BOSTON – Ray in Livonia, Mich., is torn between optimism and frustration. The long-time General Motors shareholder had just learned that his favorite company suffered a crushing fourth-quarter loss, it's fifth consecutive quarter in the red. …
The market has not been kind to General Motors. Its stock is down about 15% in 2014 as the automaker has contended with seven million recalls and questions from victims' families and government officials about why it took 10 years to …
Last Tuesday, General Motors (NYSE: GM) posted another strong quarterly profit. While GM's profit fell significantly on a year-over-year basis -- even excluding charges related to the sale of its European operations -- the company still posted …
General Motors released third-quarter earnings before opening bell Thursday. Its report sent GM stock up more than 3% in pre-market trading, and the gain has continued this morning. The company matched analyst estimates with earnings …
Shares of Ford Motor Company (NYSE: F) struggled Wednesday and closed down about 65 basis points, likely thanks to a new recall. While admittedly not a huge drop, it is a bit deflating after shares were up about 1% near the open. It's …
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General Motors will be issuing new stock, a signal that the company is emerging from the ashes like the mythical phoenix. There is much to celebrate with this public offering. The corporate giant and employer of 205,000 people …
Most experts, including your humble Fool, agree that the auto industry is in the midst of what will likely be a wrenching transition from the old way of doing things (privately owned gas-burning cars and trucks), to a future built around electric ...
(CNN) – In an interview published Tuesday, Mitt Romney said as president he would sell the government's share of GM stock, even if that means cutting a loss. The presumptive GOP presidential nominee accused the president of delaying …
WASHINGTON -- The federal government on Monday sold its remaining shares of General Motors Co. stock, ending the controversial $49.5-billion bailout of the automaker with an approximately $10.5-billion loss for taxpayers. "This marks …
According to Reuters, “the run-up in the stock price could help Treasury, which provided GM with a $49.5 billion bailout, trim losses that will likely still total billions of dollars. Treasury said earlier this month that it would begin another round …