General Motors Company
Latest General Motors Company News and Updates
Tesla’s Elon Musk Mocks Gasoline Cars Yet Again
Tesla CEO Elon Musk has mocked gasoline cars once again. Tesla stock is underperforming legacy automakers this year.
Tesla versus NIO: Here’s the Key Difference
Both Tesla and NIO began their journies in the highly capital intensive automobile industry in a similar fashion.
Morgan Stanley Sees Ford’s Dip as a ‘Buying Opportunity’
Yesterday, Morgan Stanley upgraded Ford Motor Company stock from “equal weight” to “overweight” and increased its target price.
Should Tesla, NIO Worry about Hyundai’s Solar Roof Car?
Hyundai has launched a car with a solar roof, adding to the competition in the EV (electric vehicle) space for Tesla and NIO.
Is Musk Serious about Making 2019 the Year of Solar?
Tesla (TSLA) CEO Elon Musk has said that 2019 could be “the year of the Solar Roof.” Tesla may be installing a solar roof at its Fremont plant.
GM Beats Q2 Earnings Estimates, Talks Partnerships
General Motors (GM) reported its Q2 earnings today, beating analysts’ estimates. Its second-quarter adjusted EPS of $1.64 beat analysts’ estimate of $1.44.
Why Harley-Davidson Stock Fell 2% after Its Q1 Earnings Report
Heavyweight motorcycle maker Harley-Davidson (HOG) released its earnings results for the first quarter of 2019 on April 23.
Tesla Stock Jumps After Elon Musk Slams the Auto Industry
On Wednesday, Tesla (TSLA) stock surged nearly 2% after CEO Elon Musk slammed the auto industry in an interview.
Elon Musk Tries to Motivate Tesla Employees Keeping Their Jobs
This morning, CEO Elon Musk, in a post on Tesla’s official blog, announced that Tesla is laying off 7% of its full-time employees.
Tesla’s Leaked Email Is a Nightmare for Bears and Other Automakers
Tesla (TSLA) seems to be preparing to take the electric car race to the next level.
US Market Turns Positive, Mnuchin Hints toward US-China Deal
On June 26, the US index futures were pointing toward a positive market opening. Treasury Secretary Steven Mnuchin hinted toward a possible US-China trade deal.
China’s Car Sales Aren’t Just Falling Anymore, They’re Crumbling
Car sales in China, the world’s biggest automotive market, fell year-over-year in 2018 for the first time in more than two decades. Automotive sales have contracted in China for 11 consecutive months now. The slowdown only seems to be deepening, and last month, China’s car sales fell a whopping 16.4%.
Is Tesla Really Doing More Harm than Good to the Environment?
On April 1, the US Environmental Protection Agency imposed a $31,000 penalty on Tesla (TSLA) for federal hazardous waste violations.
Tesla to Pay a $31,000 Penalty for Hazardous Waste Violations
American electric carmaker Tesla was founded in 2003 with a mission “to accelerate the world’s transition to sustainable energy.”
Trump’s Criticism Has Hurt General Motors Stock
Last week, General Motors (GM) traded on a negative note and ended the week with 4.3% losses against an 0.8% drop in the S&P 500 Index.
FCAU’s US Jeep Sales Fell 4% in February, but Ram Sales Rose 24%
In February, Fiat Chrysler’s Jeep brand sales weakened for the second consecutive month after rising for the previous 12 months.
Can General Motors Improve Its Profit Margins in 2019?
In 2018, a positive mix helped General Motors (GM) boost its revenue despite its declining sales volumes.
Analyzing the Recent Trend in GM’s Revenue
In the fourth quarter of 2018, General Motors’ (GM) revenue rose 1.8% YoY (year-over-year) to $38.4 billion.
Could NIO Be on Warren Buffett’s Radar after Recent Stock Fall?
Chinese electric carmaker NIO (NIO) continued to burn cash in the fourth quarter.
The Top Five Investors in NIO, the ‘Tesla of China’
According to Reuters, Baillie Gifford was the largest investor in NIO as of December 31.
Analyzing the Trends in Tesla’s Valuation Multiples in Q1
Tesla is still a growth company, unlike other legacy auto companies, which have proven track records spanning decades.
3 Things Elon Musk Said Today That You Might Have Missed
Early this morning, before the market opened, Musk revealed that TSLA is reducing its full-time workforce by 7%.
Why Tesla Stock Fell More than 8% on January 18
At 6:46 AM EST on January 18, Tesla (TSLA) shares fell 8.4% in the pre-market session from the previous day’s closing.
‘If I Was Elon Musk, That Would Really Bother Me’: Paul Tudor Jones
In the fourth quarter, Tesla (TSLA) is proving to be one of those exceptional stocks that have seen stellar gains despite the broader market sell-off.
Did AutoZone Resume Its Promotional Strategy in Q1 2019?
AutoZone’s performance is mainly divided into two business segments: DIY (do it yourself), or Retail, and DIFM (do it for me), or Commercial.
How NIO’s Battery Swap Option Compares to Tesla’s Superchargers
NIO vehicle buyers have several options to charge their electric vehicles (or EVs) including Power Swap, Power Mobile, Power Home, and using China’s nationwide EV charging network.
Is Ferrari’s Growth in China Enough to Please Investors?
In the third quarter, Ferrari (RACE) reported net revenue of 838 million euros, or ~$956 million.
Is GM’s Dropping Global Market Share a Concern?
In the third quarter, General Motors’ (GM) global market share fell to 8.6% from 10.0% in the third quarter of 2017.
Here’s How GM Managed to End Its Negative Revenue Trend in Q3
In the third quarter, General Motors’ (GM) revenue stood at $35.8 billion, an increase of about 6.4% from $33.6 billion in revenue in the third quarter of 2017.
What Helped Fiat Chrysler Expand Its Profit Margin in Q3 2018?
A couple of years quarters ago, FCAU had a bad reputation for having the lowest profit margins among legacy automakers (FXD).
How Ferrari’s Valuation Looks before Its Q2 2018 Earnings Event
On July 25, Ferrari’s (RACE) forward EV-to-EBITDA multiple was 19.0x.
Tesla’s Quest to Become an Electric Vehicle Leader in China
Tesla’s stock price posted a high of $327.33 in early trade on July 10. The stock price settled at $322.47 with 1.2% gains for the session.
Vehicle Sales in China: May Was Strong
According to the China Association of Automobile Manufacturers, vehicle sales in China were 2.29 million units in May, a 9.6% rise YoY.
Analyzing Delta Air Lines’ Free Cash Flow
Considering the data in the past five years, Delta Air Lines (DAL) has been generating a strong FCF. Delta Air Lines’ five-year average FCF is $3.08 billion.
Comparing the Auto Industry’s Valuation Multiples
Valuation multiples are often used by investors to compare auto companies similar in size or business nature.
A Look at Toyota’s Fiscal 2018 Revenue from North America
Toyota Motor’s (TM) vehicle sales in North America fell 1.1% YoY (year-over-year) to 2.8 million units in fiscal 2018.
A Look at General Motors’ Debt Levels
At the end of 4Q17, General Motors’ debt-to-equity ratio was 2.7x.
Comparing Auto Industry Valuation Multiples
In the auto sector, valuation multiples are used by investors to compare companies that are similar in size or business.
Ford Reported 11th Consecutive Month of F-Series Sales Gains
In March 2018, Ford Motor Company’s (F) F-Series truck US sales totaled 87,000 units, reflecting a sales rise of ~7% on a YoY (year-over-year) basis.
Analyzing Toyota’s Recent Financial Performance
In its fiscal 3Q18 (which ended December 31, 2018), Toyota’s adjusted earnings rose 97.4% year-over-year to ~315 JPY (or Japanese yen).
How Ford’s Key Brands Performed in China in February 2018
In 4Q17, Ford Motor Company’s (F) Asia-Pacific region’s revenue rose 11% YoY (year-over-year).
How Foreign Automakers’ Stock Has Fared in March 2018
According to Autodata, US auto sales fell 2.4% year-over-year in February.
A Closer Look at GM’s US Sales by Brand in February 2018
In 2017, General Motors’ (GM) Chevrolet brand’s retail sales fell 1.0% YoY (year-over-year). Chevrolet’s total US sales also fell 1.5% YoY in the year.
Why AutoZone’s Profit Margin Failed to Impress in Fiscal 2Q18
AutoZone’s 2Q18 earnings Previously, we looked at how AutoZone’s (AZO) key business segments fared in 2Q18. The company’s focus on improving parts availability and the in-store experience continued to drive growth. AZO’s commercial and online retail business traffic grew during the quarter. Let’s find out how these factors affected AutoZone’s profitability in 2Q18. Profit margin in 2Q18 […]
Fiat Chrysler’s European Sales Rose in January 2018
In January 2018, Fiat Chrysler Automobiles’ (FCAU) total European sales reached ~85,000 vehicle units.
Comparing China and US Vehicle Sales in January 2018
In January 2018, total US auto sales rose about 1.0% YoY to 1.15 million vehicle units, reflecting a slower growth rate than China.
Why Couldn’t Ford Perform Well in Europe in 4Q17?
The company’s revenues from its largest market rose, but it couldn’t manage to post a stronger profitability from the region in the fourth quarter last year.
Fiat Chrysler Stock Began 2018 with a Bang after a Solid 2017
Last week, Fiat Chrysler stock (FCAU) continued to soar and posted solid weekly gains of 7.4%.
Why Toyota’s US Sales Continued to Drop in December 2017
In December 2017, Toyota Motor (TM), the largest Japanese automaker, reported an 8.3% year-over-year (or YoY) decrease in its US sales volume to 222,985 units.
Analyzing General Motors’ Falling Revenues in 2017
In the third quarter of 2017, General Motors’ revenues stood at $33.6 billion, demonstrating a massive drop of 13.5% compared to $38.9 billion in 3Q17.