General Motors (NYSE:GM)

2018 European Auto Sales Fizzle

Posted: January 16, 2019 at 7:50 am

The European Automobile Manufacturers Association (ACEA) on Wednesday reported new vehicle registration totals in the European Union (EU) for December and for all of 2018. Sales declined by 8.4% year ...
Read Full Story »

11 Largest Bankruptcies of All Time

Posted: January 15, 2019 at 10:50 am

Northern California natural gas and electricity provider PG&E Corp. (NYSE: PCG) recently announced its intention to file for bankruptcy protection under Chapter 11 of the U.S. bankruptcy code. If that ...
Read Full Story »

Friday’s Biggest Winners and Losers in the S&P 500

Posted: January 11, 2019 at 4:05 pm

January 11, 2019: The S&P 500 closed flat at 2,596.22. The DJIA closed flat at 23,995.88. Separately, the Nasdaq closed down 0.2% at 6,971.48. Friday was a down day for ...
Read Full Story »

General Motors Has Big Plans for 2019 and the Numbers to Match

Posted: January 11, 2019 at 11:30 am

General Motors Co. (NYSE: GM) shares jumped on Friday after the company provided guidance for its 2019 full year. The automaker also updated investors on its strategic plan for growing ...
Read Full Story »

US Consumers Bought Lots of Cars in 2018 but May Hit the Brakes in 2019

Posted: January 4, 2019 at 8:40 am

All told, U.S. consumers bought 1.64 million new cars and light trucks in December, making the month the second-best for sales for the entire year. The seasonally adjusted annual rate ...
Read Full Story »

Ford F-Series Dominates 2018 Pickup Market, Ram Outsells Silverado

Posted: January 3, 2019 at 1:10 pm

Ford Motor Co. (NYSE: F) sold 87,772 F-Series pickups in December, topping sales of Fiat Chrysler Automobiles N.V. (NYSE: FCAU) Ram pickups of 60,155 units. General Motors Co. (NYSE: GM), ...
Read Full Story »

GM Reports Weaker Q4, Full-Year US Sales

Posted: January 3, 2019 at 10:25 am

General Motors Co. (NYSE: GM) on Thursday posted U.S. fourth-quarter sales of 785,229 vehicles, a decrease of 2.7% compared with the fourth quarter of 2017. For the full year, sales ...
Read Full Story »

GM Will Hit Electric Vehicle Incentive Limit in 2018

Posted: January 2, 2019 at 2:05 pm

When General Motors Co. (NYSE: GM) reports fourth-quarter sales on Thursday, the company is also expected to announce that it has sold more than 200,000 all-electric or plug-in hybrid electrics, ...
Read Full Story »

Tariff Suspension Won’t Help Ford’s Plunging Sales in China

Posted: December 14, 2018 at 8:10 am

Sales of Ford Motor Co. (NYSE: F) vehicles in China continue to deteriorate. Year over year, sales volume dropped 55% in November to just 55,434 units. For the year to ...
Read Full Story »

November European Auto Sales Slide for Third Straight Month

Posted: December 14, 2018 at 7:25 am

The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of November. Sales declined by 8% year over year in ...
Read Full Story »

Apple to Build $1 Billion Campus in Texas

Posted: December 13, 2018 at 5:00 am

Apple Inc. (NASDAQ: AAPL) announced it will build a $1 billion facility in Austin, Texas, and add other large operations in Seattle, San Diego, and Culver City, California. Apple said ...
Read Full Story »

6 Most Important Things in Business Today

Posted: December 10, 2018 at 4:58 am

Car executive Carlos Ghosn finally has been charged. According to Reuters: Tokyo prosecutors officially charged ousted Nissan Motor chairman Carlos Ghosn on Monday for under-reporting his income and extended his ...
Read Full Story »

6 Most Important Things in Business Today

Posted: December 6, 2018 at 4:53 am

An important Chinese executive was arrested in Canada based on a request by the United States. According to Reuters: The daughter of Chinese tech giant Huawei’s founder has been arrested ...
Read Full Story »

Ram Pickup Sales Soar, Ford F-Series Sales Edge Down

Posted: December 3, 2018 at 11:45 am

Ford Motor Co. (NYSE: F) sold 72,102 F-Series pickups in November, topping sales of Fiat Chrysler Automobiles N.V. (NYSE: FCAU) Ram pickups of 52,056 units. Ram sales were up 44% ...
Read Full Story »

20 Stocks Loving the China Tariff Delays

Posted: December 3, 2018 at 10:35 am

Was this a ceasefire or a delay of the trade war and tariffs with China? That answer depends on whom you ask, and it is important to think about whether ...
Read Full Story »