General Motors (NYSE:GM) - Page 2

2016 Ford Edge

Ford’s Bad Year

As the stock market inches toward the end of the year, among the four car manufacturers that sell the most cars in the United States, there is one clear loser ...
Read Full Story »
2016 Chevy Silverado 1500 LT

Chevy Cuts Prices by Over $10,000 on Some Trucks and SUVs

General Motors Co.'s (NYSE: GM) Chevy has taken discounts to an extreme level. It has incentives as high as $10,000 for several of its trucks and sport utility vehicles. Incentives ...
Read Full Story »
used car sales

December Car Sales Expected to Be Best of the Year, Led by GM

December's car sales are expected to be the best for any month of 2016, at 1.6 million. The manufacturer with the best results in terms of percentage increase is market ...
Read Full Story »
2016 Chevrolet Cruze

Detroit Three Automakers to Crimp Car Production in January

U.S. sales of new cars and light trucks in 2016 is estimated to be very close to the record-setting total of 17.5 million units sold in 2015. But the pace ...
Read Full Story »
GM logo

GM Layoffs May Not Be Over

General Motors Co. (NYSE: GM) has just laid off 1,300 workers as demand slows for its small sedans and coupes. The company laid off 2,000 in November. The blame can be ...
Read Full Story »
Fired Businessman

Happy Holidays, You’re Fired: List of Companies Laying People Off

The holidays are a particularly cruel time to lay off people, or to tell them they will be laid off soon. That has not stopped a number of companies from ...
Read Full Story »
car dealership

New Car Prices Reach All-Time High in 2016

If you think that new cars and light trucks are getting more expensive, you're right. The average transaction price for a new vehicle hit an all-time high of $34,077 in ...
Read Full Story »
cigar store indian

Companies That Disrespect the American Indian: Land O’Lakes, Mutual of Omaha, Apache, Jeep and More

A great deal of analysis and criticism has been given to the use, or abuse, of the term "Indian" or related terms that refer Native Americans by professional sports franchises. ...
Read Full Story »
2016 Ford Fusion Energi

Ford Leads Detroit Three in EU New Car Sales

New car registrations in the European Union (EU) for the month of November totaled 1.15 million units, up about 50,000 units compared with November of last year. Year over year, ...
Read Full Story »
GM building square

GM Inventory Levels at 8-Year High; More Jobs Threatened?

At the end of November, General Motors Co. (NYSE: GM) reported a total of 834,200 cars and light trucks in its inventory. According to the company, that's an 84-day supply, ...
Read Full Story »
model s interior

Tesla Short Interest Rises to 35 Million Shares, 32% of Float

Short sellers are taking an aggressive run at Tesla Motors Inc. (NASDAQ: TSLA). Short interest for the period that ended November 30 rose 13.3% to 36.7 million, which is an ...
Read Full Story »
Tesla charging station

Automakers Demand for Lithium to Rise 17% in 2017

Lithium is the critical component of the lithium-ion batteries that power smartphones, laptops, and cars. Global demand for lithium batteries is expected to reach 1.7 billion units in 2016 and ...
Read Full Story »
headlights

IIHS Awards 38 Cars Top Awards, With Headlights as Drawback

Good headlights are a bit hard to come by, according to the Insurance Institute for Highway Safety (IIHS). Only 38 of the car models measured for its 2017 awards received ...
Read Full Story »
Car Sales

The Good and the Bad for Ford and GM Sales

New car sales have improved dramatically since the market trough of 2009. That growth, however, appears to have reached a plateau in 2016, and there are some developments that could ...
Read Full Story »
car lot

GM Inventories Surge Nearly 200,000 in November

In what cannot be a good sign for General Motors Co.'s (NYSE: GM) operations, its inventory soared to 873,682 in November, up 182,189. GM almost certainly wishes a large number ...
Read Full Story »