General Motors has announced a significant $2 billion strategic partnership with electric vehicle startup Nikola, marking GM's second major EV collaboration in less than a week. Under the 10-year agreement, GM will acquire an 11% ownership stake in Nikola through newly issued common stock distributed...
General Motors reported strong first-quarter 2026 results, posting adjusted earnings per share of $3.70, which surpassed Wall Street expectations and exceeded the previous year's quarterly performance. The company also increased its full-year earnings per share outlook and announced a new $6 billion share repurchase program....
General Motors Company (NYSE: GM) significantly outperformed market expectations in its first quarter 2026 earnings report, delivering a substantial blowout that has reinforced its status as a top automotive stock. Adjusted earnings per share (EPS) surged by 33% year-over-year, dramatically surpassing the previously forecast negative...
General Motors (NYSE:GM) saw mixed institutional activity in recent quarters, with 44 Wealth Management LLC reducing its stake by 35.3% to hold 11,529 shares worth $859,000. Conversely, major investors like Norges Bank, Viking Global Investors LP, Two Sigma Investments LP, and SEB Asset Management AB...
General Motors (GM) stock has rallied 62.6% over the past year, trading at approximately US$78.95 after a recent pullback of 4.3%. The article analyzes whether the stock still offers value by examining its performance against industry peers and historical returns, noting it is up 117.2%...
General Motors (GM) is reconsidering its electric vehicle battery strategy, potentially favoring lithium-manganese-rich (LMR) chemistry over the industry-standard lithium-iron-phosphate (LFP). While competitors like Tesla and Ford are pivoting to LFP for cost efficiency, GM's battery chief Kurt Kelty suggests LMR could offer superior energy density...
General Motors reported a strong second-quarter performance, beating Wall Street expectations for both revenue and profit. Consequently, the company's stock price rallied nearly 5% following the announcement of these positive financial results. The automaker successfully navigated significant industry headwinds, including high costs associated with its...
Erste Group Bank analyst S. Lingnau has lifted its full-year 2026 earnings per share (EPS) estimate for General Motors to $12.95, up from a prior projection of $12.78, while maintaining a forward-looking FY2027 EPS forecast of $14.48. This revision places the company slightly above the...
Banque Cantonale Vaudoise reduced its stake in General Motors by 22.6% in the first quarter, selling 7,589 shares to hold a remaining position of 26,025 shares valued at $1.94 million. Conversely, several other institutional investors increased their holdings, including Assenagon Asset Management which raised its...
Shares of General Motors (GM) and Lockheed Martin (LMT) rose in overnight trading following reports that the automaker is in early discussions with the defense contractor to supply components for weapons systems. This potential partnership comes as U.S. officials urge manufacturers to help replenish missile...
Panagora Asset Management Inc. increased its stake in General Motors (GM) by 31.1% during the fourth quarter, ending with approximately 1.28 million shares valued at $104.4 million. This move reflects continued heavy institutional ownership, with hedge funds and other institutions holding 92.67% of the stock....
General Motors has established a $4.5 billion purchasing facility in partnership with inventory firm Procura Auto Parts to secure access to critical components for its manufacturing operations. This strategic agreement, announced via a regulatory filing on Tuesday, involves an outside firm purchasing specific parts from...
General Motors is expanding its energy storage business beyond electric vehicles through three strategic partnerships focused on data centers and grid infrastructure. The company announced a co-development agreement with Peak Energy to create sodium-ion battery cells at its Warren, Michigan facility, aiming for trial production...
General Motors Korea reported a significant decline in domestic sales for May, with the company selling only 808 vehicles in South Korea, representing a 42.6% year-over-year drop. This sharp decrease follows a challenging start to the year, as GM Korea also experienced sales dips exceeding...
General Motors (GM) stock has retreated from its February high of $87 to approximately $76 ahead of its second-quarter earnings report, forming a bearish double-top pattern and breaking below the 50-day EMA. The company reported selling 714,896 vehicles in Q2, a 4% decline year-over-year, which...
Institutional investors have increased their stakes in General Motors (GM) during the first quarter of 2026, signaling continued confidence in the automaker. AIA Group Ltd raised its position by 8.8%, adding 18,539 shares to a total holding valued at $17.14 million. Other major funds also...
General Motors announced two significant updates to its electric vehicle program today, focusing on improved public charging accessibility and enhanced grid integration capabilities. The primary consumer-facing development is the launch of Energy Pass, a universal interface designed to simplify the process of finding and paying...
General Motors is pivoting its energy strategy to focus on large-scale power storage for data centers and the grid, partnering with startup Peak Energy to develop sodium-ion battery cells. The automaker aims to commercialize this technology by 2028, targeting a market currently dominated by lithium-iron...
General Motors is reportedly advancing plans to revive the Jimmy as a rugged, body-on-frame midsize SUV designed to compete directly with the Ford Bronco, Jeep Wrangler, and Toyota 4Runner. The new vehicle would likely utilize the same platform underpinning the Chevrolet Colorado and GMC Canyon,...
General Motors is reportedly implementing tighter quality-control procedures and bringing critical engine parts manufacturing back in-house for the upcoming 2027 Chevrolet Silverado and GMC Sierra, marking a significant strategic shift for the automaker. This decision follows years of owner concerns regarding reliability issues such as...
