General Motors Company (GM)
| Market Cap | 54.65B |
| Revenue (ttm) | 178.09B |
| Net Income (ttm) | 11.00B |
| Shares Out | 1.12B |
| EPS (ttm) | 8.81 |
| PE Ratio | 5.52 |
| Forward PE | 4.97 |
| Dividend | $0.48 (0.99%) |
| Ex-Dividend Date | Sep 6, 2024 |
| Volume | 12,024,310 |
| Open | 49.49 |
| Previous Close | 48.66 |
| Day's Range | 48.20 - 49.86 |
| 52-Week Range | 26.30 - 50.50 |
| Beta | 1.44 |
| Analysts | Buy |
| Price Target | 54.57 (+12.24%) |
| Earnings Date | Oct 22, 2024 |
About GM
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names. In addition, the company sells trucks, crossovers, cars, and automobile parts through retail dealers, and distributors and dealers, as well as to fleet customers, including dai... [Read more]
Financial Performance
In 2023, General Motors Company's revenue was $171.84 billion, an increase of 9.64% compared to the previous year's $156.74 billion. Earnings were $10.02 billion, an increase of 12.41%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for GM stock is "Buy." The 12-month stock price forecast is $54.57, which is an increase of 12.24% from the latest price.
News
GM's Cruise to begin testing autonomous vehicles in California
General Motors' self-driving unit Cruise said on Thursday it will begin supervised testing with up to five autonomous vehicles in fall this year in California's Bay Area.
Cruise robotaxis return to the Bay Area nearly one year after pedestrian crash
Cruise is returning to the streets of Sunnyvale and Mountain View for the first time since it paused operations in the Bay Area after a robotaxi struck a pedestrian in October 2023.
Correction: Tonner Drones Convenes GM and Expands Strategy
Tonner Drones Convenes GM and Expands Strategy Cannes, 18 September 2024 18:00, Tonner Drones (the “Company”) is pleased to announce that it is convening a shareholders' general meeting to be held on ...
GM Owners to Get Access to Tesla Superchargers
General Motors Co.'s electric vehicle customers are getting access Tesla Inc. Superchargers starting this month, following an agreement struck last year between Chief Executive Officers Mary Barra and...
Final Trades: Energy Transfer, Trade Desk, Alphabet and General Motors
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Tonner Drones Convenes GM and Expands Strategy
Tonner Drones Convenes GM and Expands Strategy Cannes, 18 September 2024 18:00, Tonner Drones (the “Company”) is pleased to announce that it is convening a shareholders' general meeting to be held on ...
GM to Start Selling Tesla Charging Adapters, Avoids Strike With Canadian Union
General Motors (GM) buyers will soon be able to access Tesla's (TSLA) network of charging stations.
General Motors ($GM) Expands EV Charging Network Through Tesla ($TSLA) Superchargers
General Motors (NYSE: GM), a leading EV manufacturer, has further expanded its charging network with the addition of nearly 18,000 Tesla (NASDA: TSLA) Superchargers. This move is part of a larger effo...
General Motors to sell adapters to use Tesla's supercharger EV network
GM offering an approved NACS DC adapter for purchase through its apps.
GM's EV drivers are finally getting access to the Tesla Supercharger network
GM is the latest company to get access to Tesla's Superchargers. Most major automakers said last year they would adopt Tesla's NCAS.
G.M. Electric Vehicles Gain Access to Tesla Chargers
After a delay of several months, General Motors said owners of its battery-powered models would now be able to use Tesla charging stations with adapters.
GM EV Drivers Will Have Access to Even More Public Chargers with the Addition of Over 17,800 Tesla Superchargers
EV drivers will be able to use GM vehicle brand apps to purchase a GM approved NACS DC adapter, as well as find, charge, and pay for sessions GM EV customers will ultimately have access to more than 2...
Canadian union, GM reach tentative agreement
Canadian labor union Unifor said on Wednesday it has reached a tentative agreement with General Motors for workers at automakers' plant in Ingersoll, Ontario.
Canadian union, GM extend contract talks deadline, averting strike at Ontario plant
Canadian labor union Unifor extended its deadline for contract negotiations with General Motors on Tuesday, averting a strike at the plant in Ingersoll, Ontario that makes electric vehicles and batter...
Automakers will need to discount cars to sell them, says Wells Fargo's Colin Langan
Colin Langan, Wells Fargo automotive and mobility analyst, joins ‘Power Lunch' to discuss car prices, automakers balancing slowing EV demand with meeting EPA goals, and more.
GM in Talks to Buy Chinese Batteries Made in US by TDK
General Motors is in discussions to buy electric vehicle batteries that would use technology from China's Contemporary Amperex Technology Co. and be assembled at a new plant slated to be built in the ...
GM, Hyundai To Work Together To Cut Costs, Develop New Vehicles
Two of the world's biggest carmakers are teaming up to find ways to cut expenses, get products to customers faster, and develop new vehicles.
The First Retail Production All-Electric 2025 Cadillac ESCALADE IQ, VIN 001, to Cross the Barrett-Jackson Auction Block to Benefit Detroit Children's Fund
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #barrettjackson--This October, Barrett-Jackson, The World's Greatest Collector Car Auctions, will continue its 50-plus year legacy of philanthropy by auctioning th...
GM in talks to buy Chinese EV batteries built in the US, Bloomberg News reports
General Motors is in talks to buy electric vehicle batteries relying on technology from China's CATL , assembled at a new plant to be built in the US, Bloomberg News reported on Thursday, citing peopl...
GM and Hyundai to explore cooperating on vehicles, supply chain and clean-energy technology
General Motors Co. and Hyundai Motor Co. said Thursday they have signed a memorandum of understanding to explore collaboration on vehicles, supply chain and clean-energy technologies in a move aimed a...
GM, Hyundai Motor to explore joint vehicle development projects
General Motors and Hyundai Motor Co said on Thursday they have agreed to explore future collaboration across key strategic areas including potential joint vehicle development, supply chain issues and ...
GM and Hyundai agree to explore collaboration on vehicles and manufacturing to reduce capital spending
General Motors and Hyundai Motor said they have entered into an agreement to explore "future collaboration across key strategic areas" in an effort to reduce capital spending and increase efficiencies...
Hyundai and GM Sign Memorandum of Understanding to Explore Collaboration on Vehicles, Supply Chain and Clean-Energy Technologies
Hyundai Motor and GM to investigate joint product development, manufacturing and future clean energy technologies Both companies to target improved efficiencies and increased competitiveness through c...
GM, Hyundai Explore Partnership to Develop Vehicles Together
General Motors GM -0.33%decrease; red down pointing triangle and Hyundai Motor 005380 3.80%increase; green up pointing triangle are exploring a partnership that could mean savings on items like steel ...
Why Did GM Stock Drop 5% In A Day?
General Motors stock declined by over 5% in Tuesday's trading, falling to $43 per share. Although GM remains one of the best-performing large auto stocks this year, rising by about 25% year-to-date, d...