General Motors (GM) PT Lowered to $90 at BofA Securities

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General Motors (GM) Holds Investor Cruise Event; Announces Austin and Phoenix Expansion

September 13, 2022 11:05 AM EDT

General Motors (NYSE: GM) hosted an investor event focused on their autonomous unit, Cruise. The event featured demonstrations and discussions as well as rides in the Cruise autonomous vehicles.

Wells Fargo analyst, Colin Langan wrote in a note about his experience, saying During our Cruise test ride, the vehicle had trouble ending our trip at our final destination and rerouted twice before I decided to partially open the door, which prompted the vehicle to... More

Chevy Will Not Follow Cadillac and Buick in Offering Franchise Buyouts

September 12, 2022 3:00 PM EDT

In 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