve, but Only Slightly

Automakers will be reporting May U.S. new car sales Thursday, June 1, and analysts' projections are calling for the month's sales to improve month over month but to decline year ...
Read Full Story »

Some Uber Riders Have Started to Ditch Their Cars

According to a new Reuters/Ipsos poll, some riders who use Uber and Lyft have given up their cars. Others will do so in the near future. The trend is bad news ...
Read Full Story »

GM Hit With Lawsuit Over Rigged Diesel Emissions

About 18 months ago, Volkswagen was hit with allegations of using a device in its diesel-powered cars that could skate around diesel emissions regulations. The latest automaker to get called ...
Read Full Story »

May Expected to Be First Positive Car Sales Month of 2017

After several months of falling domestic car sales, May will likely tick up slightly compared to 2016. The pace will still remain such that overall domestic car sales will be ...
Read Full Story »

Fired Ford CEO Fields Made $59 Million Over Past 3 Years

Mark Fields, who will be dismissed as chief executive officer of Ford Motor Co. (NYSE: F) today, made a total of $59 million between 2014 and 2016. The majority of that ...
Read Full Story »

Ford CEO to Be Fired as 24/7 Wall St Suggested

Mark Fields will be fired as Ford Motor Co. (NYSE: F) chief executive officer and replaced by Jim Hackett, who runs the Ford autonomous car division. 24/7 Wall St.'s comments about ...
Read Full Story »

What GM Gains From Leaving India

General Motors Co. (NYSE: GM) announced this morning that the company will stop selling cars in India by the end of this year, although the company plans to continue building ...
Read Full Story »

Ford Drops to 52-Week Low Despite Layoff Plans

Ford Motor Co. (NYSE: F) CEO Mark Field's plans have not impressed investors — again. He laid off 1,400 of the company's salaried workers in Asia and North America. Ford's ...
Read Full Story »

BMW China Sales Soar 39%, Passes Mercedes, Buries Cadillac and Lincoln

Germany's BMW topped its chief rivals Daimler and Volkswagen in unit sales in China for the month of April. Sales of BMW and Mini vehicles rose 39% to 48,869 in ...
Read Full Story »

Fiat Chrysler Hammers Ford in April EU Sales

The European Automobile Manufacturers Association (ACEA) reported Tuesday that new vehicle registrations in the European Union (EU) tumbled 6.6% in April, compared with new registrations in April of 2016. New ...
Read Full Story »

Ford to Cut Staff 10%, but Embattled CEO Fields Will Keep Salary

In a situation that happens regularly, Ford Motor Co. (NYSE: F) will cut 10% of its worldwide workforce, but CEO Mark Fields, who caused the company's problems in the first ...
Read Full Story »

Warren Buffett’s Top Stock Holdings Keep Changing

Berkshire Hathaway Inc. (NYSE: BRK-A) has released its public equity holdings as of March 31, 2016. This is perhaps the largest company of them all among those watched on Wall Street. ...
Read Full Story »

Ram Offers Discounts as High as $11,000

Fiat Chrysler Automobiles N.V.'s (NYSE: FCAU) Ram was just hit with a massive recall. It is almost certainly a coincidence that the full-sized pickup brand has discounts that total over ...
Read Full Story »

Tesla Short Interest Still Over 31 Million Shares

Short interest in Tesla Inc. (NASDAQ: TSLA) for the period ending April 28 totaled 31.46 million shares, down from the 31.58 million shares (0.38%) short reported in the prior period. ...
Read Full Story »