GM And Navistar Reach Commercial Vehicle Agreement
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UBS Cuts Price Target on General Motors (GM) to $48 Following Investor Day
October 2, 2015 9:31 AM EDTUBS maintained a Buy rating on General Motors (NYSE: GM), and cut the price target to $48.00 (from $49.00), following an investor day. GM reiterated its 10% N American margin & European profit targets. This supports their 2016 EPS target of $5.00-$5.50, the mid-point is above consensus of... More
General Motors (GM), Navistar (NAV) Enter Agreement for Commercial Vehicle Development, Assembly
September 30, 2015 9:03 AM EDTGeneral Motors (NYSE: GM) and Navistar (NYSE: NAV) have reached a long-term agreement to develop and assemble future medium-duty, conventional cab Class 4/5 commercial vehicles, allowing Navistar to strengthen its product lineup and GM to expand its Chevrolet commercial truck portfolio.
"Bringing medium-duty conventional... More
