Detroit-based automaker General Motors Co. took 2021 by the steering wheel, announcing plans to double revenue to $280 billion by the end of this decade as it transitions to all-electric vehicles and extends its efforts with data-subscription services and more. But...
General Motors Co. is working overtime in the electric vehicle industry, saying it’ll beat out the top dog in EV sales, Tesla. The possibility of doing so seems impossible, though. After CEO and Chair, Mary Barra, told CNBC on Oct. 27, that it’s determined to beat...
By: Keira Wingate General Motors Co (GM) is stepping on the gas in the electric vehicle race (EVs). The latest earnings show positive growth, only furthering momentum that EVs will lead to an even better fourth quarter. GM’s third-quarter earnings, released on Oct....
By: Keira Wingate General Motors President Mark Reuss revealed three all-new motors and five interchangeable drive units known as “Ultium drive” for its electric vehicles during a Mackinac Policy Conference on Sept. 21. All the motors are designed to work in a wide...
By: Keira Wingate The automotive industry hasn’t hit the breaks since the start of the pandemic, defying the roadblocks stacked against them. Over the past year, General Motors (GM), Ford (F) and Tesla (TSLA) have outperformed the S&P 500 Index despite ongoing...
Investment Journal
Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.
Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.