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Auto Roundup: GM's Buyback Boost, LAD's Buyout Binge & More
Zacks· 1 day 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.
Another huge GM buyback makes it plain to see that Ford must follow suit to boost its stock
CNBC· 7 days agoGeneral Motors approved yet another stock buyback — adding to our frustration that portfolio name...
GM's move to the Hudson site in Detroit could cause a subsidies 'double dip'
Gannett via AOL· 4 days agoThis deal runs through Dec. 31, 2029, and then expires. What GM's headquarters employees pay in...
GM board approves another $6 billion share repurchase as automaker gains momentum
The Mining Journal· 5 days agoGeneral Motors has approved another $6 billion share repurchase as the Detroit automaker adds to its 2024 momentum. The Tuesday announcement follows a $10 billion ...
Gateway - Quartz
Quartz· 5 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 ...
GM Stock Rises on Buyback Plans
The Wall Street Journal· 7 days agoShares of General Motors rose Tuesday, climbing after the automaker's board approved a $6 billion stock buyback. + GM's stock was recently up 1.7%....
How GM Left Tesla in the Dust and Became the Top Car Stock of 2024
Barrons.com· 4 days agoThe other reason, which is probably more important, is that management is beefing up the stock’s...
GM lowers EV production goal in North America
Detroit News· 7 days agoGeneral Motors Co. is narrowing its 2024 electric-vehicle production goal by at least 50,000 units to between 200,000 and 250,000, down from 300,000, GM...
A Little Good News for General Motors Investors
The Motley Fool via AOL· 3 days agoFor instance, crosstown rival Ford Motor Company expects to burn roughly $5.5 billion from its model e EV business division. While GM doesn't break out...
GM board approves another $6 billion share repurchase as the automaker gains momentum
Midland Reporter-Telegram· 7 days agoGeneral Motors has approved another $6 billion share repurchase as the Detroit automaker adds to its 2024 momentum. The Tuesday announcement follows a $10 billion ...