Tag archive for ‘General Motors Company (NYSE:GM)’

General Motors Company (NYSE:GM) Forced To Trim Workforce To Slow Production Line

by Paul Young - on Nov 12th 2014 - No Comments

Tomahawk, WI 11/12/2014 (Basicsmedia) – General Motors Company (NYSE:GM) has announced that it will be laying off staff at its Lansing Grand River Assembly plant as the company tries to bring down production to one shift. CNBC’s Phil Lebeau reports that the latest round of layoffs will affect 350 workers as the automaker tries to...

Avoid Ford Motor Company (NYSE:F) & General Motors Company (NYSE:GM) In Short Term: Adam Jonas

by Cyrus Emen - on Oct 9th 2014 - No Comments

Tomahawk, WI 10/09/2014 (Basicsmedia) – The swift changeover to Ford Motor Company (NYSE:F)’s new model F-150 is unlikely to go well with customers as earlier anticipated, according toMorgan Stanley’s analyst Adam Jonas. During an interview on CNBC, Jonas argued that a number of things will have to work to the automaker’s favor...

General Motors Company (NYSE:GM) to Spend More on its Ignition Switch compensation Package as Claims Increase

by Paul Rados - on Sep 16th 2014 - No Comments

Tomahawk, WI 09/16/2014 (Basicsmedia) – Six Weeks into General Motors Company (NYSE:GM)’s compensation plan for the ill-fated ignition switch menace has seen the automaker acknowledge 6 more deaths. CNBC’s Phil LeBeau reports that 31 cases have already been’ approved for compensation including 19 deaths. The total claims received...

Tesla Motors Inc. (NASDAQ:TSLA) Sinks as Pressure Mounts from Driverless cars

by Rahul Sharma - on Sep 16th 2014 - No Comments

Tomahawk, WI 09/16/2014 (Basicsmedia) – Tesla Motors Inc. (NASDAQ:TSLA) CEO, Elon Musk sentiments that the company’s stock might be overpriced came to haunt the company on Monday as his sentiments were also’ echoed by an analyst at Morgan Stanley (NYSE:MS). CNBC’s managing editor, Allen Wastler, attributes the skidding in...

General Motors Company (NYSE:GM)’s Switching Ignition Menace not to Affect its Driverless-Cars Dream

by Bill - on Sep 9th 2014 - No Comments

Tomahawk, WI 09/09/2014 (Basicsmedia) – Cars able to communicate with each other, as well as infrastructure, are set to be the next big thing in the near future, after General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F) made their intention known of pursuing the driverless-car technology. CNBC’s Phil LeBeau reports that...

General Motors Company (NYSE:GM) to Focus on Autonomous and Electric Vehicles in the Future: CEO Mary Barra

by Jason Gonzalez - on Sep 8th 2014 - No Comments

Tomahawk, WI 09/08/2014 (Basicsmedia) – General Motors Company (NYSE:GM) has experienced one of the toughest year in the recent past at the back of the niggling vehicles-recall menace that entangled the company in wrangles with authorities. The past is behind according to CEO, Mary Barra, who in an interview on CNBC reiterated that...

How valuable is Tesla Motors Inc. (NASDAQ:TSLA)?

by Jason Gonzalez - on Sep 4th 2014 - No Comments

Tomahawk, WI 09/04/2014 (Basicsmedia) – Tesla Motors Inc. (NASDAQ:TSLA) valuation in the electric car segment continues to be a bone of contention with Vilas Capital CIO and CEO, John C. Thompson, of the opinion that the company is five times over-valued. Mr. Thompson argues that there is no way Tesla can be more valuable in terms...

General Motors Company (NYSE:GM) Testing Eye Tracking Technology for Driving

by Michael Allen - on Sep 3rd 2014 - No Comments

Tomahawk, WI 09/03/2014 (Basicsmedia) – The push for smart technology embedded in automobiles continues to gain momentum with General Motors Company (NYSE:GM) reportedly planning to install eye tracking technology in cars according to CNBC’s Phil Lebeau. The new technology is reported to have the capability of tracking driver’s...

Option Call: Buy Tesla Motors Inc. (NASDAQ:TSLA) Forget General Motors Company (NYSE:GM)

by Brian Campbell - on Aug 4th 2014 - No Comments

Tomahawk, WI 08/04/2014 (Basicsmedia) – Tesla Motors Inc. (NASDAQ:TSLA) is poised to define the automobile sector in the coming months as opposed to General Motors Company (NYSE:GM) that is currently trying to clear its name after the faulty ignition-switch problems tainted its image. Tesla Motors has already announced quarterly earnings...

General Motors Company (GM) in Trouble with Slowing Cadillac sales

by Sylvia - on Jul 10th 2014 - No Comments

Tomahawk, WI 07/10/2014 (Basicsmedia) – General Motors Company (NYSE:GM) has on its hand another problem in the name of decreasing sales for its luxury model, Cadillac. The model continues to face huge competition from other luxury models seen by the fact that it is ranked number 5 at 1.2% in terms of sales behind BMW at 12.8%.  Phil...