General Motors Company (NYSE:GM) beat its first quarter earnings expectations. So far, however, the market is unimpressed. GM stock is moving down slightly in Thursday’s trading. Despite beating on revenue and blowing out …
Past week saw automakers release their new-vehicle sales figures for April. Some …
lower production in North America related to the transition to our all-new Chevrolet Silverado and GMC Sierra," CEO Mary Barra said in a statement. GM shares …
General Motors' first-quarter net income fell 60 percent from a year ago, and its shares fell even though the numbers beat Wall Street estimates. The Detroit automaker says it made just over $1 billion from January through March, or 77 cents …
Late last month, General Motors (NYSE: GM) reported solid first-quarter earnings. Adjusted earnings per share declined on a year-over-year basis (from $1.75 to $1.43) but still surpassed the average analyst estimate of $1.24. Moreover, …
Part of GM’s new loans - $800 million - will be converted into preferred stock later, sources told Reuters on Wednesday. The preference shares could be converted into common stock at a later date, the sources said. Both GM Korea and …