NHTSA opens investigation into GM’s Chevy Volt over sudden loss of power
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
- Citi highlights best Gen AI stocks to own for 2027
- Dell’s earning report was bullish for Intel CPU demand, analyst says
- Netflix raises prices in Germany and Austria, Citi comments
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
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GM Defense Awarded U.S. Department of State Contract for Next Generation Armored Heavy-Duty Sport Utility Vehicles
November 30, 2023 8:30 AM ESTAward comes as GM Defense delivers OEM integrated vehicles under development contract
WASHINGTON, Nov. 30, 2023 /PRNewswire/ --Â The U.S. Department of State has awarded GM Defense LLC, a subsidiary of General Motors (GM), a 10-year Indefinite Delivery Indefinite Quantity (IDIQ) full-rate production contract to deliver the next generation Heavy-Duty armored Sport Utility... More
GM Reinstates 2023 Earnings Guidance and Announces a $10 Billion Accelerated Share Repurchase Program and 33% Dividend Increase Starting in 2024
November 29, 2023 6:30 AM ESTDETROIT, Nov. 29, 2023 /PRNewswire/ --Â General Motors Co. (NYSE: GM) announced today it is reinstating its full-year 2023 earnings guidance. In addition, the company announced a $10 billion accelerated share repurchase (ASR) program and its intention to increase its common stock dividend by 33% beginning with the January 2024 declaration.
"GM will deliver very strong profits in 2023 thanks to an exceptional portfolio of vehicles that... More
