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Auto Roundup: GM's Buyback Boost, LAD's Buyout Binge & More
Zacks· 2 days agoWhile General Motors (GM) authorizes an additional $6 billion in stock repurchase program, Lithia (LAD) continues with its acquisition spree by entering into the Memphis market.
Analysts revamp GM stock price targets after union deal, buyback
TheStreet via Yahoo Finance· 6 days ago"This allows us to continue returning cash to shareholders." In November 2023, GM unveiled a $10 ...
A Massive Stock Buyback You Don't Want to Miss
The Motley Fool via AOL· 6 days agoGeneral Motors (NYSE: GM) just announced a $6 billion buyback that will reduce shares outstanding by over 10% at today's stock price. The pace of buybacks ...
Gateway - Quartz
Quartz· 11 hours agoGeneral Motors (GM) beat revenue expectations for the second fiscal quarter and met its electric vehicle (EV) production target for the first half of the year, CEO Mary Barra ...
How Elon Musk Could Spend $56 Billion, From Picassos to Skateboards
Barrons.com· 4 days agoMusk could order 560,000 of them. Another company. Based on market capitalization, Musk’s $56 ...
BofA affirms General Motors' improved outlook, keeps stock buy-rated By Investing.com
Investing.com· 6 days agoThe affirmation came after GM's Executive Vice President and Chief Financial Officer, Paul Jacobson,...
Gateway - Jalopnik
Jalopnik· 1 day agoGeneral Motors and Samsung’s battery plant in northern Indiana is taking shape, per Automotive News. GM and LG are running one battery plant currently and have two more in ...
Robotaxi-Focused Elon Musk Says GM 'Not Making The Right Moves' With $850M Investment In...
Benzinga· 7 days agoTSLA CEO Elon Musk thinks it’s a really bad idea. What Happened:GM’s CFO Paul Jacobson on Tuesday...
Gateway - Jalopnik
Jalopnik· 6 hours agoBMW, as the WSJ notes, has been doing just fine with healthy supplier relationships and low-volume, high-profit-margin vehicles. The Bavarian company seems to have been less impacted by the ...
Gateway - Jalopnik
Jalopnik· 12 hours agoGeneral Motors is reportedly in the midst of cutting about 500 executive-level and salaried jobs. The move also comes during a time where GM is reportedly seeing some really ...
