|Bid||39.12 x 800|
|Ask||0.00 x 2200|
|Day's range||0.00 - 0.00|
|Beta (3Y monthly)||1.25|
|PE ratio (TTM)||6.22|
|Earnings date||1 Aug 2019|
|Forward dividend & yield||1.52 (3.88%)|
|1y target est||45.95|
General Motors wants to make it easier for Chevy EV-owners to charge their vehicles at home. Customers will soon be able to visit the Chevrolet.com Charging Page and search for certified charger installers. Chevy hopes the new feature (the result of a partnership with Qmerit) will convince more people to buy EVs.
General Motors Co unveiled on Thursday its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No. 1 U.S. automaker faces mounting pressures in a sluggish and uncertain global sales environment. In a glitz presentation in Orange County outside Los Angeles, the eighth generation of the 66-year-old "Vette," in red, white, and blue, roared down a runway stopping short before an audience of Corvette enthusiasts, GM executives, dealers and media. Revved up to take on high-performance European rivals, the new Corvette, dubbed the C8, provides a breath of fresh air to GM, which along with other carmakers faces slowing sales and new financial pressures related to global trade, electrification and unresolved emission standards.
When you first lay eyes on the new 2020 Corvette, a modern version of the classic American sports car isn't the first thing that pops into your head. This time, engineers moved the General Motors' trademark small-block V8 behind the passenger compartment. In the back, there's a big, tapered hatch that opens to a small trunk and the low-sitting all-new 6.2-liter, 495 horsepower engine.
The original Corvette was intended to be a flashy concept vehicle, but the design proved so popular GM rushed to put it into production.
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds" when equipped with an optional performance package, the automaker claims.
Tesla is one of those companies that everyone wants to succeed because it symbolizes not only a cultural shift towards a cleaner world but a drive to reach levels of innovation that humans never thought was possible.
Tesla stock turned negative after Needham & Company's Rajvindra Gill reiterated his “underperform” rating on concerns about the company's delivery target.
Ford Motor Company (F) is in the middle of a very strong year, with its stock price up 35.1% YTD. This year has helped Ford recover from a very disappointing 2018, yet it has only regained about half of its losses so far.
Toyota (TM) announces plan to scrap the production of Corolla compact cars at its new factory under construction in Alabama. Daimler (DDAIF) issues profit warnings on regulatory and recall costs.
On Tuesday, President Trump's comments about a China trade deal left the stock market with serious concerns. More tariffs could be on the table.
From small beginnings, the presence of Chinese automakers in south-east Asia is growing rapidly. The region of 650m people, with its rising middle class and strategic location to China’s south, is an obvious lure for manufacturers from the mainland. Japanese car companies still hold market share of more than 80 per cent, having seen off hordes of competitors over the decades.
With plant closures hanging over the start of contract negotiations, General Motors chief Mary Barra on Tuesday warned the United Auto Workers union that the industry is facing a difficult road ahead. GM has drawn the wrath of the UAW and President Donald Trump over plans to halt production at four US plants including a major one in Lordstown, Ohio, a state that could be key to Trump's re-election bid in 2020. GM is attempting to sell that plant to a startup company proposing to build electric trucks.
On Tuesday, Tesla (TSLA) cut the prices of its vehicles to standardize its global car line-up, according to Reuters.
The UAW and General Motors Co on Tuesday formally kicked off contract talks, with the union's president calling on the automaker to keep open plants it has slated for closure and to invest in its workforce after the union helped it through a government-led bankruptcy a decade ago. "We invested in you, now it's your turn to invest in us," United Auto Workers' President Gary Jones said at a joint event with GM executives in downtown Detroit. This year's talks on a new four-year contract between the union and the Detroit automakers are expected to be contentious, as U.S. auto sales are slowing after a long boom.
General Motors CEO and Chairman Mary Barra on Tuesday pleaded for United Auto Workers union leaders to assist, not hinder, the company's ongoing restructuring efforts to better position GM for the future.
The talks are expected to be the most contentious in a decade amid "America first" policies from the Trump administration, a tight labor market and thousands of job cuts and cost reductions as the industry prepares for an expected economic downturn.
The United Auto Workers and Ford Motor Co will officially launch talks on a four-year contract on Monday that are expected to be contentious, with rising healthcare costs, job security and the use of temporary workers expected to be major sticking points. General Motors Co and Fiat Chrysler Automobiles NV (FCA) will kick off their own talks with the UAW on Tuesday. When the negotiators for the union and Detroit's automakers last sat across the table from each other in 2015, U.S. new vehicle sales were booming.
The technology is huge, it's changing the automotive industry, and it's already integrated into nearly every device around you.