General Motors Company (GM) is experiencing fluctuation in their market activity, as reflected by multiple transactions taking place. Companies like
The Manufacturers Life Insurance Company,
Chou Associates Management Inc., and
Electron Capital Partners LLC have made new investments. In contrast, firms such as
Gabelli Funds LLC and
Point72 Italy S.r.l have reduced their holdings.
CEO Mary Barra has sold 40% of her personal stock in GM. The company is witnessing weak demand, prompting a reduction in output and work delays at major EV factories. Also noteworthy is the company's plan to halt irrational discounts on EVs as it reports record sales. The
second quarter earnings were strong, recording industry-leading growth in the first half of the year, leading to a PT raise by
Citi.
GM is making a significant $4 billion investment in its U.S. manufacturing plants and has announced partnership plans with
Hyundai Motor Company for five co-developed vehicles.
General Motors Company GM News Analytics from Tue, 11 Mar 2025 07:00:00 GMT to Sat, 06 Sep 2025 20:43:34 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor 4
