General Motors Company (GM)
GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed
The 2025 Chevy Corvette ZR1 will be powered by a twin-turbocharged, 5.5-liter, V8 engine capable of more than 1,000 horsepower — a first for Corvette — and 828 foot-pounds of torque. The ZR1 joins what GM is calling the "Corvette family," leveraging the reputation of the quintessential American sports car to boost revenue and sales.
GM Eyes ‘Winning New Customers' as EV Sales Soar
General Motors Chairman and CEO Mary Barra is focused on “winning new customers” as electric vehicle (EV) sales soared during the second quarter. In the second quarter GM reported a 40% year-over-year growth in U.S. EV deliveries, outpacing the industry's 11% increase.
Former Solicitor General Paul Clement joins Coinbase board
Paul Clement previously served as the former solicitor general under the Bush administration and will join the board at Coinbase, the U.S.'s largest cryptocurrency exchange.
General Motors Company (GM) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates
NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of General Motors Company ("General Motors") (NYSE:GM) concerning possible violations of federal securities laws. GM filed a petition in 2022, with the National Highway Traffic Safety Administration seeking permission to deploy up to 2,500 self-driving Origin vehicles annually without human controls such as a steering wheel, brake pedals or mirrors.
GM's Cruise looks to start charging for robotaxi rides next year, Bloomberg News reports
General Motors' self-driving technology unit, Cruise, aims to return to running fully autonomous rides later this year and charge fares by early 2025, Bloomberg News reported on Thursday, citing people familiar with the matter.
General Motors: Buy The Drop, High Safety Margin
General Motors shares fell 6% despite beating Q2 estimates and raising key metrics for FY 2024. Unexpected loss in China business led to stock selloff, but overall earnings were solid. Strong EBIT performance, driven by ICE division, and low valuation create a high safety margin investment opportunity.
3 Stocks Ready to Soar if Donald Trump Secures Victory
Finding the top stocks to buy before the elections is a sharp move. Looking at the potential of Trump 2.0, three stocks with the potential for sustained growth are critical to deriving stable returns.
General Motors Well Positioned To Sustain Strong Margins - Analysts Raise Forecasts
Goldman Sachs analyst Mark Delaney reiterated the Buy rating on General Motors Company GM, with a price forecast of $53.
General Motors Is Backing Down on Electric Vehicles. What's Going On?
General Motors (NYSE: GM ) stock is falling today after Tesla's (NASDAQ: TSLA ) dismal second-quarter earnings report. Shares of the “Big Three” automaker have been volatile today and GM stock is falling along with most of its peers as Tesla's poor revenue and EPS drag down the entire sector.
This General Motors Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
GM Walks Away From Big EV Investments
24/7 Insights General Motors Co. (NYSE: GM) has slowed its electric vehicle (EV) plans.
GM Crushes Earnings and the Stock Still Drops
Strong earnings weren't enough to impress GM investors today.
