GM's McNeill on EV market: Headlines are disconnected from the data
Jon McNeill, GM board member and former Tesla president, joins 'Squawk on the Street' to discuss why growth is not slowing in the electric vehicle market, if McNeill shares the popular worries for ...
General Motors Company (GM) Beats Stock Market Upswing: What Investors Need to Know
In the most recent trading session, General Motors Company (GM) closed at $36.70, indicating a +1.97% shift from the previous trading day.
GM's robotaxi unit Cruise offers money to settle California crash probe
General Motors' robotaxi unit Cruise is offering to settle an investigation by a California regulator of the company's failure to disclose details about a pedestrian-involved accident.
General Motors: Both Price And Dividends Can Rise
There's a disconnect between General Motors' average EPS growth of 68% over the past five years and a share price rise of just 4.7%, which reflects in its low price-to-earnings. It has had its chal...
GM robotaxi unit Cruise offers $75,000 to resolve California agency probe
General Motors Cruise robotaxi unit offered late on Friday to pay $75,000 to resolve an investigation by the California Public Utilities Commission over its failure to disclose details of an Oct. 2...
General Motors (GM) Logs Strong Growth in US Sales in 2023
General Motors (GM) delivers 2.6 million vehicles in the United States in 2023, up 14% year over year due to improvement in the supply chain and a rise in incentives.
Buy GM Stock to Play the EV Strategy and Falling Rates, Says Analyst
Wolfe Research analyst Rod Lache upgraded shares of General Motors to Buy from Hold, and set a $42 price target.
General Motors to offer $7,500 EV incentives
General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F) are adjusting their strategies in response to changes in US government tax credits for electric vehicles (EVs). GM is offering a $7,...
GM US vehicle sales hit four-year high in 2023
General Motors Co reported on Wednesday that its US vehicle sales rose 14.1% last year, marking the automaker's best annual performance since 2019. GM revealed it sold roughly 2.6 million vehicles...
GM Offers $7,500 Incentive To Make Up for Lost EV Tax Credits From New US Rules
General Motors (GM) shares dropped 1.8% in intraday trading Wednesday as the carmaker announced it would offer $7,500 in incentives to buyers of its electric vehicles (EVs) that are now ineligible ...
GM's EV Sales Are Booming Because Demand Is Just Fine
In 2023, GM battery-electric-vehicle sales nearly doubled. Yes, EV sales growth overall is indeed down, but demand remains steadfast.
GM retains crown as top-selling US automaker in 2023 despite costly strike
The Detroit automaker shrugged off a hit from a costly auto strike to report 2023 US new vehicle sales of 2,594,698 units, up 14.1% from last year.
GM sold 2.6 million autos in 2023 with EV sales rising 93%, but stock dives
Shares of General Motors Co. GM, -2.51% took a 2.5% dive in midday trading Wednesday, even as the automaker said it sold 2.6 million vehicles in the U.S. in 2023, up 14% from a year ago and enough ...
General Motors Reports a 14% Jump in U.S. Auto Sales in 2023
The nation's largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
GM offers $7,500 incentive for EVs losing tax credit
General Motors said Wednesday it is offering $7,500 incentives on its electric vehicles that lost a U.S. government tax credit this week.
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