General Motors Company (GM)
Investors Heavily Search General Motors Company (GM): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to General Motors (GM). This makes it worthwhile to examine what the stock has in store.
1 Wall Street Analyst Thinks Dollar General Stock Is Going to $110. Is It a Buy?
Dollar General's (DG 2.28%) focus on offering discounted essentials could make it a top defensive play for 2025, especially with the stock trading at a deep discount. Melius Research analyst Karen Short recently upgraded the stock to a "buy" rating with a $110 price target, implying upside of 27% over the current $86.85 share price.
Dollar General: Positioned To Perform Well Amidst Economic Uncertainty, Made Worse By Tariffs
Despite declining profitability, it is fixable, and Dollar General's initiatives will improve this metric moving forward. In its Q4 2024 earnings call, Dollar General provided financial targets, which I believe are very conservative. Dollar General's Retail Media Network is a promising growth opportunity for the company as it leverages a targeted demographic that can attract brands that cater to its specific customers.
1 Way Tariffs Could Cripple GM for Investors
The markets received good news when it was announced that President Donald Trump would pause reciprocal tariffs on most countries for 90 days and is opting to implement a base 10% tariff on most goods. Automakers, however, didn't catch a break as the pause didn't extend to the 25% duty on vehicle imports.
General Motors to Suspend Production, Lay Off 500 at Electric Vehicle Plant in Ontario
General Motors has temporarily halted production of its BrightDrop electric delivery van as the automaker will initiate temporary layoffs starting April 14 and workers will return in May for limited production.
GM cuts 500 jobs because of weak demand for BrightDrop electric vans
General Motors is laying off 500 workers at a factory in Canada because of weak demand for its all-electric BrightDrop vans, according to CNBC.
GM cutting jobs, idling Canadian electric van plant due to 'market demand'
General Motors is cutting production of its all-electric delivery vans at a plant in Canada ahead of idling the facility through much of this year. The plant will be reduced from two to one shifts, eliminating 500 jobs.
Dollar General Remains A Discounted Play
Dollar General has outperformed the market, with shares up 22.5% amid economic uncertainty. Despite some signs of weakness, Dollar General's sales and store count have grown, and shares remain attractively priced. The company's profitability has been challenged by rising costs and impairment charges, but long-term growth prospects remain positive.
General Motors downgraded by UBS amid tariff uncertainty
General Motors Company (NYSE:GM) has been downgraded to ‘Neutral' from ‘Buy' by analysts at UBS, who also slashed their price target on the automaker to $51 from $64 to reflect the impact of tariffs on cost structure and auto demand. For 2025, the analysts now assume General Motors' North America volumes will decline 9% year-over-year, down another 4% in 2026.
GM temporarily lays off 200 workers at all-EV plant
General Motors said Thursday that it is temporarily laying off hundreds of workers at its all EV-plant in Detroit, Michigan, in response to market dynamics.
General Motors laying off 200 Detroit employees in electric car factory
About 200 workers at the plant will be temporarily laid off, according to a company source. The move is not related to recently imposed auto tariffs, according to the source.
GM's costs for cars made in Mexico or Canada to rise steeply — and that won't be good for business
General Motors Co. is facing higher costs and lower demand that may eat into the auto giant's profits under the tariff program imposed by President Donald Trump, UBS analysts said Thursday.
