Stocks of GM and Ford took a hit, amid concerns that Trump's plan for tariffs on imports from Mexico and Canada could cut auto sales more than a million cars.
The president-elect will waste little time in making good on his campaign promise, pledging to impose 25% levies on Mexico and Canada on his first day back in the White House.
General Motors is set to become the first U.S. automaker with a Formula 1 team when a Cadillac-branded team joins the racing series in 2026, F1 announced Monday, ending a yearslong battle between the league and former driver Michael Andretti, who initially proposed the new team.
Once upon a time, during the post-WWII Eisenhower administration, CEO Charles Wilson of General Motors ( NYSE: GM ) was nominated for Secretary of Defense.
General Motors' Q3 earnings beat expectations, with non-GAAP EPS of $2.96 and revenue of $48.8 billion, driving a 20% stock increase since my last analysis. I maintain a $77 price target for GM, citing strong free cash flow, profit growth, and a compelling valuation despite long-term uncertainties in EV and AV markets. Near-term technicals are bullish, with the stock above key moving averages a...
My Dean's List is a small group of companies earning top grades across all five of Seeking Alpha's Quant factors, signifying "excellence" in valuation, growth, profitability, momentum, and EPS revisions. Of this group, General Motors is my top pick for 2025 due to improving EV momentum, an attractive valuation, and solid financial performance. Tenet Healthcare has crushed the market, driven by ...
GM reported a 10% sales growth in Q3, with North American sales up 16%, driven by trucks and SUVs. CEO Mary Barra emphasized optimizing ICE margins and accelerating EV profitability. GM's EV division is nearing profitability due to declining battery costs, improved technology, and increased volumes.
A General Motors-backed bid to enter Formula One as an 11th team in 2026 is now looking more likely to succeed after being previously rejected, multiple sources said on Friday.
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