GM is partially shutting down Hummer EV and Cadillac Escalade IQ production, "to align with market dynamics". Translation: nobody wants these stupid $150,000 abominations.
General Motors
GM
NYSE
IPO2010
about GM
General Motors is a global automotive company that designs, manufactures, and sells a wide range of vehicles under brands like Chevrolet, Cadillac, Buick, and GMC, while also investing heavily in electric and autonomous vehicle technologies, and providing automotive financing services.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $82.07 | $83.04 | $81.18 | $76.5B | 10.73M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| +$1.37 | 8.75 | 1.61 | 2.21% | 2.66% | 0.74% |
Fastest Corvette ever just launched - ZR1X goes 0 to 60 mph in under 2 seconds.
https://www.cnbc.com/2025/06/17/chevy-corve...
Can't help but think these Halo cars don't actually do anything to help the bottom line.
GM claims they are going to invest $4 billion dollars in U.S. vehicle plants.
General Motors just announced they will stop exporting vehicles from the United States to China.
> “Due to significant changes to economic conditions, we have decided to restructure The Durant Guild and correspondingly optimize GM China’s operations,” the spokesperson said in a statement.
Thanks, Tariff man!