wakilaFreezing temperatures across the nation provided more evidence that mass adoption of battery electric vehicles (BEVs) faces serious obstacles that will hinder sales and profitability of General Motors Company (NYSE:GM) and other BEV manufacturers. Frigid weather combined with energy-sapping cabin heaters may reduce the range of BEVs up to 40%, depending on how the vehicle’s heating system is designed. Tow truck drivers in Chicago and elsewhere are reporting calls from stranded owners whose cars we ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering General Motors Company (GM) , which belongs to the Zacks Automotive - Domestic industry.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 17.16%.For the most recent quarter, General Motors Company was expected to post earnings of $1.84 per ...

General Motors Company (GM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned -4.6% over the past month versus the Zacks S&P 500 composite's +0.9% change. The Zacks Automotive - Domestic industry, to which General Motors Company belongs, has lost 15.2% over this period. Now the key question is: Where could the stock be headed in t ...

General Motors is recalling around 66 electric delivery vans made by its BrightDrop subsidiary after the front drive units in at least two of them caught fire late last year.The automaker says it’s still investigating the root cause of the fires, but believes a manufacturing defect may have caused the drive pinion to pierce the drive unit casing, creating an oil leak that could catch fire during heavy use. GM says in paperwork filed with the National Highway Traffic Safety Administration (NHTSA) that it bel ...

General Motors Company (GM) ended the recent trading session at $35.39, demonstrating a +0.37% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a drop of 0.62%, and the technology-dominated Nasdaq saw a decrease of 0.19%.Coming into today, shares of the company had lost 0.51% in the past month. In that same time, the Auto-Tires-Trucks sector lost 4.68%, while the S&P 500 gained 1.56%.Market participants will be c ...

GM drivers can now simply plug in and charge their vehicles on the EV Connect network without swiping a payment card or scanning an RFID tag at nearly 200 compatible DC fast chargers nationwide. (Photo: Business Wire)GM drivers can now simply plug in and charge their vehicles on the EV Connect network without swiping a payment card or scanning an RFID tag at nearly 200 compatible DC fast chargers nationwide. (Photo: Business Wire)EL SEGUNDO, Calif.--(BUSINESS WIRE)--Expanding its collaboration with General ...

In this articleGMMary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — Monday marks 10 years of Mary Barra's tenure as CEO of General Motors, ushering in a crucial year for the Detroit automaker and for her legacy.Over the past decade, Barra has been a dynamic executive, guiding the company through high-profile crises as the first female leader of a major automaker. Under her stewardship, GM has seen record profits, cultural changes and major achievements, in ...

General Motors Company (GM) closed the latest trading day at $36.70, indicating a +1.97% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 1.41%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 2.2%.Shares of the company have appreciated by 6.64% over the course of the past month, outperforming the Auto-Tires-Trucks sector's gain of 0.15% and the S&P 500's gain of 2.9%.Analysts and investors alike will be keeping a close eye on th ...

General Motors Company (GM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +6.6% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Automotive - Domestic industry, to which General Motors Company belongs, has gained 0.9% over this period. Now the key question is: Where could the stock be headed in the near term? ...

General Motors’ robotaxi unit Cruise on Friday offered to pay $75,000 and step up its reporting of collisions and other incidents to resolve a California regulator’s probe into the company’s failure to disclose details of a pedestrian crash involving a self-driving car. Last month, the California Public Utilities Commission (CPUC) ordered Cruise to appear at a Feb. 6 hearing, citing it for misleading the commission "through omission" about the extent and seriousness of the accident and "for misleading publi ...