General Motors' (GM) recent strategic moves to restructure its business in China and refocus its Cruise autonomous driving business should be tailwinds for the company's stock, Deutsche Bank said in a note emailed Tuesday.
Deutsche Bank upgraded General Motors (GM) to Buy from Hold with a $60 price target into the Q4 report. The firm cites GM’s recent strategic
There was a silver lining as GM's sales rebounded in China during the fourth quarter. But make no mistake: This is a huge problem for automakers and their profits. Investors should keep a close eye on fourth-quarter results in China, and throughout 2025.
Once Norway's Vianode launches production in North America, the deal will run through 2033. The new plant could be in the U.S. or Canada.
Cadillac CT5-V Blackwing was officially unveiled in China, but there are no concrete plans to sell the high-performance sedan in the Asian country.
Detailed price information for General Motors Company (GM-N) from The Globe and Mail including charting and trades.
GM and its joint ventures sell 600,000 units in the fourth quarter, up 40.6% quarter over quarter, driven by strong performance in the NEV sector.
The deal runs from 2027, when Vianode expects to begin producing synthetic graphite at a new North American plant, to 2033, according the companies. The material will be used in battery cells manufactured by the Ultium Cells LLC joint venture between GM and battery supplier LG Energy Solution.
Svolt Energy unveils the Fengxing Short Blade Battery, recharging 10-80 percent in 8.5 minutes with 6C tech and 185 Wh/kg energy density.