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Marry Barra Of General Motors Company (NYSE:GM) Expects To Run Plants At Full Capacity To Produce Popular Vehicles Soon To Realize Profits In China And Other Nations

CEO of General Motors Company (NYSE:GM) plans to operate all the plants to manufacture EV and derive handsome profits mainly in China because she expects a pickup in demand. She anticipates a recovery in demand for new vehicles despite ongoing coronavirus crisis. Low inventory Several auto plants are closed during coronavirus crisis for two months, […]

General Motors Company (NYSE:GM) Is Making An Electric Van Giving A Nod To The EV Trend

General Motors Company (NYSE:GM) is reportedly working on an electric van that is targeted towards the business community and will be ideal for delivery services. The announcement about the American automobile manufacturer’s decision to launch an electric van highlights the growing interest in EVs by traditional automobile manufacturers. It also means more competition for Tesla […]

Ford Motor Co. (NYSE:F) And General Motors Co. (NYSE:GM) Report Sales Growth In China Through Ventures

It seems the largest auto market in the world is starting to recovers from the effects of the COVID-19 pandemic after Ford Motor Company’s (NYSE:F) two joint ventures reported growth in YoY sales in April. Ford Sales growth in China through a joint venture Chongqing Changan Automobile Ltd, which is the company’s main joint venture, […]

General Motors Company (NYSE:GM) Announce $3 Billion Investment For Production Of Electric Trucks

General Motors Company (NYSE:GM) has announced a $3 billion investment for the production of a range of all-electric pickup trucks and SUVs and also autonomous vehicles unveiled by Cruise. GM to produce electric trucks Out of the total investment, the company is putting $2.2 billion to its Detroit-Hamtramck plant for the development of electric vehicles. […]

General Motors Company (NYSE:GM) To Recall 3.4 Million SUVs and Pickups with Brake Problems

General Motors Company (NYSE:GM) is recalling 3.4 million SUVs and pickup trucks in the US to fix a brake issue. GM recalls vehicles to fix a brake problem The company is recalling the Chevrolet Silverado and GMC Sierra 1500. This also includes 2500 and 3500 pickup trucks from 2014 through 2018 models years. The recall […]

Ford Motor Company (NYSE:F) Signals A Pick In US Auto Demand

Ford Motor Company (NYSE:F) has reported that the July sales in US fell compared to the same month and time last year. The results for the Fiat Chrysler Automobiles NV (NYSE:FCAU) were weaker, and the same results also applied to Nissan. This is evident that the automobile demand in the US might be falling or […]

UAW Chooses Fiat Chrysler Automobiles NV (NYSE:FCAU) For Negotiations

The United Auto Workers (UAW) has chosen Fiat Chrysler Automobiles NV (NYSE:FCAU) for negotiating a new labor agreement. The move came as a surprise as Fiat Chrysler is the smallest of the three auto makers in Detroit. The move also dodges the union’s tradition of negotiating with the strongest company to extract the best terms […]

General Motors Company (NYSE:GM) Still Reviewing 151 Fatality Claims On Ignition Switch Issue

Boston, MA 10/15/2014 (wallstreetpr) – General Motors Company (NYSE:GM) is still reviewing nearly 151 fatality claims due to the ignition switch issue. The ignition switch problem resulted in a record number of recall of vehicles in the current year forcing it provide hefty charges that dragged its profit. While the recall of vehicles seemed to […]

General Motors Company (NYSE:GM) Being Sued Over Rape Framing Allegations

Boston, MA 10/13/2014 (wallstreetpr) – A former General Motors Company (NYSE:GM) employer has gone to court suing the giant automaker for apparently framing him in a rape case that he was acquainted of, after nearly 20 years in prison. Roger Dean Gillispie is getting unlikely help from hedge funds on his push having already sought […]

General Motors Company (NYSE:GM) Impressively Executing Cost Saving Strategy

Boston, MA 10/13/2014 (wallstreetpr) – General Motors Company (NYSE:GM) has been able to cut big on costs as its major suppliers relocate closer. The company’s representative stated that they have been able to convince some of the key and major suppliers to move closer to the company’s assembly plants. This will help the company to […]

Ford Motor Company (NYSE:F) Expects New Models To Lift Its Sales In China

Boston, MA 10/10/2014 (wallstreetpr) – Ford Motor Company (NYSE:F) expects to benefit from new models and new plants in China to lift its sales in the coming months. In September, the company’s sales slackened in the region. This is in contrast to its rival General Motors Company (NYSE:GM) delivering an accelerated pace of growth. Growth […]

General Motors Company (NYSE:GM)’s China Sales Growth Accelerates In September, May Surpass Its Target

Boston, MA 10/10/2014 (wallstreetpr) – General Motors Company (NYSE:GM) and its Joint Ventures in China witnessed accelerated growth rate of sales in September. In the last three-month period, the growth pace was steadily increasing. This could well set the stage for the company to surpass the yearly target of three million vehicles in the current […]

China Is A Key Market For Ford Motor Company (NYSE:F), Tesla Motors Inc. (NASDAQ:TSLA), And General Motors Inc. (NASDAQ:GM)

Boston, MA 10/06/2014 (wallstreetpr) – Ford Motor Company (NYSE:F) said that 2014 has been a challenging year for the automaker. The challenges are expected to spill into the next year. However, the company expects better things after next year. That means that you may not want to jettison the stock too soon. Like its peers […]

General Motors Company (NYSE:GM) Expects New Products Contributions To Rise Significantly In Five Years

Boston, MA 10/03/2014 (wallstreetpr) – General Motors Company (NYSE:GM) announced that slowly and steadily new product and technology contribution to global sales volume would increase in five years period. The company’s CEO Marry Barra and her team of executives came up with a strategic plan. The CEO and its executives told a recent analyst and […]

General Motors Company (NYSE:GM)’s Recalls 100,000 Faulty Cadillacs In China

Boston, MA 09/29/2014 (wallstreetpr) – General Motors Company (NYSE:GM) recalled over 100,000 Cadillac SRX SUVs from the company’s biggest market. The automaker made the recall in China because of defective rear suspension module. Indicated Defects GM’s Chinese joint venture, Shanghai General Motors Company (NYSE:GM), seeks to recall and repair as many as 107,016 sport utility […]

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