General Motors plans to invest at least $900 million to retool a Lansing, Michigan auto plant to build electric vehicles, Energy Secretary Jennifer Granholm said Thursday.
Top 10 stocks for the 2nd half of 2024 from a Quant perspective shared by Steven Cress, Head of Quantitative Strategy. Hercules Capital the 1st BDC to make the list, followed by SPX Technologies in the industrials sector.
The Biden administration plans to award General Motors and Chrysler-parent Stellantis nearly $1.1 billion in grants to convert existing plants to build electric vehicles and components, it said on Thursday.
General Motors is poised to report its Q2 2024 results shortly. We expect earnings for the quarter to come in at $2.70 per share, slightly ahead of consensus and up by almost 40% compared to last year, while revenues are likely to grow by about 1% year-over-year to $45.2 billion.
General Motors' (GM) second-quarter sales in China fall 29% y/y due to increased price competition from local automakers.
These electric vehicle (EV) stocks picks had some of the best deliveries this quarter. Due to the current economic downturn, a lot of people aren't exactly lining up to snag the latest EV model.
In the most recent trading session, General Motors (GM) closed at $46.55, indicating a +0.06% shift from the previous trading day.
General Motors: Market Share Is Decreasing But Cash Flow Generation Remains Highly Positive
General Motors (GM) is set to pay a fine of $146 million to the federal government as its older vehicles fail to meet emissions and fuel economy standards.
WASHINGTON — General Motors will pay nearly $146 million in penalties to the federal government because 5.9 million of its older vehicles do not comply with emissions and fuel economy standards.
Successful traders know that some price levels are more important than others. They are called support and resistance levels.
General Motors agreed to pay nearly $146 million after almost six million of its vehicles released excess carbon dioxide emissions, the government announced Wednesday, after it found the vehicles were releasing more than 10% higher levels on average of the greenhouse gas than GM initially claimed.