Tag: General Motors US market
Investors Await GM Earnings Results, Status on EV Game Plan
General Motors is set to release its second-quarter earnings on Tuesday, with investors waiting to hear whether the auto manufacturer is on track to achieving its electric vehicle (EV) game plan.
Earlier this month, the company reported that its U.S. deliveries rose 18.8% to 691,978,...
GM Shares Surge Following Strong Quarterly Earnings
General Motors shares skyrocketed by 9% during early trading on Tuesday after the company reported a surge in profit for the fourth quarter. Profits for the quarter hit $3.8 billion, beating estimates of $3.2 billion. Full year profits hit $14.5 billion, thereby landing at...
GM to Offer Discount on New EV Model in Exchange for NDA and Tracking
General Motors is set to employ an unusual strategy as they continue its push into the electric vehicles (EV) market. According to Detroit Free Press, GM is set to roll out the 2023 model Cadillac Lyriq, an all-electric SUV, with a special discount that...
General Motors Set to Outsell Toyota in the Second Quarter
The sales of new vehicles and cars in general in the United States have been slumping in recent weeks amid high prices. However, even in these rough times, General Motors is seemingly rising itself above the competition and recouping its place as America's favorite...