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A Buick SUV May Cost an Extra $8,000 After China Tariffs

Buick buyers may be in for some sticker shock. Buick buyers may be in for some sticker shock after President Donald Trump's tariffs on $50 billion in Chinese imports. The General Motors Co. brand's Envision sport utility vehicle, whic.....»»

Category: europeSource: fortuneJun 16th, 2018

General Motors comfortably beats Wall Street earnings expectations despite chip headwinds

The automaker still expects to bring in between $10 billion and $11 billion in adjusted pretax profit this year, desp.....»»

Category: personnelSource: nytMay 5th, 2021

After Walmart Invests In Cruise, GM Stock Analyst Says AV Unit Worth $10/Share

Back in January, General Motors Company (NYSE: GM) announced a funding round of $2 billion for its autonomous vehicle segment Cruise that included Microso .....»»

Category: blogSource: benzingaApr 15th, 2021

General Motors made $6.4 billion in 2020, despite COVID-19

General Motors’ profit fell 4.5% in 2020, but a strong second half more than offset the effects of pandemic-related factory closures and a costly air bag recall. Buyers bought more expensive trucks and SUVs and loade.....»»

Category: topSource: chicagotribuneFeb 10th, 2021

Microsoft is the latest investor to join GM"s Cruise in a round that values the self-driving firm at $30 billion

General Motors and Cruise will also switch to Microsoft's Azure cloud network as part of the deal, which sent GM's stock price soaring. .....»»

Category: personnelSource: nytJan 19th, 2021

Oil ends higher, buoyed by stimulus enthusiasm

Oil futures ended higher Tuesday, lifted by enthusiasm over the delivery of a $900 billion package of emergency coronavirus relief spending signed into law by President Donald Trump over the weekend. West Texas Intermediate crude.....»»

Category: topSource: marketwatchDec 29th, 2020

Trump"s former national security advisor calls his defense-bill veto "a shameful last act of a failed presidency"

John Bolton called Trump's veto of the $741 billion defense-spending bill "pointless." Congress is preparing to .....»»

Category: personnelSource: nytDec 23rd, 2020

Trump"s former national security advisor calls his defense bill veto "a shameful last act of a failed presidency"

John Bolton called Trump's veto of the $741 billion defense spending bill "pointles.....»»

Category: personnelSource: nytDec 23rd, 2020

Trump Vetoes Defense Spending Bill; Congress To Vote Again

President Donald Trump vetoed the annual defense policy bill on Wednesday, which authorizes more than $740 billion in spending and outlines Pentagon policy, according to The Associated Press. read more.....»»

Category: blogSource: benzingaDec 23rd, 2020

Port Expansion Included In Giant Federal Spending Package

President Donald Trump is expected to sign on Tuesday a massive relief and federal spending package passed by Congress late Monday that authorizes major port expansion projects and opens $1 billion in funds for harbor maintenance dredging. read more.....»»

Category: blogSource: benzingaDec 22nd, 2020

Earnings Scheduled For May 6, 2020

Companies Reporting Before The Bell General Motors Company (NYSE: GM) is projected to report quarterly earnings at $0.33 per share on revenue of $31.12 billion. read more.....»»

Category: blogSource: benzingaMay 6th, 2020

Ferrari is now worth more than General Motors and Ford

Ferrari's market value surged to $30 billion this morning, more than the value of General Motors or Ford Motor......»»

Category: topSource: moneycentralMay 4th, 2020

Trump signs $484 billion virus rescue package

President Donald Trump on Friday signed a $484 billion spending package that includes more money for small businesses, the latest bid by Washington lawmakers to rescue an economy devastated by the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 25th, 2020

Congress sends President Trump a nearly $500 billion coronavirus stimulus package for small business, hospitals in latest bid to counter the pandemic

Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday.Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday......»»

Category: topSource: chicagotribuneApr 24th, 2020

Here"s where $881 billion in U.S. aid went in month of spending

The Trump administration has doled out roughly $881 billion from the major components of the pandemic relief package signed into law one month ago, and soon will have a half trillion dollars more to shovel into the economy......»»

Category: topSource: moneycentralApr 24th, 2020

GM sets $1.95 billion credit line for GM Financial

General Motors Co. has entered a revolving-credit agreement with a banking syndicate that includes JPMorgan Chase and Citibank, the company said in a filing late Friday. The unsecured credit line gives it a borrowing ca.....»»

Category: topSource: marketwatchApr 17th, 2020

Trump"s attack on GM over ventilators quickly turns to praise

President Donald Trump, who excoriated General Motors Co on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackle the coronavirus pandemic, has abruptly shifted gears to praise the automaker......»»

Category: topSource: reutersMar 30th, 2020

Utilizing Defense Production Act, President Trump Seeks to Force General Motors to Produce Ventilators

Experts say the U.S. is hundreds of thousands of breathing machines short of what it likely will need to treat cases (DETROIT) &mdash.....»»

Category: topSource: timeMar 27th, 2020

Trump orders GM to make ventilators

President Donald Trump has ordered General Motors to make ventilators under the Defense Production Act hours after criticizing the company for not acting quickly enough to produce the supplies amid the coronavirus pandemic......»»

Category: topSource: moneycentralMar 27th, 2020

Trump tells GM: Stop "wasting time", build ventilators to address coronavirus

U.S. President Donald Trump on Friday invoked emergency powers to require General Motors Co to build much-needed ventilators for coronavirus patients after he accused the largest U.S. automaker of "wasting time" during negotiations......»»

Category: topSource: reutersMar 27th, 2020