Chevrolet Introduces All-Electric 2024 Equinox
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Chevy Will Not Follow Cadillac and Buick in Offering Franchise Buyouts
September 12, 2022 3:00 PM EDTIn a report by The Verge, Chevrolets global vice president, Scott Bell told the news site that his brand would not follow its sister brands, Cadillac and Buick, in offering buyouts to dealers who do not wish to make the investments to upgrade their facilities for electric... More
General Motors (GM) to Develop Platform Targeting Chinese Affluent
September 8, 2022 11:02 AM EDTAn exclusive from Reuters reports today that American carmaker, General Motors (NYSE: GM) is planning to target affluent Chinese consumers with niche, luxury imports using a new direct sales platform called Durant Guild.
Using the platform, the company will host invitation-only events to showcase possible products, open "experience centers" in urban hubs and potentially stage pop-ups at selected sites.
"Durant Guild is not a volume play, but if we do a good job and the products sell well,... More
Tesla (TSLA) Stock Pops as IRA Prompts Analyst to Upgrade to Outperform
September 6, 2022 6:54 AM EDTShares of Tesla (NASDAQ: TSLA) are up over 1% in premarket Tuesday after Wolfe Research analyst Rod Lache upgraded shares to Outperform from Market Perform with a $360 per share price target.
The upgrade move, as well as reiterated Outperform rating on General Motors (NYSE: GM), reflects raised... More
General Motors (GM) PT Raised to $50 at Wolfe Research
September 6, 2022 2:16 AM EDTWolfe Research analyst Rod Lache raised the price target on General Motors (NYSE: GM) to $50.00 (from $42.00) while maintaining a Outperform rating.... More
