General Motors (NYSE:GM)

US Car Companies Face Wreck in China

Posted: December 11, 2019 at 6:20 am

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

Posted: November 29, 2019 at 7:14 am

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 ...
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The Cheapest New Car in America

Posted: November 18, 2019 at 6:25 am

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 ...
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This Iconic Car Is the Least Reliable in America

Posted: November 15, 2019 at 9:19 am

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 ...
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Will GM Buy Ford as Industry Consolidates?

Posted: October 30, 2019 at 6:45 am

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

Posted: October 29, 2019 at 10:00 am

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 ...
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GM Sales Expected to Drop in October

Posted: October 29, 2019 at 6:40 am

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

Posted: October 28, 2019 at 11:40 am

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

Posted: October 24, 2019 at 12:35 pm

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

Posted: October 17, 2019 at 11:35 am

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 ...
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GM, Union Reach Tentative Deal but Strike May Not End

Posted: October 16, 2019 at 1:45 pm

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 ...
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Will Trade War Ruin Ford in China?

Posted: October 12, 2019 at 8:20 am

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 ...
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Why Investors Like the GM Strike

Posted: October 5, 2019 at 8:45 am

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 ...
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US Sales a Mixed Bag for Automakers 

Posted: October 2, 2019 at 12:05 pm

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 ...
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Costco Wants to Sell More Cars

Posted: October 1, 2019 at 1:25 pm

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 ...
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