U.S. President Joe Biden on Tuesday lauded General Motors Co’s (NYSE: GM) latest $7 billion electric vehicle investment in Michigan while giving himself credit for putting in place the "economic strategy" that is at the centre of the change.
General Motors Co (NYSE: GM) CEO Mary Barry and Ford Motor Co (NYSE: F) CEO Jim Farley are among key automotive and tech executives who will meet President Joe Biden
General Motors Corporation (NYSE: GM) has committed additional investment to further its electric vehicle push as it plays catch-up with the incumbents.
Although expectations in the automotive industry have been “set reasonably low” heading into the quarter, investors are likely to focus on outlooks for 2022 and beyond, according to BofA Securities.
General Motors Co. (NYSE:GM) announced today an investment of more than $7 billion in four Michigan manufacturing sites, creating 4,000 new jobs and retaining 1,000, and significantly increasing
Rating agency Fitch said on Tuesday it expects electric vehicles to remain a key growth driver in China’s car market.
What Happened: Fitch Ratings said EV volumes in China could reach 20% of the total share this year, up from 15.5% in 2021.
Tesla Inc’s (NASDAQ: TSLA) Fremont, California manufacturing plant turned out to be the most productive auto manufacturing plant in North America last year ahead of legacy rivals, Bloomberg News
Someone with a lot of money to spend has taken a bullish stance on General Motors (NYSE:GM).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.