GM cruise on cars built in china yet us coms and bt stripping out Chinese technology from telecoms services . 5g networks what is going on
Considering we will not be getting the benefits for the self-driving technology at least for 10 years, IMO. this is a stupid reason to be buying $GM at this time.
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GM gives strong 2019 earnings forecast, shares jump 8 percentGeneral Motors Co on Friday gave a strong earnings forecast for 2019 powered by ... ...after taking billions in tax breaks from countries around the world, then closes plants and sheds employees to appear profitable. Good for you GM Motors!!! Love it!!!
Source: Reuters - 🏆 2. / 97 Read more »
GM bucks gloomy earnings forecast trend, shares jumpGeneral Motors Co executives on Friday bucked gloomy forecasts for growth and se...
Source: Reuters - 🏆 2. / 97 Read more »
GM says 2018 earnings exceeded expectations and 2019 looks even betterGM cited strong sales in China and high demand for its truck and utility vehicles in the U.S. in upgrading its earnings guidance. nasirjones007 This statement should send fear into the markets and have regulators worried bc of the ignition switch issue. She got that purely off the backs of her sold out employees. She needs to go.
Source: CNBC - 🏆 12. / 72 Read more »
GM is surging after giving strong guidance, saying it would use Cadillac to compete with TeslaGeneral Motors gave strong 2019 guidance Friday morning and said it would use its Cadillac brand to take on Tesla in the electric-vehicle market. Except that Tesla is a battery manufacturer as well. So where's the decade of battery research coming from? Ditto for the battery manufacturing plant.
Source: BusinessInsider - 🏆 729. / 51 Read more »
After laying off 15,000 workers, GM has a message for Wall Street — and TeslaGM's CEO Mary Barra said Friday there would be no layoffs in 2019 — 'based on current market conditions.' Lay off some Government workers and note the difference in the way NBC covers the story I am sure this is a nice consolidation for those 15,000 people out of a job. How about hiring some back. GM selling lots of vehicles.
Source: NBCNews - 🏆 10. / 86 Read more »
GM is reassigning thousands of its engineers to work on electric vehicles,GM appears to be serious about their zero-emissions vision: the company is shifting 75% of its powertrain engineers from internal-combustion engines to electric vehicle development. Of course. With sales of the Bolt and the Volt really taking off...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Ford Needs a Deal More Than CutsThe restructuring plan that Ford announced for its Europe business may help a bit, but a merger—the exit route taken by GM—would be better.
Source: WSJ - 🏆 98. / 63 Read more »