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All contractual milestones under the General Motors LLC (GM) and Stellantis N.V. (Stellantis) offtake and funding packages on track.
Source: https://investingnews.com.au/element-25-usa-hpmsm-processing-facility-project-execution-update
Allspring Global Investments Holdings LLC reduced its stake in General Motors () (TSE:GMM.
At midnight on Thursday, 13,000 workers left the assembly lines at General Motors, Ford and Chrysler.
Automaker General Motors (GM) is laying off hundreds of workers from the company as it follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits, the media reported.
Source: https://www.canindia.com/general-motors-lays-off-500-workers-to-cut-costs/
Autoworkers in Canada ratified a new labor contract Sunday with General Motors, averting a resumption of a strike that had lasted about 13 hours on Tuesday.
Before announcing its Q3 earnings, General Motors published details of its latest offer to the union’s leadership team, including a wage increase of 23% over 4.5 years.
Source: https://investorplace.com/2023/10/best-under-the-radar-stocks-3-that-ai-predicts-will-soar-in-q4/
Ben Affleck (and wife Jennifer Lopez), Bradley Cooper (and his mother), Will Ferrell, Melissa McCarthy, and Sylvester Stallone were among the big-name stars to feature in ads for General Motors x Netflix, Booking.
Source: https://comicbook.com/tv-shows/news/2023-super-bowl-ads-ranked-youtube-views-super-bowl-commercials/
But back in 1995, General Motors wasn’t interested in contesting the world’s greatest endurance race, so it fell on Doug Rippie Motorsport to bring America’s sports car to the Mulsanne.
Source: https://jalopnik.com/these-are-10-of-the-unlikeliest-race-cars-of-all-time-1850107877
Cullen Frost Bankers Inc. increased its position in General Motors by 26.1% in the first quarter.
DETROIT — General Motors Co. said today that its entire electric vehicle portfolio would be equipped with vehicle-to-home charging technology by model year 2026.
Source: https://businessjournaldaily.com/chamber-director-emphasizes-need-for-ev-infrastructure/
DETROIT -- The United Auto Workers union overwhelmingly ratified a new contract with Ford, a pact that, along with similar deals with General Motors and Stellantis, will raise pay…
Element 25 and General Motors LLC sign definitive agreement for the supply of battery grade HPMSM for GM’s electric vehicle battery requirements in their UltiumTM battery plants.
Source: https://investingnews.com.au/e25-quarterly-activities-report-june-2023
Finally, Herbst Group LLC boosted its position in General Motors by 0.5% during the fourth quarter.
Source: https://www.etfdailynews.com/2023/07/12/d-a-davidson-co-increases-stake-in-general-motors-nysegm/
Ford, General Motors and Stellantis built up inventories of vehicles ahead of Thursday night’s strike, and the UAW decided to limit the walkout to just three plants – at least for now.
From a purely fundamental perspective, the have been an interesting ride for General Motors and its investors.
General Motors and Ram are both expected to join the range in 2024.
Source: https://www.sootoday.com/local-news/electric-pickup-truck-dont-be-so-quick-to-scoff-8041459
General Motors co-developed the Bolt with South Korea’s LG Corporation, with that company handling both the battery and drivetrain componentry and GM leading packaging and design.
Source: https://jalopnik.com/at-18-000-is-this-2017-chevy-bolt-a-good-deal-1850082116
General Motors extended a strong year as it posted an about 21 per cent rise in U.S. sales to 674,336 vehicles, benefiting from demand for its pickup trucks, affordable crossover SUVs and electric vehicles.
General Motors () is forecast to have been the market share leader at 17.2% after seeing a 15.9% Y/Y gain.
General Motors is one of the companies having issue with this trajectory, claiming it would require vastly greater EV sales—even though by 2032 it expects several of its brands to be fully electric.
Source: https://www.greencarreports.com/news/1141684_house-vote-biden-emissions-rules-ev-mandate