General Motors (NYSE:GM)

US Car Companies Face Wreck in China

China is absolutely critical to U.S. car manufacturers. It is the largest car market in the world, as it moved ahead of the American market in 2009. Ford Motor Co. ...
Read Full Story »

As German Car Companies Layoff, Can Ford And GM Be Far Behind?

In the last few days, Volkswagen's Audi division management said it will cut as many as 9,500 people. BMW management has stated it will cut many people as well. Today, Mercedes ...
Read Full Story »

The Cheapest New Car in America

The average price for a new car in America is nearly $40,000. Some new vehicles cost just over a third of that. One sells for barely more than $14,000. A ...
Read Full Story »

This Iconic Car Is the Least Reliable in America

Consumer Reports recently released its annual car survey. It covered data from more than 420,000 vehicles. The study looked at the reliability of 30 auto brands. An American luxury car ...
Read Full Story »

Will GM Buy Ford as Industry Consolidates?

Apparently, Fiat Chrysler Automobiles N.V. (NYSE: FCAU) and PSA Group, owner of Peugeot, may merge. This would create the world's fourth-largest car company and a worthy competitor to Toyota, General ...
Read Full Story »

GM Q3 Earnings Overcome Strike, Low Volumes, but Wait Until Q4

General Motors Co. (NYSE: GM) reported third-quarter 2019 results before markets opened Tuesday. The automaker posted adjusted diluted earnings per share (EPS) of $1.72 on revenues of $35.47 billion. In ...
Read Full Story »

GM Sales Expected to Drop in October

Auto sales should stay steady, moving along at a near-record pace, in October. However, some car companies will suffer a fall-off in sales. First among these is General Motors Co. ...
Read Full Story »

Will GM Clear a Sharply Lower Bar When It Reports Earnings Tuesday?

Now that General Motors Co. (NYSE: GM) and the United Auto Workers have settled their six-week-long strike, the only thing left for investors to do is to try to figure ...
Read Full Story »

Voting Ends Friday on UAW-GM Contract Deal; Ford, Chrysler Turns Coming

The United Auto Workers strike against General Motors Co. (NYSE: GM) has lasted for 39 days so far, but early unofficial tallies show that union workers are mostly coming down ...
Read Full Story »

Will a $3 Billion-Plus Cost for the GM Strike Be Worth It?

General Motors Co. (NYSE: GM) reportedly has finalized a settlement to end a multiweek strike by the United Auto Workers (UAW) union. As of midday on October 17, neither a ...
Read Full Story »

GM, Union Reach Tentative Deal but Strike May Not End

In a statement loaded with qualifiers, United Autoworkers (UAW) Vice President Terry Dittes announced "the achievement of a Proposed Tentative Agreement" with General Motors Co. (NYSE: GM). Union negotiators voted ...
Read Full Story »

Will Trade War Ruin Ford in China?

Ford Motor Co. (NYSE: F) found itself on the ropes in China in the third quarter, a place it has occupied for several years. The problem has worsened, and not ...
Read Full Story »

Why Investors Like the GM Strike

The shares of General Motors Co. (NYSE: GM) trade higher than they did at the start of the year. The United Automobile Workers' strike against the big car company started ...
Read Full Story »

US Sales a Mixed Bag for Automakers 

Automakers' U.S. sales in the third quarter were down compared to sales in the same period a year ago. With one exception, the declines were small. While complete numbers aren't ...
Read Full Story »

Costco Wants to Sell More Cars

For the past several years, Costco Wholesale Corp. (NASDAQ: COST) has teamed up with General Motors Co. (NYSE: GM) to offer Costco club members special pricing on new GM vehicles ...
Read Full Story »