GENERAL MOTORS SHAREHOLDER NOTICE: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In General Motors To Contact Him Direct

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Deutsche Bank expecting softer auto sales in December

December 29, 2023 10:31 AM EST

Deutsche Bank released their sales preview for the month of December, with analysts suggesting the US light vehicle SAAR may come close to the 15.3-million-unit mark. This projection reflects a slight decrease from November's 15.5 million but significantly surpasses December 2022's figure of 13.6 million. They estimate a YoY increase of approximately 7% in total sales, with retail unit sales rising by 6% and fleet sales experiencing a 15% increase compared to the previous year.

As the sales recovery continues, truck sales have shown a slight YoY increase, reaching... More

General Motors (GM) GM files lawsuit against San Francisco

December 28, 2023 9:13 AM EST

General Motors (NYSE: GM) has filed a lawsuit against the city of San Francisco, aiming to reclaim over $100 million. The lawsuit alleges that the tax bill imposed on GM was inaccurately calculated, attributing this miscalculation to the improper use of its Cruise... More