Tag: General Motors

Netflix Inc has unveiled its latest strategic decision involving auto manufacturer General Motors. The company revealed that it will feature GM electric vehicles in some of its upcoming programming. The streaming giant announced on Thursday that it has reached an agreement with General Motors to...

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...

Automaker General Motors still thinks they can have great success in China despite recent obstacles related to the country’s strict COVID-19 rules and supply issues. Speaking at a recent All Markets Summit, GM’s CEO Mary Barra expressed optimism that the company can bounce back to...

The week is off to a bad start for Ford and General Motors. After their stocks have been downgraded to Sell by UBS analyst Patrick Hummel, Ford’s shares dipped around 7% while GM saw its own shares plunge more than 5%. Hummel based his evaluation...

Automaker General Motors decided to revise the recently announced plan for return-to-office policy changes after receiving strong pushback from its workers. According to GM’s CEO Mary Barra, the company recognized the criticism and won’t implement the changes in 2022. The GM employees received an email...

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...