GM isn't alone in cutting personnel this year. Legacy automakers and startups have taken similar measures as markets, ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

General Motors (GM) will push back production of new electric vehicle (EV) motors at its St. Catharines, Ontario plant by 16 months, with operations now slated to begin in 2027. The automaker ...

GM shares hit their highest since February 2022 GM's Q3 adj. EPS of $2.96 exceeds estimates of $2.43 China operations to be restructured; lost $137 mln in Q3 To offset softer pricing next year ...

General Motors reported strong third-quarter 2024 profits on Tuesday, topping Wall Street's estimates and helping send shares surging more than 9%. Executives attributed the financial ...

General Motors shares traded at their highest level since January 2022. General Motors (GM) shares surged Tuesday after the biggest U.S. carmaker posted better-than-expected results and raised its ...

GM reported pretax income rose 15.5% and revenue shot up 10% as it held its average prices high and costs in check. But there ...

In the fourth quarter, GM says its EVs will be variable profit positive, meaning it's able to cover the cost of producing the vehicles. Executives expect to produce and wholesale about 200,000 EVs ...

That means GM is selling cars at higher average prices this year than it was in 2023. Its average transaction price in North America reached nearly $50,000. GM last year estimated that the strike ...

For 2024, GM said it will produce and wholesale 200,000 EVs. Jacobson reaffirmed a target of hitting "positive variable profits" for the EV division this year. Next year, GM will roll out new EVs ...

General Motors (GM) gave investors something to cheer early Tuesday morning after the automaker raised its guidance for a third time this year, in addition to easily beating third quarter revenue ...