General Motors

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GM shares jump on improved earnings forecast

General Motors said it expects 2018 adjusted earnings per share to exceed its prior estimates and forecast 2019 earnings above Wall Street expectations, sending its shares up. Fred Katayama reports. GM shares jump on...

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Car demand collapse outruns GM’s moves

General Motors Co’s GM.N monumental announcement on Monday that it will close three car assembly plants in North America and slash its workforce will only partially close the gap between capacity and demand for...

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Trump may announce GM shutdown consequences

White House economic adviser Larry Kudlow on Tuesday indicated President Donald Trump may announce specific ramifications for General Motors Co’s plans to cut thousands of jobs and potentially close some of its North America...

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GM to cut car production in North America

General Motors will significantly cut car production in North America and stop building some low-selling car models, sources tell Reuters. And as Fred Katayama reports, it is expected to announce significant planned reductions to...

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GM boosts profit despite China slowdown

Strong sales of higher priced vehicles helped General Motors buck a sales slowdown in China and the U.S. As Fred Katayama reports, the automaker also put out a bullish forecast. GM boosts profit despite...

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GM wants Trump to back electric vehicles

General Motors says it wants the Trump administration to back a nationwide program to boost the sale of zero emission vehicles, like electric cars. Fred Katayama reports. GM wants Trump to back electric vehicles