General Motors Stock News

Honda is committed to an all-electric fleet by 2040, focusing on North American production and innovative manufacturing processes like megacasting. Despite ending a low-cost EV partnership with GM, Honda continues investing heavily in electrification, aiming for 100% EV and FCEV sales by 2040. Honda's stock is undervalued with a P/E ratio lower than Toyota's, making it a solid choice for long-t...

In early October 2024, Rio Tinto Group NYSE: RIO—the third-largest mining company worldwide—shook up the industry by announcing that it would acquire Arcadium Lithium plc NYSE: ALTM for $6.7 billion in cash. The global lithium mining market is valued at around $400 million but is growing fast thanks to surging demand for the metal as a key component in powering electric vehicles, consumer elect...

General Motors posted a better-than-expected set of Q3 2024 results, sending the stock up by close to 10% on Tuesday, taking its total gains for the year to about 50%. Revenue rose 10.5% year-over-year to $48.8 billion, while net income attributable to stockholders stood at $3.1 billion, led by strong performance in North America.

Trump's proposed tariffs could have far-reaching effects.

Investors could have a better option with GM at a fraction of the valuation of Tesla.

GM defied expectations this earnings season by offsetting EV headwinds and labor costs with higher vehicle pricing, signaling strong profit potential despite broader industry challenges. Homebuilders like Pulte have thrived post-COVID by leveraging mortgage incentives and steady pricing, maintaining growth even as higher interest rates strain the housing market. Polaris, once buoyed by pandemic...

General Motors has seen a 49% YTD gain, outperforming the S&P 500, driven by strong earnings and revenue growth, and raised 2024 guidance. GM's adjusted EPS of $2.96 beat estimates by 21.81%, and revenue of $48.8 billion surpassed expectations by 9.35%, prompting upward revisions in EBIT and cash flow guidance. Despite challenges in China, GM's North American segment showed robust EBIT growth a...

In a year of disappointing returns for auto companies, General Motors NYSE: GM has excelled among them. The stock has provided investors with a total return of just around 51% this year, the highest mark among automakers traded on U.S. exchanges.