General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands.
UBS Upgrades General Motors to Buy From Neutral, Adjusts Price Target to $44 From $41.
UBS Upgrades General Motors to Buy From Neutral, Adjusts Price Target to $44 From $41 Read Post »
General Motors Co Says Under Offer, Offers A Ratification Bonus Of $5,500 For All Employees; For Most Employees 10% Increase In Wages, Current Temporary Employees Will Receive 20% Increase To $20/Hr Wage.
General Motors :For Most Employees 10% Increase In Wages Read Post »
RBC Capital analyst Tom Narayan reiterates General Motors (NYSE:GM) with a Outperform and maintains $48 price target.
RBC Capital maintains General Motors (NYSE:GM) $48 price target Read Post »
RBC Capital analyst Tom Narayan reiterates General Motors (NYSE:GM) with a Outperform and maintains $48 price target.
RBC Capital maintains General Motors (NYSE:GM) $48 price target Read Post »
General Motors Company (NYSE:GM) reported Q2 adjusted diluted earnings of $1.91 per share, up from $1.14 a year earlier. Analysts polled by Capital IQ expected $1.83 normalized. Revenue for the quarter that ended June 30 was $44.75 billion, up from $35.76 billion a year earlier. Analysts surveyed by Capital IQ expected $42.36 billion. The company said it now expects full-year 2023 adjusted diluted earnings of $7.15 to $8.15, versus its prior forecast of $6.35 to $7.35. Analysts surveyed by Capital IQ expect $7.06 normalized. The company projected revenue of more than $225 billion in 2025, equivalent to a compound annual growth rate of about 12%.
General Motors (NYSE:GM) Q2 Adjusted Earnings, Sales Increase Read Post »
Citigroup Raises General Motors (NYSE:GM) Price Target to $95 From $89, Buy Rating Maintained。
Citigroup Raises General Motors (NYSE:GM) Price Target to $95 From $89 Read Post »
Mizuho analyst Vijay Rakesh initiates coverage on General Motors (NYSE:GM) with a Neutral rating and announces Price Target of $39.
Mizuho announced General Motors (NYSE:GM) Price Target of $39 Read Post »
General Motors (NYSE:GM) CEO Bora: Stronger-than-expected car sales in the first quarter of 2023.
General Motors (NYSE:GM) CEO Bora: is working to increase production of Hummer electric vehicles.
General Motors (NYSE:GM) CEO Bora: will produce 50,000 electric vehicles in the first half of 2023.
General Motors (NYSE:GM) CEO: Robotaxis will be a huge business growth point for the company.
Goldman Sachs reported that General Motors (NYSE:GM) revenue and earnings per share in the fourth quarter of last year were $43.1 billion and $2.12, respectively, better than the market’s original expectations of $40 billion and $1.69, respectively. The company’s adjusted EBIT of US$3.8 billion last quarter was also better than market expectations of $3.2 billion. The company’s guidance for EBIT for this year is $10.5 billion to $12.5 billion, with earnings per share ranging from $6 to $7, higher than market and the bank’s expectations. The bank pointed out that GM’s results increased sharply in the fourth quarter of last year, and believes that a number of factors contributed to this year’s EBIT guidance better than expected, including net price and cost savings. Goldman Sachs raised GM’s earnings per share forecast from $5.15, $6 and $7.25 from $5.15, $6 and $7.25 to $6.25, $6.5 and $7.55, respectively. The bank raised