With General Motors (GM) embarking on a major revamp of its Chinese operations, let's evaluate if this is the right time to buy the stock.
General Motors has been one of the best-performing large auto stocks this year, rising by about 20% year-to-date, driven by improving profitability and higher truck sales. This compares to rival Ford stock, which has declined 17% over the same period.
General Motors is being accused of collecting data about the "bad" habits of drivers and selling it on to insurers.
Texas filed a lawsuit Tuesday against GM over years of alleged abuse of customers' data and trust. New car owners were presented with a “confusing and highly misleading” process that was implied to be for their safety, but “was no more than a deceptively designed sales flow” that surrendered their data for GM to sell.
General Motors (GM) cut jobs in China as the Detroit automaker evaluates its operations in the region amid rising competition from Chinese automakers, Bloomberg reported Tuesday.
Chevrolet and Cadillac owner General Motors Company (NYSE:GM) has recalled more than 21,000 electric SUVs in the US due to fears that the anti-lock brake systems can be initiated unexpectedly. The recall targets the 2023-2024 models of Cadillac Lyriq all-wheel drive vehicles, according to a statement from the National Highway Traffic Safety Administration (NHTSA).
General Motors is recalling 21,469 electric SUVs in the U.S. over concerns of an unexpected activation of the anti-lock brake system, and will remedy the issue through an over-the-air update, the National Highway Traffic Safety Administration said on Tuesday.
General Motors (GM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
General Motors on Monday revealed redesigned versions of its entry-level GMC Terrain crossover, including a new standard "Elevation" model. The vehicle features a more rugged exterior design as well as a new interior with 26 inches of standard information and control screens.
NEW YORK, NY / ACCESSWIRE / August 11, 2024 / Pomerantz LLP is investigating claims on behalf of investors of General Motors Company ("GM" or the "Company") (NYSE:GM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Zacks.com users have recently been watching General Motors (GM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.