(RTTNews) - Shares of General Motors Co. (GM) were gaining around 3 percent in pre-market activity on the NYSE after the automajor raised its fiscal 2024 adjusted earnings view in line or above ...
General Motors (GM) continued its run this year, topping Wall Street’s estimates again in the third quarter. After outpacing Ford and Hyundai in Q3, GM is now the second-best-selling EV maker in ...
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Truck and SUV profits underpin GM's profits GM previously reported a slight fall in vehicle deliveries, roughly in line with an industry dip in the three months ending September 30. But average ...
Mary Barra is sounding the alarm. GM’s CEO warned that China’s escalating EV price war is putting automakers globally under intense pressure. Although she called it a “race to the bottom ...
The carmaker reported Tuesday morning that it had a great quarter. GM said it expects to generate $14 billion to $15 billion in pretax profit this year — up from its estimate earlier in the year.
Lithium Americas Corp., a Canadian mining company, announced in a press release on Wednesday that GM was investing a total of $625 million to fund the mining of lithium carbonate, a critical ...
That means GM is selling cars at higher average prices this year than it was in 2023. Its average transaction price in North America reached nearly $50,000. GM last year estimated that the strike ...
GM stock has gained 34% this year, driven by expectations of improving profitability and higher truck sales. This compares to rival Ford stock, which has seen its stock fall by almost 10% over the ...
"GM will begin winding down operations at Kapuskasing Proving Grounds, which has made significant contributions to GM’s North American cold weather testing for over 50 years," GM Canada ...
The move increases GM's investment in the project by an additional $325 million to $950 million after an initial investment announced last year. It also gives the automaker a partial ownership ...
GM shares hit their highest since February 2022 GM's Q3 adj. EPS of $2.96 exceeds estimates of $2.43 China operations to be restructured; lost $137 mln in Q3 To offset softer pricing next year ...