May 22, 2013
(Stock Blog Hub,
4/27/13)
General Motors Company (GM) and its arch rival Ford Motor Co. (F) have joined hands in developing nine- and ten-speed automatic transmissions in order to save...(read more)
(Energy and Capital,
5/2/13)
After being beaten out by the more expensive Tesla (NASDAQ: TSLA) Model S, GM's (NYSE: GM) Chevy Volt will see some improvements...
(Stock Blog Hub,
4/18/13)
General Motors (GM) announced plans to invest $332 million in four plants in three Great Lakes states in order to gain competitive advantage in terms of fuel-efficient...(read more)
General Motors (GM) Company Overview
General Motors is the biggest of the Big Three, the ponderous American auto makers who have traditionally dominated the North American market. GM's bankruptcy has given greater impetus to this downsizing, calling for closing another 14 factories and 2,400 dealerships, eliminating 29,000 jobs, and canceling nearly $80 billion in debt.[1] But GM's survival cannot be assured by cost cuts and capital infusion forever. GM hopes that a few new hit products will raise profits, and is refocusing on crossover-utility vehicles (CUVs) and sedans. Product reviews have been positive so far. Still, it will be challenging for GM's new models to capture attention when all of the Big 3 are using the same strategy and introducing their own new lineups. (Read more at Wikinvest ) What's in this GM analysis on Wikinvest...
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May 22, 2013