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General Motors Co. in Detroit plans to invest $888 million in its Tonawanda Propulsion plant, north of Buffalo and along and inland from the Niagara River, to support the production of the sixth ...
A guidance boost could help GM stock’s depressed valuation ... closing at $48.93 apiece, while the S&P 500 and Dow Jones Industrial Average were down 0.2% and 0.8%, respectively.
That is a third higher, and is a considerable boost for investors ... a meager US$ 500 million in 2023 – this is not expected to increase massively in the near future. GM invested over US$ ...
We are raising our fair value estimate to $78 per share from $77 on the time value of money and after incorporating $500 million of the $1 billion in annual savings GM expects to realize once the ...
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The Manila Times on MSNGM to invest US$888 million for engine production at New York facilityDETROIT] General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a ...
Automotive giant General Motors(NYSE:GM) reported strong earnings for the ... crushing outperformance compared to 178% for the S&P 500.* *Stock Advisor returns as of January 27, 2025 JesterAI ...
GM taps Nvidia’s AI to challenge Tesla’s self-driving dominance, betting big on autonomous vehicle technology. Uber’s Cruise partnership could accelerate, leveraging GM’s Nvidia-powered ...
For comparison, the S&P 500 and Dow Jones Industrial Average were ... That was likely due to GM's new-car pricing. It was resilient in the quarter thanks in part to the mix of vehicles sold.
The automaker will use the deep-pocketed tech giant’s chips and software to develop next-gen autonomous cars, robots, and manufacturing processes. The automaker will use the deep-pocketed ...
GM's China joint venture SAIC-GM announced the fastest-charging EV battery in the world, developed in partnership with battery giant CATL. The new battery, which will be used in the next ...
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