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As GM shifts to SUVs, it sees a strong jump in profits

During their 26 years of marriage, Bernie and Pam Burrier have driven mostly General Motors sedans. But four years ago, they switched to a three-row SUV and haven't looked back. "When our family comes ... read more

Strong Earnings Should Move General Motors Stock Higher

Even with strong earnings this week, Luke Lango argued that the rally in General Motors stock would fade — and I see his point ... Motors stock higher. GM did jump nicely after earnings ... read more

GM offers buyouts to cut costs after strong quarterly profit

The company said in a separate statement that it would consider layoffs after it sees the impact of the buyouts ... and demand remains strong in larger cities and for luxury vehicles, including GM's C... read more

General Motors Profits Are Soaring. So Why Are More Job Cuts Coming?

On October 31, General Motors announced two bits of news that sounded at odds with one another. In one statement, the automaker celebrated a $1 billion jump in profits ... described it as “a very stro... read more

GM to add shift at Tennessee plant making SUVs, crossovers

General Motors Co said it will start a third shift at its Spring Hill assembly plant to meet strong demand for its popular GMC Acadia midsize SUV and the Cadillac XT5 crossover, adding around 700 jobs ... read more

Why Automakers Try To Slow & Stifle The EV Revolution

Automakers would have to shift ... jump in, but frankly, everyone in the industry sees the light and is now going to do this, so we have to get moving fast. Yeeeeah. … Most shareholders of GM ... read more

Will Automakers' Shift From Sedan to SUVs Pull Up Sales?

Although General Motors Company ... reported a 60% rise in profits in the first quarter, attributed it to the robust sales of Jeep Wrangler SUV and Ram 1500 pickup truck. Fiat sports a Zacks Rank #1 ( ... read more

50 Companies to Watch in 2019

Still, pressure remains to report strong internet gains over the next few quarters ... 2019 concerning the constitutionality of directing Fannie’s and Freddie Mac’s profits to the Department of the Tr... read more

Netflix surges on user gains, strong profits

Netflix reported Tuesday a strong jump in profits and better-than-expected ... "These investments we see as very likely to help us to keep our revenue and operating profits growing for a very long tim... read more

General Motors: Markets Grand Mistake

The autonomous and electric vehicles ... and profits would allow for multiple expansion for the stock now trading at 7x EPS estimates. One only needs to look at these comparisons to Tesla to see how G... read more

GM posts $2.5 billion Q3 profit on strong results in key markets

Despite lower sales in the U.S. and China, GM was able to record strong results in both regions with a mix of higher priced vehicles and pricing power. North American profits of $2.8 billion, up $700 ... read more

GM, future-minded, has nagging near-term challenges

Single shifts GM's manufacturing ... vast bulk of the company's sales and profits, while emerging segments such as EVs and autonomous vehicles cost the automaker billions. Sound balance sheet That's n... read more