Maybe we're not ready to shift to fully electric vehicles. It is reported that Ford Motor (F, Financial) had lost billions of dollars with their EV (electric vehicles) production and General Motors (GM, Financial) announced a renewed interest in hybrids as their EVs don't sell as they researched earlier. GM has experienced difficulties with their EV sales and has decided to give up on their “Ultium” EV batteries brand. They also reduced inventories in China and restructured their EV arm. But Mary Barra, the ...

General Motors Company’s (GM) automobile division, Chevy, revealed that the 2025 Silverado EV will feature lower prices, increased driving range and new trim options. The starting price for the all-electric truck is $57,095 for the Work Truck (WT) model, with the LT trim being introduced for the first time. The Max Range version of WT will offer 492 miles of EPA range for $77,795. GM’s rival, Ford, also offers the F-150 Lightning Pro, a simpler version of its F-150 Lightning electric truck, starting at $54, ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersDETROIT — Wall Street reacted to General Motors' investor day on Tuesday with a shrug.Executives used the Detroit automaker's event to focus on broad, near-term updates to the company's operations in an attempt to separate itself from its competitors amid more challenging market and economic conditions. But it did little to move the company's stock.GM believes it is in a unique position to ...

U.S. legacy automaker General Motors (GM) held its Investor Day yesterday, offering insights into its ongoing transformation and future outlook. While the automaker is making strides in electric vehicle (EV) technology and cost efficiency, which bode well for the long term, short-term headwinds like slower EV adoption and rising costs persist. Investors are now wondering how they should approach GM stock. Before discussing what you should do with GM stock now, let’s break down the key takeaways from the com ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

文章核心观点 1. 通用汽车(GM)过去10年股价表现远低于标普500指数,但政府支持的电动车转型可能成为公司转型的机会[1] 2. 上世纪70-80年代通用汽车陷入"停滞时期",主要原因是政府政策的变化,而非公司自身原因[2] 3. 这次电动车转型也将是行业的一次大洗牌,但通用汽车已做好准备[2] 行业和公司总结 1. 电动车市场仍在持续增长,特斯拉虽然增速放缓,但通用汽车第三季度电动车交付量同比增长60%,正在利用经销商网络和品牌优势抢占市场份额[3] 2. 通用汽车正利用电动车技术转型来重振凯迪拉克品牌,推出了高端电动车型如Celestiq和Lyriq,获得了不错的市场反响[4] 3. 未来10年内,通用汽车有望利用电动车转型重塑自己,凯迪拉克品牌可能是最大受益者,因为高价车型利润更高[5] 4. 但电动车转型也可能会导致通用汽车内部品牌之间的相互竞争和蚕食,这对投资者来说并不乐观[5] 5. 不过,通用汽车目前股价估值较低,可能适合价值投资者关注[5]

General Motors' Chief Financial Officer, Paul Jacobson, announced during an investor day event that the company anticipates its adjusted earnings in 2025 to be similar to the current year's results. GM's adjusted earnings before interest and taxes (EBIT) target for 2024 is set between $13 billion and $15 billion, translating to $9.50 to $10.50 per share. This is an increase from the previous estimate of $12.5 billion to $14.5 billion, or $9 to $10 per share.Meeting the 2024 target and achieving similar earn ...

Brand new GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC on July 02, 2024 in Richmond, California.DETROIT — General Motors expects its 2025 adjusted earnings to be in a "similar range" to the company's results this year, CFO Paul Jacobson said Tuesday during the company's investor day.The Detroit automaker's targeted adjusted earnings before interest and taxes this year were between $13 billion and $15 billion, or $9.50 and $10.50 per share, up from previous guidance of $12.5 billion to $1 ...

General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan.DETROIT — General Motors will drop the name "Ultium" for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it rethinks its EV and battery operations.The Detroit automaker confirmed the switch Tuesday ahead of an investor event in which GM is expected to discuss the change.It also is expected to use the event to to ...