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General Motors Co. (GM) shares information

General Motors Company

24h Change

-0.40 %


Live rate: Market closed

Stock data per Friday 22 Sep, 2023

-0.13 (-0.40%)
US Market is closed

Live Stock price in graph for General Motors Company (GM)

  • Latest Volume

    14,271,985 (25.82 %)

  • Volume prev. day


  • Avg. daily volume


  • Market cap


  • P/E ratio


  • Today high

    33.575 USD

  • Today low

    32.5 USD

  • 52 week high

    43.29 USD

  • 52 week low

    30.79 USD

  • YTD Change


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Latest news about General Motors Company

Below you can find the most recent news posts about General Motors Company, primarily from US and UK based news sources.

Biden To Join UAW Picket Line As Strike Expands, Good Luck Getting Repairs

Sunday, 24 September 2023, 16:30:00
Biden To Join UAW Picket Line As Strike Expands, Good Luck Getting Repairs Authored by Mike Shedlock via, In a symbolic, photo-op gesture to win union votes, Biden will head to Michigan for a token visit. Biden to Walk the Picket Line Tuesday, I’ll go to Michigan to join the picket line and stand in solidarity with the men and women of UAW as they fight for a fair share of the value they helped create. It’s time for a win-win agreement that keeps American auto manufacturing thriving with well-paid UAW jobs. — President Biden (@POTUS) September 22, 2023 Taking Sides CNN had some Interesting comments on Biden Talking Sides . Jeremi Suri, a presidential historian and professor at University of Texas at Austin, said he doesn’t believe any president has ever visited a picket line during a strike. Presidents, including Biden, have previously declined to wade into union disputes to avoid the perception of taking sides on issues where the negotiating parties are often engaged in litigation .
— Zero Hedge

Automotive Market Size in Singapore to grow by 18191 actual units from 2022 to 2027, The market is fragmented due to the presence of prominent companies like Aston Martin Lagonda Ltd., Bayerische Motoren Werke AG and Daimler AG, and many more – Technavio

Sunday, 24 September 2023, 06:15:00

— Kwhen Finance

Robots From China Don”t Strike

Sunday, 24 September 2023, 04:55:00
Robots From China Don”t Strike Authored by Anders Corr via The Epoch Times, The United Auto Workers (UAW) went on strike on Sept. 15 . The strike affected the “big three” in Detroit—General Motors, Ford, and Stellantis, maker of the Jeep. The union wants to increase average labor costs from $65 per hour, including benefits, which is already above market rates. Nonunionized Tesla, for example, pays “just” $45 per hour in labor, considering the cost of benefits. The UAW”s demands would roughly double labor costs and, according to management, make the companies unviable. Where will the workers go when the automakers go bankrupt, further mechanize their assembly lines, or move yet more production to China? Many workers in these companies who aren”t on strike are already getting fired. Striking unions attempt to inflict maximum pain on their own companies with as little effort and expenditure as possible. The companies are forced to let go of misguided workers, who they can’t keep busy because other misguided workers on whom they depend are striking.
— Zero Hedge

US Auto Workers Could Expand Strike, But Not Without Risk

Sunday, 24 September 2023, 00:54:18
Even after escalating its strike against Detroit automakers on Friday, the United Auto Workers union still has plenty of leverage in its effort to force the companies to agree to significant increases in pay and benefits. Only about 12% of the union”s membership is so far taking part in the walkout. The UAW could, if it chose to, vastly expand the number of workers who could strike assembly plants and parts facilities of General Motors, Ford and Stellantis, the owner of the Jeep and Ram brands. Yet the UAW”s emerging strategy also carries risks for the union. By expanding its strike from three large auto assembly plants to all 38 parts distribution centers of GM and Ford, the UAW risks angering people who might be unable to have their vehicles repaired at service centers that lack parts. The union”s thinking appears to be that, by striking both vehicle production and parts facilities, it will force automakers to negotiate a relatively quick end to the strike, now in its second week. To do so, though, some analysts say the union might have to act even more aggressively. “We believe the next step for UAW is the more nuclear option — going for a much more widespread strike on the core plants in and around Detroit,” said Daniel Ives, an analyst with Wedbush Securities. “That would be a torpedo.” Sam Abuelsamid, an analyst at the consulting firm Guidehouse Insights, suggested that with so many workers and factories still running, the union has a number of options with which to squeeze the companies harder. “They could add more assembly plants to the list,” Abuelsamid said. “They could target more of the plants that are building the most profitable vehicles.” As examples, he mentioned a plant in Flint, Michigan, where GM builds heavy-duty pickups, and a Stellantis factory in Sterling Heights, Michigan, that produces Ram trucks.
— Voice of America News

Auto workers expand their strike to 38 locations in 20 US states

Saturday, 23 September 2023, 23:05:38
AP – The United Auto Workers (UAW) union expanded its strike against major carmakers in the United States (US), walking out of all 38 parts-distribution centres operated by General Motors (GM) and Jeep and Ram owner Stellantis in 20 states but sparing Ford from further shutdowns. US President Joe Biden said on X, formerly known […]
— Borneo Bulletin

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