General Motors (GM) reached $83.95 at the closing of the latest trading day, reflecting a +2.13% change compared to its last close.
GM's defense unit is supplying Lockheed Martin with Patriot missile components, adding to its growth prospects and potential military contracts.
Detroit's Big Three are going back to their roaring V8 roots. V8s were on death's doorstep as federal emissions regulations bore down on automakers.
The S&P 500 Index will likely be highly volatile this week as investors watch the rising geopolitical tensions and the upcoming Trump-Xi summit in Washington. This article looks at some of the top constituent companies that may be affected during the meeting.
Recently, UBS raised its price target sharply on shares of General Motors (NYSE:GM) days before the automaker reports earnings, claiming investors overlook a part of the business.
Government industrial policy is moving in favor of Ford (F -2.94%) and General Motors (GM -5.10%) in some areas.
GM is now making housing components for Patriot missile interceptors. It delivered the first batch just 22 days after signing a contract with Lockheed Martin.
A group representing carmakers and dealers warned against any deal that might allow the sale or manufacture of Chinese cars in the U.S.
Major automakers, suppliers and dealers on Friday urged President Donald Trump to keep Chinese automakers out of the US market, ahead of his meeting with China's President Xi Jinping next week.
Leaders of six major auto trade groups urged President Donald Trump to maintain policies that "keep the door firmly shut" for Chinese automakers to operate in the U.S. The letter to the president comes ahead of Chinese President Xi Jinping's visit to Washington, D.C., next week.