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The Latest Breaking News from GM

Why General Motors Shares Are Falling Today

General Motors Co (NYSE: GM) is trading lower Tuesday after Morgan Stanley analyst Adam Jonas downgraded the stock from an Overweight rating to an Equal-Weight rating and lowered the price target from $75 to $55.

Benzinga

Morgan Stanley Downgrades This Auto Giant - Read Why

Morgan Stanley analyst Adam Jonas downgraded General Motors Co (NYSE:GM) from Overweight to Equal-Weight and reduced the price target to $55.00 from $75.00, implying an 8.48% upside. The analyst noted that the lower-than-expected 2022 guidance triggered the reduced price target. He expects GM to remain one holistic company for at least the next 12-18 months as…

Benzinga

GM Super Bowl Teaser Promises Dr. Evil Coming Back 'For Good'

There's another teaser featuring Rob Lowe's Number Two, with the tagline "everybody in."

Motor1

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Lightning eMotors Strikes Deal To Electrify Medium-Duty GM Platforms

The agreement makes Lightning eMotors the first GM Specialty Vehicle Manufacturer (SVM) to provide fully electric Class 3 through Class 6 commercial vehicles.

InsideEVs

EV Week In Review: Tesla Revs Up Supply Chain, Volkswagen Underlines China Thrust, Ford-GM Hint At Faster EV Transition, Fisker Bound For Europe And More

EV stocks rebounded following the weakness seen in the previous two weeks, thanks to the broader market recovery amid big tech news flow. The week witnessed monthly delivery updates from the Chinese EV trio, earnings reports from the Detroit duo, both of which are seriously pursuing EV transitions. Here are the…

Benzinga

GM agrees to electrify medium-duty trucks with Lightning eMotors

General Motors Co. is collaborating with Colorado-based Lightning eMotors to fully electrify commercial vehicles for use in several applications, including school buses, shuttle buses, delivery and work trucks.

Tribune News Service

Why GM Shares Are Falling After Ford's Earnings Report

Shares of automotive companies, including General Motors Company (NYSE: GM), are trading lower in sympathy with Ford Motor Company (NYSE: F) after the company reported worse-than-expected fourth-quarter EPS and automotive r

Benzinga

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Tesla's Topline Can Exceed Revenues Of GM And Ford Combined: Analyst Says When And How

Tesla Inc (NASDAQ: TSLA) is the frontrunner in EV manufacturing but it has some catching up to do before it can take the title as top auto industry leader. Morgan Stanley sees this as a very possible scenario.

Benzinga

Hybrid or EV? Pickups show how Toyota, Detroit Three differ on electrification

CARMEL VALLEY, California — Toyota is from Mars, Detroit automakers are from Venus.

Tribune News Service

Morgan Stanley’s Jonas: Tesla To Surpass GM, Ford US Market Share

He projects that this will happen within by the end of the decade, although it could be even sooner.

InsideEVs

Stanphyl Capital's Value Stock Pair Trade: Short Tesla, Long GM & Volkswagen

After another brutal year in 2021, Tesla Inc (NASDAQ: TSLA) short sellers are off to a strong start to 2022 with the stock down 14.3% year-to-date after the company was forced to recall 53

Benzinga

Auto workers vote for independent union at Mexico GM plant

Workers at a General Motors assembly plant in northern Mexico have voted for a new independent union to represent them after casting off a collective bargaining agreement negotiated by an old guard union last year

The Independent UK

Forget General Motors, Buy These 3 Auto Manufacturing Stocks Instead

Japanese automaker Toyota (TM) displaced General Motors (GM) last year as the highest-selling automobile manufacturer in the United States amid strong demand for EVs and hybrids. The rising acceptance of international car brands in the U.S. has caused domestic automobile manufacturers to lose market share. Given this backdrop, we believe…

StockNews.com

Pressure On President Biden To Acknowledge Tesla Has Gone Viral

While President Biden supports electric cars and has given much praise to GM, he simply won't admit Tesla exists. The pressure on the President is mounting.

InsideEVs

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Benzinga

Lightning eMotors, General Motors Collaborate To Electrify Medium Duty Trucks

Lightning eMotors Inc (NYSE:ZEV) has agreed with General Motors Co (NYSE:GM) to be the first GM Specialty Vehicle Manufacturer (SVM) to provide fully electric Class 3 through Class 6 commercial vehicles. Deal terms not disclosed. Lightning eMotors will electrify popular medium-duty truck platforms provided by GM, which can be used for several vehicle…

The Times of India

Tesla, who? Biden can’t bring himself to say it, irking Musk

WASHINGTON: President Joe Biden calls himself a union guy and a car guy, and he’s embraced electric vehicles as vital to his economic and climate ambitions.

Benzinga

What 5 Analyst Ratings Have To Say About General Motors

General Motors (NYSE:GM) has observed the following analyst ratings within the last quarter:

Benzinga

GM Reveals Strong Demand For Silverado EV: How Do The Numbers Stack Up Against Ford, Tesla And Rivian?

General Motors Co (NYSE: GM) announced its quarterly financial results Tuesday, which were accompanied by reservation numbers for some of its most highly anticipated electric vehicles.

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InsideEVs

Barra: GM Plans To Deliver 400K EVs In North America Through 2023

GM aims to deliver over 1 million EVs in North America through 2025, with some 600K being full-size trucks. It will also have a similar capacity in China.

InsideEVs

Chevrolet Silverado EV RST Poses Next To GMC Hummer EV SUV Edition 1

You'll need to wait a while for both to be delivered, as the 2024 Hummer EV SUV and 2024 Silverado EV RST FE are coming in spring and fall 2023, respectively.

Benzinga

Looking Beyond GM's Recent Sales Miss: Analysts Sees 'Nothing Negative'

General Motors Company (NYSE: GM) reported better-than-expected earnings for its fourth quarter, despite a sales miss due to the persistent chip shortage. The company said it sees FY22 net income of $9.4 billion to $10.8 billion.

InsideEVs

GM Already Has 110,000 Silverado EV, 59,000 Hummer EV Reservations

The automaker also announced that it has racked up more than 25,000 reservations for its BrightDrop EV600 and EV410 electric delivery vans from fleet customers.

Benzinga

GM Highlights 'Affordability' Push After Earnings Beat: Says Startups Aren't 'Targeting' Mass Adoption Of EVs In Apparent Dig At Tesla

General Motors Co (NYSE: GM) CEO Mary Barra highlighted the legacy automaker's push for "affordability" in the electric vehicles segement in a post-earnings call on Tuesday.

Tribune News Service

GM boosts profit through supply struggle, eyes EVs in '22 and beyond

General Motors Co. saw its way through several supply constraints last year and came out more profitable and ready to accelerate its electric vehicle plans.

Benzinga

General Motors: Q4 Earnings Insights

General Motors (NYSE:GM) reported its Q4 earnings results on Tuesday, February 1, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

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