Tag: GM

Activity, Trading

Stocks making the biggest moves midday: Twitter, Tilray, Under Armour, Lyft, GM & more

February 10, 2021


General Motors – Shares of the legacy automaker dropped about 3.5% after the company warned that a global semiconductor shortage could take a major bite out of its earnings in 2021. GM’s fourth-quarter results beat expectations on the top and […]

Activity, Insurance

GM Launches OnStar Auto Insurance Services Platform

November 18, 2020

Via: TheStreet

General Motors (GM) – Get Report on Wednesday unveiled a new digital auto insurance platform, OnStar Insurance. A new insurance agency, OnStar Insurance Services, will be the exclusive agent for OnStar Insurance. GM customers who subscribe to the OnStar vehicle-safety […]


Goldman in the running for GM’s credit card business

August 12, 2020

Via: Market Watch

Goldman Sachs Group Inc. is seeking to acquire General Motors Co.’s credit-card business, doubling down on consumer banking and betting on a future where people pay for gas, takeout and groceries from the driver’s seat. The Wall Street firm is […]

Capital and Risk, Macroeconomic

Auto-Dealer Lots Are Full of SUVs and That’s Bad for the U.S. Economy

May 29, 2019

Via: TheStreet

Big automakers like Ford (F – Get Report) and General Motors (GM – Get Report) have been cranking out light trucks and SUVs over the past year at a record rate of 8 million annually. But sales haven’t kept up, […]