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General Motors Sees Record Sales For Third Year In A Row; Chinese Market Huge Driver of Sales
Thursday, January 21, 2016 - 1:25pm | 244Read More...General Motors Company (NYSE: GM) reported its third consecutive year of record sales Thursday, with 9.8 million vehicles moved in 2015. The figure represents a 0.2 percent increase over 2014 sales. Chinese sales in the luxury car market were a large factor in GM's success in 2015. Buick sales...
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Cadillac Enters China
Thursday, January 21, 2016 - 9:09am | 173Read More...Shares of General Motors Company (NYSE: GM) were trading higher by more than 1 percent. Various media outlets reported that the company opened a $1.2 billion factory in Shanghai, China. According to The Wall Street Journal, General Motors' new factory will be used to build Cadillac-...
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Tigress Reiterates On General Motors Company As Shares Represent Attractive Risk/Reward Scenario
Wednesday, October 8, 2014 - 9:33am | 202Read More...Tigress Financial Partners reiterated its Strong Buy rating on General Motors Company (NYSE: GM) in a report issued Wednesday. Analyst Ivan Feinseth expressed that "GM’s strong product pipeline emphasizing the luxury Cadillac brand and a defined pathway to long- term cost savings...
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Cadillac President Johan De Nysschen's Epic Facebook Rant
Monday, October 6, 2014 - 3:16pm | 727Read More...Johan de Nysschen, global head of General Motors Company’s (NYSE: GM) Cadillac division, posted quite the Facebook rant last week. Among the points Nysschen made in his nearly 500-word epistle were the following: Explicit Instructions Nysschen started his post by saying, "Been...
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Cadillac Needs More Than Just A New York HQ, Experts Say
Wednesday, October 1, 2014 - 7:03pm | 959Read More...Since General Motors Company (NYSE: GM) announced last week that it will break out its luxury Cadillac brand into a separate business and move the headquarters to New York, executives have been on the front lines defending the decision. CEO Mary Barra has told reporters that New York is the...
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3 Problems With General Motors Company Moving Cadillac To New York
Friday, September 26, 2014 - 2:59pm | 905Read More...Earlier this week, General Motors Company (NYSE: GM) announced that Cadillac, its luxury car brand, is breaking off into a separate business unit and moving its headquarters to New York. It’s part of Cadillac President Johan de Nysschen’s plan to rebrand the company. He hopes that...
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June Auto Sales Beat Street Views
Wednesday, July 2, 2014 - 6:49am | 338Read More...Wall Street got an upside surprise from the U.S. vehicle sales figures for June, which showed some of the strongest monthly data since 2007. Chrysler Group LLC and General Motors Corp. (NYSE: GM) saw sales rise 9.2 percent and one percent respectively, while Ford Motor Co. (NYSE: F) sales were...
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General Motors Announces 5 Recalls Covering 2.7 Million Vehicles In The U.S
Thursday, May 15, 2014 - 9:33am | 183Read More...General Motors (NYSE: GM) recalled 2.7 million vehicles in the United States and said it expected to take a charge of $200 million in the second quarter related to the cost of recall-related repairs. General Motors' latest recall, which has been informed to the National Highway Traffic Safety...
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Detroit's Big Three Auto Makers Report March Sales
Tuesday, April 1, 2014 - 5:00pm | 900Read More...On the first day of each month, major auto manufacturers report their previous month's total sales. The data is closely monitored by both investors and auto enthusiasts to keep up with the most up to date information on how the manufacturers are performing in a tough economic environment that...
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January's Auto Sales Data A Mix Of Good And Bad
Monday, February 3, 2014 - 1:42pm | 763Read More...Major manufacturers January U.S. sales data were released on Monday. General Motors: Consensus miss General Motors (NYSE: GM) reported that its U.S. sales fell 12 percent to 171,000 vehicles in January. The consensus estimate was looking for a 2.5 percent falloff. Retail sales fell 10 percent...
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U.S. Auto Sales: Who Gained, Who Lost?
Tuesday, December 3, 2013 - 5:34pm | 765Read More...Many auto companies have released their U.S. sales figures for November. Investors closely follow these monthly data releases as an indication of the strength of the macro-economic environment, the entire auto sector and individual companies. Barclays boosted its fourth quarter GDP tracking...
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Five Star Stock Watch: General Motors (GM)
Tuesday, October 15, 2013 - 12:52pm | 348Read More...The company: General Motors Ticker Symbol: (NYSE: GM) Sector: Consumer Goods Industry: Auto Manufacturers General Motors designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. The company markets its vehicles primarily under the Buick, Cadillac,...
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Can General Motors Poach Tesla Consumers With The Cadillac ELR? (GM, TSLA)
Monday, October 14, 2013 - 1:24pm | 678Read More...Hot on the heels of its 2015 Escalade debut, Cadillac continues to loudly beat the marketing drum; this time by announcing its entry into the luxury plug-in hybrid market with the Cadillac ELR. Sales will begin in January of what the company calls an “electrified luxury coupe.” The ELR is not...
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What's In A Name? Cadillac Thinks Escalade Brand Can Go Places
Wednesday, October 9, 2013 - 9:16am | 404Read More...For General Motors (NYSE: GM), a lot is riding on its Cadillac Escalade. The large luxury SUV has been a high-profile best-seller in its class for years now, and the company is hoping to extend the Escalade brand to other Cadillac vehicles. “Escalade's role in the grand plan is to recapture...
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Big Car Makers Take Sales Back Seat To Tesla In California
Monday, August 26, 2013 - 2:52pm | 619Read More...The Tesla (NASDAQ: TSLA) Model S is quickly proving itself to be much more than a novelty or a toy for the rich and famous. According to the California New Car Dealers Association, in June Tesla outsold several “heavy hitters” in the state including General Motors (NYSE: GM)’s Buick and...












