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GM Stock Jumps As General Motors Forecasts Strong 2019 Earnings, Signals EV Shift

General Motors (GM ... carmaker foresees strong GM earnings in 2019 as well, affirming strength in its largest markets despite headwinds. GM also said its upscale Cadillac brand will be the "tip of ... read more

General Motors' China Sales Drop as it Shifts to SUVs

General Motors (NYSE:GM) said that its sales in China rose just 0.4% in February, as strong results for its Cadillac ... there are promising signs that GM's ongoing shift in emphasis toward premium ... read more

From $22 an hour to $11: GM job cuts in Ohio show a hot economy is still leaving parts of America behind

[When GM closes a plant, workers lose their jobs. But the city loses its spirit.] Most jobs Mezzapeso sees pay half of what ... The company reported near-record profits last year of $11.8 billion ... read more

FANG Stocks: What to Expect in 2019

Since then, that group of stocks has crushed the market, as you can see in this chart. Data by YCharts. All four of the stocks have benefited from rapidly growing revenue and profits, as well as a ... read more

Fiat Chrysler is thriving, but is open to a possible partner

With the spinoff of the Magneti Marelli parts unit nearing completion and profits projected to grow ... to the U.S., may want to team up with FCA, GM or Jaguar Land Rover. EV expense Marchionne ... read more

GM to slash jobs and production, drawing Trump's ire

The expenditures to bring those vehicles to production will start to hit with new batteries and body architectures designed to generate profits ... the “headwinds” GM faces as it deals with broader ... read more

GM raises full-year outlook as profits jump

Strong US demand for trucks and sport utility vehicles helped General ... More than 90 per cent of pre-tax profits came from North America, where profit margins rose to 12.1 per cent, from 10.5 per ... read more

GM sees higher 2019 profits on job cuts, solid US, China sales

General Motors projected strong 2019 profits ... vehicles coming to market, and by a full calendar year of sales of pickup trucks unveiled in 2018 that have been hot sellers amid low gasoline prices. ... read more

Mary Barra says GM board is closely involved in day-to-day decisions

As we start to think of something new or we see ... shift for the company," Jonas wrote in the Jan. 8 note. "We have no knowledge or strong opinion on a potential name change, but do not exclude the ... read more

General Motors' (GM) EV Plan in China Shifts to Low Gear

General Motors Company’s (GM - Free Report) plans to produce additional electric vehicles (EVs ... While Fox Factory sports a Zacks Rank #1 (Strong Buy), both Honda and Volvo carry a Zacks Rank #2 ... 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 ... read more

Fiat Chrysler's SUV Shift Lifts Profits, Confidence in Targets

“Marchionne’s shift to SUVs is paying off as you see a jump in profit with lower revenue ... He proposed a merger with General Motors Co., which also beat analyst estimates with third-quarter earnings ... read more