General Motors Company (GM)
Analyst: General Motors Stock Could See 'Positive Surprises'
The shares of General Motors Co (NYSE:GM) are up 1.2% in premarket trading after Deutsche Bank upgraded the stock to “buy” from “hold” and raised its price target to $60 from $56.
Warren Buffett Sold This Stock, but I Think He's Completely Wrong
Heading into 2023, Warren Buffett-led Berkshire Hathaway's (BRK.A 1.42%) (BRK.B 1.11%) had a substantial investment in General Motors (GM -1.68%). According to Berkshire's SEC filings, the conglomerate owned 50 million shares of GM at the beginning of that year, worth about $1.7 billion at the time.
GM Stock Price Jumps Ahead Of Possible 870,000 Vehicle Recall
Generally, large recalls are bad for a car company's reputation and its bottom line.
Here are the products and companies most at risk from Trump's tariff plans
Tariff proposals have put the complex global supply chain front and center as President-elect Donald Trump gets inaugurated on Monday. On the campaign trail, Trump said he would add tariffs for goods made in other countries, especially China.
General Motors: Q4 Earnings Likely To Make The Stock Surge
General Motors has shown strong performance due to effective cost management, market share growth, and reduced EV losses, positioning it well for future profitability. Despite challenges like rising costs and competition, GM's efficient operations and strategic inventory management have kept its margins positive without excessive pricing. GM's robust free cash flow and aggressive buyback program indicate confidence in its undervaluation, with potential for further buyback boosts and debt reduction.
The Silver Lining in GM's Big China Problem
Rewind to about 15 years ago, and China was the holy grail for automakers. Its market was beginning to boom, and foreign automakers paired up with joint ventures to begin selling vehicles in hopes the region would become another profit machine.
General Motors Barred From Selling Driver Data for 5 Years
The company allegedly collected and sold geolocation and driver behavior data to third-party companies.
Feds probing GM engine failures in nearly 900K vehicles — including its best-selling model
The NHTSA said complainants reported “no detectability prior to the engine failure,” which can lead to an increased risk of a crash resulting in injury and/or property damage.
Automaker group files lawsuit to block US automatic emergency braking rule
A group representing major automakers on Friday said it filed lawsuit to block a landmark rule from the administration of President Joe Biden requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems.
GM's EV Supply Chain Strengthens: Is the Stock a Value Play Now?
General Motors' investments in localized EV battery production and raw material sourcing are setting the stage for long-term growth.
NHTSA opens preliminary probe into more than 870,000 GM vehicles
The U.S. National Highway Traffic Safety Administration said on Friday it was opening a preliminary probe into 877,710 vehicles manufactured by General Motors , after receiving reports alleging engine failure.
General Motors Is Banned From Selling Driving Behavior Data for 5 Years
An investigation by the Federal Trade Commission determined that consumers had not been aware that the automaker was providing their driving information to data brokers.
