General Motors


Baidu In Talks To Raise Funds For Semiconductor Company – Report

Baidu is in talks to raise money for a stand-alone artificial intelligence (AI) semiconductor company in a move to diversify its operations beyond …

GM Extends Production Downtime At Some Plants Due To Chip Shortage

General Motors production has been hit hard by the semiconductor shortage. The automobile giant announced on Feb.

General Motors Embarks On Hiring Spree For EV Bonanza; Street Bullish

General Motors on Monday announced a plan to hire 3,000 engineering, design and IT employees, as the US automaker seeks to accelerate the …

Nikola Says Partnership Talks With GM On Track; Shares Gain

Electric truck startup Nikola said that it is continuing its discussions to try and ink a $2 billion deal with General Motors, sending …

Ford or General Motors: Which Automaker Stock Is A Better Pick?

The US auto sector is showing strong signs of recovery after facing severe disruptions earlier this year due to a demand slump and …

GM To Invest $2.2B Turning Detroit Plant Into New Electric-Vehicle Hub

General Motors (GM) has announced that it is investing $2.2B to reconfigure its Detroit-Hamtramck Assembly Center to an all-electric vehicle assembly plant, and …

GM China 3Q Vehicle Sales Jump 12%; Merrill Lynch Sees 87% Upside

General Motors reported on Monday that its car sales in China grew 12% in the third quarter ended September from the same period …

Goldman Sachs To Snap Up GM’s Credit Card Unit For $2.5B – Report

Goldman Sachs is on the cusp of clinching a deal to buy General Motors Co.’s credit-card business for about $2.

Nikola Pops 15% In Battle To Win Back Confidence

Nikola shares jumped 15% on Wednesday as the electric truck maker issued a lengthy statement confirming that it is making progress in achieving …

Nikola Shares Hit As Short Seller Claims EV Maker Is An ‘Intricate Fraud’

Shares in Nikola plunged 11% on Thursday after short seller Hindenburg Research released a report claiming that the maker of hydrogen-fueled vehicles is …

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