General Motors is a leading global automotive company that designs, manufactures, and sells a diverse range of vehicles, including cars, trucks, and SUVs under various brand names. The company is committed to innovation in transportation, focusing on the development of electric and autonomous vehicles to meet the evolving needs of consumers and address environmental challenges. With a rich history in the automotive industry, General Motors also emphasizes safety, performance, and technology integration in its products while working toward sustainability initiatives and expanding its presence in the global market. Read More
GM informed the union of temporary layoffs starting April 14 at CAMI Assembly. Workers will return in May for limited production, and thereafter, production will cease again, with operations idling until October 2025, Unifor said.
Shares of automotive manufacturer General Motors (NYSE:GM)
fell 5.9% in the afternoon session after UBS downgraded its rating from Buy to Neutral, signaling a more cautious outlook on the stock's near-term potential. The firm also lowered its price target from $64 to $51, citing reduced earnings expectations.
The firm expects the net price of new vehicles in the U.S. to rise by about $2,000 to $4,000 over the next 6-12 months as car manufacturers pass on tariff-related costs, Reuters reported.
Milwaukee, WI () April 10, 2025 -- Milwaukee's trusted auto service provider enhances customer experience with a new digital platform for seamless vehicle repairs and maintenance.
e.l.f. Cosmetics, a brand from e.l.f. Beauty (NYSE: ELF), and professional race car driver Katherine Legge are revving up their partnership to Empower.Legendary.Females. as Legge expands her involvement in stock car racing across the world of NASCAR.
General Motors trades at $44.26 per share and has moved almost in lockstep with the market over the last six months. The stock has lost 7.2% while the S&P 500 is down 7.7%. This may have investors wondering how to approach the situation.
Dubai, UAE () April 9, 2025 -- 7Dxperts opens a new Dubai office to drive data and AI innovation in the Middle East, expanding its ThoughtSpot partnership and work with platform partners Databricks and Snowflake.
The post-tariff dip in GM stock may look like a buying opportunity, but before making a decision, investors may want to wait until the company's earnings report
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how THOR Industries (NYSE:THO) and the rest of the automobile manufacturing stocks fared in Q4.
PHILADELPHIA, April 08, 2025 (GLOBE NEWSWIRE) -- Grabar Law Office is investigating claims on behalf of shareholders of General Motors Company (NYSE: GM) as an underlying securities fraud class action has survived a motion to dismiss. The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.
