General Motors

This Just In: Upgrades and Downgrades

At The Motley Fool, we poke plenty of fun at Wall Street analysts and their endless cycle of upgrades, downgrades, and "initiating coverage at neutral." So you might think we'd be the last people to give virtual ink to such "news." And we would be -- if that were all we were doing.

4 Questions for Sirius XM in 2011

It's been a monster year for Sirius XM Radio(Nasdaq: SIRI) and its investors, but what will the new year bring? Let's dive into the four questions whose answers will ultimately dictate the stock's direction come 2011.

GM recalls over 111000 vehicles for faulty seat belt buckles

General Motors Co. announced Friday that it is recalling nearly 111000 Chevrolet Equinox, GMC Terrain and Cadillac SRX crossover utility vehicles.

10 Best Technologies of 2010

 As the year is winding down, it is time to look at those technologies that succeeded shaped our lives for the better and those that failed and went the wrong direction. We are starting the series with the 10 best technologies and services of 2010, chosen by our editorial team. Feel free to weigh in.

 

Big Brother Dumps Big Banking

Question: If the stock symbol for General Motors (NYSE: GM) was short for "Government Motors," then what, pray tell, did Citigroup's (NYSE: C) ticker denote?

Picture of the Day: Will This Be a December to Remember?

 And we're off! December 2010 started with a bang yesterday, as the Dow raced ahead 2.3%, erasing three straight days of losses over the course of a few short-but-happy hours. And it's only going to get better from here, right?

 

General Motors Calls China's Bluff

Just returned from the dead, and reintroduced to the public markets, General Motors (NYSE: GM) is the stock everyone's cheering for these days. But is China about to rekill GM, and this time, nail the coffin shut? Maybe not ...

U.S. automakers report November gains

Detroit -- U.S. automakers reported a sharp rise in sales in November compared to a year ago with Ford Motor Co. leading the pack with a gain of 20 percent.

General Motors Co. said sales rose 11.4 percent compared to November a year ago. It's numbers were skewed, however, with comparison to a company that was struggling a year ago with Pontiac, Saturn and Hummer brands, which were wound down and Saab, which it sold this year.

Excluding the four brands it no longer operates, sales at GM rose 21 percent, The New York Times reported Wednesday.

Sales at Chrysler LLC also jumped, rising 16.7 percent.

Auto industry: 'Help' as in 'Help Wanted'

Detroit -- Engineering divisions of two U.S. automakers, General Motors and Chrysler hung up "Help Wanted" signs this week.

Both firms said they were seeking to hire 1,000 engineers and technical staff to ready themselves for a push into a new era of smaller, high-tech cars, The Detroit News reported Wednesday.

General Motors purposefully used the occasion of the first electrically powered Volt rolling off the assembly line to announce it would hire 1,000 engineers in the next two years.

Chrysler, on the same day, matched GM's target citing a need for design work on small and midsized cars that would fit the expectations of its controlling partner Fiat.

One of the Market's Best Bargains

 Not too much has changed in Seth Klarman's portfolio over the past few months, according to his recent SEC filings. His top five positions remained the same during the third quarter. Klarman's Baupost Group did sell more than half of his large stake in paper producer Domtar (NYSE: UFS), and he added two new positions, in Alere (NYSE: ALR)  andRegeneron Pharmaceuticals (Nasdaq: REGN).  

 

GM's next big bet on line Tuesday

Detroit -- The race to find the next generation power train for U.S. vehicles is at least in part a grunge match, a former General Motors executive said.

Bob Lutz, GM's former chief product strategist who retired this year, said the accolades heaped on Toyota's gas-electric Prius after GM discontinued its EV1 electric car in 1999, was at least disquieting.
"I was getting sick of it," he said.

GM stopped production of the EV1 after three years due to high costs of batteries and slow sales, as drivers feared not getting back home before the electricity was depleted, The Detroit News reported Monday.

What's Next for General Motors?

 And they're off! Two days ago, General Motors (NYSE: GM) returned to the public markets with what may have been America's biggest IPO ever, depending on whether you count preferred shares. Was the IPO a success? Will GM be successful? It all depends on how you look at these things.