Core Viewpoint - General Motors is recalling over 43,000 SUVs due to a transmission issue that poses a potential crash risk [1][2]. Group 1: Recall Details - The recall affects specific models from the 2022 year, including 17,178 Chevrolet Tahoes, 7,616 Chevrolet Suburbans, 7,820 GMC Yukons, 5,270 GMC Yukon XLs, 3,609 Cadillac Escalades, and 2,239 Cadillac Escalade ESVs [1]. - All recalled models are equipped with a 10-speed transmission featuring an electronic transmission range select system [1]. Group 2: Technical Issue - A transmission control valve in some vehicles may experience excessive wear over time, leading to a gradual loss of pressure and harsh shifting for drivers [2]. - In rare instances, the rear wheels may lock up, increasing the risk of a crash [2]. Group 3: Remedial Actions - Dealers will install new transmission control module software to monitor valve performance and detect excessive wear [3][5]. - If an issue is detected, the transmission will be limited to fifth gear to prevent wheel lockup [3]. - Notifications to vehicle owners regarding the available remedy will be mailed on March 30 [3]. Group 4: Company Commitment - A GM spokesperson emphasized that customer safety is the highest priority and the company is working to resolve the issue promptly [4].

Core Viewpoint - Rockland Resources Ltd. is actively advancing its mining projects, particularly the Cole Gold Mines project and the newly acquired Twin Break project, while successfully closing financing rounds to support these initiatives [1][3][7]. Drill Program - The company is currently drilling at its 100% owned Cole Gold Mines project in Ontario, with the program reaching hole 12 and the first five drilled holes submitted for lab analysis, with results expected soon [2]. Financing Closing - Rockland has completed a non-brokered private placement, issuing 1.375 million units at $0.20 per unit, raising gross proceeds of $275,000. Each unit consists of one common share and one transferable share purchase warrant, exercisable at $0.275 for 24 months [4]. - Additionally, the company closed a private placement of 1,000,000 flow-through shares at $0.25 per share, generating up to $250,000 in gross proceeds. Each flow-through unit includes one common share and half a warrant, with the whole warrant allowing purchase at $0.35 for 24 months [5][6]. Acquisition - Rockland has signed an option to acquire a 100% interest in the Twin Break project, located in the Red Lake Mining District, which is characterized as a high-grade opportunity with potential for drill-ready targets [7]. - The Twin Break project features patented land with documented high-grade gold at surface, including samples of 122.5 g/t Au and 161.1 g/t Au, and drill-supported mineralization with intercepts of 60.3 g/t Au over 0.69 m [8]. Property Highlights - The Twin Break project offers secure tenure over a proven gold-bearing setting, with significant structural upside and multiple priority targets for follow-up work [8]. - The acquisition terms include the issuance of 250,000 shares upon approval and an additional 500,000 shares after 12 months, with a 3.0% NSR applicable [9].

Core Insights - General Motors (GM) outperformed Ford in 2025, achieving its highest market share in a decade at approximately 17%, while Ford ended the year with a market share of 13.2% [3][8] - Both companies are facing challenges in electric vehicle (EV) demand and high tariffs, but they continue to invest in innovation and technology [2][6] - GM's software and services business is becoming a significant profit driver, with deferred revenues expected to reach $7.5 billion by the end of 2026, a nearly 40% increase from 2025 [4] - Ford's focus on affordable EVs and its Ford Pro and Energy platforms positions it for diversified growth, with a projected EBIT of $8-$10 billion in 2026 [7][9] General Motors (GM) Summary - GM expects North America EBIT margins to improve to 8-10% in 2026, up from 6.8% in 2025, driven by lower costs and a stronger product mix [3] - The company repurchased $6 billion in shares and paid over $500 million in dividends in 2025, with a new $6 billion buyback program approved [5] - GM incurred $7.6 billion in EV-related charges in 2025 due to weaker demand and tax incentive changes, with expectations of smaller charges in 2026 [6] Ford Summary - Ford's Ford Pro division saw a 30% growth in paid software subscriptions in 2025, and the company plans a $1.5 billion investment in its Energy platform [9] - The company anticipates a significant reduction in tariff costs to about $1 billion in 2026, easing some financial pressure [11] - Ford's high dividend yield of over 4% is attractive for income-focused investors, and the company is restructuring its EV business to focus on affordability [10] 2026 Outlook: GM vs. Ford - GM projects adjusted EBIT of $13-$15 billion in 2026, with automotive operating cash flow expected to rise to $19-$23 billion [13] - Ford expects adjusted EBIT of $8-$10 billion, with free cash flow improving to $5-$6 billion [12] - Both companies are seen as investor-friendly, with GM focusing on buybacks and dividends, while Ford emphasizes high-yield payouts and disciplined capital allocation [20] Valuation Perspective - Ford currently appears more attractive from a valuation standpoint, particularly on a price-to-sales basis, suggesting potential upside for investors [17] - Consensus estimates favor Ford, projecting stronger year-over-year earnings growth for both the current and next fiscal year [21]

Key Takeaways OnStar hit 12M subscribers in 2025, with Super Cruise up 80% YoY, boosting GM's recurring revenues.GM expects software and services revenues to rise $400M in 2026, with deferred revenues reaching $7.5B.Second-generation vehicle architecture in 2028 will expand OTA capacity and support hands-off driving.When investors think about General Motors (GM) , they usually focus on trucks, SUVs, or electric vehicles (EVs). But beyond vehicles, this auto giant is expanding its software and subscription e ...

The Supreme Court on Friday struck down a crucial batch of President Trump’s tariffs – but there are still plenty of high levies on certain industries that will stay in place.Tariffs imposed under the International Emergency Economic Powers Act (IEEPA) to crack down on trade imbalances and fentanyl smuggling surpassed Trump’s presidential authority, the Supreme Court ruled in a 6-3 decision.The ruling does not, however, discard tariffs enacted by the Trump administration using Section 232 of the Trade Expan ...

Group 1 - General Motors Company (NYSE:GM) is recognized as a significant player in the EV and battery sector, with analysts upgrading price targets based on strong performance [1][3]. - Benchmark analyst Mickey Legg raised GM's price objective to $90 from $65, citing the company's successful execution in 2025, meeting operational and strategic goals [1]. - Goldman Sachs also increased its price target for GM from $93 to $98, reflecting positive vehicle sales data and growth estimates for 2026 [3]. Group 2 - GM appointed Claudia Gast from Lucid Motors as deputy CFO and vice president of strategy, effective March 1, 2026, to enhance corporate growth and technology partnerships [2]. - Gast will replace Zach Kirkman and will report directly to CEO Mary Barra and CFO Paul Jacobson, focusing on collaborations with technology firms [2]. - GM operates in four segments: GM North America (GMNA), GM International (GMI), Cruise, and GM Financial, providing a diverse range of automotive products and services [4].

General Motors Co. (NYSE:GM) has issued a recall of multiple SUVs in its lineup due to a transmission issue that could cause the rear wheels to lock up.43K Vehicles RecalledGM is recalling the 2022 Chevrolet Tahoe and Suburban, the GMC Yukon and Yukon XL, as well as the Cadillac Escalade and Escalade ESV SUVs equipped with the company's 10-speed automatic transmission, the company said in its acknowledgement to NHTSA on Thursday.The recall was issued due to a problem with the transmission control valve, whi ...

President Donald Trump's Department of Energy (DOE) has rescinded a rule that incentivized automakers to produce more EVs to comply with Fuel Economy norms.Fuel Content Factor On EVsThe rescinded provision, called the "fuel content factor," allowed automakers to calculate fleetwide fuel economy by assigning higher-than-usual efficiency figures to electric vehicles, which then helped bring down the fleetwide fuel consumption figures, Reuters reported on Wednesday.The agency, according to the report, cited an ...

Core Viewpoint - General Motors (GM) is experiencing strong performance driven by robust vehicle offerings, a growing software and services business, and restructuring efforts in China, alongside a revised electric vehicle (EV) strategy to address slower adoption rates [1] Stock Performance - Over the past six months, GM shares have increased by approximately 42%, outperforming industry peers such as Ford, which rose by 22%, and Stellantis, which declined by 21% [2] Market Position and Strategy - In 2025, GM became the top-selling automaker in the U.S., achieving a market share of around 17%, marking its fourth consecutive year of growth [6] - GM has adjusted its strategy in response to slower EV demand, selling its stake in the Ultium Cells Lansing plant and reallocating assembly capacity from EVs to internal combustion engine vehicles, incurring $7.6 billion in charges to reduce EV capacity [7] Financial Outlook - GM anticipates North America EBIT margins to be in the range of 8-10% for 2026, an increase from 6.8% in 2025, driven by lower costs and a better product mix [8] - The company expects net income for 2026 to be between $10.3 billion and $11.7 billion, with adjusted EBIT projected at $13 billion to $15 billion [13] Software and Services Growth - GM's software and services business is becoming a significant profit driver, with OnStar reaching 12 million subscribers and Super Cruise subscribers growing by nearly 80% year-over-year [9] - Deferred revenues from software and services are expected to rise to about $7.5 billion by the end of this year, nearly 40% higher than 2025 levels [9] Capital Investment and Shareholder Returns - Over the past two years, GM has invested more than $20 billion in capital projects, with plans to spend $10-12 billion annually in 2026 and 2027 [11] - GM has returned $23 billion to shareholders since late 2023, including $6 billion in share repurchases and over $500 million in dividends in 2025 [12] Valuation and Market Sentiment - GM stock is currently trading at a forward P/E ratio of 6.48, lower than Ford's 9.06 and Stellantis's 4.32, indicating it may be undervalued [15] - The consensus price target for GM stock is $92.24, suggesting an upside of more than 13% from current levels [19]

PresentationWell, first of all, I'll just start by saying thanks for having us. It's great to be down here and great to see a full room. I appreciate everybody coming in. We're obviously really excited about the GM story as we've been for the last few years. And I think heading into 2026, I've shared with several people that this feels like the most stable year of the last several.Paul JacobsonExecutive VP & CFO But something will happen. I don't know what it is, but something will happen. And I think as a ...