General Motors Company stock price

General Motors Company latest news:


  • 02/19/2018 00:17:12

    South Korea's Moon bemoans GM plant closure, calls on government to be stern in U.S. trade talks

    SEOUL (Reuters) - South Korean President Moon Jae-in said on Monday General Motors Co's decision to shut down a factory south of Seoul will be a blow to the region and asked relevant government ministries to take measures to shore up economic activity there.

  • 02/16/2018 14:02:13

    Tesla delays, tax credit concerns spur sales of Chevy Bolts

    Some potential buyers of Tesla's long-delayed Model 3 sedan are concerned that they will miss out on big federal tax breaks and are looking for alternatives, including General Motors Co's Chevrolet Bolt, according to postings by would-be Tesla buyers on websites and interviews with GM dealers.

  • 02/14/2018 16:06:51

    Appaloosa ups investments in Micron, Facebook, Apple, adds new bets in Caesars, MGM in 4th quarter

    Billionaire hedge-fund investor David Tepper's Appaloosa Management was a buyer of technology, energy and bank shares in the fourth quarter, according to a Wednesday regulatory filing. Between the end of the third and fourth quarter, Appaloosa boosted its stake in Bank of America Corp. , upping his position by 170% to 10.8 million shares. He also increased his stake in Apple Inc. , raising that investment to 3.2 million shares and raising his stake in Micron Technology Inc. to 10.45 million shares, representing his largest holding according to WhaleWisdom.com. The hedge-fund luminary also lifted his position in Facebook Inc. by about 70% to 2.2 million shares, while adding to his holdings in the tech-heavy PowerShares QQQ Trust Series 1 to 4.3 million shares. Meanwhile, Tepper took a long position in the exchange-traded Financial Select Sector SPDR ETF , purchasing $280 million worth, though the fund also sold call options in the ETF worth $35 million. Call options give the holder the right but not the obligation to buy an asset a set price and time. Appaloosa also made bullish bets in the energy-centered Energy Select Sector SPDR ETF for $35 million. The investor was a buyer in gambling assets, with new stakes in Caesars Entertainment Corp. , about 5.86 million shares, and MGM Resorts International , where he picked up 2.3 million shares, from the end of the third quarter. Tepper notably divested his entire stake in Kinder Morgan Inc. , Chesapeake Energy Corp. , Whirlpool Corp. and General Motors , recent filings showed. Large investors are required to reveal their long equity holdings at the end of each quarter in filings with the Securities and Exchange Commission.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/14/2018 15:33:38

    Einhorn adds to Brighthouse stake, trims GM in fourth quarter

    Billionaire hedge fund investor David Einhorn's Greenlight Capital, as previously disclosed, boosted its stake in Brighthouse Financial Inc. and took a small stake in Twitter Inc. in the final quarter of 2018, while trimming holdings of General Motors Co. , according to a regulatory filing on Wednesday. In a 13-F form filed with the Securities and Exchange Commission, the fund said it boosted its holdings in Brighthouse by more than 4.2 million shares to a total of 11 million shares. It also bought nearly 2.8 million Twitter shares. Greenlight reduced its stake in GM by nearly 8.7 million shares from the end of the third quarter, leaving it with a stake of around 25.8 million shares. GM still made up the largest chunk of the fund's reported portfolio at 19.3%, while Brighthouse was No. 2 at 11.7%, according to filings tracking firm Whalewisdom.com.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/14/2018 00:02:40

    South Korea union says GM plant closure move is 'death sentence', threatens strike

    Workers at a General Motors (GM) plant in South Korea that the U.S. automaker plans to close staged a protest on Wednesday, calling the decision a "death sentence" and threatening a strike. GM announced on Tuesday it will shutter the plant in Gunsan, in South Korea's southwest, by May and decide within weeks on the fate of the remaining three plants in the country.

  • 02/08/2018 21:03:10

    S.Korea weighs options for GM Korea - finance minister

    South Korea is considering several options regarding General Motors Co's (GM) operations in the country, the finance minister said on Friday after the U.S. automaker called for cooperation over its restructuring efforts. GM's Korea operations have been struggling with rising labour costs and slumping domestic sales, fuelling concerns over a potential pullout.

  • 02/08/2018 21:02:36

    South Korea weighs options for GM Korea: finance minister

    SEOUL (Reuters) - South Korea is considering several options regarding General Motors Co's operations in the country, the finance minister said on Friday after the U.S. automaker called for cooperation over its restructuring efforts.

  • 02/07/2018 23:40:34

    GM's January China vehicle sales climb 14.5 pct y/y

    General Motors Co’s sales in China last month increased 14.5 percent from a year earlier to 367,712 vehicles, the U.S. automaker said on Thursday. The results compare to a 13.1 percent year-on-year increase in volume GM achieved in December. GM’s sales volume in 2017 was 4.04 million vehicles, up 4.4 percent from the same period a year ago.

  • 02/07/2018 12:55:37

    For 3rd time, General Motors seeks to avoid Takata recalls

    For the third time in three years, General Motors has asked the U.S. government for permission to avoid recalls of potentially deadly Takata air bag inflators

  • 02/06/2018 10:48:32

    If interest rates rise, GM likely to expand subsidized loans

    If auto loan interest rates rise as expected this year, General Motors and others are likely to make more subsidized loans including zero-percent financing, the company's chief financial officer said

  • 02/06/2018 09:24:32

    After profit beat, GM looks to trucks, SUVs to rev up margins

    DETROIT (Reuters) - General Motors Co said on Tuesday a richer mix of full-size pickups and mid-size SUVs in North America should help it offset higher commodity costs in 2018 and maintain pretax margins above 10 percent.

  • 02/06/2018 05:48:59

    General Motors' stock gains after earnings beat expectations

    Shares of General Motors Co. gained 0.2% in premarket trade Tuesday, bucking the selloff in the broader stock market, after the automaker reported fourth-quarter earnings that beat expectations. Dow futures were down 168 points in recent trade. GM's net loss for the quarter to Dec. 31 was $5.17 billion, or $3.65 a share, after a profit of $1.84 billion, or $1.19 a share, in the same period a year ago. Excluding non-recurring items, such as a $7.3 billion non-cash charge related to tax legislation and a $6.2 billion non-cash charge from the sale of Opel/Vauxhall, adjusted earnings per share came to $1.65, above the FactSet consensus of $1.39. Revenue fell 5.5% to $3.72 billion from $39.90 billion, but topped the FactSet consensus of $36.98 billion. Vehicle sales for 2017 totaled 8.9 million, up 0.8% from 2016. The company ended 2017 with an underfunded pension position of $14.1 billion, compared with $18.2 billion at the end of 2016. The stock has lost 6.2% over the past three months through Monday, while the Dow Jones Industrial Average has gained 3.4%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/30/2018 00:24:18

    GM to launch 15 new and redesigned models in China this year

    BEIJING (Reuters) - General Motors Co plans to launch 15 new and redesigned vehicles in China this year, in a bid to "strengthen sales momentum" in the world's biggest automobile market, the company said on Tuesday.

  • 01/21/2018 21:25:36

    Billionaire Gupta looks to make electric cars in Australia

    British industrialist Sanjeev Gupta is set to bid for industrial assets at General Motors Co's (GM) former Holden manufacturing site in South Australia, according to the state's treasurer, aiming to use the equipment to build electric vehicles.

  • 01/18/2018 14:11:46

    Judge tosses GM settlement on ignition switch

    NEW YORK, Jan 18 (Reuters) - A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable.

  • 01/17/2018 19:48:00

    Peugeot CEO outlines ambitious plan to re-enter U.S., go electric

    Peugeot SA Chief Executive Carlos Tavares said on Wednesday the French automaker is using the know-how of former Opel engineers acquired from General Motors Co (GM) to develop vehicles to re-enter the U.S. market, and said Peugeot will offer electrification as an option on all its vehicles by 2025.

  • 01/17/2018 19:47:41

    UPDATE 2-Peugeot CEO outlines ambitious plan to re-enter U.S., go electric

    DETROIT, Jan 17 (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday the French automaker is using the know-how of former Opel engineers acquired from General Motors Co to develop vehicles to re-enter the U.S. market, and said Peugeot will offer electrification as an option on all its vehicles by 2025.

  • 01/17/2018 19:05:42

    Peugeot CEO: All PSA vehicles will electrified by 2025

    DETROIT (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday that by 2025 "the PSA Group will be 100 percent electrified," and said the French automaker will use the know-how of former Opel engineers acquired from General Motors Co to design vehicles for the U.S. market that would compete in GM's home market.

  • 01/17/2018 18:59:47

    UPDATE 1-Peugeot CEO: All PSA vehicles will electrified by 2025

    DETROIT, Jan 17 (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday that by 2025 "the PSA Group will be 100 percent electrified," and said the French automaker will use the know-how of former Opel engineers acquired from General Motors Co to design vehicles for the U.S. market that would compete in GM's home market.

  • 01/17/2018 17:43:45

    Big portion of future GM electric vehicles for China market: executive

    DETROIT (Reuters) - General Motors Co's China unit will sell a "substantial portion" of the automaker's future electric vehicles, GM China President Matt Tsien said on Wednesday.

  • 01/17/2018 14:06:34

    Big portion of future GM electric vehicles for China market -exec

    General Motors Co's China unit will sell a "substantial portion" of the automaker's future electric vehicles, GM China President Matt Tsien said on Wednesday. In a briefing at GM headquarters, Tsien said, "China is at the heart of our electrification strategy." Tsien did not say which GM brands would sell electric vehicles in China.

  • 01/16/2018 21:20:44

    Exclusive: GM, DHL use a Chinese plant to lead manufacturing change

    Inside General Motors Co's vehicle assembly plant in this southern China city, many workers wear the red-and-yellow uniforms of DHL, the logistics company.

  • 01/16/2018 18:33:41

    Ford gives disappointing outlook, says turnaround to take years

    DETROIT (Reuters) - Ford Motor Co on Tuesday estimated financial results for 2017 and 2018 that fell short of investor expectations, in a downbeat forecast that contrasted with a more positive outlook from rival automaker General Motors Co .

  • 01/16/2018 16:55:51

    Ford's 2017 profit misses Wall Street estimates

    DETROIT (Reuters) - Ford Motor Co on Tuesday forecast financial results for 2017 and 2018 that fell short of investor expectations, in a downbeat forecast that contrasted with a more positive outlook from rival General Motors Co .

  • 01/16/2018 10:40:29

    Greenlight's Einhorn bets on Brighthouse, makes money on GM

    BOSTON, Jan 16 (Reuters) - Hedge fund manager David Einhorn told investors on Tuesday that he made several new bets, including a "large" one on Brighthouse Financial, late last year and that he made money on automaker General Motors but lost money on Amazon and Tesla .

  • 01/15/2018 11:39:56

    Game of chicken: GM bets on Mexican-made pickup trucks

    General Motors Co's(GM) assembly plant in Silao, a city in Mexico's automotive heartland, cranked out more than 400,000 highly profitable, large pickup trucks last year, and is critical to the launch of a new generation of Chevrolet Silverado trucks later this year. Now, GM's Silao factory, and the profit it generates, are at risk.

  • 01/15/2018 10:47:39

    U.S. automakers bet on diesel trucks after VW scandal

    U.S. automakers are unveiling new diesel pickup trucks even as diesel sales have fallen sharply since Volkswagen AG's 2015 diesel emissions scandal. General Motors Co (GM) said at the Detroit auto show it would offer a diesel 2019 Chevrolet Silverado pickup truck and now offers diesel versions of its Equinox, Cruze, Colorado, Express and medium- and heavy-duty trucks.

  • 01/14/2018 22:01:00

    New Ram pickup notches win for steel in U.S. truck market

    DETROIT, Jan 15 (Reuters) - Fiat Chrysler Automobiles NV on Monday unveiled a redesigned Ram large pickup that along with General Motors Co's new Chevrolet Silverado, which debuted on Saturday, sealed a double victory for the steel industry's fight to remain the dominant metal in the auto market.

  • 01/14/2018 14:00:44

    GM executives defend NAFTA, Mexican truck plant

    DETROIT (Reuters) - General Motors Co Chief Executive Mary Barra expressed optimism on Saturday that the North American Free Trade Agreement would survive, and other senior GM executives stood by the company's plans to continue building trucks in Mexico.

  • 01/13/2018 17:40:09

    GM's new Chevy Silverado bids for more U.S. pickup profits

    General Motors Co(GM) on Saturday fired a new round in the battle for profits from one of the U.S. auto industry's most lucrative segments when it showed a new generation of its Chevrolet Silverado pickup truck at Detroit's auto show. The new Silverado, a highlight of the show, is the successor to GM's best-selling vehicle in North America.

  • More trends:

    General Steel HoldingsGSI | Genesco Inc.GCO | Genesee & WyomingGWR | Genesee & WyomingGWRU | Genesis EnergyGEL | Genesis HealthcareGEN | Genie Energy Ltd.GNE | Genie Energy Ltd.GNE^A | Genpact LimitedG | Genuine Parts CompanyGPC |