General Motors (NYSE:GM)

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 ...
Read Full Story »

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 ...
Read Full Story »

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 ...
Read Full Story »

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 ...
Read Full Story »

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 ...
Read Full Story »

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 ...
Read Full Story »

GM Backs Off on Decision to Make Union Pay Workers’ Health Care Costs; Other Issues Unresolved

Posted: September 27, 2019 at 11:15 am

46,000 United Auto Workers (UAW) members who have been striking General Motors Co. (NYSE: GM) for the past 11 days will continue to receive health care coverage following the company's ...
Read Full Story »

Will UAW Strike Against GM End Sooner Rather Than Later?

Posted: September 16, 2019 at 8:20 am

At one minute before midnight Sunday, nearly 50,000 members of the United Auto Workers (UAW) union went on strike against General Motors Co. (NYSE: GM), the first time in a ...
Read Full Story »

Brake Defect Forces GM Recall of 3.5 Million SUVs and Trucks

Posted: September 11, 2019 at 11:55 am

General Motors Co. (NYSE: GM) notified the U.S. National Highway Traffic Safety Administration (NHTSA) on Tuesday that it will recall 3.456 million vehicles to fix a defective vacuum pump in ...
Read Full Story »

Why Ford’s Dividend Still Looks Safe After Moody’s Downgrade to Junk

Posted: September 10, 2019 at 11:45 am

Receiving a key credit rating downgrade can be a painful experience for many companies. When a company with an investment grade credit rating is downgraded to "junk bond" status, investors ...
Read Full Story »

As US/China Trade War Takes a Breather, Full Trade Data and Reactions by the Numbers

Posted: August 31, 2019 at 11:42 am

The last week of August proved to be one in which the salvos in the trade war between the United States and China took a breather. On top of President ...
Read Full Story »

30 Sustainable Dividend Yields of 3.5% to Over 5% for Cautious Income Investors

Posted: August 26, 2019 at 10:25 am

It's a tricky world for income investors. There is currently around $15 trillion worth of government bonds trading at negative yields between Europe and Japan, and U.S. bond buyers have ...
Read Full Story »

US/China Trade Data by the Numbers, and How Exposed Top American Companies Are

Posted: August 25, 2019 at 11:07 am

With all the news now about tariffs having turned into an outright trade war with China, and with the market's drop on Friday resembling an even larger drop a week ...
Read Full Story »

Why GM and Volkswagen Are Abandoning Hybrids and Ford and Toyota Are Not

Posted: August 13, 2019 at 10:55 am

The Wall Street Journal reported Monday that General Motors Co. (NYSE: GM) and Volkswagen have seen the future and it does not include hybrid electric vehicles (HEVs) like the Toyota ...
Read Full Story »

What Saved General Motors Q2 Earnings

Posted: August 1, 2019 at 9:05 am

General Motors Co. (NYSE: GM) reported second-quarter 2019 results before markets opened Thursday. The automaker posted adjusted diluted earnings per share (EPS) of $1.64 on revenues of $36.06 billion. In ...
Read Full Story »