General Motors Company (NYSE:GM) shares climbed over 8% in Wednesday pre-market trading after the US carmaker reinstated its 2023 earnings guidance and announced a $10 billion accelerated share repur
GM provided a financial update ahead of an investor meeting that starts at 8 a.m. Eastern time.
General Motors said on Wednesday it will buy back $10 billion in shares and boost its dividend by 33%, even as it cuts spending at its troubled robotaxi unit Cruise and lowered profit expectations fol
General Motors Co.'s stock GM soared 5% early Wednesday, after the car maker said its reinstating its 2023 earnings guidance and conducting a $10 billion accelerated share buyback program. The company
GM pulled its guidance when it reported its third-quarter earnings on Oct. 24, citing volatility caused by the UAW negotiations and labor strikes.

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General Motors Company (NYSE:GM) is reducing spending on its self-driving unit Cruise after it suspended testing of its robotaxis following an accident involving a pedestrian, Financial Times reported
General Motors will scale back spending on its self-driving unit Cruise, after a pedestrian accident last month, Financial Times reported on Tuesday.
General Motors' growth strategy of autonomous robotaxis appears uncertain due to safety concerns and the resignation of Cruise's CEO. The company's plan to produce thousands of Origin vehicles for its
Sales of electric vehicles (EVs) rose by an order of magnitude between 2017 and 2022, from about 1 million to 10 million.
General Motors' (GM) subsidiary Cruise scales back its robotaxi ambitions to one city and delays Origin's production amid a challenging safety and regulatory landscape.
Recently, Zacks.com users have been paying close attention to General Motors Company (GM). This makes it worthwhile to examine what the stock has in store.
General Motors Company (GM) reported earnings 30 days ago. What's next for the stock?
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