GM - General Motors Company
| Previous close | 43.57 |
| Open | 43.28 |
| Bid | 43.53 x 4000 |
| Ask | 43.69 x 1000 |
| Day's range | 42.76 - 45.00 |
| 52-week range | 33.86 - 46.76 |
| Volume | 23,838,541 |
| Avg. volume | 11,659,325 |
| Market cap | 61.889B |
| Beta | 1.59 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -3.79 |
| Earnings date | 23 Jul 2018 - 27 Jul 2018 |
| Forward dividend & yield | 1.52 (3.39%) |
| Ex-dividend date | 2018-06-07 |
| 1y target est | 48.76 |
- The Wall Street Journal•13 hours ago
U.S. Auto Makers Are Putting Smaller Engines Into Big Trucks So They Guzzle Less Gas
Big U.S. auto makers are racing to equip pickup trucks with fuel-efficient engines, a surprising pivot away from their longstanding practice of putting gas-guzzling engines into large vehicles. Ford Motor Co., General Motors Co. and Fiat Chrysler Automobiles NV all now are betting truck buyers want better gas mileage in addition to raw horsepower.
- Barrons.com•2 days ago
[$$] American Axle Is One of the Cheapest Stocks Around
“Buy low” refers to stock valuations, not proximity to the ground, but it turns out that a leading player in vehicle underbellies, American Axle & Manufacturing Holdings, trades at a down-to-earth price with plenty of upside potential. Key concerns surrounding the Detroit-based company—high debt, heavy reliance on General Motors (GM) for orders, and exposure to a near-term slowdown in North American vehicle demand and to the long-term rise of electric cars—appear overstated or misplaced. The valuation is alluring: Over the next five years, American Axle could generate enough free cash to cover its entire stock market value of $1.9 billion.
- The Wall Street Journal•2 days ago
[$$] U.S., China Tariffs Hit American-Made Products from Chips to Cars
Chip makers, auto makers and soybean farmers are among those facing the brunt of tit-for-tat tariffs imposed by the U.S. and China in unexpected ways. President Donald Trump’s plan to impose tariffs on about $50 billion of Chinese goods will force American semiconductor companies to pay duties on their own products because of the complexities of global supply chains, according to the Semiconductor Industry Association. Most chips American companies import from China are designed in the U.S., and some of their components are made domestically before they are shipped to the Asian country for assembly, testing and packaging.
Reuters•3 days agoTrump sets tariffs on $50 billion in Chinese goods; Beijing strikes back
WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world's two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind. Trump laid out a list of more than 800 strategically important imports from China that would be subject to a 25 percent tariff starting on July 6, including cars, the latest hardline stance on trade by a U.S. president who has already been wrangling with allies. China's Commerce Ministry said it would respond with tariffs "of the same scale and strength" and that any previous trade deals with Trump were "invalid." The official Xinhua news agency said China would impose 25 percent tariffs on 659 U.S. products, ranging from soybeans and autos to seafood.
- Investor's Business Daily•3 days ago
GM May List Shares Of Cruise Self-Driving Unit: Report
General Motors is mulling options for its Cruise Automation self-driving car unit. They include a public offering of shares, listing a separate tracking stock to reflect its value, or spinning off the unit,
- The Wall Street Journal•3 days ago
[$$] Why Companies Have the Urge to Merge
Wall Street cared about which company delivered the most motorcycles or signed up the most cable subscribers or sold the most packaged goods. AT&T Inc.’s $81 billion purchase of Time Warner Inc. is the latest indication that trying to be the biggest and best at what you do is no longer good enough. Now, in an era when digital titans are redrawing the boundaries between industries and devouring traditional players, AT&T needs to transform into something entirely different: a media and entertainment powerhouse.
- Motley Fool•3 days ago
3 Great Dividend-Paying Stocks for Beginners
Here's what beginning dividend investors should know, and some stocks that could make great first investments.
- CNBC•3 days ago
General Motors considering listing shares of Cruise self-driving unit: Report
GM's autonomous technology unit also recently received a significant investment from Softbank.
- Investor's Business Daily•3 days ago
Ford Gets A New Self-Driving Roadmap, Literally, With This Partner
Ford's Autonomic will team with startup RideOS, which develops self-driving car routing software, accelerating Ford's plan to roll out a robotaxi service by 2021.
- Bloomberg•3 days ago
GM Is Exploring Listing Shares of Cruise Self-Driving Unit
General Motors Co. is having early discussions internally and with banks about strategic options for its self-driving car unit Cruise Automation, according to people familiar with the matter. The largest U.S. automaker is researching possibilities including a public offering of shares, listing a separate tracking stock to reflect its value, or spinning off the unit, said the people, who asked not to be identified because the discussions are private. GM won’t make a decision until Cruise is further along in development and may not take any action for a couple of years, if at all.
- Bloomberg•3 days ago
A Buick SUV May Cost an Extra $8,000 After Trump's China Tariffs
Buick buyers may be in for some sticker shock after President Donald Trump’s tariffs on $50 billion in Chinese imports. The General Motors Co. brand’s Envision sport utility vehicle, which starts at $31,995, is among the handful of autos imported into the U.S. from China. With the Trump administration planning to impose 25 percent duties on products including motor vehicles, each of the SUVs could be subject to levies of about $8,000.
Market Realist•3 days agoElon Musk: ‘It’s Really Difficult’ to Be a Large-Scale Automaker
In the last few quarters, Tesla has been struggling to resolve production issues with its first mass-market electric car, the Model 3. During Tesla’s recent shareholder meeting, Musk commented that it’s not easy to become a large-scale automaker.
- Motley Fool•4 days ago
What Investors Need to Know About Driverless Cars
Here's the rundown on what could be the next great technological revolution.
- Oilprice.com•4 days ago
EV Makers Receive Little Support From Trump
Electric vehicle makers find themselves between a rock and hard place as the Trump administration has not done much for them in terms of EV incentives
- Motley Fool•4 days ago
Why Toyota Just Made a Billion-Dollar Bet on Ride-Hailing
Toyota's big investment in Singapore-based Grab is about defending its turf from global rivals.
Yahoo Finance•4 days agoTailored Brands gets hammered, Michaels disappoints, Sprint to drop $15 unlimited
Tailored Brands, Michael's, Sprint and GM are the companies to watch.
- The Wall Street Journal•4 days ago
[$$] Ford Leads Auto Makers in the Management Top 250
Ford, at No. 30, was lifted by its performance on employee engagement and development, which is measured by third-party metrics that assess things like employees’ views on their jobs and employers, and employees’ self-reported pay versus that of their peers at other companies. Ford’s performance on the employee metrics was in the top 5% of all the companies studied, across industries.
- Zacks•4 days ago
Auto Stock Roundup: TSLA to Lay Off, GM & HMC to Collaborate on EV Batteries
General Motors (GM) and Honda (HMC) ink a deal to develop batteries for EVs. Tesla (TSLA) to cut the workforce for becoming sustainably profitable without compromising on Model 3 sedan production goals.
- Zacks•4 days ago
Magna (MGA) & May Mobility to Develop Autonomous Shuttle
Magna (MGA) partners with MI-based May Mobility to co-develop self-driving electric shuttle, which is scheduled to be introduced in June 2018.
- Zacks•4 days ago
Nissan (NSANY) Aims to Grow Market Share Outside America
After witnessing declining profit in North America, Nissan (NSANY) now focuses on Asian and African markets.
- The Wall Street Journal•4 days ago
General Motors CFO Chuck Stevens to Retire After 40 Years with Auto Maker
General Motors Co. finance chief Chuck Stevens is set to relinquish his post at the end of August ahead of his retirement next year after more than 40 years with the auto maker. Dhivya Suryadevara, 39 years old, will take over as chief financial officer on Sept. 1, the company said Wednesday. Mr. Stevens, 58, became GM’s finance chief January 2014, the same time that Chief Executive Mary Barra became the first woman to head a major auto company.
- Bloomberg•5 days ago
General Motors names new CFO
General Motors just named its first female CFO #tictocnews https://bloom.bg/2JCpRxC (Source: Bloomberg)
- Investor's Business Daily•5 days ago
This May Be The Biggest Bet Ever In Ride Hailing By An Automaker
Toyota Motor will invest $1 billion in Grab Holdings, a Southeast Asian ride-hailing startup, as global automakers brace for massive disruptions in personal mobility.
- Forbes•5 days ago
Another Woman At The Top Of GM: 39-Year-Old Finance Whiz Dhivya Suryadevara Is New CFO
Dhivya Suryadevara, vice president, Corporate Finance, has been named as Chief Financial Officer, effective Sept. 1, 2018. General Motors Chief Executive Mary Barra, who broke the glass ceiling as the first female chief executive in the global auto industry, has selected another high-achieving woman to join her in the executive suite. Dhivya Suryadevara, 39, will take over as GM's chief financial officer on September 1, replacing Chuck Stevens, who is retiring after 40 years with the automaker.
- Reuters•5 days ago
U.S. automaker GM names Suryadevara CFO to succeed Stevens
Suryadevara, 39, has played an integral role in some significant deals GM has made as it has restructured operations over the past several years, including the divestiture of the company's European arm Opel and the acquisition of self-driving vehicle startup Cruise. During her 13 years with the Detroit-based company, Suryadevara helped achieve ratings upgrades from all three credit ratings agencies, completed $2 billion in notes issuance to fund discretionary pension contributions and upsized and renewed GM's $14.5 billion revolving credit facility, the company said.
