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General Motors Newsroom
Here's What Trump's Economic Team Is Saying About Tariffs
Express News | Huifan Co., Ltd.: The company has achieved domestic substitution in the key components of Asia Vets-connected Autos relatively early.
Express News | The USA has announced new regulatory measures for AI chips.
Express News | NHTSA- Odi Closes Preliminary Evaluation on Est 28,058 General Motors Vehicles With Manufacturer Action
Express News | SAIC General Motors' Lu Xiao: The 6C LFP Battery developed in collaboration with Contemporary Amperex Technology will be used in vehicles this year.
Citi has lowered the Target Price for YUE YUEN IND to HKD 16.8 and downgraded the rating to 'Neutral'.
Citi released a research report stating that it has lowered the Target Price for YUE YUEN IND (00551) from HKD 20.3 to HKD 16.8, a decrease of 17.2%, due to an ETR below 15%. The investment rating has been downgraded from 'Buy' to 'Neutral'. The company released its monthly sales data for December on January 10, showing a growth of 13.5%, which was below expectations. Due to lower operating leverage in the fourth quarter of 2024, which reduces operating momentum, the bank has also cut its forecasts for MFG department gross margin (GM) expansion. Therefore, it has revised down its earnings forecast for 2024-2026 by 5-6%.
Citigroup: Maintains Buy rating for Shenzhou International Group Holdings Limited Unsponsored ADR, target price lowered to 103 Hong Kong dollars.
Citigroup released a research report stating that it has lowered the Target Price for Shenzhou International Group Holdings Limited Unsponsored ADR (02313) by 4.6% from HKD 108 to HKD 103, maintaining an investment rating of "Buy." Citigroup expects that due to improved order flow efficiency for sportswear and Lifestyle, Shenzhou International's revenue growth rate in the second half of the 2024 fiscal year will slightly exceed expectations. However, due to potentially slightly lower orders from Lifestyle (mainly from Uniqlo) in the first half of 2024, the bank expects the gross margin (GM) to be slightly lower in the second half than in the first half. Additionally, in China, some workers...
SA Asks: Is Honda Too Late to the EV Party?
Is Elon Musk's Mental Health a Cause for Concern? Biographer Thinks So
Express News | South Korea's Hyundai Motor reportedly donated 1 million USD to Trump's inauguration fund.
Express News | Last year, the six major automotive companies in South Korea achieved the highest export levels in nine years, but this year it may see a downturn due to multiple factors.
Two major pieces of news have come from Trump! Within a few hours after the inauguration ceremony, Trump will accomplish these significant tasks.
According to a report from Bloomberg on Thursday (January 9), the recently elected president of the USA, Donald Trump, plans to issue a series of executive orders within a few hours after his inauguration ceremony on January 20, addressing issues such as immigration, Energy, federal employees, and regulatory reforms. This is part of his comprehensive effort to swiftly implement his policy agenda after taking office.
U.S. Auto Industry Bracing for New Trade and Regulatory Landscape
Express News | GM: Russ O’blenes Has Been Named CEO of the New Venture
Express News | GM: Formation of GM Performance Power Units LLC With Twg Motorsports
A Look Back at the US EV Market in 2024: What to Expect in 2025
1 Reason Why GM Stock Is Soaring Above Rival Ford
Breaking news from Trump! Trump is considering declaring a "national economic emergency." What is going on?
Four informed sources told CNN that the elected president of the USA, Trump, is considering declaring a "national economic emergency" to provide legal grounds for imposing a large number of universal tariffs on allies and rivals. This declaration would allow Trump to utilize the International Emergency Economic Powers Act to formulate a new tariff plan.
Five Largest S&P 500 Stocks Surpass 60-year High in Market Concentration
Top S&P 500 SA Quant Rated Stocks to Start 2025: UAL, WFC, GM, and More