General Motors (NYSE:GM) - Page 2

Chevy Slashes Price Of A Corvette By $9,000 As Sales Crash

GM's (NYSE: GM) Chevy says it is "closeout" time for the 2017 versions of many of its cars. Among the vehicles with the largest discounts is the 2017 Corvette Z06 ...
Read Full Story »

Volkswagen Accelerates Electric Car Effort With $40 Billion Investment

German automaker Volkswagen on Friday announced an investment of $40 billion by the end of 2022 in "electric mobility, autonomous driving, new mobility services, and digitalization." Most of the investment ...
Read Full Story »

Fiat Finishes Last in Measure of Dealers

Deeply troubled Fiat, a division of Fiat Chrysler Automobiles N.V. (NYSE: FCAU), finished last in a carefully followed measure of dealer quality. Sales of the brand have nose-dived this year, ...
Read Full Story »

A Pessimistic Assessment of the Car Industry

Large credit rating agency Moody's has provided an usually pessimistic view of the car industry. Sales have peaked, its experts said. Demand in the two largest car markets has turned ...
Read Full Story »

A World With 280 Million Electric Cars

Electric cars are still almost toys, or transportation for an elite few who have the $80,000 or more to buy a Tesla. However, as companies like General Motors Co. (NYSE: ...
Read Full Story »

New Corvette Joins Supercar Race No One Will Win

General Motor Co.'s (NYSE: GM) Chevy division launched its new Corvette, the crown jewel of its lineup. It joins several other U.S. super sports cars that almost no one will ...
Read Full Story »

Republican Tax Plan Will Kill US Electric Car Market

When U.S. House Republicans unveiled their tax reform plan on Thursday, the focus of most news coverage went to items like a permanent cut to the corporate tax rate, the ...
Read Full Story »

Ford F-Series Sales Up 16% in October, but Share Dips 1%

Ford Motor Co. (NYSE: F) sold 75,974 F-Series pickups in October, topping sales of General Motors Co.'s (NYSE: GM) Chevy Silverado by 22,817 units. Adding in sales of the GMC ...
Read Full Story »

GM October Sales Dip 2%, Inventory Overhang Rises to 80 Days

General Motors Co. (NYSE: GM) on Wednesday posted total October U.S. sales of 252,813 vehicles, a decrease of 2.2% compared with October 2016. Retail deliveries dropped 6.6% in the month ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Abercrombie, Amgen, Electronic Arts, GM, Goldcorp, Shopify, 3D Systems, Under Armour and More

Stocks were indicated to open higher on Wednesday as the first trading day of November kicks off. Investors need to keep in mind that the major equity indexes are all ...
Read Full Story »

Top Analyst Upgrades and Downgrades: AMD, Chevron, GM, Intel, Merck, Nokia, Under Armour and More

Stocks were indicated to open lower on Monday after hitting all-time highs last week. With the bull market now nearing nine years old, the one trend that has prevailed for ...
Read Full Story »

Toyota Does Not Want to Be World’s No. 1 Car Company

Toyota Motor Corp. (NYSE: TM) has no interest in elbowing its way to the number one spot among auto manufacturers in terms of unit sales. That means it will not ...
Read Full Story »

Top Analyst Upgrades and Downgrades: AMD, Apple, Biogen, Capital One, Chipotle, GM, 3M and More

Stocks have hit new high after new high, but Wednesday's opening indication was looking marginally lower on all three major U.S. stock indexes. The trend that has prevailed for more ...
Read Full Story »

Auto Industry Shake-Ups: GM Cuts Car Production, Ford Replaces Top Execs

Looking to trim another 50,000 vehicles from its year-end inventory, General Motors Co. (NYSE: GM) plans to continue reducing production of passenger cars and retool some of its plants to ...
Read Full Story »

GM Adjusted Earnings Overcome $3 Billion Charges

When General Motors Co. (NYSE: GM) reported third-quarter 2017 results before markets opened Tuesday morning, the automaker posted adjusted diluted earnings per share (EPS) of $1.32 on revenues of $33.62 ...
Read Full Story »