The
General Motors Company (GM) has been attracting significant interest from various investment entities. Notably,
Edgar Lomax Co. VA invested $11.47 million in GM, while
Korea Investment CORP,
Ethic Inc., and
Integrated Investment Consultants LLC also increased their GM stakes. Additionally,
FCG Investment,
Boston Partners, and
American Century Companies Inc. bought GM shares, while
Algert Global LLC and
Nuveen LLC initiated new GM positions. However,
State of New Jersey Common Pension Fund D and
Raymond James Financial Inc. sold GM shares.
GM reported strong Q2 earnings, and its price target was increased due to strategic tariff management. It entered a partnership with
Hyundai for new vehicle development and sourcing and plans to invest $4 billion in
U.S. manufacturing plants.
GM's Q1 sales grew 17% on the strength in trucks, SUVs, and EVs. The company also saw its shares being heavily searched by investors. Furthermore, GM unveiled its plans to use U.S.-built batteries for energy storage and apply AI to advance its
manufacturing. The company recently faced a lawsuit from
Nebraska for allegedly collecting and selling driver data without consent.
General Motors Company GM News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 23 Aug 2025 21:12:44 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -4
