GM Is Increasing Its Dividend. That Plus Other Good News Has The Stock Soaring.
GM provided a financial update ahead of an investor meeting that starts at 8 a.m. Eastern time.
GM to buy back $10 billion in shares, cut Cruise spending
General Motors said on Wednesday it will buy back $10 billion in shares and boost its dividend by 33%, even as it cuts spending at its troubled robotaxi unit Cruise and lowered profit expectations ...
GM's stock soars 5% after company reinstates 2023 guidance and announces $10 billion accelerated share buyback
General Motors Co.'s stock GM soared 5% early Wednesday, after the car maker said its reinstating its 2023 earnings guidance and conducting a $10 billion accelerated share buyback program. The comp...
GM initiates $10 billion buyback, boosts dividend and reinstates 2023 guidance after UAW strikes
GM pulled its guidance when it reported its third-quarter earnings on Oct. 24, citing volatility caused by the UAW negotiations and labor strikes.
GM to slash spending on self-driving unit Cruise after pedestrian accident: report
General Motors Company (NYSE:GM) is reducing spending on its self-driving unit Cruise after it suspended testing of its robotaxis following an accident involving a pedestrian, Financial Times repor...
GM to cut spending on Cruise after accident - FT
General Motors will scale back spending on its self-driving unit Cruise, after a pedestrian accident last month, Financial Times reported on Tuesday.
General Motors: Commitment To Self-Driving Revenue In Question With Ouster Of Cruise CEO
General Motors' growth strategy of autonomous robotaxis appears uncertain due to safety concerns and the resignation of Cruise's CEO. The company's plan to produce thousands of Origin vehicles for ...
General Motors' (GM) Cruise Battles Regulatory & Safety Woes
General Motors' (GM) subsidiary Cruise scales back its robotaxi ambitions to one city and delays Origin's production amid a challenging safety and regulatory landscape.
Why Is General Motors Company (GM) Down 3.1% Since Last Earnings Report?
General Motors Company (GM) reported earnings 30 days ago. What's next for the stock?
GM's Cruise halts Origin robotaxi work to focus on Chevy Bolt
Cruise, the driverless cars arm of General Motors Company (NYSE:GM), will recalibrate its strategy by halting production of its Origin robotaxi and focusing on its current Chevrolet Bolt autonomous...
GM's Cruise to Restart Autonomous Driving in Just One City. It's a Long Road Back.
General Motors' robotaxi unit Cruise is embarking on the path to rebuilding public trust amid safety concerns. It looks likely to be a long and slow road ahead.
GM's Cruise plans small relaunch of driverless robotaxis
Cruise aims to start putting its robotaxis back on the road in one city, the General Motors subsidiary indicated on Wednesday. It's unclear what that initial city that will be.
GM's Cruise driverless taxis will return in one city after despite being pulled off the road last week
General Motors Company (NYSE:GM) said it plans to relaunch its Cruise robotaxi division in a single city, just one week after announcing it would pause all on-road vehicle operations due to multipl...
GM's Cruise plans careful re-launch for driverless robotaxis - Axios
General Motors' robotaxi unit Cruise is planning a slow return to service starting in one city - potentially Texas or Arizona, Axios reported on Wednesday.
GM says it will not advertise in the Super Bowl this year
CNBC's Joe Kernen reports on the latest news.
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