General Motors Company (NYSE:GM) Making a V-Shaped Recovery The US auto market is back on track as fast as it fell, making the V-shaped recovery real General MotorsTicker: NYSE:GMPrice: $26.59 New vehicle sales and used vehicle prices are recovering in May and June almost as fast as they declined in March and April, according to […]
Negotiations to resolve a three-week-old strike at General Motors for better pay, benefits and job security have taken “a turn for the worse,” a top negotiator with the United Autoworkers Union said Sunday. “After making some progress on important issues a couple days ago, the company has shown an unwillingness to fairly compensate the great […]
$TSLA, FCAU, GM FLASH: Tesla’s (NASDAQ:TSLA) stock is at 3 year lows Bernstein analyst Max Warburton says that while there may be some tepid interest in Tesla’s assets, it’s unlikely a European carmaker would buy the company. “What assets are attractive? Tesla no longer has genuinely differentiated tech. The production plant is sub-par. The Gigafactory […]
GM Challenges Tesla’s (NASDAQ:TSLA) Electric Cars $GM, $TSLA, $F General Motors (NYSE:GM) plans to launch a new family of EVs in Y 2021 that will cost less to build and make a profit for the US #1 automaker, CEO Mary Barra told investors Wednesday. Her plans represent a direct challenge to money-losing electric vehicle specialist […]
FoMoCo (NYSE:F) ‘Cans’ $1.6-B Assembly Plant in Mexico $F, $GM, $TWTR Ford Motor Co. (NYSE:F) has ‘canned’ plans to build a $1.6-M plant in Mexico. The next-generation Focus compact car will be built at an existing factory in Hermosillo, Mexico, and Ford will cancel plans to build a plant in San Luis Potosi, CEO Mark […]
General Motors (NYSE:GM) Trending Upwards Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 33.00. The projected lower bound is: 30.52. The projected closing price is: 31.76. Candlesticks A black body occurred (because prices closed lower than they opened). During the past […]