General Motors

3 articles

Volkswagen stock surges as 50,000 jobs cut in radical overhaul

Shares in Volkswagen soared after the automaker unveiled a sweeping plan to eliminate 50,000 jobs and halve its model lineup. While investors welcomed the aggressive cost cuts, the company faces mounting risks from global rivals and macroeconomic headwinds.

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GM Faces Investor Pressure as Escalade Engine Failures Trigger Probe

General Motors is under renewed scrutiny after thousands of engine failure complaints involving its high-end SUVs and trucks, raising questions about the effectiveness of a major recall and the potential for higher warranty costs

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GM Stock Price Targets Rise After Strong Q2 Earnings Beat

General Motors delivered a 30% profit jump in the second quarter, prompting major Wall Street analysts to raise their price targets and earnings forecasts despite ongoing industry headwinds

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