When Elon Musk, CEO of Tesla Motors (TSLA), unveiled his company's Model 3 electric car, even he must have been relieved to see pre-orders stream in. Orders surpassed 325,000 within a week, even though production won't begin until …
DETROIT (AP) — General Motors shareholders have overwhelmingly turned down an activist shareholder’s plan to split the company’s stock into two classes. Only about 9 percent of the stockholders voted for the plan from David Einhorn’s …
General Motors shareholders have overwhelmingly turned down an activist shareholder’s plan to split the company’s stock into two classes. Only about 9 percent of stockholders voted for the plan from David Einhorn’s Greenlight Capital hedge …
DETROIT -- Banks cut automaker ratings, oil climbed to a record high, and stock prices in the auto industry plummeted on Wednesday. General Motors shares closed at $9.98, their lowest close in more than 50 years after a Merrill Lynch …
DETROIT (AP) — Shares of General Motors are rising Tuesday as a proxy fight escalates between the company and an activist shareholder who wants to split its shares into two classes. David Einhorn's Greenlight Capital said Tuesday that …
DETROIT --- Among the banks helping General Motors with its initial public stock offering this week are two identified by initials only: ICBC and CICC. Americans uncomfortable with U.S. government ownership of General Motors might want …
On Wednesday, shares in Detroit, Michigan-based General Motors Co. recorded a trading volume of 15.34 million …
worth of GM common stock last month. The report dated on Monday says the government has recovered about $29.8 billion of its $49.5 billion bailout of the Detroit automaker. That means taxpayers are still $19.7 billion in the hole. The …
The training wheels of government support are about to come off at General Motors. The question remains whether the car company can move forward on its own. On Wednesday, GM outlined plans to sell 500 million shares to the public later …
One of the many spectacular failures of 2009 was General Motors. Unbelievably, GM went from one of the most important companies and stocks in the nation to a penny stock. GM got a bailout, but its shareholders didn't. With tax time at …