General Motors is initiated at Buy with 28% upside to a $104 price target, citing achievable Q2 estimates and undervaluation versus peers. GMNA's easier Q2 comps and increased dealer supply are expected to drive sequential growth, offsetting recent North American share losses. GM's digital services strategy, with 12 million subscribers, and healthy balance sheet support the investment case despite ongoing tariff and commodity headwinds.
General Motors: A Compelling Valuation Story Despite Macro Volatility
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General Motors tells Business Insider it's trying to cut the time to develop a new model to two years. Automakers are trying to make cars faster amid tariffs, EV stumbles, and competition from China.
American Axle dispute dates back to pay cuts during financial crisis.
Negotiations between a General Motors GM.N axle supplier and the United Auto Workers have not taken place since the union launched a strike against the company on Sunday, according to a local union negotiator.
Dozens of workers took to picket lines Monday morning at an axle plant in Michigan that supports production of General Motors trucks, some of the Detroit automaker's most popular and profitable vehicles.
Nearly 1,000 workers at a Michigan supplier plant that makes parts for GM pickup trucks went on strike Monday after not reaching a new contract deal. The United Auto Workers union on Monday confirmed workers at an axle and components plant in Three Rivers, Mich.
United Auto Workers President Shawn Fain on Sunday called for a strike at a Michigan factory that makes axles for General Motors pickup trucks, some of its most profitable vehicles.
American Axle's Michigan plant makes key parts for Chevy Silverado, GMC Sierra trucks.
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General Motors (GM) reported earnings 30 days ago. What's next for the stock?