General Motors (GM)
43.63
-0.10 (-0.23%)
NYSE · Last Trade: Apr 12th, 12:54 AM EDT
General Motors pauses production of its electric vans in Ontario due to slow sales, affecting 1,200 workers.
Via Benzinga · April 11, 2025
GM informed the union of temporary layoffs starting April 14 at CAMI Assembly. Workers will return in May for limited production, and thereafter, production will cease again, with operations idling until October 2025, Unifor said.
Via Stocktwits · April 11, 2025
Via Benzinga · April 11, 2025
Massive container ports and supply chains worldwide are bracing for impact as broad U.S. import tariffs reshape commerce.
Via Talk Markets · April 11, 2025
The European Union and China have agreed to explore setting minimum prices for Chinese-made electric vehicles.
Via Benzinga · April 11, 2025
Trump halts most tariffs for 90 days, but the auto sector still faces a 25% tariff. Report shows it could cost $108 Billion to the industry.
Via Benzinga · April 11, 2025
EV sector in US sees strong growth with 10% YoY increase in Q1 2025. Tesla still dominates with 43.5% sales share, followed by GM and Ford.
Via Benzinga · April 11, 2025
Shares of automotive manufacturer General Motors (NYSE:GM)
fell 5.9% in the afternoon session after UBS downgraded its rating from Buy to Neutral, signaling a more cautious outlook on the stock's near-term potential. The firm also lowered its price target from $64 to $51, citing reduced earnings expectations.
Via StockStory · April 10, 2025
The firm expects the net price of new vehicles in the U.S. to rise by about $2,000 to $4,000 over the next 6-12 months as car manufacturers pass on tariff-related costs, Reuters reported.
Via Stocktwits · April 10, 2025
Goldman Sachs slashes auto outlook, downgrades Ford, Lear & Visteon as tariffs and weak demand drag down Tesla, Rivian, and sector stocks.
Via Benzinga · April 10, 2025
Via Benzinga · April 10, 2025
UBS estimates that if left unmitigated, GM's annual cost headwind from tariffs could be $5B.
Via Stocktwits · April 10, 2025
General Motors trades at $44.26 per share and has moved almost in lockstep with the market over the last six months. The stock has lost 7.2% while the S&P 500 is down 7.7%. This may have investors wondering how to approach the situation.
Via StockStory · April 10, 2025
Trump faces criticism for keeping automotive import tariffs, causing uncertainty and disruption in industry
Via Benzinga · April 10, 2025
The post-tariff dip in GM stock may look like a buying opportunity, but before making a decision, investors may want to wait until the company's earnings report
Via MarketBeat · April 9, 2025
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how THOR Industries (NYSE:THO) and the rest of the automobile manufacturing stocks fared in Q4.
Via StockStory · April 9, 2025
Despite Donald Trump's tariffs sending shockwaves through the market, one analyst believes the domestic automotive industry will benefit.
Via Benzinga · April 9, 2025
China announces 34% tariff on U.S. goods; Trump threatens further hikes. Analysts warn of long-term damage to U.S. tech and auto supply chains.
Via Benzinga · April 8, 2025
Nouriel Roubini warned Monday that financial markets are mistaken about the Federal Reserve's willingness to step in.
Via Benzinga · April 7, 2025
--News Direct--
Via News Direct · April 7, 2025
Via Benzinga · April 7, 2025