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GM lowers EV production targets amid slow demand, says EVs will show 'variable profit'
USA TODAY via Yahoo Finance· 2 hours agoThat's where the ... tax credits are helpful for consumers in the short run, but it's not like we...
Tech, Media & Telecom Roundup: Market Talk
The Wall Street Journal· 30 minutes agoPaul Jacobson says at the Deutsche Bank Global Auto Industry Conference that the company is putting $850 million into the company this month. That will...
GM Stock Extends Breakout With Huge Share Buybacks And Slower EV Ramp Ahead
Investor's Business Daily· 21 hours agoSales of electric vehicles and hybrid vehicles drove gains in May, both jumping roughly 65%. Both GM...
GM trims 2024 EV forecast amid slower-than-expected demand
NBC Universal via AOL· 1 day agoGeneral Motors is trimming its expected sales and production of all-electric vehicles this year, as...
Robotaxi-Focused Elon Musk Says GM 'Not Making The Right Moves' With $850M Investment In...
Benzinga· 8 hours agoLegacy automaker General Motors Corp. GM is preparing to invest oodles of money into its loss-making...
GM scales back EV production forecast, invests $850 million in Cruise
Automotive News· 22 hours agoCalifornia regulators indefinitely suspended Cruise's self-driving permits after the October incident, and GM conducted reviews of the company's incident response and its ...
GM gives troubled Cruise self-driving car unit $850M amid strategic review - SiliconANGLE
SiliconANGLE· 16 hours agoBloomberg reported that the announcement was made by GM Chief Financial Officer Paul Jacobson at an...
General Motors (GM) Rises Higher Than Market: Key Facts
Zacks via Yahoo Finance· 19 hours agoGeneral Motors (GM) closed the latest trading day at $48.21, indicating a +1.35% change from the...
Auto & Transport Roundup: Market Talk
The Wall Street Journal· 33 minutes agoPaul Jacobson says at the Deutsche Bank Global Auto Industry Conference that the company is putting $850 million into the company this month. That will...
GM Board Approves New $6 Billion Share Repurchase Authorization
The Auto Channel· 1 day agoGeneral Motors Co. announced today that its Board of Directors has approved a new share repurchase authorization to repurchase up to $6 billion of the company's outstanding common stock. "The ...
