General Motors Company (NYSE:GM) Wolfe Research Global Auto and Auto Tech Conference February 15, 2024 10:55 AM ET Company Participants Mary Barra - Chair and Chief Executive Officer Conference Call Participants Rod Lache - Wolfe Research Rod Lache [Abrupt Start] …in GM's messaging recently. The most obvious being the increased focus on returns to shareholders that culminated in a $10 billion share repurchase, almost 25% of the company's outstanding shares. If GM can sustain this level of profitability, we ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

MONTRÉAL--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) and General Motors Holdings LLC (“GM”), a wholly owned subsidiary of General Motors Co. (NYSE: GM), have agreed to sign a supply agreement (the “Supply Agreement”) upon closing of the Tranche 1 Investment, in which NMG will provide 18,000 tonnes per annum (“tpa”) of its expected Phase-2 active anode material output to GM upon reaching full production for an initial term of six years. In complement to the ...

MONTRÉAL--(BUSINESS WIRE)--On the back of agreed-upon offtake agreements with Panasonic Energy Co., Ltd. (“Panasonic Energy”), a wholly owned subsidiary of Panasonic Holdings Corporation (“Panasonic”) (TYO: 6752), and General Motors Holdings LLC, a wholly owned subsidiary of General Motors Co. (collectively, “GM”) (NYSE: GM), Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) has rallied Mitsui & Co., Ltd (“Mitsui”) (TYO: 8031) and Pallinghurst Bond Limited (“Pallinghurst”) for an ...

MONTRÉAL--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) and Panasonic Energy Co., Ltd. (“Panasonic Energy”), a wholly owned subsidiary of Panasonic Holdings Corporation (“Panasonic”) (TYO: 6752), have entered into a binding offtake agreement (the “Offtake Agreement”) pursuant to which NMG will supply 18,000 tonnes per annum (“tpa”) of its planned Phase-2 active anode material production to Panasonic Energy for an initial period of seven years. In addition to t ...

GM is expanding access to Super Cruise with plans to let drivers use the hands-free advanced driver assistance system on about 750,000 miles of roads in the United States and Canada. The expansion, which will nearly double the automaker’s Super Cruise network by 2025, will include rural and minor highways that often connect smaller cities and townships.The upgrade comes as automakers are increasingly pushing the boundaries of advanced driver assistance systems in a bid to attract customers and generate reve ...

In a move aimed at fortifying the electric vehicle (EV) market, U.S. auto giant General Motors (GM) and South Korean battery supplier LG Chem inked a monumental $19 billion deal. The agreement, spanning roughly the next decade, is set to redefine the landscape of EV production and marks one of the largest supply contracts in GM's history.The deal outlines LG Chem's commitment to supplying GM with more than 500,000 tons of crucial cathode materials between 2026 and 2035. These materials, including nickel, co ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Key TakeawaysGeneral Motors struck an $18.8 billion deal for LG Chem to supply GM with cathode materials used in electric vehicle (EV) battery production.Starting in 2026, GM will receive enough cathode materials such as nickel, cobalt, manganese, and aluminum from LG Chem to produce about 5 million EVs.The deal comes as GM works to strengthen its position in the EV market.Tesla currently dominates the U.S. EV market, but the Chevrolet Bolt EV/EUV, which GM manufactures, made up 5.2% of EVs sold in 2023, ma ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about General Motors Company (GM) .General Motors Company currently has an average brokerage recommen ...