Welcome to our dedicated page for General Motors Company news (Ticker: $GM), a resource for investors and traders seeking the latest updates and insights on General Motors Company stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect General Motors Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of General Motors Company's position in the market.
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Ascent Global Logistics has been named a 2023 General Motors Supplier of the Year for the tenth time, recognizing their commitment to excellence in providing innovative logistics solutions. GM praised Ascent for exceeding requirements and delivering high-quality services to the automotive industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
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Worthington Steel, Inc. (NYSE: WS) has been named a 2023 Supplier of the Year by General Motors for the third time, showcasing their commitment to customer value and innovation. With only 86 suppliers recognized out of 20,000, this award highlights their performance, innovation, and cultural alignment with GM's values.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.37%
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Rhea-AI Summary
General Motors Co. (GM) reported strong first-quarter 2024 results with revenue of $43.0 billion, net income of $3.0 billion, and EBIT-adjusted of $3.9 billion. GM raised its 2024 full-year guidance across key financial metrics. The company's financial outlook includes significant capital spending for investments in battery cell manufacturing. GM's leadership will host a conference call to discuss these results. The results show revenue growth, increased net income, and positive margins. The company continues its focus on an all-electric future with the Ultium battery platform.
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Rhea-AI Sentiment
End-of-Day
4.37%
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General Motors Co. (NYSE: GM) declared a second-quarter 2024 cash dividend of $0.12 per share, payable on June 20, 2024. The company is focused on advancing an all-electric future with the Ultium battery platform, selling vehicles under various brands like Chevrolet and Cadillac.
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Rhea-AI Sentiment
End-of-Day
4.37%
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Rhea-AI Summary
Universal Logistics Holdings, Inc. (NASDAQ: ULH) has been recognized as a 2023 Supplier of the Year by General Motors at its annual event in Miami, Florida. This is the third time Universal has received this prestigious award, highlighting their exceptional performance, innovation, and commitment to GM's values and goals. Tim Phillips, Universal's President and CEO, expressed pride in the team's dedication to customer satisfaction, emphasizing the focus on delivering value and service. GM's Vice President, Jeff Morrison, praised the award recipients for their contributions to the company's transformation and the development of world-class vehicles.
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Rhea-AI Sentiment
End-of-Day
1.98%
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GM Energy introduces a new product suite allowing customers to transfer power between electric vehicles (EVs) and homes. The company offers flexible bundle options and software integration through GM vehicle brand apps, enhancing energy management control. The Energy Live platform serves as an educational resource for customers.
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Rhea-AI Sentiment
End-of-Day
-0.05%
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Sensata Technologies, listed as NYSE: ST, has been named a 2023 Supplier of the Year by General Motors for supplying powertrain and high voltage battery components that enhance vehicle efficiency and safety. The award recognizes Sensata's innovative solutions, on-time deliveries during industry supply shortages, and commitment to exceeding GM's standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
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General Motors (GM) has named HARMAN, a subsidiary of Samsung Electronics Co., , as a 2023 Supplier of the Year for the third time. The award recognizes HARMAN's commitment to delivering innovative technologies and high-quality consumer experiences in the automotive industry.
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Rhea-AI Sentiment
End-of-Day
-0.91%
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GM Defense , a subsidiary of General Motors, has awarded Hendrick Motorsports as its 2023 Supplier of the Year for their outstanding support in providing innovative technologies and high-quality solutions for the Infantry Squad Vehicle (ISV). The ISV, based on the Chevrolet Colorado ZR2, features 90% commercial-off-the-shelf parts and is crucial for delivering next-generation military mobility solutions to the U.S. Army.
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Rhea-AI Sentiment
End-of-Day
-1.73%
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Neural Propulsion Systems (NPS) secures a $17.5 million Series B funding round led by Cota Capital with contributions from GM Ventures and RTX Ventures. The investment will enhance roadway safety and defense radar systems through the development of the award-winning Atomic Sensing Platform for automotive radar technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
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General Motors Company
NYSE:GM
GM Rankings
GM Stock Data
51.64B
1.15B
0.29%
96.56%
6.37%
Automobile Manufacturing
Manufacturing
United States of America
DETROIT
About GM
at general motors, we are passionate about designing, building and selling the world’s best vehicles. this vision unites us as a team each and every day and is the hallmark of our customer-driven culture. we set high standards for our company so that we can give you the best cars, trucks and suvs. it’s our commitment to deliver vehicles with compelling designs, flawless quality and reliability, and leading safety, fuel economy and infotainment features. the very things that create that special bond between driver and vehicle. whether it’s a chevrolet, buick, gmc, cadillac or holden, making the world’s best vehicles can only happen with the world’s greatest employees. we take great pride in our work, and take great care to deliver exceptional cars and a positive ownership experience to our customers in 140 countries around the world. for information on the gm privacy statement, please visit http://www.gm.com/privacy-statement.html