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GM extends SAIC partnership with new 20-year agreement following China overhaul
InvestorsHub6d agobullish
GM extends SAIC partnership with new 20-year agreement following China overhaul

General Motors (NYSE:GM) has renewed its joint venture with China’s SAIC Motor for another 20 years, marking a new chapter for the partnership after a major restructuring of its operations in the Chinese market that included factory closures and a streamlined vehicle lineup. The renewed agreement preserves the companies’ 50-50 ownership structure and places greater emphasis on developing vehicles within China to better meet the preferences of local consumers.

IBM’s Quantum Bet Just Got Bigger—What the HRL Deal Means for Investors
Insider Monkey8d agoneutral
IBM’s Quantum Bet Just Got Bigger—What the HRL Deal Means for Investors

The quantum computing field is continuing to advance. This can be seen from companies diversifying their strategies and governments getting more involved in funding the efforts. It’s against this backdrop that International Business Machines Corporation (NYSE:IBM) has agreed to acquire HRL Laboratories from Boeing Co. (NYSE:BA) and General Motors Co. (NYSE:GM). HRL Laboratories is a […]

GM Up 61%, Ford Up 6% In Five Year Stock Price Race
24/7 Wall St.8d agoneutral
GM Up 61%, Ford Up 6% In Five Year Stock Price Race

Two of America's biggest automakers poured billions into EVs, faced brutal write-offs, and fought for market share, yet their investors came away with wildly different results. The gap between them reveals something deeper than a few bad product bets.

Is General Motors (GM) Undervalued Or Already Priced For EV Charges?
Simply Wall St.10d agoneutral
Is General Motors (GM) Undervalued Or Already Priced For EV Charges?

General Motors stock has delivered a very strong 3 year run, yet its valuation signals do not line up neatly, with a Discounted Cash Flow (DCF) estimate pointing to upside while traditional earnings multiples lean the other way. On top of that, the broader valuation checks are cautious, which matters after such a sharp move. General Motors has returned 150.6% over the past 3 years, so investors are now facing a very different entry point than earlier in the rally. GM's refocus on higher...

GM leans into electrification with the Grand Sport X: Review
Yahoo Finance10d agoneutral
GM leans into electrification with the Grand Sport X: Review

Earlier this year, Chevy announced the Grand Sport would return to the Corvette lineup, and that's another good piece of news for General Motors' (GM) halo car that's doing well at the moment, with Corvette sales up about 24% in Q2.