General Motors

Amidst all the attention on Tesla's (TSLA) struggles and insanely volatile stock this year, the share price under-performance of profitable automaker General Motors (GM) has gone overlooked. And it's time management does something about it. Shares of the Corvette maker have tanked about 10% in 2018, lagging the Dow ...

General Motors' loss-making South Korean unit and its labour union failed to reach a wage deal by Friday, breaching a deadline set by the U.S. automaker to seek bankruptcy protection for the unit. GM Korea held a board meeting on Friday evening to discuss filing for a court-led rehabilitation but it delayed ...

Morgan Stanley analyst, Adam Jonas, reiterated his Overweight rating on shares of General Motors (NYSE: GM) as the company is making decisive moves including nurturing trucks, exiting Europe, developing Auto 2.0 domain expertise. The stock has been lagging as the fundamentals are improving and ...

The South Korean government has offered 500B won ($470M) to keep General Motors (NYSE:GM) in the country as the automaker hits a Friday deadline for deciding whether to wind down its Korean operations. An agreement on the restructuring - like job cuts and benefit reductions - needs to be reached ...

A federal judge this week upheld a Connecticut jury's $2.9 million verdict against General Motors LLC in which a young girl died in her family's Chevrolet Suburban sport utility vehicle in 2011. In her 71-page ruling released Tuesday, U.S. District Judge Janet Hall of New Haven knocked down all of the ...

The window for an agreement to save General Motors' money-losing South Korea unit is nearly closed, according to a GM spokesman. The spokesman said the automaker is standing by a Friday deadline as it seeks wage concessions and funding from other stakeholders to avoid a potential bankruptcy ...

Because of the vast number of potential customers available, many automakers chose to do just that, and by all accounts are pleased with the results. General Motors and Volkswagen, have both indicated their desire to continue the partnerships with their Chinese counterparts even when the restrictions ...

Earlier this month, The Wall Street Journal reported (subscription required) that General Motors (NYSE:GM) will soon discontinue production of the small Chevrolet Sonic hatchback, and that it's considering ending production of its big Chevrolet Impala sedan as well. That had investors and analysts ...

At the beginning of each month, auto manufacturers release detailed sales numbers of each of their models for the previous month. These reports are then dissected by industry experts to find consumer spending habits and purchasing trends. In an unorthodox move, General Motors has announced it will ...

Various technology as well as conventional automobile manufacturers are developing autonomous vehicles or driverless cars. (Image: Reuters). March was a rough month for self-driving cars. While Uber's autonomous car killed one person in Arizona while on testing, Tesla's autopilot drive was engaged in ...

General Motors Company (NYSE:GM) is at least 13.85% than its current record low price of $31.92. There was a 2.45% gain on 03/29/2018 that led the price to move at $36.34. At recent session, the prices were hovering between $35.69 and $36.525. This company shares are 31.98% off its target price of ...

Investors in Tesla (NASDAQ: TSLA) were jubilant when the upstart Silicon Valley automaker's market cap passed General Motors' (NYSE: GM) for the first time last spring. It felt to many like a profoundly important moment: Suddenly, Tesla was America's most valuable automaker, almost as if GM had ...

Recently, the overall luxury market in the U.S. has grown, but Cadillac, as a consequence of its very narrow product portfolio, has not been able to participate in that growth, Mary Barra, the chief executive officer of General Motors, said at the Bank of America Merrill Lynch New York Auto Summit Wednesday ...

General Motors Company (NYSE:GM) is currently trading at a trailing P/E of 163.3x, which is higher than the industry average of 10.5x. While GM might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions.

General Motors Company (NYSE: GM) said earlier this year that it plans to have its first fleet of fully autonomous taxis on U.S. roads by the end of 2019. However, the recent death of a pedestrian involved in an accident with an Uber AV suggests GM's driverless fleet timetable may be a bit too aggressive.

Washington — General Motors' former vice president and chief financial officer has been named a deputy chief of staff at the White House. Christopher P. Liddell will serve as deputy chief of staff for policy coordination under Chief of Staff John Kelly, White House press secretary Sarah Sanders said in a ...

Investors in major automaker General Motors (NYSE: GM) have fashioned dark red foreheads in recent years from constant face-palming while saying, "Why didn't GM think of Uber?!" Uber has been valued higher than GM's current $52 billion market capitalization. What if GM had had a bright idea like a ...

General Motors Company GM reported that it will invest more than $100 million for the development of its two assembly plants located in Michigan namely, Orion Township and Brownstown. This investment will be done to upgrade the plants for manufacturing the self-driving vehicle, Cruise AV. The model is ...

General Motors is preparing to launch its own peer-to-peer car-sharing service this summer, according to Bloomberg. Car owners can list and rent out their own personal cars when they aren't using them, much like Airbnb users do with their homes and apartments. It's another sign of the auto industry ...

General Motors has filled its vacant human resources chief spot with Kimberly Brycz, a 36-year company veteran who has been called one of the leading women in the North American automotive industry. Brycz, who becomes senior vice president of global human resources, succeeds Jose Tomas, who left ...

General Motors (GM) has proposed $2.8 billion fresh investment in South Korea over the next 10 years as part of its plan to restructure its embattled unit in the country, according to a South Korean senior government official. Meanwhile, the South Korean government has asked for an audit into GM's ...

A security researcher recently notified General Motors that they had found a way to circumvent data limits on the OnStar wi-fi hotspot systems included in many of its vehicles, grabbing unlimited free wi-fi access. The flaw was reported through GM's 2-year-old vulnerability disclosure program and was ...

General Motors Company GM announced that it is laying off around 1,500 workers at its plant in Lordstown, OH, per CNBC. The auto giant took such a decision due to the dramatically slowing demand for compact cars. Notably, the plant manufactures only the Chevy Cruze model and it employs around ...

General Motors' (NYSE:GM) Cadillac luxury brand unveiled its all-new XT4, a compact crossover SUV, in New York on Tuesday evening. The XT4 is a much-needed product for Cadillac, which has struggled to build momentum in the U.S. with a sedan-heavy lineup at a time when American carbuyers are ...

For example, the PEG ratio for General Motors is just 0.7, a level that is lower than the industry average of 1.1. The PEG ratio is a modified PE ratio that takes into account the stock's earnings growth rate. Additionally, its P/CF ratio (another great indicator of value) comes in at 2.3, which is far better than the ...

The auto industry continued to do well in 2017, and both Ford Motor (NYSE: F) and General Motors (NYSE: GM) were able to continue their runs of strong sales years. Unfortunately, shareholders haven't entirely benefited from the favorable business conditions that Ford and GM have seen, and recent ...