GM and OneD Battery Sciences Collaborate on Joint R&D of Silicon Anode Technology for More Efficient EV Batteries

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General Motors (GM) Closes at $33 IPO Price; Morgan Stanley Remains Neutral

September 30, 2022 8:42 AM EDT

Morgan Stanley reiterated an in-line rating and $42.00 price target on General Motors (GM) after the automotive company closed at its $33 IPO Price on Thursday. GMs share price has appreciated 0% over what some analysts believe may have been one of the greatest areas of consumer credit/auto credit tailwinds in history. Over the same time,... More

UBS Updates Global Auto Model on Weak Macro Data: 'Goodbye Auto Production Recovery'

September 30, 2022 7:24 AM EDT

UBS Research updated its global auto model as they believe falling demand will keep 2023 production flat compared to last year.

Analyst, Patrick Hummel wrote in a note that it is overwhelmingly likely that rapidly weakening macro data have a severe negative impact on auto demand in 2023, in all... More